Save on 1991 Mazda RX-7 Insurance Rates

Trying to come up with a payment for overpriced auto insurance can dry up your savings and force you to cut corners elsewhere. There is such a variety of auto insurance companies to pick from, and although it’s a good thing to be able to choose, lots of choices makes it harder to find the lowest cost provider.

You should make it a habit to do rate comparisons before your next renewal because auto insurance prices change quite often. Just because you found the best rate for RX-7 coverage a few years ago you can probably find a lower rate today. Forget all the misinformation about auto insurance because you’re about to learn the right way to remove unneeded coverages and save money.

How to get free car insurance quotes online

There are a lot of ways to compare car insurance quotes, and some are less labor-intensive and much quicker. You could spend the better part of a day driving to agents in your area, or you can stay home and use the web to quickly compare rates.

Many insurance companies participate in an industry program that allows shoppers to enter their coverage request one time, and every company can give them a price based on that information. This eliminates the need for quote forms for each company you want a rate for.

To compare rates using this form now click to open in new window.

The single downside to using this type of system is buyers cannot specifically choose the insurers you want pricing from. If you wish to select from a list of companies to compare, we have assembled a list of companies who write car insurance in your area. Click to view list.

It’s up to you how you get prices quotes, just double check that you are using identical coverage information on every quote you get. If each company quotes different coverage information it’s impossible to truly determine the lowest rate.

What determines Mazda RX-7 insurance prices?

Part of the auto insurance buying process is learning the factors that play a part in calculating the rates you pay for auto insurance. If you have a feel for what controls the rates you pay, this allows you to make educated decisions that may reward you with lower rates. Multiple criteria are used when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, although others are less obvious like where you live or your commute time.

The following are most of the major factors used by insurance companies to determine your premiums.

  • Save by driving less – Driving more miles in a year the more you will pay for auto insurance. A lot of companies rate vehicles partially by how you use the vehicle. Vehicles not used for work or commuting receive lower rates than cars that get driven a lot. It’s a good idea to make sure your policy is showing the correct usage, because improper ratings can cost you money. An improperly rated RX-7 is just wasting money.
  • Younger drivers are expensive to insure – Teen drivers tend to be inattentive when behind the wheel so they pay higher auto insurance rates. Mature drivers have been proven to be more responsible, are lower risk to insure .
  • City dwellers may pay more – Living in a rural area has it’s advantages when talking about auto insurance. Drivers in populated areas regularly have more auto accidents and more time behind the wheel. Less people living in that area means a lower chance of having an accident and a lower car theft rate.
  • Optional features that lower premiums – Choosing to buy a car with a theft deterrent system can help lower your rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft and help bring rates down.
  • Auto insurance lapses lead to higher auto insurance rates – Not maintaining insurance is illegal and you will pay a penalty because you let your insurance lapse for non-payment. Not only will you pay more, not being able to provide proof of insurance could result in fines and jail time.
  • Costs increase with policy add-ons – There are quite a few additional extra coverages that you can get tricked into buying but may not be useful. Insurance for rental car coverage, accidental death, and motor club memberships may not be needed and are just wasting money. They may sound like good ideas when buying your policy, but your money might be better spent on other coverage so get rid of them and save.
  • Insurance rates and driver gender – Over the last 50 years, statistics have shown that women are safer drivers than men. The data does not necessarily mean that males are worse at driving than females. Females and males are responsible for accidents in similar percentages, but guys tend to have more serious accidents. In addition to higher claims, males also get higher numbers of serious violations such as reckless driving.
  • Multi-policy discounts can save money – Most major insurers allow better rates for people that buy multiple policies in the form of a multi-policy discount. Discounts can amount to as much as ten percent or more Even with this discount, you still need to compare other company rates to help guarantee you have the best rates.

Discounts can really help lower rates

Car insurance companies don’t necessarily list all possible discounts in a way that’s easy to find, so the next list breaks down some of the best known and also the more inconspicuous credits available to bring down your rates.

  • Cautious Driver Discounts – Accident-free drivers could pay up to 40% less for RX-7 coverage than less cautious drivers.
  • Buy New and Save – Buying a new car model may earn a small discount compared to insuring an older model.
  • Passive Restraints – Options like air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • Multi-Vehicle Discounts – Drivers who insure primary and secondary vehicles with the same company can reduce the rates for all insured vehicles.
  • Senior Citizen Discount – Seniors may receive reduced rates for RX-7 coverage.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given the the whole policy. Some only reduce specific coverage prices like liability and collision coverage. So even though it sounds like you can get free auto insurance, that’s just not realistic.

A few of the larger companies and a partial list of their discounts can be read below.

  • Travelers has savings for hybrid/electric vehicle, student away at school, early quote, multi-policy, save driver, and payment discounts.
  • 21st Century has discounts for theft prevention, good student, homeowners, early bird, student driver, driver training, and teen driver.
  • State Farm discounts include defensive driving training, good student, passive restraint, Steer Clear safe driver discount, and accident-free.
  • GEICO may include discounts for defensive driver, five-year accident-free, federal employee, seat belt use, emergency military deployment, and anti-lock brakes.
  • SAFECO may offer discounts for teen safety rewards, accident prevention training, drive less, homeowner, and multi-car.
  • AAA offers discounts including pay-in-full, education and occupation, multi-policy, good student, good driver, anti-theft, and multi-car.

If you need affordable auto insurance quotes, ask each company or agent which credits you are entitled to. Discounts may not apply to policies everywhere. If you would like to see a list of insurance companies who offer cheap car insurance quotes, click this link.

Will just any policy work for me?

When buying coverage for your vehicles, there really is not a cookie cutter policy. Every situation is different so your insurance should reflect that These are some specific questions might help in determining if your situation would benefit from professional advice.

  • Is there coverage for injuries to my pets?
  • When should I not file a claim?
  • Do I get a pro-rated refund if I cancel my policy early?
  • What if I owe more than I can insure my car for?
  • Can I drive in Mexico and have coverage?
  • Are my friends covered when driving my 1991 Mazda RX-7?
  • Are my friends covered when driving my car?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Why is insurance for a teen driver so high?
  • Should I buy additional glass protection?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Specific coverages for a 1991 Mazda RX-7

Knowing the specifics of your insurance policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are the normal coverages found on most insurance policies.

Medical costs insurance – Med pay and PIP coverage provide coverage for short-term medical expenses for things like dental work, funeral costs, ambulance fees and pain medications. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and may carry a deductible

Collision – Collision insurance pays for damage to your RX-7 from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like colliding with a tree, sustaining damage from a pot hole, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Liability insurance – This protects you from injuries or damage you cause to people or other property that is your fault. This coverage protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for claims such as court costs, medical expenses, repair costs for stationary objects and loss of income. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your Mazda RX-7.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like theft, damage from a tornado or hurricane and damage from getting keyed. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Shop around and save

Cheap 1991 Mazda RX-7 insurance is possible online and from local agencies, and you need to price shop both so you have a total pricing picture. Some insurance providers may not have online rate quotes and most of the time these regional carriers only sell through independent insurance agents.

We covered quite a bit of information on how to save on 1991 Mazda RX-7 insurance. It’s most important to understand that the more quotes you get, the higher the chance of saving money. You may be surprised to find that the biggest savings come from the least-expected company. Some small companies can often provide lower prices in certain areas than their larger competitors like Progressive or GEICO.

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