Are you sick and tired of trying to scrape together enough money to pay high car insurance rates every month? You are in the same boat as many other consumers in South Carolina.

Discount Mazda 5 insuranceIt's hard to fathom, but nearly 70% of customers kept their coverage with the same car insurance company for more than four years, and just under half have never compared rates to find cheap insurance. With the average car insurance premium being $1,847, American drivers can cut their rates by 46.5% a year just by getting comparison quotes, but they don't know the benefits if they replace their high priced policy.

Due to the fact that there are so many different company options, it can be hard to find the best car insurance provider.

Save money by earning discounts

Some insurers do not list all discounts very well, so we break down both the well known and also the lesser-known discounts that you can inquire about if you buy Columbia car insurance online.Save money with discounts

Please keep in mind that many deductions do not apply to the whole policy. Some only reduce specific coverage prices like comprehensive or collision. So even though they make it sound like you would end up receiving a 100% discount, you won't be that lucky.

To see car insurance companies with the best Mazda 5 insurance discounts in Columbia in South Carolina, click here.

Many insurance companies give prices for coverage on the web. Obtaining pricing for Mazda 5 insurance in Columbia is quite easy as you simply enter your coverage information on the page. After the form is submitted, the company's rating system collects credit information and your driving record and returns a price based on these and other factors. Getting online price quotes for Mazda 5 insurance in Columbia simplifies rate comparisons, and it is imperative to get many rate quotes in order to get a better rate.

If you want to compare rates using this form now, compare rate quotes from the providers shown below. If you have coverage now, it's recommended you type in deductibles and limits as close as possible to your current policy. This makes sure you will have a fair comparison based on identical coverages.

The companies shown below have been selected to offer free rate quotes in South Carolina. If the list has multiple companies, we suggest you visit several of them in order to find the lowest rates.

Mazda 5 Insurance Rates in Columbia, SC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
5 Sport Station Wagon $230 $366 $290 $18 $86 $990 $83
5 Touring Station Wagon $214 $358 $290 $18 $86 $966 $81
5 Grand Touring Station Wagon $196 $330 $298 $18 $90 $932 $78
Get Your Own Custom Quote Go

Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and South Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in vehicle garaging location which can raise or lower coverage prices substantially.

Analysis of deductible levels

One of the most common auto insurance questions is how high should the physical damage deductibles be. The rates shown below illustrate the differences in price when you choose different coverage deductibles. The first data table uses a $250 deductible for physical damage and the second price table uses a $1,000 deductible.

Mazda 5 insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
5 Sport Station Wagon $230 $366 $290 $18 $86 $1,015 $85
5 Touring Station Wagon $264 $444 $290 $18 $86 $1,127 $94
5 Grand Touring Station Wagon $264 $444 $290 $18 $86 $1,127 $94
Get Your Own Custom Quote Go
Mazda 5 insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
5 Sport Station Wagon $142 $230 $290 $18 $86 $766 $64
5 Touring Station Wagon $162 $280 $290 $18 $86 $836 $70
5 Grand Touring Station Wagon $162 $280 $290 $18 $86 $836 $70
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and South Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Price information does not factor in vehicle garaging location which can impact rates noticeably.

We can estimate from the data above that using a $250 deductible costs roughly $23 more each month or $276 annually than buying the higher $1,000 deductible. Since the policyholder would be required to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 33 months between claims, you would probably save some money if you choose a higher deductible. The table below shows the way you can do this calculation yourself.

Average monthly premium for $250 deductibles: $91
Average monthly premium for $1,000 deductibles (subtract): - $68
Monthly savings from raising deductible: $23
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $23
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 33 months

An important sidenote is that raising deductibles means you pay more out-of-pocket when you file a claim. That will require some funds available in order to pay the deductible for vehicle repair.

Comparison of full coverage and liability-only policies

The diagram below examines Mazda 5 insurance rates with liability coverage only compared to full coverage. Data assumes a clean driving record, no at-fault accidents, $100 deductibles, married male driver, and no policy discounts are applied.

When to stop paying for full coverage

There is no set guideline of when to stop paying for physical damage coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.

For example, let's assume your Mazda 5 claim settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would receive is $5,000 after you pay the deductible. If you are paying in excess of $500 a year for full coverage, then you might want to think about dropping full coverage.

There are some conditions where dropping physical damage coverage is not a good plan. If you haven't paid off your loan, you must maintain physical damage coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should keep full coverage.

Do I need special coverages?

Always keep in mind that when comparing coverage online or from an agent, there isn't really a "perfect" insurance plan. Everyone's situation is unique.Safe vehicles cost less to insure

For instance, these questions may help highlight if your situation may require specific advice.

If you can't answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form.

Local neighborhood agents and insurance

Some consumers just want to talk to a local agent and that is not a bad decision The biggest benefit of comparing insurance online is you can get cheaper premium rates but still work with a licensed agent. And buying from local agencies is important particularly in Columbia.

To find an agent, once you fill out this simple form, your insurance data is instantly submitted to companies in Columbia who will give you bids and help you find cheaper coverage. There is no need to find an agent since price quotes are sent to the email address you provide. You can find the lowest rates and an insurance agent to talk to. If you have a need to quote rates from a specific insurance provider, you would need to find their quoting web page and fill out their quote form.

Two different types of car insurance agents

If you want a reliable insurance agency, you should know the types of insurance agents and how they differ in how they can insure your vehicles. Columbia agents can either be exclusive or independent (non-exclusive).

Independent Insurance Agents

Agents in the independent channel do not write with just one company so they have the ability to put coverage amongst many companies and possibly get better coverage at lower prices. If premiums increase, an independent agent can move your coverage which requires no work on your part.

When comparing insurance rates, you should always check rates from a couple of independent agencies for the best price selection.

The following is a partial list of independent insurance agents in Columbia that can give you free price quotes.

4700 Forest Dr - Columbia, SC 29206 - (803) 451-0076 - View Map

9300 Two Notch Rd - Columbia, SC 29223 - (803) 400-1911 - View Map

1345 Lake Murray Blvd - Irmo, SC 29063 - (803) 781-4700 - View Map

More Columbia agents

Exclusive Insurance Agents

Exclusive agents work for only one company and examples are Allstate, Farmers Insurance or State Farm. These agents are unable to compare rates from other companies so always compare other rates. These agents receive extensive training on what they offer which helps them sell on service rather than price.

Shown below is a list of exclusive insurance agencies in Columbia who can help you get rate quotes.

612 St Andrews Rd #4 - Columbia, SC 29210 - (803) 772-5554 - View Map

Bill Weathersbee - State Farm Insurance Agent
9440 Two Notch Rd - Columbia, SC 29223 - (803) 788-7981 - View Map

384 St Andrews Rd - Columbia, SC 29210 - (803) 391-3777 - View Map

More Columbia agents

Choosing the best insurance agency should depend on more than just the bottom line cost. These are some valid questions you should ask.

If you feel you receive good responses to all your questions as well as offering an affordable quote, you may have found an insurance agency that is professional and can provide insurance coverage. Keep in mind you can always cancel a policy whenever you want so never assume that you are permanently stuck with a policy for a certain time period.

You can find cheaper coverage

Consumers switch companies for many reasons like delays in paying claims, lack of trust in their agent, policy non-renewal or questionable increases in premium. No matter why you want to switch, finding the right auto insurance provider is not as hard as you think.

We just covered many tips how you can get a better price on Mazda 5 insurance in Columbia. The key concept to understand is the more companies you get rates for, the better chance you'll have of finding affordable Columbia car insurance quotes. Consumers could even find that the best price on auto insurance is with a smaller regional carrier.

Lower-priced Mazda 5 insurance in Columbia can be sourced from both online companies and also from your neighborhood Columbia agents, so you need to quote Columbia car insurance with both so you have a total pricing picture. Some insurance providers may not provide online quoting and most of the time these regional carriers only sell coverage through independent agents.

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