Affordable Mazda Car Insurance from $87/month

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Article Contents
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on February 25, 2025

Visit author page
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated February 25, 2025

Visit author page

2 minute read

Article Contents

About Mazda Car Insurance

The Mazda brand has become very popular in Canada over the past couple of decades thanks to their sleek design and reliable performance.

In Canada, it’s a requirement to obtain car insurance, and there are lots of choices for your Mazda Car Insurance and for each Mazda model. The cost will vary depending on the coverage needed, the location of the driver, years of experience and driving history. Therefore, It’s wise to take some time to compare various car insurance quotes from different insurance companies to find the most suitable option for your Mazda and lifestyle.

How Much Does it Cost to Insure Your Mazda in Canada?

On average, it costs around $1,200 per year to insure your Mazda in Canada. The price will vary depending on your Mazda model, year make, region you’re living in and your driving history.

Here’s how much it would cost you on average to insure your Mazda in the following cities in Canada:

CityAverage Annual
Insurance Premium
Toronto, ON$1,994
Mississauga, ON$2,158
Chatham, ON$1,317
Ottawa, ON$1,342
Bradford, ON$1,635
Collingwood, ON$1,456
Calgary, AB$1,409
Canmore, AB$1,163
Montreal, QC$746
Corner Brook, NL$1,042
Halifax, NS$1,235
Moncton, NB$847

How Mazda Car Insurance Costs Compare to Similar Vehicle Brands

When selecting a vehicle, many potential buyers often weigh the insurance rates of different brands, including Mazda, against each other. Insurance costs can significantly influence the decision-making process.

Based on internal customer quote data, our analysis places Mazda’s insurance rates in a competitive range among mainstream brands. With an average premium of $1,200, Mazda’s rates are lower than those of Nissan, Toyota, and Hyundai but slightly higher than those of Honda and Subaru. Here’s a brief comparison:

Car ModelAverage Annual
Insurance Premium
Mazda$1,200
Nissan$1,304
Toyota$1,355
Subaru$1,117
Honda$1,181
Hyundai$1,298

Mazda Car Insurance Rates Through The Years

Mazda vehicle insurance rates have steadily increased over the past few years. Premiums rose consistently through 2023 before experiencing a minor decrease in 2024. This upward trend reflects the rising costs of insuring Mazda vehicles. Here’s an updated overview of Mazda insurance premiums in recent years:

Mazda Car Insurance Rates by Model & Year Make

When insuring your Mazda, the model you choose significantly impacts the insurance rates. Our detailed analysis below provides a comprehensive view of the insurance costs for various Mazda models from different years.

A Brief History of Mazda

The Mazda company originally conducted business under the name Toyo Kogyo Company and it wasn’t until 1984 that they renamed themselves Mazda.

Just a few years later, Mazda started to experience some financial hardships; despite some innovative designs and okay sales, there was a time in the late 1980s when bankruptcy seemed imminent. The release of the Mazda Miata in 1990 saved the company thanks to the overwhelming popularity of the car. This was the beginning of a new dawn for Mazda, with new and exciting models being released, such as the Mazda MX-5.

Most Popular Mazda Vehicles

Mazda MX-5

The MX-5 is a vehicle that has been an affordable, sporty car for many years now. It’s not too expensive and has almost garnered a legendary status among roadsters.

Mazda 3

The Mazda 3 is a popular hatchback with great handling and impressive fuel efficiency. The current models from 2016 and on have an impressive infotainment system.

Mazda CX-3

This is a compact SUV that leads the pack when it comes to this category and it rides a bit higher than its competitors. A popular family car, you get impressive Mazda fuel efficiency ratings and reliable performance.

Mazda Insurance FAQs

Are Mazda vehicles considered safe?

Mazda vehicles are typically very affordable to insure, with the more recent models from 2015 onwards usually featuring an array of safety features, such as airbags throughout the vehicle, lane departure warning systems, blind spot monitoring, rearview cameras, and 360-degree cameras.

The average safety ratings for vehicles like the Mazda MX-3 and MX-5, Mazda 6 and Mazda CX-3 are impressive thanks to comprehensive testing on side impact, front impact, roof strength, rear crash protection and more. That being said, a few Mazda models scored a little lower for safety and, as a result, could cost more to insure. These vehicles included the Mazda 2 hatchback from 2011 and 2012. That being said, a few Mazda models scored a little lower for safety and, as a result, could cost more to insure.

Which Mazda model is the cheapest to insure?

The 2022 Mazda CX-3 is the most affordable model to insure in Canada, with an average annual premium of $1,045.

Methodology

Sample Size

We analyzed over 50,000 auto insurance quotes across Canada.

Profiles

Average rates were calculated using a standard profile and incident profiles. All personal details pertaining to the quotes and policies have been kept confidential.

Standard Profile

Single driver, one car, currently insured, and a pristine driving record. Our base profile is a 35-year-old individual (both male and female) with a spotless driving record.

Incident Profiles

We examined how rates change by evaluating profiles with a clean record (standard), one at-fault accident, a single speeding ticket, license suspension for alcohol related offenses and insurance cancellation due to non-payment.

Vehicle Details

These individuals own a 2018 Honda Civic, commute five days a week, and cover a distance of 15,000 kilometres annually.

Vehicle Models

Costs were also analyzed for different vehicles: Mazda CX-5, Ford Escape, Toyota Corolla, Honda Accord, Chevrolet Equinox, and the base 2018 Honda Civic.

Age and Homeownership

Profiles from age 18-65 (standard: 35 years) were considered. Depending on age, individuals might rent or own their homes. Age-related regulations may vary across provinces.

Team

MyChoice data science, MyChoice research.

Sources

1. Mychoice.ca Internal Data, Mazda Car Insurance Rates, Car Insurance Quotes Collected, 2024.

2. Mychoice.ca Internal Data, Mazda Car Insurance Rates, Car Insurance Quotes Collected, 2024.

3. Mychoice.ca Internal Data, Mazda Car Insurance Rates, Car Insurance Quotes Collected, 2020-2024.

4. Mychoice.ca Internal Data, Mazda Car Insurance Rates, Car Insurance Quotes Collected, 2024.

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