Compare 2004 Mazda 3 Car Insurance Rates

Looking for cheaper insurance coverage rates for your Mazda 3? I doubt anyone rejoices having to buy insurance coverage, particularly when they are paying too much.

Online insurance companies like State Farm, Geico and Farmers Insurance all promote huge savings with fancy advertisements and it is challenging if not impossible to see past the geckos and flying pigs and find the best price available.

Save with with these discounts

Companies don’t always advertise every discount in a way that’s easy to find, so we took the time to find both the well known as well as some of the hidden ways to save on insurance.

  • Data Collection Discounts – People who choose to allow companies to study where and when they drive through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate may see discounts as long as the data is positive.
  • Government Employees – Simply working for the federal government could cut as much as 10% off for 3 insurance but check with your company.
  • Multi-line Discount – Some companies give a discounted price on car insurance if you buy a life policy as well.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle up before driving can save 10% or more off the medical payments premium.
  • One Accident Forgiven – This isn’t a discount exactly, but companies like Geico, State Farm, and Progressive will allow you to have one accident before hitting you with a surcharge with the catch being you have to be claim-free for a specific time period.
  • Theft Prevention Discount – Cars, trucks, and SUVs that have factory anti-theft systems are less likely to be stolen and will save you 10% or more.
  • Discount for Low Mileage – Low mileage vehicles may enable drivers to earn discounted insurancerates on garaged vehicles.
  • Lower Rates for Military – Being deployed in the military may qualify for rate reductions.

As a sidenote, most discount credits are not given to the entire cost. Most only cut individual premiums such as liability, collision or medical payments. If you do the math and it seems like you could get a free insurance policy, companies wouldn’t make money that way.

To view providers offering insurance discounts, follow this link.

Get cheap car insurance with these tips

The best way to find cheaper car insurance is to take a look at some of the things that are used to determine the level of your policy premiums. If you know what determines premiums, this enables informed choices that can earn you big savings.

  • Never have car insurance policy lapses – Having a gap between insurance policy dates is a fast way to trigger a rate increase. And not only will insurance be more expensive, being ticketed for driving with no insurance could result in a steep fine or even jail time. You may then have to file a SR-22 with your state department of motor vehicles.
  • Urban areas may pay more – Residing in areas with lower population is a good thing when it comes to car insurance. Lower population corresponds to lower accident rates. Drivers in populated areas regularly have more traffic problems and much longer commute distances. More time behind the wheel translates into higher accident risk.
  • Vehicles with better crash test results cost less to insure – Safer cars get lower rates. Vehicles engineered for safety reduce injuries and any reduction in injury severity means your insurance company pays less and more competitive rates for policyholders.
  • Commute or pleasure use – The higher the mileage driven in a year the higher your rates will be. A lot of companies rate vehicles partially by how you use the vehicle. Autos that are left in the garage can be on a lower rate level than those used for commuting. A policy that improperly rates your 3 can result in significantly higher rates. It’s always a good idea to double check that your car insurance policy correctly shows the correct usage.

Your situation helps dictate your coverage

When it comes to choosing coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Every situation is different and a cookie cutter policy won’t apply. For example, these questions might help in determining if your situation would benefit from an agent’s advice.

  • Where can I find high-risk insurance?
  • What can I do if my company denied a claim?
  • Do I need roadside assistance coverage?
  • Why do I need rental car insurance?
  • Is pleasure use cheaper than using my 2004 Mazda 3 to commute?
  • When should I buy a commercial auto policy?
  • Does my 2004 Mazda 3 qualify for pleasure use?
  • How high should my uninsured/underinsured coverage be in my state?
  • Is there coverage for injuries to my pets?
  • Are split liability limits better than a combined single limit?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Save 15 percent in 15 minutes? Is it for real?

Respected companies like Progressive, Geico, Allstate and State Farm regularly use ads in print and on television. They all seem to make the promise about how much you will save just by moving to them. It sounds good, but how can they all make the same claim?

Most companies offer their best rates for the type of insured that will add to their bottom line. For example, this type of driver may be married and over the age of 30, owns their home, and drives a safe vehicle. Anybody who matches those parameters will qualify for the lowest prices and will also save when switching.

Drivers who don’t qualify for the requirements may be forced to pay higher prices which translates to the prospect going elsewhere. The trick is to say “customers that switch” not “everyone who quotes” can get the lowest rates when switching. This is how companies can truthfully make it sound like they have such great auto insurance rates.

This emphasizes why you should do a quote comparison often. Because without a comparison, you cannot know the company that will have the lowest rates.

Auto insurance specifics

Having a good grasp of your auto insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be impossible to understand and reading a policy is terribly boring. These are the normal coverages found on most auto insurance policies.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Collision coverages – Collision insurance pays for damage to your 3 resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as sideswiping another vehicle, crashing into a building and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Liability coverages – This can cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 which stand for $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Some companies may use one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against things like loss of income, medical services, repair bills for other people’s vehicles, funeral expenses and bail bonds. The amount of liability coverage you purchase is a personal decision, but you should buy as much as you can afford.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as damage from getting keyed, rock chips in glass, falling objects, hitting a deer and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical costs insurance – Med pay and PIP coverage reimburse you for expenses for things like X-ray expenses, doctor visits and dental work. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Power to the consumer

As you shop your coverage around, you should never buy less coverage just to save a little money. There have been many situations where an insured dropped liability limits or collision coverage and discovered at claim time that it was a big error on their part. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

Some insurance coverage companies do not offer rates over the internet and most of the time these small insurance companies work with independent agents. The cheapest 2004 Mazda 3 insurance can be purchased from both online companies in addition to many insurance agents, so compare prices from both to get a complete price analysis.

We just covered many ideas to lower your 2004 Mazda 3 insurance prices. The most important thing to understand is the more you quote insurance, the higher your chance of finding affordable insurance. Consumers may even find the lowest prices are with a small mutual company. They may cover specific market segments cheaper than the large multi-state companies such as Progressive and Geico.

Additional insurance coverage information can be found at the links below