Mazda MX-5 Miata Insurance Rates

Estimated insurance rates for a Mazda MX-5 Miata are $968 a year with full coverage. Comprehensive costs an estimated $176 a year, collision insurance costs $254, and liability is $402. Liability-only insurance costs around $446 a year, and high-risk driver insurance costs around $2,086. Teen drivers pay the most at up to $3,798 a year.

Average premium for full coverage: $968

Premium estimates broken down by type of coverage:

Prices include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates include averaging for all U.S. states and MX-5 Miata trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. More rural locations are statistically proven to have lower incidents of collision claims than larger metro areas. The diagram below illustrates how rural and urban location affects insurance prices.

These rate differences demonstrate why it is important to compare rates quotes for a targeted area, instead of making a decision based on price averages.

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

More Rate Information

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

• The lowest rate with discounts is $578
• Raising to $1,000 deductibles will save approximately $870 annually
• The estimated price for a 40-year-old good driver who has $500 deductibles is $968
• Choosing low $100 deductibles bumps up the cost to $1,156
• Drivers with multiple violations and an at-fault accident could pay up to $2,086
• An auto insurance policy that insures a 16-year-old driver can cost as much as $3,798

Insurance prices for a Mazda MX-5 Miata also have a wide range based on the trim level of your MX-5 Miata, your age and driving habits, and liability limits and deductibles.

If you have a few violations or you caused an accident, you may be forking out $1,100 to $1,600 additional annually, depending on your age. A high-risk auto insurance policy is expensive and can cost from 42% to 126% more than average. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $900 every 12 months on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay at least $3,700 a year. View Rates by Age

Where you choose to live also has a big influence on Mazda MX-5 Miata insurance prices. A middle-age driver might find prices as low as $700 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,310 on average in New York, Michigan, and Florida.

Choosing high deductibles can reduce prices by up to $290 annually, while buying higher liability limits will increase premiums. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $362 more each year. View Rates by Deductible or Liability Limit

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 the Right Mazda MX-5 Miata Insurance

Finding better rates on insurance for a Mazda MX-5 Miata consists of being a safe and courteous driver, having a good credit score, being claim-free, and possibly raising deductibles. Shop around every other policy renewal by requesting rates from direct companies, and also from insurance agencies where you live.

Below is a quick rundown of the ideas that were raised in the charts and tables above.

• Teenage drivers are expensive to insure, possibly costing $317 per month if comprehensive and collision insurance is included
• Drivers considered higher risk with reckless driving or DUI convictions could be forced to pay on average $1,120 more annually for auto insurance
• Increasing policy deductibles can save approximately $275 each year
• You may be able to save approximately $110 per year just by quoting early and online