2013 Mazda MX-5 Miata Insurance Quotes – 6 Savings Tips

Are you regretting buying an overpriced car insurance policy? It’s a common feeling and many consumers are feeling buyer’s remorse and feel like there’s no way out.

Having so many companies to choose from, it is very difficult to pick a lower cost company.

Buying car insurance is quite easy. Essentially every vehicle owner who is required by state law to have car insurance should be able to find better rates. Although consumers must comprehend the methods companies use to determine prices and take advantage of how the system works.

Find discounts to get cheap insurance coverage quotes

Insurance coverage is not inexpensive, but companies offer discounts that could help you make your next renewal payment. Many of these discounts will be applied automatically at quote time, but some discounts are required to be specifically requested before you get the savings. If you’re not getting every credit possible, you could be paying more than you need to.

  • Theft Deterent Discount – Cars and trucks that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Accident-Free Discounts – Good drivers with no accidents pay much less in comparison with drivers with a long claim history.
  • Switch and Save Discount – A few larger companies allow discounts for renewing your policy early. The savings is around 10%.
  • Payment Discounts – By making one initial payment rather than spreading payments over time you could save 5% or more.
  • Paper-free Discount – A few larger companies will discount your bill up to fifty bucks simply for signing online.
  • Resident Student – Any of your kids who live away from home to go to college and don’t have a car may be able to be covered for less.

Don’t be surprised that most discount credits are not given the the whole policy. Most cut the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, you won’t be that lucky.

To see a list of providers who offer online insurance coverage quotes, click here.

How to get insurance quotes

When comparison shopping, there are several ways to get quotes from insurance companies in your area. The best way to compare rates is to get quotes online. It’s really quite simple and can be done in a couple of different ways.

  1. Without a doubt, the easiest way to get quotes for comparison is an all-inclusive rate comparison click to view form in new window. This style of form keeps you from doing multiple quote forms for each price estimate. In just a few minutes this one form gets coverage cost estimates from multiple low-cost companies.
  2. A different way to obtain and compare quotes online requires visiting each company’s website and repeat the quote process again and again. For example, let’s assume you are doing a rate comparison from Liberty Mutual, Safeco and Allstate. In order to compare rates, you need to go to each individual site and repeatedly enter your information, which is not fast way to get rate quotes.

    To view a list of companies in your area, click here.

  3. The most difficult way to find and compare rates is calling or driving to different agent offices. Buying insurance online has made agencies unnecessary unless you prefer the trained guidance that you can only get from talking to an agent. If you prefer, some companies allow you to get prices online but have a local agent actually write the policy.

However you get your quotes, ensure you’re using exactly the same coverage information on every quote. If you have unequal deductibles or liability limits it’s impossible to determine which company has the best rates. Just a small difference in coverage limits could mean much higher rates. Just keep in mind that obtaining a wide range of quotes will enable you to find a better price.

Tailor your insurance coverage to you

When it comes to buying proper insurance coverage, there is no “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that may help you determine whether or not you would benefit from an agent’s advice.

  • Is my state a no-fault state?
  • If my 2013 Mazda MX-5 Miata is totaled, can I afford another vehicle?
  • Can I rent a car in Mexico?
  • Do I benefit by insuring my home with the same company?
  • How high should deductibles be on a 2013 Mazda MX-5 Miata?
  • Should I drop comprehensive coverage on older vehicles?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Are all vehicle passengers covered by medical payments coverage?
  • How can I find cheaper teen driver insurance?
  • Is a blown tire covered by insurance?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Insurance coverage ads bend the truth

Big name companies like State Farm, GEICO and Progressive endlessly run television and radio advertisements. They all seem to tend to make the same promise that people will save after switching to their company. Is it even possible that every company can offer drivers better rates?

All the different companies require specific criteria for the type of driver that will add to their bottom line. One example of a preferred risk could be married and over the age of 30, has a clear driving record, and has great credit. Any new insured who fits those characteristics receives the best premium rates and most likely will save a lot if they switch.

Drivers who cannot meet this stringent profile will probably have to pay a more expensive rate which usually ends up with the customer not purchasing. If you listen closely, the ads state “customers that switch” but not “all drivers who get quotes” save that kind of money. That’s the way companies can claim big savings. This really emphasizes why it’s extremely important to compare quotes as often as possible. Because you cannot predict which insurance coverage company will have the lowest car insurance rates for your situation.

Auto insurance specifics

Knowing the specifics of a auto insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find the normal coverages found on the average auto insurance policy.

Liability auto insurance

This coverage provides protection from injuries or damage you cause to other’s property or people in an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability can pay for things such as court costs, structural damage, repair bills for other people’s vehicles and bail bonds. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Medical payments and PIP coverage

Med pay and PIP coverage pay for expenses for pain medications, chiropractic care, ambulance fees and X-ray expenses. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Mazda MX-5 Miata.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Comprehensive auto coverage

This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a bird, a broken windshield and rock chips in glass. The highest amount 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 protection

This coverage covers damage to your MX-5 Miata from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as hitting a parking meter, crashing into a ditch and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to get cheaper collision coverage.

Pennies from heaven

We just presented quite a bit of information on how to reduce 2013 Mazda MX-5 Miata insurance prices online. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. You may even find the lowest priced car insurance comes from the least-expected company. Regional companies can often provide lower rates in certain areas than the large multi-state companies such as Progressive or GEICO.

Some companies may not have price quotes online and usually these small, regional companies sell through independent agents. Cheaper 2013 Mazda MX-5 Miata insurance can be bought both online and from local agencies, so compare prices from both to get a complete price analysis.

Additional car insurance information is located at the links below