Compare the Cost of Mazda CX-5 Insurance by Model Year and Company

Driver age greatly influences car insurance costs for a Mazda CX-5. For example, a 16-year-old driving a 2013 model pays an average annual cost of $5,450, while a 40-year-old pays only around $1,194. For a 2022 model, a 16-year-old pays an average of $6,099 per year, while the average annual premium for a 40-year-old is comparatively low at just $1,361.

MoneyGeek also assessed the best Mazda CX-5 insurance providers, weighing not just the cost but also the quality of service and claims handling.

Insuring a Mazda CX-5 costs an average of $1,322 per year, but your choice of provider can substantially impact your final premium. State Farm offers the cheapest car insurance for a Mazda CX-5 at $1,070 per year for full coverage. Farmers is on the opposite end of the spectrum at $1,528 per year.

Alternatively, you may opt for a minimum coverage policy. In this case, State Farm is still the cheapest option at $461 per year, while Progressive is the priciest at $705 per year.

Insurance providers consider various factors when calculating rates for a particular Mazda CX-5. In general, a Mazda CX-5 is generally considered cheap to insure due to its relatively low value — it has an MSRP of $31,505 — and low horsepower. Vehicles with lower price tags are often cheaper to repair, leading to more affordable insurance rates. In addition, cars with lower horsepower tend to be involved in fewer major accidents, further contributing to their cheaper insurance cost.

Cost plays a significant role when choosing a policy for a Mazda CX-5, but it shouldn't be the only deciding factor. The best car insurance providers should offer competitive rates as well as adequate coverage and excellent customer support.

MoneyGeek found that the top insurance companies for a Mazda CX-5 are:

• State Farm: MoneyGeek score 90 out of 100 ($1,070 per year)
• GEICO: MoneyGeek score 90 out of 100 ($1,073 per year)

State Farm has the cheapest premiums for this vehicle type in our comparison group. It also earned high customer satisfaction ratings, making it the best overall option for Mazda CX-5 drivers.

The vehicle model year will affect the average car insurance cost for a Mazda CX-5. For instance, a full coverage policy for a 2013 Mazda CX-5 costs roughly $1,194 per year, while a 2022 model costs an estimated $1,361 per year to insure. Newer models usually cost more to insure than older ones since a car's value decreases over time.

In addition to your Mazda CX-5's model year, the insurance company you choose will also impact average insurance rates. State Farm is the cheapest insurer for a 2013 model, with an average premium of $1,003 per year. Meanwhile, for a 2022 model, Nationwide is the least expensive, costing around $1,071 per year.

Car insurance for teens and individuals in their 20s is more expensive than for drivers over 30. For a Mazda CX-5, a 16-year-old driver can expect an average full coverage cost of $5,840 per year, while a 40-year-old driver can get similar coverage for approximately $1,290 per year. However, rates for teens generally decrease with each passing year and tend to stabilize as they reach their 20s.

Teen drivers will get the cheapest rates on a family policy, as individual policies are much more expensive. In addition, teens under 18 are legally required to have a parent or guardian cosign in order to purchase an individual policy. State Farm has the cheapest full coverage rates for 16-year-old drivers at around $3,695 per year, whereas Farmers has the most expensive average annual premium at $8,493. These rates are for individual policies. Teens and their families should shop around and compare quotes from several insurance providers to find the cheapest car insurance for teens.

Insurance costs for a Mazda CX-5 vary greatly depending on factors including the driver's age and the vehicle's model type and year. However, location can be an even more important factor. The cheapest auto insurance company for a given sample car varies by state. In general, Idaho has some of the lowest auto insurance premiums in the country, while New York has some of the highest. It's always wise to compare insurance quotes from the cheapest insurers in your state to find the best rate.

MoneyGeek answered some frequently asked questions about Mazda CX-5 insurance to help you find the cheapest and best providers.