Mazda MX-5 Miata Insurance Rates

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

Average premium for full coverage: $938

Price estimates by individual coverage:

Includes $500 deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all states and for different MX-5 Miata trim levels.

Price Range from Low to High

Geographic Price Range

Where you live can have significant affects on car insurance rates. Rural areas have fewer accident claims than larger metro areas.

The price range example below illustrates the effect of geographic area on car insurance rates.

The ranges above show why anyone shopping for car insurance 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 shows estimated 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 a year
• The estimated rate for the average middle-age driver with $500 deductibles is $938
• Choosing more expensive low deductibles for physical damage coverage costs an additional $174 every year
• Drivers with multiple violations and an at-fault accident could pay upwards of $2,020 or more
• The price with full coverage for a teen driver with full coverage may cost $3,708 or more

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

An older driver with a good driving record 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 have to pay upwards of $3,700 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you could be paying at a minimum $1,100 to $1,600 in extra premium each year, depending on your age. High-risk driver insurance 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, while increasing your policy's liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $362 extra every year. 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 $620 a year in states like Idaho, Maine, and Iowa, or as much as $1,340 on average in Michigan, Louisiana, and New York.

Since prices can be so different, the only way to know exactly what you will pay is to compare prices and see which company has the best price. Each insurance company uses a different rate calculation, and quoted prices may be quite different between companies.

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 the Cheapest Mazda MX-5 Miata Insurance

Getting lower rates on car insurance requires not taking risks behind the wheel, having above-average credit, eliminating unnecessary coverage, and taking advantage of discounts. Take the time to compare rates every year by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following is a recap of the coverage data covered in the above illustrations.

• Drivers can save as much as $110 per year simply by shopping early and online
• Increasing physical damage deductibles could save up to $275 each year
• Teens are charged the highest prices, with premiums as much as $309 a month if full coverage is included
• Higher risk drivers that have major violations or accidents may be required to pay an average of $1,080 more each year for MX-5 Miata insurance