The preferred way to find better pricing on car insurance rates in Scottsdale is to do a yearly price comparison from providers in Arizona.
- Take a few minutes and learn about policy coverages and the things you can change to prevent expensive coverage. Many things that increase rates like speeding and a low credit score can be amended by making small lifestyle or driving habit changes. Read the full article for the details to help keep prices low and find overlooked discounts.
- Compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive and State Farm, while independent agencies can quote prices for a wide range of insurance providers.
- Compare the new quotes to your existing policy to determine if you can save on 5 insurance in Scottsdale. If you find better rates and change companies, ensure there is no coverage lapse between policies.
- Notify your company or agent of your intention to cancel your existing policy and submit a down payment along with a signed application to the newly selected company. Once the paperwork is finalized, place the new proof of insurance certificate somewhere easily accessible.
A key point to remember is to try to use similar coverage information on each quote request and and to get prices from as many companies as possible. This ensures a fair price comparison and and a good selection of different prices.
Shockingly, nearly 70% of consumers have stayed with the same insurance company for at least the last four years, and nearly half have never compared auto insurance rates at all. The average driver in Scottsdale can cut their rates by nearly 50% a year by just shopping around, but they underestimate how much savings they would realize if they just switched companies.
Just keep in mind that getting more free quotes provides better odds of finding the best rates.
The companies shown below offer price comparisons in Arizona. To find the best cheap auto insurance in AZ, we suggest you visit two to three different companies to get a more complete price comparison.
Mazda 5 insurance charts and tables
The coverage table shown below highlights different coverage prices for Mazda 5 models. Understanding more about how rate quotes are figured can aid in making informed coverage decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|5 Sport Station Wagon||$142||$202||$334||$20||$100||$798||$67|
|5 Touring Station Wagon||$164||$246||$334||$20||$100||$864||$72|
|5 Grand Touring Station Wagon||$164||$246||$334||$20||$100||$864||$72|
|Get Your Own Custom Quote Go|
Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Information does not factor in specific Scottsdale garaging location which can modify coverage rates significantly.
Difference between liability only and full coverage rates
The example below shows the comparison of Mazda 5 insurance costs with full coverage compared to only the Arizona minimum liability coverage. The data is based on a clean driving record, no at-fault accidents, $500 deductibles, single status, and no discounts are applied to the premium.
Should you buy full coverage or liability only?
There isn’t a steadfast formula of when to eliminate physical damage insurance, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than around 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Mazda 5 replacement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would receive is $7,000 after you pay the deductible. If it’s costing you more than $700 annually for physical damage coverage, then it might be time to buy liability only.
There are some situations where dropping physical damage coverage is not recommended. If you still owe money on your vehicle, you have to keep full coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Why do I need car insurance?
Despite the potentially high cost of Mazda 5 insurance, buying insurance may be required and benefits you in several ways.
- Almost all states have mandatory insurance requirements which means state laws require specific minimum amounts of liability coverage in order to get the vehicle licensed. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you took out a loan on your Mazda, it’s guaranteed your bank will make it mandatory that you have comprehensive coverage to guarantee payment of the loan. If coverage lapses or is canceled, the bank will be required to insure your Mazda at a more expensive rate and require you to reimburse them for it.
- Insurance protects both your Mazda 5 and your personal assets. It will also pay for medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage will also pay attorney fees if you cause an accident and are sued. If your car is damaged in a storm or accident, your policy will pay to restore your vehicle to like-new condition.
The benefits of carrying adequate insurance are definitely more than the cost, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is currently overpaying as much as $810 a year so shop around at every policy renewal to help ensure money is not being wasted.
How You Can Control Mazda 5 Insurance Prices
Smart consumers have a good feel for some of the factors that help determine the level of your policy premiums. When consumers understand what determines base rates, this allows you to make good choices that can help you get big savings.
Shown below are most of the major factors companies use to determine your prices.
Age of drivers impacts prices – Beginning drivers in Arizona have been known to be inattentive when behind the wheel therefore insurance rates are much higher. Having to add a young driver to your policy can break the bank. Older drivers are viewed as being more responsible, cause fewer claims and accidents, and usually have better credit.
The data below is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.
Do females or males drive better? – Over time, data shows that females take fewer risks when driving. This data doesn’t prove that females are better at driving than males. Women and men cause accidents in similar percentages, but the male of the species cause more damage and cost insurance companies more money. They also get more serious tickets such as DWI and reckless driving. Young males cause the most accidents and therefore have the most expensive insurance rates.
The example below compares Mazda 5 insurance costs for male and female drivers. The rates are based on no tickets, no at-fault accidents, full coverage, $250 deductibles, single marital status, and no discounts are taken into consideration.
Marriage equates to better costs – Getting married actually saves money on your insurance policy. It generally demonstrates drivers are less irresponsible and statistics prove married drivers tend to file fewer claims.
Cheaper rates with high comp and collision deductibles – The deductibles you choose define how much you are required to spend out-of-pocket before a claim is paid by your company. Physical damage insurance, also called comprehensive and collision insurance, protects your car from damage. Some examples of claims that would be covered are collision with another vehicle, vandalism, and damage caused by road hazards. The more damage repair cost you’re willing to pay, the better rate you will receive.
Insurance losses for a Mazda 5 – Insurers study historical loss data when determining insurance costs. Vehicles that statistically have a higher amount or frequency of claims will have higher rates for specific coverages. The table shown below demonstrates the insurance loss data for Mazda 5 vehicles.
For each coverage category, the claim probability for all vehicles combined as an average is set at 100. Values below 100 suggest a positive loss record, while numbers above 100 point to more losses or statistically larger losses.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Statistics from IIHS.org for 2013-2015 Model Years
Get cheaper rates with discounts
Some insurers don’t always list their entire list of discounts in a way that’s easy to find, so below is a list both the well known and the more hidden credits that you can use to lower your rates.
- Fewer Miles Equal More Savings – Keeping the miles down on your Mazda could earn substantially lower rates.
- Active Service Discounts – Having a family member in the military may qualify for rate reductions.
- Waiver for an Accident – This one isn’t a discount, but a few companies such as GEICO, Allstate and Liberty Mutual will allow you to have one accident before your rates go up if you have no claims prior to being involved in the accident.
- Auto/Life Discount – Select companies reward you with a discounted car insurance rate on car insurance if you buy auto and life insurance together.
- Smart Student Discounts – This discount may save as much as 25% on a Scottsdale car insurance quote. Many companies even apply the discount to college students well after school through age 25.
- Scottsdale Homeowners Pay Less – Owning a house in Scottsdale may earn you a small savings because owning a home means you have a higher level of financial diligence.
- Bundled Policy Discount – If you can combine your auto and home policy with one company you could earn a discount of up to 20% off your total 5 insurance premium.
- Early Switch Discount – Some car insurance companies give discounts for renewing your policy prior to the expiration date on your current 5 insurance policy. You could save around 10% when you buy Scottsdale car insurance online.
- Anti-theft System – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and will save you 10% or more on 5 insurance in Scottsdale.
- Pay Now and Pay Less – By making one initial payment as opposed to paying monthly you can avoid the installment charge.
One thing to note about discounts is that some of the credits will not apply to the overall cost of the policy. Most only cut specific coverage prices like collision or personal injury protection. So even though you would think adding up those discounts means a free policy, companies don’t profit that way. But all discounts will reduce your policy cost.
The diagram below compares Mazda 5 insurance prices with and without discounts. The premiums are based on a male driver, a clean driving record, no claims, Arizona state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, marriage, safe-driver, multi-car, and claim-free discounts applied.
A list of car insurance companies and some of the premium reductions they offer are included below.
- Esurance offers discounts including renters, Switch & Save, DriveSense, claim free, anti-lock brakes, safety device, and multi-policy.
- The Hartford has discounts for anti-theft, air bag, driver training, good student, vehicle fuel type, and defensive driver.
- AAA may include discounts for pay-in-full, good student, multi-policy, good driver, education and occupation, and anti-theft.
- GEICO has savings for good student, multi-policy, daytime running lights, multi-vehicle, membership and employees, seat belt use, and five-year accident-free.
- State Farm policyholders can earn discounts including multiple policy, good student, anti-theft, driver’s education, and Drive Safe & Save.
If you need affordable Scottsdale car insurance quotes, ask every insurance company which discounts you may be entitled to. Some of the earlier mentioned discounts might not be available to policyholders in every state.
Compare rates but buy from a local neighborhood Scottsdale car insurance agent
Many drivers prefer to get advice from a local agent and we recommend doing that One of the best bonuses of price shopping on the web is you can get the lowest rates and still have an agent to talk to.
Once you complete this quick form, your insurance data is submitted to agents in your area who will give competitive quotes for your business. It makes it easy because there is no need to even leave your home because prices are sent instantly to you. You can get cheaper auto insurance rates without having to waste a lot of time. If you need to get a rate quote from a particular provider, you just need to go to their quote page and complete a quote there.
Finding a good provider requires you to look at more than just a low price. Any agent in Scottsdale should be forthright in answering these questions:
- Do they see any coverage gaps in your plan?
- How many companies do they write for?
- Which insurance company do they prefer to write with?
- Does the agency have a good rating with the Better Business Bureau?
- Is the agent properly licensed in Arizona?
- What insurance companies do they recommend if they are an independent agent?
Pick the best car insurance agent in Scottsdale for you
If you would like to find a reliable agent, it helps to know the two different types of agencies and how they function. Agencies in Scottsdale may be either independent or exclusive depending on the company they work for.
Exclusive Insurance Agents
Exclusive insurance agents can only provide pricing for a single company such as Allstate and State Farm. They are unable to give you multiple price quotes so they have to upsell other benefits. They are trained well on their company’s products and that enables them to sell even at higher rates.
Listed below are exclusive insurance agents in Scottsdale who may provide you with rate quotes.
Agents in the independent channel often have affiliation with several companies so they can quote policies with any number of different companies and potentially find a lower price. If premiums increase, they simply move your policy to a different company without you having to go to a different agency. When comparison shopping, you absolutely need to check rates from a few independent agents to get the best comparison.
Listed below is a list of independent insurance agents in Scottsdale who can help you get price quote information.
Desert Mountain Insurance Services – Medical Malpractice
2918 N 67th Pl – Scottsdale, AZ 85251 – (480) 348-2200 – View Map
Quote more to save more
Throughout this article, we presented a lot of ways to find cheap Mazda 5 insurance in Scottsdale. It’s most important to understand that the more quotes you get, the better likelihood of getting inexpensive Scottsdale car insurance quotes. Drivers may even discover the most savings is with a small mutual company. These companies may only write in your state and offer lower rates as compared to the big name companies such as State Farm and Allstate.
Discount Mazda 5 insurance in Scottsdale can be sourced from both online companies and from local insurance agents, so you should compare both to have the best selection. Some insurance companies do not offer rate quotes online and many times these smaller companies provide coverage only through independent agents.
For more information, feel free to visit these articles:
- Medical Payments Coverage (Liberty Mutual)
- What Insurance is Cheapest for a Honda Accord in Scottsdale? (FAQ)
- Who Has Affordable Car Insurance Rates for Good Drivers in Scottsdale? (FAQ)
- Who Has Cheap Scottsdale Car Insurance for Single Moms? (FAQ)
- Who Has the Cheapest Scottsdale Auto Insurance for a Learners Permit? (FAQ)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- Rental Car Insurance Tips (Insurance Information Institute)
- Understanding Car Crashes Video (iihs.org)