Compare Mazda CX-7 Insurance Quotes in Philadelphia

How many times have you told yourself to find more affordable Mazda CX-7 insurance in Philadelphia? Nobody that owns a car loves paying for auto insurance, in particular when their premiums are through the roof.

Sad but true, a large majority of auto insurance policyholders kept buying from the same company for more than four years, and nearly the majority have never compared auto insurance rates at all. Most drivers in Philadelphia can save roughly 55% each year by just shopping around, but most undervalue how much they could save if they bought a different policy. Due to the fact that there are so many choices of insurance companies that have cheap insurance for a Mazda CX-7 in Philadelphia, it can be difficult for people to pick the best insurer.

It’s a good idea to check auto insurance prices quite often because insurance prices are adjusted regularly by insurance companies. If you had the best deal on Mazda CX-7 insurance in Philadelphia two years ago the chances are good that you can find a lower rate quote today. Block out anything you think you know about auto insurance because we’re going to demonstrate the fastest way to properly buy coverages while reducing your premium.

Finding the cheapest car insurance coverage in Philadelphia is really quite simple as long as you have a good starting point. If you have a policy now or need new coverage, you can use these techniques to buy cheaper car insurance while maintaining coverages. Consumers only need an understanding of the best way to compare company rates from many companies at once.

Don’t neglect these money saving discounts

Properly insuring your vehicles can get expensive, but there are discounts available that can dramatically reduce your bill. Some of these discounts will be visible at the time of purchase, but a few must be specially asked for prior to receiving the credit.

• Discounts for Safe Drivers – Safe drivers may save up to 50% more compared to rates paid by drivers with frequent claims.
• Senior Citizen Rates – Drivers over the age of 55 are able to get better car insurance rates.
• Paper-free Discount – Certain larger companies will provide an incentive for buying your policy over the internet.
• Home Ownership Discount – Owning a house in Philadelphia can save a few bucks due to the fact that maintaining a home demonstrates responsibility.
• Membership in Organizations – Having an affiliation with specific professional or occupational memberships or organizations can get you a small discount when getting a Philadelphia car insurance quote.

One last thing about discounts, many deductions do not apply to the entire policy premium. Some only apply to specific coverage prices like comp or med pay. Just because it seems like you would end up receiving a 100% discount, it doesn’t quite work that way.

The example below compares Mazda CX-7 auto insurance rates with and without discounts being applied to the rates. The data assumes a male driver, no tickets, no at-fault accidents, Pennsylvania state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, marriage, claim-free, multi-car, and safe-driver discounts applied.

A few popular companies and a partial list of their discounts are included below.

• GEICO offers premium reductions for air bags, anti-theft, military active duty, anti-lock brakes, and multi-vehicle.
• Travelers has savings for save driver, IntelliDrive, student away at school, driver training, hybrid/electric vehicle, and multi-car.
• Nationwide may include discounts for easy pay, accident-free, Farm Bureau membership, anti-theft, family plan, and defensive driving.
• Farmers Insurance discounts include alternative fuel, teen driver, homeowner, early shopping, electronic funds transfer, and business and professional.
• Esurance may have discounts that include emergency road assistance, multi-car, anti-lock brakes, good driver, and anti-theft.
• State Farm has discounts for Steer Clear safe driver discount, passive restraint, driver’s education, accident-free, anti-theft, and good student.
• Progressive includes discounts for online quote discount, online signing, good student, multi-policy, homeowner, continuous coverage, and multi-vehicle.
• Mercury Insurance offers discounts including annual mileage, low natural disaster claims, multi-policy, accident-free, and anti-theft.

Double check with every insurance company which credits you are entitled to. All car insurance discounts might not apply in Philadelphia. To see a list of companies offering car insurance discounts in Philadelphia, follow this link.

How to get Philadelphia Mazda CX-7 insurance rate quotes

Getting a cheaper price on insurance can be relatively painless. The only thing you need to do is take a few minutes to get quotes to find out which insurance company has low cost Philadelphia car insurance quotes.

Doing online quotes comparisons is so easy that it takes the place of having to call or drive to local Philadelphia insurance agencies. Comparing online rate quotes makes this process obsolete unless you want the trained guidance only provided by licensed Philadelphia agents. Although you can obtain prices from the web but have a local agent actually write the policy.

The companies in the list below can provide price quotes in Philadelphia, PA. If multiple companies are listed, we suggest you click on several of them to get the lowest price.

Mazda CX-7 insurance coverage information

The price information below covers estimates of insurance prices for Mazda CX-7 models. Having a better idea how insurance policy rates are determined can be valuable when making smart policy decisions.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Prices do not factor in garaging location in Philadelphia which can revise auto insurance rates noticeably.

An analysis of deductible level

One of the hardest decisions when shopping for car insurance is where should you set your physical damage deductibles. The following tables summarize the rate difference between low and high insurance deductibles. The first rate quote example uses a $100 deductible for physical damage and the second price table uses a $500 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Rate information does not factor in Philadelphia location which can alter price quotes considerably.

Using the premium rates above, we can conclude that using a $100 deductible costs roughly $24 more each month or $288 for a full year across all Mazda CX-7 models than selecting the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at least 17 months between claim filings, you would save money by going with a higher deductible. The illustration below shows an example of how this calculation is made.

Full coverage versus liability only rates

The diagram below illustrates the difference between Mazda CX-7 annual premium costs with full physical damage coverage and with liability coverage only. The rate quotes are based on no tickets, no at-fault accidents, $100 deductibles, single marital status, and no other discounts are factored in.

Guidelines for dropping full coverage

There is no definitive guideline of when to eliminate full coverage, but there is a general guideline you can use. If the annual cost of coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.

For example, let’s assume your Mazda CX-7 book value is $7,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $6,000 after the deductible is paid. If you are currently paying more than $600 a year to have full coverage, then you may need to consider dropping full coverage.

There are a few cases where buying only liability insurance is not advised. If you haven’t paid off your loan, you have to maintain full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.

How to Lower Your Insurance Costs

One of the most helpful ways to save on insurance is to to have a grasp of some of the factors that come into play when calculating the rates you pay for insurance. When you know what positively or negatively impacts premium levels, this allows you to make educated decisions that may reward you with lower premium levels. Multiple criteria are used when premium rates are determined. Some are obvious like an MVR report, but other criteria are not as apparent such as whether you are married and annual miles driven.

Accidents mean higher costs – Even one chargeable violation can boost insurance rates to the point where it’s not affordable. Good drivers pay lower auto insurance prices as compared to careless drivers. Drivers who have received serious citations such as reckless driving or DUI may be required to maintain a SR-22 with the DMV in their state in order to keep their license.

The diagram below demonstrates how traffic citations and at-fault fender-benders can increase Mazda CX-7 auto insurance rates for each different age group. The data is based on a married male driver, full coverage, $250 deductibles, and no discounts are applied.

Prices also based on gender – Over time, data shows that females take fewer risks when driving. However, this does not mean women are better drivers. Females and males are in at-fault accidents in similar numbers, but men tend to have more serious accidents. Not only are claims higher, but men have more aggressive citations like DUI and reckless driving. Male drivers age 16 to 19 have the highest risk to insure and therefore pay the highest rates.

The information below illustrates the difference between Mazda CX-7 insurance rates for male and female drivers. The premiums assume no violations or claims, full coverage, $1,000 deductibles, single marital status, and no discounts are applied.

Insurance policy lapses increase rates – Having an insurance coverage lapse is a guaranteed way to increase your renewal premiums. Not only will rates go up, not being able to provide proof of insurance will get you a revoked license or a big fine.

Pay more if you have a long commute – Being located in areas with lower population is a good thing when trying to find low car insurance rates. Fewer drivers means fewer accidents. Drivers in populated Pennsylvania areas tend to have much more traffic and more severe claims. Higher commute times statistically corresponds to a higher accident and claim rate.

Drive lots and pay more – Driving more miles in a year’s time the higher the price you pay to insure it. Many insurance companies price each vehicle’s coverage based upon how you use the vehicle. Cars and trucks not used for work or commuting cost less to insure than cars that get driven a lot. Make sure your insurance coverage properly reflects annual mileage. Having the wrong rating on your CX-7 is just wasting money.

Insure your auto and home with one company – The majority of companies apply lower prices to buyers that have more than one policy, otherwise known as a multi-policy discount. This can amount to ten percent or more. Even if you qualify for this discount already, drivers will still want to compare other Philadelphia CX-7 insurance rates to help ensure you have the lowest rates.

Little extras can really add up – There are a ton of extra coverages that can add up when buying insurance. Add-on coverages like rental car reimbursement, accident forgiveness, and Farm Bureau memberships are examples of these. These coverages may sound good when you first buy your policy, but if they’re wasting money eliminate them to save money.

Raising deductibles lowers prices – Protection for physical damage, otherwise known as comp (or other than collision) and collision, helps pay for damage to your vehicle. Some examples of covered claims are a broken windshield, collision with an animal, and windstorm damage. Deductibles for physical damage define the amount you are required to pay if a claim is determined to be covered. The higher the amount you are required to pay out-of-pocket, the lower your rates will be.

Do I just need basic coverages?

When it comes to coverage, there is no cookie cutter policy. Every situation is different and your car insurance should be unique as well. These are some specific questions may help you determine if your situation may require specific advice.

• What is no-fault insurance?
• Can I afford to pay high deductible claims out of pocket?
• What is medical payments coverage?
• What vehicles should carry emergency assistance coverage?
• Am I covered if I hit my neighbor’s mailbox?
• What should my uninsured motorist coverage limits be in Pennsylvania?
• Is my vehicle covered by my employer’s policy when using it for work?
• Why am I required to buy liability insurance?
• When should I not file a claim?
• Am I insured when driving a different vehicle?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, free and can help protect your family.

When to get advice from a local insurance agent

A lot of people would prefer to sit down and talk to an agent and there is nothing wrong with that. Agents are trained risk managers and help file insurance claims. A nice benefit of comparing insurance prices online is the fact that drivers can get better rates and still buy from a local agent.

To help locate an agent, after submitting this form (opens in new window), the coverage information gets sent to insurance agents in Philadelphia who will give competitive quotes for your auto insurance coverage. There is no need to contact an agency because prices are sent straight to your inbox. If you want to get a price quote from a particular provider, you just need to visit that company’s website and submit a quote form there.

Selecting an company is decision based upon more than just the bottom line cost. Here are some questions to ask:

• Is the agent CPCU or CIC certified?
• How does the company pay claims for a total loss?
• If you have an accident, will your rates go up?
• How experienced are they in personal risk management?
• If you are a high risk driver, do they have special markets for your coverage?
• By raising physical damage deductibles, how much would you save?
• Are they in the agency full-time?

How to choose the best car insurance agent in Philadelphia

If you are searching for a local insurance agency, there are two different types of agents and how they are slightly different. Auto insurance agencies can either be independent agents or exclusive agents depending on their employer. Either one can do a good job, but it is important to understand the difference in how they write coverage since it may influence which agent you choose.

Exclusive Insurance Agents

Exclusive agents normally can only provide a single company’s rates such as State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents are unable to place coverage with different providers so always compare other rates. Exclusive agents receive extensive training on what they offer which aids in selling service over price.

Below are exclusive insurance agents in Philadelphia who may provide you with rate quotes.

View more Philadelphia agents

Independent Auto Insurance Agencies

Agents that elect to be independent are not employed by any specific company so they have the ability to put coverage with multiple insurance companies and get you the best rates possible. If your agent finds better pricing, your agent can switch companies which is easy for the insured. When comparing rate quotes, you definitely need to include price quotes from several independent agencies to get the best comparison.

Listed below is a list of independent agencies in Philadelphia who can help you get price quote information.

View more Philadelphia agents

After you get acceptable answers to your questions and a good coverage price, you may have just found an insurance agent that is reliable enough to insure your vehicles. Just remember it’s your coverage and you can cancel a policy when you choose so don’t think that you’re stuck with any specific agency for any length of time.

Insurance is not optional in Pennsylvania

Despite the high cost, insurance is required in Pennsylvania but also provides important benefits.

• The majority of states have compulsory liability insurance requirements which means you are required to buy a minimum amount of liability coverage if you drive a vehicle. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you have a loan on your Mazda, it’s guaranteed your bank will force you to have comprehensive coverage to guarantee their interest in the vehicle. If you let the policy lapse, the bank may buy a policy for your Mazda at a significantly higher premium and require you to pay for it.
• Insurance protects both your Mazda and your personal assets. It also can pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, your insurance policy will pay all costs to repair after the deductible has been paid.

The benefits of buying insurance greatly outweigh the cost, especially when you need to use it. According to a recent study, the average American driver overpays as much as $800 each year so we recommend shopping around each time the policy renews to ensure rates are inline.

What is YOUR best insurance company?

While you’re price shopping online, do not reduce needed coverages to save money. Too many times, an insured cut full coverage only to find out they didn’t have enough coverage. The aim is to find the BEST coverage for the lowest cost, but do not skimp to save money.

Cheap Mazda CX-7 insurance in Philadelphia is available both online in addition to local insurance agencies, and you should compare price quotes from both in order to have the best price selection to choose from. A few companies do not offer the ability to get quotes online and usually these small insurance companies prefer to sell through independent agents.

For more information, feel free to browse the following helpful articles:

• Auto Insurance for Teen Drivers (Insurance Information Institute)
• Who Has Affordable Philadelphia Auto Insurance Quotes for Uber Drivers? (FAQ)
• Who Has Affordable Car Insurance Quotes for Drivers Over Age 70 in Philadelphia? (FAQ)
• Who Has the Cheapest Auto Insurance for Welfare Recipients in Philadelphia? (FAQ)
• What to do at the Scene of an Accident (Insurance Information Institute)
• How Can I Save Money on Auto Insurance? (Insurance Information Institute)