Mazda Car Insurance

Within its lineup of products some of the most popular Mazdas include the Mazda3, CX-5 and CX-3.

CX-50s and CX-30s have also been added to the line up but only really vary from the CX-5 and CX-3, respectively, by cargo space, a slight increase in length and width. The CX-50 is geared towards an older demographic, while the CX-5 is for younger drivers. In overall size, the CX-50 is slightly larger than the CX-5, measuring 4,720 mm long and 1,920 mm wide. The same is true in the CX-3 and CX-30 categories, with a slightly lower price point for both the CX-5 and CX-3. Also, the CX-30 is available in four different trimsor packages in Mazda speak: Sport, Select, Preferred, and Premium.

The 2023 Mazda3 has a reliability score of 77 out of 100. A J.D. Power predicted reliability score of 91-100 is considered the Best, 81-90 is Great, 70-80 is Average. The car, while compact, has a new 191 horsepower base engine, increased fuel economy estimates and is available in All Wheel Drive.

US News and World Report ranks in no. 2 out of 10 in the compact car category is well priced and gets an 8.6 out of 10 overall.

Car insurance rates have been on the rise, not least of all because of higher theft and crime rates. A report on theft says vehicle theft was up by 50 per cent in Quebec year over year, by 48.3 per cent in Ontario, by 34.5 per cent in Atlantic Canada and by 18.3 per cent in Alberta.

But despite higher rates and insurance companies pricing in the risk of theft, there are still as many ways to save on insurance as there are cars to choose from. Much of it depends on you, your driving record and where you live. But here are the most impactful moves you can make to lower your rate:

1. Keep a clean driving and insurance record This is part of the long-game. Rates decrease as you mature and keep your record clean. The longer you drive and gain experience, the lower your rates will be. Insurance providers will discriminate based on age or inexperience, so stay safe and the savings will come.
2. Take a pass on optional coverages Over time your cars value will depreciate to the point where it makes little sense to have extra coverage for collision and comprehensive insurance. Vehicles five years old or more typically don't need collision or comprehensive insurance.
3. Increase your deductible The deductible is how much you agree to pay out of pocket for damages before your insurance company pays out your benefit. Agreeing to pay more up front reduces your risk factor in the eyes of your insurance provider. Lower risk equals better rates.
4. Try usage-based insurance If you drive 12,000 kilometres a year or less, consider getting a usage-based insurance policy. When you apply for a car insurance policy, insurance companies ask you to predict the number of kilometres you expect to log over the coming year. This leads some people to inflate the number to stay on the safe side. A usage-based policy offers more flexibility than a traditional policy. After you use up your base number of kilometres, you pay for every extra 1,000 kilometres you drive. Essentially, you can err on the side of being a low-mileage driver, reap a cheaper premium, and pay the difference on the off chance you do go over your allotment of kilometres.
5. Sign up for telematics Telematics refers to insurance technology that monitors your driving habits. Insurance companies give you a compact sensor you install in your car and pair with an app.
   Together, the devices can monitor your speed, how hard you brake, and the distance travelled. If you prove to have good habits and a safe record you could see up to 20% in some cases. Some insurance companies offer an initial discount for enrolling in the program.
   Telematics programs are available in Ontario, Nova Scotia, New Brunswick, Quebec, and Alberta. Unfortunately, insurance companies can use the information to raise your rates in Ontario.
6. Compare rates Be sure to compare rates. Car insurance companies in provinces with private insurance markets don't charge the same for coverage. The price of your car insurance depends on the insurer you choose. In 2022, RATESDOTCA drivers saved an average of $800 annually in Ontario. Both the Auto Insurance Rate Board of Alberta and the Financial Services Regulatory Authority of Ontario recommend shopping around as a strategy to find a lower rate.

Comparing rates is also a good way to leverage your current provider if you want to stay with them but also want to negotiate.