Mazda RX-8 Insurance Rates

Estimated auto insurance rates for a Mazda RX-8 are $962 annually with full coverage. Comprehensive insurance costs an estimated $160 each year, collision costs $198, and liability insurance is $446. A liability-only policy costs around $500 a year, with high-risk insurance costing $2,066 or more. Teen drivers pay the most at $3,882 a year or more.

Average premium for full coverage: $962

Premium estimates broken down by type of coverage:

Full coverage includes $500 policy deductibles, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all U.S. states and RX-8 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on car insurance rates. More rural locations are statistically proven to have fewer collision claims than larger metro areas.

The graphic below illustrates the difference between rural and urban areas on insurance prices.

These rate differences demonstrate why all drivers should compare rates quotes 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.

Additional Rate Analysis

The chart below details estimated Mazda RX-8 insurance rates for other coverage scenarios.

• The lowest rate with discounts is $590
• Raising to $1,000 deductibles will save approximately $82 annually
• The estimated rate for a 40-year-old good driver who has $500 deductibles is $962
• Choosing low deductibles costs an additional $156 a year
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,066 or more
• An auto insurance policy with full coverage for a teen driver can cost as much as $3,882

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Auto insurance prices for a Mazda RX-8 also have a wide range based on the model of your RX-8, your driving record, and liability limits and deductibles.

More mature drivers with a good driving record 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 will have to pay at least $3,800 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you may be forking out $1,100 to $1,600 in extra premium annually, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 41% to 127% more than average. View High Risk Driver Rates

Choosing high deductibles can reduce prices by up to $240 each year, whereas increasing liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost up to $402 extra every year. View Rates by Deductible or Liability Limit

Where you choose to live also has a big influence on Mazda RX-8 insurance rates. A middle-age driver might find prices as low as $690 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,300 on average in New York, Michigan, and Florida.

View Chart as Image

With such a large range in prices, the best way to find out which insurance company is cheapest is to do a rate comparison from as many companies as possible. Every auto insurance company uses a different rate calculation, and quoted prices will be substantially different 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 More Affordable Mazda RX-8 Insurance

Finding better rates on Mazda RX-8 insurance consists of being a good driver, having above-average credit, being claim-free, and qualifying for all possible discounts. Set aside time to compare rates every time your policy renews by obtaining price quotes from direct companies, and also from several local insurance agents.

The following list is a summary of the information covered above.

• You may be able to save approximately $110 per year simply by quoting online in advance
• Drivers age 16 to 20 are the costliest to insure, possibly costing $324 per month if full coverage is included
• Increasing policy deductibles could save up to $250 each year
• High-risk drivers who have multiple accidents or major violations pay on average $1,100 more annually than a safer driver
• Drivers who want an increased level of liability coverage will pay about $490 every year to raise from 30/60 bodily injury limits to higher 250/500 limits