Mazda 3 Insurance

There’s a reason so many Canadians choose the Mazda 3. The Mazda 3 is a compact car from the Japanese automaker Mazda. It was first introduced in 2003, and since then, has risen in prominence to become one of the brand’s best-selling models (not to mention its fastest-selling, with over 6 million units sold as of 2019).

The fourth-generation Mazda 3 arrived in 2019, which is available as a hatchback or sedan. Mazda 3s now also come with newly-developed Skyactiv technology, a Spark-Controlled Compression Ignition system, and the options of a 2.5-litre engine and all-wheel drive.

Beyond the Mazda 3, Japanese automobile company Mazda, which is headquartered in Hiroshima, Japan, is one of the largest automakers in the world. With top-sellers like the Mazda CX-3 and Mazda CX-5, as well as the newly-introduced all-electric Mazda MX-30 EV, the brand offers plenty of options for Canadians after affordable and reliable vehicles.

Whether you’re a diehard Mazda 3 fan or are thinking of purchasing a different Mazda model, you’ll need to purchase car insurance.

To help Canadian drivers find the best car insurance for their Mazda vehicle, contact an insurance broker today. BrokerLink has the resources and expertise to make shopping for auto insurance easier than ever before. Make BrokerLink your go-to resource for Mazda car insurance, and we promise you’ll find the perfect policy in no time.

Keep reading to learn more about Mazda 3 car insurance.

Get competitive insurance quotes in 5 minutes.

Choose your rate. Get insured. Get on the road.


Mazda brand overview

Mazda Motor Corporation, known simply as Mazda, is a Japanese automaker and the fifteenth largest automaker in the world as of 2015.

Founded in 1920, Mazda has produced everything from sports cars and sedans to military weapons and auto rickshaws throughout its 100+-year history. Over the years, they have entered into various partnerships with other automakers, including Ford from 1974 until 2015, and more recently, with fellow Japanese automobile company Toyota.

Mazda continues to be known for its safe, reliable, and affordable cars like the Mazda 3.

Mazda 3 fun facts

  • The Mazda 3 is marketed as the Mazda Axela in Japan (which is a combination of the English words “accelerate” and “excellent”).
  • The Mazda name was derived from Ahura Mazda, the God of Light, and also serves as an homage to the company’s founder, Jujuro Matsuda.
  • Mazda had its beginning as a cork-making factory in Hiroshima that went by Toyo Cork Kogyo Co.
  • Despite being a Japanese automaker, North America represents Mazda’s biggest market.
  • Mazda is known for its “Zoom-Zoom” marketing campaign that was in use from 2000 up until 2015 when it was replaced by the slogan “Driving Matters,” to coincide with the release of Mazda’s redesigned MX-5. Canadians may remember Mazda’s early ads featuring a young boy whispering the “Zoom-Zoom” tagline.

The most common types of Mazda 3 car insurance coverage

Before you get behind the wheel of your new Mazda 3, you’ll need to purchase a valid car insurance policy. Auto insurance is mandatory in Canada, however, each province and territory has unique coverage requirements. When buying Mazda 3 auto insurance, you will need to decide which coverages to include, and what amount of each coverage to buy. To help you make this decision, we’ve outlined some of the most common types of Mazda 3 car insurance coverage below.

Third party liability coverage

Third party liability coverage is mandatory throughout Canada and protects the policyholder if they are injured or their car is damaged in an accident that they caused. Beyond medical bills and vehicle repairs, liability coverage can also help pay for legal counsel and court fees. Minimum coverage requirements for third party liability vary by province (for example, Alberta and Ontario drivers are required to carry $200,000 in liability coverage at all times). Make sure you check the minimum coverage requirements in your province before purchasing a policy for your Mazda 3.

Accident benefits coverage

Accident benefits coverage is another type of compulsory coverage in Canada. It protects the policyholder if they, a passenger, or a pedestrian require medical attention following a collision. Regardless of which party is at fault for the accident, the policyholder can still receive compensation to pay for medical expenses under the accident benefits portion of their policy.

Collision coverage

Collision coverage protects the policyholder if they collide with another car or object on the road. Like accident benefits coverage, it covers the policyholder whether or not they are liable for the accident. However, unlike accident benefits coverage, collision coverage helps pay for the cost of property damage, such as car repairs, not medical expenses from injuries sustained in the accident.

Comprehensive coverage

Comprehensive coverage offers financial protection against theft, vandalism, fire, water damage, and more. Many Mazda 3 drivers choose to include comprehensive coverage in their policies for the peace of mind it brings.

Accident forgiveness coverage

Including accident forgiveness coverage in your Mazda 3 auto insurance policy gives you peace of mind knowing your insurance company won’t raise your rate after your first at-fault collision, based on the conditions of your policy. Accident forgiveness coverage is optional but can help protect your premiums.

The biggest factors impacting Mazda 3 auto insurance rates

As many Canadians know, calculating insurance premiums is complicated. Insurance companies consider a wide range of factors, from a driver’s age and location to their marital status, claims history, and driving record. Mazda 3 drivers might find it helpful to understand some of the biggest factors that impact the cost of auto insurance rates in Canada, so we’ve put together the list below.

Age

One of the main factors affecting car insurance rates in Canada is age. The age of the driver can be indicative of their experience, which from the perspective of the insurance company, translates to risk. For this reason, young drivers with limited driving experience often pay the highest premiums. On the flip side, statistics reveal that drivers over a certain age may be more at risk of getting into collisions, and therefore they may pay more for car insurance as well.

Location

Your location can also impact your car insurance premium. For example, if you live in a major city like Calgary, Toronto, Vancouver, or Montreal, your Mazda 3 car insurance could cost more. Urban areas tend to have more traffic, which increases your odds of getting into an accident. In contrast, Canadian drivers who live in rural parts of the country may have lower insurance rates because there are fewer cars on the road. Lastly, if you live in a region that is prone to climate related weather incidents, such as floods, your car insurance premium could also be impacted.

Annual mileage

Your annual mileage, or the number of kilometres you drive each year, is another factor that insurance providers will consider when calculating your premium. If you spend a below-average amount of time behind the wheel (perhaps you only drive on weekends or a few times a week), your insurance premium could be lower due to a low mileage insurance policy. On the other hand, if you spend an above-average amount of time on the road or you frequently drive at night, during rush hour, or on major highways, you may pay more for Mazda 3 car insurance.

Mazda 3 year and model

The make, model, and year of your vehicle is one final factor impacting insurance costs in Canada. If you drive a Mazda 3, one of the most affordable Mazda models, you may pay less for insurance than if you drive one of the brand’s most expensive models, like the CX-9, or a pricier model from a different automaker. In addition, if you choose to drive an older or used Mazda 3 model, your insurance rates may also be reduced, as used vehicles tend to cost less to insure than new vehicles.

How to save money on Mazda 3 car insurance

Car insurance can be expensive, no matter how affordable your car is. Though Mazda 3s are one of the least expensive Mazda models, you might still be interested in how you can pay less for car insurance if that’s the case, BrokerLink can help. Our insurance advisors have put together a list of the top tips for saving money on Mazda 3 car insurance. Check them out below.

  • Purchase car insurance for multiple vehicles together (savings of up to 20%)
  • Buy multiple insurance policies (business insurance + car insurance, leisure vehicle insurance + car insurance, etc) from the same company (savings of up to 15%)
  • Increase your deductible
  • Enrol in driving school (for young drivers)
  • Pay auto insurance annually rather than monthly
  • Install winter tires on your Mazda 3 (savings of up to 5%, depending on the province)
  • Purchase an eco-friendly Mazda vehicle, like the Mazda MX-30 EV (savings of up to 10%)

Consult with an experienced insurance broker

One last tip for saving money on your Mazda 3 auto insurance is to consult with an insurance broker. Experienced insurance brokers like BrokerLink know the ins and outs of the industry. We can let you in on the best money-saving secrets and help unlock discounts on your behalf.

Plus, in addition to ensuring you find the best coverage for the best price, BrokerLink’s insurance advisors do all the heavy lifting. So while you’re spending your Saturday exactly the way you want, we’ll contact compare quotes for your coverage options to find you the right policy.

Get in touch with a BrokerLink insurance broker to learn more about Mazda 3 car insurance

Want to learn more about Mazda 3 car insurance? You’ve come to the right place!

Since 1991, BrokerLink has been helping Canadians find quality car insurance policies that offer the protection they need.

We are eager to share our expertise to help you find the right policy.

At the end of the day, you can count on BrokerLink to get the job done. While you’re test-driving the 2022 Mazda 3, our insurance advisors will review coverage options, comparing quotes, and unlock discounts on your behalf.

What are you waiting for? Begin your car insurance journey today by requesting a free quote. BrokerLink is pleased to offer free auto insurance quotes to all Canadian drivers.

Prefer to obtain your free quote over the phone or in person? Give us a call or visit us at one of our locations near you. We can’t wait to meet you!

Get an auto insurance quote [phone]

Mazda 3 auto insurance FAQs

Is it cheap to insure a Mazda 3?

This is a difficult question to answer as the cost of car insurance is dependent on many factors. Generally speaking, the cheaper the vehicle, the cheaper the insurance. As Mazda 3s are affordable, your car insurance shouldn’t break the bank. However, choosing a more expensive Mazda model, like the Mazda CX-9 or Mazda MX-30 EV, could cost more to insure. If budget is a major concern, we recommend working with an insurance broker like BrokerLink. They can ensure you find the most competitive rate for your Mazda 3 car insurance.

Is it safe to buy Mazda 3 auto insurance online?

Yes, it is safe to buy car insurance for your Mazda 3 online, however, just because it’s safe doesn’t mean it’s easy. With so many car insurance companies competing for your business, trying to find the right policy can be tedious and overwhelming - unless you consult with a broker, that is. For a hassle-free car insurance experience, work with a trusted insurance broker like BrokerLink. From start to finish, our expert insurance advisors will be by your side, answering any questions you may have, explaining the coverage options available to you, and giving you their honest opinion on the best policy for your lifestyle.

Is Mazda 3 car insurance compulsory in Canada?

Yes, car insurance is compulsory throughout Canada. Each province and territory sets its own regulations surrounding car insurance, which means minimum coverage requirements vary by province. When shopping for Mazda 3 car insurance, be sure to research the minimum requirements in your region so that you purchase a valid policy. If you aren’t sure which types of coverage are mandatory where you live, contact BrokerLink. Our advisors are experts in Canadian car insurance and will ensure you find a policy that complies with provincial law.

*This article is in no way sponsored, endorsed, or associated with Mazda.


More ways to find a great car insurance rate

By driver:

By vehicle type:

By manufacturer:

By province:

By city:

Alberta

Newfoundland and Labrador

New Brunswick

Nova Scotia

Ontario