Mazda MX-5 Miata Insurance Rates
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Michelle Robbins
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Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
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UPDATED: May 9, 2024
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Average insurance rates for a Mazda MX-5 Miata are $938 a year with full coverage. Comprehensive costs approximately $164 a year, collision costs $236, and liability coverage is estimated at $402. Liability-only coverage costs approximately $446 a year, with high-risk coverage costing around $2,020. Teen drivers receive the highest rates at $3,708 a year or more.
Average premium for full coverage: $938
Rate estimates by individual coverage type:
Rate estimates include $500 policy deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all U.S. states and MX-5 Miata trim levels.
Price Range by Coverage and Risk
For a driver in their 40's, prices range go from as low as $446 for your basic liability-only policy to a high of $2,020 for a driver required to buy high-risk insurance.
Price Range by Location
Living in a larger city has a large influence on the price of insurance. Rural locations tend to have a lower frequency of collision claims than larger metro areas.
The diagram below illustrates how location helps determine auto insurance prices.
These examples demonstrate why it is important to get quotes using their specific location and risk profile, rather than using price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
More Rate Information
The chart below details estimated Mazda MX-5 Miata insurance rates for additional coverage and risk scenarios.
- The lowest rate with discounts is $563
- Choosing higher $1,000 deductibles can save $846 annually
- The average rate for a 40-year-old driver who chooses $500 deductibles is $938
- Choosing low $100 deductibles for comp and collision coverage will increase the cost to $1,112
- Drivers with multiple violations and an at-fault accident could pay around $2,020 or more
- The cost for full coverage for a teenage driver can cost $3,708 each year
Car insurance rates for a Mazda MX-5 Miata can also vary considerably based on your driver profile, the trim level and model year, and physical damage deductibles and liability limits.
Older drivers with no driving violations and high deductibles may only pay around $900 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers will be charged in the ballpark of $3,700 a year. View Rates by Age
Where you live plays a big part in determining prices for Mazda MX-5 Miata insurance rates. A good driver about age 40 could pay as low as $680 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,270 on average in New York, Michigan, and Florida.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $848 | -$90 | -9.6% |
| Alaska | $720 | -$218 | -23.2% |
| Arizona | $778 | -$160 | -17.1% |
| Arkansas | $938 | -$0 | 0.0% |
| California | $1,068 | $130 | 13.9% |
| Colorado | $894 | -$44 | -4.7% |
| Connecticut | $962 | $24 | 2.6% |
| Delaware | $1,058 | $120 | 12.8% |
| Florida | $1,170 | $232 | 24.7% |
| Georgia | $866 | -$72 | -7.7% |
| Hawaii | $674 | -$264 | -28.1% |
| Idaho | $634 | -$304 | -32.4% |
| Illinois | $698 | -$240 | -25.6% |
| Indiana | $706 | -$232 | -24.7% |
| Iowa | $632 | -$306 | -32.6% |
| Kansas | $888 | -$50 | -5.3% |
| Kentucky | $1,276 | $338 | 36.0% |
| Louisiana | $1,388 | $450 | 48.0% |
| Maine | $578 | -$360 | -38.4% |
| Maryland | $774 | -$164 | -17.5% |
| Massachusetts | $748 | -$190 | -20.3% |
| Michigan | $1,626 | $688 | 73.3% |
| Minnesota | $784 | -$154 | -16.4% |
| Mississippi | $1,124 | $186 | 19.8% |
| Missouri | $830 | -$108 | -11.5% |
| Montana | $1,006 | $68 | 7.2% |
| Nebraska | $736 | -$202 | -21.5% |
| Nevada | $1,124 | $186 | 19.8% |
| New Hampshire | $676 | -$262 | -27.9% |
| New Jersey | $1,048 | $110 | 11.7% |
| New Mexico | $828 | -$110 | -11.7% |
| New York | $986 | $48 | 5.1% |
| North Carolina | $540 | -$398 | -42.4% |
| North Dakota | $770 | -$168 | -17.9% |
| Ohio | $646 | -$292 | -31.1% |
| Oklahoma | $960 | $22 | 2.3% |
| Oregon | $858 | -$80 | -8.5% |
| Pennsylvania | $894 | -$44 | -4.7% |
| Rhode Island | $1,250 | $312 | 33.3% |
| South Carolina | $850 | -$88 | -9.4% |
| South Dakota | $792 | -$146 | -15.6% |
| Tennessee | $818 | -$120 | -12.8% |
| Texas | $1,128 | $190 | 20.3% |
| Utah | $694 | -$244 | -26.0% |
| Vermont | $640 | -$298 | -31.8% |
| Virginia | $562 | -$376 | -40.1% |
| Washington | $722 | -$216 | -23.0% |
| West Virginia | $858 | -$80 | -8.5% |
| Wisconsin | $646 | -$292 | -31.1% |
| Wyoming | $834 | -$104 | -11.1% |
Choosing high deductibles can save as much as $270 a year, while buying higher liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $362 extra every 12 months. View Rates by Deductible or Liability Limit
If you like to drive fast or tend to cause accidents, you may be forking out anywhere from $1,100 to $1,600 extra per year, depending on your age. A high-risk auto insurance policy ranges around 43% to 131% more than average. View High Risk Driver Rates
With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to get quotes and see how they stack up. Each auto insurer uses a different rate calculation, so rate quotes can be significantly different from one company to the next.
Insurance Rates by Trim Level and Model Year
| Model and Trim | Annual Premium | Monthly Premium |
|---|---|---|
| Mazda MX-5 Miata Sport 2-Dr Convertible | $914 | $76 |
| Mazda MX-5 Miata Touring 2-Dr Convertible | $938 | $78 |
| Mazda MX-5 Miata Grand Touring 2-Dr Convertible | $962 | $80 |
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.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 Mazda MX-5 Miata | $256 | $448 | $338 | $1,178 |
| 2023 Mazda MX-5 Miata | $248 | $436 | $354 | $1,174 |
| 2022 Mazda MX-5 Miata | $240 | $418 | $364 | $1,158 |
| 2021 Mazda MX-5 Miata | $226 | $404 | $376 | $1,142 |
| 2019 Mazda MX-5 Miata | $208 | $352 | $388 | $1,084 |
| 2017 Mazda MX-5 Miata | $188 | $292 | $390 | $1,006 |
| 2015 Mazda MX-5 Miata | $176 | $254 | $402 | $968 |
| 2014 Mazda MX-5 Miata | $164 | $236 | $402 | $938 |
| 2011 Mazda MX-5 Miata | $140 | $178 | $402 | $856 |
Rates are averaged for all Mazda MX-5 Miata models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find the Best Mazda MX-5 Miata Insurance
Saving money on auto insurance takes avoiding accidents and claims, having above-average credit, eliminating unnecessary coverage, and avoiding coverage lapses. Invest time comparing rates at every policy renewal by requesting quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.
The points below are a brief recap of the data covered in the charts and tables above.
- Consumers who purchase increased liability limits will pay about $440 every year to raise limits from a minimum limit to 250/500 limits
- You may be able to save around $110 per year simply by quoting early and online
- Increasing deductibles can save around $275 each year
- Drivers under the age of 20 pay the highest auto insurance rates, with premiums as much as $309 per month if full coverage is included
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $3,708 |
| 20 | $2,146 |
| 30 | $960 |
| 40 | $938 |
| 50 | $860 |
| 60 | $842 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,112 |
| $250 | $1,032 |
| $500 | $938 |
| $1,000 | $846 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $938 |
| 50/100 | $1,042 |
| 100/300 | $1,143 |
| 250/500 | $1,404 |
| 100 CSL | $1,083 |
| 300 CSL | $1,304 |
| 500 CSL | $1,465 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $5,242 |
| 20 | $3,420 |
| 30 | $2,044 |
| 40 | $2,020 |
| 50 | $1,926 |
| 60 | $1,910 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $48 |
| Multi-vehicle | $50 |
| Homeowner | $16 |
| 5-yr Accident Free | $60 |
| 5-yr Claim Free | $59 |
| Paid in Full/EFT | $36 |
| Advance Quote | $42 |
| Online Quote | $64 |
| Total Discounts | $375 |
Discounts are estimated and may not be available from every company or in every state.
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