Save Money on Mazda RX-8 Insurance in Austin

Do you need a better way to compare cheaper auto insurance rates in Austin, TX? Austin buyers have many options when searching for affordable Mazda RX-8 insurance. They can either spend hours contacting agents to compare prices or utilize the internet to compare rates.

There is a right way and a wrong way to compare auto insurance rates so we’re going to tell you the quickest way to compare rates on a Mazda and obtain the lowest price.

Astonishng but true according to a recent study, almost 70% of drivers kept their policy with the same company for over three years, and almost 40% of drivers have never compared auto insurance rates at all. The average driver in Texas can save $1,770 each year by just comparing quotes, but they just feel it’s too hard to compare other rate quotes.

Companies offering Mazda RX-8 insurance in Austin

The companies in the list below have been selected to offer comparison quotes in Austin, TX. If several companies are displayed, we suggest you visit two to three different companies in order to find the most affordable rates.

Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Premium amounts do not factor in specific zip code location which can alter auto insurance rates noticeably.

Deductible comparison

The information below shows how choosing a deductible and can influence Mazda RX-8 yearly insurance costs for different age groups. The rates are based on a married male driver, full coverage, and no other discounts are factored in.

Physical damage deductible comparison

A question often asked by Austin drivers is how high should the physical damage coverage deductibles be. The following insurance rates sum up how much more you’ll pay when you buy lower versus higher policy deductibles. The first pricing table uses a $250 deductible for physical damage and the second pricing table uses a $500 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Table data does not factor in garaging location in Austin which can raise or lower insurance rates substantially.

Based on the figures above, using a $250 deductible will cost you about $19 more each month or $228 a year than choosing the higher $500 deductible. Because you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to average at least 13 months between claims, you would more than likely save some money if you choose a higher deductible.

Insurance policy discounts for Mazda RX-8 insurance in Austin

Some companies don’t necessarily list every possible discount in a way that’s easy to find, so the list below contains a few of the more well known and also the lesser-known discounts you could be receiving when you buy Austin car insurance online. If you do not check that you are getting every discount you deserve, you could be getting lower rates.

• Discounts for Cautious Drivers – Drivers who avoid accidents can save up to 40% or more on their Austin car insurance quote than less cautious drivers.
• Auto/Life Discount – Not all companies offer life insurance, but some may give you a small discount if you purchase life insurance.
• Driver’s Ed – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if offered at their school.
• Low Mileage Discounts – Driving fewer miles could qualify for better prices on cars that stay parked.
• Onboard Data Collection – Drivers that enable driving data collection to monitor their driving habits through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate may get a rate reduction if they exhibit good driving behavior.
• Pay Upfront and Save – If you pay your bill all at once instead of making monthly payments you can actually save on your bill.
• Anti-lock Brake System – Vehicles that have steering control and anti-lock brakes are much safer to drive and therefore earn up to a 10% discount.
• Waiver for an Accident – This one isn’t a discount, but some insurance companies allow you one accident without the usual rate increase as long as you don’t have any claims for a particular time prior to the accident.
• Senior Discount – Drivers that qualify as senior citizens may receive a slight reduction on a Austin car insurance quote.
• Accident-Free Discounts – Drivers who don’t have accidents pay less as compared to accident-prone drivers.

Don’t be shocked that some of the credits will not apply to all coverage premiums. A few only apply to specific coverage prices like comprehensive or collision. If you do the math and it seems like you would end up receiving a 100% discount, you won’t be that lucky. But all discounts will lower your premiums.

Auto insurance companies that have most of the discounts above include:

• State Farm
• Progressive
• Travelers
• American Family
• Liberty Mutual

Before buying, ask every company to apply every possible discount. Some discounts listed above might not apply everywhere.

Car insurance agents can help

Many drivers still like to buy from a local agent and there is nothing wrong with that. Most agents can help determine the best coverages and will help you if you have claims. An additional benefit of comparing auto insurance online is that you can obtain cheap auto insurance rates and still have an agent to talk to. Putting coverage with local insurance agencies is definitely important in Austin.

To make it easy to find an agent, after completing this quick form, your information is transmitted to insurance agents in Austin who will return price quotes for your insurance coverage. It’s much easier because you don’t need to even leave your home because quoted prices will be sent instantly to you. In the event you want to get a comparison quote from a specific company, you can always visit that company’s website and fill out their quote form.

Two types of auto insurance agents

If you are wanting to find an insurance agent, you must know there are a couple different agency structures and how they are distinctly different. Austin agents may be either independent or exclusive. Both can write policy coverage, but it is important to understand how they are different because it can factor into which agent you choose.

Independent Auto Insurance Agents (or Brokers)

Independent agents do not have single company limitations and that allows them to write policies with many different companies and find you cheaper rates. If you are not satisfied with one company, an independent agent can move your coverage which is easy for the insured.

When comparison shopping, you will want to compare quotes from several independent insurance agents for maximum quote selection. Many independent agencies also insure through smaller regional carriers that can offer cheaper rates than bigger companies.

Below is a short list of independent insurance agencies in Austin who may provide pricing information.

• Mitchamore Insurance Agency
  560, 5316 W US Highway 290 Service Rd – Austin, TX 78735 – (512) 730-1424 – View Map
• Nationwide Insurance: James Gary Howe
  3720 Far West Blvd #114 – Austin, TX 78731 – (512) 346-7645 – View Map
• Stuart Butts Agency Nationwide – Lezam insurance
  700 Rio Grande St c – Austin, TX 78701 – (512) 837-5000 – View Map

More insurance agents

Exclusive Agents

Agents that elect to be exclusive can usually just insure with one company and examples are American Family, State Farm, and AAA. Exclusive agencies are unable to shop your coverage around so you might not find the best rates. They are usually well trained on their company’s products and that can be a competitive advantage. Consumers often buy from exclusive agents partially due to the prominence of the brand rather than having the cheapest rates.

Listed below is a list of exclusive agencies in Austin who can help you get comparison quotes.

• Greg Pearson – State Farm Insurance Agent
  8705 Shoal Creek Blvd #102 – Austin, TX 78757 – (512) 451-0188 – View Map
• Allstate Insurance: Amanda Escobar
  8700 Manchaca Rd #405 – Austin, TX 78748 – (512) 280-9700 – View Map
• Allstate Insurance: Fleming and Conway Agency
  3435 Greystone Dr Ste 107 – Austin, TX 78731 – (512) 345-0005 – View Map

More insurance agents

Choosing a insurance agent needs to be determined by more than just a cheap quote. Agents should be asked these questions:

• Does the agency have a current Errors and Omissions policy?
• Is the agent properly licensed in Texas?
• Do they assist clients in filing claims?
• Will high miles depreciate repair valuations?
• What are the financial ratings for the companies they represent?
• Does their agency support local causes in Austin?
• What companies can they write with?
• What company do they have the most business with?

Tricks in insurance advertising

Consumers can’t avoid all the ads for insurance savings by companies like State Farm, GEICO and Progressive. They all tend to make the same promise that drivers will save a bundle if you switch your coverage.

How does each company claim to save you money? Here is how they do it.

Insurance providers have specific characteristics for a prospective insured that earns them a profit. One example of a profitable customer could be a married male, has no claims, and has a high credit rating. Any person who meets those qualifications receive the lowest rate quotes in Austin and will most likely save if they switch.

People who are not a match for these standards will probably be forced to pay higher prices and the customer buying from someone else. If you pay close attention to the ads, they say “drivers who switch” but not “everyone who gets a quote” save the amount stated. That’s the way companies can truthfully lure you into getting a quote.

Because each company has a different risk profile, drivers should get Austin car insurance quotes as often as possible. You cannot predict with any certainty which company will have the lowest rate quotes.

Don’t give up on cheap rates

Lower-priced auto insurance in Austin can be sourced both online and also from your neighborhood Austin agents, and you should compare price quotes from both to get a complete price analysis. Some insurance companies may not have online price quotes and most of the time these regional insurance providers prefer to sell through independent agencies.

You just read some good ideas how to find cheap Mazda RX-8 insurance in Austin. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. You may even be surprised to find that the best price on auto insurance is with the least-expected company.

Consumers who switch companies do it for a number of reasons such as policy cancellation, delays in paying claims, being labeled a high risk driver or high prices. Regardless of your reason, finding a great new company is not as difficult as it may seem.

For more information, feel free to visit the articles below:

• Vehicle Insurance in the U.S. (Wikipedia)
• How Much is Austin Auto Insurance for Safe Drivers? (FAQ)
• Who Has Cheap Car Insurance Quotes for College Graduates in Austin? (FAQ)
• Who Has Cheap Austin Auto Insurance for Postal Workers? (FAQ)
• Who Has Affordable Car Insurance Quotes for Lyft Drivers in Austin? (FAQ)
• Liability Insurance Coverage (Nationwide)
• Teen Driving and Texting (State Farm)
• Safety Belts FAQ (iihs.org)