Mazda RX-8 Insurance Rates

The average auto insurance rates for a Mazda RX-8 are $942 annually including full coverage. Comprehensive insurance costs around $154, collision costs $188, and liability costs around $442. Liability-only coverage costs as low as $496 a year, with high-risk coverage costing $2,020 or more. Teenage drivers cost the most to insure at $3,814 a year or more.

Average premium for full coverage: $942

Policy rates for type of insurance:

Rates are based on $500 deductible amounts, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 U.S. states and for all RX-8 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on the price of insurance. Areas with sparse population are shown to have fewer comprehensive and collision claims than densely populated cities.

The example below illustrates the effect of geographic area on auto insurance rates.

The examples above highlight why everyone should compare prices for a specific zip code and their own personal driving habits, instead of making a decision based on average rates.

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

Additional Rate Information

The chart below breaks down estimated Mazda RX-8 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $578
• Using higher $1,000 deductibles will save about $78 every year
• The estimated rate for a good driver age 40 using $500 deductibles is $942
• Using pricier low deductibles for physical damage coverage costs an additional $148 annually
• High-risk insureds who are prone to accidents and violations could pay at least $2,020 or more
• Policy cost with full coverage for a 16-year-old driver for full coverage can be $3,814 or more

View Chart as Image

Insurance rates for a Mazda RX-8 also range considerably based on the model year and trim level, your driving characteristics, and deductibles and policy limits.

A more mature driver with no violations or accidents and high physical damage deductibles may pay as low as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay as much as $3,800 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 at least $1,100 to $1,600 additional every year, depending on your age. Mazda RX-8 insurance for high-risk drivers can be from 42% to 130% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $230 annually, whereas buying more liability protection will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $398 more each year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Mazda RX-8 insurance prices. A driver around age 40 might see rates as low as $730 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,350 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out your exact price is to regularly compare rates from multiple companies. Each insurance company uses a different method to calculate rates, and rates will be varied between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2006 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 Best Cheap Mazda RX-8 Insurance

Finding cheaper rates on insurance for a Mazda RX-8 requires having a good driving record, having good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Take the time to compare rates every year by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The next list is a quick review of the coverage data covered in the above illustrations.

• You may be able to save up to $100 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save up to $225 each year
• Drivers age 20 and younger are charged the highest rates, with premiums being up to $318 each month if they have full coverage
• Drivers considered higher risk with a DUI or reckless driving violation may pay on average $1,080 more every year to buy Mazda RX-8 insurance