- Mazda 3 insurance costs around $1,962 per year, $981 for a 6-month policy, or $164 per month.
- The Mazda 3 base 2.5 S trim level is the cheapest to insure at around $1,826 per year. The most expensive trim is the 2.5 Turbo Premium Plus Hatchback model at $2,102 per year.
- Out of 15 vehicles in the 2024 compact car segment, the Mazda 3 ranks 12th for insurance affordability.
How much does Mazda 3 insurance cost?
Mazda 3 car insurance rates average $1,962 a year for a policy that includes full coverage. Monthly insurance cost for a Mazda 3 ranges from $152 to $175, depending on the trim level.
Expect to pay around $86 more per year for Mazda 3 insurance compared to the overall average cost for the compact car segment, and $79 more per year than the all-vehicle national average cost of $1,883.
The following chart illustrates how average 2024 Mazda 3 insurance cost varies with changes in driver age and coverage deductibles.
What is the cheapest Mazda 3 insurance?
The cheapest Mazda 3 car insurance can be found on the base 2.5 S at around $1,826 per year. The second cheapest model to insure is the 2.5 S Select Sport at $1,842 per year.
For better-equipped Mazda 3 trim levels, the three most expensive models to insure are the Mazda 3 2.5 Carbon Turbo Hatchback, the 2.5 S Turbo Premium Plus, and the 2.5 Turbo Premium Plus Hatchback trim levels all at an average rate of $2,102 per year.
An average driver can plan on budgeting between $152 to $175 per month for full coverage Mazda 3 insurance. It’s important to note, however, that rates can vary substantially based on factors like driver age, driver location, and any prior at-fault accidents or driving citations.
The rate table below details average yearly and semi-annual car insurance rates, plus a monthly budget figure, for each Mazda 3 model trim level.
| 2024 Mazda 3 Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| 2.5 S | $1,826 | $152 |
| 2.5 S Select Sport | $1,842 | $154 |
| 2.5 S Select Sport Hatchback | $1,872 | $156 |
| 2.5 S Preferred | $1,888 | $157 |
| 2.5 S Preferred Hatchback | $1,918 | $160 |
| 2.5 S Carbon Edition | $1,964 | $164 |
| 2.5 S Carbon Edition Hatchback | $1,990 | $166 |
| 2.5 S Premium Hatchback | $1,994 | $166 |
| 2.5 Carbon Turbo | $2,018 | $168 |
| 2.5 Carbon Turbo Hatchback | $2,040 | $170 |
| 2.5 S Turbo Premium Plus | $2,086 | $174 |
| 2.5 Turbo Premium Plus Hatchback | $2,102 | $175 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated February 23, 2024
Where does Mazda 3 insurance cost rank?
The Mazda 3 ranks 12th out of 15 total comparison vehicles in the small car segment. It costs an average of $1,962 per year to insure, while the category median cost is $1,876 annually, a difference of $86 per year.
When the Mazda 3 is compared to other small cars, insurance costs $282 more per year than the Honda Civic, $112 more than the Toyota Corolla, $224 more than the Nissan Sentra, and $100 less than the Hyundai Elantra.
The table below shows how the average car insurance cost for a Mazda 3 compares to the entire small car segment. Also included is the insurance cost difference between each model and the Mazda 3.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Toyota GR Corolla | $1,650 | -$312 |
| 2 | Nissan Leaf | $1,662 | -$300 |
| 3 | Honda Civic | $1,680 | -$282 |
| 4 | Nissan Sentra | $1,738 | -$224 |
| 5 | Subaru Impreza | $1,744 | -$218 |
| 6 | Toyota Prius | $1,772 | -$190 |
| 7 | Toyota Corolla | $1,850 | -$112 |
| 8 | Kia Forte | $1,852 | -$110 |
| 9 | Nissan Versa | $1,872 | -$90 |
| 10 | Mitsubishi Mirage G4 | $1,916 | -$46 |
| 11 | Volkswagen Jetta | $1,918 | -$44 |
| 12 | Mazda 3 | $1,962 | -- |
| 13 | Hyundai Elantra | $2,062 | $100 |
| 14 | Volkswagen Golf | $2,098 | $136 |
| 15 | Toyota Mirai | $2,362 | $400 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2024 model year. Updated February 23, 2024
A Mazda 3 has an average MSRP of $29,550, ranging from the cheapest 2.5 S model at $24,170 to the most expensive 2.5 Turbo Premium Plus Hatchback costing $36,650.
The compact cars that have purchase prices closest to the Mazda 3 are the Honda Civic, Nissan Leaf, Hyundai Elantra, and Volkswagen Jetta.
The next list takes those four models and compares them to the Mazda 3 for both average MSRP and the cost to insure for full coverage. Visit our car insurance rate comparisons index for a full list of our head-to-head insurance rate comparisons.
- Mazda 3 vs. Honda Civic – The average MSRP for a 2024 Mazda 3 is $421 more expensive than the Honda Civic, at $29,550 compared to $29,130. Buying car insurance for the Honda Civic costs an average of $282 less per year than the Mazda 3.
- Mazda 3 vs. Nissan Leaf – For a new 2024 model, the MSRP for the Nissan Leaf averages $2,615 more than the average MSRP for the Mazda 3 ($32,165 compared to $29,550). Expect to pay approximately $300 less annually for insurance on the Nissan Leaf compared to a Mazda 3.
- Mazda 3 vs. Hyundai Elantra – The average MSRP for a 2024 Mazda 3 is $2,874 more expensive than the Hyundai Elantra, at $29,550 compared to $26,676. Insurance for the Hyundai Elantra costs an average of $100 more each year than the Mazda 3.
- Mazda 3 vs. Volkswagen Jetta – The 2024 Mazda 3 has an average MSRP that is $3,285 more expensive than the Volkswagen Jetta ($29,550 versus $26,265). Insurance on a Mazda 3 costs an average of $44 more every 12 months than the Volkswagen Jetta.
Does a newer model cost more to insure?
Forgoing new 2024 models and instead driving a used 2014 Mazda 3 could cut your insurance cost by $818 per year at a bare minimum.
The table below shows the average insurance policy premiums for a Mazda 3 for a range of model years and driver ages. Insurance rates range from a minimum of $964 for a 60-year-old driver rated on a 2014 Mazda 3 to the most expensive rate of $3,936 for a 20-year-old driver rated on a 2024 model.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2024 Mazda 3 | $3,936 | $1,962 | $1,628 |
| 2023 Mazda 3 | $3,520 | $1,766 | $1,472 |
| 2022 Mazda 3 | $3,420 | $1,712 | $1,428 |
| 2021 Mazda 3 | $3,048 | $1,526 | $1,274 |
| 2020 Mazda 3 | $2,966 | $1,486 | $1,240 |
| 2019 Mazda 3 | $2,794 | $1,396 | $1,168 |
| 2018 Mazda 3 | $2,516 | $1,260 | $1,056 |
| 2017 Mazda 3 | $2,426 | $1,214 | $1,020 |
| 2016 Mazda 3 | $2,492 | $1,246 | $1,044 |
| 2015 Mazda 3 | $2,354 | $1,178 | $990 |
| 2014 Mazda 3 | $2,284 | $1,144 | $964 |
| 2013 Mazda 3 | $2,192 | $1,098 | $926 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all Mazda 3 trim levels for each model year. Updated February 23, 2024
At some point down the road, the decision needs to be made to delete coverage for physical damage claims from a policy. As a Mazda 3 loses value as it ages, the cost required to keep physical damage insurance is more than the benefits provided by full coverage.
Dropping full coverage on an older Mazda 3 may save $604 per year, depending on where the physical damage deductibles were set and the age of the rated driver.
How much are Mazda 3 insurance rates for teens?
Average car insurance rates for teenage drivers on a 2024 Mazda 3 range from a low of $4,654 for insurance for a 19-year-old female driver to a high of $6,956 for insurance for a 16-year-old male driver. Older models can reduce this cost somewhat, as demonstrated in the chart below.
The Insurance Institute for Highway Safety (IIHS) ranked the Mazda 3 as one of the best small cars for teenagers. The chart below shows average car insurance rates for male and female drivers aged 16 to 19 when insured on a 2017 Mazda 3 with full coverage.
We used a 2017 Mazda 3 as the example vehicle for the chart above, but the IIHS article recommended the Mazda 3 back to the 2014 model year. That may be close to the point where full coverage can be eliminated entirely, since insuring for liability-only coverage is a good way to reduce the cost of insurance for teens.
Other insights about Mazda 3 insurance rates include:
- Increase physical damage deductibles to save money. Raising your policy deductibles from $500 to $1,000 could save around $312 per year for a 40-year-old driver and $606 per year for a 20-year-old driver.
- Low deductibles will increase rates. Lowering your physical damage coverage deductibles from $500 to $250 could cost an additional $326 per year for a 40-year-old driver and $640 per year for a 20-year-old driver.
- Safe drivers have lower car insurance rates. At-fault accidents increase insurance cost, potentially by an extra $944 per year for a 30-year-old driver and even $474 per year for a 60-year-old driver.
- Young male drivers pay the highest rates. For a 2024 Mazda 3, a 20-year-old male driver receives an average rate of $3,936 per year, while a 20-year-old woman will get a rate of $2,830, a difference of $1,106 per year in favor of the women by a long shot. But by age 50, the cost for men is $1,740 and the rate for women is $1,696, a difference of only $44.
- As you get older, car insurance rates go down. The difference in insurance cost on a 2024 Mazda 3 between a 50-year-old driver ($1,740 per year) and a 30-year-old driver ($2,096 per year) is $356, or a savings of 18.6%.
- Earn policy discounts to save money. Discounts may be available if the policyholders belong to certain professional organizations, choose electronic billing, are loyal customers, are military or federal employees, or other policy discounts which could save the average driver as much as $330 per year on Mazda 3 insurance.