2014 Mazda 2 Insurance Quotes – 8 Tips for Best Rates

Trying to find lower insurance coverage rates for your Mazda 2? Feel like you’re a prisoner to high-priced insurance coverage? Believe me when I say many drivers have buyer’s remorse.

People have many car insurance companies to pick from, and although it’s a good thing to be able to choose, more options can take longer to get the best deal.

Consumers should take time to compare premium rates at least once a year because insurance coverage prices tend to go up over time. Just because you found the lowest price for 2 coverage a year ago there may be better deals available now. There is too much inaccurate information about insurance coverage out there, but in just a couple of minutes you can learn some of the best techniques to lower your insurance coverage bill.

Lower-cost auto insurance quotes with discounts

Companies offering auto insurance don’t always advertise all possible discounts very well, so we break down some of the more common and the harder-to-find discounts that may be available. If they aren’t giving you every credit possible, you are paying more than you should be.

  • No Charge for an Accident – Not necessarily a discount, but some insurance companies permit an accident before hitting you with a surcharge if you have no claims for a set time period.
  • Paperwork-free – A handful of insurance companies will give you a small discount just for signing your application on your computer.
  • Full Payment Discount – By paying your policy upfront as opposed to paying monthly you could save 5% or more.
  • Good Driver Discount – Accident-free drivers may receive a discount up to 45% for 2 coverage than their less cautious counterparts.
  • Telematics Devices – Drivers who agree to allow driving data submission to scrutinize driving habits by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they have good driving habits.
  • Lower Rates for Military – Being on active deployment in the military could trigger a small discount.
  • Seat Belts Save – Requiring all passengers to wear their seat belts may be able to save a few bucks off the medical payments premium.
  • Switch and Save Discount – Some larger companies give discounts for switching policies early. You may see this discount when you get insurance quotes online.

Discounts lower rates, but some of the credits will not apply to the entire cost. The majority will only reduce individual premiums such as medical payments or collision. So even though you would think having all the discounts means you get insurance for free, companies don’t profit that way.

The best auto insurance companies and a selection of discounts can be found below.

  • Travelers may offer discounts for hybrid/electric vehicle, driver training, continuous insurance, early quote, and new car.
  • 21st Century has discounts for 55 and older, theft prevention, early bird, good student, automatic seat belts, and anti-lock brakes.
  • State Farm may include discounts for passive restraint, defensive driving training, multiple policy, accident-free, good driver, Steer Clear safe driver discount, and Drive Safe & Save.
  • GEICO has savings for federal employee, daytime running lights, defensive driver, air bags, driver training, and membership and employees.
  • SAFECO policyholders can earn discounts including anti-theft, teen safety rewards, homeowner, accident prevention training, bundle discounts, and anti-lock brakes.
  • AAA offers discounts including good driver, education and occupation, good student, AAA membership discount, and pay-in-full.

When quoting, ask each insurance company the best way to save money. Some credits may not apply to policyholders in your state. To find providers who offer auto insurance discounts, follow this link.

Can you really save $483 a year?

Auto insurance companies such as GEICO, State Farm and Progressive consistently run ads in print and on television. All the ads make an identical promise that drivers can save some big amount if you get a free insurance quote and switch your policy. How can each company give you a better price? This is how they do it.

Most companies require specific criteria for the type of driver that makes them money. A good example of a profitable risk profile may be over the age of 40, has had continuous coverage, and drives a lower-performance vehicle. Any driver that meets those criteria may get the lowest prices and will most likely save when they switch companies.

Potential customers who may not quite match these standards will have to pay higher premiums which leads to the customer not buying. The ad wording is “customers who switch” not “everyone that quotes” save that kind of money. This is how companies can truthfully make those claims.

This really drives home the point why drivers must get as many free insurance quotes as possible. Because you never know which company will have the lowest rates.

Tailor your insurance coverage coverage to you

When choosing the best insurance coverage coverage for your vehicles, there really is not a cookie cutter policy. Every insured’s situation is different so your insurance should reflect that These are some specific questions might point out whether or not you might need professional guidance.

  • Is my dog or cat covered if injured in an accident?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Are there companies who specialize in insuring high-risk drivers?
  • Should I waive the damage coverage when renting a car?
  • How do I buy GAP insurance?
  • Does medical payments coverage apply to all occupants?
  • Do I need PIP (personal injury protection) coverage in my state?

If you can’t answer these questions, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area.

Detailed coverages of your auto insurance policy

Understanding the coverages of auto insurance aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Listed below are the normal coverages found on the average auto insurance policy.

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, theft, damage from a tornado or hurricane and falling objects. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage protection

This coverage pays to fix your vehicle from damage from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for things such as crashing into a building, rolling your car, crashing into a ditch, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Medical expense insurance

Med pay and PIP coverage reimburse you for expenses for ambulance fees, hospital visits, funeral costs and doctor visits. They are used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability auto insurance

This coverage provides protection from injuries or damage you cause to a person or their property. It protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers things such as bail bonds, structural damage, repair bills for other people’s vehicles, pain and suffering and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

More quotes. Lower rates.

While you’re price shopping online, it’s not a good idea to skimp on coverage in order to save money. In too many instances, consumers will sacrifice liability limits or collision coverage only to regret that the few dollars in savings costed them thousands. Your goal is to buy enough coverage for the lowest cost, but don’t skip important coverages to save money.

You just read some good ideas how to lower your 2014 Mazda 2 insurance premium rates. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding cheap insurance. You may be surprised to find that the most savings is with an unexpected company. Smaller companies may only write in your state and offer lower prices compared to the large companies like Progressive and GEICO.

More information can be found below: