Mazda RX-8 Insurance Rates

The average insurance prices for a Mazda RX-8 are $942 every 12 months with full coverage. Comprehensive costs approximately $154, collision costs $188, and liability coverage is $442. Liability-only coverage costs around $496 a year, with high-risk coverage costing around $2,020. Teenage drivers cost the most to insure at $3,814 a year or more.

Average premium for full coverage: $942

Policy rates by type of insurance:

Prices are based on $500 physical damage insurance deductibles, liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all U.S. states and for all RX-8 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of insurance. Rural locations are shown to have more infrequent collision claims than densely populated cities.

The example below illustrates how location impacts auto insurance prices.

The examples above demonstrate why everyone should compare rates quotes using their specific location and their own driving history, rather than using average rates.

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

Additional Rate Analysis

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

• The best discount rate is $578
• Raising to $1,000 deductibles will save $78 annually
• The average price for a good driver age 40 who chooses $500 deductibles is $942
• Using pricier low deductibles increases the price to $1,090
• Unlucky drivers who are prone to accidents and violations could pay around $2,020 or more
• Policy cost to insure a teenage driver for full coverage can cost $3,814

View Chart as Image

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

Using high physical damage deductibles can reduce rates by up to $230 a year, whereas buying more liability protection will push rates upward. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $398 more each year. View Rates by Deductible or Liability Limit

A more mature driver with no violations or accidents and higher deductibles may only pay around $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared 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 may be forking out anywhere from $1,100 to $1,600 additional every year, depending on your age. Mazda RX-8 insurance for high-risk drivers is expensive and can cost around 42% to 130% more than a normal policy. View High Risk Driver Rates

Your home state also has a big influence on Mazda RX-8 insurance rates. A middle-age driver might find rates as low as $680 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,280 on average in New York, Michigan, and Florida.

View Chart as Image

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to regularly compare rates and see how they stack up. Every auto insurance company uses a different method to calculate rates, and 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 auto insurance consists of being a low-risk driver, having above-average credit, not filing small claims, and qualifying for all possible discounts. Spend time shopping around once a year by getting rate quotes from direct companies, and also from insurance agencies where you live.

The items below are a brief review of the data that was touched on above.

• You may be able to save around $100 per year simply by quoting online well ahead of the renewal date
• Consumers who purchase more liability coverage will pay an extra $490 every year to raise from a 30/60 limit to a 250/500 level
• Teen drivers are the costliest to insure, as much as $318 each month if full coverage is included
• Drivers with DUI or reckless driving convictions could be forced to pay on average $1,080 more per year to insure their RX-8