Mazda MX-5 Miata Insurance Rates

U.S. average insurance prices for a Mazda MX-5 Miata are $938 every 12 months including full coverage. Comprehensive costs approximately $164, collision costs $236, and liability insurance costs around $402. A policy with just liability insurance costs as low as $446 a year, with coverage for high-risk drivers costing around $2,020. Teens pay the highest rates at $3,708 a year or more.

Average premium for full coverage: $938

Price estimates by individual coverage:

Prices include $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes both medical and uninsured motorist insurance. Estimates are averaged for all 50 U.S. states and for different MX-5 Miata trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a significant impact on car insurance prices. Rural locations have more infrequent comprehensive and collision claims than cities with more traffic congestion.

The price range example below illustrates how location helps determine auto insurance prices.

The ranges above highlight why anyone shopping for car insurance should compare prices using their specific location and their own driving history, rather than relying on averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $563
• Using higher $1,000 deductibles will save $92 every year
• The average price for the average middle-age driver who chooses $500 deductibles is $938
• Selecting more expensive low deductibles for physical damage coverage increases the price to $1,112
• Drivers with serious driving violations could pay around $2,020 or more
• The price to insure a teen driver with full coverage can cost $3,708 or more

Insurance prices for a Mazda MX-5 Miata are also quite variable based on deductibles and policy limits, your driving characteristics, and the model of your MX-5 Miata.

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $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 increase prices by as much as $362 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles could pay as little as $900 a year for full coverage. Prices are much higher for teenage drivers, since even excellent drivers can expect to pay in the ballpark of $3,700 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are likely paying anywhere from $1,100 to $1,600 extra each year, depending on your age. High-risk driver insurance can be anywhere from 43% to 131% more than the average policy. View High Risk Driver Rates

The state you live in has a huge impact on Mazda MX-5 Miata insurance rates. A driver around age 40 might see prices as low as $720 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,340 on average in Louisiana, New York, and Michigan.

Since prices can be so different, the best way to figure out who has the best auto insurance prices is to compare prices from as many companies as possible. Each insurance company calculates prices differently, so the prices may be quite 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 Right Mazda MX-5 Miata Insurance

Getting lower rates on Mazda MX-5 Miata insurance requires being a safe and courteous driver, having good credit, being claim-free, and maximizing policy discounts. Invest time comparing rates at every other renewal by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

Below is a quick rundown of the concepts that were covered in the charts and tables above.

• High-risk drivers with reckless driving or DUI convictions could be charged and average of $1,080 more per year for auto insurance
• Teenage drivers are expensive to insure, possibly costing $309 a month if they have full coverage
• You may be able to save around $110 per year simply by shopping early and online
• Increasing physical damage deductibles could save as much as $275 each year
• You may be able to save around $110 per year simply by shopping early and online