Mazda MX-5 Miata Insurance Rates

Average auto insurance rates for a Mazda MX-5 Miata are $938 annually for full coverage insurance. Comprehensive costs approximately $164, collision costs $236, and liability is $402. A liability-only policy costs around $446 a year, with high-risk insurance costing around $2,020. Teens receive the highest rates at $3,708 a year or more.

Average premium for full coverage: $938

Rate estimates by individual coverage type:

These estimates include $500 deductible amounts, 30/60 bodily injury liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all 50 states and for different MX-5 Miata trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on the price of auto insurance. Rural locations tend to have fewer physical damage claims than cities with more traffic congestion.

The price range example below illustrates how your location can change auto insurance prices.

These examples illustrate why anyone shopping for car insurance should compare rates quotes using their specific location and their own personal driving habits, instead of using averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $563
• Raising to $1,000 deductibles will save $92 each year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $938
• Selecting more expensive low deductibles will cost $1,112
• At-risk drivers with serious driving violations could pay around $2,020 or more
• The cost with full coverage for a teen driver with full coverage can cost $3,708

Insurance rates for a Mazda MX-5 Miata can also vary considerably based on the trim level of your MX-5 Miata, your risk profile, and physical damage deductibles and liability limits.

An older driver with a clean driving record and high physical damage deductibles may pay as little as $900 every 12 months on average for full coverage. Rates are much higher for teen drivers, 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 like to drive fast or you caused a few accidents, you are probably paying anywhere from $1,100 to $1,600 extra per year, depending on your age. High-risk driver insurance is expensive and can cost as much as 43% to 131% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $270 every year, while increasing your policy's liability limits will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $362 more per year. View Rates by Deductible or Liability Limit

Where you live also has a big influence on Mazda MX-5 Miata insurance prices. A middle-age driver might find rates as low as $610 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,270 on average in Florida, New York, and Michigan.

With so much variability in rates, the only way to figure out who has the best car insurance rates is to compare rates and see which company has the best rate. Every auto insurance company calculates rates differently, so the rates can be significantly 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 Cheap Mazda MX-5 Miata Insurance

Saving money on car insurance consists of having a good driving record, having a good credit history, avoid buying unnecessary coverage, and maximizing policy discounts. Invest the time to shop around at every other renewal by obtaining price quotes from direct insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

The next list is a brief summary of the concepts that were illustrated above.

• Higher risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,080 more per year to buy Mazda MX-5 Miata insurance
• Drivers age 20 and younger are expensive to insure, costing up to $309 per month including comprehensive and collision insurance
• It is possible to save around $110 per year simply by shopping early and online
• Increasing deductibles could save up to $275 each year
• It is possible to save around $110 per year simply by shopping early and online