Finding economical coverage for a Mazda CX-7 in New York is pretty simple, but it relies on a pretty complex algorithm that uses a lot of factors such as how long your commute is, the likelihood of your vehicle being stolen, and your motor vehicle report. New York drivers pay on average $940 per year to insure their CX-7, but that cost is an estimate based upon a 40-year-old single male driver with full comprehensive and collision coverage and $250 deductibles.
The problem with using this number is the good chance you aren’t exactly 40 years old or even a male, married instead of single, or maybe you prefer higher deductibles. Having just a slight change in the rating criteria used to formulate rates can make a big difference in the cost of insurance for a Mazda CX-7.
Auto insurance requires individual risk assessment, so the best way to find cheap car insurance rates for your Mazda is to just compare rates yourself. In less than five minutes you can get rates from some of the cheapest companies that insure Mazda vehicles in New York.
Vehicle trim level will likely have an effect on the yearly cost, so the price to insure a CX-7 SV 2WD trim level will be $124 cheaper than the insurance cost for the high end CX-7 Grand Touring 4WD trim level, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CX-7 SV 2WD||$200||$396||$320||$18||$96||$1,030||$86|
|CX-7 Sport 2WD||$226||$396||$320||$18||$96||$1,056||$88|
|CX-7 Touring 2WD||$226||$396||$320||$18||$96||$1,056||$88|
|CX-7 Touring 4WD||$226||$468||$320||$18||$96||$1,128||$94|
|CX-7 Grand Touring 2WD||$252||$468||$320||$18||$96||$1,154||$96|
|CX-7 Grand Touring 4WD||$252||$468||$320||$18||$96||$1,154||$96|
|Get Your Own Custom Quote Go|
Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New York minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Rates do not factor in specific location which can alter prices significantly.
Establishing which companies offer the cheapest car insurance rates for a Mazda CX-7 calls for a little more work than just quoting one company’s rates. Every auto insurer has their own guidelines for determining prices, so let’s take a look at the car insurance companies that tend to have lower prices in New York.
Keep in mind that New York car insurance rates are impacted by many factors that can increase the cost of coverage. Simply getting older, having a claim, or getting a driving violation can trigger price changes that can cause some rates to be cheaper than competitors.
Best Insurance Companies for Your CX-7
USAA may have some of the best car insurance rates in Buffalo at around $1,199 each year. Erie, Progressive, Utica National, and Allstate would also make the list of some of the lowest-priced Buffalo, NY car insurance companies.
In this example, if you buy coverage from Utica National and switched to Erie, you may realize an annual premium reduction of in the neighborhood of $329. New York drivers with Allstate may save as much as $336 a year, and Travelers customers might see rate reductions of $354 a year.
To find the cheapest coverage for you, click here to start your free quote or quote prices from the following companies.
Be aware that those estimates are averages for all insureds and vehicles and are not factoring in an exact location for a Mazda CX-7. So the car insurance company that can offer the best rates for your situation may not even be in the top 20 companies shown above. That helps illustrate why you need to quote rates from many companies using your own individual information.
Types of discounts on Buffalo auto insurance
Car insurance companies that provide policies for a Mazda CX-7 may additionally offer special discounts that could lower prices by 25% or more if you can meet the requirements. A few popular companies and a selection of discounts are shown below.
- State Farm may have discounts that include Steer Clear safe driver discount, good driver, accident-free, driver’s education, multiple autos, safe vehicle, and anti-theft.
- Progressive has savings for continuous coverage, online signing, homeowner, good student, and online quote discount.
- Travelers policyholders can earn discounts including payment discounts, multi-car, home ownership, IntelliDrive, new car, good student, and hybrid/electric vehicle.
- American Family may include discounts for TimeAway discount, accident-free, early bird, bundled insurance, and Steer into Savings.
- Liberty Mutual discounts include good student, new graduate, hybrid vehicle, preferred payment discount, and new move discount.
The chart below shows the difference between annual premium costs with and without discounts applied to the rates. The price estimates are based on a male driver, no tickets, no at-fault accidents, New York state minimum liability limits, full coverage, and $1,000 deductibles.
The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with passive restraint, defensive driving course, vehicle safety, multiple policy, claim-free, and accident-free discounts applied. When discounts are factored in, theaverage yearly reduction on car insurance for a Mazda CX-7 is 28% or $372.
Chances are good that you’re overpaying for CX-7 insurance
Buffalo, NY car insurance rates are influenced by many factors which can substantially decrease or increase the policy premium. Simply getting older, moving to a different location, or getting a couple of tickets can produce rate changes resulting in some rates now being much cheaper than others. Also, auto insurance companies amend pricing every year to help ensure profitability. Larger than normal claims can cause more expensive premiums, while profitable underwriting can cause lower-priced CX-7 insurance rates.
To illustrate this point, the graph below shows rates for the cheapest car insurance in Buffalo, NY for a 40-year-old male driver with no accidents or violations, and solid credit. When comparing rates based on his personal profile, USAA might quote the lowest car insurance rates in Buffalo at $1,859 a year. This is $216 less than the average rate paid by New York drivers of $2,075. Erie, Utica National, Progressive, and Travelers round out the rest of the most affordable Buffalo, NY auto insurance companies.
The chart below compares rates after we give the driver from above a claim, bad credit, and a speeding citation. Due to the fact that each insurance company has a different formula to set premium rates, comparing quotes may now result in a new list of cheap Buffalo auto insurance companies as shown below.
Amica now has the cheapest car insurance in Buffalo, NY with Allstate, Preferred Mutual, Erie, and New York Central Mutual now rounding out the top five. This example proves why Buffalo drivers need to compare rates when trying to get cheap insurance rates for a Mazda CX-7. Rates are made up of many factors and change substantially, so the best company three years ago may now be quite expensive.
How to find low-cost auto insurance for a Mazda CX-7
The list below summarizes a few thrifty ideas that can help Buffalo drivers find more affordable coverage.
- Avoid getting tickets or violations
- Avoid at-fault accidents and claims
- Increase your policy deductibles
- Buy your homeowners policy from the same company as your auto insurance
- Pay for smaller claims out-of-pocket
- Improve your credit
- Keep rates low by shopping around frequently
That last tip is certainly valuable, as was noted in the prior article. Coverage prices fluctuate constantly, so you should be ready to buy from a new company if a lower-cost policy is available. We understand brand loyalty, but it’s not recommended if that devotion results in you overpaying hundreds of dollars year after year. It only take a few minutes to shop around and find cheaper auto insurance for a Mazda CX-7 in Buffalo.