Mazda 5 Insurance Rates

Average insurance rates for a Mazda 5 are $938 a year for full coverage insurance. Comprehensive insurance costs an estimated $164 a year, collision costs $236, and liability costs $402. A policy with just liability insurance costs as little as $446 a year, with coverage for high-risk drivers costing $2,020 or more. Teenage drivers receive the highest rates at $3,708 a year or more.

Average premium for full coverage: $938

Rate estimates broken down by individual coverage type:

Price estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates are averaged for all 50 states and 5 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can make a big difference on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than densely populated cities.

The diagram below illustrates how location helps determine insurance prices.

These examples illustrate why it is important to compare rates for a targeted area and risk profile, instead of making a decision based on average rates.

Use the form below to get customized rates for your location.

Additional Rate Analysis

The chart below illustrates estimated Mazda 5 insurance rates for other coverage scenarios.

• The best discount rate is $563
• Drivers who choose higher $1,000 deductibles will pay approximately $846 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $938
• Using low $100 deductibles for comprehensive and collision insurance will cost an extra $174 annually
• Drivers who are prone to accidents and violations could pay up to $2,020 or more
• The cost for full coverage for a 16-year-old driver can cost as much as $3,708 a year

View Chart as Image

Insurance rates for a Mazda 5 can also vary considerably based on your driver profile, the model year and trim level, and liability limits and deductibles.

Older drivers with no violations or accidents and high deductibles may pay as low as $900 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay at least $3,700 a year. View Rates by Age

Where you live makes a big difference in Mazda 5 insurance prices. A 40-year-old driver could pay as low as $610 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,270 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $270 annually, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $362 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,100 to $1,600 additional per year, depending on your age. A high-risk auto insurance policy can cost from 43% to 131% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to figure out which company is cheapest is to get quotes from multiple companies. Every company uses a different method to calculate rates, and rates can be significantly different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2014 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheaper Mazda 5 Insurance

Saving money on insurance for a Mazda 5 not only requires having a decent driving record, but also having a good credit history, avoid buying unnecessary coverage, and maximizing policy discounts. Invest time comparing rates at least once a year by requesting rates from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

The following items are a condensed summary of the primary concepts that were covered in the charts and tables above.

• It is possible to save approximately $110 per year simply by quoting early and online
• Drivers considered higher risk with multiple at-fault accidents pay on average $1,080 more annually than a driver with a clean driving record
• Increasing deductibles can save around $275 each year
• 16 to 18-year-old drivers are expensive to insure, costing up to $309 per month including comprehensive and collision insurance