Mazda MX-5 insurance rates

The average insurance costs for a Mazda MX-5 is $136 a month — or $1,628 a year. With a base price of $35,077, the annual insurance cost–to–base car price ratio is a relatively low at only 4.6%.

• How we got this rate

  To determine our estimated cost, we aggregated quotes from insurance companies using this profile:

  • Single, 35 year old female
  • 2020 MX5 GS Convertible
  • 20,000 km driven yearly
  • Perfect driving record
  • Equipped winter tires
  • Driver located in Etobicoke, Ontario

  Our estimated price is for full insurance coverage, which usually includes mandatory liability coverage, comprehensive and collision coverage.

  Other factors that can affect your auto insurance rate

  • The model year
  • The vehicle’s trim
  • The amount of coverage you need
  • The estimated kilometres you drive in a year
  • The vehicle’s safety and anti-theft features
  • The driver’s credit score
  • The driver’s location
  • The driver’s age
  • The driver’s driving history in the past five years
  • The driver’s marital status
  • Your (or the driver’s) gender
  • Whether the driver rents, leases or owns the vehicle

Compare free car insurance quotes online for your MX-5

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Name	Product	Roadside assistance	Third-Party Liability	Collision Coverage	Comprehensive Coverage	Discounts Available	Available Provinces
Surex Auto Insurance						Up to 25%	Alberta, Northwest Territories, Nova Scotia, Ontario, Saskatchewan, Yukon	Submit one application and receive quotes from 10+ insurers. Save up to 25% on your auto insurance and get access to an insurance advisor. Who it might be good for: Drivers looking to use an insurance broker to compare multiple pricing and coverage options.	Go to site More Info	Compare	loading Fetching your data...

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About the Mazda MX-5

The Mazda MX-5 has been around since 1989 and was designed to be a small roadster. The sports car is known for its excellent fuel economy, folding roof and agile handling. In 2000, the Guinness Book of World Records announced that the Mazda MX-5 is the top selling two seat sports car. More than one million models were produced by the end of 2016.

Mazda MX-5 money-saving safety features

You could save money on car insurance for your Mazda MX-5 if it comes equipped with these safety features.

• Anti-lock brakes
• Stability control
• Airbags
• Seatbelt pretensioners
• Anti theft system

How safe is the Mazda MX-5?

Similar to many sport cars on the market, the latest several years worth of Mazda MX-5 models have not been evaluated by the Insurance Institute for Highway Safety or the National Highway Traffic Safety Administration for safety ratings. However, the European New Car Assessment Programme (NCAP) awarded the 2015 model 4 out of 5 stars for crash safety. NCAP also gave the Mazda MX-5 83% and 80% for adult and child safety, respectively.

The latest model of the Mazda MX-5 may include blind spot monitoring with rear cross traffic alert, automatic emergency braking system and lane departure warning.

Bottom line

The Mazda MX-5 sports car performs well and looks sharp. At $1,628 per year, insurance rates are very affordable. If you’re looking to get behind the wheel of a Mazda MX-5, find out more about your financing options here. If you want to learn more about car insurance, read through our comprehensive guide.