7 Ways to Pay Less on Mazda CX-7 Insurance

I can’t think of anyone who likes paying for auto insurance, especially knowing their premiums are too high.

Insurance companies such as Allstate, Liberty Mutual and State Farm persitently shower you with TV and radio ads and it can be hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.

It’s important to take a look at other company’s rates yearly since rates are usually higher with each renewal. Even if you got the lowest rates on CX-7 insurance on your last policy you will most likely find a better rate today. Block out anything you think you know about auto insurance because you’re about to learn the proper way to save money, get proper deductibles and limits, all at the lowest rate.

Lots of discounts mean lots of savings

Companies offering auto insurance don’t always publicize all their discounts in an easy-to-find place, so the following is a list of both the well known and also the lesser-known discounts you could be receiving.

Employee of Federal Government – Employees or retirees of the government may qualify you for a discount on CX-7 insurance depending on your company.
Defensive Driving Course – Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
College Student – Youth drivers who attend school more than 100 miles from home and do not have a car can receive lower rates.
Pay Upfront and Save – If you pay your entire premium ahead of time rather than paying monthly you could save up to 5%.
Auto/Life Discount – Some companies give a discount if you purchase a life insurance policy as well.
Military Rewards – Having a deployed family member could be rewarded with lower premiums.
No Claims – Drivers who don’t have accidents pay less when compared with accident-prone drivers.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

How to Compare Auto Insurance Costs

To find the best auto insurance prices, there are several ways of comparing price quotes from different insurance companies. The best way to find the cheapest Mazda CX-7 insurance rates is simply to get online rate quotes. This can be accomplished in just a few minutes using one of these methods.

The fastest way consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This type of form prevents you from having to do separate quotation requests for every auto insurance company. One form gets rate comparisons instantly.
A different way to get quotes online consists of visiting each company’s website to request a price quote. For examples sake, we’ll assume you want to compare rates from Auto-Owners, Allstate and GMAC. You would have to go to every website to input your insurance information, which is why most consumers use the first method.
To view a list of companies in your area, click here.

It’s up to you how you get prices quotes, just ensure you are comparing exactly the same coverage limits and deductibles on every quote. If your comparisons have different deductibles then you won’t be able to make an equal comparison. Having just a slight variation in insurance coverages can mean a large discrepancy in price. And when price shopping your coverage, comparing a large number of companies gives you a better chance of getting a lower rate.

Situations that might require an agent

When it comes to buying adequate coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that can help discover whether you would benefit from an agent’s advice.

Does my policy cover me when driving someone else’s vehicle?
How much liability do I need to cover my assets?
What should my uninsured motorist coverage limits be in my state?
Does coverage extend to a rental car in a foreign country?
Should I put collision coverage on all my vehicles?
Do I qualify for additional discounts?
At what point should I drop full coverage?
Exactly who is provided coverage by my policy?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier car insurance

Learn about auto insurance coverages for a Mazda CX-7

Understanding the coverages of a auto insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by auto insurance companies.

Liability auto insurance

Liability insurance protects you from injuries or damage you cause to people or other property in an accident. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability can pay for claims such as bail bonds, funeral expenses, legal defense fees and loss of income. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as damage from getting keyed, falling objects, theft, hitting a deer and fire damage. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

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 medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important.

Collision coverage

This coverage pays for damage to your CX-7 caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things like colliding with another moving vehicle, crashing into a building, hitting a mailbox and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to increase the deductible to bring the cost down.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for bills like rehabilitation expenses, chiropractic care, hospital visits and funeral costs. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Final considerations

When shopping online for auto insurance, it’s very important that you do not buy lower coverage limits just to save a few bucks. In too many instances, someone dropped full coverage and discovered at claim time that the small savings ended up costing them much more. Your strategy should be to get the best coverage possible at the best price while still protecting your assets.

Budget-conscious Mazda CX-7 insurance can be purchased on the web as well as from independent agents, and you need to price shop both in order to have the best chance of saving money. Some insurance companies don’t offer the ability to get a quote online and most of the time these small insurance companies sell through independent agents.