Mazda MX-5 Miata Insurance Rates

U.S. average insurance prices for a Mazda MX-5 Miata are $938 every 12 months for full coverage. Comprehensive costs approximately $164, collision insurance costs $236, and liability is estimated at $402. Liability-only coverage costs approximately $446 a year, and high-risk coverage costs around $2,020. Teenage drivers pay the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Price estimates by individual coverage:

Full coverage includes $500 deductible amounts, minimum liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all states and for different MX-5 Miata trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on car insurance rates. Rural locations have more infrequent accident claims than densely populated cities. The price range example below illustrates how your location can change auto insurance prices.

The ranges above show why anyone shopping for car insurance should get quotes using their specific location and their own driving history, instead of using average rates.

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

Rates by State, City, and Model

The chart below shows 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 a year
• The average price for the average middle-age driver who chooses $500 deductibles is $938
• Using more expensive low deductibles for comp and collision coverage increases the price to $1,112
• Unlucky drivers who are prone to accidents and violations could pay around $2,020
• The price to insure a teen driver with full coverage can cost $3,708 each year

Auto insurance prices for a Mazda MX-5 Miata are also quite variable based on deductibles and policy limits, your driver profile, and the model of your MX-5 Miata.

Using high physical damage deductibles can save as much as $270 every year, while increasing your policy's liability limits will push prices upward. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $362 extra every year. View Rates by Deductible or Liability Limit

An older driver with a good driving record and higher deductibles may pay as little as $900 annually on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers will have to pay in the ballpark of $3,700 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying anywhere from $1,100 to $1,600 in extra premium each year, depending on your age. High-risk driver insurance ranges as much as 43% to 131% more than a normal policy. View High Risk Driver Rates

The state you live in 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 $620 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,340 on average in New York, Louisiana, 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 Shop for More Affordable Mazda MX-5 Miata Insurance

Getting lower rates on car insurance takes having a good driving record, having a good credit score, eliminating unnecessary coverage, and possibly higher deductibles. Invest the time to shop around every couple of years by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The next list is a summary of the material that was illustrated above.

• Policyholders who purchase increased levels of liability coverage will pay an extra $440 each year to raise limits from a low limit to a 250/500 level
• Drivers age 20 and younger have the highest car insurance prices, with premiums as much as $309 a month if comprehensive and collision insurance is included
• Higher risk drivers who have multiple accidents or major violations may pay on average $1,080 more per year to buy Mazda MX-5 Miata insurance
• Increasing physical damage deductibles could save as much as $275 each year