2010 Mazda CX-7 Insurance Quotes – 8 Policy Discounts

Have you fallen victim to an overpriced auto insurance policy? Believe me when I say many consumers feel financially strained by their auto insurance policy.

Multiple insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates and get the best coverage at the best rates possible.

The easiest way to compare rate quotes takes advantage of the fact almost all companies actually pay money for the chance to compare their rates. All consumers are required to do is take a few minutes to give details like the make and model of your vehicles, if it has an alarm system, how much you drive, and whether or not you need a SR-22. Your insurance information gets sent immediately to multiple top-rated companies and you will get price comparisons very quickly.

Are you getting all your discounts?

Car insurance is not cheap, but companies offer discounts to help offset the cost. Some trigger automatically at the time you complete a quote, but a few need to be manually applied prior to receiving the credit.

  • Fewer Miles Equal More Savings – Keeping the miles down on your Mazda can earn a substantially lower rate.
  • Homeowners Pay Less – Owning a house may earn you a small savings because of the fact that having a home shows financial diligence.
  • Safety Course Discount – Successfully completing a driver safety course can save you 5% or more if you qualify.
  • Anti-theft Discount – Anti-theft and alarm systems help deter theft and therefore earn up to a 10% discount.
  • Discounts for Safe Drivers – Drivers who avoid accidents may save up to 50% more for CX-7 insurance than less cautious drivers.
  • Paperless Signup – Some insurance companies give back up to $50 just for signing your application digitally online.
  • Multi-car Discount – Having more than one vehicle with the same company could earn a price break for each car.
  • Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.

Consumers should know that most discount credits are not given to all coverage premiums. Some only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like all the discounts add up to a free policy, it just doesn’t work that way. Any amount of discount will bring down your overall premium however.

A partial list of companies that may offer these benefits are:

Before buying, ask each company which discounts you may be entitled to. Some discounts might not be offered everywhere.

Tailor your coverage to you

When it comes to choosing adequate coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that may help highlight whether you may require specific advice.

  • Why am I required to buy liability insurance?
  • What is covered by UM/UIM coverage?
  • If my 2010 Mazda CX-7 is totaled, can I afford another vehicle?
  • What is no-fault insurance?
  • Does my insurance cover a custom paint job?
  • Is motorclub coverage worth it?
  • How high should my uninsured/underinsured coverage be in my state?
  • Is my teen driver covered when they drive my company car?
  • Is my trailer covered?
  • Am I covered if I drive in a foreign country?

If you can’t answer these 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, take a second and complete this form or you can go here for a list of companies in your area.

What insurance coverages do you need?

Knowing the specifics of a insurance policy can help you determine the best coverages for your vehicles. Insurance terms can be impossible to understand and coverage can change by endorsement. Shown next are typical coverages available from insurance companies.

Collision – Collision insurance covers damage to your CX-7 from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as damaging your car on a curb, crashing into a building and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also raise the deductible to save money on collision insurance.

Liability car insurance – This coverage provides protection from injuries or damage you cause to other people or property. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as attorney fees, legal defense fees and funeral expenses. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Comprehensive auto coverage – This coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from flooding, hitting a bird, damage from getting keyed, theft and hitting a deer. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP kick in for immediate expenses for EMT expenses, rehabilitation expenses and pain medications. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these limits are identical to your policy’s liability coverage.