Mazda MX-5 Miata Insurance Rates
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Michelle Robbins
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Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
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UPDATED: May 9, 2024
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Average insurance rates for a Mazda MX-5 Miata are $968 a year for full coverage insurance. Comprehensive costs approximately $176 each year, collision insurance costs $254, and liability insurance is $402. Buying just liability costs around $446 a year, and insurance for high-risk drivers costs around $2,086. Teen drivers receive the highest rates at up to $3,798 a year.
Average premium for full coverage: $968
Rate estimates by individual coverage type:
These estimates include $500 policy deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 states and MX-5 Miata models.
Price Range by Coverage and Risk
Using a middle-aged driver as an example, prices range range from as low as $446 for minimum levels of liability insurance to a high rate of $2,086 for coverage for higher-risk drivers.
Price Range by Location
Choosing to live in a large city has a significant impact on the price of auto insurance. Rural locations tend to have a lower frequency of physical damage claims than larger metro areas. The graphic below illustrates how where you live affects auto insurance prices.
These examples illustrate why all drivers should compare rates quotes using their specific location and risk profile, rather than relying on price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Additional Rate Details
The chart below illustrates average Mazda MX-5 Miata insurance rates for additional coverage and risk scenarios.
- The lowest rate with discounts is $578
- Raising to $1,000 deductibles will save $98 each year
- The average rate for a 40-year-old driver who chooses $500 deductibles is $968
- Choosing low deductibles will increase the cost to $1,156
- Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,086
- The cost for full coverage for a teen driver can cost $3,798
Auto insurance rates for a Mazda MX-5 Miata can also vary considerably based on your driver profile, the model year and trim level, and physical damage deductibles and liability limits.
More mature drivers with a good driving record and high deductibles could pay as little as $900 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay in the ballpark of $3,700 a year. View Rates by Age
Where you live also has a big influence on Mazda MX-5 Miata insurance rates. A middle-age driver might find rates as low as $630 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,310 on average in Florida, New York, and Michigan.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $876 | -$92 | -9.5% |
| Alaska | $744 | -$224 | -23.1% |
| Arizona | $804 | -$164 | -16.9% |
| Arkansas | $968 | -$0 | 0.0% |
| California | $1,102 | $134 | 13.8% |
| Colorado | $924 | -$44 | -4.5% |
| Connecticut | $994 | $26 | 2.7% |
| Delaware | $1,094 | $126 | 13.0% |
| Florida | $1,208 | $240 | 24.8% |
| Georgia | $896 | -$72 | -7.4% |
| Hawaii | $694 | -$274 | -28.3% |
| Idaho | $656 | -$312 | -32.2% |
| Illinois | $722 | -$246 | -25.4% |
| Indiana | $730 | -$238 | -24.6% |
| Iowa | $652 | -$316 | -32.6% |
| Kansas | $920 | -$48 | -5.0% |
| Kentucky | $1,320 | $352 | 36.4% |
| Louisiana | $1,434 | $466 | 48.1% |
| Maine | $598 | -$370 | -38.2% |
| Maryland | $800 | -$168 | -17.4% |
| Massachusetts | $772 | -$196 | -20.2% |
| Michigan | $1,680 | $712 | 73.6% |
| Minnesota | $812 | -$156 | -16.1% |
| Mississippi | $1,160 | $192 | 19.8% |
| Missouri | $858 | -$110 | -11.4% |
| Montana | $1,040 | $72 | 7.4% |
| Nebraska | $760 | -$208 | -21.5% |
| Nevada | $1,162 | $194 | 20.0% |
| New Hampshire | $698 | -$270 | -27.9% |
| New Jersey | $1,082 | $114 | 11.8% |
| New Mexico | $856 | -$112 | -11.6% |
| New York | $1,020 | $52 | 5.4% |
| North Carolina | $558 | -$410 | -42.4% |
| North Dakota | $794 | -$174 | -18.0% |
| Ohio | $668 | -$300 | -31.0% |
| Oklahoma | $992 | $24 | 2.5% |
| Oregon | $888 | -$80 | -8.3% |
| Pennsylvania | $922 | -$46 | -4.8% |
| Rhode Island | $1,290 | $322 | 33.3% |
| South Carolina | $878 | -$90 | -9.3% |
| South Dakota | $816 | -$152 | -15.7% |
| Tennessee | $846 | -$122 | -12.6% |
| Texas | $1,166 | $198 | 20.5% |
| Utah | $716 | -$252 | -26.0% |
| Vermont | $660 | -$308 | -31.8% |
| Virginia | $580 | -$388 | -40.1% |
| Washington | $746 | -$222 | -22.9% |
| West Virginia | $888 | -$80 | -8.3% |
| Wisconsin | $668 | -$300 | -31.0% |
| Wyoming | $860 | -$108 | -11.2% |
Choosing high deductibles can reduce rates by up to $290 each year, whereas increasing liability limits will push rates upward. Switching from a 50/100 limit to a 250/500 limit will cost as much as $362 extra every year. View Rates by Deductible or Liability Limit
If you like to drive fast or tend to cause accidents, you are probably paying anywhere from $1,100 to $1,600 in extra premium per year, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 42% to 126% more than average. View High Risk Driver Rates
Insurance Rates by Trim Level and Model Year
| Model and Trim | Annual Premium | Monthly Premium |
|---|---|---|
| Mazda MX-5 Miata Sport 2-Dr Convertible | $944 | $79 |
| Mazda MX-5 Miata Touring 2-Dr Convertible | $968 | $81 |
| Mazda MX-5 Miata Grand Touring 2-Dr Convertible | $994 | $83 |
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.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 Mazda MX-5 Miata | $268 | $452 | $332 | $1,188 |
| 2023 Mazda MX-5 Miata | $256 | $448 | $338 | $1,178 |
| 2022 Mazda MX-5 Miata | $248 | $436 | $354 | $1,174 |
| 2021 Mazda MX-5 Miata | $240 | $418 | $364 | $1,158 |
| 2019 Mazda MX-5 Miata | $218 | $374 | $384 | $1,112 |
| 2017 Mazda MX-5 Miata | $200 | $316 | $390 | $1,042 |
| 2015 Mazda MX-5 Miata | $180 | $272 | $394 | $982 |
| 2014 Mazda MX-5 Miata | $176 | $254 | $402 | $968 |
| 2011 Mazda MX-5 Miata | $148 | $196 | $402 | $882 |
Rates are averaged for all Mazda MX-5 Miata models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find Cheap Mazda MX-5 Miata Insurance
Saving money on Mazda MX-5 Miata insurance consists of avoiding accidents and claims, having good credit, avoid buying unnecessary coverage, and possibly higher deductibles. Take the time to comparison shop at least once a year by requesting quotes from direct insurance companies like GEICO and Progressive, and also from your local independent and exclusive agents.
The points below are a brief summary of the primary concepts that were touched on in the above illustrations.
- It is possible to save around $110 per year just by quoting online in advance
- High-risk drivers that tend to have accidents or serious violations may pay on average $1,120 more per year to insure a Mazda MX-5 Miata
- Increasing deductibles can save around $275 each year
- Drivers under the age of 20 have the highest car insurance rates, costing up to $317 per month if they have full coverage
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $3,798 |
| 20 | $2,214 |
| 30 | $992 |
| 40 | $968 |
| 50 | $888 |
| 60 | $872 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,156 |
| $250 | $1,070 |
| $500 | $968 |
| $1,000 | $870 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $968 |
| 50/100 | $1,074 |
| 100/300 | $1,175 |
| 250/500 | $1,436 |
| 100 CSL | $1,115 |
| 300 CSL | $1,336 |
| 500 CSL | $1,497 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $5,376 |
| 20 | $3,526 |
| 30 | $2,112 |
| 40 | $2,086 |
| 50 | $1,990 |
| 60 | $1,972 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $50 |
| Multi-vehicle | $52 |
| Homeowner | $16 |
| 5-yr Accident Free | $62 |
| 5-yr Claim Free | $61 |
| Paid in Full/EFT | $38 |
| Advance Quote | $44 |
| Online Quote | $67 |
| Total Discounts | $390 |
Discounts are estimated and may not be available from every company or in every state.
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