Mazda MX-5 Miata Insurance Rates

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UPDATED: May 9, 2024

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The average insurance rates for a Mazda MX-5 Miata are $968 a year with full coverage. Comprehensive costs around $176 each year, collision insurance costs $254, and liability coverage costs $402. Buying just liability costs as little as $446 a year, and insurance for high-risk drivers costs around $2,086. Teenage drivers cost the most to insure at up to $3,798 a year.

Average premium for full coverage: $968

Policy rates for type of insurance:

Comprehensive $176
Collision $254
Liability $402

Price estimates include $500 deductible amounts, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and MX-5 Miata models.

Price Range Variability

For the average driver, Mazda MX-5 Miata insurance rates range from the low end price of $446 for minimum levels of liability insurance to a high rate of $2,086 for a high-risk insurance policy.

Liability Only $446
Full Coverage $968
High Risk $2,086

Urban vs. Rural Price Range

Your location has a large influence on insurance rates. Areas with sparse population are shown to have lower incidents of collision claims than densely populated cities. The graphic below illustrates how location impacts auto insurance rates.

Rural Areas $726
Small Cities $1,016
Large Cities $1,307

The examples above demonstrate why all drivers should compare rates for a specific zip code, rather than using average rates.

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

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Additional Rate Details

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

  • The best discount rate is $578
  • Drivers who choose higher $1,000 deductibles will pay about $98 annually
  • The estimated price for a good driver age 40 using $500 deductibles is $968
  • Using low deductibles for comprehensive and collision insurance bumps up the cost to $1,156
  • High-risk insureds who are prone to accidents and violations could pay at least $2,086
  • Policy cost that insures a teenage driver can be $3,798 a year

Insurance rates for a Mazda MX-5 Miata also range considerably based on the trim level and model year, your age and driving habits, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at least $1,100 to $1,600 extra every year, depending on your age. Insurance for high-risk drivers can cost around 42% to 126% more than a normal policy. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $900 per year on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay as much as $3,700 a year. View Rates by Age

Your home state makes a big difference in Mazda MX-5 Miata insurance rates. A 40-year-old driver could pay as low as $700 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,310 on average in Florida, Michigan, and New York.

Mazda MX-5 Miata Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $876 -$92 -9.5%
Alaska $744 -$224 -23.1%
Arizona $804 -$164 -16.9%
Arkansas $968 -$0 0.0%
California $1,102 $134 13.8%
Colorado $924 -$44 -4.5%
Connecticut $994 $26 2.7%
Delaware $1,094 $126 13.0%
Florida $1,208 $240 24.8%
Georgia $896 -$72 -7.4%
Hawaii $694 -$274 -28.3%
Idaho $656 -$312 -32.2%
Illinois $722 -$246 -25.4%
Indiana $730 -$238 -24.6%
Iowa $652 -$316 -32.6%
Kansas $920 -$48 -5.0%
Kentucky $1,320 $352 36.4%
Louisiana $1,434 $466 48.1%
Maine $598 -$370 -38.2%
Maryland $800 -$168 -17.4%
Massachusetts $772 -$196 -20.2%
Michigan $1,680 $712 73.6%
Minnesota $812 -$156 -16.1%
Mississippi $1,160 $192 19.8%
Missouri $858 -$110 -11.4%
Montana $1,040 $72 7.4%
Nebraska $760 -$208 -21.5%
Nevada $1,162 $194 20.0%
New Hampshire $698 -$270 -27.9%
New Jersey $1,082 $114 11.8%
New Mexico $856 -$112 -11.6%
New York $1,020 $52 5.4%
North Carolina $558 -$410 -42.4%
North Dakota $794 -$174 -18.0%
Ohio $668 -$300 -31.0%
Oklahoma $992 $24 2.5%
Oregon $888 -$80 -8.3%
Pennsylvania $922 -$46 -4.8%
Rhode Island $1,290 $322 33.3%
South Carolina $878 -$90 -9.3%
South Dakota $816 -$152 -15.7%
Tennessee $846 -$122 -12.6%
Texas $1,166 $198 20.5%
Utah $716 -$252 -26.0%
Vermont $660 -$308 -31.8%
Virginia $580 -$388 -40.1%
Washington $746 -$222 -22.9%
West Virginia $888 -$80 -8.3%
Wisconsin $668 -$300 -31.0%
Wyoming $860 -$108 -11.2%

Using high physical damage deductibles could save up to $290 a year, whereas increasing liability limits will increase rates. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 more per year. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Mazda MX-5 Miata Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Mazda MX-5 Miata Sport 2-Dr Convertible $944 $79
Mazda MX-5 Miata Touring 2-Dr Convertible $968 $81
Mazda MX-5 Miata Grand Touring 2-Dr Convertible $994 $83

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.

Mazda MX-5 Miata Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Mazda MX-5 Miata $268 $452 $332 $1,188
2023 Mazda MX-5 Miata $256 $448 $338 $1,178
2022 Mazda MX-5 Miata $248 $436 $354 $1,174
2021 Mazda MX-5 Miata $240 $418 $364 $1,158
2019 Mazda MX-5 Miata $218 $374 $384 $1,112
2015 Mazda MX-5 Miata $180 $272 $394 $982
2014 Mazda MX-5 Miata $176 $254 $402 $968
2011 Mazda MX-5 Miata $148 $196 $402 $882

Rates are averaged for all Mazda MX-5 Miata models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Find Cheaper Mazda MX-5 Miata Insurance

Finding cheaper rates on auto insurance not only requires having a good driving record, but also having above-average credit, not filing small claims, and dropping full coverage on older vehicles. Compare prices at least every other year by quoting rates from direct companies, and also from your local independent and exclusive agents.

The next list is a condensed summary of the car insurance concepts touched on above.

  • Drivers with multiple at-fault accidents may pay on average $1,120 more every year to buy Mazda MX-5 Miata insurance
  • You may be able to save up to $110 per year just by quoting online in advance
  • Increasing comprehensive and collision deductibles can save approximately $275 each year
  • Consumers who may need increased levels of liability coverage will pay an extra $440 every year to go from a 30/60 limit to the 250/500 level

Rates by Driver Age

Mazda MX-5 Miata Insurance Rates by Driver Age
Driver Age Premium
16 $3,798
20 $2,214
30 $992
40 $968
50 $888
60 $872

Full coverage, $500 deductibles

Rates by Deductible

Mazda MX-5 Miata Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,156
$250 $1,070
$500 $968
$1,000 $870

Full coverage, driver age 40

Rates by Liability Limit

Mazda MX-5 Miata Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $968
50/100 $1,074
100/300 $1,175
250/500 $1,436
100 CSL $1,115
300 CSL $1,336
500 CSL $1,497

Full coverage, driver age 40

Rates for High Risk Drivers

Mazda MX-5 Miata Insurance Rates for High Risk Drivers
Age Premium
16 $5,376
20 $3,526
30 $2,112
40 $2,086
50 $1,990
60 $1,972

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $131

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $50
Multi-vehicle $52
Homeowner $16
5-yr Accident Free $62
5-yr Claim Free $61
Paid in Full/EFT $38
Advance Quote $44
Online Quote $67
Total Discounts $390
Rate after discounts $578

Discounts are estimated and may not be available from every company or in every state.

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