Mazda MX-5 Miata Insurance Rates

Average insurance prices for a Mazda MX-5 Miata are $938 every 12 months with full coverage. Comprehensive costs approximately $164 a year, collision insurance costs $236, and liability insurance costs $402. Buying just liability costs as little as $446 a year, and insurance for high-risk drivers costs around $2,020. Teenage drivers receive the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Rate estimates by individual coverage type:

Estimates include $500 policy deductibles, 30/60 liability limits, and includes uninsured motorist and medical coverage. Rates are averaged for all U.S. states and MX-5 Miata trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on the price of insurance. Rural locations tend to have more infrequent collision claims than densely populated cities. The diagram below illustrates how geographic area affects auto insurance prices.

These examples demonstrate why it is important to compare rates using their specific location and their own driving history, rather than relying on average rates.

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 additional coverage and risk scenarios.

• The best discount rate is $563
• Drivers who choose higher $1,000 deductibles will pay $846 annually
• The average price for a 40-year-old driver who chooses $500 deductibles is $938
• Using low $100 deductibles for comprehensive and collision insurance increases the price to $1,112
• High risk drivers who are prone to accidents and violations could pay around $2,020
• The cost to insure a teen driver can cost $3,708 a year

Auto insurance rates for a Mazda MX-5 Miata can also vary considerably based on policy deductibles and limits, your driving record, and the model of your MX-5 Miata.

Using high physical damage deductibles could save up to $270 each year, while buying higher liability limits will push rates upward. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $362 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles could pay as little as $900 per year on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers will have to pay in the ballpark of $3,700 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out anywhere from $1,100 to $1,600 in extra premium per year, depending on your age. A high-risk auto insurance policy can cost anywhere from 43% to 131% more than a normal policy. View High Risk Driver Rates

Where you live makes a big difference in Mazda MX-5 Miata insurance rates. A 40-year-old driver could pay as low as $680 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,270 on average in New York, Michigan, 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

Saving money on Mazda MX-5 Miata insurance not only requires being safe and accident-free, but also having a good credit score, eliminating unnecessary coverage, and possibly higher deductibles. Invest the time to compare rates at every policy renewal by obtaining price quotes from direct companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

Below you'll find a review of the data presented in the illustrations above.

• Drivers who purchase more liability protection will pay an extra $440 every year to go from a minimum limit to a 250/500 level
• You may be able to save around $110 per year just by quoting early and online
• Increasing deductibles could save as much as $275 each year
• Youthful drivers have the highest car insurance rates, with premiums as much as $309 per month if comprehensive and collision insurance is included