The preferred way to get budget Mazda 3 insurance in Greensboro is to compare quotes once a year from providers in North Carolina.
Step 1: Spend some time learning about car insurance and the changes you can make to prevent expensive coverage. Many factors that cause rate increases such as high-risk driving behaviors and poor credit can be rectified by improving your driving habits or financial responsibility. Keep reading for more details to get lower rates and find overlooked discounts.
Step 2: Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from a single company like Progressive or Farmers Insurance, while independent agencies can quote rates from multiple companies.
Step 3: Compare the new rate quotes to your existing coverage and see if you can save money. If you find better rates and change companies, ensure coverage does not lapse between policies.
One thing to point out is that you use the same level of coverage on every quote and and to get prices from every insurance company. This guarantees a fair rate comparison and a thorough selection of prices.
It’s safe to conclude that car insurance companies don’t want you comparing rates. Consumers who get price quotes annually will probably switch companies because they have a good chance of finding lower rate quotes. A recent auto insurance study discovered that consumers who compared rates once a year saved about $72 a month as compared to drivers who never shopped around for better prices.
If finding the best rates on auto insurance in Greensboro is the reason you’re here, knowing the best ways to shop for auto insurance can help simplify the task of finding more affordable coverage.
All the larger insurance companies like Allstate and Progressive allow you to get coverage price quotes from their websites. Getting online rates for Mazda 3 insurance in Greensboro is pretty painless as you just enter the amount of coverage you want on the page. Upon sending the form, the quote system will obtain credit information and your driving record and returns a price based on these factors.
Quoting online for Mazda 3 insurance in Greensboro streamlines rate comparisons, and it is important to have as many quotes as possible if you want to find a better rate.
To quickly compare rates now, compare rates now from the companies shown below. If you have a policy now, it’s recommended you input the limits and deductibles as close as possible to your current policy. Doing this guarantees you’re receiving an apples-to-apples comparison using the exact same coverages.
The providers in the list below are our best choices to provide quotes in Greensboro, NC. If you wish to find cheap car insurance in Greensboro, we suggest you visit two to three different companies in order to get a fair rate comparison.
Auto insurance data for a Mazda 3
The rate information displayed below covers estimates of insurance coverage prices for Mazda 3 models. Understanding more about how rates are calculated can benefit drivers when making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $92 | $174 | $240 | $14 | $72 | $592 | $49 |
| 3 I SV 4-Dr Sedan | $92 | $174 | $240 | $14 | $72 | $592 | $49 |
| 3 I Touring 4-Dr Sedan | $92 | $204 | $240 | $14 | $72 | $622 | $52 |
| 3 S Sport 4-Dr Hatchback | $104 | $204 | $240 | $14 | $72 | $634 | $53 |
| 3 S Sport 4-Dr Sedan | $104 | $204 | $240 | $14 | $72 | $634 | $53 |
| 3 S Grand Touring 4-Dr Hatchback | $104 | $204 | $240 | $14 | $72 | $634 | $53 |
| 3 S Grand Touring 4-Dr Sedan | $104 | $204 | $240 | $14 | $72 | $634 | $53 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Rates do not factor in specific zip code location which can revise auto insurance rates noticeably.
Rate comparison for different deductibles
One frequently asked question is which comprehensive and collision deductibles to buy. The data tables below may help to illustrate the differences in price when you choose different physical damage deductibles. The first rate quote example uses a $100 physical damage deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $214 | $386 | $250 | $14 | $74 | $963 | $80 |
| 3 I SV 4-Dr Sedan | $214 | $386 | $250 | $14 | $74 | $963 | $80 |
| 3 I Touring 4-Dr Sedan | $214 | $456 | $250 | $14 | $74 | $1,033 | $86 |
| 3 S Sport 4-Dr Hatchback | $242 | $456 | $250 | $14 | $74 | $1,061 | $88 |
| 3 S Sport 4-Dr Sedan | $242 | $456 | $250 | $14 | $74 | $1,061 | $88 |
| 3 S Grand Touring 4-Dr Hatchback | $242 | $456 | $250 | $14 | $74 | $1,061 | $88 |
| 3 S Grand Touring 4-Dr Sedan | $242 | $456 | $250 | $14 | $74 | $1,061 | $88 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $118 | $204 | $250 | $14 | $74 | $660 | $55 |
| 3 I SV 4-Dr Sedan | $118 | $204 | $250 | $14 | $74 | $660 | $55 |
| 3 I Touring 4-Dr Sedan | $118 | $240 | $250 | $14 | $74 | $696 | $58 |
| 3 S Sport 4-Dr Hatchback | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 3 S Sport 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 3 S Grand Touring 4-Dr Hatchback | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 3 S Grand Touring 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Premium amounts do not factor in specific garaging location which can change premiums considerably.
Based on this data, using a $100 deductible costs approximately $27 more each month or $324 annually than buying 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 more than 33 months between claim filings, you would save money going with the higher deductible.
How to determine if higher deductibles are a good idea
| Average monthly premium for $100 deductibles: | $85 |
| Average monthly premium for $1,000 deductibles (subtract): | – $58 |
| Monthly savings from raising deductible: | $27 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $27 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 33 months |
One big caveat is that increasing deductibles to lower your rates means you will have to cover more of the damage yourself if you have a claim. You need to have some savings in the bank in order to pay the deductible to have repairs made.
The information below demonstrates how deductibles and can change Mazda 3 insurance costs for each age group. The premium estimates are based on a single female driver, full physical damage coverage, and no discounts are applied to the premium.
Protect your Mazda vehicle and other assets
Even though Greensboro 3 insurance rates can get expensive, maintaining insurance serves a purpose in several ways.
- Most states have compulsory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance coverage if you want to drive legally. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a lien on your vehicle, it’s guaranteed your bank will require you to have physical damage coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the lender may insure your Mazda at a significantly higher premium and force you to reimburse them for the expensive policy.
- Insurance protects not only your car but also your assets. It will also pay for medical transport and hospital expenses for not only you but also any passengers injured in an accident. Liability insurance will also pay attorney fees if you cause an accident and are sued. If damage is caused by hail or an accident, your insurance policy will pay to repair the damage.
The benefits of insuring your 3 more than cancel out the cost, especially when you need to use it. An average driver in America is overpaying more than $855 a year so it’s important to compare rates at least once a year to ensure rates are competitive.
Auto insurance coverages and their meanings
Having a good grasp of auto insurance can help you determine the best coverages for your vehicles. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as surgery, doctor visits, hospital visits and funeral costs. They are utilized in addition to your health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM)
Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Mazda 3.
Since a lot of drivers only carry the minimum required liability limits (30/60/25 in North Carolina), their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.
Collision insurance
This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like hitting a parking meter, colliding with a tree, rolling your car, sustaining damage from a pot hole and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to increase the deductible on your 3 to bring the cost down.
Comprehensive insurance
This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like damage from a tornado or hurricane, damage from getting keyed, a broken windshield and hitting a bird. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Liability coverages
Liability insurance protects you from injuries or damage you cause to a person or their property in an accident. This coverage protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 30/60/25 which stand for $30,000 in coverage for each person’s injuries, a per accident bodily injury limit of $60,000, and a limit of $25,000 paid for damaged property.
Liability coverage protects against claims such as legal defense fees, medical expenses, repair bills for other people’s vehicles, structural damage and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford. North Carolina requires minimum liability limits of 30/60/25 but you should consider buying more coverage.
The next chart demonstrates why minimum state limits may not provide you with enough coverage.