A little known fact about Mazda, it began in 1920 as a cork making company in Hiroshima, Japan.
In the 1930’s Mazda switched from corks to machine tools, then weapons during World War II. It wasn’t until 1984 when they formally adopted the Mazda name.
Today, Mazda produces a variety of compact and midsize cars and SUVs, with a focus on fuel economy and low emissions. The new MX-30 is Mazda’s first production electric vehicle.
When buying a Mazda or any other vehicle, one of the first questions should be how much is insurance going to cost. We break down car insurance rates for different Mazda models plus compare them to the competition to see where Mazda ranks for affordability.
How much does Mazda insurance cost?
For 2023 models, Mazda car insurance rates have an average range from $1,386 per year on a Mazda CX-5 up to $1,720 per year on the Mazda CX-9.
The average cost for all Mazda vehicles is $1,596 per year, which is 5.4% less than the U.S. national average auto insurance rate of $1,685. In fact, Mazda has the cheapest average car insurance rates of any other manufacturer.
Not the cheapest to insure nor the most expensive, models that rank closer to the average are the Mazda MX-5 Miata, Mazda MX-30, and Mazda 3. Average insurance rates for those three models are $1,630, $1,636, and $1,690, respectively.
The next table shows the average cost per year and month to insure the different models of Mazda vehicles. Discontinued (and future) models are indicated by the year next to the model names.
| Model | Annual Cost | Monthly Cost |
|---|---|---|
| Mazda 2 2014 and prior model years | $1,130 | $94 |
| Mazda 3 | $1,690 | $141 |
| Mazda 5 2016 and prior model years | $1,264 | $105 |
| Mazda 6 2022 and prior model years | $1,648 | $137 |
| Mazda CX-3 2021 and prior model years | $1,260 | $105 |
| Mazda CX-30 | $1,498 | $125 |
| Mazda CX-5 | $1,386 | $116 |
| Mazda CX-50 | $1,610 | $134 |
| Mazda CX-9 | $1,720 | $143 |
| Mazda Mazdaspeed 3 2013 and prior model years | $1,188 | $99 |
| Mazda MX-30 | $1,636 | $136 |
| Mazda MX-5 Miata | $1,630 | $136 |
Is Mazda auto insurance expensive?
At an average cost across all 2023 models of $1,596 per year, Mazda has some of the cheapest car insurance rates of any manufacturer. In our comparisons, Mazda ranks #1 for having the cheapest average rates.
As a Japanese brand, Mazda’s primary competitors are Toyota, Honda, and Nissan. When compared to these three automakers, Mazda insurance rates are $187 cheaper per year than Toyota, $16 cheaper per year than Honda, and $133 cheaper per year than Nissan.
In the comparison chart below, Mazda car insurance averages $1,596 per year and is shown as the first orange bar. The other competing Asian brands are shown in blue alphabetically.
As visualized above, average Mazda rates are not only cheaper than Honda, Toyota, and Nissan, but are also 1.4% cheaper per year than Subaru, another Japanese automaker.
When compared to the two South Korean automakers, Hyundai and Kia, Mazda insurance rates are 7.6% cheaper than Hyundai and 7% cheaper per year than Kia.
How does Mazda compare to U.S. automakers like Ford and Chevrolet? The table below adds in not only non-luxury U.S. brands like those two, but also includes a lot of luxury brands like BMW, Lexus, and Mercedes-Benz.
The last column in the table shows the insurance cost difference between each brand and Mazda. If the value is red, Mazda is cheaper. If the value is green, Mazda is more expensive.
| Automotive Brand | Insurance Cost | Difference |
|---|---|---|
| Mazda | $1,596 | -- |
| Acura | $1,980 | $384 |
| Audi | $2,273 | $677 |
| BMW | $2,368 | $772 |
| Cadillac | $1,861 | $265 |
| Chevrolet | $1,751 | $155 |
| Ford | $1,778 | $182 |
| Genesis | $2,048 | $452 |
| GMC | $1,831 | $235 |
| Honda | $1,612 | $16 |
| Hyundai | $1,722 | $126 |
| Infiniti | $2,126 | $530 |
| Jaguar | $2,116 | $520 |
| Jeep | $1,912 | $316 |
| Kia | $1,712 | $116 |
| Land Rover | $2,145 | $549 |
| Lexus | $2,012 | $416 |
| Lincoln | $1,926 | $330 |
| Mercedes-Benz | $2,416 | $820 |
| Mitsubishi | $1,785 | $189 |
| Nissan | $1,729 | $133 |
| Subaru | $1,619 | $23 |
| Tesla | $2,166 | $570 |
| Toyota | $1,783 | $187 |
| Volkswagen | $1,646 | $50 |
| Volvo | $1,879 | $283 |
It should be pretty obvious by all the red values in the Difference column that Mazda has really good average car insurance rates. It beats every luxury brand hands down, as well as every U.S. automaker. The only brands that even come close to the average cost of insuring a Mazda are Honda, Subaru, and Volkwagen.
What is the cheapest Mazda to insure?
For the 2023 model year, the cheapest Mazda insurance can be found on the Mazda CX-5, which is a small SUV costing $1,386 per year to insure, or around $116 per month. That model has a MSRP ranging from $26,700 to $39,650.
In second place for 2023, the Mazda CX-30 costs an average of $1,498 per year to insure. The sticker price on a Mazda CX-30 ranges from $22,950 to $35,400.
The list below ranks the top five cheapest Mazdas to insure for the 2023 model year, also including the Mazda CX-50, Mazda MX-5 Miata, and Mazda MX-30.
Top five cheapest Mazdas to insure in 2023
- Mazda CX-5 – A small SUV costing $1,386 per year or $116 per month
- Mazda CX-30 – A small SUV costing $1,498 per year or $125 per month
- Mazda CX-50 – A small SUV costing $1,610 per year or $134 per month
- Mazda MX-5 Miata – A sports car costing $1,630 per year or $136 per month
- Mazda MX-30 – A small SUV costing $1,636 per year or $136 per month
