Mazda MX-5 Miata Insurance Rates

U.S. average auto insurance rates for a Mazda MX-5 Miata are $938 annually including full coverage. Comprehensive insurance costs on average $164 a year, collision costs $236, and liability costs around $402. A policy with just liability insurance costs as low as $446 a year, with coverage for high-risk drivers costing $2,020 or more. Teenage drivers pay the highest rates at $3,708 a year or more.

Average premium for full coverage: $938

Price estimates by individual coverage:

Includes $500 policy deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 U.S. states and MX-5 Miata trim levels.

Price Range from Low to High

Geographic Price Range

Where you live can have significant affects on car insurance rates. Rural areas have fewer comprehensive and collision claims than densely populated cities.

The diagram below illustrates how your location can change car insurance rates.

The ranges above highlight why it is important to compare prices based on a specific location and their own personal driving habits, instead of using average rates.

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

Rate Comparisons

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

• The best discount rate is $563
• Using higher $1,000 deductibles will save around $846 every year
• The estimated rate for the average middle-age driver with $500 deductibles is $938
• Using low $100 deductibles for physical damage coverage costs an additional $174 every year
• Drivers who are prone to accidents and violations could pay upwards of $2,020 or more
• The price with full coverage for a teen driver may cost $3,708 or more

Insurance prices for a Mazda MX-5 Miata are also quite variable based on the trim level and model year, your driving characteristics, and policy deductibles and limits.

Older drivers with a clean driving record and high physical damage deductibles may pay as little as $900 a year for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they can expect to pay upwards of $3,700 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are likely paying at a minimum $1,100 to $1,600 extra each year, depending on your age. A high-risk auto insurance policy can be as much as 43% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut prices by as much as $270 every year, while buying higher liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $362 more per year. View Rates by Deductible or Liability Limit

The state you live in has a huge impact on Mazda MX-5 Miata insurance prices. A driver around age 40 might see prices as low as $720 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,340 on average in Michigan, New York, and Louisiana.

Since prices can be so different, the best way to figure out exactly what you will pay is to get quotes and see which company has the best price. Each insurance company uses a different method to calculate prices, so the prices may be quite different between companies.

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 the Cheapest Mazda MX-5 Miata Insurance

Getting lower rates on car insurance requires being a good driver, having a good credit history, being claim-free, and bundling your home and auto policies. Invest the time to shop around at every other renewal by getting price quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following list is a recap of the concepts that were illustrated above.

• Higher risk drivers that have major violations or accidents pay on average $1,080 more each year than a safer driver
• Drivers age 16 to 20 pay the highest prices, possibly costing $309 a month including comprehensive and collision insurance
• You may be able to save as much as $110 per year simply by quoting early and online
• Increasing physical damage deductibles could save up to $275 each year
• You may be able to save as much as $110 per year simply by quoting early and online