Save Money on Mazda 6 Insurance in El Paso

Overpriced Mazda 6 insurance in El Paso can drain your savings account and make it hard to pay other bills. Getting a rate comparison is a great way to reduce premiums and put more money in your pocket.

It’s an obvious statement that insurance companies don’t want their policyholders to compare prices. Insureds who shop around will presumably move their business because there is a great chance of finding a lower-priced policy. A recent study showed that consumers who shopped around annually saved about $3,500 over four years compared to other drivers who never shopped around for lower prices.

If saving the most money on Mazda 6 insurance is your ultimate objective, then having a good understanding the best way to quote and compare coverage rates can help make the process easier. Many auto insurance companies compete for your business, and it can be difficult to compare rates to find the lowest rate possible on Mazda 6 insurance in El Paso.

The best way we recommend to compare insurance rates in your area takes advantage of the fact almost all companies participate in a system to compare rate quotes. All you need to do is provide details including how much coverage you want, if you have a valid license, if you lease or own, and your occupation. That rating information is automatically sent to many of the top insurers and they return rate quotes with very little delay.

To check rates for your Mazda 6 now, click here and enter the information requested.

The companies shown below are our best choices to provide quotes in El Paso, TX. If the list has multiple companies, we suggest you click on several of them in order to get a fair rate comparison.

Auto insurance statistics and figures

The coverage information shown next showcases estimates of coverage prices for Mazda 6 models. Learning as much as possible about how insurance policy rates are figured can benefit drivers when making smart buying decisions.

Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Price estimates do not factor in vehicle garaging location which can influence prices substantially.

Physical damage deductible comparison

When shopping for auto insurance, a common question is how high should the physical damage coverage deductibles be. The following insurance rates can help you visualize the differences in price when you choose different comp and collision deductibles. The first set of rates uses a $100 physical damage deductible and the second price grid uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in specific location information which can affect auto insurance rates noticeably.

Based on these figures, using a $100 deductible would cost the average driver about $41 more each month or $492 a year than selecting the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go more than 22 months between claims, you would save money if you decide on a higher deductible.

One important note is that higher deductibles means you pay more out-of-pocket if you have a claim. That will require enough extra money in order to pay the deductible for vehicle repair.

Drive safe and save

The chart below demonstrates how citations and at-fault collisions can drive up Mazda 6 annual premium costs for each different age category. The information is based on a married male driver, comp and collision included, $500 deductibles, and no discounts are factored in.

Why you need auto insurance

Despite the high cost, auto insurance may be required for several reasons.

• Almost all states have minimum mandated liability insurance limits which means you are required to carry specific limits of liability coverage in order to drive the car legally. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you have a lien on your vehicle, more than likely the lender will make it a condition of the loan that you carry insurance to guarantee loan repayment. If coverage lapses or is canceled, the lender may insure your Mazda for a lot more money and require you to reimburse them the higher price.
• Auto insurance preserves both your vehicle and your assets. Insurance will also pay for all forms of medical expenses for not only you but also any passengers injured in an accident. One policy coverage, liability insurance, will also pay for a defense attorney if you are sued as the result of an accident. If your Mazda gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.

The benefits of carrying adequate insurance more than offset the price you pay, particularly if you ever have a claim. Unknowingly, the average driver is overpaying more than $869 every year so it’s recommended you shop around at every renewal to make sure the price is not too high.

Discounts mean cheaper rates for Mazda 6 insurance in El Paso

Car insurance companies don’t list the entire discount list in an easy-to-find place, so we break down a few of the more well known as well as the least known ways to save on car insurance.

• Discounts for Good Drivers – Drivers who avoid accidents may save up to 50% more compared to rates paid by drivers with frequent claims.
• Driver Training Discounts – Participating in a class that teaches driver safety techniques could possibly earn you a 5% discount and easily recoup the cost of the course.
• Good Student – Getting good grades can earn a discount of 20% or more. Many companies even apply the discount to college students up until you turn 25.
• One Accident Forgiven – Not a discount per se, but certain companies will turn a blind eye to one accident before raising your premiums so long as you haven’t had any claims for a set time period.
• Military Discounts – Having a deployed family member could mean lower car insurance rates.

One last thing about discounts, many deductions do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So even though you would think you could get a free car insurance policy, you’re out of luck. Any amount of discount should help reduce your policy cost.

The example below illustrates the difference between Mazda 6 annual premium costs with and without discounts being applied to the rates. The price estimates are based on a male driver, no accidents or driving violations, Texas state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, homeowner, multi-policy, safe-driver, and multi-car discounts applied.

To locate companies that offer the discounts shown above in Texas, click here.

Auto insurance agents can help

Some people just want to get advice from a local agent and doing that can be a smart decision Experienced insurance agents are very good at helping people manage risk and will help you if you have claims. The biggest benefit of comparing rates online is that you can obtain lower rates and also buy local.

After filling out this simple form, your information is instantly submitted to agents in your area that can give you free El Paso auto insurance quotes for your business. You won’t even need to contact an agency as quotes are delivered immediately to your email address. If you need to quote rates from a specific insurance company, you would need to navigate to their website and fill out the quote form the provide.

Finding the right insurer requires more thought than just the price. These are valid questions to ask:

• Will they take your side in the event of a claim?
• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• Is working in the agency their full-time job?
• Which insurance company do they prefer to write with?
• Does their agency support local causes in El Paso?
• What insurance companies do they work with in El Paso?

When looking for a local El Paso insurance agent, it helps to know the two types of agencies and how they can service your needs differently. Auto insurance agents in El Paso can be categorized as either independent agents or exclusive agents. Both types can do a good job, but we need to point out how they differ since it can impact your selection of an agent.

Exclusive Auto Insurance Agencies

Exclusive insurance agents normally can only provide a single company’s rates and some examples include Allstate, State Farm and Farmers Insurance. They usually cannot shop your coverage around so it’s a take it or leave it situation. Exclusive agents are highly trained on what they offer which helps them compete with independent agents.

Shown below is a short list of exclusive agents in El Paso that can give you price quote information.

More El Paso agents

Independent Auto Insurance Agencies

Agents that elect to be independent are not restricted to one company and that is an advantage because they can write policies through many different auto insurance companies and find you the best rates. If premiums increase, the agent simply finds a different carrier and the insured can keep the same agent. When shopping rates, you need to include rate quotes from a couple of independent agencies in order to have the best price comparison.

Shown below is a list of independent agents in El Paso who can help you get price quote information.

More El Paso agents

Once you have good answers for all questions you ask as well as low cost Mazda 6 insurance quotes, chances are good that you have found a car insurance agent that is a good match to properly service your auto insurance policy.

Learn about insurance coverages for a Mazda 6

Understanding the coverages of insurance helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages found on most insurance policies.

Comprehensive auto coverage – This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as damage from a tornado or hurricane, damage from flooding, damage from getting keyed and a broken windshield. The maximum amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Mazda 6.

Because many people carry very low liability coverage limits (Texas limits are 30/60/25), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like pain medications, rehabilitation expenses, surgery, hospital visits and dental work. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as sustaining damage from a pot hole, scraping a guard rail, hitting a parking meter and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also bump up the deductible on your 6 to save money on collision insurance.

Coverage for liability – Liability insurance can cover damage or injury you incur to other’s property or people. This coverage protects you from claims by 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. Your policy might show values of 30/60/25 that means you have $30,000 in coverage for each person’s injuries, a limit of $60,000 in injury protection per accident, and $25,000 of coverage for damaged property.

Liability insurance covers claims such as bail bonds, attorney fees and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible. Texas requires drivers to carry at least 30/60/25 but you should think about purchasing more coverage.

The chart below shows why buying low liability limits may not be enough coverage.

The most affordable rates come from being thorough

You just read many ideas to lower your Mazda 6 insurance premium rates in El Paso. The key thing to remember is the more companies you get prices for, the better your chances of lowering your prices. You may even find the best price on car insurance is with the least-expected company. Smaller companies may have significantly lower prices on certain market segments as compared to the big name companies such as Progressive and GEICO.

More affordable car insurance in El Paso can be purchased from both online companies and also from your neighborhood El Paso agents, so you should compare both to get a complete price analysis. Some insurance providers may not provide online rate quotes and most of the time these small insurance companies work with local independent agents.

How to buy lower priced Mazda 6 insurance in El Paso

If saving money is your primary concern, then the best way to get budget auto insurance rates is to do an annual price comparison from different companies who can sell car insurance in El Paso.

• First, gain an understanding of how companies price auto insurance and the steps you can take to drop your rates. Many rating criteria that cause rate increases like tickets, at-fault accidents, and a bad credit rating can be amended by making minor changes to your lifestyle.
• Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like GEICO and State Farm, while independent agencies can quote prices from multiple insurance companies.
• Third, compare the new quotes to your existing rates and determine if there is any savings. If you can save money, ensure coverage does not lapse between policies.

One thing to remember is to use the same level of coverage on every quote and and to look at as many different insurance providers as possible. This helps ensure a level playing field and the best price selection.

To learn more, link through to the articles below:

• Understanding Rental Car Insurance (Insurance Information Institute)
• Insuring a Leased Car (Insurance Information Institute)
• New head restraint design cuts injuries (Insurance Institute for Highway Safety)
• Side Impact Crash Tests (iihs.org)