2014 Mazda CX-5 Insurance Quotes – 7 Tips for Best Rates

Feel like you’re a prisoner to an underperforming, overpriced car insurance policy? Don’t sweat it because many consumers feel financially strained by their car insurance policy. You have so many insurance companies to buy insurance from, and although it’s a good thing to have a choice, having more insurance companies makes it harder to find the best rates for your vehicles.

It’s a good idea to compare prices once or twice a year since rates change regularly. Even if you think you had the lowest premium rates on CX-5 coverage a few years ago you can probably find a better price now. Block out anything you think you know about car insurance because you’re about to find out the things you must know in order to properly buy coverages while reducing your premium.

How to compare free auto insurance rate quotes

Many insurance companies such as Progressive, Allstate and GEICO allow consumers to get prices from their websites. Getting quotes can be done by anyone as you just enter the coverage amounts you desire as detailed in the form. After you submit the form their system makes automated requests for reports for credit and driving violations and generates pricing information based on these and other factors. Online price quotes makes it a lot easier to compare rates but the work required to visit several different sites and type in the same information is monotonous and tiresome. But it’s also necessary to do this if you want to get better auto insurance pricing.

A quicker way to get multiple rate quotes uses one simple form to get prices from several different companies. This type of form saves time, helps eliminate reptitive entry, and makes online shopping much easier to do. Once the form is submitted, it is quoted and you can choose any or none of the quote results. If the quotes result in lower rates, you simply finish the application and buy the new coverage. This process only takes a few minutes and can result in significant savings.

To use this form to compare rates, simply click here to open in new window and submit your coverage information. If you have your current policy handy, we recommend you type in the limits and deductibles as close as possible to your current policy. This makes sure you will have a rate comparison for similar insurance coverage.

Are you falling for claims of savings?

Consumers constantly see and hear ads that claim the lowest premium rates from companies such as Progressive, Allstate and GEICO. All the ads seem to make the promise that you can save after switching your insurance coverage policy to them.

How does each company cost less than your current company? This is how they do it.

All the different companies have a preferred profile for the type of customer that will add to their bottom line. For example, a preferred risk might have to be over the age of 40, has no prior claims, and drives a car with an anti-theft system. Any customer that hits that “sweet spot” gets the lowest premium rates and have a good chance to save money with a new company.

Potential insureds who cannot meet these standards will see a higher premium which usually ends up with the prospect going elsewhere. The trick is to say “drivers that switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s the way companies can truthfully make those statements. This really drives home the point why you really should get price quotes at each policy renewal. You cannot predict which insurance companies will have the best rates at this point in time.

Take advantage of every insurance discount

Some providers don’t necessarily list every policy discount very well, so the list below contains both well-publicized in addition to some of the lesser obvious savings tricks you should be using when you buy auto insurance online. If you are not receiving all the discounts you deserve, you are just wasting money.

  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles can stop better under adverse conditions so companies give up to a 10% discount.
  • Early Signing – A few insurance companies give discounts for signing up prior to the expiration date on your current policy. It could save around 10% when you buy auto insurance online.
  • Resident Student – Any of your kids who are enrolled in a college that is more than 100 miles from home and do not have access to a covered vehicle could qualify for this discount.
  • Anti-theft Discount – Anti-theft and alarm system equipped vehicles are stolen with less frequency and qualify for as much as a 10% discount.
  • Paper-free Discount – A few larger online companies provide a small discount simply for signing on your computer.
  • Membership in Organizations – Joining specific professional or occupational memberships or organizations can get you a small discount when shopping for insurance.
  • Bundle and Save – If you can bundle your home and auto insurance with the same insurance company you could get a discount of approximately 10% to 15%.

Please keep in mind that some of the credits will not apply to the entire cost. Some only reduce individual premiums such as physical damage coverage or medical payments. Even though it may seem like you can get free auto insurance, nobody gets a free ride.

Some of the larger companies that may offer quotes with most of these discounts include:

Check with every company how many discounts you can get. A few discounts may not apply to policyholders everywhere. To see a list of insurance companies offering insurance discounts, click here.

How to know if you need help

When choosing the right insurance coverage, there isn’t really a “perfect” insurance plan. Every situation is different and your policy should reflect that. Here are some questions about coverages that might help in determining whether your personal situation would benefit from professional advice.

  • What should my uninsured motorist coverage limits be in my state?
  • Does liability extend to a camper or trailer?
  • Does insurance cover damages from a DUI accident?
  • Does my policy cover my teen driver if they drive my company car?
  • Can I afford to buy a different vehicle if my 2014 Mazda CX-5 is totaled?
  • Which companies will insure high-risk drivers?
  • How much can I save by bundling my policies?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Insurance coverage breakdown

Having a good grasp of insurance aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find the normal coverages found on the average insurance policy.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for bills such as hospital visits, prosthetic devices, ambulance fees, X-ray expenses and chiropractic care. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive auto coverage

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as damage from flooding, hitting a bird, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Mazda CX-5.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Collision coverage protection

This will pay to fix damage to your CX-5 from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as hitting a mailbox, damaging your car on a curb, backing into a parked car, scraping a guard rail and hitting a parking meter. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Liability car insurance

This provides protection from damage or injury you incur to people or other property. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, 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 insurance covers things such as funeral expenses, repair costs for stationary objects, bail bonds, medical expenses and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Take this to the bank

We just covered a lot of ways to lower your 2014 Mazda CX-5 insurance prices. It’s most important to understand that the more providers you compare, the better your comparison will be. Consumers may even find the lowest prices come from a company that doesn’t do a lot of advertising. These smaller insurers may only write in your state and offer lower rates than the large multi-state companies such as Progressive and GEICO.

Lower-priced insurance can be purchased both online in addition to many insurance agents, and you should compare rates from both to have the best selection. Some insurance companies may not have price quotes online and these regional carriers provide coverage only through independent agents.

Even more information can be found at these sites: