Mazda RX-8 Insurance Rates

The average insurance prices for a Mazda RX-8 are $962 every 12 months for full coverage insurance. Comprehensive insurance costs approximately $160, collision costs $198, and liability is $446. Buying just liability costs around $500 a year, with insurance for high-risk drivers costing $2,066 or more. Teenage drivers cost the most to insure at $3,882 a year or more.

Average premium for full coverage: $962

Policy rates by type of insurance:

Prices are based on $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and for different RX-8 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than densely populated cities.

The price range example below illustrates the difference location can make on auto insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare rates quotes using their specific location and their own driving history, instead of using average rates.

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

Rate Comparisons

The chart below illustrates estimated Mazda RX-8 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $590
• Raising to $1,000 deductibles will save $82 each year
• The average price for a good driver age 40 who chooses $500 deductibles is $962
• Using more expensive low deductibles costs an extra $156 every year
• At-risk drivers who are prone to accidents and violations could pay around $2,066 or more
• Policy cost to insure a teen driver with full coverage can cost $3,882

View Chart as Image

Insurance rates for a Mazda RX-8 also range considerably based on liability limits and deductibles, your risk profile, and the model of your RX-8.

Using high physical damage deductibles can reduce rates by up to $240 every year, while increasing your policy's liability limits will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $402 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay in the ballpark of $3,800 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying anywhere from $1,100 to $1,600 extra every year, depending on your age. High-risk driver insurance is expensive and can cost as much as 41% to 127% more than a normal policy. View High Risk Driver Rates

Your home state also has a big influence on Mazda RX-8 insurance prices. A middle-age driver might find rates as low as $630 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,300 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to compare rates and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, so the rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2006 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 Affordable Mazda RX-8 Insurance

Finding cheaper rates on car insurance consists of having a decent driving record, having good credit, being claim-free, and maximizing policy discounts. Make time to compare rates at every policy renewal by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The following items are a brief review of the data touched on in this article.

• Policyholders who purchase additional liability coverage will pay an extra $490 annually to raise from a 30/60 limit to a 250/500 level
• It is possible to save around $110 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save as much as $250 each year
• 16 to 18-year-old drivers are expensive to insure, possibly costing $324 each month if they have full coverage