Mazda MX-5 Miata Insurance Rates

The average insurance rates for a Mazda MX-5 Miata are $938 a year including full coverage. Comprehensive costs an estimated $164, collision insurance costs $236, and liability insurance is estimated at $402. Liability-only coverage costs approximately $446 a year, and high-risk coverage costs around $2,020. 16-year-old drivers cost the most to insure at up to $3,708 a year.

Average premium for full coverage: $938

Policy rates broken down by type of insurance:

Prices include $500 deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 U.S. states and for all MX-5 Miata models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of auto insurance. More rural locations are shown to have a lower frequency of comprehensive and collision claims than congested cities. The example below illustrates how your location can change insurance prices.

The examples above highlight why everyone should get quotes for a targeted area and risk profile, rather than relying on rate averages.

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

Additional Rate Information

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

• The best full coverage rate is $563
• Choosing higher $1,000 deductibles can save approximately $92 every year
• The average rate for a good driver age 40 who has $500 deductibles is $938
• Buying pricier low deductibles for comp and collision coverage will increase the cost to $1,112
• High-risk insureds with multiple tickets or accidents could pay up to $2,020
• Policy cost for full coverage for a teen driver for full coverage can cost as much as $3,708 each year

Insurance rates for a Mazda MX-5 Miata also range considerably based on your risk profile, the model of your MX-5 Miata, and liability limits and deductibles.

A more mature driver with no violations or accidents and high deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay at least $3,700 a year. View Rates by Age

Your home state plays a big part in determining prices for Mazda MX-5 Miata insurance rates. A good driver about age 40 could pay as low as $720 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,340 on average in Louisiana, New York, and Michigan.

Opting for high physical damage deductibles can save as much as $270 each year, whereas buying more liability protection will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $362 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying $1,100 to $1,600 additional every year, depending on your age. Mazda MX-5 Miata insurance for high-risk drivers ranges anywhere from 43% to 131% more than the average rate. View High Risk Driver Rates

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 the Right Mazda MX-5 Miata Insurance

Finding cheaper rates on Mazda MX-5 Miata insurance takes not taking risks behind the wheel, having a good credit history, paying for small claims out-of-pocket, and possibly raising deductibles. Invest the time to shop around every time your policy renews by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following is a quick rundown of the information illustrated above.

• You may be able to save approximately $110 per year just by quoting online well ahead of the renewal date
• Teens are expensive to insure, with premiums being up to $309 each month including comprehensive and collision insurance
• Increasing comprehensive and collision deductibles can save around $275 each year
• High-risk drivers with reckless driving or DUI convictions may pay on average $1,080 more annually for MX-5 Miata insurance
• Drivers who want higher liability limits will pay around $440 per year to raise limits from a 30/60 limit to 250/500 limits