View 2013 Mazda Mazdaspeed 3 Insurance Cost

Searching for the cheapest insurance for a new or used Mazda Mazdaspeed 3 can normally be a painful process, but you can learn a few tricks to make it easier. There are both good and bad ways to find insurance online so we’re going to tell you the quickest way to price shop coverage for a new or used Mazda and locate the best price possible either online or from local insurance agents.

It’s a good habit to price shop coverage before your next renewal since insurance rates are adjusted regularly by insurance companies. If you had the best premium rates for Mazdaspeed 3 coverage at your last renewal other companies may now be cheaper. Ignore everything you know about insurance because I’m going to let you in on the secrets to the proper way to eliminate unnecessary coverages and save money.

Insurance coverage discounts are available to cut your rates

Companies that sell car insurance do not list all their discounts very well, so the next list breaks down some of the best known and also the more inconspicuous discounts that you can inquire about if you buy insurance online.

  • Own a Home – Owning your own home or condo may trigger a policy discount on insurance coverage because maintaining a house requires a higher level of personal finance.
  • Telematics Devices – Insureds that choose to allow their insurance coverage company to analyze vehicle usage by using a small device installed in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease as long as the data is positive.
  • Seat Belt Usage – Requiring all passengers to use their safety belts can save up to 15% on the medical payments or PIP coverage costs.
  • Theft Deterent System – Cars with anti-theft systems have a lower chance of being stolen and can earn a small discount on your policy.
  • Multiple Policy Discount – If you insure your home and vehicles and place coverage with the same company they may give you a discount of up to 20% off your total premium.
  • Waiver for an Accident – Not really a discount, but certain companies will turn a blind eye to one accident without raising rates as long as you don’t have any claims for a set time period.

It’s important to understand that most discounts do not apply the the whole policy. Some only reduce the cost of specific coverages such as comp or med pay. Even though it appears you can get free auto insurance, you aren’t that lucky.

Car insurance companies who might offer these benefits are:

Check with all companies you are considering how many discounts you can get. Depending on the company, some discounts might not be offered on policies in your area. If you would like to view companies that offer multiple discounts, follow this link.

Ways to get insurance coverage price quotes

Shopping for lower insurance coverage rates can take time and effort if you don’t understand the fastest way to get free quotes. You can spend countless hours discussing policy coverages with agents in your area, or you can stay home and use the internet to maximize your effort.

The majority of car insurance companies take part in a program that enables customers to enter their policy data once, and each participating company returns a competitive quote based on that information. This eliminates the need for form submissions to every company.

To submit your quote information now, click here to open in new window.

The only downside to pricing coverage this way is you can’t choose which carriers to get quotes from. So if you want to choose specific insurance companies to compare prices, we put together a list of companies who write insurance coverage in your area. Click here for list of insurance companies.

However you get your quotes, ensure you’re using nearly identical deductibles and coverage limits for each quote you get. If each company quotes higher or lower deductibles then you won’t be able to determine which company has the best rates.

What affects Mazda Mazdaspeed 3 insurance premiums?

Consumers need to have an understanding of some of the factors that help calculate your auto insurance rates. When you understand what controls the rates you pay, this allows you to make good choices that could help you find lower premium levels. Many factors are taken into consideration when you quote your car insurance policy. Some are obvious such as your driving history, although others are more obscure such as your credit history or how safe your car is.

The factors shown below are a few of the “ingredients” that factor into your rate level.

  • Marriage can save on auto insurance – Walking down the aisle actually saves money when shopping for auto insurance. Marriage is viewed as being more responsible and insurance companies reward insureds because drivers who are married are more cautious.
  • Prevent your car from being stolen – Purchasing a vehicle with an alarm system can help lower your premiums. Theft deterrent systems like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft and help lower rates.
  • Car insurance liability limits – The liability coverage on your policy will afford coverage if you are found to be at fault for damages caused by your negligence. Liability insurance provides for a legal defense which can be incredibly expensive. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
  • Infrequent drivers can save – The more you drive your Mazda each year the higher the price you pay to insure it. A lot of insurance companies rate vehicles based on their usage. Cars that are left in the garage receive lower rates than cars that get driven a lot. Incorrect rating for your Mazdaspeed 3 can cost quite a bit. Make sure your auto insurance policy is rated on the correct driver usage, because improper ratings can cost you money.
  • Raising comp and collision deductibles lowers costs – The deductibles define the amount you are required to spend in the event of a claim. Physical damage protection, also called comprehensive and collision insurance, covers damage that occurs to your car. Some coverage claims are colliding with a stationary object, damage caused by hail, or theft of your vehicle. The more the insured is willing to pay, the lower your rates will be for Mazdaspeed 3 coverage.
  • Policy add-ons may not be needed – Insurance policies have a lot of additional coverages that can waste your money if you aren’t diligent. Coverages like replacement cost coverage, accidental death, and Farm Bureau memberships are some examples. They may seem like a good idea when buying your policy, but if they’re wasting money consider taking them off your policy.
  • Gender as a rate factor – Statistics have proven females are less aggressive when driving. It does not mean men are WORSE drivers than women. Females and males are responsible for fender benders in similar numbers, but guys cause more damage and cost insurance companies more money. Men also statistically get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly. Young men ages 16 to 20 are most likely to cause an accident and therefore have the most expensive auto insurance rates.
  • Policy claims cost money – Insurance companies generally give most affordable rates to drivers who are claim-free. If you are the type of insured that files lots of claims you can pretty much guarantee much higher rates or policy non-renewal. Insurance coverage is intended for claims that pose a financial burden.

Everyone needs different auto insurance coverages

When it comes to choosing the best auto insurance coverage, there really is not a “best” method to buy coverage. Everyone’s needs are different.

Here are some questions about coverages that can help discover if your situation could use an agent’s help.

  • Can I rate high risk drivers on liability-only vehicles?
  • Am I covered if I drive in a foreign country?
  • Can my teen drive my company car?
  • What is an SR-22 filing?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Am I insured when driving a different vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance advertising gotchas

Drivers can’t get away from ads for the lowest price auto insurance from the likes of Geico, State Farm and Progressive. All the ads try to convey promises about saving some big amount if you move your policy.

How do they all lower your prices? It’s all in the wording.

Companies can use profiling for the right customer that will add to their bottom line. A good example of a profitable customer might have to be between 30 and 50, owns a home, and drives a lower-performance vehicle. Any person who meets those qualifications is entitled to the best price as well as save when switching.

Potential insureds who cannot meet the requirements will have to pay a higher rate which leads to business going elsewhere. The wording the ads use say “drivers that switch” not “all people who quote” save that much when switching. That’s why companies can truthfully make claims like that. Because of this risk profiling, drivers should do a quote comparison often. It is just not possible to predict which company will have the lowest rates for your situation.

Learn about auto insurance coverages for a 2013 Mazda Mazdaspeed 3

Having a good grasp of your policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Coverage for liability

Liability coverage protects you from damages or injuries you inflict on a person or their property by causing an accident. It protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage protects against things like repair bills for other people’s vehicles, structural damage, attorney fees, funeral expenses and legal defense fees. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like hail damage, a broken windshield and vandalism. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your Mazda Mazdaspeed 3.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for ambulance fees, doctor visits, funeral costs, rehabilitation expenses and chiropractic care. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Collision protection

This coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like hitting a parking meter, sideswiping another vehicle and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Knowledge is power

Insureds change insurance companies for many reasons like delays in responding to claim requests, not issuing a premium refund, unfair underwriting practices and even high rates after DUI convictions. Whatever your reason, choosing a new company can be less work than you think.

When shopping online for insurance coverage, do not reduce coverage to reduce premium. Too many times, drivers have reduced uninsured motorist or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. The aim is to buy the best coverage you can find at the best price while not skimping on critical coverages.

We’ve covered many ideas to lower your 2013 Mazda Mazdaspeed 3 insurance prices. The most important thing to understand is the more providers you compare, the better your comparison will be. Drivers may discover the biggest savings come from a small mutual company.

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