2012 Mazda Mazda3 Insurance Rates – 5 Ideas for Cheapest Quotes

Are you burned out from scraping nickels together to keep your car insured? You are in the same boat as many other consumers. Since vehicle owners have many insurance companies to choose from, it can be hard to locate the best insurer.

Cheap car insurance rates with discounts

Not many people think insurance is cheap, but you can get discounts to help offset the cost. Larger premium reductions will be automatically applied when you complete an application, but lesser-known reductions have to be requested specifically prior to receiving the credit. If you are not receiving all the discounts available, you’re just leaving money on the table.

  • Telematics Devices – People who choose to allow data collection to study driving manner by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm may see discounts if they have good driving habits.
  • Discounts for Seat Belt Usage – Buckling up and requiring all passengers to buckle up could cut 10% or more off the PIP or medical payment premium.
  • Safety Course Discount – Passing a driver safety class is a good idea and can lower rates if you qualify.
  • Driver Education Discount – It’s a good idea to have your young drivers complete a driver education course if it’s offered in school.
  • Claim-Free Discount – Drivers who stay claim-free have much lower rates as opposed to drivers who are more careless.

A quick disclaimer, some credits don’t apply to the overall cost of the policy. Some only reduce specific coverage prices like liability, collision or medical payments. So even though you would think you could get a free car insurance policy, it doesn’t quite work that way. Any amount of discount will positively reduce your premiums.

Companies and the discounts they provide are:

  • State Farm offers discounts including accident-free, passive restraint, driver’s education, anti-theft, safe vehicle, Steer Clear safe driver discount, and Drive Safe & Save.
  • Progressive includes discounts for continuous coverage, homeowner, online quote discount, online signing, multi-policy, multi-vehicle, and good student.
  • Travelers may offer discounts for hybrid/electric vehicle, home ownership, new car, driver training, early quote, and continuous insurance.
  • American Family discounts include early bird, good student, bundled insurance, mySafetyValet, TimeAway discount, air bags, and good driver.
  • Liberty Mutual has discounts for exclusive group savings, newly retired, preferred payment discount, new move discount, hybrid vehicle, good student, and new vehicle discount.

If you need lower rates, check with all the companies to give you their best rates. A few discounts may not apply in your state.

Tailor your auto insurance coverage to you

When choosing coverage for your vehicles, there is no one size fits all plan. Everyone’s situation is unique and your policy should reflect that. These are some specific questions may help you determine whether or not you would benefit from professional advice.

  • Are there companies who specialize in insuring high-risk drivers?
  • Am I covered when driving a rental car?
  • What is covered by UM/UIM coverage?
  • What is no-fault insurance?
  • Is upholstery damage covered by car insurance?
  • What is roadside assistance coverage?
  • Am I covered when driving on a suspended license?
  • What can I do if my company denied a claim?
  • How can I get my company to pay me more for my totalled car?
  • Am I covered if I crash into my own garage door?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and you can get the answers you need.

Insurance in the media

Drivers can’t ignore all the ads that claim the cheapest rates from the likes of 21st Century, Allstate and State Farm. They all seem to make the point about saving some big amount just by moving your coverage.

Is it even possible that every company can make almost identical claims?

Most companies quote their cheapest rates for the type of driver that will most likely be profitable. For instance, a preferred risk may need to be between the ages of 30 and 50, has no prior claims, and has great credit. A customer that matches those criteria will get very good car insurance rates and will most likely save when they switch companies.

Consumers who fall outside those criteria will be charged a higher rate which results in business not being written. The trick companies use is to say “drivers who switch” not “everybody who quotes” can get the lowest rates when switching. That’s the way companies can truthfully make those claims.

This emphasizes why you need to get as many free insurance coverage quotes as possible. Because you cannot predict which insurance company will have the best prices.

Auto insurance coverage information

Learning about specific coverages of your policy helps when choosing the best coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and coverage can change by endorsement. Below you’ll find the normal coverages found on most insurance policies.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for immediate expenses for X-ray expenses, surgery, hospital visits and nursing services. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

This coverage provides protection from other motorists 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 Mazda3.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these coverages are similar to your liability insurance amounts.

Comprehensive coverages

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like a broken windshield, damage from getting keyed and a tree branch falling on your vehicle. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision insurance

This coverage will pay to fix damage to your Mazda3 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as hitting a mailbox, driving through your garage door and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Liability auto insurance

Liability coverage protects you from injuries or damage you cause to other people or property in an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims such as medical services, emergency aid, medical expenses and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

You can do this!

When trying to cut insurance costs, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, an insured cut physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. The goal is to purchase plenty of coverage at the best cost.

We’ve covered a lot of ways to lower your 2012 Mazda Mazda3 insurance prices. The key thing to remember is the more quotes you get, the better your comparison will be. You may even find the biggest savings come from a lesser-known regional company. Smaller companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate or State Farm.

Helpful information