Compare 1995 Mazda MX-5 Miata Insurance Quotes

Consumers have many options when looking for the lowest priced Mazda MX-5 Miata insurance. They can either waste time driving around to get rate comparisons or utilize the internet to find the lowest rates.

There is a better way to find insurance coverage online so you’re going to learn the absolute fastest way to price shop coverage for your Mazda and obtain the best price possible from local insurance agents and online providers.

You should make it a habit to price shop coverage yearly because rates are adjusted regularly by insurance companies. Just because you had the best rate for MX-5 Miata coverage at your last renewal other companies may now be cheaper. Ignore everything you know about insurance coverage because you’re about to learn the right way to save money, get proper coverage and the best rates.

Why your insurance rates might be higher

Many factors are considered when you quote your car insurance policy. Some are pretty understandable such as traffic violations, but other criteria are not quite as obvious such as whether you are married or how safe your car is.

The itemized list below are most of the major factors used by your company to calculate premiums.

• Big cities mean more claims – Living in a rural area is a positive aspect if you are looking for the lowest rates. Residents of big cities have traffic congestion and more severe claims. Less people translates into fewer accidents in addition to fewer liability claims.
• Car insurance rates and your job – Careers like lawyers, architects and accountants tend to have higher rates than average due to high stress and long work hours. Conversely, careers like actors, students and retirees get better rates for MX-5 Miata coverage.
• Prevent your car from being stolen – Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping auto theft and help lower rates.
• Get cheaper costs after the wedding – Having a significant other actually saves money when shopping for car insurance. Having a spouse may mean you are more mature than a single person and it’s proven that being married results in fewer claims.

How to find the cheapest insurance

There are a lot of ways you can shop for insurance but there is one way that is easier and takes less work. You could spend your day talking about coverages with insurance companies in your area, or you can stay home and use online quotes to achieve your goal.

Many popular insurance companies participate in an industry program that enables customers to submit their information once, and at least one company then returns a price quote. This saves time by eliminating quote requests to each individual insurance company.

To enter your information into the quoting system, click here to open in new window.

The only drawback to using this type of system is you can’t choose which insurance companies to get pricing from. If you would rather choose specific insurance companies to compare, we have assembled a list of low cost insurance companies in your area. Click here for list of insurance companies.

Whichever method you choose, be certain you are entering exactly the same coverage data for every quote you compare. If your comparisons have different deductibles it will be impossible to find the best deal for your Mazda MX-5 Miata.

Insurance discounts help cut rates

Insurance is easily one of your largest bills, but there could be available discounts that can help lower your rates. Many of these discounts will be applied automatically at the time you complete a quote, but some discounts are required to be asked for prior to getting the savings.

• No Claim Discounts – Drivers with accident-free driving histories are rewarded with significantly better rates on car insurance quote when compared to policyholders that have many claims.
• Safety Restraint Discount – Using a seat belt and requiring all passengers to buckle up before driving could save 15% off the medical payments premium.
• Theft Deterent System – Anti-theft and alarm system equipped vehicles prevent vehicle theft and can earn a small discount on your policy.
• Passenger Safety Discount – Vehicles with factory air bags or motorized seat belts can get savings of up to 25% or more.
• Include Life Insurance and Save – Insurance companies who offer life insurance give a discount if you purchase some life insurance in addition to your auto policy.
• Discounts for Safe Drivers – Drivers who avoid accidents could pay up to 40% less for MX-5 Miata coverage than their less cautious counterparts.

It’s important to understand that most of the big mark downs will not be given to all coverage premiums. Some only reduce individual premiums such as liability, collision or medical payments. If you do the math and it seems like you would end up receiving a 100% discount, you aren’t that lucky. Any amount of discount will definitely lower the premium cost.

Popular insurance companies and some of the discounts can be read below.

• AAA offers discounts including anti-theft, multi-car, education and occupation, multi-policy, pay-in-full, and good driver.
• Progressive may include discounts for online quote discount, online signing, multi-vehicle, good student, homeowner, and multi-policy.
• State Farm may have discounts that include multiple policy, defensive driving training, student away at school, good student, accident-free, and good driver.
• Esurance has savings for claim free, good student, Switch & Save, homeowner, and renters.
• Nationwide may offer discounts for business or organization, defensive driving, Farm Bureau membership, accident-free, and family plan.

It’s a good idea to ask every prospective company the best way to save money. Savings may not be available everywhere. To see insurance companies who offer free insurance quotes, click here to view.

Which is the best auto insurance?

When buying proper insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s situation is a little different.

For example, these questions might help in determining if you will benefit from professional help.

• Will my rates increase for filing one claim?
• How can I find cheaper teen driver insurance?
• Why am I required to get a high-risk car insurance policy?
• Should I drop comprehensive coverage on older vehicles?
• Can my teen driver be rated on a liability-only vehicle?
• Am I covered by my spouse’s policy after a separation?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Does my policy pay for OEM or aftermarket parts?
• Should I waive the damage coverage when renting a car?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance specifics

Knowing the specifics of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. Insurance terms can be confusing and nobody wants to actually read their policy.

Liability car insurance – Liability insurance can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers claims like medical services, emergency aid and pain and suffering. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage pay for expenses for chiropractic care, X-ray expenses, EMT expenses, pain medications and prosthetic devices. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers – This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your Mazda MX-5 Miata.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these limits are identical to your policy’s liability coverage.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as theft, damage from getting keyed, fire damage, damage from a tornado or hurricane and hitting a bird. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision coverages – This pays for damage to your MX-5 Miata from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as colliding with a tree, rolling your car, colliding with another moving vehicle, sideswiping another vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Stretch your dollar

We just showed you a lot of techniques to save on 1995 Mazda MX-5 Miata insurance. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. Drivers may discover the lowest prices come from a smaller regional carrier.

Cost effective 1995 Mazda MX-5 Miata insurance is attainable online as well as from independent agents, and you should compare rates from both in order to have the best chance of saving money. A few companies do not provide the ability to get quotes online and usually these smaller companies provide coverage only through independent insurance agencies.

Insureds switch companies for a variety of reasons including denial of a claim, policy cancellation, policy non-renewal or delays in paying claims. It doesn’t matter what your reason, choosing a new insurance company is less work than it seems.

To read more, take a look at the articles below:

• Get the Right Protection (InsureUonline.org)
• Speed and Speed Limit FAQ (iihs.org)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Older Drivers FAQ (iihs.org)