2007 Mazda Mazdaspeed3 Car Insurance Rates – 7 Ideas for Cheapest Quotes

Nobody that owns a car looks forward to paying for auto insurance, especially knowing the prices are way too high.

Due to the large number of choices, it can be diffult for people to choose the lowest cost insurer.

Consumers should take time to quote other rates on a regular basis because auto insurance prices are constantly changing. Just because you had the lowest price for Mazdaspeed3 coverage two years ago you can probably find a lower rate today. Forget anything you know (or think you know) about auto insurance because you’re about to learn the proper way to save on auto insurance.

How much does car insurance cost?

There are a lot of ways to shop for car insurance, but some are easier and takes less work. You can waste a lot of time talking about coverages with insurance companies in your area, or you can stay home and use the internet to quickly compare rates.

Many companies take part in a program where insurance shoppers send in one quote, and at least one company then gives them pricing for coverage. This eliminates the need for repetitive form submissions to each individual car insurance company. To compare rates now click here to start a free quote.

The only drawback to using this type of system is you are unable to specify which insurance companies you will receive quotes from. So if you prefer to choose specific providers to compare, we have assembled a list of the cheapest car insurance companies in your area. Click here for list of insurance companies.

Whichever way you choose to compare rates, try to use the same coverages and limits for each quote you get. If you use mixed coverages then you won’t be able to determine the best price for your Mazda Mazdaspeed3. Even a minor difference in coverages could throw off the whole comparison. And when comparing car insurance rates, know that comparing more quotes will increase your chances of finding better pricing. Not every company provides prices over the internet, so you also need to get quotes from those companies as well.

What insurance coverages do I need?

When it comes to buying proper insurance coverage for your personal vehicles, there is no cookie cutter policy. Everyone’s needs are different so this has to be addressed. For example, these questions can help discover whether or not you could use an agent’s help.

  • What exactly is covered by my policy?
  • How do I buy GAP insurance?
  • Is my cargo covered for damage or theft?
  • Where can I get insurance after a DUI in my state?
  • Does coverage extend to my business vehicle?
  • Do I have coverage if my license is suspended?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Parts of your insurance policy

Understanding the coverages of a insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverages offered by insurance companies.

Liability coverage

Liability insurance can cover damages or injuries you inflict on other people or property. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as repair costs for stationary objects, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is up to you, but consider buying as large an amount as possible.

Collision insurance

This covers damage to your Mazdaspeed3 caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as sideswiping another vehicle, hitting a mailbox, crashing into a building and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage

This coverage provides protection when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your Mazda Mazdaspeed3.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverage

This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as falling objects, a broken windshield and hitting a deer. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like surgery, ambulance fees and funeral costs. They are used in conjunction with a health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comments About 2007 Mazda Mazdaspeed3 Insurance

  1. Ta Joyce

    Live in the eastern part of Burlington, VT. Received quotes with 21st Century, AIG Insurance, and Erie for my 2007 Mazda Mazdaspeed3 and I think I saved about $60 each month. Insured with GMAC before.

  2. Corinne Shelton

    Got a quote with GEICO for my Mazda and saved around $130 a year.

  3. Jessica Terry

    If you have a good history and live in the vicinity of Pittsburgh, PA, check out Progressive. They seem to be cheaper. Was with USAA. Switched homeowners coverage too. Wish I didn’t have to insure at all.

  4. Todd Douglas

    Does 21st Century insure at replacement cost?

  5. Nella Shelton

    Just my two cents. I’m from Davenport, IA. Quoted quotes with GEICO, American Family, and some I forget for my Mazdaspeed3 and saved $408 a year. Good multi-policy discounts.

  6. Autumn Fletcher

    Checking in from Milwaukee, WI. Compared rates from a lot of places. Saved about $30 a month. 21st Century was the cheapest for me. I quoted rates online then called them.

  7. Palmer Fowler

    Here’s my info. I’m in Raleigh, North Carolina. Quoted prices online for a 2007 Mazda Mazdaspeed3. Ended up at about $400 savings annually. Went with State Farm. Moved home policy as well.

  8. Michal Suarez

    Got a quote with Hartford for my Mazdaspeed3 and am saving around $250 a year.

  9. Fredric Jacobs

    Anyone find cheap rates around Phoenix, AZ?

  10. Kasha Larson

    Lots of useful info here. Live in Shreveport, LA. Got free quotes online for a 2007 Mazda Mazdaspeed3. Ended up at about $260 savings annually. Went with Allstate.