2019 Mazda MX-5 Miata RF Insurance Rates in 2024 – 5 Savings Tips

Are you tired of not being able to scrape enough together to pay auto insurance each month? Your situation is no different than many other drivers. There is such a variety of insurance companies to choose from, and even though it’s nice to have multiple companies, it makes it harder to compare company pricing.

Consumers should take time to compare rates every six months because auto insurance prices change frequently. Despite the fact that you may have had the lowest rates on MX-5 Miata RF insurance on your last policy other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because we’re going to show you the best way to find lower rates on auto insurance.

This information will tell you how to effectively get price quotes and some money-saving tips. If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using these methods. Drivers just need to understand how to compare prices online.

Where can I get low cost car insurance?

The majority of larger companies like Allstate, GEICO and Progressive give pricing on their websites. Doing online quotes is quite easy because it’s just a matter of typing in your personal and coverage information into a form. Upon sending the form, their system makes automated requests for your credit score and driving record and returns a price quote. Online quotes makes it a lot easier to compare rates but the time required to go to several different sites and complete many quote forms is not the best way to spend an afternoon. But it is imperative to get many rate quotes in order to find the best price on car insurance.

The easiest way to compare car insurance pricing uses one form that obtains quotes from more than one company. The form is fast, requires less work, and makes comparison shopping much more enjoyable and efficient. Immediately after submitting the form, it is rated and you can choose any one of the quotes returned.

If a lower price is quoted, you simply finish the application and purchase the new policy. It can be completed in less than 10 minutes and may result in a nice savings.

To fill out one form to compare multiple rates now, simply enter your zip code here and input your coverage information. If you currently have coverage, we recommend you input deductibles and limits identical to your current policy. Doing this guarantees you will receive a fair comparison using the same coverage and limits.

Insurance coverage quotes and discounts

Some companies don’t always advertise every discount in a way that’s easy to find, so we took the time to find some of the more common as well as the least known discounts that you can inquire about if you buy car insurance online.

• Discount for Life Insurance – Some insurance companies give a small discount if you purchase a life insurance policy as well.
• Homeowners Pay Less – Owning a home can help you save on insurance coverage since owning and maintaining a home requires personal responsibility.
• ABS Brakes – Cars with ABS and/or traction control can stop better under adverse conditions and earn discounts up to 10%.
• Pay Now and Pay Less – If you can afford to pay the entire bill as opposed to paying monthly you could save 5% or more.
• Federal Employees – Simply working for the federal government could cut as much as 10% off on MX-5 Miata RF insurance with a few insurance coverage companies.

As is typical with insurance, most credits do not apply to the whole policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, nobody gets a free ride.

For a list of providers that can offer you the previously mentioned discounts, enter your zip code here.

Situations that may require an agent’s advice

When choosing coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different so this has to be addressed. For example, these questions can help discover whether your personal situation might need an agent’s assistance.

• Does my insurance cover damage caused when ticketed for reckless driving?
• Does car insurance cover theft of personal property?
• When does my teenage driver need to be added to my policy?
• Is my camper covered by my car insurance policy?
• Why do I only qualify for high-risk insurance?
• When would I need rental car insurance?
• What is covered by UM/UIM coverage?
• What is the difference between comprehensive and collision coverage?
• Does medical payments coverage apply to all occupants?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out your zip code. It only takes a few minutes and can provide invaluable advice.

Insurance coverage specifics

Knowing the specifics of insurance aids in choosing appropriate coverage at the best deductibles and correct limits. Insurance terms can be confusing and nobody wants to actually read their policy. Listed below are the usual coverages found on the average insurance policy.

Coverage for liability

Liability insurance can cover damages or injuries you inflict on other’s property or people in an accident. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Another option is one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things such as medical services, repair costs for stationary objects, court costs and structural damage. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

Collision protection

This pays to fix your vehicle from damage resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sustaining damage from a pot hole, scraping a guard rail, crashing into a ditch and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Comprehensive or Other Than Collision

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as fire damage, a tree branch falling on your vehicle, damage from getting keyed, vandalism and falling objects. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for short-term medical expenses like nursing services, funeral costs, rehabilitation expenses, doctor visits and hospital visits. They are used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as damage to your Mazda MX-5 Miata RF.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally these limits are identical to your policy’s liability coverage.

Keep this in mind

When trying to cut insurance costs, it’s very important that you do not buy less coverage just to save a little money. There are too many instances where an insured cut comprehensive coverage or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase a proper amount of coverage at an affordable rate, but do not skimp to save money.

We just covered a lot of techniques to lower your 2019 Mazda MX-5 Miata RF insurance prices. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the most savings is with the smaller companies. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as Progressive or GEICO.