Mazda MX-5 Miata Insurance Rates

U.S. average insurance prices for a Mazda MX-5 Miata are $938 every 12 months with full coverage. Comprehensive costs on average $164 each year, collision insurance costs $236, and liability is estimated at $402. Buying just liability costs approximately $446 a year, and insurance for high-risk drivers costs around $2,020. Teens pay the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Price estimates by individual coverage:

Rates are based on $500 physical damage deductibles, 30/60 split liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all U.S. states and MX-5 Miata models.

Price Range from Low to High

Geographic Price Range

Living in a larger city can make a big difference on auto insurance rates. Rural areas have more infrequent collision claims than cities with more traffic congestion. The graphic below illustrates how where you live affects car insurance rates.

The ranges above demonstrate why all drivers should get quotes based on a specific location and their own driving history, instead of making a decision based on averaged prices.

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

Additional Rate Information

The chart below details average Mazda MX-5 Miata insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $563
• Choosing higher $1,000 deductibles can save around $92 annually
• The average price for the average middle-age driver with $500 deductibles is $938
• Selecting low deductibles for comp and collision coverage increases the price to $1,112
• Higher-risk drivers with serious driving violations could pay upwards of $2,020
• The price to insure a 16-year-old driver may cost $3,708 each year

Insurance prices for a Mazda MX-5 Miata are also quite variable based on deductibles and policy limits, your driving record, and the trim level of your MX-5 Miata.

Choosing higher comprehensive and collision insurance deductibles can save as much as $270 annually, whereas increasing liability limits will cost you more. Moving from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $362 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may pay as low as $900 annually on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers should be prepared to pay upwards of $3,700 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you may be forking out at a minimum $1,100 to $1,600 additional each year, depending on your age. Insurance for high-risk drivers ranges from 43% to 131% more than the average policy. View High Risk Driver Rates

The state you live in plays a big part in determining prices for Mazda MX-5 Miata insurance prices. A good driver about age 40 could pay as low as $680 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,270 on average in Florida, Michigan, and New York.

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 Shop for the Best Cheap Mazda MX-5 Miata Insurance

Getting lower rates on insurance for a Mazda MX-5 Miata takes being a safe and courteous driver, having above-average credit, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Take the time to comparison shop at least every other year by quoting rates from direct companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below is a quick review of the car insurance concepts touched on in the above illustrations.

• Drivers considered higher risk with a DUI or reckless driving violation may pay on average $1,080 more each year for auto insurance
• You may be able to save as much as $110 per year just by quoting online in advance
• Increasing physical damage deductibles could save as much as $275 each year
• Insureds who require higher levels of liability will pay approximately $440 every year to raise limits from a low limit to a 250/500 level