Mazda CX-5 is a safe and reliable car that offers a lot of nice features. However, it can also be expensive to insure.
The price of your Mazda CX-5 insurance depends on many factors, including safety ratings and your driving record. Here are some tips to help you find the best rate possible for your vehicle.
Safety Ratings
When it comes to safety, the Mazda CX-5 is among the safest compact SUVs on the market. It’s rated as a Top Safety Pick+ by the Insurance Institute for Highway Safety and has received top crash test ratings from the National Highway Traffic Safety Administration.
The National Highway Traffic Safety Administration rates cars and trucks in the United States based on their performance in six main crash tests, which include frontal crashes, side impact crashes and rollovers. Each category is assigned one to five stars, with five stars indicating the best protection for passengers and drivers in an accident.
In addition to its high crash-test ratings, the Mazda CX-5 also boasts a variety of advanced safety features. These include a rearview camera, blind-spot monitoring, rear cross-traffic alert, lane-departure warning, lane-keep assist and forward collision warning.
These features are part of the Safety Pack that comes standard on every Mazda CX-5 model. The base CX-5 S is priced at $28,500 and includes heated front seats, a power-adjustable driver’s seat and dual-zone automatic climate control.
A CX-5 Touring trim is available for $31,590 and adds leather upholstery, heated second-row seats, a power moonroof and an eight-speaker audio system with a navigation system. The Preferred trim rings in at $29,590 and adds a power-adjustable passenger seat, genuine leather upholstery and dual-zone automatic climate control.
The 2021 Mazda CX-5 was a Top Safety Pick+ by the Insurance institute for Highway Safety (IIHS) and earned a good rating in the updated side crash test. The IIHS says that the updated side crash test is important because it’s designed to combat the problem of side-impact crashes resulting in death or serious injuries for occupants.
In fact, the Mazda CX-5 was the only small sport utility vehicle to earn a good rating in both the original and the updated side crash test. This is good news because the institute notes that these crashes are responsible for a quarter of all fatalities in vehicles.
In addition to the safety ratings, the Mazda CX-5 also has a great predicted reliability score from J.D. Power, which is a big plus for drivers who want peace of mind while they’re on the road. It’s also a relatively inexpensive vehicle to insure, thanks to its excellent customer satisfaction ratings and low repair costs.
Insurance Loss Ratios
Insurance loss ratios are one of the most important factors that determine your car insurance rates. They help you compare the costs of various insurance companies and decide which one is best for you.
Insurance is an expensive part of owning a vehicle, and it can be even more expensive in some states. That’s why it’s always a good idea to shop around for the best coverage.
There are several different factors that can affect your Mazda CX-5 car insurance rate, including the model year of your vehicle and the trim level you choose. In addition, the type of deductibles you choose can also make a big difference in your rate.
Increasing your deductibles can make your insurance more affordable and save you money in the long run. For example, boosting your deductible from $500 to $1,000 could save you $242 per year for a 40-year-old driver and $470 per year for a 20-year-old driver.
Deductibles are a great way to lower your overall cost of insurance, but they do have their downsides. For instance, if you’re at fault for an accident and your deductible is low, you’ll have to pay out-of-pocket if you need to file a claim.
However, if you’re a responsible driver and pay your premiums on time, you can often find better rates by raising your deductibles or shopping around for a new provider.
In addition, a good driver can qualify for safe-driving discounts that can further cut your insurance bill. These discounts are available from many different insurers and can be an excellent way to save on your insurance.
Another factor that can impact your Mazda CX-5 car insurance rate is the age of your vehicle. Older models are usually cheaper to insure because they’re less likely to get into accidents.
Deductibles
The cost of your Mazda CX-5 insurance can depend on a number of factors, including where you live, the model and trim you choose, and your driving history. You can find out how much your policy will cost by comparing rates from multiple companies.
Safety ratings are a factor that can affect your car insurance rates, and the CX-5 has received many top safety picks from the Insurance Institute for Highway Safety. The CX-5's 'Good' rating means it earns the best possible score from the IHSS and will reflect positively on your premiums.
In addition, your car's crash test results can also play a role in your rates. The CX-5 receives a 5-star crash test rating from the NHTSA, which is the highest score possible and makes it one of the safest cars in its class.
Choosing the right deductibles for your Mazda CX-5 can help you save money on your insurance costs. The higher your deductible, the less you will have to pay out in a claim, and the lower your monthly payments will be.
You can find out your Mazda CX-5's deductible by calling your insurer or by comparing deductibles online. You'll need to fill out a form with your driver information and your vehicle's details, and the company will get back to you with a quote.
Your deductible can vary from one insurance provider to the next, and it's important to know exactly how much you will have to pay out if your car is damaged in an accident. Having the right deductible can save you a significant amount of money, especially if you have an older car with an expensive repair bill.
Another way to lower your deductible is to make sure you have comprehensive coverage on your policy. This type of coverage protects your car from damage caused by things other than accidents, such as fires, hail, and vandalism.
The average deductible for the Mazda CX-5 is $500, but you can find cheaper deductibles by shopping around. A good way to do this is by using an online comparison tool like The Zebra, which allows you to compare deductibles from different companies.
Discounts
You can find a range of discounts to reduce the cost of your Mazda CX-5 car insurance. These can be based on your age, where you live and other factors. Whether you're looking for good student discount, a senior discount or a waiver for an accident, there's a variety of options available to save money on your policy.
Getting a quote from multiple companies can help you compare costs and get the best rate for your situation. Several online tools exist that can give you access to quotes from top insurers, saving you time and hassle.
The model and trim of the vehicle you drive can also have an impact on your insurance rates. Older models generally have lower insurance costs than newer ones.
Drivers who have a clean driving record may qualify for a discount on their policy. Some insurers will waive your deductible in exchange for a claim-free history, while others may offer discounts to drivers who have never had an accident or violations on their records.
Your state can also play a role in how much you pay for your Mazda CX-5 car insurance. Some states require higher levels of coverage than others, so you might pay more if you live in a more expensive state.
Younger drivers often pay more for their auto insurance than older drivers, since teenagers are statistically more likely to be in accidents. This is because they have less experience and are more likely to make mistakes on the road.
In addition to these factors, the type of coverage you choose can have a significant impact on the price of your Mazda CX-5 car insurance. For example, liability-only policies are typically the most affordable option, while full coverage is usually more expensive.
You should also consider the model and trim of the Mazda CX-5 you have, as these can have a major impact on the insurance cost of your car. Some models are more expensive than others to insure, owing to the increased risk of crash damage.
A good place to start shopping for the cheapest Mazda CX-5 car insurance is by comparing quotes from different providers online. Most of these websites can provide you with a range of quotes from different insurers in your area, so you should be able to find the best deal for your needs.