Mazda MX-5 Miata Insurance Rates

Estimated insurance rates for a Mazda MX-5 Miata are $938 a year including full coverage. Comprehensive insurance costs on average $164 a year, collision costs $236, and liability coverage is estimated at $402. Liability-only insurance costs approximately $446 a year, with high-risk driver insurance costing $2,020 or more. Teen drivers pay the most at $3,708 a year or more.

Average premium for full coverage: $938

Premium estimates by type of coverage:

Rate estimates include $500 policy deductibles, 30/60 liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all 50 U.S. states and MX-5 Miata trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on car insurance rates. Rural areas are statistically proven to have lower incidents of comprehensive and collision claims than larger metro areas.

The diagram below illustrates how where you live affects car insurance rates.

These rate differences highlight why it is important to get quotes based on a specific location, rather than using price averages.

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

Rates by State, City, and Model

The chart below breaks down estimated Mazda MX-5 Miata insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $563
• Choosing higher $1,000 deductibles can save around $846 every year
• The estimated price for a 40-year-old good driver with $500 deductibles is $938
• Choosing low $100 deductibles for comp and collision coverage will cost an additional $174 each year
• Drivers with multiple violations and an at-fault accident could pay upwards of $2,020 or more
• An auto insurance policy that insures a teenage driver may cost $3,708 each year

Insurance prices for a Mazda MX-5 Miata also have a wide range based on the trim level of your MX-5 Miata, your driving record and age, and policy deductibles and limits.

If you have a few violations or you caused an accident, you are likely paying at a minimum $1,100 to $1,600 additional annually, depending on your age. A high-risk auto insurance policy ranges around 43% to 131% more than average. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $900 annually on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay upwards of $3,700 a year. View Rates by Age

Where you choose to live 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 Missouri, New Hampshire, and Vermont, or as much as $1,340 on average in Michigan, New York, and Louisiana.

Choosing high deductibles can save as much as $270 a year, while buying higher liability limits will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $362 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to figure out exactly what you will pay is to get quotes and see how they stack up. Each auto insurer uses a different rate calculation, and prices 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 Find the Best Mazda MX-5 Miata Insurance

Finding better rates on auto insurance takes being safe and accident-free, having a good credit score, refrain from filing small claims, and insuring your home and auto with the same company. Shop around at every policy renewal by getting rate quotes from direct car insurance companies, and also from insurance agencies where you live.

Below you'll find a brief recap of the data touched on in the above illustrations.

• Consumers who require more liability protection will pay about $440 per year to raise limits from 30/60 bodily injury limits to the 250/500 level
• You may be able to save as much as $110 per year simply by quoting early and online
• Increasing policy deductibles can save approximately $275 each year
• Youthful drivers pay higher prices, with the cost nearing $309 per month if comprehensive and collision insurance is included