Paying for high-priced Mazda RX-8 insurance can sap your savings and put the squeeze on your family’s finances. Numerous insurers battle to insure your vehicles, and it can be difficult to compare rates and get the best coverage at the lowest rate possible.
If you currently have a car insurance policy, you will most likely be able to save some money using these tips. Finding affordable coverage is easy if you know what you’re doing. Nevertheless, drivers benefit from understanding how insurance companies market insurance on the web.
All the larger auto insurance companies like GEICO, State Farm and Progressive give insurance quotes on the web. Getting quotes is pretty painless as you simply type in the amount of coverage you want as requested by the quote form. After the form is submitted, their system gets credit information and your driving record and provides a quote determined by many factors. Online price quotes makes comparing rates easy, but the time it takes to visit many different websites and type in your information gets old quite quickly. Unfortunately, it is important to have as many quotes as possible if you are searching for a better rate.
The smarter way to get multiple rate quotes requires only one form to return rates from a lot of companies. It saves time, requires much less work on your part, and makes price shopping online much more enjoyable. As soon as the form is sent, your coverage is rated with multiple companies and you can pick any or none of the returned quotes. If one or more price quotes are lower than your current rates, you can click and sign and purchase the new policy. The entire process can be completed in a matter of minutes and can result in significant savings.
To fill out one form to compare multiple rates now, click here to open in a new tab and submit the form. If you have coverage now, it’s recommended you type in the coverage information exactly as they are listed on your policy. This ensures you will have rate comparison quotes using the same coverage and limits.
Be skeptical of auto insurance ads
GEICO, State Farm and Progressive endlessly run ads on television and other media. They all try to convey promises of big savings just by switching to their company. How do they all claim to save you money? It’s all in the wording.
Most companies require specific criteria for the driver that is profitable for them. An example of a desirable insured might be married and over the age of 30, is a homeowner, and does not commute to work. Any customer who fits those characteristics is entitled to the best price and is almost guaranteed to save when they switch companies.
Potential customers who do not fit this stringent profile may be forced to pay higher prices with the end result being the prospect going elsewhere. The ad wording is “customers who switch” not “everyone who quotes” save that much when switching. That’s the way companies can make it sound like they have such great car insurance rates. Because every company is different, you absolutely need to compare price quotes frequently. It’s not possible to predict which company will fit you best based on your risk profile.
Get More Affordable Auto Insurance with These Tips
Many different elements are used in the calculation when quoting car insurance. Most are fairly basic such as your driving record, but some are more obscure such as your marital status or how safe your car is.
- Premiums drop with age – Older insureds are more responsible, cost insurance companies less in claims , and are generally more financially stable.Young drivers have been known to be easily distracted when driving with friends so they pay higher auto insurance rates.
- More traffic means higher claims – Choosing to live in small towns and rural areas has it’s advantages when buying auto insurance. Fewer drivers and short commutes corresponds to lower accident rates in addition to lower liability claims People in densly populated areas have more traffic problems and higher rates of accident claims. More time commuting translates into higher accident risk.
- Do you really need to file that policy claims? – If you are a frequent claim filer, you can pretty much guarantee increased rates or even have your policy non-renewed. Car insurance companies give better rates to people who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of more catestrophic claims.
- How much liability insurance – A critical coverage on your policy, liability insurance will protect you when a court rules you are at fault for personal injury or accident damage. It provides legal defense coverage which can be incredibly expensive. This coverage is very inexpensive compared to other policy coverages, so drivers should carry high limits.
Lower rate quotes with these discounts
Some insurance providers don’t list every available discount in a way that’s easy to find, so below is a list a few of the more common in addition to some of the lesser obvious savings tricks you should be using when you .
- Discounts for Cautious Drivers – Safe drivers could pay up to 40% less on RX-8 coverage as compared to drivers with claims.
- Discount for Home Ownership – Just being a homeowner can get you a discount because of the fact that having a home requires a higher level of personal finance.
- Accident Forgiveness Coverage – Not a discount per se, but some insurance companies will forgive one accident before they charge you more for coverage if you have no claims prior to being involved in the accident.
- Senior Citizen Rates – If you qualify as a senior citizen, you may be able to get a small decrease in premiums on RX-8 coverage.
- Passive Restraints and Air Bags – Factory options such as air bags or motorized seat belts can get savings of 25 to 30%.
- Drivers Ed for Students – Teen drivers should successfully complete driver’s ed class if offered at their school.
- Accident Free – Drivers who don’t have accidents have much lower rates when compared with drivers who are more careless.
- Early Renewal Discounts – A few auto insurance companies allow discounts for buying a policy early. You may see this discount when you get .
- Low Mileage – Fewer annual miles on your Mazda could earn discounted premium rates on garaged vehicles.
- Driving Data Discount – Drivers who elect to allow driving data collection to track where and when they drive by using a telematics device in their vehicle like In-Drive from State Farm and Progressive’s Snapshot might see lower rates as long as the data is positive.
Consumers should know that most of the big mark downs will not be given the the whole policy. Some only apply to specific coverage prices like liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, companies don’t profit that way. But all discounts will help lower your premiums.
To choose providers that provide some of the discounts listed above, click here.
Local agents and auto insurance
Some people just want to get advice from a local agent and that is recommended in a lot of cases An additional benefit of comparing rates online is the fact that you can find cheaper rates and still choose a local agent.
For easy comparison, once you complete this short form, your insurance coverage information is transmitted to insurance agents who want to provide quotes for your insurance coverage. You don’t have to contact any agents because prices are sent to you directly. You can get cheaper auto insurance rates AND an agent nearby. In the event you want to quote rates from a particular provider, you can always go to their quote page to submit a rate quote request.
Finding a good insurer should include more criteria than just a cheap price. Any agent should have no problem answering these questions:
- Are they able to influence company decisions when a claim is filed?
- Do they reduce claim amounts on high mileage vehicles?
- Do they make recommendations based only on price?
- How experiences are they in personal risk management?
- If your car is totalled, how to they determine the replacement cost?
To easily contact a specific insurance agent in your state, see this full listing of auto insurance agencies.
And the best auto insurance company is…
When trying to cut insurance costs, it’s not a good idea to reduce coverage to reduce premium. In too many instances, an insured dropped collision coverage only to regret they didn’t have enough coverage. The goal is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.
Cheaper auto insurance can be found online in addition to many insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance providers don’t offer the ability to get quotes online and most of the time these small insurance companies sell through local independent agents.
In this article, we covered a lot of techniques to lower your Mazda RX-8 insurance premium rates. The most important thing to understand is the more providers you compare, the higher the chance of saving money. You may be surprised to find that the best price on auto insurance is with the least-expected company. They may cover specific market segments cheaper compared to the large companies like GEICO and State Farm.
