Mazda MX-5 insurance group and cost

Compare car insurance costs for your Mazda MX-5 by age and location.

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The Mazda MX-5 is one of the most well-known sports cars you’ll see on the road. This is because it’s historically offered good value for money. In this guide, we’ll look at car insurance costs for the MX-5 and how you could save on your premiums.

How much does it cost to insure a Mazda MX-5?

To give you an idea of how much it could cost you to insure your car, we ran a number of quotes to find an average figure. Our results estimated that, on average, you could insure your Mazda MX-5 with a comprehensive policy for the monthly price of £93.25, or an annual sum of £1,024.23.

  • A 30-year-old, single teacher from London
  • A homeowner
  • 5 years’ no claims discount
  • No driving or other convictions in the last 5 years

However, this is just an average: your actual premium will depend on a number of factors, including the insurance group the car is in.

Mazda MX-5 insurance groups

Vehicles in the UK are categorised into insurance groups, ranging from 1 (the cheapest) to 50 (the most expensive), which partly determine the cost of your premium.

Mazda MX-5 models range from the mid-priced group 25 to the pricier group 34. This means the cost of insurance can vary significantly between various MX-5 models, from the more affordable end of the spectrum to just into the pricier end of the range. For example, a 30-year-old driver in an average postcode could pay:

  • around £868 for cover on a Mazda MX-5 1.5 SE 2d, which is in insurance group 25
  • or around £900 for a group 32 car, like the Mazda MX-5 SkyActiv-G 184ps GT Sport Nav+ 2d

    In this example, the difference in price is an extra £32 per year for the sportier model that is seven insurance groups higher. The insurance group a model is placed in depends on a number of factors including the model’s engine size and price.

    However, the insurance group isn’t the only factor determining the cost of your car insurance: one of the most important other factors is your age. The younger you are, the more risk you represent to insurers, and the more you’re likely to pay for insurance.

    That’s why, in the table below, we show you the cost you’d be likely to pay at a few different ages.

    Model / Version Group (1-50) 20yrs 30yrs 40yrs 50yrs Get quote
    SkyActiv-G 132ps SE+ 2d 25 £1,496 £868 £761 £614 Get Quote
    1.5 SE 2d 25 £1,496 £868 £761 £614 Get Quote
    1.5 SE-L 2d 25 £1,496 £868 £761 £614 Get Quote
    Skyactiv-G 1.5 132ps SE-L 2d 27 £1,541 £894 £783 £632 Get Quote
    2.0 SE-L 2d 29 £1,562 £906 £794 £641 Get Quote
    SkyActiv-G 132ps SE-L Nav+ 2d 27 £1,541 £894 £783 £632 Get Quote
    SkyActiv-G 184ps SE-L Nav+ 2d 31 £1,557 £903 £792 £639 Get Quote
    1.5 Sport 2d 26 £1,521 £882 £773 £624 Get Quote
    Skyactiv-G 1.5 132ps Sport 2d 27 £1,541 £894 £783 £632 Get Quote
    2.0 Sport 2d 29 £1,562 £906 £794 £641 Get Quote
    1.5 [132] R-Sport 2dr 2d 28 £1,556 £902 £791 £638 Get Quote
    1.5 SE-L Nav 2d 26 £1,521 £882 £773 £624 Get Quote
    2.0 SE-L Nav 2d 29 £1,562 £906 £794 £641 Get Quote
    SkyActiv-G 184ps GT Sport Nav+ 2d 32 £1,552 £900 £789 £636 Get Quote
    SkyActiv-G 132ps Sport Nav+ 2d 27 £1,541 £894 £783 £632 Get Quote
    SkyActiv-G 184ps Sport Nav+ (Safety Pack) 2d 31 £1,557 £903 £792 £639 Get Quote
    SkyActiv-G 184ps Sport Nav+ 2d 31 £1,557 £903 £792 £639 Get Quote
    Skyactiv-G 2.0 184ps Sport Tech 2d 33 £1,550 £899 £788 £636 Get Quote
    Skyactiv-G 2.0 184ps GT Sport Tech 2d 33 £1,550 £899 £788 £636 Get Quote
    Icon 131ps SkyActiv-G 2d 26 £1,521 £882 £773 £624 Get Quote
    SkyActiv-G 131ps Arctic 2d 26 £1,521 £882 £773 £624 Get Quote
    Skyactiv-G 184ps 30th Anniversary Edition 2d 34 £1,554 £902 £790 £638 Get Quote
    2.0 Sport Recaro 2d 29 £1,562 £906 £794 £641 Get Quote
    1.5 Sport Nav 2d 26 £1,521 £882 £773 £624 Get Quote
    2.0 Sport Nav 2d 29 £1,562 £906 £794 £641 Get Quote
    SkyActiv-G 160ps Z-Sport 2d 30 £1,562 £906 £794 £641 Get Quote

    Mazda MX-5 insurance cost by location

    The table above shows the average cost of Mazda MX-5 insurance based on insurance groups and driver age. However, many other factors affect the cost of your car insurance premiums, and one of the biggest is where you are in the UK. Where you live helps determine the level of risk that your car may be stolen or that you’ll be involved in an accident, and this affects the cost of insurance.

    To demonstrate the power of the postcode, here are some average quotes for a 30-year-old living in three different locations. The quotes are for a Mazda MX-5 Skyactiv-G 1.5 132ps SE-L 2d.

    • Expensive: £1,022 (London SE1)
    • Average: £894 (Newcastle NE1)
    • Cheap: £693 (Galashiels TD1)

    What other factors affect my insurance rate?

    We’ve covered the impact of insurance group, driver age and location. Here are some of the other factors that affect your insurance premium costs:

    • Your marital status
    • Your credit history and job
    • Your car’s safety rating score
    • The model of your car, especially its engine size and capacity
    • The age of your car
    • Your car’s security and any extra anti-theft precautions
    • Annual miles driven
    • Your driving history and activity
    • No-claims discount

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    How can I save on insurance premiums for my Mazda MX-5?

    When searching for insurance, you’ll want to find the best deal for a price that’s within your budget. We’ve uncovered some tricks you can try to lower the cost of your premium: take a look below.

    • Limit your car usage (where possible). Occasionally deciding to walk or get public transport, rather than using your car, can help to save on your premiums.
    • Pay annually rather than monthly. It might be scary to part with a large sum in one go, but if you’re able to pay annually you may be able to save a good chunk of money each year.
    • Don’t just accept your renewal quote. When it’s time for renewal, it’s worth investing a couple of hours to shop around: there may be cheaper options out there.
    • Is a Mazda MX-5 expensive to insure?

      Danny Butler
      Finder insurance expert Danny Butler answers

      Let’s say you’re doing everything you can from the list above: you’re driving less, you’re paying annually, you’re shopping around for insurance quotes. Does that mean you’ll find an MX-5 cheap to insure?

      As we’ve already established, it depends on the model. One factor affecting insurance groups is engine size. In general, the bigger the engine, the higher the cost of your insurance, because these engines are more expensive to repair or replace. For example, it may cost £868 to insure the 1.5-litre Mazda MX-5 1.5 SE-L 2d, while you may pay £906 for the 2.0-litre Mazda MX-5 2.0 SE-L 2d.

      Finally, the safer your car is, the less of a risk it will be for companies to insure, and therefore the lower your premium is likely to be. The Mazda MX-5 was awarded 4 stars out of 5 under the Euro NCAP safety analysis. MX-5 models score well across the board with 93% for pedestrian safety and 84% for adult occupant safety.

      Ask your insurer about additional safety and/or security features you could install to lower your premiums and keep you and your passengers safe.

      Bottom line

      MX-5 models aren’t the cheapest to insure, but you can use the tips in this guide to help keep your premiums down. If you’re on the lookout for a car insurance provider, check out our comprehensive list of the best car insurance companies in the UK.

      Frequently asked questions

      *51% of consumers could save £359.61 on their Car Insurance. The saving was calculated by comparing the cheapest price found with the average of the next five cheapest prices quoted by insurance providers on Seopa Ltd’s insurance comparison website. This is based on representative cost savings from November 2022 data. The savings you could achieve are dependent on your individual circumstances and how you selected your current insurance
      supplier.
      The offers compared on this page are chosen from a range of products we can track; we don't cover every product on the market...yet. Unless we've indicated otherwise, products are shown in no particular order or ranking. The terms "best", "top", "cheap" (and variations), aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use. When making a big financial decision, it's wise to consider getting independent financial advice, and always consider your own financial circumstances when comparing products so you get what's right for you.

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