Finding affordable auto insurance for a Mazda CX-7 can be really easy, but it hinges on a pretty complex algorithm that uses a lot of factors such as how old the vehicle is, your credit status, and citations on your driving record. Drivers will pay around $1,233 a year for CX-7 insurance, but that figure is an estimation using a 50-year-old married female driver with full physical damage coverage and $100 deductibles.
When making auto insurance estimates, the issue arises that you are not 50 and maybe not even a female, maybe you are single instead of married, and maybe you have sub-par credit that needs to be factored in. Not every driver requires the same auto insurance coverages, so the only way to find the cheapest coverage for your Mazda is to compare rates from as many companies as possible. Quotes are free and easy and you will receive price comparisons from the best auto insurance companies that sell coverage in Florida.
Vehicle trim level tends to have a direct impact on the annual cost of coverage, so the price you pay to insure a CX-7 SV 2WD will be $168 less than the cost to insure the more expensive CX-7 Grand Touring 4WD model, as shown in the table below.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
CX-7 SV 2WD | $276 | $538 | $392 | $24 | $118 | $1,348 | $112 |
CX-7 Sport 2WD | $312 | $538 | $392 | $24 | $118 | $1,384 | $115 |
CX-7 Touring 2WD | $312 | $538 | $392 | $24 | $118 | $1,384 | $115 |
CX-7 Touring 4WD | $312 | $634 | $392 | $24 | $118 | $1,480 | $123 |
CX-7 Grand Touring 2WD | $348 | $634 | $392 | $24 | $118 | $1,516 | $126 |
CX-7 Grand Touring 4WD | $348 | $634 | $392 | $24 | $118 | $1,516 | $126 |
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Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Price information does not factor in vehicle garaging location which can influence auto insurance rates substantially.
Which auto insurance company is best in Florida?
Buying coverage from the best auto insurance company can be difficult considering how many companies are available to choose from in Miami. The company ratings listed below can help you pick which car insurance providers to look at when insurance shopping for a Mazda CX-7.
These rankings only include large nationwide companies, so smaller regional companies are not included in this list. To compare prices from the most competitive companies in Florida, click here.
Top 10 Major Auto Insurance Companies in Miami Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Top 10 Major Auto Insurance Companies in Miami Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
Get discount Miami car insurance rates
Insurers that provide policies for a Mazda CX-7 may also give you discounts that could potentially reduce rates by as much as 30% if you meet the requirements. A few of the larger companies and their offered discounts are detailed below.
- GEICO may offer discounts for five-year accident-free, military active duty, anti-theft, daytime running lights, emergency military deployment, and membership and employees.
- USAA policyholders can earn discounts including new vehicle, multi-vehicle, loyalty savings, military installation, and good student.
- Progressive offers discounts including good student, multi-vehicle, continuous coverage, homeowner, online quote discount, online signing, and multi-policy.
- American Family offers premium reductions for Steer into Savings, good driver, air bags, bundled insurance, multi-vehicle, and defensive driver.
- Esurance has savings for online quote, claim free, anti-theft, safety device, and online shopper.
- Farmers Insurance discounts include bundle discounts, mature driver, pay in full, switch companies, youthful driver, multi-car, and good student.
- State Farm may have discounts that include accident-free, good student, Steer Clear safe driver discount, student away at school, and passive restraint.
The diagram below illustrates the difference between annual premium costs with and without discounts applied to the premium. The premiums are based on a female driver, no claims or driving violations, Florida state minimum liability limits, full coverage, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with multiple policy, accident-free, defensive driving course, homeowner, safe-driver, and anti-theft discounts applied. When drivers qualify for the discounts, theaverage amount saved on auto insurance for a Mazda CX-7 is 28% or $595.
Violations and accidents raise rates
A great way to earn low auto insurance premiums in Miami for a CX-7 is to be a good driver and avoid accidents and violations. The example below illustrates how violations and fender-benders can influence insurance costs for different ages of insureds. The rates are based on a single male driver, comp and collision included, $100 deductibles, and no other discounts are factored in.
The chart shows that the average cost of an auto insurance policy in Miami per year with a clean driving record and no accidents is $2,888. Add in one speeding ticket and the average cost increases to $3,250, an increase of $362 each year. Now add in one accident along with the one speeding ticket and the annual cost of auto insurance for a Mazda CX-7 increases to an average of $4,274. That’s an increase of $1,386, or $116 per month, just for not driving safely!
Low rates can quickly become overpriced
Florida auto insurance rates are influenced by many factors that control the cost of a policy. Improving your credit score, marrying your spouse, or getting a couple of tickets may prompt premium changes that may make certain companies affordable when they were higher priced. Not only may your risk profile change, but insurers modify rates multiple times each year to help ensure profitability. A period of increased losses can result in high rates, while better underwriting can cause cheaper CX-7 insurance rates.
To illustrate this point, the bar chart below compares the cheapest car insurance in Miami, FL for a 45-year-old female driver with a clean driving record, no accidents, and good financial standing. If we compare prices based on her current risk profile, USAA quotes the most affordable car insurance rates in Miami at $1,774 annually. This is $674 less than the average price paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Allied are also included in the cheapest Miami, FL auto insurance companies.
Now we will pretend the driver in the first example an at-fault accident, slightly worse credit, and a blemish on her driving record. Due to the fact that each insurance company has a unique approach for determining prices, analyzing rate quotes may now result in a different list of the cheapest companies as shown below.
USAA now has the best car insurance rate in Miami with Mercury, Esurance, Auto-Owners, and GEICO now rounding out the top five. This demonstrates why drivers need to perform a complete rate comparison to get cheap auto insurance rates for a Mazda CX-7. Prices are made up of many things and can increase or decrease at any time, so the best option the last time you compared rates may now be one of the higher cost companies.
How to find more affordable auto insurance for a Mazda CX-7
Here are some of the better penny-pinching solutions that can help Miami drivers quote more affordable coverage.
- Do not file small claims
- Save money by bundling your home and auto policies
- Raise your physical damage coverage deductibles
- Good credit scores may make rates cheaper
- Drop full coverage on older vehicles
- Drive vehicles with five-star safety ratings
- Shop around for lower rates once a year
That last idea is notably vital, as was stressed in this article. Auto insurance prices change constantly, so don’t be hesitant to buy from a new company if you can save money. Loyalty to a specific company is fine, but it’s not recommended if that loyalty results in overpaying several hundred dollars every year. It only take a few minutes to shop around and find cheaper insurance for a Mazda CX-7 in Miami.
The Miami auto insurance agencies shown below can most likely answer your questions and help you decide which policy is best, as some people prefer to have professional advice when shopping for cheaper insurance for a Mazda CX-7. It can be complicated to find the cheapest rates, so using a licensed agent can give you comfort knowing your coverage gives you enough coverage when you need it. To find a Miami insurance agency nearest to you, click the link after the list.
- Beck and Lo’s Insurance Agency
3636 NW 36th St – Miami, FL 33142 – (305) 634-3306 - GreatFlorida Insurance – Westchester Insurance Agency
8833 Bird Rd – Miami, FL 33165 – (786) 409-2211 - GEICO Insurance Agent
8514 SW 8th St – Miami, FL 33144 – (305) 595-2911