View 2015 Mazda 5 Insurance Quotes

Searching for lower auto insurance rates for your Mazda 5? Have you fallen victim to an underperforming, overpriced auto insurance policy? Believe me when I say many drivers have buyer’s remorse. Consumers have many auto insurance companies to choose from, and though it is a good thing to have a selection, too many choices makes it more difficult to adequately compare rates.

It’s important to compare premium rates occasionally because rates change regularly. Just because you had the lowest premium rates on 5 insurance a few years ago you will most likely find a better price today. There is a lot of bad information regarding auto insurance on the web, but in this article, you’re going to get some good information on how to quit paying high auto insurance rates.

Buying car insurance is easy if you know what you’re doing. If you currently have a car insurance policy, you should be able to reduce your rates substantially using this strategy. Vehicle owners only need an understanding of the tricks to shop online.

Shop auto insurance online

There are a variety of methods to shop for auto insurance, but there is one way that is less labor-intensive and much quicker. You can spend countless hours talking to insurance agencies in your area, or you can utilize online quotes to get prices fast.

Many of the larger companies are enrolled in a marketplace where insurance shoppers only type in their quote data once, and every company returns a rated price determined by their information. This prevents consumers from doing repetitive form submissions for each company you want a rate for.

To fill out one form to compare multiple rates now click here to start a free quote.

The one disadvantage to doing it this way is that you can’t choose which carriers to get quotes from. If you prefer to choose from a list of companies to compare prices, we put together a list of companies who write auto insurance in your area. Click here for list of insurance companies.

Which method you use is up to you, but ensure you are comparing the same coverage data for each price quote. If you compare unequal deductibles or liability limits it’s impossible to make a fair rate comparison.

Don’t overlook these insurance discounts

Companies offering auto insurance don’t necessarily list every available discount in an easy-to-find place, so below is a list both the well known and the harder-to-find insurance savings.

  • Early Payment Discounts – By paying your entire bill at once rather than spreading payments over time you can avoid the installment charge.
  • Theft Deterent Discount – Vehicles equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and will qualify for a discount on a auto insurance quote.
  • Renewal Discounts – Some insurance companies reward drivers for signing up before your current policy expires. This can save 10% or more.
  • Sign Online – Some of the larger companies may give you up to $50 simply for signing over the internet.
  • Discount for Multiple Policies – If you have multiple policies with the same insurance company you will save up to 20% and get you affordable auto insurance.
  • Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. Many companies even apply the discount to college students until age 25.

We need to note that some of the credits will not apply the the whole policy. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like you could get a free insurance policy, it just doesn’t work that way. But all discounts will help lower your policy premiums.

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

When to get professional advice

When choosing the best insurance coverage coverage for your vehicles, there is no perfect coverage plan. Everyone’s needs are different so this has to be addressed. These are some specific questions may help highlight if your insurance needs might need professional guidance.

  • Is extra glass coverage worth it?
  • Does my insurance cover my expensive audio equipment?
  • What is an SR-22 filing?
  • Should I buy more coverage than the required minimum liability coverage?
  • Can I afford low physical damage deductibles?
  • Am I covered if I hit a deer?

If you can’t answer these questions but a few of them apply, you may need to chat with an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Why your insurance costs might be higher

Many things are part of the calculation when quoting car insurance. Most are fairly basic such as your driving record, but other factors are more obscure such as your credit history or how financially stable you are.It’s important that you understand the different types of things that help determine your premiums. When consumers understand what determines premiums, this allows you to make educated decisions that can help you get lower rates.

Listed below are a few of the things companies use to determine your rates.

  • Cheaper insurance rates for prior coverage – Allowing your coverage to lapse is a sure-fire way to trigger a rate increase. Not only will you pay higher rates, the inability to provide proof of insurance might get you a fine, jail time, or a revoked license. You may then have to provide proof of insurance in the form of an SR-22 filing with your state DMV.
  • Your gender affects costs – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Both genders have at-fault accidents at a similar rate, but the men have accidents that have higher claims. Men also tend to have more aggressive citations such as DWI and reckless driving.
  • Is your vehicle theft-ready? – Selecting a car model with an alarm system can save you a little every year. Advanced theft deterrents such as OnStar, LoJack tracking, and tamper alarms can thwart vehicle theft.
  • Bundle policies with the same company – Most major insurers apply better rates to customers that purchase more than one policy such as combining an auto and homeowners policy. Discounts can amount to 10 percent or more. Even though this discount sounds good, you may still want to comparison shop to confirm you are receiving the best rates possible.
  • Your address can influence costs – Choosing to live in small towns and rural areas has definite advantages when buying insurance. Fewer people means reduced accidents. People who live in big cities have traffic congestion and longer commute times. Higher commute times means more chance of being in an accident.

Information about specific coverages

Knowing the specifics of your policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from auto insurance companies.

Comprehensive (Other than Collision)

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from flooding, hail damage and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and also any damage incurred to your Mazda 5.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Medical expense insurance

Med pay and PIP coverage reimburse you for short-term medical expenses such as nursing services, rehabilitation expenses and ambulance fees. They are often utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Coverage for collisions

This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims like rolling your car, crashing into a building, sustaining damage from a pot hole, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Liability auto insurance

This protects you from damages or injuries you inflict on a person or their property in an accident. It protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against claims such as court costs, legal defense fees, repair bills for other people’s vehicles and loss of income. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Never pay more for less

You just read a lot of tips how to lower your 2015 Mazda 5 insurance car insurance rates. The key concept to understand is the more providers you compare, the better chance you’ll have of finding affordable auto insurance. You may be surprised to find that the biggest savings come from an unexpected company. These companies often have lower premium rates on specific markets compared to the large companies like Geico and State Farm.

As you prepare to switch companies, it’s a bad idea to buy less coverage just to save a little money. There have been many situations where an insured dropped uninsured motorist or liability limits only to find out that they should have had better coverage. The ultimate goal is to buy the best coverage you can find at the best cost, but do not skimp to save money.

Budget-friendly insurance coverage is available on the web as well as from independent agents, and you need to price shop both to have the best selection. Some companies may not have rate quotes online and most of the time these regional insurance providers prefer to sell through independent insurance agencies.

Additional learning opportunities

Comments About 2015 Mazda 5 Insurance

  1. Louisa Conner

    Here’s what I found out. I’m from Aberdeen, SD. I got free quotes with Allstate, AIG Insurance, Encompass, and Liberty Mutual for my 2015 Mazda 5 and I think I cut my rates about $50 each month. Insured with Esurance before. I have several vehicles insured with them.

  2. Merna Duran

    Will GEICO insure with a DUI in Rochester, MN?

  3. Margene Dennis

    It all costs too much. I live just to the west of Kailua, HI. Received quotes with AIG Insurance, MetLife, and Western Auto Insurance for my 2015 Mazda 5 and saved just over $140 a year. I increased coverages a little too.

  4. Stephan Suarez

    I think I’m paying too much. I live north of Newark, New Jersey. Quoted a bunch of companies. Saved roughly $30 a month. State Farm was the cheapest for me.

  5. Richelle Nunez

    Will 21st Century raise rates if I file a claim?

  6. Linh Stout

    From northwest of Dallas, Texas. Quoted quotes from Travelers, AAA, Liberty Mutual, and Mercury for my 2015 Mazda 5 and saved about $360 a year. I have a teen driver too. LOL

  7. Marth Johnson

    I’m in Wilmington, Delaware. Can’t remember who all I quoted but I ended up saving about $60 each month. Left AIG Insurance to switch. I have a teen driver too. Not sure about claim service.

  8. Deidre York

    I think I’m paying too much. I live in Green Bay, WI. Compared rates from a lot of places. Saved roughly $60 a month. Allstate was the best choice for me. Was with Encompass.

  9. Nelle Hebert

    I got quite a few price quotes for a 2015 Mazda 5 in Idaho Falls, Idaho. Ended up at roughly $310 every six months with AAA. Hopefully won’t need it. Bought it from an online quote.

  10. Frankie Combs

    I’m in the east part of Raleigh, NC. Can’t remember who all I quoted but I ended up saving about $70 each month.

  11. Rikki Gomez

    Will Progressive insure with a DUI in Charleston, South Carolina?