Cheap 1997 Mazda 626 Insurance Rates

Want cheaper insurance rates for your Mazda 626? I can’t think of a single person who likes paying for insurance, particularly when the cost is way too high. Insurance companies such as Geico, 21st Century and Progressive constantly bombard you with fancy advertisements and it can be hard to ignore the promise of big savings and find the best price available.

You should take the time to do rate comparisons on a regular basis due to the fact that insurance rates are usually higher with each renewal. Just because you had the best deal on 626 insurance a couple years back you can probably find a better price now. Starting now, forget all the misinformation about insurance because you’re going to get a crash course in the only way to find better rates and still maintain coverage.

If you have insurance now or are just looking to switch companies, you can learn to get lower rates and still get good coverage. Finding affordable coverage is quite easy. Consumers only need to know the most efficient way to shop their coverage around online.

Factors that can influence Mazda 626 insurance rates

Smart consumers have a good feel for the rating factors that help determine your insurance rates. Understanding what determines base rates helps enable you to make changes that will entitle you to big savings.

The following are a few of the “ingredients” that factor into prices.

  • Increase deductibles and save – Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Mazda. Examples of covered claims could be collision with another vehicle, damage caused by hail, and windstorm damage. Physical damage deductibles are how much you are required to spend out-of-pocket in the event of a claim. The more money you’re willing to pay, the less your company will charge you for insurance on 626 insurance.
  • One company can mean more discounts – Most insurance companies provide better rates to customers who consolidate policies with them. It’s known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even if you’re getting this discount it’s still a good idea to compare other company rates to ensure the best deal.
  • Women pay lower rates – Statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that women are better drivers. Both sexes cause accidents at a similar rate, but the men cause more damage. Men also statistically have more aggressive citations such as DWI and reckless driving. Youthful male drivers are several times more likely to be in an accident and thus pay the highest rates.
  • Little extras can really add up – There are quite a few extra coverages you can purchase if you aren’t careful. Coverages like rental car reimbursement, better glass coverage and term life insurance are some examples. They may seem like a good idea when talking to your agent, but if they’re wasting money get rid of them and save.
  • Too many insurance claims drive up costs – Companies generally give cheaper rates to insureds who do not file claims often. If you frequently file small claims, you can expect higher rates. Your insurance policy is designed for major claims that would cause financial hardship.

These discounts can lower your rates

Companies don’t always advertise all available discounts very clearly, so here is a list both well-publicized as well as the least known discounts you could be receiving. If you’re not getting every credit possible, you are paying more than you should be.

  • Homeowners Pay Less – Owning a house can save you money because maintaining a house shows financial diligence.
  • Paperless Signup – Certain companies give back up to $50 simply for signing on their website.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Organization Discounts – Being a member of a professional or civic organization is a good way to get lower rates when buying auto insurance on 626 insurance.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
  • Senior Discount – Older drivers may qualify for reduced rates on 626 insurance.
  • Defensive Driving Course – Taking part in a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • No Claims – Good drivers with no accidents can save substantially when compared to accident-prone drivers.

It’s important to note that some credits don’t apply to your bottom line cost. A few only apply to individual premiums such as comprehensive or collision. Even though it may seem like having all the discounts means you get insurance for free, you’re out of luck.

For a list of providers with the best auto insurance discounts, click here.

Can you really save $432 a year?

Consumers can’t get away from ads for cheaper car insurance by companies like 21st Century, Allstate and State Farm. All the companies make the same claim that you’ll save big if you change to them.

How can each company make the same claim? This is how they do it.

Insurance companies have a preferred profile for the driver that is profitable for them. For instance, a driver they prefer might be between the ages of 40 and 55, has no driving citations, and has excellent credit. Any new insured that hits that “sweet spot” gets the lowest rates and most likely will save when switching.

Potential insureds who don’t meet the “perfect” profile will be quoted more money which leads to business going elsewhere. Company advertisements say “customers that switch” not “everyone that quotes” save that kind of money. That’s why insurance companies can confidently make the claims of big savings. This emphasizes why drivers should compare as many rates as you can. It’s not possible to predict the company that will give you the biggest savings on Mazda 626 insurance.

Different people need different coverages

When buying adequate coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s situation is a little different and your policy should reflect that. For example, these questions can help discover whether you will benefit from professional help.

  • Am I covered if I drive in a foreign country?
  • When should I buy a commercial auto policy?
  • Is my camper covered by my car insurance policy?
  • Am I covered when pulling a rental trailer?
  • When should I not file a claim?
  • Should I waive the damage coverage when renting a car?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Information about specific coverages

Having a good grasp of your insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. These are typical coverage types found on the average insurance policy.

Comprehensive or Other Than Collision

This covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things like fire damage, hitting a bird, a tree branch falling on your vehicle and hitting a deer. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Auto liability

Liability coverage will cover injuries or damage you cause to other people or property by causing an accident. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims such as repair costs for stationary objects, pain and suffering, medical expenses and structural damage. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Medical costs insurance

Med pay and PIP coverage provide coverage for expenses for chiropractic care, doctor visits, hospital visits, EMT expenses and pain medications. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like sustaining damage from a pot hole, rolling your car, driving through your garage door, hitting a parking meter and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Mazda 626.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Find Good Coverage for Less

As you restructure your insurance plan, it’s not a good idea to buy poor coverage just to save money. There have been many cases where someone sacrificed comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. The aim is to buy the best coverage you can find at a price you can afford while still protecting your assets.

Cheaper 1997 Mazda 626 insurance can be sourced both online and with local insurance agents, and you should compare price quotes from both so you have a total pricing picture. Some insurance providers do not offer online quoting and many times these smaller companies only sell through independent insurance agents.

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