How many times have you put off comparing quotes for low-cost Mazda 5 insurance in Tucson? Have you had enough of scraping the payment together to buy insurance? You have the same problem as the majority of other people in Arizona.
A recent insurance study discovered that over 70% of consumers kept their policy with the same company for more than four years, and just under half have never quoted rates to find affordable coverage. With the average insurance premium being $1,847, American drivers could save an average of up to $860 each year just by comparing rates, but most just don’t grasp the large savings they would see if they just switched companies.
Steps to finding more affordable Mazda 5 insurance in Tucson
If saving money is your primary concern, then the best way to find cheaper Mazda 5 insurance in Tucson is to start comparing prices regularly from different companies who sell insurance in Arizona.
- Step 1: Spend a few minutes and learn about car insurance and the modifications you can make to prevent expensive coverage. Many things that drive up the price such as your driving record and a negative credit history can be rectified by making minor changes to your lifestyle. Read the full article for more information to prevent rate hikes and get discounts that may be available to you.
- Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from a single company like Progressive and State Farm, while independent agencies can provide prices from multiple companies.
- Step 3: Compare the quotes to your current policy to see if you can save by switching companies. If you find a lower rate and buy the policy, make sure there is no coverage gap between policies.
- Step 4: Provide proper notification to your current company of your intent to cancel your current car insurance policy and submit the required down payment along with the signed application for your new policy. Make sure you put the certificate verifying coverage in an easily accessible location in your vehicle.
A valuable tip to remember is to make sure you’re comparing identical coverage information on each quote request and to quote with as many carriers as you can. This helps ensure a level playing field and a thorough price selection.
People have many car insurance companies to pick from, and even though it’s nice to have multiple companies, it makes it harder to adequately compare rates for Mazda 5 insurance in Tucson.
Consumers should take time to do rate comparisons as often as possible because insurance prices trend upward over time. Just because you had the best deal on Mazda 5 insurance in Tucson a few years ago other companies may now be cheaper. Forget all the misinformation about insurance because I’m going to let you in on the secrets to one of the easiest ways to reduce your cost while improving coverage.
Getting quotes for the cheapest insurance coverage in Tucson is not as time-consuming as you think. If you’re already insured or just want a better rate, you can use these tips to shop for the lowest rates without reducing coverage. Vehicle owners only have to learn the fastest way to compare different rates using one simple form.
Most major insurance companies such as 21st Century, Allstate and State Farm allow consumers to get prices direct online. Getting Mazda 5 insurance prices online can be done by anyone as you simply enter the coverages you want into a form. When the form is submitted, the system will obtain your driving and credit reports and generates pricing information determined by many factors. Quoting online for Mazda 5 insurance in Tucson makes it easy to compare insurance prices and it’s also necessary to do this if you want to get a better rate.
To quickly find out if lower rates are available, take a look at the companies shown below. If you have coverage now, it’s recommended you complete the form with coverages and limits identical to your current policy. This makes sure you will have a price comparison based on identical coverages.
The auto insurance companies shown below can provide quotes in Arizona. If your goal is to find the cheapest auto insurance in AZ, we recommend you visit several of them to get the best price comparison.
Earn discounts on Tucson auto insurance
Insurance can cost an arm and a leg, but you might already qualify for some discounts that you may not know about. A few discounts will automatically apply when you quote, but some may not be applied and must be inquired about prior to getting the savings.
- Accident-Free Discounts – Insureds with no claims or accidents are rewarded with significantly better rates on Tucson car insurance quote as compared to insureds who have frequent claims or accidents.
- Own a Home – Owning your own home or condo can earn you a little savings since owning and maintaining a home shows financial diligence.
- Driver’s Education for Students – It’s a good idea to have your young drivers successfully take a driver’s education course in school.
- Defensive Driver Discount – Passing a safe driver course could cut 5% off your bill and also improve your driving technique.
- Military Discounts – Being deployed in the military could mean lower rates.
- Multi-Vehicle Discounts – Buying a policy with several vehicles on one policy can get a discount for every vehicle.
- Discount for Multiple Policies – If you insure your home and vehicles with the same company you could get a discount of as much as 10 to 15 percent.
As a disclaimer on discounts, most of the big mark downs will not be given to the whole policy. Most only apply to specific coverage prices like comprehensive or collision. So when the math indicates having all the discounts means you get insurance for free, you aren’t that lucky.
The information below shows the comparison of Mazda 5 car insurance rates with and without discounts. The premiums assume a male driver, no tickets, no at-fault accidents, Arizona state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, safe-driver, multi-policy, claim-free, and multi-car discounts applied.
Car insurance companies that may offer policyholders some of the above discounts include:
If you are trying to find the cheapest Mazda 5 rate quotes, ask every insurance company how many discounts you can get. Some credits may not be offered in Tucson. To find insurance companies who offer auto insurance discounts in Tucson, follow this link.
Analysis of Mazda 5 rates
The premium table displayed below highlights estimates of insurance prices for Mazda 5 models. Understanding more about how policy rates are calculated is important for drivers to make smart choices when purchasing an insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|5 Sport Station Wagon||$142||$266||$288||$18||$86||$800||$67|
|5 Touring Station Wagon||$162||$324||$288||$18||$86||$878||$73|
|5 Grand Touring Station Wagon||$162||$324||$288||$18||$86||$878||$73|
|Get Your Own Custom Quote Go|
Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Rates do not factor in your specific Tucson location which can decrease or increase rates greatly.
Impact of violations and accidents on rates
The chart below demonstrates how traffic citations and accident claims drive up Mazda 5 premium costs for different ages of insureds. The premiums assume a married male driver, full coverage, $250 deductibles, and no discounts are applied to the premium.
Annual premiums for males compared to females
The illustration below illustrates the difference between Mazda 5 insurance prices for male and female drivers. The rate quotes are based on no claims or driving citations, comprehensive and collision coverage, $250 deductibles, marital status is single, and no discounts are taken into consideration.
Full coverage versus liability-only
The chart below compares Mazda 5 yearly insurance costs with full coverage compared to only the Arizona minimum liability coverage. The rate quotes are based on no violations or claims, $100 deductibles, single marital status, and no policy discounts are applied.
Are you wasting money paying for full coverage?
There is no exact formula that works best for making the decision to drop physical damage coverage, but there is a general guideline. If the annual cost of coverage is more than around 10% of the settlement you would receive from your company, then it might be time to buy liability only.
For example, let’s assume your Mazda 5 replacement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $7,000 after the policy deductible has been paid. If you are paying in excess of $700 a year for physical damage coverage, then you might want to think about dropping full coverage.
There are some circumstances where only buying liability is not recommended. If you haven’t satisfied your loan, you have to carry full coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not eliminate full coverage.
Why You Might Pay Lower Rates in Tucson
Many things are used when quoting car insurance. Most are fairly basic such as your driving record, but other factors are more obscure such as whether you are married or your vehicle rating. One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that play a part in calculating your car insurance rates. If you have a feel for what determines premiums, this helps enable you to make changes that could result in lower premium levels.
Reduce prices by staying claim free – If you are the type of insured that files lots of claims you can expect higher premiums or even policy non-renewal. Auto insurance companies in Arizona provide lower rates to policyholders who do not rely on their insurance for small claims. Your insurance policy is meant to be used in the event of larger claims.
Deter theft and reduce car insurance rates – Choosing to buy a car that has an advanced theft prevention system can help lower your rates. Anti-theft devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder auto theft and help lower rates.
Lower rates come with age – Teenage drivers in Arizona are proven to be easily distracted with other occupants in the car so they pay higher car insurance rates. If you’ve ever had to add a first-time driver onto your car insurance can cause a big jump in price. Older insureds are more cautious drivers, statistically cause fewer accidents, and receive fewer citations.
The data below uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.
Do you work long hours in a stressful vocation? – Jobs like military generals, airline pilots, and financial analysts usually pay the highest average rates because of intense work requirements and incredibly demanding work hours. Other professions such as scientists, historians and homemakers pay lower than average rates.
Mazda 5 insurance claim data – Insurers use claims history to help set a rate to offset losses. Vehicles that the statistics show to have increased losses will cost more to insure. The information below illustrates the actual insurance loss data for Mazda 5 vehicles.
For each policy coverage type, the loss probability for all vehicles averaged together is a value of 100. Numbers below 100 indicate a favorable loss history, while percentage numbers above 100 point to more losses or tendency to have larger claims.
|Specific Mazda Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Local Tucson insurance agencies and car insurance
Certain consumers just prefer to buy from a local agent. Good insurance agents will help you protect your assets and help file insurance claims. One of the best bonuses of comparing rate quotes online is that you can obtain lower rates but also keep your business local. Supporting local agents is especially important in Tucson.
Upon completion of this form (opens in new window), your insurance coverage information is immediately sent to agents in your area who will give you bids to get your business. It’s much easier because you don’t need to find an agent since rate quotes are delivered to you directly. If you wish to compare rates from a particular provider, you just need to navigate to their website and complete a quote there.
Finding the right insurer requires you to look at more than just the premium amount. These are some valid questions you should ask.
- Does the agency have a current Errors and Omissions policy?
- Are claims handled at the agent’s location?
- Do they reduce claim amounts on high mileage vehicles?
- Does the company use OEM repair parts?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Are there any discounts for paying up front?
The best rates come from being thorough
Some insurance providers may not offer online price quotes and most of the time these smaller providers work with independent agents. Cheap Mazda 5 insurance in Tucson is possible on the web and from local agencies, so you should compare both to get a complete price analysis.
As you shop your coverage around, make sure you don’t reduce coverage to reduce premium. There have been many cases where consumers will sacrifice liability coverage limits and found out when filing a claim that it was a big mistake. The proper strategy is to buy a smart amount of coverage at the lowest possible cost while not skimping on critical coverages.
Steps to buying low-cost Mazda 5 insurance in Tucson
The most effective way to get budget Mazda 5 insurance is to make a habit of regularly comparing prices from companies in Tucson.
Step 1: Gain an understanding of how your policy works and the measures you can take to prevent rate increases. Many factors that cause high rates such as getting speeding tickets and a not-so-good credit history can be amended by improving your driving habits or financial responsibility.
Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like Progressive or State Farm, while agents who are independent can quote prices from multiple insurance companies.
Step 3: Compare the new quotes to your existing coverage to see if a cheaper rate is available in Tucson. If you find a better price and change companies, make sure there is no coverage gap between policies.
Step 4: Notify your company or agent to cancel your current coverage. Submit any necessary down payment along with the completed application for the new policy. Don’t forget to safely store the certificate verifying coverage above your visor, in the console, or in the glove compartment.
The most important part of this process is to make sure you enter identical limits and deductibles on each price quote and and to get prices from all possible companies. Doing this ensures the most accurate price comparison and maximum price selection.
To learn more, feel free to browse the resources below:
- Safe Vehicles for Teens (iihs.org)
- Who Has Affordable Tucson Car Insurance Quotes for Unemployed Drivers? (FAQ)
- Rollover Crash FAQ (iihs.org)
- Understanding Limits and Deductibles (Allstate)