Mazda MX-5 Miata Insurance Rates
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Michelle Robbins
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UPDATED: May 9, 2024
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Estimated auto insurance rates for a Mazda MX-5 Miata are $938 annually including full coverage. Comprehensive costs an estimated $164, collision insurance costs $236, and liability insurance is $402. Liability-only insurance costs around $446 a year, and high-risk driver insurance costs around $2,020. 16-year-old drivers pay the most at up to $3,708 a year.
Average premium for full coverage: $938
Premium estimates broken down by type of coverage:
Prices are based on $500 physical damage deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Rates include averaging for all 50 U.S. states and for all MX-5 Miata models.
Insurance Price Range by Risk and Coverage
For the average 40-year-old driver, insurance rates for a Mazda MX-5 Miata range from as cheap as $446 for the bare minimum liability coverage to the much higher price of $2,020 for high-risk insurance.
Insurance Price Range by Location
Choosing to live in a large city has a significant impact on the price of auto insurance. More rural locations are statistically proven to have fewer comprehensive and collision claims than congested cities. The example below illustrates the difference location can make on insurance prices.
These rate differences highlight why everyone should compare rates quotes for a targeted area and their own personal driving habits, rather than relying on rate 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.
Additional Rate Information
The chart below breaks down average Mazda MX-5 Miata insurance rates for other coverage scenarios.
- The best full coverage rate is $563
- Raising to $1,000 deductibles will save approximately $92 every year
- The estimated rate for a 40-year-old good driver who has $500 deductibles is $938
- Buying pricier low deductibles will cost $1,112
- Higher-risk drivers with multiple tickets or accidents could pay up to $2,020
- An auto insurance policy with full coverage for a teen driver for full coverage can cost as much as $3,708
Insurance prices for a Mazda MX-5 Miata also have a wide range based on the model of your MX-5 Miata, your driving characteristics, and liability limits and deductibles.
A more mature driver with no violations or accidents and high physical damage deductibles could pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, where even without any violations or accidents they should be prepared to pay at least $3,700 a year. View Rates by Age
If you have a few violations or you caused a few accidents, you are likely paying $1,100 to $1,600 additional annually, depending on your age. Mazda MX-5 Miata insurance for high-risk drivers is expensive and can cost anywhere from 43% to 131% more than the average rate. View High Risk Driver Rates
Opting for high physical damage deductibles can reduce prices by up to $270 each year, whereas buying more liability protection will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost up to $362 more each year. View Rates by Deductible or Liability Limit
Where you choose to live also has a big influence on Mazda MX-5 Miata insurance rates. A middle-age driver might find prices as low as $720 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,340 on average in Louisiana, New York, and Michigan.
| 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% |
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 Buy Affordable Mazda MX-5 Miata Insurance
Finding better rates on Mazda MX-5 Miata insurance consists of being a safe and courteous driver, having good credit, refrain from filing small claims, and possibly raising deductibles. Make time to compare rates every couple of years by requesting quotes from direct car insurance companies, and also from insurance agencies where you live.
Below is a brief review of the material that was touched on in this article.
- Drivers who want higher levels of liability will pay around $440 per year to raise from 30/60 bodily injury limits to higher 250/500 limits
- Teenage drivers are expensive to insure, with the cost nearing $309 per month if they have full coverage
- High-risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,080 more annually for auto insurance
- Increasing policy deductibles could save up to $275 each year
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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