Save Money on Mazda CX-7 Insurance in Chicago

How long has it been since the last time you looked for lower-priced car insurance rates in Chicago, IL? Chicago shoppers have lots of choices when shopping for low-cost Mazda CX-7 insurance. They can either waste time driving around trying to get quotes or save time using the internet to make rate comparisons. There is a better way to compare car insurance rates and we’ll show you the absolute fastest way to price shop coverage for a new or used Mazda and locate the best price possible from Chicago insurance agents and online providers.

Unbelievably, the vast majority of consumers kept their coverage with the same car insurance company for well over three years, and about 40% of consumers have never even compared quotes to find affordable rates. Many consumers in Chicago could save themselves about 40% a year by just comparing rate quotes, but they don’t believe how much money they would save if they switched to a cheaper policy.

Consumers should take time to take a look at other company’s rates before your policy renews because rates are adjusted regularly by insurance companies. Even if you think you had the best premium rates on Mazda CX-7 insurance in Chicago at your last renewal there may be better deals available now. Forget all the misinformation about car insurance because we’re going to demonstrate the fastest and easiest way to eliminate unnecessary coverages and save money on Mazda CX-7 insurance in Chicago.

The best way we recommend to compare policy rates for Mazda CX-7 insurance in Chicago is to know most of the larger companies will pay a fee to provide you with free rate quotes. To start a quote, the only thing you need to do is provide details like marital status, an estimate of your credit level, what you do for a living, and the type of vehicles you drive. The data is instantly sent to many highly-rated insurers and you receive quotes very quickly.

If you wish to get multiple quotes for your Mazda CX-7 now, click here and find out if you can get cheaper insurance in Chicago.

The providers in the list below are ready to provide free rate quotes in Illinois. If the list has multiple companies, we suggest you visit two to three different companies to get a more complete price comparison.

Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in the specific area where the vehicle is garaged which can increase or decrease insurance rates noticeably.

Cautious drivers save money

The chart below demonstrates how citations and at-fault claims can affect Mazda CX-7 insurance premiums for different ages of insureds. Data assumes a single female driver, full coverage, $100 deductibles, and no discounts are taken into consideration.

Deductible comparison

One frequently asked question is where to set your physical damage deductibles. The rates shown below summarize the rate fluctuation between low and high deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second set of prices uses a $500 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Illinois minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Rates do not factor in zip code location which can influence premium rates substantially.

Based on this data, using a $250 deductible will cost you roughly $12 more each month or $144 each year than selecting the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you tend to average at least 21 months between claims, you would probably be better off if you elect the higher deductible. The numbers below show an example of how you can do this calculation yourself.

One big caveat is that increasing deductibles to lower your rates results in a higher out-of-pocket expense at claim time. That will necessitate enough savings in the event you need to pay the deductible for vehicle repair.

Affordable Chicago car insurance quotes with discounts

Car insurance companies don’t necessarily list every possible discount very clearly, so the following list contains some of the more common as well as the least known credits that you can use to lower your rates.

• Discount for Life Insurance – Select companies reward you with a small discount if you purchase some life insurance in addition to your auto policy.
• Active Service Discounts – Being deployed in the military could be rewarded with lower prices.
• Use Seat Belts – Requiring all passengers to wear their seat belts can save 10% or more off the medical payments premium.
• ABS Brakes – Cars and trucks that have anti-lock braking systems can stop better under adverse conditions and qualify for as much as a 10% discount.
• Discounts for Multiple Vehicles – Having multiple cars with the same company may reduce the rate for each vehicle.
• Buy New and Save – Adding a new car to your policy can cost up to 25% less because new model year vehicles keep occupants safer.
• First Accident Forgiveness – This one is not really a discount per se, but companies like State Farm and Progressive will let one accident slide before hitting you with a surcharge if you are claim-free for a certain period of time.
• Sign Online – Some car insurance companies may give you up to $50 for signing up over the internet.

Keep in mind that most discount credits are not given to all coverage premiums. Most only cut the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like you would end up receiving a 100% discount, that’s just not realistic.

The best car insurance companies and a selection of discounts include:

• Progressive includes discounts for online quote discount, good student, online signing, continuous coverage, homeowner, multi-policy, and multi-vehicle.
• MetLife may offer discounts for good student, good driver, multi-policy, accident-free, and defensive driver.
• Mercury Insurance offers discounts for type of vehicle, good student, professional/association, multi-car, location of vehicle, and low natural disaster claims.
• Nationwide may have discounts that include easy pay, business or organization, defensive driving, multi-policy, and good student.
• GEICO has discounts for anti-theft, good student, seat belt use, multi-vehicle, and driver training.
• AAA offers premium reductions for anti-theft, multi-car, AAA membership discount, multi-policy, education and occupation, and pay-in-full.

When getting a coverage quote, ask each company or agent which credits you are entitled to. All car insurance discounts may not apply in your area. To find insurance companies that offer multiple discounts in Illinois, click this link.

How You Can Control Mazda CX-7 Insurance Prices

Part of the insurance buying process is learning a few of the rating criteria that come into play when calculating the rates you pay for insurance. When you know what positively or negatively controls the rates you pay, this enables informed choices that could help you find lower insurance prices.

The factors shown below are a partial list of the pieces used by insurance companies to determine your premiums.

• Use but don’t abuse your insurance – If you tend to file frequent claims, you should expect either policy cancellation or increased premiums. Auto insurance companies in Illinois provide most affordable rates to policyholders who do not rely on their insurance for small claims. Your car insurance is designed for the large, substantial claims.
• Younger drivers pay higher prices – Older, more experienced drivers are more responsible, are lower risk to insure, and get fewer tickets.Beginning drivers have been known to be careless and easily distracted in a vehicle so they pay higher insurance rates.
• Rates can drop if you have more than one policy – Most larger insurers afford a discount to people who buy several policies from them, otherwise known as a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. Even if you qualify for this discount already, it’s always a smart idea to compare other Chicago CX-7 insurance rates to help guarantee you have the best rates.
• Which gender costs less? – Over the last 30 years, statistics show women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. Men and women cause at-fault accidents in similar percentages, but guys get into accidents with more damage. They also receive more major tickets like reckless driving and DUI.
• Additional coverages that may be costing you – There are a ton of extra bells and whistles that you can get tricked into buying when buying insurance. Add-on coverages like coverage for rental cars, accident forgiveness, and Farm Bureau memberships are probably not needed. The coverages may be enticing when talking to your agent, but if you have no use for them think about removing them and cutting costs.
• Avoid tickets and save – Your driving record has a lot to do with how much you pay for insurance. Only having one speeding ticket can increase rates by as much as thirty percent. Drivers with clean records get better rates than people who have multiple driving citations. Drivers who get flagrant tickets such as DUI, reckless driving or excessive speeding are required to complete a SR-22 with the DMV in their state in order to legally drive a vehicle.
• High comp and collision deductibles lower premiums – Comp and collision deductibles are the amount of money you are required to pay if a claim is determined to be covered. Protection for physical damage, also called comprehensive and collision insurance, insures against damage to your car. Examples of some claims that would be covered would be collision with another vehicle, animal collisions, and damage caused by road hazards. The more expense you have to pay, the less your company will charge you for insurance.

Insurance quotes from local neighborhood Chicago car insurance agents

Many drivers still prefer to visit with an insurance agent and often times that is recommended Professional insurance agents are highly skilled in risk management and help in the event of a claim. The best thing about comparing insurance online is you may find cheap insurance rates but also keep your business local.

After filling out this short form, the coverage information is submitted to companies in Chicago who will give you bids and help you find cheaper coverage. It makes it easy because there is no need to find an agent on your own as quotes are delivered directly to your email. In the event you want to get a rate quote from a specific insurance company, don’t hesitate to find their quoting web page to submit a rate quote request.

Finding the right provider should include more criteria than just the price. You should also get answers to these questions.

• Does the quote include credit and driving reports?
• How many years have they been established?
• If independent agents, which companies do they recommend?
• Can glass claims be handled at your home?
• How many companies do they write for?
• Will their companies depreciate repairs to your car based on the mileage?
• Are claims handled at the agent’s location?
• How many years of experience in personal auto insurance do they have?

When searching for a local insurance agency, there are a couple of different agency structures and how they function. Insurance agents in Chicago are either independent agents or exclusive agents depending on their employer. Both can insure your vehicles properly, but it’s worth mentioning how they are different because it can factor into your agent selection.

Exclusive Insurance Agents

These type of agents can only write with one company such as Allstate and State Farm. They are unable to provide rate quotes from other companies so they have no alternatives for high prices. They are usually well trained on what they offer which helps them sell on service rather than price. Some insured continue to choose to use a exclusive agent mainly due to the prominent brand name and the convenience of having all coverages with one company.

Below is a short list of exclusive insurance agencies in Chicago who may provide you with rate quotes.

• Peter Grande – State Farm Insurance Agent
  1535 W Division St – Chicago, IL 60642 – (773) 270-4600 – View Map
• John Kim – State Farm Insurance Agent
  5700 N Lincoln Ave #209 – Chicago, IL 60659 – (773) 561-1700 – View Map
• Gus Andrade – State Farm Insurance Agent
  4355 W 26th St – Chicago, IL 60623 – (773) 521-0216 – View Map

View more agents

Independent Insurance Agents

Independent insurance agents can sell policies from many different companies so as a result can place your coverage through many companies and get the cheapest rates. If you are not satisfied with one company, your agent can just switch to a different company and the insured can keep the same agent.

If you are trying to find cheaper rates, we recommend you get rate quotes from at a minimum one independent agency so that you have a good selection of quotes to compare. Many independent agencies also insure through less well-known companies which can be an advantage.

The following is a short list of independent agents in Chicago willing to provide comparison quotes.

• ABI Insurance Agency
  4806 N Milwaukee Ave – Chicago, IL 60630 – (773) 202-9666 – View Map
• Northwest Insurance Network Inc
  4450 N Western Ave – Chicago, IL 60625 – (773) 433-3300 – View Map
• Active Insurance Agency – Auto Insurance
  1034 N Ashland Ave – Chicago, IL 60622 – (773) 286-3473 – View Map

View more agents

Upon getting good responses to any questions you have and locked in a price quote, it’s a good possibility that you have found an insurance agency that will service your policy.

Don’t assume everyone needs the same auto insurance coverage

When quoting and comparing coverage for your vehicles, there is no one size fits all plan. Your financial needs are unique.

Here are some questions about coverages that can help discover if your insurance needs would benefit from an agent’s advice.

• Am I covered when driving on a suspended license?
• Am I covered if I crash into my own garage door?
• How long can I keep a teen driver on my policy?
• Are rock-chip repairs free?
• What exactly is covered by my policy?
• Will filing a claim cost me more?
• Can I rate high risk drivers on liability-only vehicles?
• What is medical payments coverage?
• Should I buy more coverage than the required Illinois minimum liability coverage?
• Is my babysitter covered when using my vehicle?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Buyer beware of car insurance advertising tricks

Consumers in Illinois can’t ignore all the ads that claim the cheapest premium rates by Allstate, GEICO and Progressive. All the companies advertise the message about savings if you get a free Chicago car insurance quote and switch to them.

How does every car insurance company charge lower premium rates? It’s all in the numbers.

Car insurance companies have a certain “appetite” for the type of driver that is profitable for them. A good example of a preferred risk may need to be over age 30, has a clear driving record, and chooses high deductibles. Someone that matches those criteria will qualify for the lowest auto insurance rates in Chicago and therefore will save quite a bit of money when switching.

Drivers who don’t qualify for those standards will probably have to pay more expensive rates which translates to the customer not purchasing. The ad wording is “drivers who switch” but not “all drivers who get quotes” will save that much if they switch. That’s the way insurance companies can confidently make those claims. Because of these techniques, you really need to do a price quote comparison at every renewal. It’s just not possible to know the company that will have the best prices at this point in time.

Affordable car insurance rates are possible

We just presented a lot of tips how to find cheaper Mazda CX-7 insurance in Chicago. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers may even find the lowest priced car insurance comes from the smaller companies.

As you restructure your insurance plan, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many situations where an insured dropped comprehensive coverage or liability limits only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to purchase plenty of coverage at the best cost while not skimping on critical coverages.

Consumers change insurance companies for a number of reasons such as high rates after DUI convictions, denial of a claim, unfair underwriting practices or even not issuing a premium refund. Regardless of your reason, finding a new company is not as hard as you think.

More resources

• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• What Insurance is Cheapest for a Toyota Tacoma in Chicago? (FAQ)
• How Much is Chicago Auto Insurance for a 20 Year Old Female? (FAQ)
• How Much is Chicago Car Insurance for a Honda Accord? (FAQ)
• Keeping Children Safe in Crashes Video (iihs.org)
• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
• Credit Impacts Car Insurance Rates (State Farm)