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What started out as a cork machine company in the 1920s evolved into a three-wheel pick up and truck company by 1931. That company is the forerunner to today’s modern Mazda brand.
In 1968, Mazda set up shop in Canada, and today the global company exports vehicles to more than 151 countries. From the hybrid and plug-in CX-90 models to the compact SUV CX-50 and other sedans and crossovers, Mazda is extremely popular brand with choices that fit many budgets and lifestyles.
Mazda has also been an innovation leader. The Mazda Wankel engines are a family of rotary combustion car engines produced by Mazda.
Wankel engines were invented in 1950s by Felix Wankel, a German engineer. They were not so known for fuel efficiency and were discontinued for a while but have since come back. One change made to the engine is that fuel is now directly injected into the combustion chamber, which helps to keep the fuel in the main area of the chamber and improve atomization.
Another of Mazda’s innovations is Skyactiv Technology. Skyactiv technology features in many different areas of new Mazda car design including the engine, transmission, and chassis. The Skyactiv chassis is extremely lightweight and robust. This combination makes the Skyactiv chassis strong against any type of collusion and is high performance.
Within its lineup of products some of the most popular Mazdas include the Mazda3, CX-5 and CX-3.
CX-50s and CX-30s have also been added to the line up but only really vary from the CX-5 and CX-3, respectively, by cargo space, a slight increase in length and width. The CX-50 is geared towards an older demographic, while the CX-5 is for younger drivers. In overall size, the CX-50 is slightly larger than the CX-5, measuring 4,720 mm long and 1,920 mm wide. The same is true in the CX-3 and CX-30 categories, with a slightly lower price point for both the CX-5 and CX-3. Also, the CX-30 is available in four different trims—or packages in Mazda speak: Sport, Select, Preferred, and Premium.
The 2023 Mazda3 has a reliability score of 77 out of 100. A J.D. Power predicted reliability score of 91-100 is considered the Best, 81-90 is Great, 70-80 is Average. The car, while compact, has a new 191 horsepower base engine, increased fuel economy estimates and is available in All Wheel Drive.
US News and World Report ranks in no. 2 out of 10 in the compact car category is well priced and gets an 8.6 out of 10 overall.
The assumptions used here to calculate car insurance costs for the Mazda3 are based on a male driver living in Toronto, Ontario who has basic car insurance and a clean driving record. He also happens to drive 10,000 km per year. The exact vehicle is 2023 Mazda3 GS 4DR.
Mazda Mazda3 car insurance by age
| AGE | ANNUAL PREMIUM |
|---|---|
| 18 | $4,626 |
| 19 | $3,971 |
| 20 | $3,171 |
| 21 | $2,401 |
| 22 | $2,352 |
| 23 | $2,225 |
| 24 | $2,142 |
| 25 | $1,918 |
| 26 | $1,911 |
| 27 | $1,841 |
| 28 | $1,777 |
| 29 | $1,754 |
| 30 | $1,717 |
| 40 | $1,201 |
| 50 | $968 |
| 60 | $910 |
For better or for worse, but in this case worse, Mazda3 is one of the most expensive Mazda cars to insure. Why? Despite getting great fuel economy, the car is considered a sports car, which can lead to higher theft and repairs upon collision.
If you look at the latest data from the Insurance Bureau of Canada (IBC), you’ll discover that new Mazda3 models score relatively high when it comes to claims filed for them.
The ratings across various coverages for 2020 Mazda3 GS 4DR – the latest model for which there is data – are as follows:
Note: 100 is the average rating in each category, and the higher the number, the less favourable the rating.
Our model year data is based on an 18-year-old male driver in Toronto, Ontario, who has basic car insurance coverage and a clean driving record. He also happens to drive 10,000 km per year. The exact vehicle is Mazda3 GS 4DR.
Rates for the Mazda3 GS 4DR have started high and have stayed high over the past six years. This has a lot to do with their sports car persona, its appeal to younger drivers (who have higher rates) and possible attraction to thieves.
Mazda3 GS 4DR Car Insurance by Model Year
| MODEL YEAR | ANNUAL PREMIUM |
|---|---|
| 2016 | $3,613 |
| 2017 | $3,649 |
| 2018 | $3,553 |
| 2019 | $5,357 |
| 2020 | $3,449 |
| 2021 | $3,498 |
| 2022 | $3,618 |
| 2023 | $3,477 |
Our model year data is based on an 18-year-old male driver in Toronto, Ontario, who has basic car insurance coverage and a clean driving record. He also happens to drive 10,000 km per year. The exact vehicle is Mazda CX-5 GS 4DR AWD.
Mazda CX-5 Car Insurance by age
| AGE | ANNUAL PREMIUM |
|---|---|
| 18 | $3,250 |
| 19 | $3,015 |
| 20 | $2,229 |
| 21 | $1,674 |
| 22 | $1,639 |
| 23 | $1,539 |
| 24 | $1,506 |
| 25 | $1,474 |
| 26 | $1,354 |
| 27 | $1,351 |
| 28 | $1,273 |
| 29 | $1,278 |
| 30 | $1,283 |
| 40 | $884 |
| 50 | $710 |
| 60 | $673 |
The Mazda CX-5 GS AWD, not unlike its Mazda3 cousin, is built for speed and also has a “sports car” persona among insurance companies. Of course, rates depend on you age, where you live, your driving record and so on, but as can be seen in the table rates start out at $3,250 per year for the least experienced driver.
Information from the Insurance Bureau of Canada (IBC), points to high collision, theft and DCPD numbers, which contribute to the higher insurance rates of this particular car.
The ratings across various coverages for 2020 Mazda CX-5 GS 4DR AWD – the latest model for which there is data – are as follows:
Note: 100 is the average rating in each category, and the higher the number, the less favourable the rating.
Our model year data is based on an 18-year-old male driver in Toronto, Ontario, who has basic car insurance coverage and a clean driving record. He also happens to drive 10,000 km per year. The exact vehicle is Mazda CX-5 GS 4DR AWD.
Although not as high as the Mazda3, rates for the Mazda CX-5 GS 4DR AWD are also relatively high compared to other vehicles. Again, this car is built for speed and is often considered to be sportier than other vehicles by insurance companies. have started high and have stayed high over the past six years.
Mazda CX-5 GS 4DR AWD Car Insurance by Model Year
| MODEL YEAR | ANNUAL PREMIUM |
|---|---|
| 2016 | $3,048 |
| 2017 | $3,099 |
| 2018 | $3,115 |
| 2019 | $3,210 |
| 2020 | $3,160 |
| 2021 | $3,160 |
| 2022 | $3,381 |
| 2023 | $3,250 |
Our model year data is based on an 18-year-old male driver in Toronto, Ontario, who has basic car insurance coverage and a clean driving record. He also happens to drive 10,000 km per year. The exact vehicle is Mazda CX-3 GS 4DR 2WD.
Mazda CX-3 car insurance by age
| AGE | ANNUAL PREMIUM |
|---|---|
| 18 | $3,078 |
| 19 | $2,857 |
| 20 | $2,141 |
| 21 | $1,629 |
| 22 | $1,591 |
| 23 | $1,492 |
| 24 | $1,456 |
| 25 | $1,417 |
| 26 | $1,301 |
| 27 | $1,297 |
| 28 | $1,229 |
| 29 | $1,235 |
| 30 | $1,241 |
| 40 | $832 |
| 50 | $668 |
| 60 | $634 |
The Mazda CX-3 GS 2WD, is a great starter car and less sporty than other Mazda models. This has helped lessen insurance costs comparatively speaking starting with a high insurance rate for 18-year-olds at $3,078 (still cheaper than other models) to a low of $634 for 60-year-olds.
Information from the Insurance Bureau of Canada (IBC), points to lower scores for collision, theft and DCPD numbers, which contribute to the lower insurance rates of this model.
The ratings across various coverages for 2019 Mazda CX-3 GS 4DR 2WD – the latest model for which there is data – are as follows:
Note: 100 is the average rating in each category, and the higher the number, the less favourable the rating.
Our model year data is based on an 18-year-old male driver in Toronto, Ontario, who has basic car insurance coverage and a clean driving record. He also happens to drive 10,000 km per year. The exact vehicle is Mazda CX-3 GS 4DR 2WD.
New drivers looking to save some money on their insurance might consider the CX-3 as their first vehicle. Rates trend lower than other Mazdas and are considered less sporty, and thus less expensive to insure.
Mazda CX-3 GS 4DR 2WD Car Insurance by Model Year
| MODEL YEAR | ANNUAL PREMIUM |
|---|---|
| 2016 | $3,058 |
| 2017 | $3,046 |
| 2018 | $2,933 |
| 2019 | $2,970 |
| 2020 | $2,955 |
| 2021 | $3,036 |
| 2022 | $3,078 |
Our model year data is based on an 18-year-old male driver in Toronto, Ontario, who has basic car insurance coverage and a clean driving record. He also happens to drive 10,000 km per year. The exact vehicle is Mazda CX-50 GSL 4DR AWD.
Mazda CX-50 car insurance by age
| AGE | ANNUAL PREMIUM |
|---|---|
| 18 | $3,329 |
| 19 | $3,089 |
| 20 | $2,286 |
| 21 | $1,718 |
| 22 | $1,684 |
| 23 | $1,582 |
| 24 | $1,547 |
| 25 | $1,514 |
| 26 | $1,392 |
| 27 | $1,389 |
| 28 | $1,308 |
| 29 | $1,313 |
| 30 | $1,319 |
| 40 | $901 |
| 50 | $724 |
| 60 | $684 |
Information from the Insurance Bureau of Canada (IBC), points to lower scores for collision, theft and DCPD numbers, which contribute to the lower insurance rates of this model.
The ratings across various coverages for 2021 Mazda CX-50 GSL 4DR AWD – the latest model for which there is data – are as follows:
Note: 100 is the average rating in each category, and the higher the number, the less favourable the rating.
The crossover SUV is a slightly larger cargo model designed for an older demographic. While not the most expensive Mazda to insure, it ranks up there, possibly because of its new feature. Also, while not all drivers agree, Mazda considers this car a luxury SUV.
Car insurance rates have been on the rise, not least of all because of higher theft and crime rates. A report on theft says vehicle theft was up by 50 per cent in Quebec year over year, by 48.3 per cent in Ontario, by 34.5 per cent in Atlantic Canada and by 18.3 per cent in Alberta.
But despite higher rates and insurance companies pricing in the risk of theft, there are still as many ways to save on insurance as there are cars to choose from. Much of it depends on you, your driving record and where you live. But here are the most impactful moves you can make to lower your rate:
Comparing rates is also a good way to leverage your current provider if you want to stay with them but also want to negotiate.
Joel Kranc is a freelance writer and content provider who has worked with RATESDOTCA since 2019. He holds an MA in political science from the University of Toronto and a film certificate from New York University.
He has been published in and worked for such companies as CNN, Rogers Media, Institutional Investor Magazine, The Globe and Mail, Infrastructure Investor, BenefitsPRO Magazine, Global Finance Magazine, With Intelligence, the CPP Investment Board, Hospitals of Ontario Pension Plan, and many more financial services and industry publications.
He is the author of "Retirement Planning in 8 Easy Steps," which, when released in 2015, was No. 11 on the Publisher's Weekly US Bestseller List for Business and Finance, beating out Mark Cuban's "How to Win at the Sport of Business."
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