Cheapest 2008 Mazda MX-5 Miata Insurance Rates in 2024

Searching for low-cost insurance for a Mazda MX-5 Miata could be an all-consuming task, but you can follow our car insurance buying tips and make it easy. There is a right way and a wrong way to compare car insurance rates so we’re going to tell you the quickest way to compare rates for your Mazda and obtain the lowest possible price.

You should take the time to check car insurance prices at least once a year since insurance rates change regularly. Just because you found the lowest price for MX-5 Miata insurance six months ago the chances are good that you can find a lower rate today. So just ignore everything you know about car insurance because you’re going to get a crash course in one of the best ways to find lower rates on car insurance.

If you are insured now or need a new policy, you can use these techniques to find better prices and still get good coverage. Finding more affordable coverage is easy if you know what you’re doing. Vehicle owners only need to know the proper methods to compare price quotes over the internet.

Where Can I Get Cheap Insurance?

Comparing insurance rates can be a lot of work if you don’t know the best way to get rate quotes. You could spend the better part of a day talking about coverages with local insurance agents in your area, or you can stay home and use the web for quick rates.

Most car insurance companies belong to a marketplace where prospective buyers send in one quote, and every company then returns a price quote based on that information. This saves time by eliminating form submissions for each company you want a rate for.

To get comparison pricing now click here (opens in new window).

One minor caveat to using this type of system is that you can’t choose which companies you will receive quotes from. So if you want to choose individual companies to request quotes from, we have assembled a list of companies who write insurance in your area. View list of insurance companies.

Which method you use is up to you, but compare identical quote information for each comparison quote. If the quotes have different liability limits it will be next to impossible to decipher which rate is best.

Tailor your coverage to you

When choosing the right insurance coverage for your vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s.

These are some specific questions can help discover if your situation will benefit from professional help.

• How can I force my company to pay a claim?
• Does my personal policy cover me when driving out-of-state?
• Am I covered when driving someone else’s vehicle?
• Does my policy cover my teen driver if they drive my company car?
• What is no-fault insurance?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Is business equipment covered while in my vehicle?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.

Insurance coverages and their meanings

Understanding the coverages of insurance aids in choosing the best coverages for your vehicles. Insurance terms can be ambiguous and reading a policy is terribly boring.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for immediate expenses like EMT expenses, doctor visits, funeral costs, X-ray expenses and rehabilitation expenses. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as vandalism, theft, hitting a bird and rock chips in glass. The most your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Collision insurance

Collision coverage pays for damage to your MX-5 Miata caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like crashing into a ditch, crashing into a building and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to raise the deductible to bring the cost down.

Coverage for liability

This coverage will cover damages or injuries you inflict on a person or their property in an accident. It protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged property.

Liability coverage pays for things such as pain and suffering, emergency aid, repair bills for other people’s vehicles and medical expenses. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Use our FREE quote tool to compare rates now!