Mazda MX-5 Miata Insurance Rates

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

Average premium for full coverage: $938

Price estimates for individual coverage:

These estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and MX-5 Miata trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a significant impact on insurance rates. Areas with sparse population have lower incidents of collision claims than densely populated cities. The diagram below illustrates the effect of geographic area on auto insurance rates.

The ranges above demonstrate why it is important to compare rates quotes for a specific zip code, rather than relying on average rates.

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

Additional Charts and Tables

The chart below details average Mazda MX-5 Miata insurance rates for additional coverage choices and driver risks.

• The best discount rate is $563
• Raising to $1,000 deductibles will save about $846 annually
• The estimated price for the average middle-age driver using $500 deductibles is $938
• Using low $100 deductibles will cost an additional $174 a year
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,020
• The price that insures a teen driver can be $3,708

Auto insurance prices for a Mazda MX-5 Miata are also quite variable based on the trim level of your MX-5 Miata, your age and driving habits, and deductibles and policy limits.

If you have some driving violations or you caused an accident, you may be forking out at least $1,100 to $1,600 in extra premium each year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 43% to 131% more than a normal policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $900 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will have to pay as much as $3,700 a year. View Rates by Age

The state you live in also has a big influence on Mazda MX-5 Miata insurance rates. A middle-age driver might find prices as low as $680 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,270 on average in Florida, Michigan, and New York.

Using high physical damage deductibles can reduce prices by up to $270 each year, while buying higher liability limits will increase prices. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $362 extra every year. View Rates by Deductible or Liability Limit

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 Cheap Mazda MX-5 Miata Insurance

Getting lower rates on Mazda MX-5 Miata insurance consists of avoiding accidents and violations, maintaining a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Compare prices at every policy renewal by requesting rates from direct companies, and also from your local independent and exclusive agents.

The list below is a brief summary of the data covered in the above illustrations.

• Drivers who may need higher liability limits will pay an extra $440 every year to raise from a low limit to the 250/500 level
• You may be able to save up to $110 per year just by quoting early and online
• Increasing physical damage deductibles can save approximately $275 each year
• Teenagers are expensive to insure, costing up to $309 a month if the policy includes full coverage