Mazda RX-8 Insurance Rates

The average insurance prices for a Mazda RX-8 are $942 every 12 months for full coverage. Comprehensive insurance costs an estimated $154, collision costs $188, and liability costs around $442. Buying just liability costs as low as $496 a year, with insurance for high-risk drivers 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 broken down by type of insurance:

Full coverage includes $500 deductibles, bodily injury liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all states and for all RX-8 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on insurance rates. More rural locations are shown to have more infrequent accident claims than densely populated cities.

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

The examples above show why everyone should compare prices for a targeted area and their own driving history, instead of making a decision based on average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $578
• Using higher $1,000 deductibles will save approximately $78 a year
• The average price for a good driver age 40 who has $500 deductibles is $942
• Using pricier low deductibles for physical damage coverage costs an extra $148 annually
• High-risk insureds who are prone to accidents and violations could pay up to $2,020 or more
• Policy cost to insure a 16-year-old driver for full coverage can cost as much as $3,814 or more

View Chart as Image

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

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

A more mature driver with a clean driving record and higher deductibles may pay as low as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay at least $3,800 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying $1,100 to $1,600 extra 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

Your home state has a huge impact on Mazda RX-8 insurance prices. A driver around age 40 might see rates as low as $620 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,350 on average in New York, Louisiana, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to know which auto insurance is cheapest is to regularly compare rates from multiple companies. Each insurance company uses a different method to calculate rates, so the rates will be varied.

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 Shop for More Affordable Mazda RX-8 Insurance

Finding cheaper rates on insurance for a Mazda RX-8 requires not taking risks behind the wheel, having good credit, avoid buying unnecessary coverage, and taking advantage of discounts. Take the time to compare rates every other policy renewal by obtaining price quotes from direct carriers, and also from several local insurance agents.

The following is a summary of the ideas that were covered in the above illustrations.

• Teens are charged the highest rates, costing up to $318 each month if they have full coverage
• Drivers considered higher risk who have multiple accidents or major violations pay on average $1,080 more annually for RX-8 insurance
• Increasing comprehensive and collision deductibles could save as much as $225 each year
• Drivers can save approximately $100 per year simply by quoting online well ahead of the renewal date