Mazda MX-5 Miata Insurance Rates

U.S. average auto insurance rates for a Mazda MX-5 Miata are $938 annually including full coverage. Comprehensive costs on average $164 each year, collision insurance costs $236, and liability costs around $402. Liability-only insurance costs as low as $446 a year, and high-risk driver insurance costs around $2,020. Teen drivers pay the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Price estimates by individual coverage:

Price estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and MX-5 Miata models.

Price Range from Low to High

Geographic Price Range

Where you live can have significant affects on car insurance rates. Rural areas have fewer comprehensive and collision claims than larger metro areas. The graphic below illustrates how where you live affects car insurance rates.

The ranges above highlight why all drivers should compare prices based on a specific location and their own personal driving habits, instead of using price averages.

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

Additional Charts and Tables

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

• The lowest rate with discounts is $563
• Using higher $1,000 deductibles will save around $92 every year
• The estimated rate for the average middle-age driver with $500 deductibles is $938
• Choosing low deductibles for physical damage coverage will cost $1,112
• Drivers with multiple violations and an at-fault accident could pay upwards of $2,020
• The price with full coverage for a teen driver may cost $3,708 or more

Car insurance prices for a Mazda MX-5 Miata are also quite variable based on the trim level and model year, your driving characteristics, and policy deductibles and limits.

More mature drivers with no driving violations and high physical damage deductibles may pay as little as $900 a year for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they will be charged upwards of $3,700 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are likely paying at a minimum $1,100 to $1,600 extra each year, depending on your age. Insurance for high-risk drivers can be as much as 43% to 131% more than average. View High Risk Driver Rates

Choosing high deductibles could cut prices by as much as $270 every year, whereas increasing liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $362 extra every 12 months. View Rates by Deductible or Liability Limit

The state you live in has a huge impact on Mazda MX-5 Miata insurance prices. A driver around age 40 might see prices as low as $720 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,340 on average in Michigan, New York, and Louisiana.

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 Buy Cheaper Mazda MX-5 Miata Insurance

Getting lower rates on car insurance requires avoiding accidents and violations, having a good credit score, being claim-free, and possibly raising deductibles. Take the time to comparison shop every year by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The list below is a condensed summary of the coverage data touched on in the above illustrations.

• You may be able to save as much as $110 per year just by quoting online in advance
• Increasing physical damage deductibles could save up to $275 each year
• Teenagers are expensive to insure, possibly costing $309 a month if comprehensive and collision insurance is included
• Higher risk drivers with multiple at-fault accidents pay on average $1,080 more each year for car insurance