diff --git a/migra/changes.py b/migra/changes.py
index 14be97f..264bb10 100644
--- a/migra/changes.py
+++ b/migra/changes.py
@@ -3,6 +3,8 @@ from __future__ import unicode_literals
 from collections import OrderedDict as od
 from functools import partial
 
+import schemainspect
+
 from .statements import Statements
 from .util import differences
 
@@ -602,6 +604,32 @@ class Changes(object):
             self.i_target.enums,
         )
 
+    @property
+    def mv_indexes(self):
+        a = self.i_from.indexes.items()
+        b = self.i_target.indexes.items()
+
+        def is_mv_index(i, ii):
+            sig = schemainspect.misc.quoted_identifier(i.table_name, i.schema)
+            return sig in ii.materialized_views
+
+        a_od = od((k, v) for k, v in a if is_mv_index(v, self.i_from))
+        b_od = od((k, v) for k, v in b if is_mv_index(v, self.i_target))
+        return partial(statements_for_changes, a_od, b_od)
+
+    @property
+    def non_mv_indexes(self):
+        a = self.i_from.indexes.items()
+        b = self.i_target.indexes.items()
+
+        def is_mv_index(i, ii):
+            sig = schemainspect.misc.quoted_identifier(i.table_name, i.schema)
+            return sig in ii.materialized_views
+
+        a_od = od((k, v) for k, v in a if not is_mv_index(v, self.i_from))
+        b_od = od((k, v) for k, v in b if not is_mv_index(v, self.i_target))
+        return partial(statements_for_changes, a_od, b_od)
+
     @property
     def sequences(self):
         return partial(
diff --git a/migra/migra.py b/migra/migra.py
index 2ff5e51..739b850 100644
--- a/migra/migra.py
+++ b/migra/migra.py
@@ -88,21 +88,23 @@ class Migration(object):
             self.add(self.changes.privileges(drops_only=True))
         self.add(self.changes.non_pk_constraints(drops_only=True))
 
+        self.add(self.changes.mv_indexes(drops_only=True))
         self.add(self.changes.non_table_selectable_drops())
 
         self.add(self.changes.pk_constraints(drops_only=True))
-        self.add(self.changes.indexes(drops_only=True))
+        self.add(self.changes.non_mv_indexes(drops_only=True))
 
         self.add(self.changes.tables_only_selectables())
 
         self.add(self.changes.sequences(drops_only=True))
         self.add(self.changes.enums(drops_only=True, modifications=False))
         self.add(self.changes.extensions(drops_only=True, modifications=False))
-        self.add(self.changes.indexes(creations_only=True))
+        self.add(self.changes.non_mv_indexes(creations_only=True))
         self.add(self.changes.pk_constraints(creations_only=True))
         self.add(self.changes.non_pk_constraints(creations_only=True))
 
         self.add(self.changes.non_table_selectable_creations())
+        self.add(self.changes.mv_indexes(creations_only=True))
 
         if privileges:
             self.add(self.changes.privileges(creations_only=True))
diff --git a/tests/FIXTURES/dependencies4/b.sql b/tests/FIXTURES/dependencies4/b.sql
index 65b2764..49985af 100644
--- a/tests/FIXTURES/dependencies4/b.sql
+++ b/tests/FIXTURES/dependencies4/b.sql
@@ -8,3 +8,8 @@ create view v as
 select id, a, max(b)
 from t
 group by id;  -- "a" is implied because "id" is primary key
+
+
+create materialized view mv as select id from v;
+
+create unique index on mv (id);
\ No newline at end of file
diff --git a/tests/FIXTURES/dependencies4/expected.sql b/tests/FIXTURES/dependencies4/expected.sql
index ee500bd..8b67af1 100644
--- a/tests/FIXTURES/dependencies4/expected.sql
+++ b/tests/FIXTURES/dependencies4/expected.sql
@@ -15,4 +15,11 @@ create or replace view "public"."v" as  SELECT t.id,
     t.a,
     max(t.b) AS max
    FROM t
-  GROUP BY t.id;
\ No newline at end of file
+  GROUP BY t.id;
+
+
+create materialized view "public"."mv" as  SELECT v.id
+   FROM v;
+
+
+CREATE UNIQUE INDEX mv_id_idx ON public.mv USING btree (id);
\ No newline at end of file