How to Save on Austin Mazda CX-7 Insurance

Are you burned out from sacrificing other expenses to make your car insurance payment? Your situation is no different than many other vehicle owners in Texas.

Inconceivable but true, over 70% of consumers have stayed with the same insurance company for over three years, and approximately 40% of consumers have never compared car insurance rates at all. Texas insurance shoppers could pocket approximately 70% a year, but most undervalue the rate savings if they replace their high priced policy.

With vehicle owners having so many options for buying lower-cost insurance for a Mazda CX-7 in Austin, it can be impossible to choose the most affordable car insurance provider.

It’s a good idea to get comparison quotes occasionally since prices tend to go up over time. Even if you got the best rate on Mazda CX-7 insurance in Austin a few years ago you will most likely find a better premium rate today. You’ll find quite a bit of inaccurate information about CX-7 insurance on the internet, but we’re going to give you some solid techniques on how to lower your car insurance bill.

Many insurance companies like State Farm, Allstate and GEICO allow you to get insurance quotes on their websites. Comparing prices online for Mazda CX-7 insurance in Austin doesn’t take much effort as you just type in your coverage information into a form. When complete, their system makes automated requests for your credit score and driving record and returns a price quote based on the information you submitted. Being able to quote online for Mazda CX-7 insurance in Austin makes it simple to compare prices and it’s also necessary to perform this step if you are searching for cheaper prices.

In order to find out what other companies charge, compare rate quotes from the providers shown below. If you have your current policy handy, we recommend you duplicate the coverages identical to your current policy. This makes sure you’re receiving rate quotes based on the exact same insurance coverage.

The following companies can provide price quotes in Texas. If multiple companies are shown, we recommend you visit as many as you can to get the best price comparison.

Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Premium amounts do not factor in your specific Austin location which can change auto insurance rates significantly.

An analysis of deductible level

One common question asked by Austin drivers is which deductibles should you choose. The data tables below can help you visualize the differences in premium rates of buying low and high physical damage coverage deductibles. The first pricing table uses a $100 deductible for physical damage and the second set of rates 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-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rate quotes do not factor in zip code location which can alter rates considerably.

Based on the figures above, using a $100 deductible will cost in the ballpark of $41 more each month or $492 annually than buying the higher $1,000 deductible. Because you would pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you normally go more than 22 months between claim filings, you would probably save some money if you choose the higher deductible.

Affordable rates on Mazda CX-7 insurance in Austin with these insurance discounts

Companies that sell car insurance don’t list every discount available very clearly, so the following is a list of some of the best known as well as some of the hidden discounts you could be receiving when you buy Austin auto insurance online.

• Pay Now and Pay Less – By paying your entire bill at once instead of monthly or quarterly installments you may have a lower total premium amount.
• Savings for New Vehicles – Insuring a vehicle that is new is cheaper compared to insuring an older model.
• Discounts for Good Drivers – Accident-free drivers may save up to 50% more than less cautious drivers.
• Defensive Driving Course – Passing a driver safety course is a good idea and can lower rates depending on where you live.
• Paperless Signup – A handful of insurance companies will give a small break get Austin auto insurance on the web.
• Theft Prevention System – Cars equipped with tracking devices and advanced anti-theft systems are stolen with less frequency and therefore earn up to a 10% discount.
• Policy Bundle Discount – When you combine your auto and homeowners insurance and insure them with the same company you could earn a discount of approximately 10% to 15%.
• Employee of Federal Government – Simply working for the federal government may qualify for a discount when you quote Austin auto insurance but check with your company.
• Driver Education Discount – Reduce the cost of insurance for teen drivers by having them take driver’s ed class in high school.

As a footnote on discounts, most of the big mark downs will not be given to the overall cost of the policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like all the discounts add up to a free policy, companies don’t profit that way.

The best insurance companies and a summarized list of policyholder discounts are shown below.

• GEICO has savings for membership and employees, five-year accident-free, air bags, anti-theft, multi-policy, good student, and anti-lock brakes.
• Auto-Owners Insurance discounts include anti-theft, safe driver, multi-policy, air bags, teen driver, company car, and group or association.
• American Family may offer discounts for accident-free, defensive driver, multi-vehicle, bundled insurance, good student, early bird, and Steer into Savings.
• Esurance may have discounts that include Pac-12 alumni, emergency road assistance, Switch & Save, claim free, defensive driver, multi-policy, and online quote.
• Progressive includes discounts for multi-vehicle, online quote discount, online signing, homeowner, multi-policy, and continuous coverage.
• State Farm has discounts for multiple policy, accident-free, good driver, good student, and anti-theft.
• AAA may include discounts for multi-car, good student, pay-in-full, anti-theft, education and occupation, multi-policy, and good driver.

It’s a good idea to ask all the companies the best way to save money. All car insurance discounts may not apply in Austin. If you would like to see a list of insurance companies with significant discounts in Austin, click here to view.

Compare prices but still have a local Austin insurance agency

Many drivers prefer to sit down with an agent and we recommend doing that One of the best bonuses of comparing rates online is that drivers can save money and get cheap rate quotes and still have a local agent.

Upon completion of this quick form, your coverage information is transmitted to companies in Austin who will return price quotes for your car insurance coverage. You don’t have to find an agent due to the fact that quote results will go instantly to you. You can get cheaper car insurance rates without having to waste a lot of time. If you wish to get a price quote from a particular provider, just find their quoting web page and submit a quote form there.

Choosing the best company should depend on more than just the price. These are some questions your agent should answer.

• Will your rates increase after a single accident?
• Does the company use OEM repair parts?
• What insurance companies do they recommend if they are an independent agent?
• Are they able to provide referrals?
• Can they help ensure a fair claim settlement?

When searching for a reputable agency, there are two different types of agents and how they differ in how they quote coverages. Insurance agencies in Austin can be described as either independent agents or exclusive agents.

Exclusive Car Insurance Agents

Agents that choose to be exclusive can only write with one company and examples are AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot compare rates from other companies so you might not find the best rates. They are highly trained on their company’s products which can be an advantage.

Listed below is a short list of exclusive agents in Austin that can give you comparison quotes.

View more agents

Independent Insurance Agents

These agents do not work for one specific company so they have the ability to put coverage with an assortment of companies and find you the best rates. If prices rise, your agent can just switch to a different company and you don’t have to find a new agent. If you need cheaper car insurance rates, you will definitely want to get quotes from at least one independent agent so that you can do a thorough price comparison.

Below are Austin independent insurance agencies willing to provide price quotes.

View more agents

Once you have received good feedback to these questions as well as cheap CX-7 insurance quotes, it’s possible that you found a car insurance agent that can properly insure your vehicles.

Smart Buyers Can Slash Their Insurance Prices

Lots of factors are part of the equation when pricing auto insurance. Most are fairly basic like a motor vehicle report, but other criteria are more obscure such as your marital status or your commute time. Smart consumers have a good feel for some of the factors that are used to determine your premiums. If you have some idea of what determines base rates, this empowers consumers to make smart changes that can help you get cheaper rates.

The items below are a few of the things auto insurance companies consider when setting your rates.

• Premiums can be impacted by your vocation – Did you know that where you work can have an impact on rates? Careers like doctors, business owners and medical professionals tend to pay higher rates than average in part from stressful work requirements and incredibly demanding work hours. Conversely, careers such as actors, engineers and retirees pay lower than average rates.
• Men pay more for insurance – Statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. Women and men get in accidents in similar percentages, but males have costlier accidents. Men also get ticketed for serious violations such as reckless driving. Male drivers age 16 to 19 are the most expensive to insure and therefore are the most expensive to insure.
• Age of drivers impacts rates – Beginning drivers in Texas have a tendency to be inattentive and easily distracted in a vehicle and because of this, their auto insurance rates are much higher. Older insureds are viewed as being more responsible, are lower risk to insure, and get fewer tickets.
• Being married can save you money – Getting married can actually save you money compared to being single. Marriage translates into being more mature and responsible and it’s statistically proven that married drivers tend to file fewer claims.
• Incidental coverages can cost a lot – Insurance policies have a lot of extra add-on coverages you can purchase on your auto insurance policy. Coverage for things like replacement cost coverage, towing, and additional equipment coverage are probably not needed. They may seem good initially, but if you’ve never needed them in the past eliminate them to save money.
• Insurance companies don’t like frequent policy claims – If you file claims often, you should expect much higher rates or policy non-renewal. Insurance companies in Texas give the best rates to people who do not file claims often. Auto insurance is intended for the bigger claims that can’t be paid out-of-pocket.
• Performance impacts insurance premiums – The performance level of the car you drive makes a huge difference in determining your rates. Because the Mazda CX-7 falls in the crossover class, rates will be slightly more when compared to the average rates in Austin. Economy passenger cars receive the most favorable rates, but other factors influence the final cost greatly.

Why you need CX-7 insurance in Texas

Even though Austin CX-7 insurance rates can get expensive, insurance is a good idea for several reasons.

• The majority of states have minimum mandated liability insurance limits which means you are required to carry specific minimum amounts of liability insurance in order to license the vehicle. 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 took out a loan on your vehicle, most banks will have a requirement that you have full coverage to guarantee loan repayment. If you let the policy lapse, the lender may insure your Mazda at a much higher premium rate and force you to pay much more than you were paying before.
• Insurance protects both your assets and your vehicle. It also can pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney in the event you are sued. If mother nature or an accident damages your car, your insurance policy will pay to repair the damage minus the deductible amount.

The benefits of having insurance greatly outweigh the cost, especially for larger claims. But the average American driver overpays as much as $810 a year so you should quote rates once a year at a minimum to save money.

Compare rates regularly to save

Cheaper Mazda CX-7 insurance in Austin is possible both online in addition to local insurance agencies, so you should be comparing quotes from both to get a complete price analysis. There are still a few companies who do not offer rates over the internet and most of the time these smaller providers work with independent agents.

We’ve covered some good ideas how to reduce Mazda CX-7 insurance premium rates online in Austin. The most important thing to understand is the more quotes you get, the higher your chance of finding cheaper Austin auto insurance quotes. Consumers could even find that the most savings is with a smaller regional carrier. They may often insure only within specific states and give better rates compared to the large companies like GEICO and State Farm.

As you shop your coverage around, never buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed comprehensive coverage or liability limits only to find out they didn’t purchase enough coverage. The proper strategy is to buy enough coverage for the lowest cost.

Additional resources

• Insuring a Leased Car (Insurance Information Institute)
• Who Has Affordable Car Insurance for a Toyota 4Runner in Austin? (FAQ)
• Who Has Cheap Austin Auto Insurance Quotes for a Chevrolet Silverado? (FAQ)
• Who Has Cheap Car Insurance Rates for Single Moms in Austin? (FAQ)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
• Pickups fall short in headlight tests (Insurance Institute for Highway Safety)