Mazda MX-5 Miata Insurance Rates

U.S. average insurance rates for a Mazda MX-5 Miata are $938 a year including full coverage. Comprehensive insurance costs around $164, collision insurance costs $236, and liability coverage costs $402. Buying just liability costs as little as $446 a year, and insurance for high-risk drivers costs $2,020 or more. Teens pay the highest rates at up to $3,708 a year.

Average premium for full coverage: $938

Price estimates for individual coverage:

Rates are based on $500 comprehensive and collision deductibles, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and for all MX-5 Miata models.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on the price of insurance. Areas with sparse population have lower incidents of comprehensive and collision claims than cities with more traffic congestion. The example below illustrates the difference location can make on auto insurance rates.

The ranges above highlight why everyone should compare rates for a specific zip code, rather than using averaged prices.

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

Additional Charts and Tables

The chart below breaks down average Mazda MX-5 Miata insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $563
• Drivers who choose higher $1,000 deductibles will pay about $92 every year
• The estimated price for the average middle-age driver using $500 deductibles is $938
• Selecting pricier low deductibles for comprehensive and collision insurance will cost an additional $174 each year
• High-risk insureds with serious driving violations could pay at least $2,020
• The price that insures a teenage driver for full coverage can be $3,708 a year

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

If you have some driving violations or you caused an accident, you are likely paying at least $1,100 to $1,600 additional each year, depending on your age. Mazda MX-5 Miata insurance for high-risk drivers can cost around 43% to 131% more than the average policy. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may only pay around $900 per year on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay as much as $3,700 a year. View Rates by Age

The state you live in 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 Missouri, New Hampshire, and Vermont, or have to pay at least $1,340 on average in Michigan, New York, and Louisiana.

Choosing higher comprehensive and collision insurance deductibles could save up to $270 a year, whereas buying more liability protection will increase prices. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $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 Best Cheap Mazda MX-5 Miata Insurance

Getting lower rates on auto insurance not only requires having a decent driving record, but also having a good credit score, being claim-free, and deciding if full coverage is necessary. Compare rates every couple of years by obtaining price quotes from direct car insurance companies, and also from local insurance agencies.

The following items are a quick review of the material that was touched on in this article.

• Consumers who may need additional liability coverage will pay approximately $440 per year to go from a low limit to the 250/500 level
• 16 to 18-year-old drivers are charged the highest prices, possibly costing $309 a month if comprehensive and collision insurance is included
• Drivers with a DUI or reckless driving violation may have to pay on average $1,080 more every year than a driver with a clean driving record
• Increasing physical damage deductibles can save approximately $275 each year