Has it been a year or more since you last compared quotes for low-cost Mazda 6 insurance in Austin? Think you have an underperforming, overpriced insurance policy? Don’t feel bad because there are many people just like you.
It’s amazing but nearly 70% of consumers renewed their policy with the same company for over three years, and nearly 40% of drivers have never even compared quotes to find lower-cost rates. Most drivers in Austin could save an average of almost 70% each year by just comparing quotes, but they don’t want to spend time to compare other rate quotes. Companies like Progressive, State Farm and GEICO constantly bombard you with TV and radio ads and it is difficult to avoid their marketing magic and effectively compare rates to find the best deal.
Smart consumers take time to shop coverage around periodically because insurance prices are adjusted regularly by insurance companies. Even if you got the best deal on Mazda 6 insurance in Austin on your last policy you may be paying too much now. Block out anything you think you know about insurance because you’re going to learn the best methods to reduce your cost while increasing coverage.
Lower-cost Austin car insurance rates with discounts
Some providers do not advertise every discount very clearly, so we took the time to find some of the more common in addition to some of the lesser obvious ways to save on car insurance.
- Discount for Home Ownership – Owning a home in Austin can get you a discount since home ownership is proof of financial responsibility.
- Responsible Driver Discounts – Drivers who avoid accidents could pay up to 40% less than less cautious drivers.
- Life Insurance Discount – Select insurance companies reward you with a small discount if you purchase life insurance.
- Theft Deterrent System – Anti-theft and alarm system equipped vehicles are less likely to be stolen and will save you 10% or more on 6 insurance in Austin.
- Student Discounts – Being a good student can save 20 to 25%. Most companies allow this discount up until you turn 25.
- Accident Forgiveness – Not a discount per se, but companies like GEICO, Allstate and Liberty Mutual allow you one accident without raising rates so long as you are claim-free prior to the accident.
- Bundle and Save – If you combine your auto and homeowners policies and insure them with the same company you could save approximately 10% to 15%.
- E-sign Discounts – Many companies give back up to $50 for buying a policy and signing up online.
It’s important to understand that many deductions do not apply to the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. So even though it sounds like all the discounts add up to a free policy, it’s just not the way it works. Any amount of discount will help reduce the amount you pay for coverage.
If you would like to view car insurance companies with discount car insurance rates in Texas, click here.
The quickest way to compare insurance rates in your area is to realize most of the larger companies pay for the opportunity to provide you with a free rate quote. The only thing you need to do is provide information such as how much you drive, if you went to college, deductibles desired, and if it has an alarm system. The data is then submitted to multiple top-rated companies and you will get price comparisons within a short period of time.
To start a rate quote now, click here and find out if lower rates are available in Austin.
The auto insurance companies shown below provide price comparisons in Texas. If the list has multiple companies, it’s highly recommended you visit several of them in order to get a fair rate comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $282 | $560 | $496 | $30 | $148 | $1,516 | $126 |
| 6 I SV 4-Dr Sedan | $336 | $496 | $500 | $30 | $150 | $1,512 | $126 |
| 6 I Touring 4-Dr Sedan | $314 | $670 | $496 | $30 | $148 | $1,658 | $138 |
| 6 I Touring Plus 4-Dr Sedan | $378 | $496 | $500 | $30 | $150 | $1,554 | $130 |
| 6 I Touring Plus 4-Dr Sedan | $358 | $580 | $388 | $24 | $116 | $1,466 | $122 |
| 6 I Grand Touring 4-Dr Sedan | $356 | $788 | $496 | $30 | $148 | $1,818 | $152 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $318 | $660 | $496 | $30 | $148 | $1,652 | $138 |
| 6 S Touring Plus 4-Dr Sedan | $210 | $400 | $366 | $22 | $110 | $1,108 | $92 |
| 6 S Grand Touring 4-Dr Sedan | $262 | $462 | $388 | $24 | $116 | $1,252 | $104 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $228 | $452 | $514 | $30 | $154 | $1,378 | $115 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Table data does not factor in garaging location in Austin which can increase or decrease prices greatly.
Deductible analysis
One of the more difficult decisions when buying auto insurance is which deductible level should you buy. The rates below highlight the price difference between low and high insurance deductibles. The first price estimate table uses a $100 deductible for comprehensive and collision coverage and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $328 | $592 | $382 | $22 | $114 | $1,463 | $122 |
| 6 I SV 4-Dr Sedan | $328 | $592 | $382 | $22 | $114 | $1,463 | $122 |
| 6 I Touring 4-Dr Sedan | $328 | $592 | $382 | $22 | $114 | $1,463 | $122 |
| 6 I Touring Plus 4-Dr Sedan | $370 | $592 | $382 | $22 | $114 | $1,505 | $125 |
| 6 I Touring Plus 4-Dr Sedan | $370 | $592 | $382 | $22 | $114 | $1,505 | $125 |
| 6 I Grand Touring 4-Dr Sedan | $370 | $698 | $382 | $22 | $114 | $1,611 | $134 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $370 | $698 | $382 | $22 | $114 | $1,611 | $134 |
| 6 S Touring Plus 4-Dr Sedan | $370 | $698 | $382 | $22 | $114 | $1,611 | $134 |
| 6 S Grand Touring 4-Dr Sedan | $370 | $698 | $382 | $22 | $114 | $1,611 | $134 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $370 | $698 | $382 | $22 | $114 | $1,611 | $134 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $182 | $312 | $382 | $22 | $114 | $1,012 | $84 |
| 6 I SV 4-Dr Sedan | $182 | $312 | $382 | $22 | $114 | $1,012 | $84 |
| 6 I Touring 4-Dr Sedan | $182 | $312 | $382 | $22 | $114 | $1,012 | $84 |
| 6 I Touring Plus 4-Dr Sedan | $206 | $312 | $382 | $22 | $114 | $1,036 | $86 |
| 6 I Touring Plus 4-Dr Sedan | $206 | $312 | $382 | $22 | $114 | $1,036 | $86 |
| 6 I Grand Touring 4-Dr Sedan | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| 6 S Touring Plus 4-Dr Sedan | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| 6 S Grand Touring 4-Dr Sedan | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Price information does not factor in Austin location which can affect coverage rates significantly.
Using the premium rates above, we can conclude that using a $100 deductible costs an average of $41 more each month or $492 annually than choosing the higher $1,000 deductible. Because you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 22 months between claims, you would probably come out ahead by going with a higher deductible.
Calculation for determining deductible levels
| Average monthly premium for $100 deductibles: | $129 |
| Average monthly premium for $1,000 deductibles (subtract): | – $88 |
| Monthly savings from raising deductible: | $41 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $41 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 22 months |
One thing to note is that a higher deductible means you will have to pay more when you have a comprehensive or collision claim. That will force you to have some extra savings in order to pay the higher deductible.
Lower Insurance Rates with These Tips
Multiple criteria are used when premium rates are determined. Some are pretty understandable such as your driving history, although some other factors are not as apparent like your continuous coverage and annual miles driven. Consumers need to have an understanding of the different types of things that are used to determine your premiums. When consumers understand what determines premiums, this empowers consumers to make smart changes that may reward you with lower premium levels.
Younger vs. mature drivers – Older insureds are more cautious drivers, cause fewer claims and accidents, and receive fewer citations.Drivers with little experience are statistically proven to be less responsible when behind the wheel so insurance rates are higher.
Type of car determines base prices – The performance level of the vehicle you need to insure makes a substantial difference in how high your rates are. Since the Mazda 6 is classified as a sports sedan, insuring your vehicle will cost slightly higher compared to average rates in Austin. The lowest performance passenger vehicles generally have the cheapest insurance rates, but other factors influence the final cost greatly.
Never let your coverage expire – Having a lapse in insurance coverage can be a sure-fire way to pay more for insurance. Not only will you pay higher rates, the inability to provide proof of insurance could earn you a steep fine or even jail time. You will then be forced to file a SR-22 with the Texas motor vehicle department to get your license reinstated.
You might want pay the minor insurance claims yourself – Car insurance companies in Texas give better rates to drivers who do not rely on their insurance for small claims. If you are a frequent claim filer, you can definitely plan on much higher rates or policy non-renewal. Insurance coverage is designed for claims that you cannot pay yourself.
Choose high crash test ratings and save – Vehicles that have high safety ratings cost less to insure. Vehicles engineered for safety reduce injuries and any reduction in injury severity translates directly to fewer claims and lower rates for you. If your Mazda 6 scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
Lower rates with a multi-policy discount – Most larger insurers will award a discount to policyholders that buy multiple policies. It’s known as a multi-policy discount. The discount can add up to 10 percent or more. Even if you qualify for this discount already, it’s still a good idea to get quotes from other companies to confirm you are receiving the best rates possible.
Mazda 6 insurance loss probability – Car insurance companies analyze claim trends for every vehicle to help calculate a profitable premium rate. Vehicles that historically have higher frequency or amount of claims will have higher rates. The table below outlines the insurance loss data used by companies for Mazda 6 vehicles.
For each policy coverage, the claim probability for all vehicles as a whole is represented as 100. Numbers below 100 suggest a better than average loss history, while percentage values above 100 show a trend for more claims or a tendency for losses to be larger than average.
Mazda 6 Insurance Loss Statistics
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Mazda 6 | 99 | 92 | 112 | 94 | 98 | 94 |
Statistics from IIHS.org for 2013-2015 Model Years
Don’t assume everyone needs the same auto insurance coverage
Always keep in mind that when comparing the best auto insurance coverage, there really is no one-size-fits-all type of policy. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that might point out if your insurance needs may require specific advice.
- When should I remove comp and collision on my Mazda 6?
- Can my babysitter drive my car?
- Will I be non-renewed for getting a DUI or other conviction?
- How much liability coverage do I need in Texas?
- Is my teenager covered with friends in the car?
- Is coverage enough to protect my assets?
- Why do I need rental car insurance?
If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can help protect your family.
Insurance quotes from local Austin insurance agents
Many drivers would prefer to talk to an insurance agent and that can be a smart move Professional insurance agents can help determine the best coverages and will help you if you have claims. An additional benefit of price shopping on the web is the fact that you can find the lowest rates but still work with a licensed agent. And supporting local insurance agencies is still important in Austin.
To make it easy to find an agent, after completing this quick form, your information is instantly submitted to local insurance agents in Austin that can provide free Austin auto insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to visit any agencies because prices are sent instantly to you. If for some reason you want to get a comparison quote from a particular provider, you just need to find their quoting web page and fill out the quote form the provide.
Selecting an provider requires you to look at more than just the premium amount. You should also get answers to these questions.
- Will high miles depreciate repair valuations?
- Are aftermarket or OEM parts used to repair vehicles?
- Which company do they place the most coverage with?
- Do they feel the quoted coverages are adequate?
- How much training do they have in personal risk management?
- Does the agent have a valid license to sell insurance in Texas?
Once you have positive feedback for all questions you ask and a good coverage price, you may have just found an provider that will adequately provide insurance. But keep in mind policyholders can terminate coverage for any reason so don’t feel you’re contractually obligated to your new company for the full term.
Auto insurance protects more than just your car
Even though Austin 6 insurance rates can get expensive, insuring your vehicle is not optional due to several reasons.
- The majority of states have minimum liability requirements which means state laws require specific limits of liability insurance if you want to drive legally. In Texas 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 Mazda 6, it’s guaranteed your bank will make it mandatory that you have comprehensive coverage to protect their interest in the vehicle. If you default on your policy, the bank may buy a policy for your Mazda at an extremely high rate and force you to pay a much higher amount than you were paying before.
- Auto insurance preserves your Mazda and your assets. Insurance will also pay for medical bills for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay attorney fees in the event you are sued. If your Mazda gets damaged, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance are definitely more than the cost, especially when you need to use it. But the average driver in Texas is overpaying more than $865 each year so it’s important to compare rates at least once a year to ensure rates are competitive.
In conclusion
More affordable car insurance in Austin can be bought online and with local Austin insurance agents, and you should compare rates from both in order to have the best price selection to choose from. A few companies don’t offer rate quotes online and most of the time these small, regional companies only sell coverage through local independent agencies.
People leave their current company for any number of reasons including delays in paying claims, policy non-renewal, policy cancellation and high prices. Regardless of your reason for switching companies, switching car insurance companies is not as difficult as it may seem.
When shopping online for car insurance, do not buy poor coverage just to save money. There are too many instances where an accident victim reduced comprehensive coverage or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your goal is to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.
More detailed car insurance information can be read at these sites:
- Teen Driving Statistics (iihs.org)
- Who Has the Cheapest Austin Car Insurance for Drivers with Accidents? (FAQ)
- Who Has the Cheapest Austin Auto Insurance for 19 Year Olds? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Chevrolet Equinox in Austin? (FAQ)
- How Much is Austin Auto Insurance for Safe Drivers? (FAQ)
- How Much are Auto Insurance Rates for High School Students in Austin? (FAQ)
- Safety Belts FAQ (iihs.org)
- Vehicle Insurance in the U.S. (Wikipedia)
- Think You’re a Safe Driver? (State Farm)
- What is a Telematics Device? (Allstate)