Mazda MX-5 Miata Insurance Rates

Estimated insurance prices for a Mazda MX-5 Miata are $968 every 12 months for full coverage. Comprehensive costs on average $176 a year, collision costs $254, and liability is estimated at $402. A policy with only liability insurance costs approximately $446 a year, with a high-risk policy costing around $2,086. Teen drivers pay the most at $3,798 a year or more.

Average premium for full coverage: $968

Premium estimates by type of coverage:

Rates are based on $500 deductibles, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Rates include averaging for all states and MX-5 Miata trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on car insurance rates. Rural areas are statistically proven to have more infrequent accident claims than larger metro areas.

The diagram below illustrates how your location can change car insurance rates.

These rate differences show why it is important to get quotes 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.

More Rate Details

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

• The lowest rate with discounts is $578
• Choosing higher $1,000 deductibles can save around $870 a year
• The average price for a 40-year-old good driver with $500 deductibles is $968
• Choosing low $100 deductibles for comp and collision coverage increases the price to $1,156
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,086 or more
• An auto insurance policy to insure a teen driver may cost $3,798 each year

Car insurance prices for a Mazda MX-5 Miata also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the trim level of your MX-5 Miata.

Choosing high deductibles can save as much as $290 every year, while buying higher liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost up to $362 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers will be charged upwards of $3,700 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying at a minimum $1,100 to $1,600 extra annually, depending on your age. A high-risk auto insurance policy ranges as much as 42% to 126% more than average. View High Risk Driver Rates

Where you choose to live 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 $640 a year in states like Idaho, Maine, and Iowa, or as much as $1,380 on average in Michigan, Louisiana, and New York.

With such a large range in prices, the only way to know exactly what you will pay is to get quotes and see which company has the best price. Each auto insurer uses a different rate calculation, so rate quotes will be substantially different.

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

Finding better rates on car insurance takes not taking risks behind the wheel, maintaining a good credit score, not filing small claims, and maximizing policy discounts. Invest the time to shop around every time your policy renews by requesting rates from direct carriers, and also from local independent and exclusive agents.

The following is a quick review of the information illustrated above.

• Drivers can save as much as $110 per year simply by quoting early and online
• Teens are expensive to insure, as much as $317 per month if the policy includes full coverage
• Increasing policy deductibles could save as much as $275 each year
• Higher risk drivers with a DUI or reckless driving violation pay an average of $1,120 more each year for MX-5 Miata insurance
• Policyholders who require higher liability limits will pay about $440 each year to raise limits from 30/60 bodily injury limits to a 250/500 level