Want to learn how to find the cheapest Mazda CX-5 insurance in St. Louis? Searching for cheaper insurance for a Mazda CX-5 in Missouri can normally be a lot of work, but you can learn these tips to find lower rates.
There are both good and bad ways to compare auto insurance rates so we're going to tell you the proper way to quote coverages for a Mazda and obtain the lowest possible price either online or from St. Louis insurance agents.
Comparing rates for the cheapest protection in St. Louis is not that difficult. If you already have coverage or are shopping for new coverage, use these techniques to reduce the price you pay without reducing coverage. Drivers just have to know the quickest method to compare price quotes online.
Smart Buyers Know How to Quote Insurance for Less
An important part of buying insurance is that you know the rating factors that help determine the rates you pay for insurance. If you have some idea of what positively or negatively impacts your premiums, this enables you to make decisions that may reward you with lower insurance prices. Lots of factors are part of the calculation when you get a price on insurance. Some are obvious such as traffic violations, but other criteria are more transparent like your continuous coverage or your financial responsibility.
Do you really need to file that policy claims? - Companies in Missouri award the lowest premiums to insureds who only file infrequent claims. If you file claims often, you can look forward to either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for more catastrophic claims.
Liability coverage is critical - Liability insurance provides coverage in the event that a court rules you are at fault for an accident. Liability provides legal defense up to the limits shown on your policy. It is affordable coverage compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
Always keep your coverage in place - Having a gap between insurance policy dates will be a quick way to drive up your policy premiums. In addition to paying higher rates, getting caught without coverage may earn you fines or a revoked license.
Poor credit can mean higher rates - Your credit rating is a big factor in calculating your premium rate. Consumers who have very good credit scores tend to be better drivers and file fewer claims than those with poor credit scores. So if your credit score is not that good, you could potentially save money when insuring your Mazda CX-5 by spending a little time repairing your credit.
Stress out and pay more - Jobs like judges, architects and financial analysts tend to have higher average rates because of high stress levels and incredibly demanding work hours. On the other hand, professions such as professors, historians and the unemployed get better rates.
Lower rates with a multi-policy discount - Some insurance companies apply better rates to policyholders that purchase more than one policy such as combining an auto and homeowners policy. Discounts can add up to 10 percent or more. Even though this discount sounds good, drivers will still want to shop around to guarantee you are still saving the most.
Small coverages can add up - There are many additional coverages that sound like a good idea at the time if you aren't diligent. Add-on coverages like vanishing deductibles, death and dismemberment, and extra equipment coverage may not be needed and are just wasting money. The coverages may be enticing when discussing your needs, but your money might be better spent on other coverage so remove them from your policy.
Mazda CX-5 claim data - Auto insurance companies analyze historical claim data when determining insurance costs. Models that have higher losses will have increased rates. The table below shows the historical loss data for Mazda CX-5 vehicles.
For each insurance policy coverage type, the claim amount for all vehicles, as a total average, is set at 100. Numbers that are below 100 suggest a better than average loss history, while percentage values above 100 point to more frequent losses or a tendency for claims to be larger.
Auto Insurance Loss Data for Mazda CX-5 Models
|Specific Mazda Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Mazda CX-5 4dr 2WD||66||88||85||79||83||76|
|Mazda CX-5 4dr 4WD||71||83||102||79||74||72|
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
The car insurance companies shown below offer quotes in St. Louis, MO. If multiple companies are listed, it's a good idea that you compare several of them in order to get a fair rate comparison.
Buying the right Mazda vehicle insurance in Missouri is an important decision
Even though it's not necessarily cheap to insure a Mazda in St. Louis, insurance is mandatory in Missouri but it also protects more than you think.
- The majority of states have minimum mandated liability insurance limits which means you are required to buy a minimum amount of liability protection in order to get the vehicle licensed. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your vehicle, more than likely the lender will require that you buy full coverage to guarantee loan repayment. If you default on your policy, the bank may buy a policy for your Mazda for a much higher rate and require you to pay the higher price.
- Insurance preserves both your assets and your car. It will also reimburse you for medical expenses for yourself as well as anyone injured by you. Liability coverage also pays for attorney fees and expenses if you cause an accident and are sued. If your Mazda gets damaged, comprehensive and/or collision insurance will pay to repair the damage.
The benefits of insuring your car more than offset the price you pay, particularly when you have a large claim. According to a survey of 1,000 drivers, the average driver is currently overpaying as much as $830 a year so compare rate quotes every year to ensure rates are competitive.
Save money on Mazda CX-5 insurance in St. Louis with these discounts
Companies offering auto insurance don't necessarily list their entire list of discounts very clearly, so the list below details both the well known as well as some of the hidden credits that you can use to lower your rates. If you check and find you aren't receiving every discount available, you could be saving more on your car insurance.
- Life Insurance - If the company offers life insurance, you could get a discount if you purchase a life policy as well.
- Multi-car Discount - Buying insurance for all your vehicles on a single policy can get a discount for every vehicle.
- Student in College - Kids living away from St. Louis attending college and do not have a car may be able to be covered for less.
- Pay Upfront and Save - If paying your policy premium upfront instead of paying each month you could save up to 5%.
- Low Mileage - Maintaining low annual mileage may allow you to get cheaper car insurance rates.
- Discounts for Safe Drivers - Drivers who don't get into accidents may receive a discount up to 45% than drivers with accident claims.
It's important to note that most of the big mark downs will not be given to your bottom line cost. Some only apply to individual premiums such as liability, collision or medical payments. Even though it may seem like you would end up receiving a 100% discount, company stockholders wouldn't be very happy.
To find providers who offer discounts in Missouri, click this link.
Local neighborhood St. Louis car insurance agents
Some consumers would prefer to go talk to an agent and often times that is recommended Insurance agents can make sure you are properly covered and help in the event of a claim. The biggest benefit of comparing insurance prices online is that you can find better rates and still buy from a local agent. Supporting local agencies is definitely important in St. Louis.
To make it easy to find an agent, after completing this quick form, your insurance coverage information is submitted to local insurance agents who will give competitive quotes and help you find cheaper coverage. It simplifies rate comparisons since you won't have to even leave your home since price quotes are sent immediately to your email address. If you wish to compare rates from a specific car insurance provider, feel free to search and find their rate quote page and fill out their quote form.
Different types of St. Louis auto insurance agents
If you are wanting to purchase car insurance from a reliable insurance agency, there are two different types of agencies that you can choose from. Agents in St. Louis are either exclusive or independent (non-exclusive). Both insure your vehicles properly, but it is important to understand the differences because it can impact which agent you choose.
Independent Car Insurance Agents (or Brokers)
Agents that elect to be independent are not employed by any specific company and that gives them the ability to insure through lots of different companies and find the cheapest rate. If your premiums go up, they simply move the coverage in-house without you having to go to a different agency. When shopping rates, you should always contact a few independent agents in order to compare the most rates. Many write coverage with smaller regional carriers who may have lower rates.
Below is a partial list of independent insurance agencies in St. Louis that can give you price quotes.
- A B Agency Insurance
8204 Gravois Rd - St. Louis, MO 63123 - (314) 781-2263 - View Map
- Charles Meyer Insurance Agency
5516 Telegraph Rd - St. Louis, MO 63129 - (314) 894-1313 - View Map
- Charles L. Crane Agency
100 N Broadway #900 - St. Louis, MO 63102 - (314) 241-8700 - View Map
Exclusive Insurance Agents
Agents in the exclusive channel can only write with one company like Farmers Insurance, State Farm, or Allstate. These agents are not able to provide rate quotes from other companies so if the price isn't competitive there isn't much they can do. These agents are well schooled in insurance sales which helps them sell insurance even at higher premiums. Consumers often buy insurance from these agents mostly because of the brand rather than low price.
Shown below is a short list of exclusive agencies in St. Louis who can help you get comparison quotes.
- Angela Rule - State Farm Insurance Agent
5153 Lemay Ferry Rd - St. Louis, MO 63129 - (314) 892-1903 - View Map
- Farmers Insurance - Thomas Coriell
5013 Hampton Ave - St. Louis, MO 63109 - (314) 352-2504 - View Map
- American Family Insurance - Tom Vogel Agency Inc.
4500 Telegraph Rd Ste 201 - St. Louis, MO 63129 - (314) 892-0001 - View Map
Finding a good insurance agent shouldn't rely on just a cheap price. You should also get answers to these questions.
- How much experience to they have in personal lines coverages?
- Which members of your family are coverage by the policy?
- Are they properly licensed to sell insurance in Missouri?
- What insurance company do they write the most business with?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Are aftermarket or OEM parts used to repair vehicles?
- How long has their agency been open in St. Louis?
- Do they write coverage based solely on cost?
Persistent drivers can save
Consumers change insurance companies for a variety of reasons including questionable increases in premium, extreme rates for teen drivers, being labeled a high risk driver or even high rates after DUI convictions. No matter why you want to switch, choosing a new insurance company can be easy and end up saving you some money.
Discount Mazda CX-5 insurance in St. Louis is possible from both online companies and with local St. Louis insurance agents, and you should compare rates from both to have the best rate selection. Some insurance companies may not provide online quoting and most of the time these smaller companies only sell coverage through local independent agents.
As you go through the steps to switch your coverage, it's very important that you do not buy lower coverage limits just to save a few bucks. In too many instances, an insured cut liability coverage limits only to discover later that they should have had better coverage. The goal is to buy the best coverage you can find at the lowest possible cost while not skimping on critical coverages.
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- Side Impact Crash Tests (iihs.org)
- Teen Driver Licensing Information (iihs.org)