If saving the most money is your goal, then the best way to get affordable Mazda 3 insurance is to begin comparing prices regularly from companies who provide car insurance in Mesa. You can compare prices by following these guidelines.
Step 1: Try to comprehend how insurance companies determine prices and the things you can change to lower rates. Many factors that cause high rates like high-risk driving behaviors and an imperfect credit history can be controlled by making lifestyle changes or driving safer. This article gives additional tips to prevent rate hikes and find missing discounts.
Step 2: Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can give quotes from one company like Progressive and State Farm, while independent agencies can provide price quotes for a wide range of companies. Find a Mesa insurance agent
Step 3: Compare the new rates to the premium of your current policy to see if a cheaper rate is available. If you find a lower rate quote and buy the policy, make sure there is no lapse in coverage.
One piece of advice is to use similar deductibles and liability limits on each price quote and and to get price estimates from as many car insurance companies as possible. This provides a fair rate comparison and a complete rate analysis.
Astonishing but true according to a recent study, most car insurance policyholders renewed their policy with the same company for at least four years, and nearly the majority have never compared quotes from other companies. With the average premium in Arizona being $1,578, drivers could save themselves up to $730 a year, but they won’t spend time to save money by comparing rate quotes.
Coverage information
The price information displayed below showcases a range of insurance prices for Mazda 3 models. Having a better idea how insurance rates are determined helps drivers make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $210 | $388 | $404 | $24 | $122 | $1,148 | $96 |
| 3 I SV 4-Dr Sedan | $210 | $388 | $404 | $24 | $122 | $1,148 | $96 |
| 3 I Touring 4-Dr Sedan | $210 | $456 | $404 | $24 | $122 | $1,216 | $101 |
| 3 S Sport 4-Dr Hatchback | $236 | $456 | $404 | $24 | $122 | $1,242 | $104 |
| 3 S Sport 4-Dr Sedan | $236 | $456 | $404 | $24 | $122 | $1,242 | $104 |
| 3 S Grand Touring 4-Dr Hatchback | $236 | $456 | $404 | $24 | $122 | $1,242 | $104 |
| 3 S Grand Touring 4-Dr Sedan | $236 | $456 | $404 | $24 | $122 | $1,242 | $104 |
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Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Price information does not factor in zip code location which can alter price quotes substantially.
How accidents and tickets impact rates in Mesa
The information below illustrates how violations and at-fault fender-benders raise Mazda 3 yearly insurance costs for different age groups. The data is based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are taken into consideration.
Auto insurance rates based on gender
The chart below compares Mazda 3 insurance prices for male and female drivers. The premiums assume a clean driving record, no at-fault accidents, full coverage, $100 deductibles, marital status is single, and no discounts are applied.
Rate difference between full and liability-only coverage
The illustration below shows the difference between Mazda 3 auto insurance rates with full coverage compared to only the Arizona minimum liability coverage. The rate quotes are based on no claims or driving violations, $500 deductibles, marital status is single, and no other discounts are factored in.
Should you be buying full coverage?
There is no definitive rule that works best for making the decision to drop physical damage coverage, but there is a broad guideline. If the yearly cost of full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.
For example, let’s assume your Mazda 3 replacement value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $2,000 after paying your deductible. If you are paying more than $200 a year for full coverage, then it might be time to buy liability only.
There are some situations where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you have to keep full coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not opt for liability only.
Seven factors that impact insurance costs
Multiple criteria are used when pricing auto insurance. Some of the criteria are obvious such as your driving history, although some other factors are more transparent such as whether you are married or how financially stable you are. When buying auto insurance it’s important to understand a few of the rating criteria that help calculate your policy premiums. When consumers understand what influences your rates, this allows you to make educated decisions that may result in lower premium levels.
The factors shown below are a few of the things companies use to determine your prices.
Lower prices for being claim-free – Insurance companies in Arizona generally give discounts to insureds who file claims infrequently. If you file a lot of claims you can expect increased rates or even have your policy non-renewed. Your insurance policy is designed for claims that pose a financial burden.
Extra coverages you don’t need – Policies have add-on coverages that may not really be needed if you aren’t careful. Coverages like roadside assistance, death and dismemberment, and Farm Bureau memberships may be costing you every month. These may sound like a good investment when buying your policy, but if you’ve never needed them in the past remove them from your policy.
Consider raising physical damage deductibles – Insurance for physical damage to your car, aka comp and collision, insures against damage to your Mazda. Examples of covered claims are running into the backend of another car, vandalism, and damage from a fallen tree branch. Comp and collision deductibles tell how much you are required to spend if you file a covered claim. The more money you have to pay, the less your auto insurance will be.
Five star IIHS safety rating saves money – Safe vehicles tend to have lower insurance rates. Safe vehicles reduce occupant injuries and better occupant protection translates into fewer and smaller insurance claims and thus lower rates. If your Mazda 3 scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
Is your vehicle theft-ready? – Buying a car with a theft deterrent system can get you a discount on your auto insurance. Advanced theft deterrents like OnStar, LoJack tracking, and tamper alarms all help prevent your car from being stolen.
How old are your drivers? – Drivers with little experience have been known to be more careless behind the wheel and because of this, their auto insurance rates are much higher. More mature drivers are proven to be safer behind the wheel, cost insurance companies less in claims, and receive fewer citations.
The next chart assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.
Don’t skimp on liability – A critical coverage on your policy, liability insurance is the protection if you are responsible for personal injury or accident damage. This coverage provides for a legal defense to attempt to prove you were not liable. Liability insurance is quite affordable when compared to the cost of physical damage coverage, so buy as much as you can afford.
Mazda 3 claim statistics – Insurance companies use statistical claims data to help set a rate to offset losses. Vehicles that the data determines to have high amounts or severity of claims will have higher premium rates. The next table illustrates the collected loss data for Mazda 3 vehicles.
For each policy coverage type, the claim probability for all vehicles averaged together is equal to 100. Values that are below 100 are indicative of better than average losses, while numbers that are greater than 100 indicate a higher chance of having a claim or an increased likelihood of larger losses.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Mazda 3 | 99 | 104 | 96 | 106 | 110 | 103 |
| Mazda 3 Hatchback | 91 | 80 | 96 | 81 | 73 | 86 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Compare car insurance rates regularly to save
Discount Mazda 3 insurance in Mesa can be sourced both online as well as from insurance agents, so you need to shop Mesa auto insurance with both to get a complete price analysis. Some insurance providers may not have internet price quotes and these small, regional companies sell through local independent agencies.
Throughout this article, we presented a lot of information how to shop for Mazda 3 insurance online. The most important thing to understand is the more companies you get auto insurance rates for, the more likely it is that you will get a better rate. You may even discover the lowest priced car insurance comes from some of the smallest insurance companies. These companies can often provide lower auto insurance rates in certain areas than the large multi-state companies such as Allstate or State Farm.
Even more information can be found in the articles below:
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Who Has the Cheapest Car Insurance Quotes for a Toyota Tacoma in Mesa? (FAQ)
- What Insurance is Cheapest for a Toyota Tundra in Mesa? (FAQ)
- How Much are Auto Insurance Rates for a Toyota RAV4 in Mesa? (FAQ)
- Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)
- Driving in Bad Weather (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Neck Injury FAQ (iihs.org)