It’s an obvious conclusion that car insurance companies don’t want their policyholders to compare prices. Consumers who shop for lower rates will presumably buy a different policy because they stand a good chance of finding a cheaper policy. Remarkably, a study showed that people who compared prices once a year saved about $850 each year compared to policyholders who never shopped around for cheaper prices.
If finding low prices for Mazda 6 insurance is the reason you’re here, then having an understanding of how to find and compare coverages can make it simple to find affordable coverage.
The preferred way to get cheaper car insurance rates in Aurora is to start comparing prices yearly from insurance carriers who provide car insurance in Colorado.
- Step 1: Try to learn a little about what is in your policy and the measures you can control to prevent rate increases. Many policy risk factors that cause high rates like speeding tickets, accidents and poor credit can be rectified by making minor driving habit or lifestyle changes. Read the full article for tips to prevent expensive rate increases and find overlooked discounts.
- Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from one company like Progressive or State Farm, while agents who are independent can quote prices from multiple insurance companies.
- Step 3: Compare the price quotes to your existing policy to see if a cheaper rate is available. If you can save money, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Give notification to your current company to cancel your current auto insurance policy. Submit a down payment and signed policy application to the newly selected company. Once the application is submitted, put the new proof of insurance certificate with your registration paperwork.
A good tip to remember is to try to use identical limits and deductibles on every price quote and and to get rates from as many companies as you can. Doing this provides a level playing field and the most accurate and complete price analysis.
The quickest method to compare rates for Mazda 6 insurance in Aurora is to know the fact all the major auto insurance companies actually pay money for the chance to provide you with a free rate quote. The only thing you need to do is provide a little information such as the make and model of your vehicles, how much school you completed, if you are currently licensed, and if it has an anti-theft system. Your rating data gets sent immediately to insurance companies and they return quotes instantly to find the best rate.
To find lower lower-cost Mazda 6 insurance rates now, click here and find out if you can get cheaper insurance in Aurora.
The companies shown below provide price quotes in Aurora, CO. To locate cheap car insurance in Aurora, it’s highly recommended you visit two to three different companies to get the cheapest price.
Analysis of coverages
The rate information below highlights estimates of policy rates for Mazda 6 models. Having insight into how auto insurance premiums are determined helps drivers make decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $186 | $354 | $474 | $28 | $142 | $1,184 | $99 |
| 6 I SV 4-Dr Sedan | $186 | $354 | $474 | $28 | $142 | $1,184 | $99 |
| 6 I Touring 4-Dr Sedan | $186 | $354 | $474 | $28 | $142 | $1,184 | $99 |
| 6 I Touring Plus 4-Dr Sedan | $210 | $354 | $474 | $28 | $142 | $1,208 | $101 |
| 6 I Touring Plus 4-Dr Sedan | $210 | $354 | $474 | $28 | $142 | $1,208 | $101 |
| 6 I Grand Touring 4-Dr Sedan | $210 | $416 | $474 | $28 | $142 | $1,270 | $106 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $210 | $416 | $474 | $28 | $142 | $1,270 | $106 |
| 6 S Touring Plus 4-Dr Sedan | $210 | $416 | $474 | $28 | $142 | $1,270 | $106 |
| 6 S Grand Touring 4-Dr Sedan | $210 | $416 | $474 | $28 | $142 | $1,270 | $106 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $210 | $416 | $474 | $28 | $142 | $1,270 | $106 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Estimates do not factor in specific zip code location which can modify rates greatly.
Choosing deductibles
One frequently asked question is how high or low should comp and collision deductibles be. The comparison tables below summarize how much more rates are when you select higher and lower physical damage coverage deductibles. The first pricing table uses a $100 physical damage coverage deductible and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $302 | $546 | $352 | $20 | $106 | $1,351 | $113 |
| 6 I SV 4-Dr Sedan | $302 | $546 | $352 | $20 | $106 | $1,351 | $113 |
| 6 I Touring 4-Dr Sedan | $302 | $546 | $352 | $20 | $106 | $1,351 | $113 |
| 6 I Touring Plus 4-Dr Sedan | $342 | $546 | $352 | $20 | $106 | $1,391 | $116 |
| 6 I Touring Plus 4-Dr Sedan | $342 | $546 | $352 | $20 | $106 | $1,391 | $116 |
| 6 I Grand Touring 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| 6 S Touring Plus 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| 6 S Grand Touring 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $220 | $368 | $352 | $20 | $106 | $1,066 | $89 |
| 6 I SV 4-Dr Sedan | $220 | $368 | $352 | $20 | $106 | $1,066 | $89 |
| 6 I Touring 4-Dr Sedan | $220 | $368 | $352 | $20 | $106 | $1,066 | $89 |
| 6 I Touring Plus 4-Dr Sedan | $250 | $368 | $352 | $20 | $106 | $1,096 | $91 |
| 6 I Touring Plus 4-Dr Sedan | $250 | $368 | $352 | $20 | $106 | $1,096 | $91 |
| 6 I Grand Touring 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| 6 S Touring Plus 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| 6 S Grand Touring 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Prices do not factor in your specific Aurora location which can modify rates noticeably.
Using the premium rates above, we can conclude that using a $100 deductible could cost the average driver approximately $26 more each month or $312 a year than quoting 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 go at least 15 months between claims, you would come out ahead if you choose a higher deductible.
The chart below demonstrates how deductibles and can influence Mazda 6 yearly insurance costs for each different age category. The rate quotes are based on a single female driver, full coverage, and no other discounts are factored in.
Full coverage rates vs. liability-only
The chart below illustrates the difference between Mazda 6 car insurance rates with and without physical damage coverage. The rates are based on no tickets, no at-fault accidents, $500 deductibles, single marital status, and no discounts are applied.
When to eliminate full coverage
There is no exact rule of when to phase out full coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let’s assume your Mazda 6 book value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $4,000 after you pay the deductible. If you are paying more than $400 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.
There are some conditions where eliminating full coverage is not recommended. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
Why car insurance is not optional
Despite the fact that car insurance is not cheap in Aurora, car insurance is required in Colorado but also provides important benefits.
First, just about all states have compulsory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability in order to get the vehicle licensed. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you bought your car with a loan, more than likely the lender will require you to have insurance to guarantee their interest in the vehicle. If you let the policy lapse, the lender may have to buy a policy to insure your Mazda at a more expensive rate and force you to reimburse them the higher price.
Third, car insurance protects both your vehicle and your personal assets. Insurance will pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability insurance also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, your car insurance policy will cover the damage repairs after a deductible is paid.
The benefits of carrying enough insurance more than offset the price you pay, especially when you need to use it. But the average American driver overpays more than $830 a year so it’s recommended you shop around each time the policy renews to help ensure money is not being wasted.
Why You Might Pay Increased Rates in Aurora
The best way to find cheaper car insurance is to take a look at the factors that go into determining the rates you pay for car insurance. If you have some idea of what influences your rates, this allows you to make good choices that may reward you with lower rates.
- Your employer is a factor – Do you work in a high-stress field? Occupations like lawyers, airline pilots, and financial analysts have higher rates than average in part from job stress and lots of time spent at work. On the other hand, professions such as professors, engineers and performers generally pay rates lower than average.
- Getting married can save you money – Your spouse may cut your premiums on your car insurance policy. Having a significant other is viewed as being more financially stable and statistics prove married drivers tend to have fewer serious accidents.
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Men pay more for insurance – Over the last 30 years, statistics show women tend to be less risk to insure than men. However, this does not mean females are better drivers. Both genders tend to get into fender benders in similar numbers, but the male of the species tend to have more serious accidents. In addition to higher claims, males also get higher numbers of serious violations such as reckless driving.
The example below illustrates the comparison of Mazda 6 premium costs for male and female drivers. The data is based on no claims, a clean driving record, full physical damage coverage, $1,000 deductibles, drivers are single, and no policy discounts are applied.
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Cautious drivers pay less – Careful drivers receive lower rates compared to drivers with tickets. Just one citation can boost insurance rates substantially. Drivers who have received dangerous citations like DUI or reckless driving are required to prove financial responsibility with their state’s licensing department in order to legally drive.
The diagram below shows how speeding tickets and at-fault collisions can drive up Mazda 6 insurance prices for different age groups. The information is based on a single male driver, comp and collision included, $100 deductibles, and no discounts are factored in.
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Insurance loss data for a Mazda 6 – Insurers study historical loss data to determine a price that will be profitable for them. Vehicles that are shown to have higher claim frequency or loss amount will be charged more to insure.
The table shown below demonstrates the actual insurance loss data for Mazda 6 vehicles. For each insurance policy coverage type, the loss probability for all vehicles, as a total average, is a value of 100. Numbers below 100 represent a good loss history, while percentage numbers above 100 indicate a higher chance of having a claim or tendency to have larger claims.
Mazda 6 Insurance Loss Statistics Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Mazda 6 99 92 112 94 98 94 BETTERAVERAGEWORSEStatistics from IIHS.org for 2013-2015 Model Years
What insurance coverages do I need?
When quoting and choosing coverage online or from an agent for your vehicles, there really is no one size fits all plan. Each situation is unique so this has to be addressed.
For example, these questions may help you determine whether you could use an agent’s help.
- Is my Mazda 6 covered for smoke damage?
- Does low annual mileage earn a discount?
- Do all my vehicles need collision coverage?
- Do I have coverage if my license is suspended?
- Does my insurance cover damage caused when ticketed for reckless driving?
- I have health insurance so do I need medical payments coverage?
If you’re not sure about those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.
One last note
We’ve covered a lot of information how to shop for Mazda 6 insurance online. The most important thing to understand is the more times you quote, the higher your chance of finding low cost Aurora car insurance quotes. You may even be surprised to find that the best price on auto insurance is with a small local company. Regional companies can often insure niche markets at a lower cost than their larger competitors like State Farm, GEICO and Nationwide.
Some auto insurance companies may not provide online rate quotes and these small insurance companies sell through local independent agencies. Lower-priced auto insurance in Aurora is attainable online as well as from insurance agents, so compare prices from both to have the best rate selection.
Additional auto insurance information is located below:
- Auto Crash Statistics (Insurance Information Institute)
- What Auto Insurance is Cheapest for a Hyundai Sonata in Aurora? (FAQ)
- How Much is Auto Insurance After a Speeding Ticket in Aurora? (FAQ)
- How Much are Auto Insurance Quotes for High Risk Drivers in Aurora? (FAQ)
- Who Has Cheap Auto Insurance for State Employees in Aurora? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Low Income Drivers in Aurora? (FAQ)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- Rental Car Insurance Tips (Insurance Information Institute)
- Think You’re a Safe Driver? (State Farm)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)