How Much Does 1997 Mazda MPV Insurance Cost?

Have you had enough of paying out the nose to buy car insurance? You are no different than the majority of other car owners. Companies like State Farm, Geico and Farmers Insurance all promote huge savings with ads and it is difficult to ignore the propoganda and effectively compare rates to find the best deal.

Which Insurance Coverage is Cheapest?

There are a lot of ways to compare insurance coverage quotes, but one way is easier and takes less work. You can spend countless hours talking to insurance companies in your area, or you could use online quoting to get prices fast.

Many insurance companies take part in a program where insurance shoppers only type in their quote data once, and every company then gives them pricing based on that data. This prevents consumers from doing quote forms for each company. To find out what other companies charge for 1997 Mazda MPV insurance click here to start a free quote.

One minor caviat to comparing rates this way is that consumers can’t choose which carriers to get pricing from. If you wish to select from a list of companies to receive pricing from, we have a listing of low cost insurance coverage companies in your area. View list of insurance companies.

It doesn’t matter which method you choose, just be sure to compare identical coverage limits and deductibles with every price quote. If you compare differing limits you can’t possibly determine which rate is truly the best.

Is there truth in advertising?

Consumers constantly see and hear ads that promise big savings by Geico, State Farm and Progressive. All the companies say the same thing about savings if you move to their company.

How do they all make almost identical claims?

All the different companies are able to cherry pick for the type of driver that makes them money. For instance, a driver they prefer might be between 30 and 50, insures multiple vehicles, and has excellent credit. A customer who meets those qualifications will get the preferred rates and most likely will save when switching.

Drivers who don’t meet these standards will be quoted higher prices which usually ends up with the customer not buying. Company advertisements say “people who switch” not “people who quote” save that much. That’s the way companies can truthfully advertise the savings.

This emphasizes why you should get as many comparisons as possible. Because you never know which insurance companies will fit your personal profile best.

What determines your Mazda MPV insurance premium

An important part of buying insurance is that you know some of the elements that help determine the rates you pay for auto insurance. Knowing what impacts premium levels enables informed choices that will entitle you to better auto insurance rates.

The following are some of the factors auto insurance companies consider when setting prices.

  • Do you have enough liability coverage? – The liability section of your policy will protect you if a court rules you are at fault for personal injury or accident damage. It provides legal defense coverage up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Bundling policies can get discounts – Some insurers will give a discount to people who buy several policies from them such as combining an auto and homeowners policy. Discounts can add up to five, ten or even twenty percent. Even though this discount sounds good, it’s still a good idea to comparison shop to ensure the best deal.
  • Keep rates low by being claim-free – Companies provide discounts to insureds who do not file claims often. If you tend to file frequent claims, you can definitely plan on either policy cancellation or increased premiums. Your insurance policy is designed for major claims that would cause financial hardship.
  • Clean credit earns discounts – Your credit rating is a big factor in determining what you pay for auto insurance. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with lower ratings. Therefore, if your credit history can use some improvement, you could be paying less to insure your 1997 Mazda MPV by improving your rating.
  • Don’t buy coverages you don’t need – There are many add-on coverages you can purchase when buying auto insurance. Coverages like rental car reimbursement, better glass coverage and motor club memberships are some examples. They may seem good when talking to your agent, but if you don’t need them get rid of them and save.
  • Having a spouse can save you money – Being married helps lower the price on your policy. Having a spouse usually means you are more mature and it’s proven that married couples file fewer claims.
  • Teen drivers pay high rates – Mature drivers are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel. Youthful drivers tend to be careless and easily distracted in a vehicle therefore auto insurance rates are much higher.
  • Safer cars are cheaper to insure – Cars with high safety ratings are cheaper to insure. Safe vehicles reduce injuries and better occupant protection means lower claim amounts and more competitive rates for policyholders. If your Mazda MPV scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.

Companies offer discounts so take them!

Insurance can be prohibitively expensive, but there are discounts available to help offset the cost. Some discounts apply automatically when you purchase, but a few must be manually applied prior to getting the savings. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Student in College – Kids in college who attend school more than 100 miles from home and do not have a car may qualify for this discount.
  • Government Employees – Active or retired federal employment could cut as much as 10% off on MPV coverage with select insurance companies.
  • Senior Discount – Older drivers may qualify for better insurance rates on MPV coverage.
  • E-sign – Certain companies will discount your bill up to fifty bucks for buying a policy and signing up on their website.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same insurance policy may reduce the rate for each vehicle.

It’s important to note that some credits don’t apply to the entire policy premium. Most only cut specific coverage prices like comprehensive or collision. So even though it sounds like all those discounts means the company will pay you, companies don’t profit that way. Any qualifying discounts will cut the amount you have to pay.

To see a list of companies with discount insurance rates, click this link.

Do I just need basic coverages?

When choosing adequate coverage, there really is no cookie cutter policy. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that could help you determine if your situation would benefit from professional advice.

  • I have good health insurance, so how much medical payments coverage do I need?
  • Why is insurance for a teen driver so high?
  • Does my car insurance cover rental cars?
  • Is business property covered if stolen from my car?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • What is high-risk coverage and where do I buy it?
  • When can I cancel my policy?
  • How much liability coverage do I need in my state?
  • If my pet gets injured in an accident are they covered?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.

Insurance policy specifics

Having a good grasp of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverage types found on the average insurance policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Mazda MPV.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these limits are similar to your liability insurance amounts.

Auto liability

This coverage provides protection from damage that occurs to people or other property by causing an accident. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like medical services, structural damage and funeral expenses. How much liability coverage do you need? That is up to you, but buy as much as you can afford.

Collision insurance

This coverage covers damage to your MPV caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as damaging your car on a curb, backing into a parked car, sideswiping another vehicle and colliding with a tree. This coverage can be expensive, so consider removing coverage from older vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive auto coverage

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

Comprehensive can pay for claims like hail damage, vandalism, hitting a bird and damage from flooding. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like EMT expenses, surgery, chiropractic care, dental work and doctor visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Shop around and save

We just covered many ways to compare 1997 Mazda MPV insurance prices online. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. You may even discover the lowest premiums are with the least-expected company. Regional companies can often insure niche markets at a lower cost than their larger competitors like State Farm, Geico and Nationwide.

Cheap insurance is possible both online and with local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance providers do not offer you the ability to get quotes online and these smaller companies work with independent agents.

When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. There have been many situations where an insured dropped physical damage coverage only to regret that their decision to reduce coverage ended up costing them more. Your focus should be to purchase plenty of coverage at a price you can afford, not the least amount of coverage.

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