Compare 2012 Mazda Mazda5 Insurance Rates

Having to pay for overpriced Mazda Mazda5 insurance can dry up your savings account and force you to cut corners elsewhere. Comparing rates annually can be a smart way to reduce premiums and put more money in your pocket.

Online insurance companies like State Farm, Allstate, GEICO and Progressive all claim big savings with ad campaigns and it is difficult to ignore the propoganda and take the time to shop coverage around.

If you have insurance now or are shopping for new coverage, you can use these tips to find better prices while maximizing coverage. Finding affordable coverage is quite easy. Vehicle owners only need an understanding of the proper way to get comparison quotes online.

Quote insurance online

There are multiple methods to compare insurance prices but some are easier and takes less work. You can waste a few hours (or days) driving to agents in your area, or you can utilize the internet to achieve your goal.

The majority of car insurance companies participate in a marketplace where prospective buyers send in one quote, and at least one company then gives them pricing for coverage. This system prevents you from having to do repetitive form submissions for every insurance company. To find out how much you can save on insurance click here (opens in new window).

The only downside to using this type of system is you are unable to specify which carriers to get quotes from. If you would rather choose specific insurance companies to receive pricing from, we have a page of low cost insurance companies in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just be certain you are entering equivalent coverage limits and deductibles for each price quote. If your comparisons have differing limits it’s impossible to determine the lowest rate for your Mazda Mazda5.

Lower your car insurance rates with discounts

Car insurance is not inexpensive, but there could be significant discounts to help offset the cost. Some discounts will apply when you get a quote, but some need to be requested specifically before you get the savings.

  • Sign Early and Save – Some insurance companies give discounts for signing up prior to your current policy expiring. This discount can save up to 10%.
  • Online Discount – A handful of larger companies may give you up to $50 for completing your application on their website.
  • Discounts for Multiple Vehicles – Having all your vehicles on a single policy qualifies for this discount.
  • Defensive Driver – Taking part in a course teaching defensive driver skills may get you a small discount and also improve your driving technique.
  • Early Payment Discounts – If you can afford to pay the entire bill as opposed to paying monthly you could save up to 5%.
  • Buy New and Save – Insuring a new car is cheaper because newer vehicles have to meet stringent safety requirements.
  • Discount for Good Grades – A discount for being a good student can be rewarded with saving of up to 25%. You can use this discount normally until age 25.
  • Discount for Life Insurance – Insurance companies who offer life insurance give a lower car insurance rate if you buy life insurance.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts up to 30%.
  • Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS braking systems or traction control can stop better under adverse conditions and therefore earn up to a 10% discount.

As a footnote on discounts, many deductions do not apply to your bottom line cost. Most cut the cost of specific coverages such as liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, it just doesn’t work that way. But all discounts will bring down your overall bill.

Companies and a selection of discounts can be found below.

  • State Farm may have discounts that include accident-free, Steer Clear safe driver discount, Drive Safe & Save, multiple autos, good driver, and multiple policy.
  • Farmers Insurance may offer discounts for early shopping, multi-car, teen driver, youthful driver, and alternative fuel.
  • GEICO offers discounts for defensive driver, anti-theft, seat belt use, multi-policy, and multi-vehicle.
  • American Family offers discounts including good driver, air bags, bundled insurance, defensive driver, multi-vehicle, and TimeAway discount.
  • Nationwide has savings for anti-theft, family plan, Farm Bureau membership, accident-free, defensive driving, and business or organization.
  • Progressive includes discounts for multi-policy, continuous coverage, homeowner, good student, online quote discount, and multi-vehicle.

Before you buy a policy, ask every prospective company to apply every possible discount. Some discounts listed above may not apply to policyholders in your state. If you would like to see a list of insurers that offer the discounts shown above, click here to view.

You are unique and your auto insurance should be too

When buying adequate coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions can aid in determining if you might need an agent’s assistance.

  • Do I have coverage when making deliveries for my home business?
  • Can I afford to pay high deductible claims out of pocket?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Am I covered if I crash into my own garage door?
  • When should my teen driver be added to my policy?
  • Does my personal policy cover me when driving out-of-state?
  • Why am I required to buy liability insurance?
  • What is covered by UM/UIM coverage?
  • Does my car insurance cover rental cars?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverage basics

Knowing the specifics of your insurance policy can help you determine the best coverages for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages found on the average insurance policy.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family and damage to your Mazda Mazda5.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Medical payments coverage and PIP – Med pay and PIP coverage kick in for expenses for things like doctor visits, dental work, chiropractic care, funeral costs and X-ray expenses. 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 both the driver and occupants in addition to any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto liability insurance – Liability coverage can cover damage or injury you incur to other’s property or people by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things such as medical expenses, emergency aid, bail bonds, loss of income and court costs. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a ditch, hitting a parking meter and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Comprehensive coverage – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things like falling objects, hail damage, hitting a deer, a broken windshield and vandalism. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.