Best Ways to Save on Chandler Mazda CX-7 Insurance

Trying to find cheaper insurance for a new or used Mazda CX-7 in Arizona could be difficult, but you can follow the following methods to save time. There is a right way and a wrong way to buy auto insurance and you need to know the absolute fastest way to quote coverages on a Mazda and locate the best price possible.

If you have a current auto insurance policy or need a new policy, use these tips to reduce the price you pay without reducing coverage. Buying the most affordable auto insurance policy in Chandler is not as confusing as people think. Smart buyers just have to use the best way to shop online from multiple companies.

The fastest way that we advise to get policy rate comparisons for Mazda CX-7 insurance in Chandler utilizes the fact car insurance companies participate in a system to compare rate quotes. All you need to do is provide the companies a bit of rating information such as if it has an anti-theft system, which vehicles you own, if you require a SR-22, and how many miles driven. That rating information gets transmitted to multiple companies and they return cost estimate instantly.

To start a quote now, click here and find out if you can get cheaper insurance in Chandler.

The car insurance companies shown below offer free quotes in Chandler, AZ. If your goal is to find the cheapest car insurance in Chandler, we suggest you visit as many as you can to find the lowest car insurance rates.

Companies offer many types of discounts on Mazda CX-7 insurance in Chandler

Companies do not advertise the complete list of policy discounts very clearly, so here is a list some of the best known as well as the least known discounts that you may qualify for. If you’re not getting every credit you qualify for, you’re paying more than you need to.

• Passenger Safety Discount – Factory air bags and/or automatic seat belt systems can get savings up to 30%.
• Low Mileage – Low mileage vehicles may allow you to get slightly better insurance rates than normal.
• Safety Restraint Discount – Buckling up and requiring all passengers to wear their seat belts could cut 10% or more off the personal injury premium cost.
• Discount for Home Ownership – Just owning your own home can save you money because owning a home requires a higher level of personal finance.
• Discounts for Safe Drivers – Safe drivers could pay up to 40% less as compared to drivers with claims.
• Life Insurance Discount – Select insurance companies reward you with lower rates if you buy auto and life insurance together.

You should keep in mind that most credits do not apply to the entire policy premium. Most only apply to individual premiums such as liability and collision coverage. Just because you may think adding up those discounts means a free policy, it just doesn’t work that way.

The chart below visualizes the comparison of Mazda CX-7 yearly insurance costs with and without discounts applied to the rates. Data assumes a male driver, no accidents or driving violations, Arizona state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, marriage, homeowner, and safe-driver discounts applied.

Companies and their offered discounts are outlined below.

• State Farm discounts include multiple autos, driver’s education, student away at school, good student, and Steer Clear safe driver discount.
• American Family offers discounts including mySafetyValet, Steer into Savings, accident-free, early bird, TimeAway discount, and good student.
• GEICO may offer discounts for good student, driver training, anti-lock brakes, military active duty, defensive driver, and five-year accident-free.
• 21st Century may include discounts for good student, automatic seat belts, air bags, teen driver, and homeowners.
• Progressive offers discounts for good student, multi-vehicle, homeowner, multi-policy, online quote discount, and continuous coverage.

If you are trying to find affordable Chandler car insurance quotes, ask every insurance company how you can save money. A few discounts might not be available to policyholders in every state. To see a list of insurance companies that offer multiple discounts in Arizona, click this link.

Insurance coverage details

The coverage table displayed next covers a range of insurance rates for Mazda CX-7 models. Having a better understanding of how insurance prices are calculated can assist in making smart choices when buying a policy.

Table data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Price estimates do not factor in specific location information which can increase or decrease insurance rates noticeably.

How high should deductibles be?

When comparing insurance rates, the most common question is where to set your physical damage deductibles. The data tables below may aid in understanding the cost difference between high and low insurance deductibles. The first set of prices uses a $250 physical damage deductible and the second rate table uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Rates do not factor in your specific Chandler location which can lower or raise premiums substantially.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost in the ballpark of $24 more each month or $288 a year than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 31 months between claim filings, you would most likely save money if you opt for a higher deductible. Here’s an example of how this decision is made.

An important sidenote is that a higher deductible level means you will have to pay more out-of-pocket when you file a claim. That will force you to have enough money put aside in the event you need to pay more to get your vehicle repaired.

Do you need full coverage?

The diagram below illustrates the comparison of Mazda CX-7 insurance costs with full physical damage coverage compared to only buying liability only. The premiums assume a clean driving record, no at-fault accidents, $250 deductibles, drivers are not married, and no other discounts are factored in.

Are you wasting money paying for full coverage?

There is no definitive rule of when to stop paying for full coverage on your policy, but there is a general school of thought. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let’s say your Mazda CX-7 settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after paying your deductible. If you are paying in excess of $200 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are some conditions where dropping full coverage is not a good idea. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not opt for liability only.

Learn How to Buy Car Insurance at a Discount

Many things are part of the equation when premium rates are determined. Some are pretty understandable such as traffic violations, although some other factors are less apparent such as whether you are married or how financially stable you are. Smart consumers have a good feel for a few of the rating criteria that help determine the rates you pay for car insurance. When consumers understand what positively or negatively impacts your premiums, this allows you to make educated decisions that could help you find better car insurance rates.

The list below includes some of the major factors used by insurance companies to determine premiums.

More performance means more cost – The make and model of the car, truck or SUV you need insurance for makes a huge difference in determining your rates. The cheapest insurance rates are usually for low performance passenger vehicles, but other factors influence the final cost greatly.

The following data assumes a married female driver age 50, full coverage with $500 deductibles, and no discounts or violations. It compares Mazda CX-7 insurance premiums compared to other makes and models that have different performance rating factors.

Married drivers pay less – Getting married may save some money compared to being single. Marriage demonstrates that you tend to be more mature and insurance companies like that married couples file fewer claims.

Drive fewer miles and save – Driving more miles in a year the higher the price you pay to insure it. A lot of insurance companies rate vehicles partially by how you use the vehicle. Cars that are left in the garage qualify for better rates as compared to vehicles used primarily for driving to work. It’s a good idea to make sure your vehicle rating is showing annual mileage. Having an incorrect usage rating on your CX-7 can result in significantly higher rates.

With age comes responsibility – Older people are shown to be more cautious, cause fewer claims and accidents, and usually have better credit. Inexperience drivers are statistically proven to be easily distracted with other occupants in the car so they pay higher car insurance rates.

The chart below uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Women tend to take less risk – Over time, data shows that women are safer drivers than men. This data doesn’t prove that men are WORSE drivers than women. Men and women cause fender benders in similar percentages, but guys cause more damage. Men also statistically receive more costly citations such as DWI and reckless driving.

The example below shows the comparison of Mazda CX-7 yearly insurance costs for male and female drivers. The data assumes no violations or accidents, comprehensive and collision coverage, $500 deductibles, drivers are not married, and no policy discounts are applied.