Have you had enough of robbing Peter to pay Paul to buy car insurance? You are no different than many other consumers. Companies like State Farm and GEICO increase brand awareness with advertising and it is challenging if not impossible to see through the cute green geckos and mayhem and find the best price available.
Auto Insurance Quote Comparison
All major auto insurance companies quote prices online. The process doesn’t take much effort as you simply type in your personal and coverage information into a form. After you complete the form, the system pulls credit information and your driving record and generates a price based on these factors. Online quotes makes comparing rates easy, but the work required to visit multiple sites and type in the same information can be a bit repetitive. But it’s very important to perform this step in order to find the best price on auto insurance.
A more efficient way to find better auto insurance pricing makes use of a single form that gets price quotes from a bunch of companies at once. The form is fast, requires much less work on your part, and makes online shopping much more efficient. After sending your information, your coverage is rated with multiple companies and you can pick any one of the quotes returned.
If the quotes result in lower rates, you can click and sign and purchase the new policy. The entire process just takes a couple of minutes and you will find out if you’re overpaying now.
If you want to compare pricing, click here to open in new window and enter your information. To compare your current rates, we recommend you enter deductibles and limits as close as possible to your current policy. This way, you are getting a rate comparison for similar insurance coverage.
How much can you save with discounts?
Insuring your vehicles can cost a lot, but companies offer discounts to help offset the cost. A few discounts will automatically apply when you quote, but lesser-known reductions have to be specifically requested before you get the savings. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.
- Life Insurance – Companies who offer life insurance give a discount if you purchase auto and life insurance together.
- No Accidents – Drivers with accident-free driving histories pay less compared to bad drivers.
- Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
- Memberships – Participating in a professional or civic organization could qualify you for a break on auto insurance on 2 coverage.
- New Vehicle Savings – Insuring a new car can save up to 30% since new cars are generally safer.
It’s important to note that many deductions do not apply to the entire cost. Most only apply to individual premiums such as comp or med pay. So even though they make it sound like you can get free auto insurance, companies wouldn’t make money that way. But all discounts will bring down your premiums.
For a list of companies with discount auto insurance rates, follow this link.
Why your Mazda 2 might be costing you more
It’s important that you understand the different types of things that come into play when calculating auto insurance rates. Understanding what controls the rates you pay enables informed choices that may reward you with much lower annual insurance costs.
The list below includes a few of the “ingredients” auto insurance companies consider when setting rates.
- Type of vehicle determines base rates – The type of vehicle you own makes a significant difference in the rate you pay. The lowest base rates are generally reserved for economy passenger cars, but the cost you end up paying is determined by many additional factors. Since the Mazda 2 is considered a subcompact, rates will be about the same or even less than the average rate where you live.
- Drive less and save money – The higher the mileage driven in a year’s time the higher your rates will be. Most companies apply a rate determined by how the vehicle is used. Vehicles left parked in the garage receive lower rates than those used for commuting. If your policy improperly rates your 2 can cost quite a bit. Make sure your auto insurance declarations sheet is showing the correct usage for each vehicle, because improper ratings can cost you money.
- Where you live can impact rates – Being located in small towns and rural areas can be a good thing when insuring your vehicles. Drivers who live in large cities tend to have much more traffic and longer commute times. Less people living in that area means reduced accidents as well as less vandalism and auto theft.
- With age comes lower rates – Older drivers are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel. Youthful drivers have a tendency to get distracted easily behind the wheel and because of this, their auto insurance rates are much higher.
A tidy conclusion
When buying insurance coverage, don’t be tempted to buy less coverage just to save a little money. In too many instances, an accident victim reduced uninsured motorist or liability limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible for the lowest price.
Low-cost Mazda 2 insurance can be purchased from both online companies and with local insurance agents, so you should be comparing quotes from both to have the best rate selection. Some auto insurance companies do not offer online quoting and these regional insurance providers work with independent agents.
