Nobody likes paying for car insurance, in particular when they are paying too much.
With so many options when it comes to car insurance, it’s difficult to pick the most cost effective company.
You should make it a habit to check car insurance prices once or twice a year because prices are variable and change quite frequently. Despite the fact that you may have had the lowest rates for CX-7 insurance a year ago other companies may now be cheaper. So block out anything you think you know about car insurance because you’re going to learn how to use online quotes to lower your annual insurance bill.
Factors that can influence insurance rates for a Mazda CX-7
An important part of buying insurance is that you know some of the elements that come into play when calculating the price you pay for car insurance. When you know what positively or negatively influences your rates helps enable you to make changes that could result in better car insurance rates.
- Liability coverage protects you – Liability coverage is the protection in the event that you are found liable for causing damage or personal injury in an accident. Liability insurance provides legal defense starting from day one. Liability is cheap when compared with rates for comp and collision, so buy as much as you can afford.
- Pleasure use saves money – Driving more miles each year the more you’ll pay to insure your vehicle. Most companies price each vehicle’s coverage based on their usage. Autos left parked in the garage receive lower rates as compared to vehicles used primarily for driving to work. Make sure your car insurance coverage shows the proper vehicle usage, because improper ratings can cost you money. Incorrect usage on your CX-7 may be wasting your money.
- Multi-policy discounts can save money – Most companies will give a discount to people who carry more than one policy such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s still a good idea to shop around to ensure the best deal. You may still be able to find a better deal by insuring with multiple companies.
- Performance makes a difference – The make and model of the car you are buying insurance for makes a big difference in your rates. Since the Mazda CX-7 falls in the crossover class, insuring your vehicle will cost slightly more than the average rate where you live. Economy passenger cars receive the most favorable rates, but the cost you end up paying is determined by many additional factors.
- Theft deterrents lower rates – Driving a car with an alarm system can save you a little every year. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your car from being stolen.
- Adjust deductibles and save – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, protects your Mazda from damage. Examples of covered claims could be collision with another vehicle, damage caused by hail, and windstorm damage. Deductibles for physical damage are the amount of money you are required to spend before your car insurance pays a claim. The more expense you’re willing to pay, the less your company will charge you for insurance for CX-7 insurance.
Finding Car Insurance Deals
All the larger car insurance companies like GEICO, State Farm and Progressive allow you to get prices directly from their websites. Obtaining pricing is quite easy as you just type in the amount of coverage you want into the quote form. Behind the scenes, the company’s rating system collects your driving and credit reports and gives you a price quote based on these factors. Being able to quote online streamlines rate comparisons, but the work required to visit several different sites and enter the same data into a form can be a bit repetitive. Unfortunately, it is important to have as many quotes as possible if you want to find the best price possible.
Isn’t there an easier way to compare rates?
A quicker way to get multiple rate quotes is to use a quote form to obtain quotes from several different companies. It saves time, reduces the work, and makes quoting online much more enjoyable. Immediately after submitting the form, your coverage is rated and you can select your choice of the resulting price quotes.
If a lower price is quoted, you can simply submit the application and buy the new coverage. The whole process takes just a few minutes to complete and could lower your rates considerably.
To quickly find out how much you can save on car insurance, simply click here to open in new window and begin entering your coverage information. If you have a policy now, it’s recommended you complete the form with the coverages identical to your current policy. This guarantees you will get rate quotes for similar insurance coverage.
Don’t be fooled by advertising claims
Companies like GEICO, State Farm and Progressive regularly use ads on TV and radio. All the ads make an identical promise about savings if you move to their company. How do they all make the same claim? It’s all in the numbers.
All the different companies have a preferred profile for the type of customer that makes them money. A good example of a profitable customer could possibly be between 30 and 50, has no driving citations, and has great credit. Any new insured that hits that “sweet spot” will qualify for the lowest rates and most likely will save when they switch companies.
Potential insureds who don’t meet this ideal profile must pay higher prices which usually ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” not “people who quote” save that kind of money. That’s why insurance companies can advertise the savings.
This illustrates why you need to compare as many rates as you can. You cannot predict the company that will fit your personal profile best.
Discounts are available to cut your rates
Insuring your vehicles can cost a lot, but you can get discounts that can drop the cost substantially. A few discounts will automatically apply at the time you complete a quote, but some must be manually applied prior to receiving the credit.
- Driver Safety – Taking a course in driver safety can save you 5% or more depending on where you live.
- Military Rewards – Being deployed with a military unit may qualify for rate reductions.
- Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and will save you 10% or more.
- Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education in high school.
- One Accident Forgiven – Certain companies will forgive one accident before hitting you with a surcharge if you are claim-free for a particular time prior to the accident.
- Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
- Early Signing – Some insurance companies reward drivers for switching policies before your current expiration date. This can save 10% or more.
- Use Seat Belts – Drivers who require all occupants to wear their seat belts can save up to 15% off your PIP or medical payments premium.
Keep in mind that most discount credits are not given to the overall cost of the policy. A few only apply to individual premiums such as physical damage coverage or medical payments. Just because you may think you could get a free car insurance policy, companies don’t profit that way. But any discount will reduce the amount you have to pay.
A tidy conclusion
Low-cost Mazda CX-7 insurance is available on the web in addition to many insurance agents, so you should compare both to have the best rate selection. A few companies do not provide online price quotes and these small, regional companies work with independent agents.
In this article, we presented a lot of techniques to reduce Mazda CX-7 insurance prices online. It’s most important to understand that the more you quote, the higher your chance of finding lower rates. You may even find the biggest savings come from some of the lesser-known companies. They often have lower prices on specific markets than the large multi-state companies such as GEICO and State Farm.
