Mazda MX-5 Miata Insurance Rates

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

Average premium for full coverage: $938

Premium estimates by type of coverage:

Prices are based on $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates include averaging for all U.S. states and for all MX-5 Miata models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on auto insurance rates. Rural areas are statistically proven to have lower incidents of collision claims than larger metro areas.

The example below illustrates how rural and urban location affects car insurance rates.

These rate differences demonstrate why everyone should compare rates based on a specific location, rather than using price averages.

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

Additional Rate Information

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

• The lowest rate with discounts is $563
• Drivers who choose higher $1,000 deductibles will pay around $92 annually
• The estimated price for a 40-year-old good driver with $500 deductibles is $938
• Choosing pricier low deductibles for comprehensive and collision insurance bumps up the cost to $1,112
• High-risk insureds 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 for full coverage may cost $3,708 a year

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

If you have a few violations or you caused an accident, you may be forking out at a minimum $1,100 to $1,600 extra annually, depending on your age. Mazda MX-5 Miata insurance for high-risk drivers can cost around 43% to 131% more than average. View High Risk Driver Rates

A more mature driver with a clean driving record and higher comprehensive and collision deductibles may only pay around $900 per year on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records can expect to pay upwards of $3,700 a year. View Rates by Age

Where you choose to live makes a big difference in Mazda MX-5 Miata insurance rates. A 40-year-old driver could pay as low as $680 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,270 on average in Florida, Michigan, and New York.

Choosing high deductibles could save up to $270 a year, whereas buying more liability protection will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $362 more per year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to find out exactly what you will pay is to regularly compare prices and see how they stack up. Every company uses a different rate calculation, so the 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 Affordable Mazda MX-5 Miata Insurance

Finding better rates on auto insurance not only requires avoiding accidents and violations, but also having above-average credit, being claim-free, and bundling your home and auto policies. Shop around every time your policy renews by requesting rates from direct companies, and also from several local insurance agents.

The list below is a brief review of the information raised in the charts and tables above.

• You may be able to save as much as $110 per year simply by quoting online well ahead of the renewal date
• Teenagers pay the highest prices, possibly costing $309 per month if full coverage is included
• Increasing policy deductibles can save approximately $275 each year
• Drivers with DUI or reckless driving convictions pay on average $1,080 more each year for car insurance
• Consumers who require higher liability limits will pay about $440 every year to go from 30/60 bodily injury limits to the 250/500 level