Finding more affordable Louisville Mazda Tribute insurance quotes can appear to be rather difficult for consumers that are not comfortable with quoting and price shopping on the web. With such a large choice of companies, how are we expected to efficiently compare all the different companies and get the lowest price?
How to buy discount Mazda Tribute insurance in Louisville
The easiest way to find lower priced Mazda Tribute insurance in Louisville is to compare quotes once a year from different companies who can sell car insurance in Kentucky.
- Spend a few minutes and learn about individual coverages and the measures you can control to lower rates. Many rating factors that cause rate increases such as speeding tickets, accidents and poor credit history can be eliminated by being financially responsible and driving safely. Read the full article for information to get low prices and find more discounts that you may not know about.
- Compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like Progressive and State Farm, while independent agencies can provide price quotes for a wide range of companies.
- Compare the new quotes to your current policy to see if cheaper Tribute coverage is available in Louisville. If you find better rates and decide to switch, verify that coverage does not lapse between policies.
- Notify your agent or company of your intention to cancel your existing policy. Submit the signed application along with the required initial payment for your new policy. Immediately keep the new certificate verifying proof of insurance in your vehicle.
One thing to point out is to make sure you enter identical deductibles and limits on each quote and and to get quotes from every insurance company. This ensures a fair price comparison and the best price selection.
Surprisingly, a recent survey revealed that the vast majority of car insurance customers in Kentucky have bought car insurance from the same company for over three years, and just short of a majority have never quoted car insurance rates at all. Consumers in the United States could pocket nearly 46.5% a year by just comparing rate quotes, but they don’t invest the time required to shop around.
If you already have coverage, you will surely be able to get lower rates using the concepts you’re about to learn. Buying the most affordable insurance coverage in Louisville is not that difficult. But Kentucky vehicle owners need to have an understanding of the way insurance companies market insurance on the web and use it to find better rates.
Companies offering Mazda Tribute insurance in Kentucky
The companies shown below offer price quotes in Kentucky. To find the best cheap car insurance in Louisville, KY, it’s highly recommended you get prices from several of them to get the cheapest price.
Analysis of Mazda Tribute rates
The data table shown next outlines estimates of prices for Mazda Tribute models. Learning how auto insurance policy rates are determined can help customers make decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tribute I Sport 2WD | $172 | $388 | $360 | $22 | $108 | $1,050 | $88 |
| Tribute I Sport 4WD | $172 | $388 | $360 | $22 | $108 | $1,050 | $88 |
| Tribute I Touring 2WD | $172 | $388 | $360 | $22 | $108 | $1,050 | $88 |
| Tribute I Grand Touring 2WD | $196 | $388 | $360 | $22 | $108 | $1,074 | $90 |
| Tribute I Touring 4WD | $196 | $388 | $360 | $22 | $108 | $1,074 | $90 |
| Tribute I Grand Touring 4WD | $196 | $456 | $360 | $22 | $108 | $1,142 | $95 |
| Tribute S Grand Touring 2WD | $196 | $456 | $360 | $22 | $108 | $1,142 | $95 |
| Tribute S Grand Touring 4WD | $196 | $456 | $360 | $22 | $108 | $1,142 | $95 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Table data does not factor in garaging location in Louisville which can revise price quotes greatly.
Choosing deductibles
A question often asked by Louisville drivers is at what level do you set your deductibles. The comparisons below may help to illustrate the differences in premium rates when you select higher and lower physical damage coverage deductibles. The first data table uses a $250 comprehensive and collision deductible and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tribute I Sport 2WD | $220 | $426 | $278 | $16 | $84 | $1,049 | $87 |
| Tribute I Sport 4WD | $220 | $426 | $278 | $16 | $84 | $1,049 | $87 |
| Tribute I Touring 2WD | $220 | $426 | $278 | $16 | $84 | $1,049 | $87 |
| Tribute I Grand Touring 2WD | $252 | $426 | $278 | $16 | $84 | $1,081 | $90 |
| Tribute I Touring 4WD | $252 | $426 | $278 | $16 | $84 | $1,081 | $90 |
| Tribute I Grand Touring 4WD | $252 | $500 | $278 | $16 | $84 | $1,155 | $96 |
| Tribute S Grand Touring 2WD | $252 | $500 | $278 | $16 | $84 | $1,155 | $96 |
| Tribute S Grand Touring 4WD | $252 | $500 | $278 | $16 | $84 | $1,155 | $96 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tribute I Sport 2WD | $178 | $342 | $278 | $16 | $84 | $898 | $75 |
| Tribute I Sport 4WD | $178 | $342 | $278 | $16 | $84 | $898 | $75 |
| Tribute I Touring 2WD | $178 | $342 | $278 | $16 | $84 | $898 | $75 |
| Tribute I Grand Touring 2WD | $206 | $342 | $278 | $16 | $84 | $926 | $77 |
| Tribute I Touring 4WD | $206 | $342 | $278 | $16 | $84 | $926 | $77 |
| Tribute I Grand Touring 4WD | $206 | $404 | $278 | $16 | $84 | $988 | $82 |
| Tribute S Grand Touring 2WD | $206 | $404 | $278 | $16 | $84 | $988 | $82 |
| Tribute S Grand Touring 4WD | $206 | $404 | $278 | $16 | $84 | $988 | $82 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rate information does not factor in vehicle location which can influence rates substantially.
Based on this data, using a $250 deductible will cost you about $13 more each month or $156 annually across all Mazda Tribute models than requesting the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you tend to average at a minimum 19 months between claim filings, you would probably come out ahead if you choose a higher deductible.
Premiums by gender and age
The chart below compares Mazda Tribute insurance costs for male and female drivers. The costs are based on no claims or driving citations, full physical damage coverage, $250 deductibles, single status, and no additional discounts are factored in.
Cost difference between full coverage and liability
The chart below illustrates the difference between Mazda Tribute auto insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Kentucky. The rates are based on no driving violations, no at-fault accidents, $500 deductibles, single status, and no discounts are applied to the premium.
When to drop comprehensive and collision coverage
There isn’t a written rule to stop paying for physical damage coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.
For example, let’s say your Mazda Tribute replacement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would receive is $5,000 after paying your deductible. If you are currently paying more than $500 a year for your policy with full coverage, then it’s probably a good time to buy liability coverage only.
There are some cases where dropping full coverage is not a good plan. If you haven’t satisfied your loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not opt for liability only.
You Can Change Your Insurance Costs
The best way to find cheaper auto insurance is to take a look at the rating factors that help calculate auto insurance rates. If you have a feel for what controls the rates you pay, this enables informed choices that may result in big savings.
The items below are just a few of the factors that factor into your rate level.
Tickets and citations cost more than a fine – Having a clean driving record influences premium rates substantially. Having a single chargeable violation can increase the cost of insurance twenty percent or more. Drivers with clean records get better rates as compared to those with violations. Drivers who have gotten license-revoking citations such as reckless driving or DUI may find that they have to to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent their license from being revoked.
The illustration below illustrates how traffic citations and at-fault fender-benders increase Mazda Tribute annual premium costs for different age groups. The information is based on a married female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
Do you work long hours in a stressful employer? – Jobs such as judges, executives, and accountants tend to pay higher average rates in part from intense work situations and extremely grueling work hours. On the other hand, jobs like professors, students and the unemployed generally pay rates lower than average.
Remove unneeded add-on coverages – Policies have optional add-on coverages that you can buy on your Tribute policy. Things like personal injury protection, death and dismemberment, and additional equipment coverage may not be needed and are just wasting money. They may sound like good ideas when you first buy your policy, but if they’re wasting money consider taking them off your policy.
Discounts for multiple policies – Most insurers allow discounts for people that have more than one policy. It’s known as a multi-policy discount. Even with this discount applied, you still need to get quotes from other companies to help guarantee you have the best rates. You may still be able to find a better deal by insuring with multiple companies.
Insurance companies don’t like frequent insurance claims – Auto insurance companies in Kentucky award the lowest premiums to drivers who are not frequent claim filers. If you frequently file small claims, you can look forward to increased rates or even have your policy non-renewed. Insurance coverage is meant to be used in the event of more catastrophic claims.
Cheaper rates with discounts
Some insurers don’t always publicize every policy discount in an easy-to-find place, so the list below gives a summary of both the well known and also the more inconspicuous credits available to you.
- Payment Method – By paying your policy upfront rather than paying in monthly installments you can actually save on your bill.
- Membership in Organizations – Having an affiliation with a civic or occupational organization in Louisville is a good way to get lower rates on your policy.
- One Accident Forgiven – Not really a discount, but a few companies such as Allstate, State Farm and GEICO allow you one accident without raising rates if you are claim-free for a set time period.
- New Vehicle Savings – Buying a new car instead of a used Tribute can be considerably cheaper since newer models have better safety ratings.
- Save over 55 – If you qualify as a senior citizen, you can possibly qualify for a discount up to 10%.
- Discount for Home Ownership – Just owning your own home can save a few bucks because maintaining a house demonstrates responsibility.
- Employee of Federal Government – Simply working for the federal government may reduce rates when you quote Louisville auto insurance with some insurance companies.
- Service Members Pay Less – Having an actively deployed family member could qualify you for better premium rates.
- Defensive Driving Course – Taking part in a course that instructs on driving safety is a good idea and can lower rates if your company offers it.
- Good Students Pay Less – Excelling in school can save 20 to 25%. The discount lasts up to age 25.
A little disclaimer on discounts, most discount credits are not given to your bottom line cost. Most only cut the cost of specific coverages such as liability, collision or medical payments. Even though the math looks like it’s possible to get free car insurance, you won’t be that lucky.
The example below shows the comparison of Mazda Tribute premium costs with and without discounts. The information is based on a female driver, a clean driving record, no claims, Kentucky 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, claim-free, multi-car, multi-policy, safe-driver, and homeowner discounts applied.
Auto insurance companies that have most of these discounts include:
If you are trying to find the cheapest Mazda Tribute rate quotes, ask every insurance company how many discounts you can get. All car insurance discounts might not be offered on policies in every state. To see a list of insurers who offer discounts in Louisville, click here.
Local Louisville car insurance agents
Many drivers prefer to get advice from a local agent and often times that is recommended One of the best bonuses of getting free rate quotes online is that you can obtain the lowest rates and also buy local.
To find an agent, once you fill out this short form, your insurance coverage information is immediately sent to agents in your area who will give you quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to leave your computer because prices are sent to you instantly. You can most likely find cheaper rates and work with a local agent. If you want to quote rates from a particular provider, don’t hesitate to visit that company’s website and submit a quote form there.
Deciding on an provider requires more thought than just a low price. The following questions are important to ask.
- Will your rates increase after a single accident?
- How much can you save by raising your physical damage deductibles?
- Can glass claims be handled at your home?
- Do they feel the quoted coverages are adequate?
- Do the agents have professional certifications like CPCU or CIC?
- Will the company cover a rental car if your car is getting fixed?
- Do they assist clients in filing claims?
- Is the quote a firm price?
If you want a local Louisville insurance agent, there are two different types of agencies that you can select. Auto insurance agents in Louisville are considered either independent (non-exclusive) or exclusive.
Exclusive Auto Insurance Agencies
Exclusive agents generally can only insure with one company and some examples include AAA, Allstate, State Farm, or Farmers Insurance. They usually cannot give you multiple price quotes so they have to upsell other benefits. Exclusive agencies are trained well on their company’s products which aids in selling service over price. Some consumers prefer to choose to use a exclusive agent partially due to loyalty to the company and the convenience of having all coverages with one company.
Shown below is a short list of exclusive agents in Louisville that are able to give price quotes.
- Thomas Baker – State Farm Insurance Agent
709 S 4th St – Louisville, KY 40202 – (502) 584-6358 – View Map - Mary Henry – State Farm Insurance Agent
5800 Bardstown Rd – Louisville, KY 40291 – (502) 491-7797 – View Map - Allstate Insurance: Larry Hatzell
406 Blankenbaker Pkwy, Ste C2 – Louisville, KY 40243 – (502) 244-1079 – View Map
Independent Auto Insurance Agents
Agents in the independent channel can sell policies from many different companies and that is an advantage because they can write policies through lots of different companies and get you the best rates possible. If you are not satisfied with one company, an independent agent can move your coverage and you don’t have to switch agencies. When comparison shopping, we recommend you include a couple of independent agencies to get the best comparison. A lot of them also have access to smaller mutual companies that many times have cheaper rates.
Shown below is a list of independent agents in Louisville that can give you rate quotes.
- Nelson Insurance Group
2000 Envoy Cir # 2000 – Louisville, KY 40299 – (502) 736-7000 – View Map - Nationwide Insurance: Jerry Kays Insurance Inc
3701 Taylorsville Rd #1a – Louisville, KY 40220 – (502) 459-0833 – View Map - Dolack Insurance Agency Inc.
4050 Westport Rd – Louisville, KY 40207 – (502) 333-0577 – View Map
How to find a good Kentucky auto insurance company
Insuring your vehicle with the top auto insurance provider can be difficult considering how many choices drivers have in Louisville. The company information shown next can help you decide which providers to look at when looking for cheaper rates.
Top 10 Louisville Car Insurance Companies Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- Erie Insurance
- Esurance
- The General
More comparisons equals affordable rates
A few companies do not offer online rate quotes and many times these small insurance companies only sell coverage through independent insurance agencies. The cheapest Mazda Tribute insurance in Louisville can be found from both online companies and with local Louisville insurance agents, so compare prices from both in order to have the best chance of saving money.
When buying insurance coverage, never skimp on critical coverages to save a buck or two. In many instances, someone dropped collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your objective should be to purchase a proper amount of coverage at the best cost while not skimping on critical coverages.
People who switch companies do it for any number of reasons including extreme rates for teen drivers, delays in paying claims, questionable increases in premium and even lack of trust in their agent. Whatever your reason, finding a new auto insurance company can be less work than you think.
Steps to buying affordable Mazda Tribute insurance in Louisville
If you want to find the absolute lowest rates, then the best way to get the cheapest Mazda Tribute insurance is to make a habit of comparing prices annually from insurers in Louisville.
- Take a little time to learn about car insurance and the steps you can take to prevent rate increases. Many rating criteria that drive up the price such as accidents, traffic tickets, and a poor credit rating can be rectified by being financially responsible and driving safely.
- Quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from a single company like Progressive or Farmers Insurance, while independent agents can provide rate quotes from multiple companies. View prices
- Compare the price quotes to your existing rates and determine if there is any savings. If you find a lower rate and decide to switch, make sure there is no lapse in coverage.
A crucial key to this process is that you’ll want to make sure you compare identical coverages on every price quote and and to get prices from every insurance company. Doing this helps ensure a fair rate comparison and the best rate selection.
Even more information can be read by following these links:
- A Tree Fell on Your Car: Now What? (Allstate)
- Who Has Cheap Auto Insurance Quotes for a GMC Sierra in Louisville? (FAQ)
- Who Has Cheap Car Insurance Rates for a 20 Year Old Male in Louisville? (FAQ)
- How Much are Car Insurance Quotes for a Hyundai Elantra in Louisville? (FAQ)
- How Much is Car Insurance for Drivers Under 25 in Louisville? (FAQ)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Booster Seat Ratings (iihs.org)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Vehicle Insurance in the U.S. (Wikipedia)