2013 Mazda Mazda5 Insurance Rates – 9 Ways to Save

Trying to find cheaper auto insurance rates for your Mazda Mazda5? Beginners to comparing insurance coverage quotes on the internet are likely to discover sourcing the cheapest auto insurance is nearly impossible.

You need to compare premium rates yearly because insurance prices are adjusted regularly by insurance companies. Just because you had the best deal for Mazda5 insurance at your last renewal you can probably find a lower rate today. Ignore everything you know about auto insurance because you’re about to learn the tricks you need to know to save on auto insurance.

If you have car insurance now, you stand a good chance to be able to save some money using these techniques. The purpose of this post is to let you in on the most effective way to quote insurance. Nevertheless, car owners must know the way companies price insurance differently and take advantage of how the system works.

Low cost auto insurance

There are multiple methods to shop for auto insurance, but one way is less labor-intensive and much quicker. You can waste hours discussing policy coverages with agents in your area, or you can stay home and use online quoting to maximize your effort.

Most of the best insurance companies enroll in a system where prospective buyers complete one form, and each participating company returns a competitive quote based on that information. This saves time by eliminating quote requests for every auto insurance company. To find out how much you can save on auto insurance click here (opens in new window).

The single downside to pricing coverage this way is that you can’t choose which companies you want to price. If you would rather choose from a list of companies to receive pricing from, we have assembled a list of companies who write auto insurance in your area. Click here to view list.

Take whichever approach you prefer, but make darn sure you compare apples-to-apples deductibles and coverage limits with every price quote. If your comparisons have different data then you won’t be able to determine which company has the best rates. Just a small difference in insurance coverages or limits may result in a large different in cost. And when price shopping your coverage, making a lot of price comparisons provides better odds of finding the best price. Some companies don’t provide online quotes, so it’s important to compare prices from those companies as well.

Your situation helps dictate your coverage

When choosing adequate coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

For instance, these questions might help in determining whether you could use an agent’s help.

  • What is the rate difference between pleasure use and commuting?
  • Does my insurance cover my expensive audio equipment?
  • When should my teen driver be added to my policy?
  • Is my state a no-fault state?
  • Does my 2013 Mazda Mazda5 need full coverage?
  • Do I have coverage for damage caused while driving under the influence?
  • How much underlying liability do I need for an umbrella policy?
  • Does having multiple vehicles earn me a discount?
  • Should I have combined single limit or split liability limits?
  • Is my business laptop covered if it gets stolen from my vehicle?

If you can’t answer these questions, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form.

Educate yourself about insurance coverages

Having a good grasp of your policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Comprehensive or Other Than Collision – This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, a broken windshield, theft, damage from getting keyed and hitting a deer. The maximum payout a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like pain medications, X-ray expenses, funeral costs and rehabilitation expenses. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. They cover you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability car insurance – Liability insurance can cover damages or injuries you inflict on other people or property that is your fault. It protects you from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for things like emergency aid, structural damage, bail bonds and legal defense fees. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

UM/UIM Coverage – This protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your 2013 Mazda Mazda5.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Collision coverage – This coverage will pay to fix damage to your Mazda5 caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as sideswiping another vehicle, colliding with a tree and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to bump up the deductible to get cheaper collision coverage.