Mazda MX-5 Miata Insurance Rates

The average auto insurance rates for a Mazda MX-5 Miata are $938 annually including full coverage. Comprehensive costs approximately $164, collision insurance costs $236, and liability is estimated at $402. Buying just liability costs approximately $446 a year, and insurance for high-risk drivers 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 by type of insurance:

Price estimates include $500 deductibles, 30/60 bodily injury liability limits, and includes both medical and uninsured motorist insurance. 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 can make a big difference on car insurance prices. Rural locations are shown to have fewer comprehensive and collision claims than congested cities. The example below illustrates how rural and urban location affects auto insurance prices.

The examples above highlight why everyone should get quotes using their specific location and their own personal driving habits, instead of making a decision based on rate averages.

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

Additional Rate Details

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

• The best full coverage rate is $563
• Choosing higher $1,000 deductibles can save $92 every year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $938
• Buying pricier low deductibles for comp and collision coverage will cost $1,112
• Higher-risk drivers with multiple tickets or accidents could pay around $2,020
• Policy cost with full coverage for a 16-year-old driver for full coverage can cost $3,708 each year

Insurance rates for a Mazda MX-5 Miata also range considerably based on the model year and trim level, your driving characteristics, and physical damage deductibles and liability limits.

A more mature driver with a clean driving record and high physical damage deductibles may pay as low as $900 annually on average, or $75 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay in the ballpark of $3,700 a year. View Rates by Age

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

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

Your home state 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 $720 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,340 on average in Louisiana, New York, and Michigan.

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 Buy Cheaper Mazda MX-5 Miata Insurance

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

The following is a condensed summary of the concepts that were raised in the charts and tables above.

• Drivers considered higher risk with multiple at-fault accidents may have to pay on average $1,080 more per year for MX-5 Miata insurance
• Teens are expensive to insure, with premiums being up to $309 each month including comprehensive and collision insurance
• You may be able to save around $110 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save up to $275 each year
• You may be able to save around $110 per year just by quoting online well ahead of the renewal date