Mazda MX-5 Miata Insurance Rates
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Dani Best
Licensed Insurance Producer
Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...
Licensed Insurance Producer
UPDATED: May 9, 2024
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U.S. average auto insurance rates for a Mazda MX-5 Miata are $968 annually for full coverage insurance. Comprehensive insurance costs around $176 a 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 $2,086 or more. 16-year-old drivers pay the highest rates at up to $3,798 a year.
Average premium for full coverage: $968
Price estimates for individual coverage:
Rate estimates include $500 policy deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Estimates are averaged for all 50 states and MX-5 Miata trim levels.
Price Range from Low to High
For the average 40-year-old driver, Mazda MX-5 Miata insurance prices range from as cheap as $446 for minimum levels of liability insurance to a high of $2,086 for a high-risk insurance policy.
Geographic Price Range
Choosing to live in a large city has a significant impact on car insurance rates. Areas with sparse population have fewer physical damage claims than congested cities. The diagram below illustrates the difference location can make on auto insurance rates.
The ranges above illustrate why it is important to compare rates quotes for a specific zip code and their own personal driving habits, rather than relying on rate 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 choices and driver risks.
- The best full coverage rate is $578
- Raising to $1,000 deductibles will save about $870 each year
- The estimated rate for the average middle-age driver using $500 deductibles is $968
- Buying low $100 deductibles costs an additional $188 a year
- Higher-risk drivers with multiple tickets or accidents could pay at least $2,086
- The price with full coverage for a teen driver can be $3,798
Insurance prices for a Mazda MX-5 Miata are also quite variable based on the trim level and model year, your risk profile, and deductibles and policy limits.
Older drivers with no violations or accidents and high physical damage deductibles could pay as little as $900 every 12 months on average for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they should be prepared to pay as much as $3,700 a year. View Rates by Age
If you have some driving violations or you caused a few accidents, you are probably paying at least $1,100 to $1,600 additional each year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 42% to 126% more than the average rate. View High Risk Driver Rates
Opting for high physical damage deductibles can reduce prices by up to $290 each year, while buying higher liability limits will increase prices. Switching from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $362 more each year. View Rates by Deductible or Liability Limit
The state you live in also has a big influence on Mazda MX-5 Miata insurance rates. A middle-age driver might find prices as low as $630 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,310 on average in Michigan, New York, and Florida.
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% |
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 Buy the Best Mazda MX-5 Miata Insurance
Getting lower rates on Mazda MX-5 Miata insurance consists of avoiding accidents and claims, having good credit, not filing small claims, and deciding if full coverage is necessary. Make time to compare rates at least every other year by quoting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.
The points below are a brief recap of the car insurance concepts touched on in this article.
- High-risk drivers who tend to receive serious violations pay on average $1,120 more every year to insure a Mazda MX-5 Miata
- It is possible to save up to $110 per year just by quoting early and online
- Increasing physical damage deductibles could save up to $275 each year
- Drivers who may need increased liability limits will pay around $440 annually to raise from a low limit to higher 250/500 limits
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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