When shopping for more affordable insurance, do you get frustrated by the crazy number of car insurance choices in Las Vegas? Many other drivers are as well. Nevada people have such a large number of options that it can really be a difficult mission to find a cheaper company. Everyone knows Las Vegas has lots to offer, but budgeting for expensive car insurance can make it hard for many drivers to keep a tight budget.
How to find low-cost rates for Mazda 5 insurance in Las Vegas
The best way we recommend to get affordable Mazda 5 insurance in Las Vegas is to start doing a yearly price comparison from different companies in Nevada. Rate comparisons can be done by completing these steps.
First, spend some time learning about how insurance works and the steps you can take to keep rates down. Many factors that cause rate increases like getting speeding tickets and a poor credit score can be eliminated by making minor changes to your lifestyle.
Second, request price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from one company like GEICO and State Farm, while agents who are independent can give you price quotes from many different companies.
Third, compare the price quotes to your existing rates and see if there is a cheaper rate. If you find better rates and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, provide proper notification to your current company of your intention to cancel your existing policy. Submit a signed application and payment for your new coverage. Be sure to keep the new certificate verifying proof of insurance somewhere easily accessible.
A valuable tip to remember is to compare the same liability limits and deductibles on every price quote and and to look at every insurance company. Doing this guarantees the most accurate price comparison and maximum price selection.
Statistics show that most drivers in Nevada have purchased from the same company for well over three years, and almost half have never even compared rates from other companies. American insurance shoppers could save an average of 46.5% each year, but they don’t know the actual amount they would save if they switched.
Finding affordable auto insurance coverage in Las Vegas is actually not that difficult if you follow our advice. Nearly every vehicle owner who compares rates for auto insurance will more than likely find a lower-cost company. Nevertheless, Nevada car owners can benefit from knowing how big insurance companies charge you for coverage and apply this information to your search.
Do you qualify for these ten discounts?
Car insurance can be pricey, but you might already qualify for some discounts to help offset the cost. Many discounts should be triggered at the time of quoting, but some may not be applied and must be specially asked for before you get the savings.
- Lower Rates for Military – Being deployed with a military unit may lower your prices slightly.
- Driving Data Discount – Las Vegas drivers who agree to allow driving data collection to track where and when they drive by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system might see lower rates as long as the data is positive.
- Bundled Policy Discount – If you have multiple policies with the same insurance company you may save up to 20% and get you inexpensive Mazda 5 insurance in Las Vegas.
- Include Life Insurance and Save – If the company offers life insurance, you could get lower car insurance rates if you buy a life policy as well.
- Discount for Low Mileage – Driving less could earn slightly better prices than normal.
- Safety Restraint Discount – Using a seat belt and requiring all passengers to buckle up can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
- Renewal Discounts – Some insurance companies give discounts for switching policies prior to your current 5 insurance policy expiring. It could save around 10% when you buy Las Vegas car insurance online.
- College Student – College-age children living away from Las Vegas attending college and won’t have access to an insured vehicle can receive lower rates.
- New Car Discount – Insuring a new 5 can save you some money due to better safety requirements for newer vehicles.
- Accident-Free Discounts – Good drivers with no accidents pay much less in comparison with bad drivers.
Drivers should understand that many deductions do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you could get a free car insurance policy, it just doesn’t work that way. But all discounts will positively reduce the amount you have to pay.
The chart below illustrates the difference between Mazda 5 insurance costs with and without discounts applied to the policy rates. The data assumes a female driver, no claims or violations, Nevada state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, safe-driver, multi-policy, claim-free, and marriage discounts applied.
A few companies that may offer quotes with many of the previously listed discounts possibly include:
When quoting, ask every insurance company the best way to save money. Some of the discounts discussed earlier might not be available to policyholders in your area. To see companies that offer many of these discounts in Las Vegas, follow this link.
When shopping for Mazda 5 insurance in Las Vegas there are multiple ways to get quotes from many different Nevada insurance companies. By far the easiest way to do a complete rate comparison involves getting comparison quotes online. When comparing auto insurance rates, know that comparing more prices helps improve the odds of finding better pricing. Some smaller insurers do not give Las Vegas 5 insurance quotes online, so it’s recommended that you also compare quotes from them, too.
The providers in the list below are ready to provide free quotes in Nevada. To locate cheap auto insurance in Las Vegas, NV, we suggest you get rate quotes from several of them in order to find the lowest rates.
Detailed insurance information
The rate information displayed below highlights a range of coverage costs for Mazda 5 models. Understanding more about how insurance prices are formulated can help customers make smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 5 Sport Station Wagon | $154 | $244 | $270 | $16 | $80 | $764 | $64 |
| 5 Touring Station Wagon | $176 | $298 | $270 | $16 | $80 | $840 | $70 |
| 5 Grand Touring Station Wagon | $176 | $298 | $270 | $16 | $80 | $840 | $70 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Price estimates do not factor in vehicle location which can lower or raise price quotes substantially.
Mazda 5 insurance rates by age and gender
The diagram below visualizes the comparison of Mazda 5 insurance costs for male and female drivers. The costs are based on no claims or violations, full physical damage coverage, $500 deductibles, drivers are single, and no other discounts are factored in.
Does it make sense to buy full coverage?
The information below shows the difference between Mazda 5 insurance costs with and without physical damage coverage. The premium estimates are based on no claims or driving violations, $500 deductibles, single marital status, and no other discounts are factored in.
Should you buy full coverage or liability only?
There is no written rule for excluding full coverage on your policy, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.
For example, let’s assume your Mazda 5 claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $7,000 after paying your deductible. If you are currently paying more than $700 annually to have full coverage, then you might want to consider buying only liability coverage.
There are a few cases where buying only liability insurance is not a good idea. If you haven’t satisfied your loan, you have to carry full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not opt for liability only.
Shop online but buy locally
A small number of people would rather get advice from a local agent and that can be a great decision The best thing about comparing insurance prices online is the fact that drivers can get lower rates and still buy from a local agent.
To find an agent, once you fill out this form (opens in new window), your information is transmitted to local insurance agents that can give you free Las Vegas car insurance quotes and help you find cheaper coverage. You never need to find an agent since price quotes are sent instantly to you. You can get cheaper auto insurance rates AND a local agent. If for some reason you want to get a comparison quote from a specific company, just search and find their rate quote page and fill out their quote form.
Choosing an provider is decision based upon more than just a cheap price quote. Before buying a policy in Las Vegas, get answers to these questions.
- Does the company have a solid financial rating?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Where are claims handled?
- Do they receive special compensation for putting your coverage with one company over another?
- What is the agency’s Better Business Bureau rating?
- Will they take your side in the event of a claim?
- Is there a Errors and Omissions policy in force?
- Do the agents have professional certifications like CPCU or CIC?
Listed below are Las Vegas insurers that may be willing to give comparison quotes for Mazda 5 insurance in Las Vegas.
- LaDonna Koeller – State Farm Insurance Agent
4275 N Rancho Dr #155 – Las Vegas, NV 89130 – (702) 636-9447 – View Map - AmeriSent Insurance
6070 S Eastern Ave #400 – Las Vegas, NV 89119 – (702) 456-1400 – View Map - State Farm Insurance: Nancy Kim
2213 Paradise Rd – Las Vegas, NV 89104 – (702) 685-4888 – View Map - Farmers Insurance – Nino Jimenez
3375 Glen Ave #10 – Las Vegas, NV 89121 – (702) 696-1606 – View Map
Why auto insurance is not optional
Despite the high cost of buying insurance for a Mazda 5 in Las Vegas, buying auto insurance is mandatory in Nevada but it also protects more than you think.
- Most states have minimum mandated liability insurance limits which means the state requires specific minimum amounts of liability insurance in order to get the vehicle licensed. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your 5 has a loan, more than likely the lender will make it a condition of the loan that you have full coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the bank will be required to insure your Mazda at a much higher rate and force you to reimburse them a much higher amount than you were paying before.
- Insurance protects both your assets and your vehicle. It will also provide coverage for many types of medical costs for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your 5 are without a doubt worth the cost, particularly if you ever have a claim. The average driver in America is currently overpaying as much as $865 each year so it’s very important to do a rate comparison once a year at a minimum to make sure the price is not too high.
Detailed coverages of your car insurance policy
Understanding the coverages of car insurance aids in choosing appropriate coverage for your vehicles. Car insurance terms can be confusing and nobody wants to actually read their policy.
Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and also any damage incurred to your Mazda 5.
Since a lot of drivers carry very low liability coverage limits (which is 15/30/10), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Collision coverage – This coverage covers damage to your 5 from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision coverage protects against things like rolling your car, crashing into a building and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible on your 5 to save money on collision insurance.
Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as ambulance fees, surgery and hospital visits. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Liability car insurance – This coverage protects you from damage that occurs to other’s property or people that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 15/30/10 that means you have $15,000 bodily injury coverage, $30,000 for the entire accident, and property damage coverage for $10,000.
Liability can pay for claims like attorney fees, medical expenses and medical services. How much liability coverage do you need? That is up to you, but buy as much as you can afford. Nevada requires drivers to carry at least 15/30/10 but you should think about purchasing higher limits.
The next chart demonstrates why low liability limits may not be adequate coverage.
Comprehensive coverage – This coverage covers damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like damage from a tornado or hurricane, damage from getting keyed, hitting a deer and fire damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Persistence is the key to cheap rates
In this article, we covered many tips how you can get a better price on Mazda 5 insurance in Las Vegas. It’s most important to understand that the more quotes you get, the better likelihood of getting inexpensive Las Vegas car insurance quotes. Drivers may even discover the lowest premium rates are with a lesser-known regional company.
Affordable Mazda 5 insurance in Las Vegas is possible from both online companies and with local Las Vegas insurance agents, so get free Las Vegas car insurance quotes from both of them in order to have the best price selection to choose from. Some insurance companies may not provide internet price quotes and these small insurance companies provide coverage only through independent agencies.
Drivers switch companies for many reasons like delays in paying claims, questionable increases in premium, denial of a claim or even not issuing a premium refund. Regardless of your reason for switching companies, switching insurance companies is easier than you think.
Steps to finding lower priced Mazda 5 insurance in Las Vegas
The easiest way to get low-cost car insurance rates is to compare prices once a year from insurance carriers in Las Vegas. You can compare prices by completing these steps.
First, get a basic knowledge of car insurance and the changes you can make to keep rates in check. Many rating factors that result in higher prices such as your driving record and a bad credit rating can be remedied by making minor changes in your lifestyle.
Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from a single company like GEICO and Allstate, while independent agents can give you price quotes for many different companies. View prices
Third, compare the new rate quotes to the premium of your current policy to see if you can save by switching companies. If you can save some money and make a switch, make sure there is no lapse in coverage.
One tip to remember is to compare similar limits and deductibles on each quote and and to compare all possible companies. Doing this enables a level playing field and the most accurate and complete price analysis.
Other information
- Speed and Speed Limit FAQ (iihs.org)
- How Much is Auto Insurance for Ride Shares in Las Vegas? (FAQ)
- Who Has the Cheapest Las Vegas Car Insurance for a Nissan Rogue? (FAQ)
- How Much are Car Insurance Quotes for Felons in Las Vegas? (FAQ)
- What Insurance is Cheapest for Inexperienced Drivers in Las Vegas? (FAQ)
- Who Has the Cheapest Las Vegas Auto Insurance for a 20 Year Old Female? (FAQ)
- What Insurance is Cheapest for Infrequent Drivers in Las Vegas? (FAQ)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- Eight Auto Insurance Myths (Insurance Information Institute)