Mazda MX-5 Miata Insurance Rates

U.S. average insurance prices for a Mazda MX-5 Miata are $968 every 12 months for full coverage insurance. Comprehensive insurance costs on average $176 a year, collision insurance costs $254, and liability costs $402. A policy with just liability insurance costs as little as $446 a year, and coverage for high-risk drivers costs $2,086 or more. Teen drivers pay the highest rates at up to $3,798 a year.

Average premium for full coverage: $968

Price estimates by individual coverage:

Estimates include $500 deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 states and MX-5 Miata trim levels.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on insurance rates. Rural areas have more infrequent physical damage claims than larger metro areas. The diagram below illustrates the difference between rural and urban areas on car insurance rates.

The ranges above illustrate why it is important to compare rates based on a specific location and their own driving history, instead of using price averages.

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

Additional Charts and Tables

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

• The lowest rate with discounts is $578
• Drivers who choose higher $1,000 deductibles will pay around $870 each year
• The average price for the average middle-age driver with $500 deductibles is $968
• Choosing low $100 deductibles for comprehensive and collision insurance costs an extra $188 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,086
• The price to insure a teen driver may cost $3,798 a year

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

Choosing high deductibles could save up to $290 every year, while buying higher liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $362 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as little as $900 per year on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers can expect 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 are probably paying at a minimum $1,100 to $1,600 extra each year, depending on your age. A high-risk auto insurance policy can cost as much as 42% to 126% more than average. View High Risk Driver Rates

The state you live in makes a big difference in Mazda MX-5 Miata insurance prices. A 40-year-old driver could pay as low as $630 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,310 on average in Michigan, New York, and Florida.

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 Low Cost Mazda MX-5 Miata Insurance

Getting lower rates on car insurance not only requires not taking risks behind the wheel, but also having good credit, not filing small claims, and determing if full coverage is necessary. Set aside time to compare rates at least once a year by getting price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following is a review of the primary concepts that were covered above.

• It is possible to save as much as $110 per year just by quoting early and online
• Higher risk drivers who have several accidents or serious violations pay on average $1,120 more each year for MX-5 Miata insurance
• Increasing physical damage deductibles could save as much as $275 each year
• Teens pay the highest prices, as much as $317 a month if they have full coverage