Best Ways to Cut Costs When Comparing Mazda 626 Insurance

Drivers have options when trying to find the best price on Mazda 626 insurance. You can either waste hours contacting agents getting price quotes or leverage the internet to make rate comparisons.

There is a better way to compare auto insurance rates and you need to know the quickest way to compare rates for a new or used Mazda and get the cheapest rates from local insurance agents and online providers.

You should take the time to take a look at other company’s rates before your policy renews since rates are constantly changing. Just because you found the best deal for 626 insurance six months ago there may be better deals available now. Block out anything you think you know about auto insurance because you’re about to find out how to quote online to save money, get proper deductibles and limits, all at the lowest rate.

Lesser-known factors impacting Mazda 626 insurance rates

An important part of buying insurance is that you know the different types of things that help determine the price you pay for auto insurance. Having a good understanding of what controls the rates you pay helps enable you to make changes that could result in much lower annual insurance costs.

The following are a partial list of the pieces that factor into premiums.

Extra add-on coverages are wasting money – There are quite a few additional coverages that you can buy when buying auto insurance. Coverages for roadside assistance, towing coverage and additional equipment coverage may be wasting your money. They may seem like a good idea when you first buy your policy, but now you might not need them so eliminate them to save money.
What type of vehicle do you drive? – The performance level of the vehicle you drive makes a substantial difference in determining your rates. Because the Mazda 626 falls in the sedan class, insurance will be about the same as compared to the average rate. Lower performance four cylinder passenger models receive the most favorable rates, but other factors influence the final cost greatly.
High credit ratings translate to low rates – Credit score is a large factor in your rate calculation. Drivers who have good credit tend to be better drivers and file fewer claims than drivers who have lower ratings. If your credit score is low, you could be paying less to insure your Mazda 626 by repairing your credit.
Safer cars cost less to insure – Vehicles with good safety scores are cheaper to insure. Safe vehicles result in less severe injuries and lower injury rates translates into savings for insurance companies passed on to you as lower rates. If your Mazda 626 has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
High numbers of claims are not good – If you are a frequent claim filer, you can look forward to either higher rates or even cancellation. Auto insurance companies provide better rates to drivers who do not rely on their insurance for small claims. Car insurance is intended for larger claims.

How to Lower Your Auto Insurance Cost

Getting better Mazda 626 auto insurance pricing doesn’t have to be difficult. Drivers just need to take a couple of minutes comparing rate quotes provided by online insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

The first (and easiest) way consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This easy form keeps you from doing boring form submissions for each company you want a rate for. One form will get you rate comparisons from several companies. It’s definitely the quickest method.
A more time consuming way to compare prices requires a trip to the website for every company you want to comare to request a price quote. For examples sake, we’ll pretend you want to compare Progressive, Esurance and American Family. You would have to take the time to go to each site to enter your coverage information, which is why most consumers use the first method. To view a list of companies in your area, click here.

Whichever method you choose, be sure to compare apples-to-apples quote information for every company. If you enter differing limits it will be very difficult to decipher which rate is best.

Advertising myths

Consumers get pounded daily by advertisements for the lowest price auto insurance by companies like Allstate, GEICO and Progressive. They all make the same claim of big savings if you move to them.

How do they all claim to save you money?

Different companies are able to cherry pick for the type of customer they prefer to insure. A good example of a desirable insured could possibly be a mature driver, has no driving citations, and chooses high deductibles. A propective insured who matches those parameters will get the preferred rates and therefore will save when switching.

Consumers who do not match the requirements must pay higher premiums and ends up with the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “everybody who quotes” save that kind of money. That is how companies can advertise the way they do.

This illustrates why drivers must get as many comparisons as possible. It’s impossible to know the company that will provide you with the cheapest rates.

More discounts equal less premium

Properly insuring your vehicles can get expensive, but there could be available discounts that many people don’t even know exist. Some trigger automatically when you quote, but some may not be applied and must be asked for before they will apply. If you don’t get every credit available, you are paying more than you should be.

Sign Online – A few companies give back up to $50 just for signing your application over the internet.
Student in College – Children who are attending college without a vehicle on campus can receive lower rates.
Drive Safe and Save – Drivers who don’t get into accidents may receive a discount up to 45% less for 626 insurance than drivers with accident claims.
Life Insurance – Select insurance companies reward you with a break if you buy life insurance from them.
Discount for New Cars – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.

It’s important to note that most discounts do not apply to the entire cost. Most only reduce the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears it’s possible to get free car insurance, it just doesn’t work that way. But any discount will help reduce your premiums.

For a list of companies who offer auto insurance discounts, follow this link.

It’s not one size fits all

When choosing adequate coverage, there really is no best way to insure your cars. Your needs are not the same as everyone else’s.

For instance, these questions might help in determining if you might need an agent’s assistance.

Am I covered if I wreck a rental car?
I have good health insurance, so how much medical payments coverage do I need?
Will my vehicle be repaired with OEM or aftermarket parts?
What is high-risk coverage and where do I buy it?
Do I have coverage when pulling a U-Haul trailer?
Do I have coverage when making deliveries for my home business?
Are split liability limits better than a combined single limit?
Do all my vehicles need collision coverage?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Keep this in mind

In this article, we presented many ideas to get a better price on Mazda 626 insurance. It’s most important to understand that the more companies you get rates for, the higher your chance of finding lower rates. Consumers could even find that the lowest premiums are with some of the lesser-known companies.

Cost effective Mazda 626 insurance can be sourced both online and with local insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance providers do not offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

Consumers change insurance companies for a number of reasons such as unfair underwriting practices, an unsatisfactory settlement offer, questionable increases in premium and even high rates after DUI convictions. Regardless of your reason, finding a new company is pretty easy and you might even save some money in the process.