Do you want to stop overpaying and find low-cost Mazda 3 insurance in Cincinnati? Are you regretting the purchase of an expensive insurance policy? Believe me, many Cincinnati drivers have buyer’s remorse.
Everyone knows that auto insurance companies don’t want customers comparing rates. Insureds who compare other prices will presumably move their business because they have a good chance of finding a lower-priced company. Surprisingly, a recent survey revealed that consumers who make a habit of shopping around saved $70 a month compared to those who never compared other company’s rates.
If finding the best price on Mazda 3 insurance is your intention, then understanding the best way to compare auto insurance can help simplify the process. Due to the fact that there are so many insurance companies to choose from that have cheaper insurance for a Mazda 3 in Cincinnati, it is very difficult to choose the cheapest insurer.
Locating the best rates in Cincinnati is actually quite simple. If you have coverage now or need new coverage, use these money-saving tips to buy cheaper auto insurance without having to cut coverage. Shoppers only have to learn the most efficient way to shop for auto insurance over the internet.
Many insurance companies allow you to get price estimates direct online. Getting quotes for Mazda 3 insurance in Cincinnati is quite simple as you simply enter your required coverages as requested by the quote form. Once you submit the form, their rating system requests reports for credit and driving violations and gives you a price quote based on the data you entered. Being able to quote online for Mazda 3 insurance in Cincinnati makes it easy to compare insurance prices and it’s very important to compare as many rates as possible if you want to find the lowest payment.
To quickly use this form to compare rates, compare quotes from the companies shown below. To compare your current rates, we recommend that you enter the coverage information just like they are on your policy. This guarantees you will have a fair comparison using the same coverage and limits.
The following companies provide price comparisons in Ohio. To find cheap car insurance in Cincinnati, we suggest you visit several of them to get the best price comparison.
Mazda 3 insurance charts and tables
The premium information shown next covers estimates of insurance rates for Mazda 3 models. Understanding how insurance prices are calculated can be valuable when making smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $162 | $238 | $298 | $18 | $88 | $804 | $67 |
| 3 I SV 4-Dr Sedan | $162 | $238 | $298 | $18 | $88 | $804 | $67 |
| 3 I Touring 4-Dr Sedan | $162 | $280 | $298 | $18 | $88 | $846 | $71 |
| 3 S Sport 4-Dr Hatchback | $184 | $280 | $298 | $18 | $88 | $868 | $72 |
| 3 S Sport 4-Dr Sedan | $184 | $280 | $298 | $18 | $88 | $868 | $72 |
| 3 S Grand Touring 4-Dr Hatchback | $184 | $280 | $298 | $18 | $88 | $868 | $72 |
| 3 S Grand Touring 4-Dr Sedan | $184 | $280 | $298 | $18 | $88 | $868 | $72 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Prices do not factor in specific Cincinnati garaging location which can raise or lower coverage rates greatly.
Physical damage deductibles: Should you raise them?
One common question asked by Cincinnati drivers is which deductibles should you choose. The comparisons below outline how much more you’ll pay of buying low and high comp and collision deductibles. The first data set uses a $100 deductible for physical damage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| 3 I SV 4-Dr Sedan | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| 3 I Touring 4-Dr Sedan | $196 | $416 | $226 | $14 | $68 | $945 | $79 |
| 3 S Sport 4-Dr Hatchback | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 3 S Sport 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 3 S Grand Touring 4-Dr Hatchback | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 3 S Grand Touring 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $108 | $186 | $226 | $14 | $68 | $602 | $50 |
| 3 I SV 4-Dr Sedan | $108 | $186 | $226 | $14 | $68 | $602 | $50 |
| 3 I Touring 4-Dr Sedan | $108 | $220 | $226 | $14 | $68 | $636 | $53 |
| 3 S Sport 4-Dr Hatchback | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 3 S Sport 4-Dr Sedan | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 3 S Grand Touring 4-Dr Hatchback | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 3 S Grand Touring 4-Dr Sedan | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rate quotes do not factor in vehicle location which can influence coverage rates noticeably.
Based on the data above, we can derive that using a $100 deductible costs about $25 more each month or $300 for a full year than opting for the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 36 months between claim filings, you would save more money by going with a higher deductible.
How to determine when to raise deductibles
| Average monthly premium for $100 deductibles: | $78 |
| Average monthly premium for $1,000 deductibles (subtract): | – $53 |
| Monthly savings from raising deductible: | $25 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $25 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 36 months |
One thing to note is that raising deductibles to get cheaper rates means you will have to pay more of your own money when you do file a claim. You should have enough money put aside in order to pay more to get your vehicle repaired.
Why you need quality insurance for your Mazda vehicle
Despite the fact that auto insurance is not cheap in Cincinnati, insurance serves a purpose in several ways.
- Most states have compulsory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance in order to license the vehicle. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your 3 with a loan, almost every bank will have a requirement that you buy insurance to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the bank or lender will purchase a policy for your Mazda at an extremely high rate and force you to pay for it.
- Insurance protects both your Mazda 3 and your personal assets. Insurance will pay for all forms of medical expenses for yourself as well as anyone injured by you. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay to repair the damage.
The benefits of having insurance are without a doubt worth the cost, especially with large liability claims. Today the average American driver is overpaying more than $850 per year so compare rates every year to make sure the price is not too high.
What Affects Mazda 3 Insurance Premiums?
Lots of factors are used in the calculation when pricing auto insurance. Some are obvious like your driving record, but some are not as apparent such as whether you are married or your financial responsibility. Part of the insurance buying process is learning some of the things that play a part in calculating the level of your policy premiums. When you understand what determines premiums, this helps enable you to make changes that could result in cheaper rates.
File insurance claims and pay more – If you file a lot of claims you can pretty much guarantee higher rates. Companies in Ohio award most affordable rates to people who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
Don’t skimp on liability protection – Your insurance policy’s liability coverage will protect you when you are responsible for damages from an accident. Liability provides legal defense coverage up to the limits shown on your policy. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
Pay more of a claim out-of-pocket – Your deductibles are the amount of money you are willing to pay if you file a covered claim. Protection for physical damage, aka comp and collision, insures against damage to your car. Some instances where coverage would apply are collision with another vehicle, fire damage, and damage caused by road hazards. The higher the amount the insured is willing to pay, the lower your rates will be.
Don’t cancel your policy without a new one in place – Having a lapse in insurance coverage can be a quick way to increase your insurance rates. And not only will your rates increase, being ticketed for driving with no insurance could earn you a steep fine or even jail time.
Infrequent drivers can save – The higher the miles on your Mazda in a year the more you’ll pay to insure your vehicle. Almost all companies rate vehicles based on how the vehicle is used. Cars and trucks that have low annual miles cost less to insure compared to those used for work or business. Having the wrong rating on your 3 may be wasting your money. Make sure your vehicle rating is rated on the right rating data.
Women tend to be lower risk – Over the last 30 years, statistics show that females take fewer risks when driving. That doesn’t necessarily mean that females are better drivers. Women and men get in accidents at a similar rate, but guys cause more damage and cost insurance companies more money. They also get ticketed for serious violations like DUI and reckless driving.
The diagram below illustrates the difference between Mazda 3 insurance prices for male and female drivers. The premium estimates are based on no tickets, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, drivers are single, and no additional discounts are factored in.
Discounts for married drivers – Walking down the aisle may earn you lower rates on your insurance bill. It translates into being more mature and responsible and insurance companies reward insureds because drivers who are married file infrequent claims.
Fast cars cost more to insure – The type of car or truck you need to insure makes a substantial difference in your rates. The lowest performance passenger vehicles normally have pretty low rates, but the final cost of insurance is determined by many other factors.
The following data is based on a married male driver age 20, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Mazda 3 policy rates compared to other vehicles that have a range of performance risks.
Mazda 3 statistical loss data – Auto insurance companies analyze past claim statistics as a way to help calculate a profitable premium rate. Vehicles that are shown to have a higher amount or frequency of claims will have increased rates. The data below shows the historical loss data for Mazda 3 vehicles.
For each type of coverage, the statistical loss for all vehicles averaged together is considered to be 100. Numbers under 100 mean the vehicle has better than average losses, while values that are above 100 indicate more frequent claims or tendency to have larger claims.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Mazda 3 | 99 | 104 | 96 | 106 | 110 | 103 |
| Mazda 3 Hatchback | 91 | 80 | 96 | 81 | 73 | 86 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Cheaper rates on Mazda 3 insurance in Cincinnati with these discounts
Companies don’t list every policy discount in a way that’s easy to find, so we researched some of the more common in addition to some of the lesser obvious savings tricks you should be using when you buy Cincinnati auto insurance online. If you aren’t receiving every discount you deserve, you may be paying too high a price.
- Discount for Passive Restraints – Options like air bags may get savings of 25 to 30%.
- Anti-lock Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control prevent accidents and will save you 10% or more on 3 insurance in Cincinnati.
- Savings for New Vehicles – Insuring a new 3 can save you some money since new vehicles have better safety ratings.
- Lower Rates for Military – Having an actively deployed family member could qualify you for better car insurance rates.
- Theft Prevention System – Cars, trucks, and SUVs with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
- Switch and Save Discount – Some car insurance companies provide a discount for buying a policy before your current expiration date. Ten percent is about the average savings.
As a disclaimer on discounts, most credits do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, that’s just not realistic.
The example below visualizes the comparison of Mazda 3 insurance premiums with and without discounts applied to the premium. The rates are based on a female driver, no violations or accidents, Ohio 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 safe-driver, homeowner, multi-policy, claim-free, marriage, and multi-car discounts applied.
If you would like to choose from a list of companies that provide some of the discounts listed above in Cincinnati, click this link.
What insurance coverages do I need?
When it comes to choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs so your insurance needs to address that.
Here are some questions about coverages that may help highlight whether your personal situation might need professional guidance.
- Am I better off with higher deductibles on my Mazda 3?
- Should I file a claim if it’s only slightly more than my deductible?
- Is a new car covered when I drive it off the dealer lot?
- What if I total my Mazda 3 and owe more than it’s worth?
- What can I do if my company won’t pay a claim?
- Am I covered if I crash into my own garage door?
- What are the liability requirements in my state?
- What does PIP insurance cover?
- Should I drop comprehensive coverage on older vehicles?
If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can help protect your family.
Local Cincinnati insurance agents and insurance
Many drivers just want to sit down and talk to an agent and that is a smart decision Good insurance agents can answer important questions and help in the event of a claim. An additional benefit of getting online price quotes is that you can find lower premium rates but still work with a licensed agent.
After completing this simple form, your information is emailed to agents in your area that can give you free Cincinnati auto insurance quotes for your insurance coverage. There is no reason to contact any insurance agencies since price quotes are sent to you. If for some reason you want to get a comparison quote from a particular provider, just jump over to their website to submit a rate quote request.
Choosing an provider requires more thought than just the quoted price. These are some questions your agent should answer.
- How experienced are they in personal risk management?
- How will an accident affect your rates?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Does the agent help file claims?
- Do they feel the quoted coverages are adequate?
- Are they able to provide referrals?
- Are claims handled at the agent’s location?
Which auto insurance company is best in Ohio?
Buying coverage from the highest-rated auto insurance provider can be challenging considering how many choices drivers have in Cincinnati. The company ratings shown next could help you choose which providers to look at shopping prices with.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Titan Insurance | 89 | 91 | 83 | 86% | A+ | 89.3 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Don’t give up on cheaper rates
When buying insurance coverage, never buy lower coverage limits just to save a few bucks. There have been many situations where an insured cut comprehensive coverage or liability limits and learned later that they should have had better coverage. The aim is to buy the best coverage you can find at the best possible price but still have enough coverage for asset protection.
More affordable auto insurance in Cincinnati can be purchased on the web as well as from insurance agents, and you should be comparing both to have the best rate selection. A few companies don’t offer online price quotes and usually these smaller companies sell through independent agents.
Steps to finding more affordable Mazda 3 insurance in Cincinnati
Truthfully, the best way to find the cheapest price for Mazda 3 insurance is to compare prices at least once a year from insurers who can sell car insurance in Cincinnati. Drivers can shop around by following these guidelines.
- Try to comprehend policy coverages and the steps you can take to keep rates low. Many risk factors that drive up the price like traffic citations and a bad credit rating can be amended by being financially responsible and driving safely.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like GEICO and State Farm, while independent agencies can quote rates from many different companies.
- Compare the new quotes to your existing rates to see if a cheaper price is available in Cincinnati. If you can save money and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
A good tip to remember is to try to use identical coverage information on each quote and and to get rate quotes from as many different insurance providers as possible. This provides a level playing field and a thorough price selection.
More detailed auto insurance information can be read in these articles:
- Protect Yourself Against Auto Theft (Insurance Information Institute)
- How Much are Auto Insurance Quotes for Immigrants in Cincinnati? (FAQ)
- How Much are Cincinnati Car Insurance Rates for Business Use? (FAQ)
- Who Has the Cheapest Cincinnati Car Insurance Rates for High Mileage Drivers? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Seniors in Cincinnati? (FAQ)
- Who Has Affordable Auto Insurance for Hybrid Vehicles in Cincinnati? (FAQ)
- Liability Insurance Coverage (Nationwide)
- Child Safety FAQ (iihs.org)
- Parking Tips to Reduce Door Dings (State Farm)