Mazda MX-5-Miata Insurance Rates

How much is it to insure a Mazda MX-5 Miata? The average Mazda MX-5 Miata insurance rates are $100 per month or $1,202 a year. However, many factors impact your Mazda MX-5 insurance costs, like your personal driving record, and the age of your model. 

For example, a 2005 Mazda MX-5 Miata is going to be cheaper to insure than the 2013 Mazda MX-5 Miata price for insurance. Keep reading our Mazda Miata insurance guide to learn how to secure cheap Miata premiums, and to review policy basics, like what is collision insurance and what does it cover. 

When you’re ready, start comparing Mazda MX-5 Miata insurance rates right away by entering your five-digit  ZIP code into our FREE quote tool.

Comparing auto insurance through online companies saves time, is easy to do and there is a good chance you might just save a little. The key to finding lower rates is to take the time to get rates from as many companies as possible so you can get all possible prices.

Using the web to shop for auto insurance direct can be a challenge if you are a beginner to online quotes. Don't let that stop you because comparing prices is actually very simple. When shopping for auto insurance there are multiple ways to compare rate quotes and find the best price. The best way to find competitive Mazda MX-5-Miata insurance rates involves getting comparison quotes online. This can be accomplished by completing this short form.

Auto insurance rates for your Mazda MX-5-Miata can vary widely and are calculated by many factors. Some of these factors include:

• High performance increases premiums
• Any accidents you may have
• Home and auto can earn discounts
• Pleasure, commuting or business use can affect rates
• Mature drivers pay less
• Having a spouse can save money
• Extra coverages like towing and rental
• What you do for a living
• Insurance coverage level
• Whether you own your home

A final factor that can impact Mazda MX-5-Miata insurance cost is the model year. Used vehicles cost less in comparison to older models so the payout to repair may end up costing you less. Although new MX-5-Miata models may have a trim level with safety features included like active head restraints, traction control, and a rollover prevention system which can give discounted rates.

Coverage for liability

damage that occurs to things like legal defense fees, bail bonds, and repair bills for other people's vehicles. .

Collision insurance

another car or object. . , . .

Comprehensive coverage (or Other than Collision)

OTHER than collision with another vehicle or object. . you'll receive from a claim , .

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage . , . .

Insurance for medical payments

short-term medical expenses nursing services, prosthetic devices, and dental work. . .

As you’ve learned from the above information, your Mazda Miata insurance costs depend on many factors including where you live, your driving record, and even your age. You now know that cheap rates may be harder to find when shopping for Miata insurance for an 18-year-old, or even a driver with a poor record. The average insurance cost for a 16-year-old male is always going to be higher than the rates for older, more experienced drivers.

The age of your model also affects what you’ll pay for car insurance. For example, the 2017 Mazda Miata cost for insurance will be much higher than your average 1993 Mazda Miata insurance rates. 

Regardless of if your Mazda Miata is old or new, shopping around for Mazda MX-5 insurance quotes is the best way to find a cheap Mazda MX-5 insurance group. To secure low-cost Mazda Miata rates, just enter your ZIP code into our FREE tool below.

What are the safety ratings for the Mazda MX-5 Miata?

Understanding the Mazda MX-5 safety ratings can help you discover car insurance discounts you qualify for. The results can sometimes also reveal areas where your vehicle might be causing your rates to increase. 

However, neither the Insurance Institute for Highway Safety nor the National Highway Traffic Association has performed crash tests on the Mazda MX-5 Miata. 

Fortunately, the 2020 Mazda MX-5 Miata has plenty of decent safety features, which include the following:

• Rearview camera 
• Blind-spot monitoring 
• Rear cross-traffic alert 
• Lane departure warning
• Forward collision warning
• Automatic emergency braking system

Keep in mind that a Mazda Miata that is old may not have as many safety features or hold up as well in a crash. Be sure to look for safety discounts your vehicle might qualify for to help lower your Mazda Miata MX-5 insurance rates.

Mazda MX-5 Miata Compared Against other Vehicles in the Same Class

Comparing the Mazda MX-5 Miata to similar vehicles can help you save money, especially if the Mazda MX-5 Miata has a better insurance loss ratios than other vehicles in its class. 

Officially, the Insurance Institute for Highway Safety classifies the Mazda MX-5 Miata as a mini sports car, which means the cost of Mazda Miata MX-5 liability insurance may be higher. Why? Sports cars are more prone to crashing into other vehicles due to factors like speeding.

To see how Mazda MX-5 Miata costs compare to other sports cars’ rates, take a look at the list below.

• Chevrolet Corvette Insurance Rates
• Ford Mustang Insurance Rates
• Mercedes-Benz SL-Class Insurance Rates

If you drive a model that is from 2016 or newer, we’ve got good news. Your Miata has substantially better than average property damage, personal injury, medical, and bodily injury loss ratios than other vehicles. The rates are -52 percent, -36 percent, -41 percent, and -50 percent respectively. The cost of your Mazda Miata MX-5 insurance premiums will reflect these great loss ratios. 

You are now an expert on the Mazda MX-5 Miata insurance rates. Despite being a sports car, this reliable speedster often receives affordable insurance quotes. Ready to see how much a Mazda Miata costs to insure in your area? Enter your ZIP code into our FREE quote comparison tool and start shopping for cheap Miata rates.