Lower Your 2018 Mazda CX-5 Car Insurance Quotes

Having to pay for expensive insurance can take a big chunk out of your savings account and make it hard to pay other bills. There are many insurance companies to pick from, and although it’s a good thing to have a choice, too many choices makes it more difficult to find the best rates for your vehicles.

The purpose of this post is to introduce you to the most effective way to quote insurance and some money-saving tips. If you are paying for car insurance now, you will most likely be able to cut costs considerably using these tips. Vehicle owners just need to know how to compare company rates online.

Auto insurance quotes comparison

There are several ways you can shop for auto insurance but there is one way that is less labor-intensive and much quicker. You can waste hours talking about coverages with agents in your area, or you could use online quotes to maximize your effort.

Most of the larger companies belong to an insurance system where prospective buyers complete one form, and each participating company then returns a price quote determined by their information. This saves time by eliminating quote forms to each company.

To enter your information into the quoting system, click here (opens in new window).

The one downside to doing it this way is that consumers can’t choose which insurance companies you want to price. If you wish to select from a list of companies to compare rates, we have a page of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

You can choose any of those ways to find more affodable coverage, but be sure to compare identical coverages and limits on every quote. If you have different values for each quote you will not be able to find the best deal for your Mazda CX-5.

Take advantage of every car insurance discount

Some companies don’t necessarily list all available discounts in an easy-to-find place, so below is a list a few of the more common and also the more inconspicuous discounts you could be receiving when you buy insurance coverage online.

  • Memberships – Belonging to certain professional organizations is a simple method to lower premiums on your next car insurance statement.
  • Government Employee Discount – Having worked for a branch of the government can earn a discount up to 10% for CX-5 insurance but check with your company.
  • Low Mileage – Fewer annual miles on your Mazda may allow you to get substantially lower premium rates.
  • Anti-lock Brake Discount – Cars and trucks that have anti-lock braking systems are safer to drive and therefore earn up to a 10% discount.
  • Accident Forgiveness Coverage – This one is not really a discount per se, but a handful of insurance companies permit an accident without the usual rate increase with the catch being you have to be claim-free for a set time period.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in high school.
  • Safe Driver Discounts – Drivers who avoid accidents can get discounts for up to 45% lower rates for CX-5 insurance than less cautious drivers.
  • Buy New and Save – Insuring a vehicle that is new can get you a discount due to better safety requirements for newer vehicles.
  • Claim-Free Discount – Good drivers with no accidents are rewarded with significantly better rates on insurance coverage quote as opposed to policyholders that have many claims.

Keep in mind that most discounts do not apply to your bottom line cost. Some only apply to specific coverage prices like comprehensive or collision. So even though it sounds like having all the discounts means you get insurance for free, that’s just not realistic.

The best car insurance companies and some of their more popular discounts are included below.

  • Farmers Insurance offers discounts including early shopping, alternative fuel, bundle discounts, multi-car, distant student, and pay in full.
  • State Farm may include discounts for accident-free, multiple policy, good student, Steer Clear safe driver discount, and defensive driving training.
  • Liberty Mutual has savings for multi-policy, exclusive group savings, safety features, new move discount, multi-car, and newly married.
  • MetLife policyholders can earn discounts including defensive driver, multi-policy, good student, claim-free, good driver, and accident-free.
  • Progressive offers premium reductions for online quote discount, homeowner, online signing, good student, multi-policy, multi-vehicle, and continuous coverage.

When quoting, ask each company which credits you are entitled to. Depending on the company, some discounts may not apply to policyholders in your area. For a list of insurers with significant discounts, click this link.

How to know if you need help

When choosing adequate coverage, there really is not a perfect coverage plan. Every situation is different so this has to be addressed. For instance, these questions can help discover if you could use an agent’s help.

  • Does liability extend to a camper or trailer?
  • When do I need to add a new car to my policy?
  • Does my policy pay for OEM or aftermarket parts?
  • Where can I get insurance after a DUI in my state?
  • How can I get high-risk coverage after a DUI?
  • How many claims can I have before being cancelled?

If you can’t answer these questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Informed drivers know how to find insurance cheaper

Lots of things are considered when premium rates are determined. Most are fairly basic such as your driving history, although others are less apparent such as your marital status or your financial responsibility.

  • Men pay more for insurance – Statistics show that females take fewer risks when driving. Now that doesn’t mean females are better drivers. Women and men get in auto accidents in similar percentages, but men tend to have higher claims. Men also tend to get more serious tickets such as reckless driving. Male drivers age 16 to 19 have the highest risk to insure so they pay the highest premiums.
  • No policy lapses lowers insurance rates – Driving any period of time without insurance can get your license suspended and you may have a hard time finding new coverage because you let your coverage have a gap. And not only will your rates increase, the inability to provide proof of insurance might get you a revoked license or a big fine. You could then be forced to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Better credit means lower rates – Having a good credit score will be a significant factor in your rate calculation. If your credit can use some improvement, you could save money insuring your 2018 Mazda CX-5 by improving your credit score. People that have very high credit ratings tend to be less risk to insure than those with lower credit ratings.
  • High insurance claims frequency drives up prices – Companies give cheaper rates to people who do not rely on their insurance for small claims. If you are a frequent claim filer, you can look forward to either a policy non-renewal or much higher rates. Auto insurance is designed for larger claims.
  • Your employer may affect premiums – Did you know your career choice can influence rates? Careers like military personnel, executives and emergency personnel have higher rates than average due to stressful work requirements and lengthy work days. On the flip side, careers like actors, engineers and the unemployed receive lower rates for CX-5 insurance.

Smaller companies may have the best rates

Drivers constantly see and hear ads for cheaper auto insurance by companies like 21st Century, Allstate and State Farm. All the ads make the point that drivers will save a bundle after switching your policy.

It sounds good, but how can they all give you a better price? Here is the trick they use.

Many companies have specific criteria for the type of customer that earns them the highest profit. One example of a profitable risk profile might be between 25 and 40, has no prior claims, and drives less than 5,000 miles a year. Any driver that hits that “sweet spot” is entitled to the best price and will most likely save a lot of money.

Consumers who cannot meet the requirements will probably be forced to pay higher rates which leads to business going elsewhere. The wording the ads use say “customers who switch” but not “all drivers who get quotes” can get the lowest rates when switching. This is how insurance companies can make those statements.

This really drives home the point why you really should compare quotes as often as possible. Because without a comparison, you cannot know the company that will have the best premium rates for your profile.

Insurance policy specifics

Knowing the specifics of a insurance policy helps when choosing which coverages you need for your vehicles. Insurance terms can be ambiguous and coverage can change by endorsement. Shown next are typical coverage types found on the average insurance policy.

Liability – Liability coverage protects you from damage or injury you incur to a person or their property. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Another option is a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for claims like medical services, pain and suffering, emergency aid and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Collision coverages – Collision insurance will pay to fix damage to your CX-5 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims like scraping a guard rail, rolling your car and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Comprehensive insurance – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, rock chips in glass and hitting a deer. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for uninsured or underinsured drivers – This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as damage to your 2018 Mazda CX-5.

Since 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. Frequently these coverages are similar to your liability insurance amounts.

Coverage for medical expenses – Coverage for medical payments and/or PIP provide coverage for expenses such as doctor visits, nursing services, pain medications, EMT expenses and funeral costs. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Get your money’s worth

We just showed you many tips how you can reduce 2018 Mazda CX-5 insurance prices online. The key concept to understand is the more times you quote, the better likelihood of getting cheaper insurance coverage. You may be surprised to find that the lowest priced auto insurance comes from an unexpected company. These companies can often provide lower rates in certain areas compared to the large companies like State Farm, GEICO and Nationwide.

When buying insurance coverage, never buy poor coverage just to save money. In many instances, an insured dropped uninsured motorist or liability limits and discovered at claim time that it was a big error on their part. Your objective should be to find the BEST coverage for the lowest cost while still protecting your assets.

To learn more, link through to the resources below: