Why does my 2018 Toyota Tacoma cost less to insure than my 2017 Mazda CX-5 if the Tacoma cost more?

I have both a Tacoma and a CX-5. The Tacoma cost $10,000 more to purchase than the CX-5, yet it's far cheaper to insure. Why would a vehicle that cost more be cheaper to insure, even if they both have full coverage?

Apr 23, 2021
Answer provided by
Eric Schad
Answered at Apr 23, 2021
“The price you paid for a vehicle doesn’t have nearly as much to do with your policy price as you may think, especially if it’s not a super expensive or rare vehicle.
Other factors that determine the price for your car insurance include:
  • Annual mileage
  • Driving record
  • Where you live
  • Type of vehicle
It shouldn’t come as too much of a surprise that one’s more expensive than the other, especially if the CX-5 is classified as sporty. If you aren’t sure why there is such a discrepancy, call your insurance company to get a definitive answer.”
ToyotaMazdaCar Insurance

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