Mazda MX-5 Miata Insurance Rates

The average auto insurance rates for a Mazda MX-5 Miata are $938 annually including full coverage. Comprehensive insurance costs an estimated $164, collision insurance costs $236, and liability insurance costs $402. A liability-only policy costs as little as $446 a year, and high-risk insurance costs $2,020 or more. Teen drivers cost the most to insure at up to $3,708 a year.

Average premium for full coverage: $938

Policy rates broken down by type of insurance:

These estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for different MX-5 Miata trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on the price of auto insurance. More rural locations are shown to have fewer comprehensive and collision claims than larger metro areas. The price range example below illustrates how location impacts insurance prices.

The examples above highlight why anyone shopping for car insurance should compare rates for a targeted area and their own personal driving habits, rather than relying on price averages.

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

More Rate Details

The chart below breaks down average Mazda MX-5 Miata insurance rates for other coverage scenarios.

• The lowest rate with discounts is $563
• Drivers who choose higher $1,000 deductibles will pay approximately $92 every year
• The estimated rate for a good driver age 40 who has $500 deductibles is $938
• Choosing more expensive low deductibles for comprehensive and collision insurance costs an additional $174 a year
• High risk drivers with multiple violations and an at-fault accident could pay up to $2,020
• Policy cost with full coverage for a teen driver with full coverage can cost as much as $3,708 a year

Car insurance rates for a Mazda MX-5 Miata also range considerably based on the model year and trim level, your driving characteristics, and liability limits and deductibles.

An older driver with no driving violations and high physical damage deductibles could pay as little as $900 per year on average, or $75 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they will be charged at least $3,700 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying $1,100 to $1,600 extra every year, depending on your age. High-risk driver insurance can cost anywhere from 43% to 131% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $270 each year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $362 extra every 12 months. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Mazda MX-5 Miata insurance rates. A 40-year-old driver could pay as low as $720 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,340 on average in Louisiana, New York, 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 Buy Cheap Mazda MX-5 Miata Insurance

Finding cheaper rates on Mazda MX-5 Miata insurance not only requires being a safe and courteous driver, but also having a good credit score, paying for small claims out-of-pocket, and possibly higher deductibles. Spend time shopping around at least every other year by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

Below is a brief summary of the car insurance concepts touched on above.

• High-risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,080 more annually for auto insurance
• You may be able to save approximately $110 per year just by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $275 each year
• Drivers who want higher levels of liability will pay about $440 per year to go from a 30/60 limit to higher 250/500 limits