Mazda MX-5 Miata Insurance Rates

U.S. average insurance rates for a Mazda MX-5 Miata are $938 a year with full coverage. Comprehensive insurance costs an estimated $164 each year, collision insurance costs $236, and liability coverage costs around $402. Liability-only coverage costs as low as $446 a year, and high-risk coverage costs $2,020 or more. Teenage 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 deductible amounts, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Estimates are averaged for all U.S. states and MX-5 Miata models.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on car insurance rates. More rural locations have lower incidents of collision claims than densely populated cities. The graphic below illustrates how where you live affects insurance prices.

The ranges above demonstrate why all drivers should compare prices for a targeted area, rather than using average rates.

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

Additional Rate Details

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

• The best discount rate is $563
• Using higher $1,000 deductibles will save approximately $92 annually
• The estimated price for the average middle-age driver who has $500 deductibles is $938
• Using low deductibles for physical damage coverage will cost an additional $174 each year
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,020
• The price that insures a teenage driver can cost as much as $3,708 or more

Auto insurance prices for a Mazda MX-5 Miata are also quite variable based on the trim level and model year, your age and driving habits, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you may be forking out $1,100 to $1,600 in extra premium each year, depending on your age. Insurance for high-risk drivers can be around 43% to 131% more than a normal policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $900 a year for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will have to pay at least $3,700 a year. View Rates by Age

The state you live in has a huge impact on Mazda MX-5 Miata insurance rates. A driver around age 40 might see prices as low as $680 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,270 on average in New York, Michigan, and Florida.

Using high physical damage deductibles could cut prices by as much as $270 a year, whereas increasing liability limits will increase premiums. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $362 extra every year. View Rates by Deductible or Liability Limit

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 Find Affordable Mazda MX-5 Miata Insurance

Getting lower rates on auto insurance requires having a good driving record, maintaining a good credit score, avoid buying unnecessary coverage, and consideration of higher deductibles. Compare prices at least once a year by obtaining price quotes from direct companies, and also from insurance agencies where you live.

The next list is a brief review of the primary concepts that were touched on in the above illustrations.

• You may be able to save approximately $110 per year just by quoting online in advance
• Drivers with DUI or reckless driving convictions could be forced to pay on average $1,080 more annually to buy Mazda MX-5 Miata insurance
• Increasing physical damage deductibles can save approximately $275 each year
• Drivers age 20 and younger are the costliest to insure, costing up to $309 a month if the policy includes full coverage