Mazda MX-5 Miata Insurance Rates

Estimated insurance prices for a Mazda MX-5 Miata are $938 every 12 months for full coverage. Comprehensive costs approximately $164 each year, collision costs $236, and liability coverage costs $402. A policy with only liability insurance costs as little as $446 a year, with a high-risk policy costing around $2,020. Teenage drivers pay the most at $3,708 a year or more.

Average premium for full coverage: $938

Premium estimates by type of coverage:

Includes $500 deductibles, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and MX-5 Miata models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on car insurance rates. Rural locations are statistically proven to have more infrequent accident claims than densely populated cities.

The graphic below illustrates how geographic area affects auto insurance prices.

These rate differences show why all drivers should compare rates using their specific location and their own driving history, rather than using average rates.

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

Additional Rate Analysis

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

• The best discount rate is $563
• Drivers who choose higher $1,000 deductibles will pay $92 a year
• The average price for a 40-year-old good driver who chooses $500 deductibles is $938
• Using low deductibles for comprehensive and collision insurance increases the price to $1,112
• High-risk insureds who are prone to accidents and violations could pay around $2,020 or more
• An auto insurance policy to insure a teenage driver can cost $3,708 a year

Car insurance prices for a Mazda MX-5 Miata also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the model of your MX-5 Miata.

Using high physical damage deductibles could save up to $270 a year, whereas increasing liability limits will push prices upward. Going from a 50/100 liability limit to a 250/500 limit will cost up to $362 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may only pay around $900 per year on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will be charged in the ballpark of $3,700 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying anywhere from $1,100 to $1,600 extra annually, depending on your age. Insurance for high-risk drivers can cost around 43% to 131% more than a normal policy. View High Risk Driver Rates

Where you choose to live makes a big difference in Mazda MX-5 Miata insurance rates. A 40-year-old driver could pay as low as $620 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,340 on average in New York, Louisiana, and Michigan.

With such a large range in prices, the only way to know who has the cheapest car insurance prices is to do a rate comparison and see how they stack up. Every company uses a different method to calculate prices, so rate quotes will be substantially different.

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 Shop for the Cheapest Mazda MX-5 Miata Insurance

Finding better rates on auto insurance not only requires not taking risks behind the wheel, but also maintaining a good credit score, not filing small claims, and avoiding coverage lapses. Invest the time to compare rates at every other renewal by getting rate quotes from direct carriers, and also from your local independent and exclusive agents.

The following is a recap of the concepts that were presented in the illustrations above.

• Drivers that have major violations or accidents may pay on average $1,080 more per year for MX-5 Miata insurance
• Teens pay the highest auto insurance prices, as much as $309 per month if the policy includes full coverage
• Drivers can save around $110 per year simply by quoting online in advance
• Increasing policy deductibles could save as much as $275 each year
• Drivers can save around $110 per year simply by quoting online in advance