Mazda RX-8 Insurance Rates

The average auto insurance rates for a Mazda RX-8 are $942 annually for full coverage insurance. Comprehensive insurance costs an estimated $154 a year, collision costs $188, and liability costs $442. A liability-only policy costs as little as $496 a year, with high-risk insurance costing $2,020 or more. Teens cost the most to insure at $3,814 a year or more.

Average premium for full coverage: $942

Policy rates broken down by type of insurance:

Full coverage includes $500 policy deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and RX-8 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on the price of insurance. More rural locations are shown to have fewer physical damage claims than cities with more traffic congestion.

The diagram below illustrates the effect of geographic area on insurance prices.

The examples above illustrate why it is important to compare rates for a targeted area and their own personal driving habits, instead of using averaged prices.

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

Additional Rate Information

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

• The cheapest rate after discounts is $578
• Drivers who choose higher $1,000 deductibles will pay approximately $864 each year
• The estimated rate for a good driver age 40 who has $500 deductibles is $942
• Selecting low $100 deductibles for comprehensive and collision insurance costs an additional $148 every year
• Higher-risk drivers with serious driving violations could pay up to $2,020 or more
• Policy cost with full coverage for a teen driver can cost as much as $3,814 a year

View Chart as Image

Car insurance rates for a Mazda RX-8 also range considerably based on the model year and trim level, your risk profile, and liability limits and deductibles.

Older drivers with no driving violations and high physical damage deductibles may pay as little as $900 per year on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged at least $3,800 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying $1,100 to $1,600 extra every year, depending on your age. A high-risk auto insurance policy can cost as much as 42% to 130% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles could save up to $230 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $398 extra every 12 months. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Mazda RX-8 insurance prices. A 40-year-old driver could pay as low as $620 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,280 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to get quotes and see which company has the best rate. Every company calculates rates differently, so rate quotes will be varied 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 More Affordable Mazda RX-8 Insurance

Finding cheaper rates on car insurance not only requires being a good driver, but also having a good credit score, being claim-free, and not having any coverage lapses. Take the time to compare rates at least once a year by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following list is a summary of the primary concepts that were covered in the above illustrations.

• It is possible to save approximately $100 per year simply by quoting early and online
• Higher risk drivers who have multiple accidents or major violations may pay on average $1,080 more annually than a safer driver
• Increasing comprehensive and collision deductibles could save up to $225 each year
• Drivers age 16 to 20 have the highest car insurance rates, possibly costing $318 each month if comprehensive and collision insurance is included