Mazda 5 Insurance Rates

The average insurance rates for a Mazda 5 are $938 a year for full coverage. Comprehensive costs an estimated $164, collision costs $236, and liability insurance is estimated at $402. Liability-only coverage costs approximately $446 a year, with high-risk coverage costing around $2,020. Teenage drivers cost the most to insure at $3,708 a year or more.

Average premium for full coverage: $938

Policy rates broken down by type of insurance:

Estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for different 5 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on insurance rates. More rural locations are shown to have lower incidents of accident claims than densely populated cities.

The price range example below illustrates how location helps determine insurance prices.

The examples above show why anyone shopping for car insurance should get quotes for a targeted area, rather than relying on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $563
• Choosing higher $1,000 deductibles can save approximately $92 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $938
• Using more expensive low deductibles for comp and collision coverage bumps up the cost to $1,112
• High-risk insureds who are prone to accidents and violations could pay up to $2,020 or more
• Policy cost that insures a teen driver with full coverage can cost as much as $3,708 each year

View Chart as Image

Insurance rates for a Mazda 5 also range considerably based on the model year and trim level, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,100 to $1,600 additional every year, depending on your age. High-risk driver insurance ranges anywhere from 43% to 131% more than a normal policy. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay at least $3,700 a year. View Rates by Age

Your home state plays a big part in determining prices for Mazda 5 insurance rates. A good driver about age 40 could pay as low as $620 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,340 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $270 each year, while increasing your policy's liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know which auto insurance is cheapest is to compare rates from as many companies as possible. Each auto insurer uses a different method to calculate rates, and rates will be varied.

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 Low Cost Mazda 5 Insurance

Finding cheaper rates on Mazda 5 insurance takes having a good driving record, having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Compare prices every other policy renewal by obtaining price quotes from direct carriers, and also from your local independent and exclusive agents.

The next list is a review of the ideas that were covered in the charts and tables above.

• Drivers age 20 and younger are expensive to insure, costing up to $309 each month if comprehensive and collision insurance is included
• High-risk drivers who have several accidents or serious violations may pay on average $1,080 more annually to buy Mazda 5 insurance
• Increasing comprehensive and collision deductibles can save approximately $275 each year
• Drivers can save approximately $110 per year simply by shopping early and online