1995 Mazda 626 Insurance Cost

Trying to find cheaper car insurance rates? Buyers have many options when searching for the lowest priced Mazda 626 insurance. You can either waste hours calling around getting price quotes or utilize the internet to make rate comparisons. There is a better way to shop for car insurance so we’re going to tell you the proper way to quote coverages for a new or used Mazda and obtain the cheapest rates from local insurance agents and online providers.

It’s a great practice to quote other rates at least once a year because car insurance prices tend to go up over time. Even if you got the best rate on 626 insurance on your last policy the chances are good that you can find a lower premium rate today. Forget anything you know (or think you know) about car insurance because it’s time to teach you the best methods to save on car insurance.

Finding the best rates is not rocket science. If you are paying for car insurance now, you should be able to reduce your rates substantially using these techniques. Vehicle owners only need an understanding of the proper methods to get comparison rates over the internet.

Get cheaper insurance prices by understanding these factors

It’s important that you understand a few of the rating criteria that help calculate the price you pay for car insurance. When you understand what influences your rates, this allows you to make good choices that could help you find better car insurance rates.

Shown below are a few of the “ingredients” used by insurance companies to determine your rates.

  • Do you really need to file that car insurance claims? – Car insurance companies provide the lowest premiums to policyholders who do not rely on their insurance for small claims. If you tend to file frequent claims, you can look forward to either a policy non-renewal or much higher rates. Your car insurance is designed for major claims that would cause financial hardship.
  • Where do you drive? – Driving more miles each year the more you’ll pay to insure it. A lot of companies rate vehicles based upon how much you drive. Autos left parked in the garage cost less to insure than vehicles that have high annual mileage. An improperly rated 626 is throwing money out the window. It’s a smart idea to ensure your policy correctly shows the correct usage, because improper ratings can cost you money.
  • Do you really need roadside assistance? – Insurance policies have a lot of additional coverages you can purchase if you aren’t diligent. Insurance for replacement cost coverage, accidental death, and extra life insurance coverage are some examples. These may sound like a good investment when buying your policy, but if they’re wasting money eliminate them to save money.
  • Car insurance rates and age – Young drivers are known to be inattentive in a vehicle therefore car insurance rates are much higher. Older insureds tend to be more responsible, cause fewer claims and accidents and receive fewer citations.
  • Cheaper rates with high physical damage deductibles – Physical damage deductibles define the amount you are required to pay if a claim is determined to be covered. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Examples of covered claims would be a windshield broken by a bird, fire damage, and having a roll-over accident. The more of the claim you are required to pay out-of-pocket, the lower your rates will be on 626 insurance.
  • Location can impact price – Being located in a rural area is a positive aspect when buying car insurance. People in densly populated areas have to deal with more auto accidents and longer commute times. Fewer drivers and short commutes means less chance of accidents in addition to fewer liability claims.
  • Never allow your coverage to lapse – Going without insurance will be a fast way to increase your car insurance rates. In addition to paying higher premiums, failure to provide proof of insurance can result in a hefty fine and possibly a revoked license. You may have to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.

First Step: Get free insurance quotes

There are a lot of ways to compare insurance prices and some are less labor-intensive and much quicker. You could spend your day talking about coverages with insurance agencies in your area, or you can utilize the web to get pricing more quickly.

Many popular insurance companies participate in a marketplace that allows shoppers to complete one form, and at least one company can provide price quotes based on that data. This saves time by eliminating quote forms to each company.

To find out what other companies charge click to open in new window.

One minor caviat to pricing coverage this way is you don’t know exactly which companies you want pricing from. So if you prefer to choose individual companies to request quotes from, we put together a list of the cheapest insurance companies in your area. Click to view list.

It’s up to you which method you use, but make darn sure you compare equivalent coverage data for each price quote. If you enter different deductibles you will not be able to determine the best price for your Mazda 626.

Don’t overlook these car insurance discounts

Car insurance can be pricey, but there could be significant discounts that can dramatically reduce your bill. Certain discounts will be applied at the time you complete a quote, but some may not be applied and must be manually applied in order for you to get them.

  • Multi-Vehicle Discounts – Having all your vehicles with the same car insurance company may reduce the rate for each vehicle.
  • Air Bags and Passive Restraints – Factory air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
  • Senior Discount – Drivers over the age of 55 may qualify for a slight reduction on a auto insurance quote on 626 insurance.
  • Include Life Insurance and Save – Select insurance companies reward you with a small discount if you purchase auto and life insurance together.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to fasten their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Anti-lock Brake System – Cars equipped with ABS or steering control have fewer accidents so you can save 10 percent or more.
  • Resident Student – who live away from home at college without a vehicle on campus may be insured at a cheaper rate.
  • Theft Prevention Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems can help prevent theft and earn discounts up to 10% off your auto insurance quote.
  • Own a Home – Simply owning a home can help you save on car insurance because owning a home shows financial diligence.
  • Safety Course Discount – Completing a safe driver course could cut 5% off your bill and easily pay for the cost of the class.

Please keep in mind that some of the credits will not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like you would end up receiving a 100% discount, insurance companies wouldn’t stay in business. But all discounts should definitely cut the amount you pay for coverage.

Large car insurance companies and a partial list of their discounts are shown below.

  • Progressive policyholders can earn discounts including multi-vehicle, online signing, continuous coverage, homeowner, good student, online quote discount, and multi-policy.
  • The Hartford may offer discounts for anti-theft, good student, driver training, defensive driver, and bundle.
  • Mercury Insurance has discounts for type of vehicle, good driver, multi-car, anti-theft, ease of repair, annual mileage, and accident-free.
  • GEICO offers discounts for anti-lock brakes, daytime running lights, defensive driver, air bags, and five-year accident-free.
  • AAA may include discounts for good driver, anti-theft, multi-car, education and occupation, good student, pay-in-full, and AAA membership discount.
  • State Farm offers premium reductions for safe vehicle, passive restraint, good driver, Drive Safe & Save, Steer Clear safe driver discount, multiple autos, and anti-theft.

If you want the cheapest auto insurance quotes, ask each insurance company which credits you are entitled to. A few discounts may not apply to policies in your state. To find car insurance companies with the best car insurance discounts, follow this link.

When to get professional advice

When choosing proper insurance coverage, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that can aid in determining whether or not you will benefit from professional help.

  • What are the best liability limits?
  • Do I need special endorsements for business use of my vehicle?
  • How much liability coverage do I need in my state?
  • Do I need replacement cost coverage?
  • When should my teen driver be added to my policy?
  • Do I need higher collision deductibles?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and may give you better protection.

Car insurance policy coverages for a Mazda 626

Understanding the coverages of car insurance aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Collision coverages – Collision insurance covers damage to your 626 resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things like colliding with another moving vehicle, sideswiping another vehicle, damaging your car on a curb, hitting a mailbox and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to bring the cost down.

Comprehensive insurance – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like theft, rock chips in glass, fire damage and hitting a deer. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for immediate expenses for things like surgery, dental work and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Coverage for liability – Liability coverage can cover injuries or damage you cause to people or other property in an accident. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like repair bills for other people’s vehicles, pain and suffering, funeral expenses and bail bonds. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda 626.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Be a smart shopper

More affordable car insurance can be purchased online as well as from independent agents, so get free auto insurance quotes from both of them to have the best selection. Some companies may not provide rate quotes online and most of the time these small, regional companies prefer to sell through independent agencies.

We just showed you a lot of information how to save on 1995 Mazda 626 insurance. The key concept to understand is the more companies you get rates for, the higher the chance of saving money. Consumers may even find the best price on car insurance is with a lesser-known regional company.

Insureds who switch companies do it for a number of reasons such as delays in responding to claim requests, high rates after DUI convictions, lack of trust in their agent and even policy non-renewal. Regardless of your reason for switching companies, choosing a new company can be less work than you think.

Much more information about car insurance can be found at the links below