Mazda RX-8 Insurance Rates

Average auto insurance rates for a Mazda RX-8 are $942 annually for full coverage insurance. Comprehensive insurance costs approximately $154, collision costs $188, and liability is estimated at $442. A policy with just liability insurance costs approximately $496 a year, with coverage for high-risk drivers costing $2,020 or more. Teenage drivers receive the highest rates at $3,814 a year or more.

Average premium for full coverage: $942

Rate estimates by individual coverage type:

Rates are based on $500 comprehensive and collision deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all 50 states and for different RX-8 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on the price of auto insurance. Rural locations tend to have fewer physical damage claims than densely populated cities.

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

These examples illustrate why anyone shopping for car insurance should get quotes using their specific location and their own personal driving habits, instead of using average rates.

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

More Rate Information

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

• The best discount rate is $578
• Choosing higher $1,000 deductibles can save $78 each year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $942
• Using more expensive low deductibles for comp and collision coverage costs an additional $148 every year
• Unlucky drivers who are prone to accidents and violations could pay around $2,020 or more
• The cost with full coverage for a teen driver with full coverage can cost $3,814 each year

View Chart as Image

Insurance rates for a Mazda RX-8 can also vary considerably based on the trim level of your RX-8, your risk profile, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high physical damage deductibles may pay as little as $900 annually on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $3,800 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying anywhere from $1,100 to $1,600 additional per year, depending on your age. High-risk driver insurance ranges as much as 42% to 130% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $230 every year, while increasing your policy's liability limits will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $398 more each year. View Rates by Deductible or Liability Limit

Where you live plays a big part in determining prices for Mazda RX-8 insurance prices. A good driver about age 40 could pay as low as $620 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,280 on average in Florida, New York, and Michigan.

View Chart as Image

With so much variability in rates, 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. Each auto insurer uses a different method to calculate rates, and rates can be significantly different between companies.

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 Buy the Best Cheap Mazda RX-8 Insurance

Saving money on car insurance takes avoiding accidents and violations, having good credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Make time to compare rates every couple of years by requesting quotes from direct insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

The list below is a quick review of the material that was touched on in this article.

• Policyholders who purchase higher liability limits will pay an extra $490 annually to raise limits from a minimum limit to higher 250/500 limits
• Teenagers are the costliest to insure, costing up to $318 per month if they have full coverage
• Higher risk drivers with a DUI or reckless driving violation could be forced to pay on average $1,080 more per year for car insurance
• Increasing deductibles could save up to $225 each year