Everyone knows that insurance companies don’t want you comparing rates. People who shop rates annually will probably move their business because there are good odds of finding a more affordable policy. A recent car insurance study discovered that people who made a habit of comparing rates saved about $850 each year compared to policyholders who never compared rates.
If finding the cheapest rates on Mazda 3 insurance in Tucson is your target objective, then having an understanding of the best way to compare insurance rates can make it easier to find better rates.
If you want to save money, the best way to get the cheapest car insurance rates in Tucson is to do a yearly price comparison from different companies in Arizona.
- Step 1: Gain an understanding of what coverages are included in your policy and the measures you can take to prevent rate increases. Many risk factors that drive up the price like tickets, at-fault accidents, and poor credit can be remedied by paying attention to minor details. This article provides instructions to find cheap prices and get additional discounts.
- Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can give quotes from a single company like Progressive or State Farm, while independent agents can give you price quotes from multiple sources. Start a quote
- Step 3: Compare the new quotes to your existing policy to see if switching to a new carrier will save money. If you can save some money and buy the policy, verify that coverage does not lapse between policies.
- Step 4: Give proper notification to your current agent or company of your decision to cancel your existing policy. Submit the signed application along with the required initial payment to the new insurer. As soon as you have the new policy, place the new proof of insurance certificate with your vehicle’s registration.
The most important part of shopping around is to make sure you’re comparing the same physical damage deductibles and liability limits on each price quote and and to get rate quotes from as many auto insurance providers as possible. This ensures a fair rate comparison and the best rate selection.
Choosing the most cost-effective auto insurance policy in Tucson can be made easier if you know where to look. If you are paying for car insurance now, you will surely be able to reduce premiums using these tips. Nevertheless, Arizona drivers must understand how companies market insurance on the web and apply this information to your search.
Just remember that comparing all the rates in your area will improve the odds of getting lower pricing. Some regional insurers cannot provide online rate quotes, so you also need to get quotes from the smaller companies as well.
The providers in the list below have been selected to offer free quotes in Tucson, AZ. If multiple companies are listed, we suggest you click on several of them to get a more complete price comparison.
Mazda 3 insurance analysis
The data table displayed below showcases detailed analysis of insurance prices for Mazda 3 models. Having a good understanding how policy rates are established can assist in making smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $130 | $226 | $308 | $18 | $92 | $774 | $65 |
| 3 I SV 4-Dr Sedan | $130 | $226 | $308 | $18 | $92 | $774 | $65 |
| 3 I Touring 4-Dr Sedan | $130 | $266 | $308 | $18 | $92 | $814 | $68 |
| 3 S Sport 4-Dr Hatchback | $148 | $266 | $308 | $18 | $92 | $832 | $69 |
| 3 S Sport 4-Dr Sedan | $148 | $266 | $308 | $18 | $92 | $832 | $69 |
| 3 S Grand Touring 4-Dr Hatchback | $148 | $266 | $308 | $18 | $92 | $832 | $69 |
| 3 S Grand Touring 4-Dr Sedan | $148 | $266 | $308 | $18 | $92 | $832 | $69 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Prices do not factor in specific location which can revise premiums greatly.
Physical damage deductibles
One of the most common car insurance questions is the level to set your comp and collision deductibles. The data tables below may help to conceptualize the premium difference between high and low deductibles. The first set of prices uses a $100 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $258 | $466 | $300 | $18 | $90 | $1,157 | $96 |
| 3 I SV 4-Dr Sedan | $258 | $466 | $300 | $18 | $90 | $1,157 | $96 |
| 3 I Touring 4-Dr Sedan | $258 | $548 | $300 | $18 | $90 | $1,239 | $103 |
| 3 S Sport 4-Dr Hatchback | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 3 S Sport 4-Dr Sedan | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 3 S Grand Touring 4-Dr Hatchback | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 3 S Grand Touring 4-Dr Sedan | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| 3 I SV 4-Dr Sedan | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| 3 I Touring 4-Dr Sedan | $144 | $290 | $300 | $18 | $90 | $842 | $70 |
| 3 S Sport 4-Dr Hatchback | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 3 S Sport 4-Dr Sedan | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 3 S Grand Touring 4-Dr Hatchback | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 3 S Grand Touring 4-Dr Sedan | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Rate information does not factor in Tucson location which can revise premiums substantially.
Based on this data, using a $100 deductible costs about $33 more each month or $396 for a full year across all Mazda 3 models than selecting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 27 months between claims, you would save more money if you opt for a higher deductible.
How to calculate deductible break even period
| Average monthly premium for $100 deductibles: | $103 |
| Average monthly premium for $1,000 deductibles (subtract): | – $70 |
| Monthly savings from raising deductible: | $33 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $33 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 27 months |
Impact of speeding/accidents on car insurance rates
The example below illustrates how speeding tickets and at-fault fender-benders can drive up Mazda 3 auto insurance costs for each age group. The costs are based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.
Gender-based car insurance premiums
The diagram below shows the difference between Mazda 3 car insurance rates for male and female drivers. The information is based on a clean driving record, no claims, comprehensive and collision coverage, $250 deductibles, single status, and no discounts are applied.
Three reasons to insure your Mazda 3
Despite the fact that car insurance is not cheap in Tucson, insuring your vehicle serves a purpose in several ways.
- Most states have mandatory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability if you drive a vehicle. 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 3, most banks will require you to carry insurance to guarantee payment of the loan. If the policy lapses, the bank may insure your Mazda for a lot more money and force you to reimburse them the higher price.
- Insurance safeguards not only your Mazda 3 but also your financial assets. It also can pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if anyone sues you for causing an accident. If mother nature or an accident damages your car, your car insurance policy will pay to have it repaired.
The benefits of having insurance more than cancel out the cost, specifically if you ever have a liability claim. But the average American driver is overpaying more than $750 every year so we recommend shopping around at every policy renewal to ensure rates are competitive.
Coverage specifics
Having a good grasp of your policy can help you determine which coverages you need for your vehicles. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages available from insurance companies.
Comprehensive insurance – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like a tree branch falling on your vehicle, falling objects, damage from getting keyed and rock chips in glass. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your Mazda 3.
Since many Arizona drivers only carry the minimum required liability limits (Arizona limits are 15/30/10), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Coverage for liability – This coverage can cover damage or injury you incur to other’s property or people. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 15/30/10 that translate to $15,000 bodily injury coverage, a total of $30,000 of bodily injury coverage per accident, and a limit of $10,000 paid for damaged property.
Liability coverage protects against things such as bail bonds, legal defense fees and structural damage. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible. Arizona state minimum liability requirements are 15/30/10 but it’s recommended drivers buy better liability coverage.
The next chart shows why buying the state minimum limits may not be enough.
Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for short-term medical expenses such as pain medications, rehabilitation expenses, chiropractic care, ambulance fees and dental work. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
Collision coverage – Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against things like rolling your car, driving through your garage door and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible on your 3 to get cheaper collision coverage.
What is YOUR best insurance company?
As you quote Tucson car insurance, make sure you don’t skimp on critical coverages to save a buck or two. In too many instances, someone dropped uninsured motorist or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at the lowest possible cost.
In this article, we covered a lot of information how to save on Mazda 3 insurance in Tucson. The most important thing to understand is the more times you quote, the better likelihood of getting cheaper Tucson car insurance quotes. You may even discover the lowest rates are with the smaller companies. Regional companies may often insure only within specific states and give better rates as compared to the big name companies such as Allstate and Progressive.
Some companies may not offer rates over the internet and many times these smaller companies only sell through independent agents. Cheaper auto insurance in Tucson is possible both online and from local insurance agents, so you need to compare both to get a complete price analysis.
Additional auto insurance information can be found on the following sites:
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- How Much are Tucson Car Insurance Rates for a Toyota Highlander? (FAQ)
- How Much is Tucson Auto Insurance for a Honda Civic? (FAQ)
- Distracted Driving Extends Beyond Texting (State Farm)
- Things to Know Before you Cancel Insurance (Allstate)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)