Mazda Cx-5 Auto Insurance: What's The Cost?

The cost of auto insurance for a Mazda CX-5 varies depending on several factors, including age, location, driving history, and insurance company. On average, full coverage insurance for a Mazda CX-5 costs around $270 per month or $1,322 per year, making it relatively cheap to insure compared to other cars. The cheapest insurance company for a Mazda CX-5 is typically USAA, followed by State Farm, which offers full coverage at an average of $1,070 per year. The cost of insurance also depends on the age of the driver, with a 16-year-old paying significantly more for insurance than a 40-year-old.

Average insurance cost

The average cost of insurance for a Mazda CX-5 is influenced by a variety of factors, including the driver's age, location, insurance provider, and the car's model year.

Average Annual Insurance Cost

The average annual insurance cost for a Mazda CX-5 is around $1,322, with the cheapest rates offered by State Farm at $1,070 per year for full coverage. The cost of insurance can vary significantly depending on the driver's age, with a 16-year-old driver paying an average of $5,450 per year, while a 40-year-old driver pays approximately $1,194.

Average Monthly Insurance Cost

The average monthly insurance cost for a Mazda CX-5 is estimated to be around $121 per month, with the most affordable insurance company, Allied, offering a monthly rate of $63.

Full Coverage Insurance Cost

Full coverage insurance for a Mazda CX-5 costs approximately $270 per month or $3,240 per year on average. This is relatively affordable compared to other cars, as Mazda CX-5 has a low value and low horsepower, resulting in cheaper repair costs.

Minimum Coverage Insurance Cost

For minimum coverage, State Farm is the cheapest option at $461 per year.

Insurance Cost by Age

The price of insurance for a Mazda CX-5 can vary based on the driver's age group. For example, a 16-year-old driver can expect to pay an average of $169.16 per month, while a 40-year-old driver may pay around $62.30 per month.

Insurance Cost by Location

The cost of insurance also depends on the driver's location, with rates varying by state. For instance, coverage in rural areas may be cheaper than in big cities due to lower accident risks.

Insurance Cost by Provider

The choice of insurance provider can significantly impact the final premium. State Farm and GEICO are often the most affordable options for Mazda CX-5 insurance, offering competitive rates and reliable customer service.

Insurance Cost by Model Year

The model year of the Mazda CX-5 also affects the insurance cost. For example, a 2013 model may cost around $1,194 per year to insure, while a 2022 model may cost approximately $1,361 per year.

It's important to note that these averages may not reflect the exact cost of insurance for a Mazda CX-5, as rates can vary based on individual circumstances and insurance providers.

Factors influencing insurance rates

The cost of auto insurance for a Mazda CX-5 depends on a variety of factors. These factors are used by insurance companies to determine the risk of the driver filing a car insurance claim. The lower the risk, the better the insurance rates. Here are some of the key factors that influence insurance rates:

• Age and Driving Experience: Younger and less experienced drivers tend to pay higher insurance rates as they are more likely to be involved in accidents. Drivers below the age of 25 are considered high-risk and have more expensive insurance premiums. On the other hand, drivers over 65 years of age are also charged higher rates due to an increased likelihood of accidents and injuries.
• Location: The state and city of residence play a significant role in determining insurance rates. Each state has different minimum car insurance requirements, and rates vary accordingly. Additionally, metropolitan areas tend to have higher insurance rates due to higher rates of theft, vandalism, and accidents. Rural areas generally have lower insurance rates.
• Driving Record: A driver's history, including traffic violations, accidents, and claims, is a crucial factor. A clean driving record can result in lower premiums and safe-driver discounts. Conversely, accidents, speeding tickets, and DUI convictions can lead to substantial increases in insurance rates.
• Credit History: Insurance companies may use credit-based insurance scores to determine rates, as lower credit scores are associated with a higher likelihood of filing claims. However, some states, such as California, Hawaii, Michigan, and Massachusetts, prohibit the use of credit history in calculating insurance rates.
• Vehicle Type and Safety: The make and model of the vehicle can impact insurance rates. Safer vehicles with high safety ratings may be eligible for discounts, while certain vehicles that are more prone to theft or have higher repair costs may be more expensive to insure.
• Coverage Selections: The type and amount of coverage selected will affect insurance rates. While liability insurance is required in most states, additional coverage types, such as collision, comprehensive, and medical expense coverage, can significantly influence the overall insurance cost.
• Annual Mileage: The number of miles driven annually can also impact insurance rates. Longer daily commutes or higher annual mileage may result in higher rates, as there is an increased risk of accidents or incidents.
• Marital Status: Marital status can influence insurance premiums since married drivers are statistically considered less risky and have fewer accidents compared to other drivers.

Cheapest insurance companies

Auto insurance for a Mazda CX-5 will cost about $1,869 per year. This beats the national average for popular SUV models by $1,026. This figure assumes a 40-year-old good driver with full coverage and good credit that drives around 13,000 miles per year.

Auto insurance premiums vary by age, state, insurance company, and mileage. Other factors such as recent accidents, traffic violations, and credit history also impact these rates.

The cost of auto insurance for a Mazda CX-5 also depends on the insurance company. For example, full coverage for a Mazda CX-5 costs $270 per month, or $3,240 per year, on average. USAA is usually the cheapest company for Mazda car insurance, if you qualify. Otherwise, State Farm is the cheapest for most people, with rates for the CX-5 at $185 per month, or $2,220 per year.

The cost of insurance also depends on the state in which you live. For example, coverage for drivers in states such as New Hampshire and Vermont may have an annual premium of $1,050. In New York or Michigan, the same coverage may cost $1,950.

Insurance by age

The cost of auto insurance for a Mazda CX-5 varies depending on several factors, including age, location, driving history, and insurance provider. On average, full coverage for a Mazda CX-5 costs $270 per month or $1,869 per year. However, insurance rates can differ significantly between providers for the same coverage, so it is important to compare quotes from multiple companies.

Age plays a significant role in determining insurance premiums. Here is a breakdown of the estimated monthly premium costs for the Mazda CX-5 in 2021, according to Smart Financial:

• 16 to 19 years old: $169.16
• 20 to 29 years old: $96.53
• 30 to 39 years old: $62.30
• 40 to 49 years old: $187.16
• 50 to 59 years old: $127.89
• 60+ years old: $135.77

The cost of auto insurance for an older driver versus a teen driver can vary significantly. For example, an older driver with a clean driving history and higher deductibles for physical damage may have an annual premium of around $1,300, while a teen driver with a clean driving history may pay an estimated premium of $5,000.

In addition to age, other factors such as location, driving history, credit history, and recent accidents or traffic violations can also impact insurance rates. It is recommended to compare quotes from multiple insurance companies and consider the various factors that affect insurance premiums to find the best coverage and rates for a Mazda CX-5.

Insurance by model year

The insurance cost for a Mazda CX-5 varies depending on the model year, with older models generally being cheaper to insure. Here is a breakdown of the average insurance costs for different model years of the Mazda CX-5:

2024 Mazda CX-5 Insurance

The average cost to insure a 2024 Mazda CX-5 is $348 per year with Safeco insurance. However, the insurance rates can vary depending on the specific insurance company and the trim level of the vehicle.

2023 Mazda CX-5 Insurance

The average cost of insurance for a 2023 Mazda CX-5 is $74 per year with Kemper Auto or Infinity. Again, the rates may differ depending on the insurance provider and the specific model of the vehicle.

2022 Mazda CX-5 Insurance

For a 2022 Mazda CX-5, the average cost of insurance is $342 per year with Victoria insurance. The insurance rates may vary based on the chosen insurance company and the vehicle's trim level.

2021 Mazda CX-5 Insurance

The average insurance cost for a 2021 Mazda CX-5 is $147 per year with AssuranceAmerica Mobile Max. The rates can differ depending on the insurance provider and the vehicle's specifications.

2020 Mazda CX-5 Insurance

The average cost of insurance for a 2020 Mazda CX-5 is $311 per year with American National P. The insurance rates may vary across different insurance companies and vehicle trim levels.

2019 Mazda CX-5 Insurance

For a 2019 Mazda CX-5, the average insurance cost is $334 per year with Kemper Personal Insurance. The rates may differ based on the chosen insurance provider and the specific model of the vehicle.

2018 Mazda CX-5 Insurance

The average cost of insurance for a 2018 Mazda CX-5 is $280 per year with NatGen Value. The insurance rates can vary depending on the insurance company and the vehicle's trim level.

2017 Mazda CX-5 Insurance

The average insurance cost for a 2017 Mazda CX-5 is $396 per year with American National P. The rates may differ depending on the chosen insurance provider and the vehicle's specifications.

2016 Mazda CX-5 Insurance

For a 2016 Mazda CX-5, the average insurance cost is $201 per year with Dairyland FR Bond. The insurance rates may vary across different insurance companies and vehicle trim levels.

2015 Mazda CX-5 Insurance

The average cost of insurance for a 2015 Mazda CX-5 is $255 per year with Safeco. The rates may differ depending on the chosen insurance provider and the specific model of the vehicle.

2014 Mazda CX-5 Insurance

For a 2014 Mazda CX-5, the average insurance cost is $60 per year with Safeco. The insurance rates can vary based on the chosen insurance company and the vehicle's trim level.

2013 Mazda CX-5 Insurance

The average insurance cost for the earliest model year, the 2013 Mazda CX-5, is $123 per year with Safeco.

It is important to note that insurance rates are not solely based on the model year of the Mazda CX-5. Factors such as the driver's age, location, driving history, and insurance company can also significantly impact the insurance costs. Additionally, insurance rates may change over time, so it is always a good idea to compare quotes from multiple insurance providers to find the most suitable coverage for your needs.

Frequently asked questions