How Much Does 2004 Mazda MPV Car Insurance Cost?

Searching for lower car insurance rates for your Mazda MPV? Do you think you bought overpriced car insurance? Don’t feel bad because many drivers have buyer’s remorse.

Multiple auto insurance companies compete for your insurance dollar, and because of this it can be hard to compare insurance companies to discover the definitive best rates possible.

You may qualify for discounts

Insurance can be pricey, but you may qualify for discounts to help offset the cost. Some trigger automatically when you purchase, but occassionally some discounts must be manually applied before being credited.

  • Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to fasten their seat belts could cut 10% or more on medical payment and PIP coverage.
  • Paperless Signup – A handful of insurance companies give back up to $50 get car insurance on their website.
  • Data Collection Discounts – Policyholders that allow companies to spy on vehicle usage by using a telematic data system such as In-Drive from State Farm or Allstate’s Drivewise system could see a rate decrease if they exhibit good driving behavior.
  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. You can use this discount normally up until you turn 25.
  • Active Service Discounts – Having an actively deployed family member could be rewarded with lower prices.
  • Drivers Ed for Students – Teen drivers should take driver’s ed class if offered at their school.
  • Homeowners Savings – Owning a house can help you save on insurance because it is proof of financial responsibility.
  • Early Switch Discount – Some insurance companies give discounts for signing up before your current coverage expires. It’s a savings of about 10%.
  • Life Insurance Discount – If the company offers life insurance, you could get better rates if you take out a life insurance policy as well.
  • Resident Student – Children who are enrolled in higher education away from home and don’t have a car could qualify for this discount.

Discounts reduce rates, but you should keep in mind that most credits do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. So even though it sounds like all those discounts means the company will pay you, companies don’t profit that way.

A few popular companies and their offered discounts can be found below.

  • Farm Bureau may include discounts for multi-policy, youthful driver, 55 and retired, driver training, and renewal discount.
  • MetLife discounts include good driver, accident-free, claim-free, good student, and defensive driver.
  • Progressive may offer discounts for continuous coverage, good student, multi-vehicle, multi-policy, homeowner, online quote discount, and online signing.
  • AAA offers premium reductions for anti-theft, multi-policy, AAA membership discount, good driver, education and occupation, and multi-car.
  • American Family offers discounts for TimeAway discount, good student, defensive driver, early bird, Steer into Savings, and bundled insurance.
  • GEICO has discounts for emergency military deployment, multi-vehicle, air bags, five-year accident-free, and driver training.
  • State Farm offers discounts including multiple policy, defensive driving training, good student, accident-free, safe vehicle, and driver’s education.

Before buying, ask every insurance company which discounts they offer. Some credits might not apply in your area. To view insurers with significant discounts, click here to view.

How to compare car insurance rate quotes

Many insurance companies give coverage price quotes on the web. Getting prices online doesn’t take much effort as you simply enter the coverages you want into the form. Once you submit the form, their system will order reports for credit and driving violations and generates pricing information based on the data you entered. This makes it a lot easier to compare rates but the work required to visit many different websites and type in the same information can be a bit tiresome and repetitive. But it’s necessary to do this if you want to find a better rate.

A quicker way to compare rates uses one form to return rates from a lot of companies. It’s a real time-saver, requires much less work on your part, and makes online price comparison much more enjoyable and efficient. After your information is entered, it is quoted with multiple companies and you can pick any one of the price quotes you receive. If you find a better price you simply finish the application and buy the new coverage. The whole process only takes a few minutes and you’ll know if lower rates are available.

To save time and compare rates now, click here to open in new window and submit the form. If you have your current policy handy, we recommend you duplicate the coverage information just like they are on your policy. This way, you will have comparison quotes based on the exact same insurance coverage.

Smart buyers know how to quote insurance coverage for less

Many things are used in the calculation when pricing auto insurance. Some are pretty understandable such as your driving history, but other criteria are not as apparent such as your marital status or your commute time.Part of the insurance coverage buying process is learning the rating factors that play a part in calculating your insurance coverage rates. If you know what influences your rates, this helps enable you to make changes that may reward you with lower insurance coverage prices.

  • Insure your auto and home with one company – Some insurance companies allow better rates to clients who have multiple policies with them such as combining an auto and homeowners policy. Even if you qualify for this discount already, consumers should still compare other company rates to help ensure you have the lowest rates.
  • Traffic violations increase rates – A bad driving record influences premium rates substantially. Getting just one ticket may increase your cost to the point where it’s not affordable. Drivers who don’t get tickets pay lower auto insurance prices than people who have multiple driving citations. Drivers who have license-revoking tickets like DUI, reckless driving or excessive speeding may be required to maintain a SR-22 with their state’s licensing department in order to prevent a license revocation.
  • Minor frequent insurance coverage claims are not good – If you tend to file frequent claims, don’t be surprised to see much higher rates or policy non-renewal. Auto insurance companies provide discounts to drivers who do not file claims often. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • Never let your insurance coverage policy lapse – Letting your insurance expire is a quick way to bump up your insurance coverage costs. In addition to paying higher rates, not being able to provide proof of insurance might get you a revoked license or a big fine. Then you may be required to file a SR-22 with your state motor vehicle department to get your license reinstated.

There’s no such thing as the perfect auto insurance policy

When buying the best auto insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions can aid in determining whether you might need professional guidance.

  • Does insurance cover tools stolen from my truck?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Should I have a commercial auto policy?
  • Do I have coverage when using my vehicle for my home business?
  • Is there coverage for injuries to my pets?
  • Does liability extend to a camper or trailer?
  • When should I remove comp and collision on my 2004 Mazda MPV?
  • What exactly is covered by my policy?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.

Auto insurance coverages

Learning about specific coverages of insurance aids in choosing which coverages you need for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types available from insurance companies.

Liability coverage – Liability coverage will cover damage that occurs to a person or their property that is your fault. It protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things such as repair costs for stationary objects, repair bills for other people’s vehicles, court costs and funeral expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for short-term medical expenses such as funeral costs, nursing services, dental work and doctor visits. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 2004 Mazda MPV.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive insurance – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from getting keyed, hail damage, a broken windshield and vandalism. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision – This coverage pays for damage to your MPV resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things like damaging your car on a curb, scraping a guard rail, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Final considerations

Cheaper auto insurance can be purchased both online as well as from insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who don’t offer the ability to get quotes online and most of the time these regional carriers only sell coverage through independent agents.

We just presented a lot of techniques to compare 2004 Mazda MPV insurance prices online. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. You may even discover the lowest prices come from a smaller regional carrier. Regional companies may cover specific market segments cheaper as compared to the big name companies such as GEICO and State Farm.

Additional learning opportunities