2006 Mazda 3 Insurance Rates

Want cheaper auto insurance rates for your Mazda 3? If you are new to online price comparisons, most likely you are confused due to the large number of companies all advertising big savings.

It is always a good idea to quote other rates as often as possible because insurance rates are variable and change quite frequently. If you had the best deal on 3 insurance two years ago you can probably find a lower rate today. Forget anything you know (or think you know) about auto insurance because we’re going to show you the fastest and easiest way to save money, get proper coverage and the best rates.

If you are paying for car insurance now, you will be able to reduce your rates substantially using this strategy. Buying the cheapest coverage is simple if you know the tricks. Although drivers do need to understand how companies sell online because it can help you find the best coverage.

Why your insurance costs might be higher

Many factors are taken into consideration when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but some are more transparent like your vehicle usage or how safe your car is.

  • Get a ticket, pay higher prices – A bad driving record impacts premiums far more than you think. Attentive drivers get better rates compared to bad drivers. Having just one ticket can increase the cost of insurance by as much as twenty percent. Drivers who have severe violations such as hit and run, DWI or reckless driving convictions may be required to file a SR-22 with their state in order to keep their license.
  • Drive lots and pay more – The higher the mileage driven in a year’s time the higher your rates will be. Most insurance companies charge to insure your cars based on how the vehicle is used. Cars that do not get driven very much can get a lower rate than vehicles that are driven to work every day. An improperly rated 3 may be wasting your money. Double check that your car insurance policy properly reflects the correct usage.
  • Marriage discount – Your spouse can actually save you money when shopping for car insurance. It translates into being less irresponsible and statistics prove being married results in fewer claims.
  • Consolidate policies to earn discounts – The majority of insurance companies give better rates to insureds who carry more than one policy, otherwise known as a multi-policy discount. The discount can be ten percent or more. Even if you qualify for this discount already, it’s always a smart idea to compare rates to make sure you are getting the best deal.
  • Better credit means lower premiums – Credit score can be a huge factor in your rate calculation. Therefore, if your credit rating is not that good, you could be paying less to insure your 2006 Mazda 3 if you clean up your credit. People with very good credit scores tend to be more responsible and file fewer claims as compared to drivers with worse credit.
  • Only buy what you need – There are a lot of extra add-on coverages that you can get tricked into buying if you aren’t careful. Coverages like rental car reimbursement, high-cost glass coverage, and membership fees are probably not needed. The coverages may be enticing initially, but your money might be better spent on other coverage so remove them from your policy.

Lower-cost insurance coverage quotes with discounts

Companies offering auto insurance do not list every discount they offer in an easy-to-find place, so the list below details a few of the more well known and the more hidden credits available to bring down your rates.

  • Military Rewards – Being deployed in the military could be rewarded with lower rates.
  • Good Student – Being a good student could provide a savings of up to 20% or more. The discount lasts up until you turn 25.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of paying each month you can actually save on your bill.
  • Senior Discount – If you’re over the age of 55, you may be able to get lower premium rates on 3 insurance.
  • Discount for Swiching Early – Some insurance coverage companies reward drivers for switching companies before your current policy expires. It can save you around 10%.
  • Seat Belt Usage – Drivers who require all vehicle occupants to fasten their seat belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
  • Discounts for Government Workers – Federal government employees could provide a small rate reduction on 3 insurance but check with your company.
  • Multi-policy Discount – If you insure your home and vehicles and place coverage with the same company you could get a discount of over 10 percent off each policy depending on the company.
  • Telematics Devices – Drivers who agree to allow data collection to scrutinize where and when they drive remotely like Drivewise from Allstate or In-Drive from State Farm might see lower rates if they are good drivers.
  • First Accident Forgiveness – This isn’t a discount exactly, but a few companies such as GEICO, Allstate and Liberty Mutual may permit one accident without getting socked with a rate hike if your claims history is clear for a particular time prior to the accident.

Remember that most of the big mark downs will not be given the the whole policy. Most only cut the cost of specific coverages such as comp or med pay. Despite the fact that it seems like you would end up receiving a 100% discount, you aren’t that lucky.

To find insurance companies that offer some of these discounts, click here.

Tailor your insurance coverage coverage to you

When it comes to buying the best insurance coverage coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s situation is unique.

For example, these questions may help you determine whether you might need an agent’s assistance.

  • Am I covered when driving a rental car?
  • What companies insure drivers after a DUI or DWI?
  • Should I drop comprehensive coverage on older vehicles?
  • Is my nanny covered when driving my vehicle?
  • When can I cancel my policy?
  • Why am I required to get a high-risk car insurance policy?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, simply complete this short form.

Insurance policy coverages for a Mazda 3

Knowing the specifics of your policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive coverages – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as vandalism, rock chips in glass and hitting a deer. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverages – Collision insurance pays for damage to your 3 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like backing into a parked car, driving through your garage door and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible to bring the cost down.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like doctor visits, X-ray expenses and surgery. The coverages can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Coverage for liability – Liability coverage will cover damage that occurs to other’s property or people. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for things like legal defense fees, medical services, structural damage, court costs and bail bonds. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Mazda 3.

Since many 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 is important protection for you and your family. Normally the UM/UIM limits are set the same as your liablity limits.

At the end of the day…

Consumers who switch companies do it for a variety of reasons including policy non-renewal, delays in responding to claim requests, extreme rates for teen drivers and even high rates after DUI convictions. It doesn’t matter what your reason, choosing a new insurance company is less work than it seems.

We just presented quite a bit of information on how to get a better price on 2006 Mazda 3 insurance. The key thing to remember is the more providers you compare, the better your comparison will be. You may be surprised to find that the lowest priced car insurance comes from the least-expected company.

When you buy car insurance online, don’t be tempted to buy poor coverage just to save money. In many cases, an insured dropped uninsured motorist or liability limits only to discover later that their decision to reduce coverage ended up costing them more. Your goal is to purchase a proper amount of coverage at an affordable rate, but do not sacrifice coverage to save money.

Additional information is located on the following sites: