It’s a fact that car insurance companies don’t want policyholders to compare prices from other companies. Insureds who compare price quotes are likely to switch car insurance companies because there is a significant possibility of finding coverage at a more affordable price. A recent study showed that consumers who compared rates once a year saved $3,400 over four years compared to policyholders who never shopped around for better prices.
If finding the lowest price for car insurance in Raleigh is your ultimate target, then understanding how to find companies and compare cheaper coverage can help you be more efficient.
The recommended way to find cheaper quotes for auto insurance rates is to start comparing prices yearly from different companies that insure vehicles in Raleigh. Prices can be compared by completing these steps.
- It will benefit you to learn about how insurance companies determine prices and the things you can change to prevent expensive coverage. Many factors that drive up the price like at-fault accidents, speeding tickets, and a not-so-good credit history can be eliminated by making minor changes to your lifestyle.
- Compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from one company like GEICO and Allstate, while independent agents can give you price quotes from many different companies.
- Compare the new quotes to the premium of your current policy and determine if cheaper 6 coverage is available in Raleigh. If you find a lower rate and make a switch, ensure coverage does not lapse between policies.
- Notify your company or agent of your decision to cancel your current car insurance policy. Submit a completed application and payment to the newly selected company. Once the paperwork is finalized, safely store the certificate verifying coverage with your vehicle’s registration.
The key aspect of shopping around is that you’ll want to compare the same amount of coverage on each price quote and and to analyze as many companies as you can. Doing this helps ensure a fair price comparison and a complete rate analysis.
The companies shown below provide quotes in Raleigh, NC. If multiple companies are listed, we recommend you get prices from several of them in order to find the lowest rates.
Get lower-cost Mazda 6 insurance in Raleigh with discounts
Companies offering auto insurance do not list every discount available very well, so below is a list some of the more common and the more hidden savings tricks you should be using when you buy Raleigh car insurance online.
- Switch and Save Discount – A few insurance companies give discounts for switching to them early. This discount can save up to 10%.
- Paperless Signup – Some of the larger companies will give you a small discount simply for signing on the internet.
- Claim Free – Drivers with accident-free driving histories get the best car insurance rates when compared with accident-prone drivers.
- Government Employees – Being employed by or retired from a federal job can save as much as 8% with a few car insurance companies.
- Student Discount for Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class in school.
While discounts sound great, it’s important to understand that some of the credits will not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.
The chart below compares Mazda 6 annual premium costs with and without discounts applied to the policy premium. The premium estimates are based on a male driver, no claims or violations, North Carolina state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, claim-free, multi-policy, safe-driver, and marriage discounts applied.
A list of car insurance companies and a selection of discounts are outlined below.
- Farm Bureau may offer discounts for good student, safe driver, renewal discount, multi-vehicle, youthful driver, and driver training.
- Liberty Mutual has savings for multi-car, preferred payment discount, new vehicle discount, new graduate, newly retired, and teen driver discount.
- State Farm offers discounts including good student, multiple autos, defensive driving training, multiple policy, and Steer Clear safe driver discount.
- Auto-Owners Insurance offers discounts for safe driver, multi-policy, student away at school, air bags, teen driver, and paperless.
- GEICO has discounts for defensive driver, emergency military deployment, driver training, military active duty, and multi-vehicle.
- SAFECO includes discounts for multi-car, anti-theft, bundle discounts, drive less, anti-lock brakes, accident prevention training, and homeowner.
When quoting, ask each company or agent which credits you are entitled to. Some credits may not apply everywhere.
Rates and statistics
The premium table displayed next covers different coverage prices for Mazda 6 models. Learning a little about how insurance policy premiums are calculated can help guide drivers when making decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $238 | $476 | $336 | $20 | $100 | $1,170 | $98 |
| 6 I SV 4-Dr Sedan | $238 | $476 | $336 | $20 | $100 | $1,170 | $98 |
| 6 I Touring 4-Dr Sedan | $238 | $476 | $336 | $20 | $100 | $1,170 | $98 |
| 6 I Touring Plus 4-Dr Sedan | $268 | $476 | $336 | $20 | $100 | $1,200 | $100 |
| 6 I Touring Plus 4-Dr Sedan | $268 | $476 | $336 | $20 | $100 | $1,200 | $100 |
| 6 I Grand Touring 4-Dr Sedan | $268 | $560 | $336 | $20 | $100 | $1,284 | $107 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $268 | $560 | $336 | $20 | $100 | $1,284 | $107 |
| 6 S Touring Plus 4-Dr Sedan | $268 | $560 | $336 | $20 | $100 | $1,284 | $107 |
| 6 S Grand Touring 4-Dr Sedan | $268 | $560 | $336 | $20 | $100 | $1,284 | $107 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $268 | $560 | $336 | $20 | $100 | $1,284 | $107 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Prices do not factor in Raleigh location which can alter coverage rates substantially.
Choosing deductibles
One common question asked by Raleigh drivers is the level to set your comp and collision deductibles. The comparisons below can help show the differences in premium rates when you choose different physical damage coverage deductibles. The first rate comparisons uses a $250 physical damage coverage deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $192 | $324 | $250 | $14 | $74 | $879 | $73 |
| 6 I SV 4-Dr Sedan | $192 | $324 | $250 | $14 | $74 | $879 | $73 |
| 6 I Touring 4-Dr Sedan | $192 | $324 | $250 | $14 | $74 | $879 | $73 |
| 6 I Touring Plus 4-Dr Sedan | $218 | $324 | $250 | $14 | $74 | $905 | $75 |
| 6 I Touring Plus 4-Dr Sedan | $218 | $324 | $250 | $14 | $74 | $905 | $75 |
| 6 I Grand Touring 4-Dr Sedan | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| 6 S Touring Plus 4-Dr Sedan | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| 6 S Grand Touring 4-Dr Sedan | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $118 | $204 | $250 | $14 | $74 | $660 | $55 |
| 6 I SV 4-Dr Sedan | $118 | $204 | $250 | $14 | $74 | $660 | $55 |
| 6 I Touring 4-Dr Sedan | $118 | $204 | $250 | $14 | $74 | $660 | $55 |
| 6 I Touring Plus 4-Dr Sedan | $134 | $204 | $250 | $14 | $74 | $676 | $56 |
| 6 I Touring Plus 4-Dr Sedan | $134 | $204 | $250 | $14 | $74 | $676 | $56 |
| 6 I Grand Touring 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 6 S Touring Plus 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 6 S Grand Touring 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Rate information does not factor in garaging location in Raleigh which can revise coverage prices greatly.
Based on this data, we can arrive at the conclusion that using a $250 deductible will cost in the ballpark of $20 more each month or $240 for a full year than selecting the higher $1,000 deductible. Since you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 38 months between claim filings, you would come out ahead by selecting a higher deductible.
The illustration below shows how choosing a deductible and can increase or decrease Mazda 6 insurance costs for each different age group. The premium estimates are based on a married female driver, comp and collision included, and no policy discounts are applied.
Liability only or full coverage
The illustration below illustrates the comparison of Mazda 6 insurance rates with full coverage compared to only the North Carolina minimum liability coverage. The price estimates are based on no claims or driving violations, $100 deductibles, marital status is single, and no discounts are factored in.
Are you wasting money paying for full coverage?
There is no definitive formula to eliminate physical damage coverage, but there is a guideline you can consider. If the annual cost of having full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you may need to consider dropping full coverage.
For example, let’s assume your Mazda 6 replacement cost is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $6,000 after paying the physical damage deductible. If you are paying in excess of $600 annually to have full coverage, then it might be time to buy liability only.
There are a few cases where dropping physical damage coverage is not advised. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should keep full coverage.
How Insurers Calculate Mazda 6 Insurance Prices
Many factors are part of the equation when quoting car insurance. Some factors are common sense such as your driving history, although others are more transparent like your continuous coverage and annual miles driven. It’s important that you understand some of the elements that go into determining your policy premiums. When you know what positively or negatively positively or negatively impacts your premiums, this empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
- Single drivers take more risk – Having a significant other can get you a discount on your auto insurance policy. Marriage translates into being more financially stable and insurance companies like that drivers who are married are more cautious.
- Never allow your auto insurance to lapse – Allowing your coverage to lapse will be a sure-fire way to increase your renewal premiums. In addition to paying higher rates, failure to provide proof of insurance might get you a hefty fine and possibly a revoked license.
- Lower rates with a multi-policy discount – Many insurance companies allow discounts to people who carry more than one policy, otherwise known as a multi-policy discount. Even with this discount applied, drivers will still want to shop around to confirm you are receiving the best rates possible.There is a good possibility that you can save money by buying insurance from more than one company.
- Lower prices with alarms and GPS tracking – Owning a car that has an advanced theft prevention system can help lower your premiums. Theft prevention features like OnStar, LoJack tracking, and tamper alarms all help prevent car theft and help bring rates down.
- Drive fewer miles and save – The higher the miles on your Mazda each year the higher the price you pay to insure it. The majority of insurers calculate prices based on how the vehicle is used. Cars and trucks that do not get driven very much can get a lower rate than cars that get driven a lot. An improperly rated 6 is throwing money out the window. It’s always a good idea to double check that your policy shows the correct driver usage, because improper ratings can cost you money.
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Driving citations inflate premiums – Careful drivers get better rates compared to drivers with tickets. Just one driving citation can bump up the cost substantially. Drivers unfortunate enough to have severe citations such as DWI, reckless driving or hit and run convictions may find that they have to to maintain a SR-22 with their state in order to legally drive a vehicle.
The information below illustrates how traffic citations and at-fault collisions can influence Mazda 6 insurance prices for each age group. The premiums assume a single female driver, full physical damage coverage, $100 deductibles, and no discounts are applied.
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Mazda 6 historical loss data – Companies analyze historical claim data to help determine rates. Vehicles that the data shows to have higher number or severity of losses will have higher rates. The table shown below demonstrates the insurance loss data used by companies for Mazda 6 vehicles.
For each policy coverage type, the loss probability for all vehicles combined as an average is considered to be 100. Values that are below 100 indicate a favorable loss history, while numbers above 100 indicate more frequent claims or statistically larger losses.
Insurance Loss Ratings for Mazda 6 Vehicles Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Mazda 6 99 92 112 94 98 94 BETTERAVERAGEWORSEData Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When should I have guidance from an agent?
Certain consumers still prefer to sit down and talk to an agent and that is not a bad decision Good insurance agents can make sure you are properly covered and help in the event of a claim. A nice benefit of price shopping on the web is that you can find cheap insurance rates and still choose a local agent.
To help locate an agent, after submitting this short form, your coverage information is immediately sent to local insurance agents who will give you quotes for your business. You won’t even need to contact any agents because quoted prices will be sent to you instantly. If you want to compare prices from a specific insurance provider, you can always search and find their rate quote page to submit a rate quote request.
Choosing an insurance company shouldn’t rely on just a cheap quote. The following questions are important to ask.
- What kind of financial rating does the company have?
- Is there a Errors and Omissions policy in force?
- How long have they been in business?
- Are they primarily personal or commercial lines agents in Raleigh?
- How often do they review coverages?
- Which companies can they place coverage with?
When looking for a local Raleigh insurance agency, it’s important to understand the different types of agencies and how they function. Insurance agents are either independent or exclusive. Either one can do a good job, but it’s worth learning how they are different because it may have an impact on the kind of agent you use.
Exclusive Agencies
Agents that elect to be exclusive can usually just insure with one company and some examples include State Farm, AAA, and Liberty Mutual. These agents are unable to provide other company’s prices so you might not find the best rates. Exclusive agencies receive a lot of sales training on sales techniques which helps overcome the inability to quote other rates.
Listed below is a short list of exclusive agents in Raleigh that can give you price quote information.
John Hill – State Farm Insurance Agent
7320 Six Forks Rd #200 – Raleigh, NC 27615 – (919) 848-0644 – View Map
Allstate Insurance: Bonnita Hargis
1620 Martin Luther King Jr Blvd #104 – Raleigh, NC 27610 – (919) 250-3606 – View Map
Allstate Insurance: Lauri W. Fair
9101 Leesville Rd Ste 111 – Raleigh, NC 27613 – (919) 846-3901 – View Map
Independent Insurance Agencies
Independent insurance agents do not write with just one company and that enables them to quote your coverage with many different companies depending on which coverage is best. If prices rise, your agent can switch companies without you having to go to a different agency. When comparing rates, we highly recommend that you check rates from a couple of independent agencies to get the most accurate price comparison.
Shown below is a list of independent agencies in Raleigh that are able to give price quote information.
Matt Roberts Agency, Inc.
1151 Falls River Avenue, Suite 105-A – Raleigh, NC 27614 – (919) 845-2999 – View Map
Blackmon Insurance Agency of North Carolina, Inc.
4280 Louisburg Rd – Raleigh, NC 27604 – (919) 875-8500 – View Map
Superior Insurance of Raleigh
2431 Spring Forest Rd #123 – Raleigh, NC 27615 – (919) 261-6164 – View Map
Ratings for North Carolina car insurance companies
Insuring your vehicle with the highest-rated insurer can be difficult considering how many different companies insure vehicles in North Carolina. The company information shown next may help you pick which coverage providers you want to consider when comparing rate quotes.
Top 10 Raleigh Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Top 10 Raleigh Car Insurance Companies Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance
Get the best coverage at the best price
Lower-priced auto insurance in Raleigh is definitely available online in addition to many Raleigh insurance agents, and you need to price shop both so you have a total pricing picture. Some auto insurance companies may not provide the ability to get quotes online and these small insurance companies only sell through independent agencies.
In this article, we presented a lot of ways to compare Mazda 6 insurance car insurance rates in Raleigh. The key thing to remember is the more providers you compare, the better likelihood of getting cheaper Raleigh car insurance quotes. You may even discover the best price on auto insurance is with the least-expected company. These smaller insurers may have significantly lower premium rates on certain market segments compared to the large companies like Allstate or State Farm.
As you prepare to switch companies, it’s very important that you do not reduce coverage to reduce premium. Too many times, someone sacrificed comprehensive coverage or liability limits to discover at claim time they didn’t purchase enough coverage. Your goal is to buy enough coverage for the lowest price, but do not skimp to save money.
To read more, feel free to browse these articles:
- Car Insurance: When not to Skimp (BankRate.com)
- Who Has Cheap Car Insurance for Immigrants in Raleigh? (FAQ)
- Who Has the Cheapest Raleigh Auto Insurance Rates for Low Income Drivers? (FAQ)
- How Much are Auto Insurance Quotes for a Subaru Outback in Raleigh? (FAQ)
- Alcohol Impaired Driving FAQ (iihs.org)
- Winter Driving (Insurance Information Institute)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)