How to Save on Chula Vista Mazda 5 Insurance

The preferred way to find cheaper prices for Mazda 5 insurance is to start comparing prices regularly from different companies who can sell car insurance in Chula Vista.

One thing to remember is to try to compare similar coverage information on each quote and to quote with as many auto insurance providers as possible. Doing this ensures a level playing field and a complete price analysis.

Insurance for Mazda 5It’s a known fact that car insurance companies want to keep you from shopping around. Insureds who compare rates at least once a year are highly likely to buy a different policy because there is a great chance of finding coverage at a cheaper rate. A study discovered that people who made a habit of comparing rate quotes saved an average of $3,400 over four years compared to other drivers who never shopped around for better prices.

If finding the lowest price for car insurance is the reason you’re reading this, knowing how to choose a company and compare cheaper coverage can help you succeed in saving money.

The best way to compare rate quotes for Mazda 5 insurance in Chula Vista is to know the trick most insurance companies allow for online access to give you rate quotes. The one thing you need to do is provide the companies a bit of rating information like if you have a valid license, types of safety features, driver ages, and an estimate of your credit level. Your insurance information is automatically sent to many of the top insurers and you should receive rate quotes very quickly.

If you wish to get multiple quotes for your Mazda 5 now, click here and find out if you can get cheaper insurance in Chula Vista.

The companies in the list below can provide quotes in Chula Vista, CA. If you wish to find cheap car insurance in CA, we suggest you compare several of them to get a more complete price comparison.

Insurance coverage analysis

The premium information shown below showcases estimates of prices for Mazda 5 models. Having a better idea how insurance premiums are established can help you make informed decisions when shopping around for a new policy.

Mazda 5 Insurance Rates in Chula Vista, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
5 Sport Station Wagon $236 $438 $454 $26 $136 $1,290 $108
5 Touring Station Wagon $272 $534 $454 $26 $136 $1,422 $119
5 Grand Touring Station Wagon $272 $534 $454 $26 $136 $1,422 $119
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Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Estimates do not factor in your specific Chula Vista location which can impact coverage rates greatly.

Physical damage deductibles: Should you raise them?

One of the hardest decisions when shopping for insurance is how high should your deductibles be. The tables below can help you visualize the rate difference when you buy lower versus higher physical damage deductibles. The first data table uses a $100 physical damage coverage deductible and the second price grid uses a $1,000 deductible.

Mazda 5 insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
5 Sport Station Wagon $332 $564 $376 $22 $112 $1,431 $119
5 Touring Station Wagon $380 $686 $376 $22 $112 $1,601 $133
5 Grand Touring Station Wagon $380 $686 $376 $22 $112 $1,601 $133
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Mazda 5 insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
5 Sport Station Wagon $184 $298 $376 $22 $112 $992 $83
5 Touring Station Wagon $210 $362 $376 $22 $112 $1,082 $90
5 Grand Touring Station Wagon $210 $362 $376 $22 $112 $1,082 $90
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Information does not factor in specific zip code location which can revise insurance rates greatly.

Using the data above, we can ascertain that using a $100 deductible will cost in the ballpark of $40 more each month or $480 every year than selecting the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you have more than 23 months between claim filings, you would come out ahead if you choose the higher deductible.

How to determine if higher deductibles are a good idea

Average monthly premium for $100 deductibles: $128
Average monthly premium for $1,000 deductibles (subtract): – $88
Monthly savings from raising deductible: $40
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $40
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

An important thing to remember is that raising deductibles to save money means you will have to pay more out-of-pocket when you file a claim. You must have enough money stashed away in the event you have to pay the deductible.

How careless driving impacts insurance rates

The diagram below illustrates how traffic citations and at-fault accidents increase Mazda 5 insurance rates for different categories of driver ages. The price estimates are based on a married male driver, comp and collision included, $100 deductibles, and no other discounts are factored in.

Lower Your Chula Vista Insurance Costs

An important part of buying insurance is that you know the different types of things that aid in calculating the price you pay for auto insurance. If you have some idea of what determines base rates, this helps enable you to make changes that can earn you lower auto insurance prices.

With age comes lower costs – Teenage drivers in California tend to be more careless when driving and because of this, their auto insurance rates are much higher. Mature drivers are more cautious drivers, tend to cause fewer accidents, and are safer drivers.

The data below is based on a single driver, full coverage with $500 deductibles, and no discounts or violations.

Keep claims to a minimum – If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Auto insurance companies in California give the lowest premiums to people who are not frequent claim filers. Your insurance policy is intended to be relied upon for the large, substantial claims.

Cheaper rates by combining – Most insurance companies allow discounts to buyers who consolidate policies with them. It’s known as a multi-policy discount. Even if you already get this discount, you may still want to compare Mazda 5 rates in Chula Vista to confirm you are receiving the best rates possible. Drivers may still find lower rates by buying from different companies

Do you work long hours in a demanding employer? – Occupational choices like military generals, airline pilots, and stock brokers usually pay higher rates than average because of intense work situations and extremely grueling work hours. Other jobs such as scientists, athletes and retirees generally pay rates lower than average.

City traffic equals higher premiums – Residing in smaller towns and rural areas of the country is a positive aspect if you are looking for the lowest rates. People in densely populated areas have to deal with much more traffic and more time behind the wheel. Less people living in that area means reduced accidents and also fewer theft and vandalism claims.

Is your vehicle theft-ready? – Owning a car with an alarm system can help lower your premiums. Theft prevention features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop auto theft.

Insurance loss statistics a Mazda 5 – Auto insurance companies use historical loss data to calculate a price that offsets possible losses. Models that are shown to have higher losses will have a higher premium rate.

The data below shows the compiled insurance loss statistics for Mazda 5 vehicles. For each policy coverage, the claim amount for all vehicles averaged together is represented as 100. Percentage values below 100 suggest a positive loss record, while values that are above 100 indicate higher probability of having a loss or an increased chance of a larger loss.

Insurance Loss Ratings for Mazda 5 Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Mazda 5 86 86 73 103 95 91

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Three reasons to not skimp on auto insurance

Despite the high cost of buying insurance for a Mazda 5 in Chula Vista, insurance may be required and benefits you in several ways.

The benefits of insuring your 5 greatly outweigh the cost, particularly when you have a large claim. As of last year, the average driver in California is overpaying more than $820 a year so shop around each time the policy renews to ensure rates are competitive.

Auto insurance company ratings

Buying coverage from the best car insurance company is hard considering how many companies sell insurance in Chula Vista. The company rank data in the next section may help you decide which auto insurance companies to look at comparing rates from.

Top 10 Chula Vista Car Insurance Companies Ranked by Customer Service

  1. AAA of Southern California
  2. GEICO
  3. State Farm
  4. The Hartford
  5. Mercury Insurance
  6. The General
  7. Progressive
  8. Allstate
  9. AAA Insurance
  10. American Family

Top 10 Chula Vista Car Insurance Companies Ranked by Customer Satisfaction

  1. Titan Insurance – 95%
  2. USAA – 94%
  3. AAA of Southern California – 92%
  4. AAA Insurance – 91%
  5. Nationwide – 90%
  6. State Farm – 90%
  7. The Hartford – 89%
  8. GEICO – 89%
  9. The General – 88%
  10. 21st Century – 88%