Mazda RX-8 Insurance Rates

The average insurance rates for a Mazda RX-8 are $994 a year with full coverage. Comprehensive insurance costs approximately $176 each year, collision costs $208, and liability insurance is $452. Liability-only coverage costs around $504 a year, with high-risk coverage costing $2,124 or more. Teenage drivers cost the most to insure at $3,964 a year or more.

Average premium for full coverage: $994

Policy rates by type of insurance:

Prices are based on $500 physical damage deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and RX-8 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on the price of insurance. Rural locations are shown to have lower incidents of collision claims than densely populated cities.

The graphic below illustrates how where you live affects auto insurance prices.

The examples above demonstrate why all drivers should compare rates quotes using their specific location, rather than relying on average rates.

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

Rates by State, City, and Model

The chart below details estimated Mazda RX-8 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $609
• Raising to $1,000 deductibles will save $88 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $994
• Using low deductibles will cost an additional $164 a year
• Higher-risk drivers who are prone to accidents and violations could pay around $2,124 or more
• Policy cost that insures a teen driver can cost $3,964

View Chart as Image

Insurance rates for a Mazda RX-8 also range considerably based on the trim level and model year, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $1,200 to $1,700 additional every year, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 43% to 135% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay in the ballpark of $3,900 a year. View Rates by Age

Your home state also has a big influence on Mazda RX-8 insurance rates. A middle-age driver might find rates as low as $720 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,340 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $260 each year, whereas increasing liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to do a rate comparison from as many companies as possible. Every auto insurance company uses a different method to calculate rates, and 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 Find Affordable Mazda RX-8 Insurance

Finding cheaper rates on Mazda RX-8 insurance consists of being a safe and courteous driver, having a good credit score, not filing small claims, and qualifying for all possible discounts. Compare prices every year by obtaining price quotes from direct companies, and also from local insurance agencies.

Below is a brief review of the coverage data touched on in the above illustrations.

• You may be able to save around $110 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $250 each year
• Teenage drivers are the costliest to insure, as much as $330 each month if comprehensive and collision insurance is included
• High-risk drivers with DUI or reckless driving convictions may have to pay on average $1,130 more per year for auto insurance