Mazda 5 Insurance Rates

The average auto insurance rates for a Mazda 5 are $968 annually including full coverage. Comprehensive insurance costs around $176 each year, collision costs $254, and liability coverage is $402. Liability-only coverage costs around $446 a year, with high-risk coverage costing $2,086 or more. Teenage drivers cost the most to insure at $3,798 a year or more.

Average premium for full coverage: $968

Policy rates for type of insurance:

Includes $500 policy deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and 5 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of insurance. Areas with sparse population are shown to have fewer comprehensive and collision claims than densely populated cities.

The graphic below illustrates how location impacts auto insurance rates.

The examples above highlight why all drivers should compare rates quotes for a specific zip code and their own personal driving habits, rather than using average rates.

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

Additional Rate Details

The chart below breaks down estimated Mazda 5 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $578
• Raising to $1,000 deductibles will save about $98 every year
• The estimated rate for a good driver age 40 using $500 deductibles is $968
• Using low deductibles costs an additional $188 each year
• Unlucky drivers who are prone to accidents and violations could pay at least $2,086 or more
• Policy cost with full coverage for a teenage driver can be $3,798

View Chart as Image

Insurance rates for a Mazda 5 also range considerably based on the model year and trim level, your driving characteristics, and deductibles and policy limits.

More mature drivers with no violations or accidents and high physical damage deductibles may only pay around $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay as much as $3,700 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at least $1,100 to $1,600 additional every year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 42% to 126% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $290 a year, whereas increasing liability limits will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $362 more each year. View Rates by Deductible or Liability Limit

Your home state also has a big influence on Mazda 5 insurance rates. A middle-age driver might find rates as low as $740 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,380 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out your exact price is to do a rate comparison and see how they stack up. Every auto insurance company uses a different method to calculate rates, and rates will be varied between companies.

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 Buy the Cheapest Mazda 5 Insurance

Finding cheaper rates on auto insurance consists of being a good driver, having good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Spend time shopping around every couple of years by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following list is a recap of the material that was touched on above.

• Consumers who may need an increased level of liability coverage will pay an extra $440 per year to raise from a 30/60 limit to higher 250/500 limits
• Drivers age 16 to 20 are charged the highest rates, with premiums being up to $317 each month if they have full coverage
• Drivers that have major violations or accidents may pay on average $1,120 more every year than a safer driver
• Increasing comprehensive and collision deductibles could save up to $275 each year