How Much Does 2014 Mazda Mazda2 Insurance Cost?

Searching for lower auto insurance rates for your Mazda Mazda2? Have you fallen victim to high-priced auto insurance? Trust us when we tell you there are a lot of people just like you who feel imprisoned by their auto insurance policy.

Insurance companies such as Geico, Progressive and Allstate all claim big savings, bombarding you with fancy advertisements and consumers find it hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

If you currently have a car insurance policy, you should be able to save some money using this information. Choosing the best insurance company for you is not rocket science. But consumers do need to understand how the larger insurance companies price insurance differently because it can help you find the best coverage.

Companies offer discounts so take them!

Properly insuring your vehicles can get expensive, but there are discounts available to reduce the price significantly. Some trigger automatically at the time of quoting, but a few must be inquired about prior to receiving the credit.

  • Safe Drivers – Safe drivers may receive a discount up to 45% less on Mazda2 coverage than less cautious drivers.
  • Passive Restraints – Factory air bags and/or automatic seat belt systems can receive discounts up to 30%.
  • Claim Free – Good drivers with no accidents can earn big discounts when compared to drivers who are more careless.
  • Multiple Vehicles – Insuring multiple vehicles on one policy may reduce the rate for each vehicle.
  • Drivers Ed for Students – Have your child complete a driver education course if it’s offered in school.

A little note about advertised discounts, most discount credits are not given to the entire policy premium. Most only cut specific coverage prices like comp or med pay. So when it seems like all those discounts means the company will pay you, you won’t be that lucky. Any qualifying discounts will bring down your premiums.

Companies that possibly offer these benefits may include but are not limited to:

Double check with each insurance company what discounts are available to you. Discounts may not be available in every state.

Do I just need basic coverages?

When it comes to buying the right insurance coverage, there is no “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. For instance, these questions might point out whether or not you would benefit from an agent’s advice.

  • Am I covered when driving someone else’s vehicle?
  • When would I need rental car insurance?
  • Can I still get insurance after a DUI?
  • Why do I only qualify for high-risk insurance?
  • Am I covered when pulling a rental trailer?
  • Is pleasure use cheaper than using my 2014 Mazda Mazda2 to commute?

If you’re not sure about those questions but a few of them apply, you might consider talking 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.

Drivers who switch save $455 a year? Really?

21st Century, Allstate and State Farm constantly bombard you with ads on TV and radio. All the companies make the same claim of big savings if you switch to their company. How can each company say the same thing? It’s all in the numbers.

All companies have a certain “appetite” for the right customer that earns them a profit. A good example of a driver they prefer could possibly be between 25 and 40, owns a home, and has great credit. A customer getting a price quote who matches those parameters will get very good rates and is almost guaranteed to save when switching.

Drivers who are not a match for this ideal profile will be charged a higher premium and this can result in the driver buying from a lower-cost company. Company advertisements say “customers who switch” not “people who quote” save money. That’s the way companies can truthfully advertise the way they do.

That is why it is so important to compare many company’s rates. You cannot predict which company will have the lowest Mazda Mazda2 insurance rates.

Coverage specifics

Knowing the specifics of your insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. These are typical coverages offered by insurance companies.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Mazda Mazda2.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits are similar to your liability insurance amounts.

Liability insurance – Liability insurance will cover damages or injuries you inflict on a person or their property. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability coverage protects against things such as structural damage, attorney fees, funeral expenses and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.

Collision coverages – Collision coverage covers damage to your Mazda2 from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like hitting a mailbox, crashing into a building, driving through your garage door and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

Medical expense coverage – Med pay and PIP coverage reimburse you for bills like dental work, doctor visits and funeral costs. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover you and your occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as a broken windshield, hail damage, hitting a bird, damage from getting keyed and damage from flooding. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Compare but don’t skimp

The cheapest 2014 Mazda Mazda2 insurance can be sourced online in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. Some companies do not provide online quoting and most of the time these small, regional companies sell through independent agents.

You just read many ways to shop for insurance online. The key thing to remember is the more rate quotes you have, the higher your chance of finding lower rates. You may even find the lowest rates come from a company that doesn’t do a lot of advertising. These companies may have significantly lower rates on certain market segments compared to the large companies like State Farm, Geico and Nationwide.

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