Auto Insurance Rate Quotes for a Mazda 6 in Denver

Have you finally had enough of not being able to scrape enough together to pay your car insurance bill each month? Your situation is no different than many other Colorado consumers.

A recent car insurance study discovered that most Colorado car insurance customers have been with the same company for at least the last four years, and 38% of customers have never compared car insurance rates at all. Many drivers in the U.S. could cut their rates by almost 46.5% a year by just comparing quotes, but most undervalue how much money they would save if they switched to a more affordable policy.

There is such a variety of car insurance companies to pick from, and even though it’s nice to have a choice, more options can take longer to compare company pricing for Mazda 6 insurance in Denver.

Our objective is to help you learn how to get online quotes and also save some money in the process If you currently have a car insurance policy, you will surely be able to cut your premiums using these tips. But Colorado drivers must learn how big insurance companies calculate your car insurance rates and apply this information to your search.

All the larger car insurance companies allow you to get insurance quotes on their websites. This process doesn’t take a lot of time as you simply type in the coverage amounts you desire into the quote form. After you complete the form, their quoting system automatically retrieves credit information and your driving record and generates pricing information. Quoting online for Mazda 6 insurance in Denver makes it easy to compare insurance prices and it is important to have as many quotes as possible if you want to find lower-cost car insurance pricing.

To use this form to compare rates, compare rates from the companies below. To compare your current rates, we recommend you input the coverage information identical to your current policy. This guarantees you’re receiving an apples-to-apples comparison for similar insurance coverage.

The companies shown below are our best choices to provide price comparisons in Colorado. If multiple companies are shown, we suggest you compare several of them in order to find the most competitive rates.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Information does not factor in vehicle garaging location which can impact premiums significantly.

Car insurance deductibles

One common question asked by Denver drivers is how high or low should comp and collision deductibles be. The rates below illustrate how much more rates are between high and low insurance deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Premium costs do not factor in specific location which can modify insurance rates significantly.

Based on these figures, using a $100 deductible costs an average of $38 more each month or $456 every year than opting for the higher $1,000 deductible. Because you would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you average at least 24 months between claim filings, you would more than likely save some money if you decide on a higher deductible.

How accidents and tickets impact rates in Denver

The example below demonstrates how citations and accident claims drive up Mazda 6 insurance costs for different age groups. The prices are based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are factored in.

Full coverage or liability only

The example below shows the comparison of Mazda 6 annual premium costs with and without physical damage coverage. The premium estimates are based on a clean driving record, no at-fault accidents, $250 deductibles, single male driver, and no policy discounts are applied.

Should you pay for full coverage?

There is no set rule to exclude physical damage coverage on your policy, but there is a general convention. If the yearly cost of full coverage is about 10% or more of the replacement cost minus the deductible, then you might consider buying liability only.

For example, let’s assume your Mazda 6 replacement cost is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company would pay you is $4,000 after the deductible is paid. If premium cost is more than $400 a year to have full coverage, the it may be a good time to stop paying for full coverage.

There are a few situations where dropping full coverage is not in your best interest. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should keep full coverage in place.

These discounts can lower your insurance rates

Some companies don’t necessarily list all available discounts in a way that’s easy to find, so we researched both the well known and also the more inconspicuous savings tricks you should be using when you buy Denver auto insurance online.

• Defensive Driver Discount – Taking part in a course teaching driver safety skills could possibly earn you a 5% discount and easily recoup the cost of the course.
• Drive Safe and Save – Insureds who avoid accidents can pay as much as 50% less than their less cautious counterparts.
• Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off the PIP or medical payment premium.
• Government Employee Discount – Simply working for the federal government could qualify for a slight premium decrease with some insurance companies.
• Air Bag Discount – Vehicles with factory air bags or automatic seat belts can qualify for discounts of more than 20%.
• Early Signing – Some insurance companies provide a discount for buying a policy prior to the expiration date on your current 6 insurance policy. This can save 10% or more.
• Clubs and Organizations – Being in qualifying employment or professional organizations is a good way to get lower rates when getting a Denver auto insurance quote.
• Waiver for an Accident – This isn’t a discount exactly, but certain companies will let one accident slide without raising rates with the catch being you have to be claim-free for a certain period of time.
• Auto/Life Discount – Some insurance companies give better prices if you take out a life insurance policy as well.
• College Student Discount – College-age children who live away from home at college without a vehicle on campus can receive lower rates.

Don’t be surprised that most discounts do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

Large insurance companies and a partial list of their discounts are:

• State Farm may have discounts that include multiple autos, driver’s education, multiple policy, safe vehicle, and student away at school.
• Esurance may include discounts for good driver, renters, online shopper, claim free, homeowner, and multi-car.
• Progressive offers discounts including homeowner, multi-policy, online quote discount, good student, continuous coverage, online signing, and multi-vehicle.
• Liberty Mutual has savings for teen driver discount, hybrid vehicle, new vehicle discount, new move discount, exclusive group savings, good student, and newly married.
• Auto-Owners Insurance policyholders can earn discounts including safe driver, mature driver, safe vehicle, company car, teen driver, and student away at school.
• GEICO offers premium reductions for daytime running lights, anti-lock brakes, military active duty, emergency military deployment, multi-vehicle, seat belt use, and defensive driver.

Before buying, ask each company or agent to apply every possible discount. Discounts may not apply to policyholders in Denver. To see insurance companies that offer discounts in Colorado, click this link.

Components of Your Mazda 6 Insurance Premiums

Many factors are taken into consideration when quoting car insurance. A few of the factors are predictable such as your driving history, but some are more transparent such as whether you are married or how safe your car is.

• Lower physical damage deductibles cost more – Physical damage coverage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your vehicle. Some coverage claims are running into the backend of another car, flood damage, and burglary. Comp and collision deductibles state the amount of money you are required to spend if the claim is covered. The more damage repair cost you choose to pay out-of-pocket, the less your insurance will be.
• How do annual miles impact premiums? – Driving more miles every year the more it will cost to insure it. The majority of insurers charge rates partially by how you use the vehicle. Autos that sit idle most of the time get more affordable rates than those used for commuting. It’s a smart idea to ensure your vehicle rating is showing how each vehicle is driven. An incorrectly rated 6 may be wasting your money.
• Tickets will cost you – Your driving citation history has a huge affect on how much you pay. Attentive drivers pay less for auto insurance as compared to those with violations. Just one driving citation can bump up the cost by as much as twenty percent. Drivers who get flagrant tickets like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 form with their state motor vehicle department in order to keep their license.
• Driver age impacts costs – Teen drivers in Colorado have a tendency to be less responsible behind the wheel therefore insurance rates are much higher. Mature drivers are shown to be more cautious, tend to file fewer claims, and get fewer tickets.
• Bad credit will cost you – Credit history is a large factor in calculating your insurance rates. Therefore, if your credit rating is low, you could potentially save money when insuring your Mazda 6 by repairing your credit. Drivers who have good credit tend to file fewer claims and have better driving records as compared to drivers with worse credit.
• How much liability protection – Your insurance policy’s liability coverage will protect you in the event that you are determined to be liable for an accident. It provides for a legal defense to defend your case. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so buy as much as you can afford.
• If you don’t need it don’t buy it – There are quite a few additional extra coverages that you can buy if you aren’t careful. Coverages for roadside assistance, high-cost glass coverage, and membership fees could be just wasting money. They may seem like a good idea at first, but now you might not need them so eliminate the coverages to reduce your premium.
• Mazda 6 claim statistics – Car insurance companies analyze historical claim data when they file their rates in each state. Vehicles that statistically have a higher amount or frequency of claims will cost more for specific coverages. The next table illustrates the collected loss data for Mazda 6 vehicles.

  For each type of coverage, the claim amount for all vehicles, regardless of manufacturer or model, is considered to be 100. Numbers below 100 indicate a favorable loss history, while numbers above 100 indicate higher probability of having a loss or an increased chance of a larger loss.

  Mazda 6 Insurance Claim Statistics

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Mazda 6	99	92	112	94	98	94

  BETTER

  AVERAGE

  WORSE

  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Comparing prices from local Denver insurance agencies

Some people still prefer to buy from a licensed agent and that is OK! The biggest benefit of comparing rates online is that drivers can save money and get lower rates and still have an agent to talk to. Supporting local insurance agents is especially important in Denver.

To find an agent, once you fill out this simple form, your information is immediately sent to companies in Denver who will return price quotes for your business. There is no reason to drive around due to the fact that quote results will go to the email address you provide. You’ll get the best rates AND a local agent. If you wish to quote rates from a specific insurance company, feel free to visit that company’s website and fill out their quote form.

Types of auto insurance agents in Denver

When narrowing the list to find a local agent, it can be helpful to understand the types of agencies and how they can write your policy. Auto insurance policy providers may be either independent (non-exclusive) or exclusive.

Independent Agencies or Brokers

These agents can quote rates with many companies so they have the ability to put coverage through many companies and help determine which has the cheapest rates. If premiums increase, the business is moved internally and that require little work on your part. When shopping rates, you absolutely need to check rates from at a minimum one independent agency for the best price selection.

Listed below is a list of independent agencies in Denver that may be able to provide price quote information.

View more Denver agents

Exclusive Auto Insurance Agencies

These agents are contracted to one company like State Farm, Allstate and AAA. Exclusive agents cannot place coverage with different providers so they really need to provide good service. Exclusive agents receive a lot of sales training on what they offer which can be an advantage.

Listed below is a list of exclusive agents in Denver willing to provide rate quotes.

View more Denver agents

Picking an auto insurance agent needs to be determined by more than just the quoted price. Any good agent in Denver should know the answers to these questions.

• Do they feel the quoted coverages are adequate?
• Do the companies they represent have a solid financial rating?
• Will high miles depreciate repair valuations?
• Are they actively involved in the community?
• What insurance company do they write the most business with?
• Can glass claims be handled at your home?
• Are they in the agency full-time?

If you feel you receive satisfactory answers to any questions you have as well as a price you’re happy with, you may have just found a car insurance agent that is a good match to properly service your auto insurance policy.

It’s not one size fits all

When buying insurance from an agent or online, there really is not a best way to insure your cars. Every situation is different.

These are some specific questions may help you determine if your insurance needs would benefit from an agent’s advice.

• Do I have newly-aquired coverage?
• Why are teen drivers so expensive to add on to my policy?
• When should I have rental car coverage?
• Is a blown tire covered by insurance?
• Am I better off with higher deductibles on my Mazda 6?
• Does coverage extend to a rental car in a foreign country?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form.

Insurance advertising gotchas

Insurance providers like State Farm, Allstate and GEICO consistently run television and radio advertisements. All the ads have a common claim that you’ll save big just by switching your coverage to them. It sounds good, but how can they all charge you less for car insurance? You have to listen carefully.

All the different companies have underwriting criteria for the type of customer that earns them the most money. For instance, this type of insured might be between the ages of 40 and 55, insures multiple vehicles, and has excellent credit. Anyone who fits that profile will probably get the lowest rates and will most likely save if they switch.

People who do not meet the ideal profile will be charged higher prices which translates to the customer not purchasing. The trick companies use is to say “customers that switch” not “all people who quote” can save as much as they claim. That’s the way insurance companies can confidently make those claims.

Because of the profiling, you really need to quote coverage with many companies. Because you never know which insurance company will have the lowest rate quotes.

Persistence will pay off

Drivers switch companies for any number of reasons including delays in responding to claim requests, poor customer service, extreme rates for teen drivers or denial of a claim. It doesn’t matter what your reason, switching companies is pretty simple and you could end up saving a buck or two.

Budget-friendly car insurance in Denver can be found on the web in addition to local insurance agencies, so you need to quote Denver auto insurance with both to get a complete price analysis. A few companies may not offer rate quotes online and many times these smaller companies work with independent insurance agents.

When trying to cut insurance costs, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where someone dropped liability coverage limits and discovered at claim time that it was a big error on their part. The aim is to find the BEST coverage for the lowest cost, but do not sacrifice coverage to save money.

Other learning opportunities

• Auto Crash Statistics (Insurance Information Institute)
• Who Has Cheap Car Insurance Rates for Drivers Over Age 60 in Denver? (FAQ)
• Who Has Cheap Auto Insurance Quotes for a Nissan Sentra in Denver? (FAQ)
• Who Has Cheap Auto Insurance Rates for High Mileage Drivers in Denver? (FAQ)
• Who Has Cheap Auto Insurance Rates for 16 Year Olds in Denver? (FAQ)
• Who Has the Cheapest Car Insurance Rates for 19 Year Olds in Denver? (FAQ)
• Understanding Your Insurance Deductible (Insurance Information Institute)
• New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)