Mazda MX-5 Miata Insurance Rates

U.S. average insurance rates for a Mazda MX-5 Miata are $938 a year for full coverage insurance. Comprehensive insurance costs an estimated $164 each year, collision insurance costs $236, and liability is estimated at $402. Liability-only insurance costs approximately $446 a year, and high-risk driver insurance costs $2,020 or more. Teenage drivers pay the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Price estimates broken down by individual coverage:

Prices are based on $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and MX-5 Miata models.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on the price of insurance. More rural locations have a lower frequency of physical damage claims than densely populated cities. The graphic below illustrates how your location can change insurance prices.

The ranges above illustrate why all drivers should get quotes for a targeted area and risk profile, instead of using average rates.

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

Rate Comparisons

The chart below illustrates average Mazda MX-5 Miata insurance rates for other coverage scenarios.

• The best discount rate is $563
• Choosing higher $1,000 deductibles can save approximately $92 each year
• The average rate for the average middle-age driver who has $500 deductibles is $938
• Using low deductibles for comp and collision coverage will cost an extra $174 every year
• Unlucky drivers who are prone to accidents and violations could pay up to $2,020
• The price for full coverage for a teen driver can cost as much as $3,708 each year

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

More mature drivers with no driving violations and high deductibles may pay as little as $900 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will be charged at least $3,700 a year. View Rates by Age

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 $610 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,270 on average in Florida, New York, and Michigan.

Using high physical damage deductibles can save as much as $270 every year, whereas increasing liability limits will increase premiums. Switching from a 50/100 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

If you have some driving violations or tend to cause accidents, you are probably paying $1,100 to $1,600 extra each year, depending on your age. Insurance for high-risk drivers ranges as much as 43% to 131% more than a normal policy. View High Risk Driver Rates

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 Find Affordable Mazda MX-5 Miata Insurance

Getting lower rates on car insurance takes avoiding accidents and violations, having above-average credit, not filing small claims, and possibly higher deductibles. Invest the time to shop around at least once a year by requesting quotes from direct insurance companies like Progressive and GEICO, and also from several local insurance agents.

The list below is a brief review of the primary concepts that were illustrated above.

• It is possible to save approximately $110 per year just by quoting online in advance
• Higher risk drivers with DUI or reckless driving convictions pay on average $1,080 more annually for car insurance
• Increasing physical damage deductibles can save around $275 each year
• Teenagers have the highest car insurance prices, as much as $309 a month if full coverage is included