Mazda MX-5 Miata Insurance Rates

The average auto insurance rates for a Mazda MX-5 Miata are $968 annually with full coverage. Comprehensive costs approximately $176, collision insurance costs $254, and liability costs $402. Liability-only insurance costs as little as $446 a year, and high-risk driver insurance costs around $2,086. 16-year-old drivers cost the most to insure at up to $3,798 a year.

Average premium for full coverage: $968

Policy rates by type of insurance:

Price estimates include $500 deductibles, 30/60 bodily injury liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all U.S. states and for different MX-5 Miata trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on the price of insurance. Rural locations are shown to have fewer collision claims than congested cities. The price range example below illustrates the difference location can make on auto insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare rates using their specific location and their own personal driving habits, instead of using rate averages.

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

More Rate Information

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

• The best full coverage rate is $578
• Drivers who choose higher $1,000 deductibles will pay $98 annually
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $968
• Buying more expensive low deductibles for comprehensive and collision insurance will cost $1,156
• Higher-risk drivers with multiple tickets or accidents could pay around $2,086
• Policy cost with full coverage for a teen driver with full coverage can cost $3,798 a year

Auto insurance rates for a Mazda MX-5 Miata also range considerably based on the model year and trim level, your driving record, and physical damage deductibles and liability limits.

An older driver with a good driving record and high physical damage deductibles may pay as little as $900 per year on average, or $75 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they will have to pay in the ballpark of $3,700 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out anywhere from $1,100 to $1,600 in extra premium every year, depending on your age. High-risk driver insurance can cost as much as 42% to 126% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $290 every year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $362 extra every year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Mazda MX-5 Miata insurance prices. A 40-year-old driver could pay as low as $700 a year in states like Utah, Ohio, and New Hampshire, or at least $1,310 on average in New York, Michigan, and Florida.

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 Cheaper Mazda MX-5 Miata Insurance

Finding cheaper rates on car insurance not only requires not taking risks behind the wheel, but also having above-average credit, not filing small claims, and possibly higher deductibles. Make time to compare rates at every other renewal by getting rate quotes from direct companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following is a condensed summary of the concepts that were touched on in this article.

• Higher risk drivers with multiple at-fault accidents may pay on average $1,120 more per year for MX-5 Miata insurance
• Teens have the highest car insurance rates, as much as $317 each month if full coverage is included
• You may be able to save around $110 per year just by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $275 each year
• You may be able to save around $110 per year just by shopping early and online