Cheapest Mazda 5 Insurance in Atlanta

Have you fallen victim to an expensive auto insurance policy? It’s a common feeling and there are a lot of people in Atlanta just like you who feel imprisoned by their auto insurance policy.

Amazingly, most consumers in Georgia have bought auto insurance from the same company for at least the last four years, and virtually 40% of consumers have never even compared rates from other companies. U.S. consumers could save as much as $859 every year, but they don’t want to take the time to compare rates online.

Big companies like Allstate, Liberty Mutual and State Farm increase brand awareness with fancy advertisements and it can be hard to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.

Smart consumers take time to get comparison quotes before your policy renews due to the fact that insurance rates are rarely the same from one policy term to another. If you had the lowest rate on Mazda 5 insurance in Atlanta last year other companies may now be cheaper. There is a lot of wrong information about 5 insurance on the web, but in a few minutes you can learn a lot of great tips on how to find affordable auto insurance in Atlanta.

If you have car insurance now, you will surely be able to reduce premiums using these techniques. Buying affordable car insurance in Atlanta is really quite simple as long as you have a good starting point. Nevertheless, Georgia car owners can benefit by having an understanding of how the larger insurance companies market on the web and use it to find better rates.

When looking for low cost Atlanta auto insurance quotes, there are a couple ways of comparing rates from many insurance companies in Georgia. By far the easiest way to lower the rate you pay for Mazda 5 insurance is to perform an online rate comparison.

Comparing price quotes online is fast and free, and it takes the place of having to drive around to and from local insurance agencies. The ability to quote Mazda 5 insurance online reduces the need to sit down with an agent unless you require the advice and guidance of a local agent. However, consumers can comparison shop online and still use a local agent. When comparing insurance rates, know that comparing more quotes will improve the odds of getting more affordable insurance.

The companies shown below are our best choices to provide price quotes in Atlanta, GA. If multiple companies are shown, we recommend you visit as many as you can to get a more complete price comparison.

Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Estimates do not factor in the specific area where the vehicle is garaged which can alter coverage prices significantly.

Higher deductibles save money

The hardest decision when buying coverage is what deductibles to buy. The following insurance rates show how much more you’ll pay when you select higher and lower comp and collision deductibles. The first price estimate table uses a $250 deductible and the second set of rates uses a $500 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Georgia minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Rate quotes do not factor in garaging location in Atlanta which can revise coverage rates noticeably.

Using the data above, we can ascertain that using a $250 deductible could cost the average driver approximately $14 more each month or $168 for a full year than quoting the higher $500 deductible. Due to the fact that you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally average at a minimum 18 months between claims, you would most likely save money if you choose a higher deductible. Here’s how you can do this calculation yourself.

One important note is that increasing deductibles to save money means you will have to pay more out-of-pocket at claim time. That will require enough money stashed away in the event you need to pay the deductible for vehicle repair.

Price comparison of only insuring for liability

The illustration below shows the difference between Mazda 5 auto insurance costs with and without full coverage. The premium estimates are based on no claims or driving citations, $250 deductibles, single male driver, and no discounts are applied to the premium.

When to switch to liability coverage only

There is no definitive guideline that is best for determining when to drop physical damage insurance, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then you may need to consider dropping full coverage.

For example, let’s say your Mazda 5 claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after the deductible is paid. If it’s costing you more than $700 a year for physical damage coverage, then it might be time to consider dropping full coverage.

There are some circumstances where buying only liability insurance is not financially feasible. If you still have a lienholder on your title, you are required to maintain full coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Three reasons car insurance is important

Even though it’s not necessarily cheap to insure a Mazda in Atlanta, car insurance is a good idea for several reasons.

First, the majority of states have mandatory insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance coverage in order to get the vehicle licensed. In Georgia these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you took out a loan on your Mazda 5, most lenders will have a requirement that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the lender may insure your Mazda at a more expensive rate and require you to fork over for the expensive policy.

Third, insurance safeguards both your assets and your Mazda. It will also reimburse you for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability coverage will also pay for a defense attorney if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to repair the damage.

The benefits of having insurance more than offset the price you pay, specifically if you ever have a liability claim. The average driver in Georgia is overpaying over $869 every year so compare rates once a year at a minimum to be sure current rates are still competitive.

Take policy discounts and save on Mazda 5 insurance in Atlanta

Insurance is not inexpensive, but there could be significant discounts to help offset the cost. Many discounts should be triggered at quote time, but once in a while a discount must be inquired about before they will apply.

• Paperless Signup – Some insurance companies may give you up to $50 for signing up on their website.
• Safety Restraint Discount – Using a seat belt and requiring all passengers to use a seat belt can save up to 10 percent (depending on the company) off the medical payments premium.
• Theft Prevention System – Vehicles that have factory anti-theft systems help deter theft and will qualify for a discount on a Atlanta auto insurance quote.
• Lower Rates for Military – Having a family member in the military could trigger a small discount.
• Student in College – Children who are attending college and don’t have a car can be insured at a reduced rate.
• Federal Government Employee – Federal government employees may qualify for a discount when you quote Atlanta auto insurance with a few insurance companies.

One last thing about discounts, most credits do not apply to the entire cost. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, you won’t be that lucky.

Larger insurance companies and some of their more popular discounts are outlined below.

• Progressive may offer discounts for multi-policy, good student, continuous coverage, multi-vehicle, and online signing.
• The Hartford may include discounts for vehicle fuel type, defensive driver, good student, driver training, air bag, and bundle.
• Mercury Insurance offers premium reductions for anti-theft, multi-policy, multi-car, age of vehicle, accident-free, low natural disaster claims, and professional/association.
• GEICO may have discounts that include membership and employees, driver training, good student, daytime running lights, and emergency military deployment.
• AAA policyholders can earn discounts including multi-policy, anti-theft, pay-in-full, AAA membership discount, good student, and multi-car.
• State Farm has discounts for accident-free, driver’s education, safe vehicle, student away at school, multiple policy, anti-theft, and good driver.

If you are trying to find inexpensive Atlanta auto insurance quotes, ask every insurance company which discounts can lower your rates. A few discounts might not be offered on policies in your state. To locate insurers with discount insurance rates in Atlanta, click here.

You may require the services of an insurance agency

Many people would rather go talk to an agent and that is recommended in a lot of cases One of the best bonuses of comparing insurance prices online is the fact that you can find the lowest rates and still buy from a local agent.

For easy comparison, once you complete this simple form, the coverage information is emailed to agents in your area who want to provide quotes for your insurance coverage. There is no reason to leave your house due to the fact that quote results will go instantly to you. You can most likely find cheaper rates and work with a local agent. If you wish to get a comparison quote from a specific insurance company, just navigate to their website and submit a quote form there.

Deciding on an company should depend on more than just a low price. Here are some questions to ask:

• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• Do they prorate repair cost based on vehicle mileage?
• Does the agency have a positive business rating?
• Do they receive special compensation for putting your coverage with one company over another?
• Will your rates increase after a single accident?
• Are they properly licensed to sell insurance in Georgia?
• How much experience to they have in personal lines coverages?

If you want to use a reliable insurance agent, there are a couple of types of insurance agents and how they differ in how they quote coverages. Car insurance agents in Atlanta can be categorized as either independent (non-exclusive) or exclusive.

Exclusive Insurance Agents

These agents can only quote rates from one company and examples are Allstate, AAA, Farmers Insurance, and State Farm. They usually cannot compare other company’s rates so if the price isn’t competitive there isn’t much they can do. These agents are usually quite knowledgeable on their company’s products which helps them compete with independent agents.

Listed below are Atlanta exclusive insurance agents that can give you rate quotes.

View more Atlanta agents

Independent Car Insurance Agencies

Independent agents do not work for one specific company and that enables them to quote your coverage with any number of different companies and find you the best rates. To transfer your coverage to a different company, the agent simply finds a different carrier and you stay with the same agent. If you need lower rates, we highly recommend that you contact a few independent agents to maximize your price options.

Shown below are Atlanta independent insurance agents that are able to give price quotes.

View more Atlanta agents

Will just any policy work for me?

When it comes to your policy, there isn’t really a perfect coverage plan. Every situation is different and your policy should reflect that.
Here are some questions about coverages that may help highlight whether your personal situation will benefit from professional help.

• Am I covered if I hit a deer?
• What is the minimum liability in Georgia?
• Is my custom stereo system covered?
• Does my policy cover me if I wreck while driving under the influence?
• Where can I find DUI or SR-22 insurance?
• Why am I required to buy high-risk coverage?
• Will filing a claim cost me more?
• Is my cargo covered for damage or theft?
• Are all vehicle passengers covered by medical payments coverage?
• Does every company file a SR-22 automatically?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

One last thing to lower rates

While you’re price shopping online, you should never buy lower coverage limits just to save a few bucks. In too many instances, an insured cut full coverage only to regret that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy enough coverage at the lowest possible cost.

We’ve covered a lot of tips how to find affordable Mazda 5 insurance in Atlanta. It’s most important to understand that the more you quote Atlanta auto insurance, the better chance you’ll have of finding the cheapest Mazda 5 rate quotes. Consumers could even find that the lowest priced auto insurance comes from a lesser-known regional company. Some small companies can often provide lower rates in certain areas compared to the large companies like Progressive or GEICO.

Budget-conscious Mazda 5 insurance is attainable online and also from your neighborhood Atlanta agents, and you need to comparison shop both in order to have the best chance of saving money. Some auto insurance companies may not offer online quoting and most of the time these smaller providers work with independent agents.

Additional articles

• Where can I buy Insurance? (Insurance Information Institute)
• Who Has the Cheapest Auto Insurance for a Ford Focus in Atlanta? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for Young Drivers in Atlanta? (FAQ)
• How Much is Atlanta Car Insurance for a Chevrolet Silverado? (FAQ)
• How Much is Car Insurance After a Speeding Ticket in Atlanta? (FAQ)
• Shopping for a Safe Car (Insurance Information Institute)
• Rollover Crash FAQ (iihs.org)
• Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
• Understanding Limits and Deductibles (Allstate)