Mazda MX-5 Miata Insurance Rates

U.S. average insurance rates for a Mazda MX-5 Miata are $938 a year with full coverage. Comprehensive insurance costs an estimated $164, collision insurance costs $236, and liability is estimated at $402. Liability-only coverage costs approximately $446 a year, and high-risk coverage costs $2,020 or more. Teen drivers pay the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Price estimates broken down by individual coverage:

These estimates include $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and for different MX-5 Miata trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on car insurance rates. More rural locations have a lower frequency of collision claims than larger metro areas. The price range example below illustrates how where you live affects insurance prices.

The ranges above demonstrate why anyone shopping for car insurance should get quotes for a targeted area and risk profile, instead of using price averages.

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

Additional Charts and Tables

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

• The lowest rate with discounts is $563
• Choosing higher $1,000 deductibles can save approximately $92 annually
• The average rate for the average middle-age driver who has $500 deductibles is $938
• Choosing more expensive low deductibles for comp and collision coverage will cost an extra $174 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,020
• The price for full coverage for a teen driver with full coverage can cost as much as $3,708 each year

Auto insurance prices for a Mazda MX-5 Miata are also quite variable based on your driving record, the trim level and model year, and liability limits and deductibles.

An older driver with a good driving record and high deductibles may pay as little as $900 annually on average for full coverage. Prices are highest for teenage drivers, where even good drivers will have to pay at least $3,700 a year. View Rates by Age

The state you live in plays a big part in determining prices for Mazda MX-5 Miata insurance prices. A good driver about age 40 could pay as low as $680 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,270 on average in New York, Michigan, and Florida.

Choosing high deductibles can save as much as $270 every year, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $362 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out $1,100 to $1,600 in extra premium each year, depending on your age. High-risk driver insurance ranges as much as 43% to 131% more than average. 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 Cheap Mazda MX-5 Miata Insurance

Getting lower rates on car insurance takes being a low-risk driver, having good credit, avoid buying unnecessary coverage, and consideration of higher deductibles. Take the time to comparison shop every other policy renewal by requesting quotes from direct companies like Progressive and GEICO, and also from local exclusive and independent agents.

The items below are a brief summary of the ideas that were touched on in the above illustrations.

• Teen drivers are the costliest to insure, costing up to $309 a month if they have full coverage
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,080 more annually to insure their MX-5 Miata
• Increasing physical damage deductibles can save around $275 each year
• You may be able to save approximately $110 per year just by shopping early and online