The way insurance companies determine car insurance rates for a Mazda — as with any other car brand — is a complex process with many variables taken into account.
The formulas insurers use — also known as the insurer’s underwriting standards — are considered trade secrets. We, the public, don’t enjoy much transparency about what goes into calculating insurance rates for a Mazda vehicle.
That's why it’s hard for us to say what the price of Mazda car insurance will be for you without knowing the specifics of your driving and insurance histories.
But insurance companies have disclosed some details about their underwriting process. For instance, we know that driver behaviour strongly influences rates. Having a clean driving record and no history of filing insurance claims for your Mazda will ensure that you get the preferred rate.
Car make also plays a big part, too. If keeping insurance costs to a minimum is important to you, then choosing a car with a good safety rating is a must. Insurance companies pay attention to safety ratings and cars with positive scores can often have a positive impact on your rates.
Newer Mazda models like the Mazda 3 and the Mazda CX-3 have received high scores from the U.S.-based Insurance Institute of Highway Safety and the National Highway Traffic Safety Association. Both organizations are widely regarded in North America as credible providers of consumer car safety ratings.
However, you may lose some savings if you chose a car model that’s a target of theft. The Insurance Bureau of Canada updates its list of the top 10 stolen cars annually. Luckily, Mazda cars do not rank on the list.
Due to all these factors, we can’t provide the exact average cost of Mazda insurance in Canada. The best way to find out how much car insurance for your Mazda will cost is to apply for a quote.
In the meantime, we can help by showing you car insurance rates for Mazdas from real Canadians who compared quotes on LowestRates.ca.
The following are real Mazda car insurance rates offered to LowestRates.ca users.