Compare Mazda 6 Insurance Rates in Honolulu

If saving money is your primary concern, then the best way to get cheaper auto insurance rates in Honolulu is to do a yearly price comparison from insurers in Hawaii.

• First, try to learn about how companies set rates and the modifications you can make to lower rates. Many rating factors that result in higher rates such as your driving record and a less-than-favorable credit score can be improved by making minor changes to your lifestyle. Keep reading for additional ideas to help prevent high rates and get bigger discounts.
• Second, request price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can provide rates from a single company like Progressive or Allstate, while independent agents can provide prices for a wide range of insurance providers. Begin your rate comparison
• Third, compare the new quotes to the price on your current policy to see if a cheaper rate is available in Honolulu. If you find a lower rate quote and decide to switch, make sure coverage does not lapse between policies.
• Fourth, notify your current company of your intent to cancel your current auto insurance policy and submit the signed application along with the required initial payment for the new coverage. As soon as you have the new policy, put the new proof of insurance paperwork in your vehicle’s glove compartment or console.

One thing to remember is to try to use the same coverage limits and deductibles on each quote and and to analyze as many companies as possible. This enables the most accurate price comparison and a thorough selection of prices.

Unimaginable but true, the vast majority of drivers have stayed with the same insurance company for more than four years, and about 40% of consumers have never compared rates from other carriers. With the average auto insurance premium being $1,000, Hawaii drivers could save an average of approximately 40% each year, but most just don’t grasp the large savings they would see if they switched to a cheaper policy.

Our goal in writing this article tell you how car insurance quotes work and also save some money in the process If you currently have car insurance, you stand a good chance to be able to find the best rates using the ideas presented in this article. Comparison shoppers just need to use the proper way to shop their coverage around online from multiple companies.

Finding a lower price on Mazda 6 insurance is actually easier than you may think. You just need to spend a few minutes on the computer to get quotes from some recommended companies.

Comparing rates online is fast and free, and it replaces the need to call or drive to different Honolulu agent offices. Doing it all online eliminates this option unless you’re the type of person who wants the professional abilities of an agent trained in personal lines coverage. It is possible to comparison shop online but buy from a local insurance agent.

The companies shown below offer free rate quotes in Honolulu, HI. If multiple providers are shown, we suggest you compare several of them to get a more complete price comparison.

Save a ton by applying discounts

Buying car insurance is not cheap, but you might be missing out on some discounts that could help you make your next renewal payment. Certain discounts will be triggered automatically when you get a quote, but some may not be applied and must be specifically requested before they will apply.

• Discount for Home Ownership – Being a homeowner can save you money because it is proof that your finances are in order.
• Driver Training Discounts – Participating in a defensive driving course could save 5% or more and also improve your driving technique.
• Military Rewards – Being on active deployment in the military could qualify you for better rates.
• Early Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you can avoid monthly service charges.
• Multiple Cars – Buying coverage for more than one vehicle on the same car insurance policy can get a discount on all vehicles.
• Drivers Education – Require your teen driver to enroll in driver’s education in high school.

You should keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Most cut the price of certain insurance coverages like liability and collision coverage. So even though it sounds like you can get free auto insurance, insurance companies wouldn’t stay in business.

The chart below shows the difference between Mazda 6 auto insurance rates with and without discounts applied to the policy premium. The rates are based on a male driver, no violations or claims, Hawaii state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, homeowner, claim-free, multi-car, and multi-policy discounts applied.

Car insurance companies that may include these benefits include:

• State Farm
• Progressive
• Progressive
• MetLife
• Farm Bureau
• GEICO
• SAFECO

When quoting, ask every prospective company the best way to save money. Some of the earlier mentioned discounts might not be available to policyholders in your state.

Insurance coverage analysis

The premium table displayed next highlights a range of insurance prices for Mazda 6 models. Having a good understanding how insurance rates are figured can aid in making decisions on the best policy to buy.

Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Prices do not factor in your specific Honolulu location which can revise coverage rates considerably.

How high should deductibles be?

One of the most common auto insurance questions is at what level do you set your deductibles. The following tables highlight the differences in premium rates between low and high insurance deductibles. The first rate table uses a $250 comprehensive and collision deductible and the second price grid uses a $500 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Rate information does not factor in Honolulu location which can decrease or increase insurance rates significantly.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you approximately $12 more each month or $144 a year averaged for all 6 models than choosing the higher $500 deductible. Since the policyholder would be required to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to go more than 21 months between claim filings, you would probably save some money if you elect the higher deductible.

How violations and accidents impact rates

The information below highlights how traffic violations and accidents can increase Mazda 6 auto insurance rates for each age group. The information is based on a single female driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.

Compare rate quotes but still have a local neighborhood Honolulu car insurance agent

Many drivers would rather buy from a licensed agent and that is just fine! Most agents can help you choose the best coverages and give you someone to call. One of the benefits of comparing car insurance online is you can get cheap car insurance quotes and still choose a local agent. And buying from local insurance agencies is especially important in Honolulu.

To help locate an agent, after submitting this form (opens in new window), your information is instantly submitted to participating agents in Honolulu that give free quotes to get your business. There is no reason to leave your house due to the fact that quote results will go immediately to your email address. In the event you want to get a rate quote for a specific company, just jump over to their website and submit a quote form there.

If you need to find a local insurance agency, it’s important to understand the different types of agencies and how they differ in how they quote coverages. Agents in Honolulu are considered either independent or exclusive depending on the company they work for. Both types can do a good job, but it is important to understand the differences because it can factor into which agent you choose.

Independent Insurance Agents

Agents that choose to be independent often have many company appointments so they can write business with multiple insurance companies and potentially find a lower price. If they find a cheaper price, your policy is moved internally without you having to go to a different agency. When comparing car insurance rates, you definitely need to get some free quotes from several independent agencies to have the best price comparison.

Below are independent agencies in Honolulu who may provide free car insurance quotes.

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Exclusive Insurance Agents

Exclusive agencies work for only one company such as Farmers Insurance, American Family, State Farm and Allstate. Exclusive agencies are unable to provide other company’s prices so they have to upsell other benefits. Exclusive agents are well schooled in insurance sales which helps them sell on service rather than price.

Listed below are exclusive agents in Honolulu willing to provide price quotes.

View more agents

Selecting an insurance agent should include more criteria than just a cheap quote. Here are some questions to ask:

• Do they get extra compensation for selling add-on coverages?
• Do they have a Better Business Bureau rating in Honolulu?
• What companies can they write with?
• Do the companies they represent have a solid financial rating?
• Is insurance their full-time profession?

Once you have received good answers to your questions and locked in a price quote, most likely you have located a car insurance agent that meets the criteria to properly service your car insurance policy.

Six factors that impact insurance premiums

An important part of buying insurance is that you know some of the things that come into play when calculating your premiums. If you have some idea of what positively or negatively impacts your premiums, this allows you to make educated decisions that can earn you better car insurance rates. Many different elements are part of the equation when you get your auto insurance bill. A few of the factors are predictable such as your driving record, but other factors are more transparent like your continuous coverage or your vehicle rating.

The factors shown below are some of the most common factors used by companies to determine your premiums.

• Higher prices for tough employers – Did you know your occupation can influence how much you pay for car insurance? Jobs such as military generals, air traffic controllers, and miners usually pay higher premium rates attributed to high stress and incredibly demanding work hours. Other occupations such as farmers, students and the unemployed pay lower than average rates.
• How many miles do you drive? – The more you drive every year the higher the price you pay to insure it. Almost all companies charge to insure your cars based upon how much you drive. Vehicles that sit idle most of the time cost less to insure than those that get driven frequently. An improperly rated 6 may be wasting your money. It’s a smart idea to ensure your car insurance policy is showing how each vehicle is driven, because it can save money.

• High performance equals high prices – The performance level of the vehicle you own makes a huge difference in your premium level. Economy passenger cars usually have the lowest premiums, but many other things help determine your insurance rates.

  The next chart uses these assumptions: single female driver age 20, full coverage with $100 deductibles, and no discounts or violations. The chart compares Mazda 6 insurance premiums compared to other models of vehicles that have different performance rating factors.

• Cheaper prices for prior coverage – Driving without insurance coverage in place is illegal and your next policy will cost more because you let your coverage cancel without a new policy in place. And not only will your rates increase, not being able to provide proof of insurance could result in a license revocation or jail time. You may then be required to provide proof of insurance in the form of an SR-22 filing with the Hawaii DMV.

• Are males or females drivers cheaper? – Over the last 50 years, statistics have shown females are less aggressive when driving. This data doesn’t prove that women are BETTER drivers than men. Males and females have auto accidents at a similar rate, but males cause more damage. Men also tend to get higher numbers of serious violations like DWI (DUI) or reckless driving.

  The illustration below illustrates the comparison of Mazda 6 yearly insurance costs for male and female drivers. The rate quotes are based on a clean driving record, no at-fault accidents, full physical damage coverage, $250 deductibles, marital status is single, and no discounts are applied.

• Cheaper rates by bundling – The majority of insurance companies will award lower prices to customers who buy several policies from them, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare Mazda 6 rates in Honolulu to make sure you are getting the best deal.There is a good possibility that you can save more without the discount even if you insure with multiple companies

• Insurance losses for a Mazda 6 – Auto insurance companies study historical loss data when they calculate premium rates for each model. Models that the data shows to have a trend towards higher claims will be charged more to insure. The table below shows the loss history for Mazda 6 vehicles.

  For each type of coverage, the loss probability for all vehicles, regardless of manufacturer or model, is equal to 100. Percentage values below 100 imply a favorable loss record, while numbers shown that are more than 100 indicate higher probability of having a loss or a tendency for claims to be larger.

  
  

  Auto Insurance Loss Data for Mazda 6 Models

  Specific Mazda Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Mazda 6	99	92	112	94	98	94

  BETTER

  AVERAGE

  WORSE

  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Choosing vehicle insurance is an important decision

Despite the potentially high cost of Mazda 6 insurance, insurance is required in Hawaii but also provides important benefits.

• The majority of states have minimum mandated liability insurance limits which means state laws require a specific level of liability in order to drive the car. In Hawaii these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you took out a loan on your Mazda, most lenders will require that you buy insurance to ensure loan repayment if the vehicle is totaled. If you do not pay your insurance premiums, the bank will be required to insure your Mazda for a lot more money and force you to reimburse them a much higher amount than you were paying before.
• Insurance preserves both your vehicle and your personal assets. Insurance will also pay for hospital and medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage also pays for attorney fees and expenses in the event you are sued. If your Mazda gets damaged, your policy will pay all costs to repair after the deductible has been paid.

The benefits of insuring your car greatly outweigh the cost, specifically if you ever have a liability claim. But the average driver in Hawaii is currently overpaying as much as $830 a year so you should quote rates at least once a year to ensure rates are competitive.

Honolulu auto insurance companies ranked

Selecting the top car insurance provider can be challenging considering how many different insurance companies sell coverage in Honolulu. The rank data shown below may help you select which car insurance companies to look at when comparing rate quotes.

Top 10 Honolulu Car Insurance Companies Overall

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. Progressive
8. Allstate
9. Nationwide
10. Liberty Mutual

Compare but don’t skimp

Cheaper auto insurance in Honolulu can be bought on the web in addition to local insurance agencies, and you need to price shop both to get a complete price analysis. Some companies may not have price quotes online and usually these smaller companies only sell coverage through local independent agencies.

When trying to cut insurance costs, you should never reduce needed coverages to save money. There are a lot of situations where an insured dropped liability coverage limits to discover at claim time that it was a big mistake. The goal is to buy enough coverage at the best possible price.

More tips and info about auto insurance can be read in these articles:

• Automakers compete to add autobraking (Insurance Institute for Highway Safety)
• Who Has Affordable Car Insurance for Hybrid Vehicles in Honolulu? (FAQ)
• Who Has Cheap Car Insurance Quotes for a Ford Fusion in Honolulu? (FAQ)
• Who Has the Cheapest Car Insurance Rates for a Chevrolet Silverado in Honolulu? (FAQ)
• Vehicle Insurance in the U.S. (Wikipedia)
• New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
• Five Mistakes to Avoid (Insurance Information Institute)
• Understanding Car Crashes Video (iihs.org)