Mazda RX-8 Insurance Rates

The average insurance rates for a Mazda RX-8 are $962 a year for full coverage. Comprehensive costs an estimated $160 each year, collision costs $198, and liability coverage costs $446. Buying just liability costs as little as $500 a year, with insurance for high-risk drivers costing around $2,066. Teenage drivers cost the most to insure at $3,882 a year or more.

Average premium for full coverage: $962

Policy rates broken down by type of insurance:

Rate estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all states and RX-8 models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on insurance rates. More rural locations are shown to have lower incidents of accident claims than densely populated cities.

The graphic below illustrates how rural and urban location affects insurance prices.

The examples above show why all drivers should compare rates for a targeted area, rather than using average rates.

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

Additional Rate Details

The chart below shows estimated Mazda RX-8 insurance rates for other coverage scenarios.

• The best discount rate is $590
• Drivers who choose higher $1,000 deductibles will pay approximately $82 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $962
• Using low deductibles for comprehensive and collision insurance bumps up the cost to $1,118
• High-risk insureds who are prone to accidents and violations could pay up to $2,066 or more
• Policy cost that insures a teenage driver can cost as much as $3,882 a year

View Chart as Image

Insurance rates for a Mazda RX-8 also range considerably based on the trim level and model year, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,100 to $1,600 extra every year, depending on your age. Insurance for high-risk drivers can cost around 41% to 127% 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 at least $3,800 a year. View Rates by Age

Your home state makes a big difference in Mazda RX-8 insurance rates. A 40-year-old driver could pay as low as $640 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,380 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $240 a year, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $402 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know which auto insurance is cheapest is to do a rate comparison and see how they stack up. Every 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 Find the Best Mazda RX-8 Insurance

Finding cheaper rates on auto insurance not only requires being a safe and courteous driver, but also having above-average credit, avoid buying unnecessary coverage, and taking advantage of discounts. Compare prices every time your policy renews by requesting rates from direct carriers, and also from your local independent and exclusive agents.

Below is a brief recap of the information raised in the charts and tables above.

• Drivers can save approximately $110 per year simply by quoting online in advance
• Teenage drivers are charged the highest rates, costing up to $324 each month if full coverage is included
• Increasing comprehensive and collision deductibles can save approximately $250 each year
• Drivers who tend to receive serious violations may pay on average $1,100 more annually for auto insurance
• Consumers who want higher levels of liability will pay an extra $490 each year to go from a 30/60 limit to the 250/500 level