Mazda MX-5 Miata Insurance Rates

Average insurance rates for a Mazda MX-5 Miata are $938 a year including full coverage. Comprehensive costs on average $164, collision insurance costs $236, and liability is $402. A policy with just liability insurance costs around $446 a year, and coverage for high-risk drivers costs around $2,020. Teenage drivers receive the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Rate estimates by individual coverage type:

Estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 U.S. states and for all MX-5 Miata models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas tend to have a lower frequency of comprehensive and collision claims than densely populated cities. The example below illustrates how location impacts car insurance rates.

These examples highlight why everyone should compare rates quotes based on a specific location and risk profile, instead of making a decision based on average rates.

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 different risk profiles and scenarios.

• The best discount rate is $563
• Raising to $1,000 deductibles will save around $92 every year
• The average rate for a 40-year-old driver with $500 deductibles is $938
• Using pricier low deductibles will increase the cost to $1,112
• Drivers who are prone to accidents and violations could pay upwards of $2,020
• The cost for full coverage for a 16-year-old driver for full coverage may cost $3,708

Insurance rates for a Mazda MX-5 Miata can also vary considerably based on your driver profile, the model of your MX-5 Miata, and policy deductibles and limits.

A more mature driver with no violations or accidents and high deductibles may pay as low as $900 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay upwards of $3,700 a year. View Rates by Age

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 $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.

Using high physical damage deductibles can reduce rates by up to $270 annually, whereas buying more liability protection will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost as much as $362 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying at a minimum $1,100 to $1,600 additional per year, depending on your age. Mazda MX-5 Miata insurance for high-risk drivers is expensive and can cost from 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 Low Cost Mazda MX-5 Miata Insurance

Saving money on insurance for a Mazda MX-5 Miata consists of having a decent driving record, having a good credit history, not filing small claims, and dropping full coverage on older vehicles. Spend time shopping around at least every other year by getting quotes from direct car insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

The following items are a review of the car insurance concepts touched on above.

• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,080 more each year than a driver with a clean driving record
• You may be able to save as much as $110 per year just by quoting online well ahead of the renewal date
• Increasing deductibles can save around $275 each year
• Insureds who require additional liability coverage will pay an extra $440 per year to raise from a minimum limit to 250/500 limits