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 approximately $164, collision insurance costs $236, and liability coverage is estimated at $402. Liability-only insurance costs approximately $446 a year, and high-risk driver insurance costs $2,020 or more. Teenage drivers pay the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Price estimates by individual coverage:

Prices are based on $500 policy deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all U.S. states and for all MX-5 Miata models.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of insurance. Rural locations have a lower frequency of collision claims than densely populated cities. The example below illustrates how geographic area affects auto insurance prices.

The ranges above demonstrate why everyone should get quotes using their specific location and risk profile, rather than using average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $563
• Choosing higher $1,000 deductibles can save $92 annually
• The average rate for the average middle-age driver who chooses $500 deductibles is $938
• Using pricier low deductibles for comp and collision coverage will cost an extra $174 each year
• Drivers who are prone to accidents and violations could pay around $2,020
• The price for full coverage for a teenage driver for full coverage can cost $3,708 each year

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

A more mature driver with no driving violations and high deductibles may only pay around $900 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will be charged in the ballpark of $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 rates. A good driver about age 40 could pay as low as $680 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,270 on average in New York, Michigan, and Florida.

Using high physical damage deductibles can save as much as $270 a year, whereas buying more liability protection will push prices upward. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $362 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out anywhere from $1,100 to $1,600 extra each year, depending on your age. Mazda MX-5 Miata insurance for high-risk drivers ranges around 43% to 131% more than a normal policy. 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 Affordable Mazda MX-5 Miata Insurance

Getting lower rates on auto insurance takes being a good driver, having above-average credit, avoid buying unnecessary coverage, and attention to physical damage deductibles. Invest the time to compare rates at least every other year by getting rate quotes from direct companies like Progressive and GEICO, and also from several local insurance agents.

The following list is a brief review of the car insurance concepts presented in the illustrations above.

• Drivers with DUI or reckless driving convictions pay on average $1,080 more per year than a safer driver
• You may be able to save around $110 per year just by quoting online well ahead of the renewal date
• Increasing physical damage deductibles can save around $275 each year
• Consumers who purchase an increased level of liability coverage will pay an extra $440 every year to raise limits from a low limit to 250/500 limits