Who Has the Cheapest Car Insurance Quotes for a Mazda CX-7 in Austin?

Buying the best cheap insurance for a Mazda CX-7 in Texas can be pretty simple, but it is dependent upon many rating criteria such as whether you are married or single, the size of your vehicle, and the deductible amount you use. Texas drivers will pay around $814 per year for CX-7 insurance, but that amount is an estimate using a 50-year-old married male driver with full coverage and $1,000 deductibles.

It’s more than likely you are not 50 years old and maybe not even male, maybe you are single instead of married, or maybe you just want different deductibles. Just a minor difference in rating criteria or coverage limits may result in a big change in the cost of insurance.

This shows why the best way to find cheap insurance prices for your Mazda is to do the rate comparisons yourself.

Compare Rates Now

Vehicle trim level will influence the coverage cost, so the price to insure a CX-7 SV 2WD will be $82 less than the cost to insure the more expensive CX-7 Grand Touring 4WD trim level, as shown in the chart below.

Mazda CX-7 Insurance Rates in Austin, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CX-7 SV 2WD $142 $266 $366 $22 $110 $906 $76
CX-7 Sport 2WD $160 $266 $366 $22 $110 $924 $77
CX-7 Touring 2WD $160 $266 $366 $22 $110 $924 $77
CX-7 Touring 4WD $160 $312 $366 $22 $110 $970 $81
CX-7 Grand Touring 2WD $178 $312 $366 $22 $110 $988 $82
CX-7 Grand Touring 4WD $178 $312 $366 $22 $110 $988 $82
Get Your Own Custom Quote Go

Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Table data does not factor in vehicle location which can affect premiums significantly.

Choosing a good quality company can be challenging considering how many different insurance companies sell coverage in Texas. The company rank data listed below may help you choose which auto insurers you want to consider when comparing rate quotes.

These rankings include companies with a nationwide focus, so companies that may only write in Texas are not factored into this list. If you would like to check rates and find cheaper insurance for a Mazda CX-7, simply click here.

Best Ten Car Insurance Companies for a Mazda CX-7 in Austin
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
Mercury Insurance 97 96 88 89% A+ 93.4
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
Compare Rates Now Go

Data Source: Insure.com Best Car Insurance Companies

Does it make sense to buy full coverage?

Finding cheaper car insurance should be important to most vehicle owners, and a great way to find cheap insurance for a Mazda CX-7 is to only buy liability coverage. The illustration below compares premium costs with full physical damage coverage and with liability coverage only. The price estimates are based on no accidents or driving violations, $500 deductibles, single status, and no discounts are factored in.

If we average the cost for all age groups, physical damage coverage costs $2,123 per year over and above liability only. That is a big expense that brings up the question if full coverage is worth the money. There is no specific rule to stop buying full coverage, but there is a guideline you can consider. If the annual cost of coverage is 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.

There are a few cases where removing full coverage is not in your best interest. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage.

Are you paying too much for car insurance?

Texas car insurance rates are based on many factors that may substantially change the cost of your policy. Simply having another birthday, getting divorced, or getting caught speeding may cause policy rate changes that can cause some rates to be more affordable than competitors. Additionally, insurers change their prices multiple times each year in order to maintain liquidity for claims. Significantly higher claims can cause higher rates, while profitable underwriting can cause cheaper CX-7 insurance rates.

To help illustrate this point, the graph below demonstrates which company has the cheapest car insurance in Austin, TX for a 35-year-old male driver with no prior accidents, a clean driving record, and excellent credit. If we compare prices based on his personal risk profile, Travelers offers the lowest car insurance rates in Austin at $1,116 annually. This is $788 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also on the list of the cheapest Austin, TX auto insurance companies.

The next chart shows rates after we give the driver from the first set of rates a chargeable accident, a lower credit rating, and a speeding ticket. Since each company has a proprietary method to set policy rates, analyzing rates most likely will result in a significantly different list of affordable companies as shown below.

Mercury now has the cheapest insurance rate in Austin with State Farm, Nationwide, Safe Auto, and USAA also having competitive pricing. This example illustrates why Austin drivers need to shop around with many companies when trying to find the cheapest car insurance quotes for a Mazda CX-7. Insurance rates are influenced by many different factors and can change substantially, so the lowest-price company two years ago may now cost much more than other companies.