2006 Mazda Mazda5 Insurance Rates – 5 Tricks for Cheaper Quotes

Searching for better insurance prices for your Mazda Mazda5 can turn out to be a painful process, but you can use a few tricks to make it easier.

There is a better way to shop for car insurance so we’re going to tell you the absolute fastest way to get price quotes for a new or used Mazda and find the best price possible from local insurance agents and online providers.

It is always a good idea to compare prices yearly because rates tend to go up over time. Even if you think you had the best deal for Mazda5 insurance a couple years back you can probably find a better price now. There is too much inaccurate information about car insurance on the internet, so I’m going to show you the easiest ways to find affordable car insurance.

Pricing affordable auto insurance coverage is not that difficult. If you have insurance now or are just looking to switch companies, you will benefit by learning to find better prices while maintaining coverages. Drivers only need an understanding of the most efficient way to find the lowest price over the internet.

Cut your insurance coverage rates with these five discounts

Insurance can cost an arm and a leg, but there could be available discounts that many people don’t even know exist. A few discounts will automatically apply when you complete an application, but some must be inquired about before they will apply. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.

  • Braking Control Discount – Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.
  • Payment Discounts – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • Multiple Vehicles – Having multiple vehicles on the same insurance coverage policy can get a discount on all vehicles.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and earn discounts up to 10%.

Consumers should know that most discount credits are not given to the entire cost. Most only cut specific coverage prices like physical damage coverage or medical payments. So even though it sounds like all the discounts add up to a free policy, it doesn’t quite work that way. Any qualifying discounts will cut your premiums.

To see a list of insurance companies who offer insurance coverage discounts, follow this link.

Quick Car Insurance Quotes

Cutting your car insurance rates can be quick and easy. All that’s required is to invest a few minutes comparing price quotes online from several insurance companies. This can be accomplished in several different ways.

  1. One of the simplest ways consumers can make multiple comparisons would be an industry-wide quote request form (click to open form in new window). This type of form keeps you from doing separate quotation requests for each company. In just a few minutes this one form will return price quotes from multiple companies. It’s the fastest way to compare.
  2. A different way to find lower rates is to take the time to go to each individual company website and complete a new quote form. For examples sake, we’ll pretend you want to compare rates from Auto-Owners, Liberty Mutual and GMAC. To find out each rate you need to take the time to go to each site to enter your coverage information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.

It doesn’t matter which method you choose, just make absolute certain that you use apples-to-apples coverages and limits with each company. If you compare different limits and deductibles on each one you can’t possibly find the best deal for your Mazda Mazda5.

You are unique and your insurance should be too

When buying the right insurance coverage, there isn’t really a one size fits all plan. Each situation is unique.

For instance, these questions could help you determine whether or not you might need professional guidance.

  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I have newly-aquired coverage?
  • Am I covered when driving someone else’s vehicle?
  • I don’t drive much so do I pay less?
  • Am I covered when delivering products for my home-based business?
  • How do I buy GAP insurance?
  • If my 2006 Mazda Mazda5 is totaled, can I afford another vehicle?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form. It is quick, free and may give you better protection.

What insurance coverages do you need?

Having a good grasp of your policy can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Comprehensive coverage

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

Comprehensive coverage protects against claims such as fire damage, damage from getting keyed, a broken windshield and hitting a bird. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for liability

This can cover damages or injuries you inflict on other’s property or people in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as legal defense fees, emergency aid, repair costs for stationary objects and medical services. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Auto collision coverage

Collision coverage pays for damage to your Mazda5 caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for things like rolling your car, driving through your garage door and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda Mazda5.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like EMT expenses, nursing services, pain medications, chiropractic care and rehabilitation expenses. They are utilized in addition to your health insurance program or if you do not have health coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Be a smart shopper

We just showed you a lot of tips how to lower your 2006 Mazda Mazda5 insurance rates. The key thing to remember is the more times you quote, the better chance you’ll have of finding lower rates. You may even find the biggest savings come from an unexpected company.

Discount insurance is definitely available on the web and with local insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not offer you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

Consumers leave their current company for a variety of reasons including being labeled a high risk driver, policy cancellation, policy non-renewal and even not issuing a premium refund. Regardless of your reason, finding the right insurance coverage provider is easier than you think.

Much more information about insurance coverage is located on the following sites: