Auto Insurance Quotes for a Mazda 6 in Oklahoma City

Has it been a year or more since you last compared quotes for more competitive car insurance rates in Oklahoma City, OK? Oklahoma City shoppers have lots of choices when shopping for the lowest priced Mazda 6 insurance. They can either waste time contacting agents getting price quotes or save time using the internet to make rate comparisons. There are more efficient ways to buy car insurance and we’ll show you the quickest way to compare rates for a new or used Mazda and locate the best price possible from both online companies and Oklahoma City agents.

Unimaginable but true, most Oklahoma car insurance customers have remained with the same car insurance company for four years or more, and approximately 38% of consumers have never shopped around. With the average car insurance premium being $1,847, American drivers can cut their rates by 47% a year just by getting comparison quotes, but they don’t believe how much money they would save if they just switched companies.

It’s a good habit to take a look at other company’s rates occasionally because car insurance rates change regularly. Just because you had the lowest premium rates on Mazda 6 insurance in Oklahoma City a few years ago the chances are good that you can find a lower price today. Ignore everything you know about car insurance because you’re about to learn how to quote online to lower your annual insurance bill.

Low Cost auto insurance in Oklahoma City, OK

The companies in the list below are ready to provide price comparisons in Oklahoma. If several companies are displayed, we suggest you compare several of them in order to find the most competitive rates.

Premium rates and analysis

The coverage table below outlines estimates of prices for Mazda 6 models. Understanding more about how car insurance prices are calculated is important for you to make smart buying decisions.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Price information does not factor in specific Oklahoma City garaging location which can modify rates significantly.

Physical damage deductibles: Should you raise them?

One common question asked by Oklahoma City drivers is at what level do you set your deductibles. The comparison tables below may help you to understand the premium difference when you choose different physical damage deductibles. The first rate estimation uses a $100 physical damage deductible and the second price chart uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Price estimates do not factor in your specific Oklahoma City location which can decrease or increase price quotes considerably.

Using the premium rates above, we can conclude that using a $100 deductible would cost the average driver about $47 more each month or $564 every year than choosing the higher $1,000 deductible. Since you would pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average at a minimum 19 months between claim filings, you would probably save some money if you elect the higher deductible.

The diagram below shows how choosing a deductible and can impact Mazda 6 insurance costs for different age categories. The price estimates are based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.

Safe drivers pay less for insurance

The diagram below demonstrates how traffic citations and accident claims can raise Mazda 6 insurance premiums for different age groups. The data assumes a married female driver, full coverage, $500 deductibles, and no discounts are factored in.

Does full coverage make sense?

The diagram below illustrates the difference between Mazda 6 insurance costs when comparing full coverage to liability only. The premiums assume no accidents, no driving violations, $100 deductibles, single status, and no additional discounts are factored in.

When to drop comp and collision

There isn’t a written rule for eliminating comp and collision coverage, but there is a general convention. If the annual cost of having full coverage is about 10% or more of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let’s say your Mazda 6 book value is $6,000 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 $5,000 after paying your deductible. If it’s costing in excess of $500 a year for physical damage 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 owe a portion of the original loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should maintain full coverage.

Save a ton on Mazda 6 insurance in Oklahoma City with these discounts

Not many people think insurance is cheap, but you may qualify for discounts that many people don’t even know exist. Most are applied when you complete an application, but occasionally some discounts must be specially asked for before you will receive the discount.

• Discounts for Federal Employees – Active or former government employment could cut as much as 10% off with select insurance companies.
• Own a Home and Save – Owning your own home or condo may earn you a small savings because it shows financial diligence.
• Use Seat Belts – Requiring all passengers to buckle up before driving can save 10% or more off the medical payments premium.
• Low Mileage Discounts – Driving fewer miles could be rewarded with substantially lower insurance rates.
• Distant Student Discount – College-age children who are enrolled in higher education away from home and do not have access to a covered vehicle can be insured at a reduced rate.
• Early Payment Discounts – If you pay your bill all at once rather than paying monthly you may have a lower total premium amount.
• Drivers Education – It’s a good idea to have your young drivers enroll and complete driver’s education if offered at their school.
• Defensive Driver Discounts – Taking time to complete a course in safe driver could possibly earn you a 5% discount and also improve your driving technique.
• Senior Citizen Rates – If you qualify as a senior citizen, you are able to get a discount up to 10%.
• Air Bags and Passive Restraints – Options like air bags or automatic seat belts may get savings of up to 25% or more.

A little disclaimer on discounts, most of the big mark downs will not be given to the whole policy. Most only apply to the cost of specific coverages such as medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, insurance companies aren’t that generous. Any amount of discount will reduce the cost of your policy.

The example below illustrates the comparison of Mazda 6 annual premium costs with and without some available policy discounts. Data assumes a female driver, no violations or accidents, Oklahoma state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-policy, marriage, claim-free, and multi-car discounts applied.

Some companies who may offer some of the discounts shown above may include but are not limited to:

• GEICO
• Travelers
• Farm Bureau
• Liberty Mutual
• American Family
• Progressive

When quoting, ask every prospective company how many discounts you can get. Some of the discounts discussed earlier might not be available to policyholders in Oklahoma City. To view companies that offer many of these discounts in Oklahoma, click here.

Five Tips to Get Cheaper Oklahoma City Insurance Premiums

Many different elements are taken into consideration when you quote your car insurance policy. A few of the factors are predictable like your driving record, but other criteria are less apparent such as your marital status or your vehicle rating. Smart consumers have a good feel for a few of the rating criteria that are used to determine the level of your policy premiums. If you know what positively or negatively impacts your premiums, this helps enable you to make changes that can help you get lower rates.

• Does car insurance cost more for males? – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that males are worse at driving than females. Both sexes cause fender benders in similar numbers, but the men tend to have higher claims. In addition to higher claims, males also have more aggressive citations like DUI and reckless driving. Teenage male drivers are the most expensive to insure and are penalized with high insurance rates.

  The diagram below visualizes the comparison of Mazda 6 insurance costs for male and female drivers. The data assumes no claims, a clean driving record, comp and collision included, $1,000 deductibles, drivers are single, and no discounts are factored in.

• Insure car and home with the same company – Some insurance companies afford discounts to policyholders that have more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare other Oklahoma City 6 insurance rates to confirm you are receiving the best rates possible. Consumers may save money by buying from different companies
• Pay less if you’re married – Getting married may cut your premiums when buying insurance. Marriage demonstrates that you tend to be more stable financially it has been statistically shown that drivers who are married are more cautious.
• Amount of liability – The liability section of your policy provides coverage in the event that a court rules you are at fault for an accident. Liability provides legal defense to defend your case. Liability insurance is quite affordable compared to comp and collision, so insureds should have plenty of protection for their assets.
• Raise coverage deductibles and save – Comp and collision deductibles are the amount of money you are willing to pay out-of-pocket before your insurance pays a claim. Physical damage insurance, also called ‘full coverage’, insures against damage to your car. A few examples of covered claims are colliding with a stationary object, animal collisions, and having a roll-over accident. The higher the amount you pay before a claim is paid (deductible), the better rate you will receive.

• Insurance loss probability for a Mazda 6 – Companies use data from past claims when setting premium rates. Models that statistically have high amounts or severity of claims will be charged more to insure.

  The table below illustrates the insurance loss data for Mazda 6 vehicles. For each type of coverage, the loss probability for all vehicles, as a total average, is represented as 100. Percentage numbers below 100 are indicative of better than average losses, while percentages above 100 indicate frequent claims or an increased chance of larger losses than average.

  
  

  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

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

You may require the services of an insurance agency

Certain consumers just prefer to have an agent’s advice and doing so can bring peace of mind Experienced insurance agents can help you choose the best coverages and help file insurance claims. One of the best bonuses of getting free rate quotes online is the fact that drivers can get lower rates but still work with a licensed agent.

To help locate an agent, after submitting this short form, your coverage information is transmitted to local insurance agents in Oklahoma City that provide free Oklahoma City auto insurance quotes for your auto insurance coverage. It simplifies rate comparisons since you won’t have to contact any agents because quoted prices will be sent directly to your email. In the event you want to get a comparison quote from a particular provider, you just need to visit that company’s website and fill out the quote form the provide.

Picking an insurer should depend on more than just a cheap price. Below are some questions you should ask.

• Is assistance available after office hours?
• Do clients work directly with the agent or are most inquiries handled by a CSR?
• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• Will they give you a referral list?
• Is the agency involved in supporting local community causes?
• How often do they review policy coverages?
• Is there any savings for paying the full premium?

Car insurance company ratings

Buying coverage from a high-quality insurance provider can be difficult considering how many different insurance companies sell coverage in Oklahoma. The company rank data below may help you pick which insurers you want to consider to insure your vehicles.

Top 10 Oklahoma City Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 91%
2. AAA Insurance – 90%
3. Esurance – 90%
4. Mercury Insurance – 89%
5. Nationwide – 89%
6. Travelers – 88%
7. Progressive – 88%
8. Safeco Insurance – 88%
9. State Farm – 88%
10. Allstate – 88%

One last thing about your coverage

People who switch companies do it for a number of reasons such as not issuing a premium refund, lack of trust in their agent, unfair underwriting practices and policy cancellation. It doesn’t matter why you want to switch finding a great new company is pretty simple and you could end up saving a buck or two.

A few companies do not provide online rate quotes and these smaller companies provide coverage only through local independent agents. Cheap Mazda 6 insurance in Oklahoma City is available online in addition to local insurance agencies, and you should compare rates from both to have the best chance of lowering rates.

In this article, we covered many tips how you can reduce Mazda 6 insurance prices online in Oklahoma City. The key thing to remember is the more companies you get rates for, the better your chances of lowering your rates. You may even find the best prices are with a company that doesn’t do a lot of advertising.

Steps to finding cheaper Mazda 6 insurance in Oklahoma City

Truthfully, the best way to get more affordable Mazda 6 insurance in Oklahoma City is to compare quotes once a year from different companies in Oklahoma. Rates can be compared by completing these steps.

1. It will benefit you to learn about the different coverages in a policy and the changes you can make to keep rates in check. Many rating criteria that increase rates such as accidents, traffic violations, and a not-so-good credit rating can be amended by making minor driving habit or lifestyle changes.
2. Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like GEICO and Allstate, while independent agents can give you price quotes for a wide range of insurance providers.
3. Compare the quotes to your current policy premium and see if there is a cheaper rate in Oklahoma City. If you find better rates and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Give proper notification to your current agent or company of your intention to cancel your current car insurance policy and submit the signed application along with the required initial payment to the new insurer. Once the paperwork is finalized, put the proof of insurance paperwork with the vehicle registration.

A valuable tip to remember is to make sure you’re comparing the same amount of coverage on each price quote and and to get prices from as many companies as you can. Doing this guarantees a level playing field and a complete rate analysis.

More detailed insurance information is available at these sites:

• Teen Driver Licensing Information (iihs.org)
• How Much is Auto Insurance for Hybrid Vehicles in Oklahoma City? (FAQ)
• Who Has Cheap Car Insurance Quotes for a Hyundai Elantra in Oklahoma City? (FAQ)
• How Much is Car Insurance for a Ford Explorer in Oklahoma City? (FAQ)
• Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
• Young Drivers: The High Risk Years Video (iihs.org)