Did your insurance go up for Mazda 5 upon renewal?
- Thread starter PolarBear
- Start date
Checked Insurance rates before I bought.
Yearly rate went up 6% but that is actually skewed a bit because I replaced a 10 year old car with a new Mazda 5. In my mind, my rate actually went down.
The Mazda5 was actually higher than a new Minivan (perhaps the lowest type of vehicles to insure....) and less than a Toyota Matrix or Rav4.
Yearly rate went up 6% but that is actually skewed a bit because I replaced a 10 year old car with a new Mazda 5. In my mind, my rate actually went down.
The Mazda5 was actually higher than a new Minivan (perhaps the lowest type of vehicles to insure....) and less than a Toyota Matrix or Rav4.
My friend got a Lexus RX350 the same day we got our 5, and we have the same insurance company, even the same agent. And they are paying less for their Lexus than my Mazda 5 (about $CDN 300/year difference)....
BTW, they also have one major accident a few years ago and I have none... called up my agent and she said Mazda 5 is in a higher risk group than 350, and told us we should talk to her before making a purchase decision .....
But anyway, the cost of gas evens it out in about 2 months I think ;-)
BTW, they also have one major accident a few years ago and I have none... called up my agent and she said Mazda 5 is in a higher risk group than 350, and told us we should talk to her before making a purchase decision .....
But anyway, the cost of gas evens it out in about 2 months I think ;-)
If I were you I'd look about switching insurance companies. I compared quite a few car insurance rates and the Mazda5 was relatively low compared to most SUVs and many other cars. Your insurance company might be mistaking the Mazda5 with the Mazda Mx5 which is very HIGH to insure.
When I talked to my insurance agent, he made the same mistake when he looked on his computer. I had to tell him "No, it's not a Mazda MX5, it's a Mazda5". Find a company that classifies it as a Minivan or a Wagon.
shark3bites
Member
Randyl, would you mind letting me know what you are paying? I'm also in Markham (Leslie/Hwy 7) area and I'm paying just under 1600. This is with Johnson and includes some sort of discount for having my house with them as well as an alumni discount(not that I think I get anything because of this).
Thanks.
GD
What does your registration say? Mine says wagon, that's why the insurance is so low.... I agree, you should check other insurance company's.......
Mazda5wannabe
Member
I pay about $1440 per year in BC. 3 million liability, $200 comprehensive deductible, $300 collision deductible, no accidents, no tickets that count (have to have more than 2 a year), classified as a wagon. We have government controlled insurance which we all purport to hate, until we hear what other people pay, then it's not so bad.
You should shop around and see what you can get elsewhere.
You should shop around and see what you can get elsewhere.
You definitely should shop around PolarBear. We are in Ontario as well and our annual premium before tax for the 2008 GT is about $1,300. Granted the car is registered under my wife's name since she is the primary driver and I have a corporate insurance policy, the difference shouldn't be that big ... unless you are a lot younger than us 
You definitely should shop around PolarBear. We are in Ontario as well and our annual premium before tax for the 2008 GT is about $1,300. Granted the car is registered under my wife's name since she is the primary driver and I have a corporate insurance policy, the difference shouldn't be that big ... unless you are a lot younger than us
Would you mind to share insurance company name you are with?
We're with Bel-Air. I've checked TD insurance, RBC, ING, PC Insurance.
All of them were giving me quotes even more.
No, we're not that young ;-)
Check with Statefarm so far theyre the cheapest when I shopped around for my insurance before I bought the 5
agent is Jane Cameron
(905) 619-0611
I'm with ING and paying about $1600/yr (collision+liability, 1000 deductable I think, that's with all the discount from the house, two cars, etc). I'm 38 with no ticket/accident in the last 8 years (actually only have had one ticket in all my driving experience).
That's the lowest I can find, I did shop around so I went with them. Statefarm is cheaper if they take you, and for some reason they didn't like me ;-(
That's the lowest I can find, I did shop around so I went with them. Statefarm is cheaper if they take you, and for some reason they didn't like me ;-(
I'm with the Co-operators, whose underwriter is COSECO. Mine is a group plan though, $1 mil liability, $500 deductible (collision & upset).
My insurance went up $300 year with State Farm for my 2008 M5 GS. Last car was a 2001 Corolla, standard. But I'm still under a $1000 Cdn a year. but with a $500 deductible.
sunglassguyjack
Member
- :
- 06 mazda5 07 legacy 96 dakota 03 kawasaki
Our insurance went down from a T&C I would bet its just a increase across the board and maybe a little higher because mazda5 parts may cost a little more. I have a really good policy....06 mazda5 07 legacy and a 96 dakota. Fullcoverage on both cars , liability on the truck and my homeowners in one policy is just over 2k. being a married, older, homeowner with clean record is a good thing.
