Mazda MX-5 Miata Insurance Rates

Estimated insurance prices for a Mazda MX-5 Miata are $938 every 12 months including full coverage. Comprehensive insurance costs approximately $164, collision insurance costs $236, and liability insurance costs $402. A policy with only liability insurance costs as little as $446 a year, and a high-risk policy costs $2,020 or more. Teen drivers pay the most at up to $3,708 a year.

Average premium for full coverage: $938

Premium estimates by type of coverage:

These estimates include $500 policy deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all 50 U.S. states and for different MX-5 Miata trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a significant impact on car insurance prices. Rural locations are statistically proven to have more infrequent comprehensive and collision claims than larger metro areas. The price range example below illustrates the difference between rural and urban areas on auto insurance prices.

These rate differences highlight why anyone shopping for car insurance should compare rates using their specific location and their own driving history, rather than relying on price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $563
• Drivers who choose higher $1,000 deductibles will pay $92 every year
• The average price for a 40-year-old good driver who chooses $500 deductibles is $938
• Choosing more expensive low deductibles for comprehensive and collision insurance costs an extra $174 a year
• High risk drivers with multiple violations and an at-fault accident could pay around $2,020
• An auto insurance policy to insure a teen driver with full coverage can cost $3,708 a year

Car insurance prices for a Mazda MX-5 Miata also have a wide range based on physical damage deductibles and liability limits, your driving characteristics, and the model of your MX-5 Miata.

Choosing high deductibles could save up to $270 each year, while increasing your policy's liability limits will push prices upward. Changing 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

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

If you have a few violations or you were responsible for an accident, you are likely paying anywhere from $1,100 to $1,600 extra annually, depending on your age. High-risk driver insurance can cost anywhere from 43% to 131% more than average. View High Risk Driver Rates

Where you choose to live makes a big difference in Mazda MX-5 Miata insurance rates. A 40-year-old driver could pay as low as $720 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,340 on average in Louisiana, New York, and Michigan.

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 Cheap Mazda MX-5 Miata Insurance

Finding better rates on Mazda MX-5 Miata insurance not only requires being a good driver, but also maintaining a good credit score, refrain from filing small claims, and attention to physical damage deductibles. Set aside time to compare rates every couple of years by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

The following list is a brief summary of the material that was covered above.

• Drivers who purchase an increased level of liability coverage will pay about $440 per year to go from 30/60 bodily injury limits to a 250/500 level
• Drivers age 16 to 20 pay the highest auto insurance prices, with the cost nearing $309 per month if the policy includes full coverage
• High-risk drivers that tend to have accidents or serious violations could be charged and average of $1,080 more per year than a safer driver
• Increasing policy deductibles could save as much as $275 each year