Drivers Who Know These Tricks Save More on Mazda MX-5 Miata Insurance

Have you had enough of paying out the nose to buy car insurance? Your situation is no different than most other car owners.

Consumers have many car insurance companies to choose from, and though it is a good thing to have a choice, too many choices makes it more difficult to locate the cheapest rates.

Free Quotes for Car Insurance

When shopping for car insurance there are multiple ways of comparing rates and find the best price. The simplest method to find the cheapest Mazda MX-5 Miata insurance rates is to use the internet to compare rates. This can be done in just a few minutes using one of these methods.

Probably the best way to get quotes for comparison is to use a rate comparison form (click to open form in new window). This type of form saves time by eliminating separate quotes for every car insurance company. Completing one form compares rates from several companies.
Another way to obtain and compare quotes online is going to each individual company website to request a price quote. For examples sake, let’s say you want to compare rates from GEICO, Esurance and Travelers. To get each rate you have to spend time on each company’s site to enter your coverage information, which is why most consumers use the first method.
For a list of links to companies insuring cars in your area, click here.
The least efficient method of comparing rate quotes is driving to insurance agents’ offices. Shopping for car insurance online has reduced the need for local agents unless you have a need for the professional guidance that only a license agent can provide. However, consumers can get the lowest quotes online but buy from a local insurance agent and we’ll cover that in a bit.

Whichever way you use, be sure to compare exactly the same coverage limits and deductibles for every quote you compare. If you have different limits and deductibles on each one you can’t possibly find the best deal for your Mazda MX-5 Miata. Quoting even small variations in limits can make a big difference in price. And when comparing car insurance rates, know that more quotes helps locate the best rates.

Are you getting all your discounts?

Companies offering auto insurance don’t always list all available discounts in an easy-to-find place, so we took the time to find both well-publicized and the more hidden car insurance savings.

New Vehicle Savings – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
Student Driver Training – Require your teen driver to complete a driver education course if offered at their school.
Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off the personal injury premium cost.
Homeowners Discount – Owning a house may trigger a car insurance policy discount due to the fact that maintaining a home shows financial diligence.
Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
Military Rewards – Being on active duty in the military could be rewarded with lower premiums.

It’s important to note that most discount credits are not given to the overall cost of the policy. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, you’re out of luck.

Compare online but buy from a local agent

A small number of people just want to get advice from a local agent and that is a personal choice. One of the great benefits of getting online price quotes is that you can obtain the lowest rates and still have an agent to talk to. auto insurance

Once you complete this simple form, your insurance data is submitted to companies who will give you bids for your business. There is no need to visit any agencies since price quotes are sent to the email address you provide. How cool is that?! You can find the lowest rates and a licensed agent to work with.

Picking an insurance company shouldn’t rely on just the premium amount. Agents should be asked these questions:

Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
Do they feel the quoted coverages are adequate?
Does the agent have professional designations like CIC, CPCU or AIC?
If you are a high risk driver, do they have special markets for your coverage?
Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
If they are an independent agency, which companies do they recommend?
What will you get paid if your car is a total loss? How is that amount determined?

Car insurance agents come in two varieties

When searching for local agents, there are two different types of agents from which to choose. Insurance agencies are categorized either independent (non-captive) or captive.

Captive Agents

This type of agents can only place business with one company like State Farm, AAA, Farmers Insurance or Allstate. These agents are unable to shop your coverage around so they have to upsell other benefits. Captive agencies are usually quite knowledgeable on their company’s products which helps them sell insurance even at higher premiums.

Independent Agencies or Brokers

Independent insurance agents are not locked into one company but instead can place your coverage amongst many companies and possibly get better coverage at lower prices. To move your coverage to a new company, your agent can switch companies and that require little work on your part. When shopping rates, it’s recommended you include several independent insurance agents for maximum quote selection.

For a full directory of car insurance agents, click here.

Once you have received good answers to any questions you have and locked in a price quote, chances are good that you have found an insurance agency that can service your policy.

Car insurance is unique, just like you

When it comes to choosing the best car insurance coverage for your vehicles, there really is no cookie cutter policy. Every insured’s situation is different so this has to be addressed. These are some specific questions may help you determine whether your personal situation might need professional guidance.

Am I covered if I wreck a rental car?
Am I covered when driving a rental car?
Can I drive in Mexico and have coverage?
When would I need rental car insurance?
Is my custom paint covered by insurance?
Does my liability insurance cover pulling a trailer or camper?
Do I need special endorsements for business use of my vehicle?
Does my Mazda MX-5 Miata qualify for pleasure use?
Are my friends covered when driving my Mazda MX-5 Miata?
Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Shop smart and save

Budget-conscious Mazda MX-5 Miata insurance is available on the web and with local insurance agents, and you should be comparing both to get a complete price analysis. Some insurance providers do not offer online quoting and most of the time these regional insurance providers sell through independent agents.

When buying insurance coverage, never buy less coverage just to save a little money. There are too many instances where consumers will sacrifice collision coverage and discovered at claim time that it was a big error on their part. The aim is to buy enough coverage at the best price, not the least amount of coverage.