2010 Mazda 5 Car Insurance Quotes

Getting lower-cost insurance may seem to be difficult for people not familiar with comparing and buying insurance online. With literally dozens of online companies, how are people able to have time to compare them all to find cheaper insurance rates?

If you currently have car insurance, you should be able to save some money using this information. Shopping for affordable protection is quite easy. Although car owners need to have an understanding of the methods companies use to price insurance differently and use this information to your advantage.

How do insurance companies determine Mazda 5 insurance prices?

It’s important that you understand the factors that aid in calculating insurance rates. When you understand what determines premiums, this enables informed choices that will entitle you to lower rates.

The itemized list below are a few of the things insurance companies consider when setting your prices.

  • When should you file a insurance claims? – If you tend to file frequent claims, you can expect higher premiums or even policy non-renewal. Companies give cheaper rates to policyholders who are not frequent claim filers. Your car insurance is intended for more catestrophic claims.
  • Tickets can be expensive – How you drive has a huge affect on how much you pay. Getting just one chargable violation could increase your next policy renewal substantially. Good drivers pay less for auto insurance as compared to those with violations. Drivers who have gotten severe tickets like reckless driving or DUI may find that they have to to complete a SR-22 with the DMV in their state in order to continue driving.
  • Higher rates for specific vocations – Occupations such as lawyers, executives and stock brokers have the highest average rates because of intense work requirements and long work hours. Other careers such as actors, students and performers pay lower than average rates for 5 insurance.
  • A good credit rating can save money – Having a good credit history is a big factor in your rate calculation. If your credit is lower than you’d like, you could save money insuring your 2010 Mazda 5 by spending a little time repairing your credit. Drivers with very high credit ratings tend to file fewer claims than drivers with bad credit.
  • Lower premiums for cars with good safety ratings – Safe vehicles get lower rates. Safe vehicles reduce injuries and fewer serious injuries translates into fewer and smaller insurance claims and cheaper rates on your policy. If your Mazda earned at least four stars on Safercar.gov you may pay a lower rate.
  • Low deductibles cost more – Comprehensive and collision coverage deductibles are how much you are willing to pay before your insurance pays a claim. Insurance for physical damage to your car, aka comp and collision, covers damage that occurs to your car. Some examples of covered claims would be a windshield broken by a bird, vandalism, and having a roll-over accident. The larger the amount the insured has to pay upfront, the better rate you will receive for 5 insurance.
  • Discounts for auto and home policies – Many companies allow better rates to buyers who consolidate policies with them. It’s known as a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. Even with this discount applied, you still need to comparison shop to confirm you are receiving the best rates possible. You may still be able to save money even if you have your coverage with different companies

Affordable insurance coverage quotes

There are several ways of comparing price quotes from different companies. The simplest method to find cheaper 2010 Mazda 5 rates consists of shopping online. This is very easy and can be done by using one of the methods below.

  1. Hands down the most simple method to get the best comparison quotes is to use a rate comparison form (click to open form in new window). This method saves time by eliminating separate forms for every company. Taking the time to complete one form gets you coverage quotes direct from many companies. It’s the fastest way to compare.
  2. A different way to find better pricing consists of visiting the website for every company you want to comare to complete a price quote. For instance, let’s say you want to compare prices for State Farm, Liberty Mutual and American Family. To get rate quotes you would need to visit each site and enter your information, which can be really labor intensive. For a list of links to companies insuring cars in your area, click here.
  3. The final method to comparison shop is going to each insurance agency near you. The ability to get quotes online eliminates the need for an insurance agent unless you require the personal advice of a licensed agent. You can, however, compare the best prices online but have a local agent actually write the policy.

You can use whichever method you prefer to find lower rates, just make sure you are using apples-to-apples coverage limits for every company. If the quotes have higher or lower deductibles you will not be able to determine which company has the best rates. Quoting even small variations in limits could throw off the whole comparison. Just keep in mind that comparing more rates from different companies helps increase your odds of locating a lower rate. Not every company allows you to get rate quotes online, so you need to compare prices from them as well.

Insurance rates and discounts

Insurance is neither fun to buy or cheap, but there are discounts available that may help make it more affordable. Some discounts apply automatically at the time of purchase, but lesser-known reductions have to be specifically requested before being credited.

  • More Vehicles More Savings – Drivers who insure all your vehicles on a single policy can get a discount on all vehicles.
  • Use Seat Belts – Drivers who always wear seat belts and also require passengers to buckle up can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
  • New Vehicle Savings – Adding a new car to your policy can save you some money compared to insuring an older model.
  • No Claims – Claim-free drivers pay much less compared to accident-prone drivers.
  • Theft Prevention Discount – Anti-theft and alarm system equipped vehicles are less likely to be stolen and therefore earn up to a 10% discount.
  • Distant Student – Kids who live away from home at college and do not take a car to college can be insured at a reduced rate.
  • Bundled Policy Discount – If you combine your auto and home policies with one insurance company you may earn over 10 percent off each policy depending on the company.

Keep in mind that some credits don’t apply the the whole policy. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

If you would like to choose from a list of insurance companies with the best insurance discounts, click here.

Situations that may require an agent’s advice

When buying the right insurance coverage, there really is not a perfect coverage plan. Each situation is unique.

Here are some questions about coverages that may help highlight whether your personal situation could use an agent’s help.

  • Does my insurance cover a custom paint job?
  • Does liability extend to a camper or trailer?
  • Do I need medical payments coverage since I have good health insurance?
  • Do I need more liability coverage?
  • Do I need replacement cost coverage on my 2010 Mazda 5?
  • Am I covered when delivering products for my home-based business?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form.

Insurance coverage options for a 2010 Mazda 5

Knowing the specifics of your policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Collision coverage – This pays for damage to your 5 resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like driving through your garage door, rolling your car, scraping a guard rail and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like nursing services, doctor visits, funeral costs and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Comprehensive (Other than Collision) – This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things like hail damage, rock chips in glass, fire damage, hitting a deer and a broken windshield. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability coverages – This will cover damage or injury you incur to a person or their property. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things like repair bills for other people’s vehicles, loss of income and medical services. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Protection from uninsured/underinsured drivers – This provides protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your 2010 Mazda 5.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits do not exceed the liability coverage limits.

Don’t throw your cash in the trash

While you’re price shopping online, make sure you don’t buy lower coverage limits just to save a few bucks. In many cases, consumers will sacrifice comprehensive coverage or liability limits only to find out that the savings was not a smart move. Your focus should be to buy a smart amount of coverage at the best cost, but do not sacrifice coverage to save money.

Insureds who switch companies do it for a variety of reasons including poor customer service, policy cancellation, high rates after DUI convictions or delays in paying claims. It doesn’t matter why you want to switch finding a great new company is pretty easy and you might even save some money in the process.

Lower-priced 2010 Mazda 5 insurance can be sourced both online in addition to many insurance agents, and you should compare rates from both to have the best chance of lowering rates. Some companies don’t offer internet price quotes and these smaller companies only sell through independent agents.

Even more information is available by following these links:

Comments About 2010 Mazda 5 Insurance

  1. Joella Martin

    I think I’m paying too much. Lifelong resident of Anchorage, Alaska. I quoted with Western Auto Insurance, AAA, GMAC, and Safeco for my 5 and I’m now saving $30 a month. Was with Nationwide. Switched homeowners coverage too.

  2. Brandie Bryan

    Just a quick comment on my experience. Live in the eastern part of Reno, Nevada. I don’t recall every quote but I ended up saving about $20 each month. It’s still not cheap enough.

  3. Bill Kirk

    I compared a lot of rate quotes for a 2010 Mazda 5 in Kansas City, MO. Ended up at about $110 every six months with American Family. Left Progressive to switch. I got a quote from their website.

  4. Stephnie Chase

    If you’re from Columbia, SC get quotes from Allstate and GEICO and you might save.

  5. Leslie Wheeler

    Enjoyed the article. Checking in from Worcester, MA. Not sure of all the companies but I ended up saving about $50 each month. Was with MetLife. Still almost need a second mortgage.

  6. Rosena Galloway

    I’m looking for cheaper coverage. Got a quote with American Family for my 5 and saved around $300 a year. Not sure about claim service.

  7. Ashleigh Williamson

    All companies are crooks. I live just to the east of Billings, MT. Compared rates from a lot of places. Saved roughly $70 a month. State Farm was the cheapest option for me. Was with Amica. Good multi-policy discounts. It was easy to get rates.

  8. Valeria Nielsen

    Not sure if this is cheap. I live in Philadelphia, Pennsylvania. I got free quotes from AAA, Sentry, and a few others for my Mazda and saved just over $230 a year.

  9. Alicia Grimes

    I compared a lot of rate quotes for a 2010 Mazda 5 in Davenport, IA. Ended up at darn near $180 every six months with Amica. Wish I didn’t have to insure at all.

  10. Elizebeth Coffey

    Liked the article. I’m in the suburbs of Charlotte, North Carolina. Compared rates from a lot of places. Saved darn near $40 a month. 21st Century was the cheapest option for me. Did it all online.

  11. Rosalina Alston

    I chose to switch to Allstate from Auto-Owners. I live in Denver, Colorado. Are quotes cheaper online?

  12. Freddie Spence

    Thanks for putting this site together. I live east of Jackson, MS. Quoted quotes from AAA, MetLife, and some smaller one I can’t remember the name of for my 5 and saved $211 a year.

  13. Mozelle Kaufman

    Any State Farm or Eastwood customers near Kansas City, Kansas?

  14. Ellena Nixon

    21st Century is decent in Cincinnati, Ohio.

  15. Zelma Williamson

    Any GEICO or Encompass customers near Houston, TX?

  16. Ray Weeks

    I live west of Phoenix, Arizona. Don’t remember every company but I ended up saving about $60 each month. Insured with State Farm before. Teenage drivers are expensive!