How to Save on Bakersfield Mazda RX-8 Insurance

It’s an obvious statement that insurance companies want to keep you from comparing prices. Consumers who compare rates annually will, in all likelihood, switch auto insurance companies because there is a good chance of finding a policy with better rates. A recent survey revealed that people who shopped around saved approximately $865 a year compared to people who never shopped around.

If finding the most affordable auto insurance in Bakersfield is your ultimate goal, then having a good understanding how to find companies and compare insurance coverage can make it easier to shop your coverage around.

If you want to save the most money, the best way to find better pricing on car insurance rates in Bakersfield is to compare prices at least once a year from insurance carriers who sell auto insurance in California. You can compare prices by following these steps.

First, take a little time to learn about the coverage provided by your policy and the measures you can take to prevent high rates. Many rating factors that are responsible for high rates such as distracted driving and a negative credit score can be improved by making minor driving habit or lifestyle changes. This article provides additional tips to help find cheaper rates and find hidden discounts.

Second, request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from a single company like GEICO or State Farm, while agents who are independent can quote prices from multiple companies.

Third, compare the new quotes to your existing coverage and determine if cheaper RX-8 coverage is available in Bakersfield. If you find a lower rate and decide to switch, ensure there is no coverage lapse between policies.

A tip to remember is to try to use the same coverage limits and deductibles on each quote and and to get prices from as many carriers as you can. Doing this helps ensure the most accurate price comparison and the best price selection.

Companies offering Mazda RX-8 insurance in California

The companies shown below provide free quotes in Bakersfield, CA. If more than one company is shown, we suggest you click on several of them to get the most affordable price.

Insurance coverage analysis

The premium table shown below covers detailed analysis of insurance costs for Mazda RX-8 models. Having a good grasp of how insurance prices are determined is important for drivers to make smart buying decisions.

Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Price information does not factor in specific zip code location which can change coverage rates considerably.

An analysis of deductible level

One of the hardest decisions when shopping for insurance is how high should your deductibles be. The data tables below highlight the cost difference between high and low physical damage coverage deductibles. The first data set uses a $100 physical damage deductible and the second rate chart uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Price information does not factor in vehicle garaging location which can influence coverage prices substantially.

We can derive from the above data that using a $100 deductible will cost in the ballpark of $55 more each month or $660 for a full year than opting for the higher $1,000 deductible. Because you would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at a minimum 16 months between claim filings, you would probably come out ahead if you choose a higher deductible.

The illustration below illustrates how your choice of deductibles and can impact Mazda RX-8 insurance prices for different age groups. The price estimates are based on a single male driver, comp and collision included, and no other discounts are factored in.

Don’t neglect these rate reducing discounts

Insurance is not inexpensive, but you can get discounts to help bring down the price. Certain discounts will be applied at the time of purchase, but a few need to be inquired about before being credited.

• Anti-lock Brakes – Vehicles that have steering control and anti-lock brakes have fewer accidents so you can save 10 percent or more.
• No Claim Discounts – Insureds who avoid accidents and claims can save substantially in comparison to accident-prone drivers.
• Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase some life insurance in addition to your auto policy.
• Save over 55 – Drivers that qualify as senior citizens could receive a discount up to 10%.
• More Vehicles More Savings – Insuring multiple vehicles on one policy can get a discount on all vehicles.
• Drive Less and Save – Low mileage vehicles could be rewarded with cheaper insurance rates.
• Organization Discounts – Having an affiliation with a professional or civic organization could earn you a nice discount on insurance.
• Anti-theft Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems help deter theft and qualify for as much as a 10% discount.
• Auto/Home Discount – When you combine your auto and home insurance and place coverage with the same company you could save 10% to 20% off each policy.
• Full Payment Discount – By paying your entire bill at once rather than spreading payments over time you can avoid monthly service charges.

While discounts sound great, it’s important to understand that most credits do not apply to the whole policy. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, companies wouldn’t make money that way. Any qualifying discounts will definitely reduce the cost of your policy.

The diagram below illustrates the comparison of Mazda RX-8 auto insurance rates with and without discounts applied. The price estimates are based on a male driver, no claims, a clean driving record, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, multi-policy, claim-free, and marriage discounts applied.

To see a list of companies that offer some of these discounts in Bakersfield, click this link.

Get More Affordable Insurance Prices by Understanding These Factors

Many things are considered when pricing auto insurance. Some are obvious like your driving record, although some other factors are not as apparent such as your marital status or how financially stable you are.

Listed below are just a few of the factors utilized by car insurance companies to help set premiums.

Mature drivers are lower risk – More mature drivers are proven to be safer behind the wheel, tend to cause fewer accidents, and are safer drivers. Drivers with little experience tend to be careless and easily distracted in a vehicle therefore insurance rates are much higher.

The following data is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.

Low credit score equals high premiums – Your credit history is a large factor in determining what you pay. Therefore, if your credit history leaves room for improvement, you may save money insuring your Mazda RX-8 if you improve your credit rating. Drivers with very high credit ratings tend to be better risks to insure than drivers who have bad credit.

Incidental coverages can cost a lot – There are quite a few additional coverages that can add up on your RX-8 policy. Coverages for coverage for rental cars, accidental death, and additional equipment coverage are examples of these. You may think they are a good idea when discussing your needs, but your money might be better spent on other coverage so remove them from your policy.

Tickets drive up rates – Being a careful driver has a big impact on rates. Drivers with clean records get better prices than their less careful counterparts. Even one speeding ticket or other violation could increase your next policy renewal to the point where it’s not affordable. Drivers who have received license-revoking tickets such as DUI or willful reckless driving might be required by their state to maintain a SR-22 with their state DMV in order to keep their license.

The chart below demonstrates how citations and at-fault accidents can drive up Mazda RX-8 insurance rates for different age categories. The premium estimates are based on a married female driver, full coverage, $500 deductibles, and no discounts are applied to the premium.

The type of car makes a difference – The performance of the car you need insurance for makes a substantial difference in your auto insurance rates. The best insurance prices are for smaller low performance passenger vehicles, but there are many factors that impact the final cost.

The following chart uses these assumptions: single female driver age 30, full coverage with $500 deductibles, and no discounts or violations. The chart compares Mazda RX-8 insurance premiums compared to other models of vehicles that have different performance risks.

Save money with higher comp and collision deductibles – The deductibles tell how much you are willing to pay if the claim is covered. Physical damage insurance, also called ‘full coverage’, insures against damage to your car. Examples of covered claims would be rear-ending another vehicle, damage from fire, and having a roll-over accident. The larger the amount you’re willing to pay, the lower your rates will be.

Don’t assume everyone needs the same car insurance coverage

When quoting and choosing the right insurance coverage, there really is no “perfect” insurance plan. Your financial needs are unique.

These are some specific questions might point out whether or not you will benefit from professional help.

• How can I get high-risk coverage after a DUI?
• How high should deductibles be on a Mazda RX-8?
• Do I benefit by insuring my home with the same company?
• Can I drive in Mexico and have coverage?
• Am I missing any policy discounts?
• Do I have newly-acquired coverage?
• What is the minimum liability in California?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form.

Auto insurance quotes from local Bakersfield insurance agents

Many drivers just prefer to buy from a local agent and that is a smart decision One of the best bonuses of getting free rate quotes online is you may find cheap rate quotes and still have an agent to talk to.

After filling out this simple form, your insurance data is submitted to insurance agents in Bakersfield who will return price quotes and help you find cheaper coverage. It makes it easy because there is no need to leave your house as quotes are delivered immediately to your email address. It’s the lowest rates AND a local agent. If you have a need to compare prices from a specific company, don’t hesitate to find their quoting web page and fill out their quote form.

Picking the best provider should include more criteria than just a cheap price. Get answers to these questions too.

• Will their companies depreciate repairs to your car based on the mileage?
• Will the agent or a CSR service your policy?
• Do you qualify for any additional discounts?
• Does the company use OEM repair parts?
• Does the agency provide any after hours assistance?

Bakersfield car insurance agents come in two flavors

If you are wanting to find a local Bakersfield insurance agency, there are two different types of agencies and how they are slightly different. Agents are classified as either exclusive or independent (non-exclusive).

Exclusive Agencies

Exclusive insurance agents have only one company to place business with like Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents are unable to provide prices from multiple companies so always compare other rates. They are usually quite knowledgeable on the products they sell which helps offset the inability to provide other markets. Some insured continue to use the same exclusive agent mainly due to the prominence of the brand rather than low rates.

Shown below are exclusive insurance agencies in Bakersfield who may provide you with price quote information.

• Allstate Insurance: Charles Brummer
  4300 Coffee Rd, Ste A4 – Bakersfield, CA 93308 – (661) 283-0300 – View Map
• Keith Goree – State Farm Insurance Agent
  11350 Ming Ave #230 – Bakersfield, CA 93311 – (661) 663-9000 – View Map
• Farmers Insurance: Ruth Escobar
  400 Chester Ave – Bakersfield, CA 93301 – (661) 631-2420 – View Map

More Bakersfield agents

Independent Insurance Agents

Independent agencies can sell policies from many different companies and that allows them to write policies with any number of different companies and find the cheapest auto insurance rates. If premiums increase, the business is moved internally which makes it simple for you. When comparison shopping, it’s recommended you get several quotes from several independent insurance agents to have the most options to choose from. They often place coverage with small regional insurance companies that can offer cheaper rates than bigger companies.

Below is a short list of independent agents in Bakersfield who can help you get price quote information.

• Covermax Insurance Agency Inc.
  1910 E California Ave – Bakersfield, CA 93307 – (661) 363-0645 – View Map
• El Dorado Insurance Agency, Inc.
  2809 Unicorn Rd # 102 – Bakersfield, CA 93308 – (800) 221-3386 – View Map
• Walter Mortensen Insurance
  8500 Stockdale Hwy – Bakersfield, CA 93311 – (661) 834-6222 – View Map

More Bakersfield agents

Cheaper car insurance rates are out there

When getting Bakersfield auto insurance quotes online, don’t be tempted to reduce coverage to reduce premium. In many cases, an insured cut full coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The goal is to buy enough coverage at the best possible price, but do not sacrifice coverage to save money.

Consumers switch companies for any number of reasons including policy non-renewal, policy cancellation, unfair underwriting practices or high rates after DUI convictions. No matter why you want to switch, finding the right car insurance provider can be easy and end up saving you some money.

The cheapest Mazda RX-8 insurance in Bakersfield can be found from both online companies as well as from insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some car insurance companies don’t offer online quoting and most of the time these small insurance companies only sell through local independent agents.

To read more, take a look at these articles:

• Insurance losses by make and model (Insurance Institute for Highway Safety)
• What Car Insurance is Cheapest for a Learners Permit in Bakersfield? (FAQ)
• Who Has Cheap Bakersfield Car Insurance for College Students? (FAQ)
• Who Has Affordable Bakersfield Auto Insurance Rates for High Mileage Drivers? (FAQ)
• Who Has Affordable Bakersfield Car Insurance Rates for a 20 Year Old Female? (FAQ)
• How to Avoid Common Accidents (State Farm)
• Vehicle Insurance (Wikipedia)
• Teen Driver Licensing Information (iihs.org)
• Distracted Driving (Insurance Information Institute)