Save on 1994 Mazda RX-7 Car Insurance Rates

Shoppers have lots of choices when shopping for affordable Mazda RX-7 insurance. You can either spend your time contacting agents trying to get quotes or save time using the internet to make rate comparisons.

There are both good and bad ways to shop for auto insurance and we’ll show you the quickest way to quote coverages for a new or used Mazda and locate the lowest possible price either online or from local insurance agents.

Smart consumers take time to compare prices periodically because auto insurance prices change quite often. Just because you found the best deal on RX-7 insurance two years ago other companies may now be cheaper. You can search a lot of auto insurance out there, but you can learn some of the best ways to find cheap auto insurance.

Buy auto insurance online

There are multiple methods to compare auto insurance quotes, but some are easier and takes less work. You could waste time discussing policy coverages with insurance agencies in your area, or you can utilize the internet for quick rates.

The majority of car insurance companies belong to an insurance system that enables customers to submit their information once, and every company then returns a price quote. This system prevents you from having to do form submissions to each individual auto insurance company.

To get comparison pricing now click here to open in new window.

The one disadvantage to using this type of system is that you can’t choose which carriers to get pricing from. So if you prefer to choose specific insurance companies to compare rates, we have a page of companies who write auto insurance in your area. Click here to view list.

Whichever way you choose to compare rates, make sure you compare exactly the same quote data for every quote you compare. If the quotes have different limits and deductibles on each one it will be impossible to truly determine the lowest rate.

Beware of misleading auto insurance ads

Consumers can’t get away from ads that claim the lowest car insurance rates by companies like Allstate and Progressive. They all seem to make the same claim that people will save if you just switch your coverage to them.

How is it plausible that every one can cost less than your current company? This is the way they can do it.

Many companies have specific criteria for the type of driver they prefer to insure. A good example of a driver they prefer might be a mature driver, has no claims, and insures a new vehicle. A customer getting a price quote who matches that profile will get low car insurance rates and therefore will pay quite a bit less when switching companies.

Potential customers who don’t measure up to these criteria will be charged more expensive rates which leads to business going elsewhere. If you listen closely, the ads state “people that switch” not “all people who quote” will save that much if they switch. That’s why insurance companies can confidently make it sound like they have such great car insurance rates.

Because of the profiling, you absolutely need to get a wide range of price quotes. It’s not possible to predict which auto insurance company will have the best rates.

Why you might pay higher rates

An important part of buying insurance is that you know the factors that help determine your policy premiums. If you know what influences your rates, this enables you to make decisions that can help you get much lower annual insurance costs.

Listed below are some of the most rate-impacting factors that factor into rates.

  • Vehicles with better crash test results cost less to insure – Vehicles that have high safety ratings tend to have better insurance rates. Vehicles engineered for safety help reduce the chance of injuries in an accident and lower injury rates means your insurance company pays less and more competitive rates for policyholders.
  • If you don’t need it don’t buy it – Insurance policies have a lot of add-on coverages you can purchase when buying car insurance. Coverages like roadside assistance, better glass coverage, and extra equipment coverage could be just wasting money. You may think they are a good idea initially, but if they’re wasting money eliminate them to save money.
  • You might want pay the inexpensive insurance claims yourself – Insurance companies give lower rates to insureds who file claims infrequently. If you tend to file frequent claims, you can look forward to either a policy non-renewal or much higher rates. Insurance coverage is designed for claims that you cannot pay yourself.
  • Teenage drivers pay high rates – Youthful drivers are proven to get distracted easily in a vehicle therefore car insurance rates are much higher. If you’ve ever had to add a teen driver to your car insurance policy can be very expensive. Mature drivers have been proven to be more responsible, statistically cause fewer accidents and receive fewer citations.

More affordable rates by applying discounts

Insurance can be prohibitively expensive, but you may be missing some discounts to help bring down the price. Many discounts should be triggered at the time you complete a quote, but a few must be inquired about prior to getting the savings.

  • Telematics Devices – People who choose to allow driving data submission to scrutinize driving patterns by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive may get a rate reduction if they have good driving habits.
  • Braking Control Discount – Cars, trucks, and SUVs that have steering control and anti-lock brakes are much safer to drive and the ABS can save up to 10%.
  • Sign Online – Some of the larger companies will give a small break for completing your application on their website.
  • No Claim Discounts – Drivers who stay claim-free have much lower rates when compared with frequent claim filers.
  • Pay Upfront and Save – If you pay your bill all at once instead of monthly or quarterly installments you can avoid monthly service charges.
  • Federal Government Employee – Having worked for a branch of the government may reduce rates when you quote car insurance on RX-7 insurance depending on your car insurance provider.
  • Multi-Vehicle Discounts – Buying insurance for primary and secondary vehicles with the same car insurance company qualifies for this discount.
  • Drivers Education – Reduce the cost of insurance for teen drivers by having them complete a driver education course if it’s offered in school.
  • Good Driver Discounts – Drivers without accidents can get discounts for up to 45% lower rates on RX-7 insurance than drivers with accidents.

Don’t be surprised that some of the credits will not apply to your bottom line cost. Some only reduce individual premiums such as collision or personal injury protection. Even though it appears adding up those discounts means a free policy, you won’t be that lucky.

Larger car insurance companies and their possible discounts are included below.

  • GEICO has discounts for military active duty, federal employee, membership and employees, defensive driver, and emergency military deployment.
  • Mercury Insurance includes discounts for low natural disaster claims, multi-policy, multi-car, professional/association, good driver, accident-free, and good student.
  • Farmers Insurance offers discounts for teen driver, switch companies, multi-car, homeowner, and good student.
  • Auto-Owners Insurance policyholders can earn discounts including good student, safe driver, mature driver, student away at school, anti-theft, and paid in full.
  • Liberty Mutual offers discounts including multi-policy, hybrid vehicle, newly retired, preferred payment discount, safety features, and new vehicle discount.
  • SAFECO discounts include teen safety rewards, anti-theft, anti-lock brakes, drive less, accident prevention training, and homeowner.
  • Progressive may offer discounts for online signing, continuous coverage, multi-vehicle, multi-policy, good student, online quote discount, and homeowner.
  • USAA may have discounts that include annual mileage, good student, vehicle storage, safe driver, and family discount.

If you want low cost car insurance quotes, ask all companies you are considering which discounts can lower your rates. Some credits might not be offered in every state. If you would like to see a list of providers with the best car insurance discounts, click here to view.

Your auto insurance coverage should be tailored to you

When it comes to choosing the right insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Every situation is different.

For example, these questions could help you determine if your situation would benefit from professional advice.

  • Is upholstery damage covered by car insurance?
  • What is the ISO rating for a 1994 Mazda RX-7?
  • Are rock chip repairs covered?
  • Do I need to file an SR-22 for a DUI in my state?
  • Do I pay less if my vehicle is kept in my garage?
  • Is a fancy paint job covered?
  • Should I sign the liability waiver when renting a car?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

The coverage is in the details

Understanding the coverages of your policy can help you determine appropriate coverage at the best deductibles and correct limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Collision insurance

Collision coverage covers damage to your RX-7 resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as sustaining damage from a pot hole, crashing into a ditch, rolling your car and backing into a parked car. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, hitting a bird and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability

Liability coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as medical services, emergency aid, structural damage, pain and suffering and legal defense fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda RX-7.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Usually these coverages are similar to your liability insurance amounts.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for bills for nursing services, doctor visits, surgery, hospital visits and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Coverage on a shoestring budget

People switch companies for many reasons like questionable increases in premium, extreme rates for teen drivers, poor customer service or even policy non-renewal. Regardless of your reason, choosing a new insurance company can be pretty painless.

Cheaper 1994 Mazda RX-7 insurance is possible on the web in addition to local insurance agencies, so you need to shop car insurance with both in order to have the best chance of saving money. Some auto insurance companies do not offer the ability to get quotes online and most of the time these small insurance companies prefer to sell through local independent agencies.

As you quote car insurance, it’s not a good idea to sacrifice coverage to reduce premiums. There are many occasions where an accident victim reduced physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The goal is to get the best coverage possible at an affordable rate, but do not sacrifice coverage to save money.

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