Affordable Insurance for a Mazda MX-5 Miata in Irvine

Really, the only way to get discount Mazda MX-5 Miata insurance in Irvine is to begin comparing prices regularly from different companies that insure vehicles in California.

First, get an understanding of policy coverages and the modifications you can make to keep rates down. Many things that increase rates like speeding and poor credit history can be rectified by making small lifestyle or driving habit changes.

Second, obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from a single company like GEICO and Allstate, while independent agencies can quote prices from multiple companies.

Third, compare the new rates to the premium of your current policy to determine if switching companies saves money. If you can save some money, verify that coverage does not lapse between policies.

Fourth, provide written notification to your current company to cancel your current car insurance policy. Submit a completed policy application and payment to the new company. Immediately upon receiving it, place the new proof of insurance certificate in an easily accessible location in your vehicle.

A valuable tip to remember is to try to use the same physical damage deductibles and liability limits on each quote and and to get prices from as many different insurance providers as possible. This helps ensure a fair price comparison and and a good selection of different prices.

It’s astonishing, but nearly 70% of customers have stayed with the same insurance company for at least four years, and 38% of customers have never quoted rates to find lower-cost coverage. The average driver in the United States could save an average of roughly 46.5% each year just by getting comparison quotes, but they don’t know the amount of savings they would get if they switched to a cheaper policy.

Mazda MX-5 Miata coverage statistics

The premium information displayed below covers detailed analysis of insurance premium costs for Mazda MX-5 Miata models. Having a good understanding how insurance premiums are figured is important for you to make smart choices when selecting a policy.

Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Table data does not factor in zip code location which can impact rates significantly.

Raise deductibles and save

When buying car insurance, a common question is where should you set your physical damage deductibles. The tables below lay out the rate difference between high and low coverage deductibles. The first pricing table uses a $250 comprehensive and collision deductible and the second set of rates uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Premium costs do not factor in vehicle location which can revise rates substantially.

Based on the above data, using a $250 deductible costs roughly $29 more each month or $348 each year than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to average at a minimum 26 months between claim filings, you would more than likely save some money going with the higher deductible.

Careless driving habits raise Irvine car insurance rates

The example below shows how speeding tickets and at-fault accidents can affect Mazda MX-5 Miata insurance prices for each different age group. The premium estimates are based on a married male driver, full coverage, $100 deductibles, and no policy discounts are applied.

Mazda MX-5 Miata insurance rates: Men versus women

The chart below illustrates the comparison of Mazda MX-5 Miata insurance premiums for male and female drivers. The premiums are based on no claims or violations, comprehensive and collision coverage, $100 deductibles, marital status is single, and no additional discounts are factored in.

Cheaper Mazda MX-5 Miata insurance rates in Irvine

Car insurance companies don’t always advertise every discount they offer very well, so below is a list some of the best known as well as some of the hidden discounts that you may qualify for.

• Accident Forgiveness Coverage – Not really a discount, but companies like State Farm and Progressive permit an accident before raising your premiums if you are claim-free prior to being involved in the accident.
• Responsible Driver Discounts – Safe drivers may save up to 50% more than less cautious drivers.
• Distant College Student Discount – Youth drivers who attend college more than 100 miles from Irvine and do not take a car to college could get you a discount.
• Own a Home and Save – Owning a house in Irvine may earn you a small savings due to the fact that maintaining a home demonstrates responsibility.
• Multiple Vehicles – Having more than one vehicle on one policy can reduce the rates for all insured vehicles.
• Driver’s Ed – It’s a good idea to have your young drivers take driver’s ed class if it’s offered in school.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though it appears adding up those discounts means a free policy, you’re out of luck.

The information below illustrates the difference between Mazda MX-5 Miata car insurance costs with and without discounts applied to the policy rates. The premiums assume a female driver, no accidents, no driving violations, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, claim-free, multi-car, homeowner, and safe-driver discounts applied.

Companies that may have these money-saving discounts include:

• 21st Century
• Progressive
• State Farm
• Nationwide
• Esurance
• The Hartford

Double check with each company or agent how many discounts you can get. Depending on the company, some discounts may not apply to policyholders in your state. For a list of insurers who offer discounts in California, follow this link.

Auto insurance coverage information

Understanding the coverages of your policy helps when choosing the best coverages and the correct deductibles and limits. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages found on the average auto insurance policy.

Comprehensive auto insurance – This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like rock chips in glass, vandalism, damage from getting keyed and falling objects. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like funeral costs, chiropractic care, rehabilitation expenses and dental work. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as damage to your Mazda MX-5 Miata.

Since many California drivers only purchase the least amount of liability that is required (which is 15/30/5), their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Collision coverage – This covers damage to your MX-5 Miata caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like crashing into a ditch, sideswiping another vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. It’s also possible to increase the deductible on your MX-5 Miata in order to get cheaper collision rates.

Auto liability insurance – This coverage provides protection from damage that occurs to people or other property that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 15/30/5 that means you have $15,000 in coverage for each person’s injuries, a limit of $30,000 in injury protection per accident, and $5,000 of coverage for damaged property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims such as repair bills for other people’s vehicles, repair costs for stationary objects, medical expenses and loss of income. How much coverage you buy is your choice, but buy higher limits if possible. California state law requires minimum liability limits of 15/30/5 but you should think about purchasing higher limits.

The illustration below shows why buying low liability limits may not be adequate.

Best car insurance company in Irvine

Buying coverage from the right auto insurance company can be difficult considering how many companies are available to choose from in Irvine. The ranking data shown below can help you analyze which coverage providers you want to consider purchasing from.

Top 10 Irvine Car Insurance Companies by A.M. Best Rank

1. USAA – A++
2. Travelers – A++
3. State Farm – A++
4. GEICO – A++
5. Esurance – A+
6. Nationwide – A+
7. Allstate – A+
8. Mercury Insurance – A+
9. Progressive – A+
10. Titan Insurance – A+

Top 10 Irvine 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%

Keep this in mind when shopping around

When searching for affordable Irvine car insurance quotes, make sure you don’t buy less coverage just to save a little money. Too many times, an insured dropped comprehensive coverage or liability limits and learned later that the savings was not a smart move. Your goal should be to find the BEST coverage at the best possible price while not skimping on critical coverages.

We’ve covered a lot of ways to lower your Mazda MX-5 Miata insurance car insurance rates in Irvine. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding the cheapest Mazda MX-5 Miata rate quotes. You may even discover the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising. They may only write in your state and offer lower premium rates as compared to the big name companies such as Progressive or GEICO.

More tips and info about auto insurance can be found in these articles:

• Safety Tips for Teen Drivers (Insurance Information Institute)
• Who Has Affordable Irvine Auto Insurance for a Kia Forte? (FAQ)
• What Insurance is Cheapest for 18 Year Olds in Irvine? (FAQ)
• Who Has the Cheapest Auto Insurance for Veterans in Irvine? (FAQ)
• Understanding Rental Car Insurance (Insurance Information Institute)
• Cellphones, Texting and Driving (iihs.org)