Locating discount Durham Mazda RX-8 insurance quotes on the internet may be overwhelming for vehicle owners who are beginners to quoting and buying insurance over the internet. With literally dozens of companies, how can vehicle owners be able to compare every possible option in order to find better insurance prices?
Steps to buying lower priced Mazda RX-8 insurance in Durham
If you want to save the most money, the best way to get affordable auto insurance rates is to start comparing prices yearly from companies that insure vehicles in Durham.
Step 1: Spend some time learning about what is in your policy and the things you can change to keep rates down. Many factors that result in higher rates such as careless driving and poor credit history can be amended by being financially responsible and driving safely. This article gives more details to help find cheaper rates and get discounts that may be available to you.
Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only quote rates from one company like Progressive or Farmers Insurance, while independent agents can give you price quotes for a wide range of insurance providers. View a list of agents
Step 3: Compare the new quotes to your existing coverage and see if there is a cheaper rate in Durham. If you can save some money and switch companies, make sure there is no coverage gap between policies.
A key point to remember is to make sure you enter identical deductibles and limits on each quote request and and to get prices from as many carriers as you can. Doing this ensures the most accurate price comparison and maximum price selection.
It’s astonishing, but most drivers kept their policy with the same company for well over three years, and practically 40% of insurance customers have never compared rates with other companies. With the average premium in North Carolina being $976, drivers could pocket $94 a year just by comparing rates, but they assume it’s a waste of time to compare rate quotes online.
It’s smart to do rate comparisons every six months since prices are rarely the same from one policy term to another. Despite the fact that you may have had the best rate on Mazda RX-8 insurance in Durham a couple years back other companies may now be cheaper. Block out anything you think you know about insurance because it’s time to teach you one of the best ways to lower your annual insurance bill.
If you currently have a car insurance policy, you will most likely be able to reduce premiums using this strategy. We hope to help you learn how to compare rates easily and also pocket some savings Nevertheless, North Carolina drivers need to have an understanding of how insurance companies price insurance differently and use it to your advantage.
Get cheaper Mazda RX-8 insurance rates in Durham
Car insurance is neither fun to buy or cheap, but there could be significant discounts that can drop the cost substantially. Certain reductions will be credited when you complete an application, but some may not be applied and must be manually applied in order for you to get them.
- Service Members Pay Less – Being deployed with a military unit can result in better prices.
- Accident Forgiveness – Not necessarily a discount, but certain companies will turn a blind eye to one accident without getting socked with a rate hike if you have no claims prior to the accident.
- Full Payment Discount – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
- Multi-car Discount – Buying insurance for primary and secondary vehicles with one company can reduce rates for all insured vehicles.
- Student Driver Training – Reduce the cost of insurance for teen drivers by having them successfully complete driver’s ed class as it can save substantially.
Discounts save money, but please remember that most of the big mark downs will not be given to your bottom line cost. Most only reduce specific coverage prices like comprehensive or collision. So despite the fact that it appears you can get free auto insurance, you aren’t that lucky.
The information below compares Mazda RX-8 auto insurance costs with and without discounts applied to the policy premium. The prices are based on a female driver, no accidents, no driving violations, North Carolina 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 multi-policy, homeowner, safe-driver, marriage, multi-car, and claim-free discounts applied.
A few companies that may offer policyholders most of the discounts above include:
When comparing rates, check with each company or agent the best way to save money. Some discounts listed above may not be available in Durham. To see a list of providers that offer the discounts shown above in Durham, follow this link.
Buy Durham Mazda RX-8 insurance online
To find cheap quotes, there are a couple of ways to compare quotes from many different North Carolina insurance companies. The fastest way to comparison shop is simply to get online rate quotes.
When quoting insurance, remember that getting more free quotes will increase your chances of finding the best rates.
The car insurance companies shown below have been selected to offer price quotes in North Carolina. If multiple companies are listed, it’s highly recommended you visit two to three different companies to get the lowest price.
Data for Mazda RX-8 insurance
The price information shown below highlights detailed analysis of rate quotes for Mazda RX-8 models. Having a good grasp of how policy premiums are established can help you make smart choices when purchasing an insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RX-8 Sport 4-Dr Coupe | $232 | $432 | $324 | $20 | $96 | $1,104 | $92 |
| RX-8 Grand Touring 4-Dr Coupe | $232 | $496 | $324 | $20 | $96 | $1,168 | $97 |
| RX-8 R3 4-Dr Coupe | $232 | $496 | $324 | $20 | $96 | $1,168 | $97 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Premium costs do not factor in Durham location which can raise or lower premiums greatly.
Mazda RX-8 insurance rates by age and gender
The illustration below illustrates the comparison of Mazda RX-8 insurance prices for male and female drivers. The premiums are based on no violations or accidents, full coverage, $1,000 deductibles, single status, and no additional discounts are factored in.
Mazda RX-8 liability-only versus full coverage
The illustration below shows the comparison of Mazda RX-8 insurance prices when comparing full coverage to liability only. Data assumes no violations or accidents, $250 deductibles, single marital status, and no policy discounts are applied.
When to stop buying full coverage
There isn’t a steadfast formula of when to phase out full coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is 10% or more of replacement cost minus your deductible, then you might want to think about dropping full coverage.
For example, let’s say your Mazda RX-8 claim settlement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company will settle for is $8,000 after paying the physical damage deductible. If it’s costing in excess of $800 annually to have full coverage, then you might consider buying liability only.
There are some scenarios where dropping physical damage coverage is not a good idea. If you still owe a portion of the original loan, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
Don’t assume everyone needs the same car insurance coverage
When buying coverage online or from an agent for your vehicles, there really is not a one-size-fits-all type of policy. Everyone’s needs are different and your car insurance should unique, too.
These are some specific questions could help you determine whether you could use an agent’s help.
- If my Mazda RX-8 is totaled, can I afford another vehicle?
- How can I get the company to pay a claim?
- Are rental cars covered under my policy?
- Do I benefit by insuring my home with the same company?
- Do I need PIP coverage since I have good health insurance?
- What states are considered no-fault?
- What policy terms are available?
- How high should my medical payments coverage be?
- How much liability do I need to cover my assets?
If you’re not sure about those questions, you might consider talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier
Auto insurance quotes from local Durham insurance agencies
Many drivers just prefer to sit down and talk to an agent and there is nothing wrong with that. The best thing about getting free rate quotes online is that you can obtain the best rates and still have an agent to talk to. Supporting small agencies is still important in Durham.
After filling out this short form, your insurance data is immediately sent to participating agents in Durham who will give you quotes for your auto insurance coverage. You don’t have to contact any insurance agencies as quotes are delivered straight to your inbox. You can find the lowest rates and a licensed agent to work with. If you have a need to get a comparison quote from one company in particular, you can always visit that company’s website and fill out their quote form.
When finding a good insurance agency, there are a couple of types of insurance agents that differ in how they can insure your vehicles. Auto insurance agents may be either independent agents or exclusive agents depending on their employer.
Independent Auto Insurance Agencies
Independent agents are not limited to a single company so as a result can place your coverage with a variety of different insurance companies and find the cheapest auto insurance rates. If they find a cheaper price, the business is moved internally which requires no work on your part. When searching for an agent, we recommend you contact independent agents in order to have the best price comparison. Many independent agencies also insure through less well-known companies that may provide cheaper auto insurance rates.
Below is a small list of independent agencies in Durham who may provide pricing information.
- George Stevens Insurance Inc
1320 Hill St – Durham, NC 27707 – (919) 403-3611 – View Map - Marsh Dawson Insurance Agency
5410 – Durham, NC 27713 – (919) 484-8400 – View Map - The Insurance Pros, Inc.
1210 Cole Mill Rd Suite 101 – Durham, NC 27705 – (919) 294-6613 – View Map
Exclusive Agents
Agents in the exclusive channel can only provide one company’s prices such as AAA, Allstate, State Farm, or Farmers Insurance. They generally cannot provide other company’s prices so they have no alternatives for high prices. They receive a lot of sales training on their company’s products which helps them sell insurance even at higher premiums. Consumers frequently buy from exclusive agents primarily because of high brand loyalty instead of buying on price only.
Listed below is a short list of exclusive insurance agents in Durham who can help you get price quotes.
- Nationwide Insurance Marsh Dawson Agency
821 Hanson Rd – Durham, NC 27713 – (919) 806-5109 – View Map - Farm Bureau Insurance
4021 Stirrup Creek Dr #220a – Durham, NC 27703 – (919) 469-3191 – View Map - James Zewe – State Farm Insurance Agent
3500 Westgate Dr Ste 901 – Durham, NC 27707 – (919) 489-0804 – View Map
Finding the right car insurance agent shouldn’t rely on just a cheap price quote. You should also get answers to these questions.
- Are they able to provide referrals?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Do they have 24-hour customer assistance?
- Do they carry Errors and Omissions coverage?
- Do they specialize in personal lines coverage in Durham?
- How long have they worked with personal auto insurance coverage?
- Does the company have a solid financial rating?
After receiving acceptable answers to these questions as well as a price you’re happy with, it’s possible that you found an insurance agent that is a good match to properly service your auto insurance policy.
Quote more and you will save more
As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where an insured dropped full coverage and learned later they didn’t have enough coverage. Your goal is to buy the best coverage you can find at the best price, but do not skimp to save money.
In this article, we presented some good ideas how to compare Mazda RX-8 insurance prices in Durham. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding inexpensive Durham auto insurance quotes. Consumers could even find that the best price on insurance is with a smaller regional carrier. They can often insure niche markets at a lower cost than the large multi-state companies such as State Farm, GEICO and Nationwide.
Discount Mazda RX-8 insurance in Durham is possible online and from local insurance agents, so you should compare both to get a complete price analysis. A few companies do not offer online rate quotes and most of the time these smaller companies only sell coverage through independent agents.
How to find affordable Mazda RX-8 insurance in Durham
It takes a few minutes, but the best way to save money on Mazda RX-8 insurance in Durham is to compare prices regularly from companies who provide car insurance in North Carolina.
- Step 1: Read about the different coverages in a policy and the measures you can take to prevent expensive coverage. Many rating factors that increase rates like speeding tickets, accidents and an unfavorable credit rating can be amended by making minor changes to your lifestyle.
- Step 2: Compare rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from one company like Progressive and State Farm, while agents who are independent can provide rate quotes from many different companies.
- Step 3: Compare the price quotes to your existing policy to see if a cheaper rate is available. If you can save some money and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
A crucial key to this process is that you use similar coverage information on every quote request and and to get rates from as many car insurance companies as possible. Doing this enables a level playing field and a complete selection of prices.
Other resources
- Senior Drivers (Insurance Information Institute)
- What Insurance is Cheapest for Veterans in Durham? (FAQ)
- Who Has the Cheapest Durham Auto Insurance Quotes for Infrequent Drivers? (FAQ)
- Top Signs Your Brakes are Giving Out (State Farm)
- Understanding your Policy (NAIC.org)