Lower Your 2017 Mazda CX-5 Car Insurance Quotes

When shopping for more affordable insurance, are you frustrated by the number of insurance coverage companies available to you? people have so many options that it can be a lot of work to find lower rates.

You should take the time to get comparison quotes before your next renewal because insurance prices are constantly changing. Just because you had the best deal for CX-5 coverage on your last policy the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about insurance coverage because I’m going to let you in on the secrets to the right way to buy cheaper insurance coverage.

Finding auto insurance

There are several ways to obtain and compare prices from local auto insurance companies. The easiest way to compare Mazda CX-5 insurance prices consists of shopping online. This is quite simple and can be completed in just a few minutes using one of these methods.

The fastest and easiest way to get the best comparison quotes is an all-inclusive rate comparison (click to open form in new window). This easy form eliminates the need for separate forms for every prospective company. A single form will return quotes from several companies. It’s the fastest way to compare.

A slightly less efficient method to find lower rates is spending the time to visit each company website to complete a price quote. For sake of this example, we’ll pretend you need rates from Auto-Owners, Progressive and Farmers. You would be required to go to each individual site and repeatedly type in your coverage information, which is why the first method is more popular. To view a list of companies in your area, click here.

The hardest way to do your price quoting is to spend your day driving to insurance agencies in your area. The internet eliminates the need for an insurance agent unless you require the trained advice of a local agency. Drivers can get prices online and get advice from an agent in your area.

However you get your quotes, make sure you compare apples-to-apples coverage limits and deductibles for every company. If you compare different values for each quote it will be very difficult to determine which company has the best rates. Slightly different limits can mean a large discrepancy in price. It’s important to know that getting more free quotes gives you a better chance of getting lower pricing. Some companies don’t provide online rate quotes, so you also need to get price estimates from them, too.

Double check you’re getting these money-saving discounts

Companies that sell car insurance don’t always advertise every possible discount very well, so the list below contains some of the more common in addition to some of the lesser obvious credits that you can use to lower your rates.

  • Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
  • Pay Now and Pay Less – By making one initial payment rather than paying in monthly installments you could save up to 5%.
  • Federal Government Employee – Having worked for a branch of the government may reduce rates when you quote insurance coverage for CX-5 coverage with select insurance companies.
  • ABS Braking Discount – Vehicles with ABS and/or traction control can reduce accidents so you can save 10 percent or more.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Mazda can earn substantially lower premium rates.
  • Clubs and Organizations – Being in qualifying employment or professional organizations could qualify you for a break on your next insurance coverage statement.

It’s important to note that some credits don’t apply to the entire cost. Most only reduce the price of certain insurance coverages like collision or personal injury protection. So when the math indicates having all the discounts means you get insurance for free, companies don’t profit that way.

Companies and their possible discounts are included below.

  • Geico has savings for five-year accident-free, seat belt use, membership and employees, defensive driver, military active duty, and federal employee.
  • Mercury Insurance discounts include accident-free, location of vehicle, type of vehicle, annual mileage, age of vehicle, anti-theft, and professional/association.
  • Farmers Insurance offers discounts for distant student, youthful driver, early shopping, multi-car, and pay in full.
  • Auto-Owners Insurance may offer discounts for paid in full, air bags, safe vehicle, good student, and group or association.
  • Liberty Mutual has discounts for good student, multi-policy, multi-car, preferred payment discount, newly retired, new move discount, and safety features.
  • SAFECO includes discounts for drive less, multi-car, teen safe driver, teen safety rewards, and safe driver.
  • Progressive policyholders can earn discounts including multi-policy, multi-vehicle, online signing, good student, and homeowner.
  • USAA may include discounts for military installation, defensive driver, family discount, loyalty savings, safe driver, multi-policy, and driver training.

Before you buy a policy, ask all the companies which credits you are entitled to. Discounts may not apply everywhere. To see a list of companies that provide some of the discounts listed above, follow this link.

Seven things that affect your insurance prices

The best way to find cheaper car insurance is to take a look at some of the factors that play a part in calculating car insurance rates. When consumers understand what impacts premium levels, this empowers consumers to make smart changes that will entitle you to lower rates.

  • Is your vehicle theft-ready? – Owning a car with anti-theft technology or alarm system can help lower your rates. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping vehicle theft.
  • Good drivers pay less – Whether or not you get tickets has a big impact on rates. Having a single driving citation can increase rates by as much as twenty percent. Good drivers receive lower rates as compared to those with violations. Drivers who get severe violations such as DUI, reckless driving or excessive speeding may need to submit a SR-22 or proof of financial responsibility with their state in order to keep their license.
  • Insurance claims cost money – Insurance companies generally give cheaper rates to insureds who only file infrequent claims. If you file a lot of claims you can look forward to much higher rates or policy non-renewal. Your car insurance is designed for the large, substantial claims.
  • Fewer miles means better prices – The more you drive in a year’s time the more you’ll pay to insure it. A lot of companies rate vehicles based upon how the vehicle is primarily used. Cars not used for work or commuting receive lower rates than those used for commuting. An incorrectly rated CX-5 may be wasting your money. Verify your car insurance coverage is rated on annual mileage.
  • Combining policies can get discounts – Most companies will give discounts for people who have multiple policies with them, otherwise known as a multi-policy discount. Discounts can be ten or even up to twenty percent in some cases. Even with this discount, drivers will still want to get quotes from other companies to ensure the best deal.There is a chance you can save even more by buying car insurance from a different company.
  • Do you really need roadside assistance? – There are quite a few additional coverages that you can get tricked into buying when buying car insurance. Things like rental car coverage, death and dismemberment, and motor club memberships are examples of these. They may seem good when buying your policy, but now you might not need them so remove them and pocket the money.
  • Save money by raising deductibles – Physical damage deductibles are the amount of money you are willing to pay out-of-pocket if a claim is determined to be covered. Protection for physical damage, also called ‘full coverage’, is used to repair damage to your car. Some coverage claims are a windshield broken by a bird, vandalism, and having a roll-over accident. The more damage repair cost you have to pay, the lower your rates will be for CX-5 coverage.

Do I need special coverages?

When it comes to buying proper insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Everyone’s needs are different.

These are some specific questions may help highlight if you might need an agent’s assistance.

  • What if I don’t agree with a claim settlement offer?
  • Do I pay less for low miles?
  • Is my 2017 Mazda CX-5 covered for flood damage?
  • Should I sign the liability waiver when renting a car?
  • Am I covered if I wreck a rental car?
  • Is a fancy paint job covered?
  • Can I drive in Mexico and have coverage?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form.

Slick advertising tricks that work

Insurance companies such as State Farm, Geico and Progressive constantly bombard you with ads on television and other media. All the ads try to convey promises about how much you will save if you switch your policy. How can each company charge you less for car insurance? Just pay attention to how they say it.

Insurance providers have specific criteria for the type of driver that will be a good risk. A good example of a desirable risk should be over age 30, has no tickets, and drives less than 10,000 miles a year. Any customer who matches those parameters will get the preferred prices and will most likely save a lot of money.

Potential customers who cannot meet this ideal profile may receive a more expensive rate with the end result being the customer not purchasing. The wording the ads use say “people who switch” but not “everyone who gets a quote” save that much when switching. This is how insurance companies can make those statements.

Each company has different criteria, so it’s extremely important to compare rate quotes every year. Because you cannot predict which insurance companies will have the best rates for your profile.

Car insurance 101

Learning about specific coverages of your insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Liability coverages

Liability coverage provides protection from injuries or damage you cause to other people or property that is your fault. It protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things such as attorney fees, medical expenses and structural damage. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Coverage for collisions

Collision insurance pays for damage to your CX-5 resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like backing into a parked car, crashing into a building and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like chiropractic care, dental work, surgery, doctor visits and prosthetic devices. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda CX-5.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Normally the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hitting a bird, vandalism and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

What is YOUR best insurance company?

We’ve covered many ways to shop for 2017 Mazda CX-5 insurance online. The key concept to understand is the more companies you get rates for, the more likely it is that you will get a better rate. Consumers may even find the lowest prices come from a small mutual company.

People who switch companies do it for any number of reasons including an unsatisfactory settlement offer, delays in responding to claim requests, poor customer service and even high rates after DUI convictions. No matter why you want to switch, finding a new company can be easy and end up saving you some money.

Lower-priced 2017 Mazda CX-5 insurance can be sourced online and from local agencies, and you should be comparing both to get a complete price analysis. Some insurance companies do not offer online price quotes and these small, regional companies sell through local independent agencies.

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