Mazda MX-5 Miata Insurance Rates

Average auto insurance rates for a Mazda MX-5 Miata are $968 annually including full coverage. Comprehensive insurance costs on average $176, collision costs $254, and liability costs around $402. A liability-only policy costs as low as $446 a year, with high-risk insurance costing $2,086 or more. Teenage drivers receive the highest rates at $3,798 a year or more.

Average premium for full coverage: $968

Rate estimates by individual coverage type:

Includes $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 U.S. states and for different MX-5 Miata trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on car insurance rates. Rural areas tend to have fewer comprehensive and collision claims than densely populated cities.

The price range example below illustrates how where you live affects car insurance rates.

These examples highlight why anyone shopping for car insurance should compare prices based on a specific location and their own personal driving habits, 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 breaks down estimated Mazda MX-5 Miata insurance rates for different risk profiles and scenarios.

• The best discount rate is $578
• Using higher $1,000 deductibles will save around $98 every year
• The estimated rate for a 40-year-old driver with $500 deductibles is $968
• Using more expensive low deductibles for physical damage coverage costs an additional $188 every year
• Drivers who are prone to accidents and violations could pay upwards of $2,086 or more
• The cost with full coverage for a teen driver with full coverage may cost $3,798 or more

Insurance rates for a Mazda MX-5 Miata can also vary considerably based on the trim level of your MX-5 Miata, your driving characteristics, and policy deductibles and limits.

An older driver with a clean driving record and high physical damage deductibles may pay as little as $900 a year for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they can expect to pay upwards of $3,700 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are likely paying at a minimum $1,100 to $1,600 extra per year, depending on your age. High-risk driver insurance can be as much as 42% to 126% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $290 every year, while increasing your policy's liability limits will cost you more. Changing 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 has a huge impact on Mazda MX-5 Miata insurance prices. A driver around age 40 might see rates as low as $740 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,380 on average in Michigan, New York, and Louisiana.

With so much variability in rates, the best way to figure out exactly what you will pay is to compare rates and see which company has the best rate. Each insurance company uses a different method to calculate rates, 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 the Cheapest Mazda MX-5 Miata Insurance

Saving money on car insurance requires being a low-risk driver, having a good credit history, not filing small claims, and bundling your home and auto policies. Take the time to comparison shop at every other renewal by quoting rates from direct car insurance companies like Progressive and GEICO, and also from several local insurance agents.

The items below are a recap of the concepts that were touched on in the above illustrations.

• Higher risk drivers that have major violations or accidents pay on average $1,120 more each year to insure their MX-5 Miata
• Teen drivers pay the highest rates, as much as $317 per month including comprehensive and collision insurance
• You may be able to save as much as $110 per year simply by shopping early and online
• Increasing deductibles could save up to $275 each year
• You may be able to save as much as $110 per year simply by shopping early and online