How Much Does 2010 Mazda RX-8 Car Insurance Cost in 2024?

Searching for lower auto insurance rates for your Mazda RX-8? Wish you could get out of an underperforming, overpriced auto insurance policy? Don’t sweat it because many consumers are feeling buyer’s remorse and feel like there’s no way out.

Big-name insurance companies like State Farm, Allstate, GEICO and Progressive constantly blast consumers with advertising and consumers find it hard to ignore the flying pigs and cute green geckos and take the time to shop coverage around.

You need to do rate comparisons at least once a year since prices are variable and change quite frequently. Despite the fact that you may have had the best price on RX-8 coverage at your last renewal other companies may now be cheaper. There are lots of tips to save on auto insurance online, but by reading this article, you’re going to learn some excellent ideas to put money back in your pocket.

If you have car insurance now, you will most likely be able to save some money using this information. Finding the best rates is not that difficult. Nevertheless, drivers must comprehend the way companies sell insurance online because it can help you find the best coverage.

The quickest method to compare car insurance rates is to understand almost all companies will pay a fee to provide you with free rate quotes. To get started, all you need to do is give them rating details like your education level, if the car is leased, if you are currently licensed, and if a SR-22 is needed. Your details is instantly submitted to many of the top insurers and you will get price comparisons almost instantly.

To get price quotes for your Mazda RX-8 now, click here and find out if you can get cheaper insurance.

Cheaper auto insurance rates with discounts

Some companies don’t list every discount very clearly, so here is a list a few of the more common and also the lesser-known discounts you could be receiving when you buy auto insurance online.

• Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20% or more.
• Accident-Free Discounts – Drivers with accident-free driving histories pay much less when compared with drivers with a long claim history.
• Mature Driver Discount – Mature drivers are able to get a discount up to 10% on RX-8 coverage.
• Online Discount – Some insurance companies will discount your bill up to fifty bucks for buying your policy digitally online.
• Anti-theft System – Cars equipped with tracking devices and advanced anti-theft systems can help prevent theft so companies will give you a small discount.
• Discounts for Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on RX-8 coverage with some auto insurance companies.

As a footnote on discounts, most of the big mark downs will not be given to the entire policy premium. Most only reduce the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, you’re out of luck.

A few of the larger companies and their offered discounts include:

• Progressive may have discounts that include homeowner, good student, multi-vehicle, online quote discount, multi-policy, continuous coverage, and online signing.
• GEICO offers discounts including federal employee, five-year accident-free, air bags, defensive driver, anti-theft, membership and employees, and multi-policy.
• State Farm discounts include good driver, student away at school, passive restraint, safe vehicle, good student, Steer Clear safe driver discount, and accident-free.
• Esurance policyholders can earn discounts including emergency road assistance, homeowner, anti-lock brakes, claim free, renters, defensive driver, and multi-policy.
• The Hartford includes discounts for defensive driver, anti-theft, air bag, good student, vehicle fuel type, driver training, and bundle.

Before you buy a policy, ask every insurance company how you can save money. Some of the discounts discussed earlier might not be offered on policies in your area.

Tailor your insurance coverage coverage to you

When it comes to buying proper insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help highlight if your situation might need an agent’s assistance.

• Am I covered if I wreck a rental car?
• Does liability extend to a camper or trailer?
• Should I sign the liability waiver when renting a car?
• Why am I required to get a high-risk car insurance policy?
• Are rock chip repairs covered?
• Do I need Motor Club coverage?
• When should I not file a claim?
• Does car insurance cover theft of personal property?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, simply complete your zip code.

Components of your Mazda RX-8 insurance prices

An important part of buying insurance is that you know the different types of things that are used to determine insurance coverage rates. If you have some idea of what determines premiums, this enables you to make decisions that may reward you with much lower annual insurance costs.

Listed below are most of the major factors used by companies to determine your prices.

• Buy a safe car and pay less – Safe vehicles tend to have better insurance rates. Vehicles engineered for safety result in less severe injuries and lower injury rates translates directly to fewer claims which can result in lower premiums. If your Mazda scored at minimum four stars on Safercar.gov you may pay a lower rate.
• Minor frequent policy claims are not good – Companies generally give the best rates to drivers who do not rely on their insurance for small claims. If you frequently file small claims, you can definitely plan on much higher rates or policy non-renewal. Insurance coverage is intended to be relied upon for the large, substantial claims.
• Premiums may be higher where you live – Residing in a small town can be a good thing when insuring your vehicles. Urban drivers have more traffic problems and more severe claims. Less people living in that area means a lower chance of having an accident.
• Never go without insurance coverage – Driving with no insurance is illegal and your next policy will cost more because you let your coverage lapse. In addition to paying higher premiums, getting caught without coverage will get you fines and jail time. You may then be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.

Specifics of your insurance policy

Having a good grasp of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be confusing and reading a policy is terribly boring. Listed below are the usual coverages found on most insurance policies.

Liability coverage

Liability coverage can cover damage or injury you incur to other people or property that is your fault. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims such as loss of income, emergency aid and funeral expenses. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive auto coverage

Comprehensive insurance covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like theft, vandalism, damage from flooding and damage from getting keyed. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for expenses such as hospital visits, dental work, pain medications, ambulance fees and doctor visits. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Collision insurance

Collision coverage pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a parking meter, hitting a mailbox, colliding with a tree and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Mazda RX-8.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally these coverages do not exceed the liability coverage limits.

Stretch your dollar

We just covered many ideas to save on 2010 Mazda RX-8 insurance. The key concept to understand is the more providers you compare, the better chance you’ll have of finding cheap auto insurance. Consumers could even find that the best price on auto insurance is with a lesser-known regional company. These smaller insurers may only write in your state and offer lower prices than their larger competitors like Progressive or GEICO.

When you buy auto insurance online, don’t be tempted to buy poor coverage just to save money. There are a lot of situations where someone sacrificed liability coverage limits to discover at claim time they didn’t have enough coverage. The goal is to buy enough coverage for the lowest price while not skimping on critical coverages.