Cheap 2011 Mazda 3 Insurance Rates

Are you burned out from sacrificing to buy car insurance? You have the same problem as many other people.

Many auto insurance companies vie to insure your vehicles, so it’s not easy to compare every provider to get the cheapest price

It’s a great practice to do rate comparisons occasionally since prices tend to go up over time. Just because you found the lowest quotes on 3 insurance two years ago a different company probably has better rates today. Ignore everything you know about car insurance because you’re going to learn the fastest and easiest way to reduce your cost while increasing coverage.

Discount insurance rates

Companies offering auto insurance don’t always list all available discounts in an easy-to-find place, so here is a list a few of the more common and the more hidden credits available to bring down your rates.

  • No Claim Discounts – Drivers who stay claim-free can earn big discounts compared to drivers with a long claim history.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
  • Employee of Federal Government – Simply working for the federal government can save as much as 8% on 3 insurance with some insurance companies.
  • Save with a New Car – Buying insurance on a new vehicle can save up to 30% compared to insuring an older model.
  • Distant Student – Youth drivers who attend college more than 100 miles from home and leave their car at home can be insured at a reduced rate.
  • Homeowners Pay Less – Just being a homeowner can save you money because of the fact that having a home shows financial diligence.
  • Life Insurance – Not all companies offer life insurance, but some may give you lower insurancerates if you buy some life insurance in addition to your auto policy.
  • Air Bag Discount – Options like air bags or automatic seat belts can receive discounts of up to 25% or more.
  • Early Renewal Discounts – Some insurance companies give discounts for renewing your policy prior to your current policy expiring. The savings is around 10%.
  • Good Grades Discount – Excelling in school can earn a discount of 20% or more. The good student discount can last well after school through age 25.

Don’t be shocked that some credits don’t apply to your bottom line cost. Most only apply to the price of certain insurance coverages like medical payments or collision. Despite the appearance that you can get free auto insurance, that’s just not realistic.

Larger insurance companies and their offered discounts are:

  • State Farm has savings for anti-theft, multiple autos, Drive Safe & Save, multiple policy, accident-free, Steer Clear safe driver discount, and defensive driving training.
  • American Family may offer discounts for bundled insurance, accident-free, TimeAway discount, good student, defensive driver, multi-vehicle, and early bird.
  • AAA may include discounts for good student, education and occupation, good driver, AAA membership discount, and multi-policy.
  • GEICO offers discounts including air bags, defensive driver, federal employee, anti-lock brakes, and anti-theft.
  • Mercury Insurance includes discounts for multi-policy, good driver, age of vehicle, good student, annual mileage, and professional/association.
  • Farmers Insurance offers discounts for good student, youthful driver, mature driver, bundle discounts, alternative fuel, pay in full, and teen driver.
  • Progressive offers premium reductions for online signing, online quote discount, good student, multi-vehicle, homeowner, continuous coverage, and multi-policy.

It’s a good idea to ask all companies you are considering how many discounts you can get. Some of the earlier mentioned discounts may not be offered everywhere. To see a list of providers that offer the discounts shown above, click here to view.

Ways to get car insurance rate quotes

When shopping for cheap auto insurance quotes, there are a couple of ways to compare rate quotes from car insurance companies in your area. The quickest method to find affordable Mazda 3 insurance rates consists of obtaining rate quotes online. This can be done in a couple minutes as outlined below.

  1. The fastest and easiest way consumers can analyze rates is an all-inclusive rate comparison (click to open form in new window). This style of form saves time by eliminating boring form submissions to each individual car insurance company. Just one form gets you coverage quotes instantly.
  2. Another way to shop for car insurance online consists of going to the website for every company you want to comare and fill out their own quote form. For example, let’s say you want comparison quotes from GEICO, Farmers and American Family. To get each rate you have to navigate to each company’s site and enter your information, and that explains why we recommend the first method. To view a list of companies in your area, click here.

Take whichever approach you prefer, but be sure you’re using the same deductibles and coverage limits for each price quote. If you enter different liability limits then you won’t be able to make an equal comparison. Having just a slight variation in coverage limits may result in a large different in cost. Keep in mind that quoting more will improve the odds of getting more affordable rates. Some regional insurers cannot provide online rate quotes, so you also need to get prices from the smaller companies as well.

Tailor your car insurance coverage to you

When choosing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions can help discover whether you might need professional guidance.

  • Do I need replacement cost coverage on my 2011 Mazda 3?
  • Can I drive in Mexico and have coverage?
  • I have health insurance so do I need medical payments coverage?
  • How much can I save by bundling my policies?
  • Can I afford to pay high deductible claims out of pocket?
  • Do I need special endorsements for business use of my vehicle?
  • Does my insurance cover damage caused when ticketed for reckless driving?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Insurance policy coverages for a Mazda 3

Learning about specific coverages of a insurance policy aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages available from insurance companies.

Medical costs insurance – Coverage for medical payments and/or PIP pay for short-term medical expenses such as nursing services, ambulance fees and pain medications. They are utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as a broken windshield, hail damage, rock chips in glass, damage from flooding and falling objects. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda 3.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Auto liability – This can cover damage or injury you incur to other people or property that is your fault. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things such as bail bonds, repair costs for stationary objects, pain and suffering, court costs and legal defense fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Collision – This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as hitting a parking meter, damaging your car on a curb, colliding with another moving vehicle and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

The bottom line

When searching for affordable auto insurance quotes, it’s a bad idea to buy less coverage just to save a little money. There have been many cases where drivers have reduced uninsured motorist or liability limits only to find out that the savings was not a smart move. Your aim should be to purchase a proper amount of coverage at the best price, not the least amount of coverage.

Budget-friendly insurance coverage is attainable online in addition to many insurance agents, and you need to price shop both to have the best rate selection. There are still a few companies who may not provide internet price quotes and these regional carriers only sell coverage through local independent agents.

To read more, feel free to browse the articles below: