Mazda MX-5 Miata Insurance Rates

U.S. average auto insurance rates for a Mazda MX-5 Miata are $938 annually for full coverage insurance. Comprehensive insurance costs an estimated $164 a year, collision insurance costs $236, and liability insurance is estimated at $402. Liability-only insurance costs approximately $446 a year, and high-risk driver insurance costs $2,020 or more. 16-year-old drivers pay the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Price estimates broken down by individual coverage:

Prices are based on $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 states and MX-5 Miata trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a significant impact on the price of insurance. More rural locations have fewer physical damage claims than congested cities. The diagram below illustrates how where you live affects insurance prices.

The ranges above illustrate why it is important to get quotes for a targeted area and their own personal driving habits, rather than relying on rate averages.

Use the form below to get customized rates for your location.

Additional Charts and Tables

The chart below illustrates average Mazda MX-5 Miata insurance rates for other coverage scenarios.

• The best full coverage rate is $563
• Choosing higher $1,000 deductibles can save approximately $846 each year
• The estimated rate for the average middle-age driver who has $500 deductibles is $938
• Buying low $100 deductibles for comp and collision coverage costs an additional $174 a year
• High-risk insureds with multiple tickets or accidents could pay up to $2,020
• The price with full coverage for a teen driver can cost as much as $3,708 each year

Car insurance prices for a Mazda MX-5 Miata are also quite variable based on the trim level and model year, your risk profile, and liability limits and deductibles.

Older drivers with no driving violations and high physical damage deductibles could pay as little as $900 annually on average for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they will be charged at least $3,700 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are probably paying $1,100 to $1,600 extra each year, depending on your age. A high-risk auto insurance policy ranges anywhere from 43% to 131% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles can save as much as $270 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $362 extra every 12 months. View Rates by Deductible or Liability Limit

The state you live in plays a big part in determining prices for Mazda MX-5 Miata insurance rates. A good driver about age 40 could pay as low as $610 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,270 on average in Florida, New York, and Michigan.

Insurance Rates by Trim Level and Model Year

Rates assume 2014 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Buy Affordable Mazda MX-5 Miata Insurance

Getting lower rates on Mazda MX-5 Miata insurance takes being a safe and courteous driver, having a good credit score, not filing small claims, and possibly higher deductibles. Take the time to comparison shop at every other renewal by obtaining price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

Below is a brief review of the concepts that were touched on in the above illustrations.

• High-risk drivers with DUI or reckless driving convictions may pay on average $1,080 more annually for auto insurance
• Teenage drivers have the highest car insurance prices, as much as $309 a month if comprehensive and collision insurance is included
• It is possible to save approximately $110 per year just by quoting early and online
• Increasing physical damage deductibles could save up to $275 each year
• It is possible to save approximately $110 per year just by quoting early and online