Inconceivable but true, over 70% of drivers have been with the same company for a minimum of four years, and approximately 38% of consumers have never compared auto insurance rates at all. Chula Vista drivers could save about 35% each year, but they assume it’s a waste of time to compare rate quotes.
The best way to save on car insurance rates in Chula Vista is to start comparing prices yearly from different companies that sell auto insurance in California.
- Step 1: Read about how car insurance works and the modifications you can make to drop your rates. Many rating factors that cause high rates like your driving record and a less-than-favorable credit rating can be remedied by paying attention to minor details. Continue reading for additional tips to help keep prices low and find possible discounts that are available.
- Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from one company like GEICO or Farmers Insurance, while independent agencies can provide prices from multiple sources. View companies
- Step 3: Compare the new rate quotes to your existing coverage and determine if there is any savings. If you can save money and make a switch, make sure there is no coverage gap between policies.
One tip to remember is to try to use the same physical damage deductibles and liability limits on every quote and and to get rate quotes from all possible companies. Doing this provides a level playing field and a thorough price selection.
If you already have coverage, you will surely be able to get lower rates using the ideas presented in this article. Choosing the best rates in Chula Vista is easy if you know what you’re doing. But California drivers must comprehend how the larger insurance companies price insurance differently and use it to your advantage.
When comparing car insurance rates, know that more quotes will improve the odds of getting the best rates.
The following companies can provide quotes in California. If you wish to find the best cheap auto insurance in Chula Vista, we suggest you compare several of them to get the best price comparison.
Rates and statistics
The table displayed below highlights estimates of rate quotes for Mazda 3 models. Knowing how car insurance prices are established can assist in making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $262 | $478 | $416 | $24 | $124 | $1,304 | $109 |
| 3 I SV 4-Dr Sedan | $262 | $478 | $416 | $24 | $124 | $1,304 | $109 |
| 3 I Touring 4-Dr Sedan | $262 | $562 | $416 | $24 | $124 | $1,388 | $116 |
| 3 S Sport 4-Dr Hatchback | $296 | $562 | $416 | $24 | $124 | $1,422 | $119 |
| 3 S Sport 4-Dr Sedan | $296 | $562 | $416 | $24 | $124 | $1,422 | $119 |
| 3 S Grand Touring 4-Dr Hatchback | $296 | $562 | $416 | $24 | $124 | $1,422 | $119 |
| 3 S Grand Touring 4-Dr Sedan | $296 | $562 | $416 | $24 | $124 | $1,422 | $119 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Premium costs do not factor in garaging location in Chula Vista which can decrease or increase prices significantly.
How high should deductibles be?
When buying insurance, a common question is how high should your deductibles be. The tables below approximate how much more rates are when you choose different comp and collision deductibles. The first data table uses a $250 deductible and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $342 | $576 | $442 | $26 | $132 | $1,543 | $129 |
| 3 I SV 4-Dr Sedan | $342 | $576 | $442 | $26 | $132 | $1,543 | $129 |
| 3 I Touring 4-Dr Sedan | $342 | $678 | $442 | $26 | $132 | $1,645 | $137 |
| 3 S Sport 4-Dr Hatchback | $386 | $678 | $442 | $26 | $132 | $1,689 | $141 |
| 3 S Sport 4-Dr Sedan | $386 | $678 | $442 | $26 | $132 | $1,689 | $141 |
| 3 S Grand Touring 4-Dr Hatchback | $386 | $678 | $442 | $26 | $132 | $1,689 | $141 |
| 3 S Grand Touring 4-Dr Sedan | $386 | $678 | $442 | $26 | $132 | $1,689 | $141 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 3 I Sport 4-Dr Sedan | $278 | $464 | $442 | $26 | $132 | $1,342 | $112 |
| 3 I SV 4-Dr Sedan | $278 | $464 | $442 | $26 | $132 | $1,342 | $112 |
| 3 I Touring 4-Dr Sedan | $278 | $546 | $442 | $26 | $132 | $1,424 | $119 |
| 3 S Sport 4-Dr Hatchback | $314 | $546 | $442 | $26 | $132 | $1,460 | $122 |
| 3 S Sport 4-Dr Sedan | $314 | $546 | $442 | $26 | $132 | $1,460 | $122 |
| 3 S Grand Touring 4-Dr Hatchback | $314 | $546 | $442 | $26 | $132 | $1,460 | $122 |
| 3 S Grand Touring 4-Dr Sedan | $314 | $546 | $442 | $26 | $132 | $1,460 | $122 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Rate information does not factor in specific location information which can alter auto insurance rates greatly.
Based on the figures above, using a $250 deductible will cost you approximately $18 more each month or $216 for a full year averaged for all 3 models than buying the higher $500 deductible. Due to the fact that you would have to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you usually have at a minimum 14 months between claims, you would most likely save money if you opt for a higher deductible.
The diagram below demonstrates how deductibles and can influence Mazda 3 insurance premiums for different categories of driver ages. The rate quotes are based on a single female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Difference between full coverage and liability only rates
The chart below illustrates the comparison of Mazda 3 insurance premiums with and without physical damage coverage. Data assumes no tickets, no at-fault accidents, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.
Are you wasting money paying for full coverage?
There isn’t a written rule to exclude comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of the settlement you would receive from your company, then it might be time to buy liability only.
For example, let’s say your Mazda 3 replacement value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $8,000 after the deductible is paid. If you are paying more than $800 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.
There are some cases where removing full coverage is not in your best interest. If you haven’t paid off your loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should not consider dropping full coverage.
Three good reasons to insure your Mazda 3
Despite the high cost, buying insurance may be mandatory for several reasons.
First, the majority of states have minimum liability requirements which means you are required to buy a minimum amount of liability in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your Mazda 3 has a loan, it’s most likely the lender will have a requirement that you have physical damage coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the bank may buy a policy for your Mazda at a much higher rate and require you to pay a much higher amount than you were paying before.
Third, insurance preserves both your vehicle and your personal assets. Insurance will also pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, also covers all legal expenses up to the policy limit in the event you are sued. If your Mazda gets damaged, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of having insurance more than cancel out the cost, especially if you ever need it. Today the average American driver is currently overpaying as much as $865 each year so compare rate quotes every year to be sure current rates are still competitive.
Car insurance 101
Having a good grasp of your insurance policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.
Liability car insurance – Liability coverage protects you from damage or injury you incur to a person or their property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 15/30/5 which means a limit of $15,000 per injured person, $30,000 for the entire accident, and $5,000 of coverage for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.
Liability can pay for claims like medical services, emergency aid and loss of income. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford. California requires minimum liability limits of 15/30/5 but you should consider buying better liability coverage.
The next chart demonstrates why buying minimum limits may not be adequate.
Collision coverage – This coverage will pay to fix damage to your 3 caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things like colliding with another moving vehicle, damaging your car on a curb and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from older vehicles. It’s also possible to increase the deductible on your 3 in order to get cheaper collision rates.
Comprehensive or Other Than Collision – This pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for things like hail damage, damage from flooding, hitting a deer and fire damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like rehabilitation expenses, EMT expenses, pain medications and chiropractic care. They are utilized in addition to your health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
UM/UIM Coverage – This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Mazda 3.
Since a lot of drivers only carry the minimum required liability limits (which is 15/30/5), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.