No car owner likes buying insurance, especially when they know they could find better prices if they shop around.

Insurance quote for Mazda 3 in Fort CollinsUnbelievably, nearly 70% of customers kept buying from the same company for at least four years, and nearly 40% of drivers have never even compared rates from other companies. Most drivers in Colorado could pocket up to 35% a year just by shopping around, but they feel it's too difficult to shop their coverage around.

Big-name insurance companies like State Farm, GEICO and Farmers Insurance all promote huge savings with TV and radio ads and consumers find it hard to sift through the bull and take the time to shop coverage around.

You should make it a habit to price shop coverage occasionally since prices change frequently. Even if you think you had the best price on Mazda 3 insurance in Fort Collins a couple years back a different company probably has better rate quotes today. Forget anything you know (or think you know) about insurance because I'm going to teach you the best way to lower your annual insurance bill.

If you are insured now, you will be able to find the best rates using the concepts you're about to learn. Finding the cheapest coverage in Fort Collins is not that difficult as long as you know where to start. But Colorado car owners should learn how big insurance companies calculate your policy premium and use it to find better rates.

Finding Mazda 3 insurance in Fort Collins

When comparison shopping, there are several ways to compare quotes from lots of Colorado auto insurance companies. The best method to find competitive Mazda 3 insurance rates is to perform an online rate comparison.

Comparing free rates online is easy and it, makes it obsolete to go to insurance agents' offices. The ability to buy insurance online can eliminate the need for a local agent unless your situation requires the professional assistance of a local agency. Drivers can price shop your coverage online but have a local agent actually write the policy.

Just remember that getting more free quotes increases your odds of finding the best price.

The providers in the list below are ready to provide comparison quotes in Colorado. If the list has multiple companies, we suggest you visit several of them to get the lowest price.

Mazda 3 Insurance Costs in Fort Collins, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
3 I Sport 4-Dr Sedan $272 $458 $352 $20 $106 $1,208 $101
3 I SV 4-Dr Sedan $232 $454 $330 $20 $98 $1,134 $95
3 I Touring 4-Dr Sedan $186 $416 $474 $28 $142 $1,246 $104
3 S Sport 4-Dr Hatchback $240 $492 $456 $28 $136 $1,352 $113
3 S Sport 4-Dr Sedan $388 $644 $460 $28 $138 $1,658 $138
3 S Grand Touring 4-Dr Hatchback $300 $620 $426 $26 $128 $1,500 $125
3 S Grand Touring 4-Dr Sedan $298 $528 $358 $22 $108 $1,314 $110
Get Your Own Custom Quote Go

Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Rate information does not factor in the specific area where the vehicle is garaged which can affect price quotes significantly.

Driving violations and accidents

The illustration below shows how violations and at-fault collisions can drive up Mazda 3 insurance rates for different ages of insureds. The prices are based on a married male driver, full physical damage coverage, $250 deductibles, and no policy discounts are applied.

Physical damage deductibles: Should you raise them?

When buying auto insurance, a common question is where to set your physical damage deductibles. The comparisons below lay out the rate fluctuation between high and low coverage deductibles. The first pricing table uses a $100 physical damage coverage deductible and the second price chart uses a $1,000 deductible.

Mazda 3 insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
3 I Sport 4-Dr Sedan $302 $546 $352 $20 $106 $1,351 $113
3 I SV 4-Dr Sedan $302 $546 $352 $20 $106 $1,351 $113
3 I Touring 4-Dr Sedan $302 $644 $352 $20 $106 $1,449 $121
3 S Sport 4-Dr Hatchback $342 $644 $352 $20 $106 $1,489 $124
3 S Sport 4-Dr Sedan $342 $644 $352 $20 $106 $1,489 $124
3 S Grand Touring 4-Dr Hatchback $342 $644 $352 $20 $106 $1,489 $124
3 S Grand Touring 4-Dr Sedan $342 $644 $352 $20 $106 $1,489 $124
Get Your Own Custom Quote Go
Mazda 3 insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
3 I Sport 4-Dr Sedan $168 $288 $352 $20 $106 $934 $78
3 I SV 4-Dr Sedan $168 $288 $352 $20 $106 $934 $78
3 I Touring 4-Dr Sedan $168 $340 $352 $20 $106 $986 $82
3 S Sport 4-Dr Hatchback $190 $340 $352 $20 $106 $1,008 $84
3 S Sport 4-Dr Sedan $190 $340 $352 $20 $106 $1,008 $84
3 S Grand Touring 4-Dr Hatchback $190 $340 $352 $20 $106 $1,008 $84
3 S Grand Touring 4-Dr Sedan $190 $340 $352 $20 $106 $1,008 $84
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Premium amounts do not factor in specific location information which can influence auto insurance rates considerably.

Using the data above, we can ascertain that using a $100 deductible costs roughly $38 more each month or $456 every year than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you have at least 24 months between claim filings, you would more than likely save some money if you choose the higher deductible.

Calculate deductible break even point

Average monthly premium for $100 deductibles: $120
Average monthly premium for $1,000 deductibles (subtract): - $82
Monthly savings from raising deductible: $38
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $38
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 24 months

One important issue to know is that raising deductibles to get cheaper rates means you will have to pay more when you have a comprehensive or collision claim. You need enough extra savings in the event you need to pay the deductible for vehicle repair.

Comparison of auto insurance rates by gender and age in Fort Collins

The example below shows the difference between Mazda 3 premium costs for male and female drivers. The data is based on a clean driving record, no claims, comp and collision included, $250 deductibles, drivers are not married, and no discounts are factored in.

Protect more than your vehicle

Despite the high cost, maintaining insurance is most likely required but also gives you several important benefits.

The benefits of having car insurance are definitely more than the cost, especially when you need to use it. On average, a vehicle owner in Fort Collins overpays as much as $830 a year so it's important to compare rates each time the policy renews to save money.

Why Your Insurance Rates might be higher

The best way to find cheaper auto insurance is to take a look at some of the elements that aid in calculating your premiums. When you know what positively or negatively influences your rates, this enables you to make decisions that will entitle you to better auto insurance rates. Many different elements are part of the equation when you get a price on insurance. Most are fairly basic such as your driving history, but others are more transparent like your continuous coverage or how safe your car is.

Discounts for auto and home policies - Most companies provide better rates to policyholders that purchase more than one policy. It's known as a multi-policy discount. Discounts can amount to as much as ten percent or more Even though this discount sounds good, it's in your best interest to compare Mazda 3 rates in Fort Collins to ensure the best deal.

Your job and auto insurance rates - Occupations like military personnel, business owners and accountants tend to pay higher rates than average in part from high stress and incredibly demanding work hours. On the flip side, careers such as actors, historians and performers pay lower than average rates.

Responsible drivers pay better premiums - Your driving record impacts your car insurance rates tremendously. Careful drivers pay lower auto insurance prices compared to bad drivers. Getting just one driving citation can bump up the cost to the point where it's not affordable. Drivers who have received serious tickets like reckless driving or DUI may face state-mandated requirements to maintain a SR-22 to the state department of motor vehicles in order to prevent their license from being revoked.

Alarms and GPS tracking lower rates - Buying a car with advanced anti-theft systems can save you a little every year. Theft prevention devices like OnStar, LoJack tracking, and tamper alarms all help prevent auto theft.

Men pay more for insurance - Statistics demonstrate females are less aggressive when driving. However, don't assume that women are BETTER drivers than men. Both sexes tend to get into accidents at about the same rate, but males tend to have higher claims. Men also statistically get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly. Teenage male drivers cause the most accidents and thus pay the highest rates.

Insurance losses for a Mazda 3 - Insurance companies analyze past claim statistics to help determine rates. Vehicles that statistically have a higher amount or frequency of claims will have higher premium rates. The information below illustrates the historical insurance loss data for Mazda 3 vehicles.

For each coverage type, the statistical loss for all vehicles, regardless of make or model, is a value of 100. Values that are 100 or less suggest a better than average loss history, while values that are above 100 indicate more frequent claims or an increased probability of a larger loss.

Insurance Loss Ratings for Mazda 3 Vehicles

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Mazda 3 99 104 96 106 110 103
Mazda 3 Hatchback 91 80 96 81 73 86

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Slash your auto insurance rates with discounts

Not many people think insurance is cheap, but you might find some hidden discounts that you may not even be aware of. Certain discounts will be applied at the time of quoting, but a few must be inquired about in order for you to get them. If you do not check that you are getting every discount available, you could be paying more than you need to.Auto insurance discounts

Discounts save money, but please remember that many deductions do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Despite the appearance that adding up those discounts means a free policy, that's just not realistic. But all discounts should help reduce your premiums.

The best auto insurance companies and a partial list of their discounts include:

Before you buy a policy, ask all companies you are considering to give you their best rates. Discounts may not be available in Fort Collins. To see a list of insurance companies that offer discounts in Fort Collins, click this link.

Insurance agents can give valuable advice

A small number of people still prefer to buy from a local agent and that is just fine! The best thing about getting online price quotes is you may find lower rates and still buy from a local agent. Buying insurance from local agencies is definitely important in Fort Collins.

Insurance agency in Fort CollinsUpon completion of this quick form, the coverage information is sent to agents in your area who will gladly provide quotes for your coverage. You won't need to search for an agent since price quotes are sent to you directly. Get lower rates and work with a local agent. If you wish to get a price quote from a specific company, you can always go to their quote page and fill out their quote form.

Is an exclusive or independent car insurance agent right for you?

When narrowing the list to find a reliable insurance agent, it's important to understand the different types of agencies from which to choose. Insurance agencies in Fort Collins are classified as either independent agents or exclusive agents.

Independent Insurance Agents

Independent agents often have many company appointments so they can quote policies with lots of companies enabling the ability to shop coverage around. If you want to switch companies, the agent simply finds a different carrier which makes it simple for you.

When comparison shopping, we recommend you get rate quotes from at least one independent agent to get the most accurate price comparison.

Listed below are Fort Collins independent agencies who may provide free price quotes.

148 W Oak St - Fort Collins, CO 80524 - (970) 490-1530 - View Map

2850 McClelland Dr #3000 - Fort Collins, CO 80525 - (970) 207-0600 - View Map

144 N Mason St # 5 - Fort Collins, CO 80524 - (970) 672-8853 - View Map

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Exclusive Insurance Agencies

Agents in the exclusive channel are contracted to one company such as State Farm or Allstate. Exclusive agents cannot provide prices from multiple companies so you need to shop around if the rates are high. These agents are well schooled on their products and sales techniques which helps them compete with independent agents.

Shown below are exclusive agents in Fort Collins that are able to give price quotes.

1015 S Taft Hill Rd - Fort Collins, CO 80521 - (970) 232-9212 - View Map

1008 Driftwood Dr Ste B - Fort Collins, CO 80525 - (970) 204-1100 - View Map

902 W Drake Rd #5 - Fort Collins, CO 80526 - (970) 493-2323 - View Map

More insurance agents

Finding the right car insurance agent shouldn't rely on just the bottom line cost. Below are some questions you should ask.

Smart shoppers get results

When shopping online for insurance, make sure you don't buy poor coverage just to save money. In many instances, someone sacrificed liability limits or collision coverage only to regret at claim time that the few dollars in savings costed them thousands. The aim is to buy enough coverage at the best cost and still be able to protect your assets.

Cheaper Mazda 3 insurance in Fort Collins is attainable both online as well as from insurance agents, so you need to shop Fort Collins auto insurance with both to have the best rate selection. Some insurance companies may not offer online price quotes and many times these regional carriers only sell through independent agents.

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