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Originally the brand name of a line of cars manufactured by the Toyo Cork Kogyo Company in Japan in 1920, Mazda was then chosen to be the name of the company by 1984. The release and the overwhelming popularity and sales of the Mazda Miata came as a turning point in Mazda's history. Over the years, Mazda has manufactured a number of fantastic cars that have not only scored high on safety tests, but get good gas mileage as well. Some of Mazda's popular models include the affordable, super sporty Mazda MX-5, the hatchback Mazda 3, and the compact SUV Mazda CX-3.
Mazda is a company that has improved by leaps and bounds when it comes to manufacturing affordable cars with high quality. A 2014 list of best-selling cars in Canada placed the Mazda 3 as the fourth most popular car in the country, and was touted as the cheapest car to insure.
Mazda offers a wide range of cars that are looked on favourably by insurance companies. The company also has a first-time car owner program which makes buying a Mazda car that much easier. And so typically, finding low Mazda insurance rates is not all that hard.
The Mazda 3 ranked among the best selling vehicles in Canada in 2020, according to GoodCarBadCar.net. View the relative insurance economy, fuel efficiency and year-over-year sales data for the Mazda 3:
| Mazda model | Rank of insurance economy among top selling vehicles | Estimated annual fuel cost |
|---|---|---|
| Mazda 3 | Third | $1,718 - $2,011 |
| CX-5 | Eighth | $1,921 - $2,237 |
| Car Make & Model | 2020 Sales | 2019 Sales | Change |
|---|---|---|---|
| Mazda 3 | 14,788 | 21,276 | -30.49% |
| Mazda CX-5 | 30,583 | 27,696 | 10.42 |
When choosing a new car, one of the first things to consider is insurance rates. Most car insurance companies in Canada refer to the Canadian Loss Experience Automobile Rating when giving an insurance quote. This rating, which is usually just referred to as CLEAR, tells insurance companies just how much it is going to cost them should a car be stolen or involved in an accident.
Over the years, Mazda has been known to manufacture cars that CLEAR considers 'low risk'. Cars that achieve a 'low-risk' rating from CLEAR often receive lower insurance rates. Although it is always a good idea to check CLEAR before buying a car, keep in mind that the charts only cover cars that have been manufactured between the years 1999 and 2011. Thus, some of the new cars that Mazda has manufactured might not show up on this list.
Mazda strives for perfection, which is something that can be seen in their CLEAR reports. As a result, this makes Mazda a great brand of car to consider the next time you are thinking about purchasing a new car in Canada.
