Mazda RX-8 Insurance Rates

The average insurance rates for a Mazda RX-8 are $942 a year for full coverage insurance. Comprehensive costs an estimated $154, collision costs $188, and liability is estimated at $442. Liability-only coverage costs approximately $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 broken down by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than densely populated cities.

The price range example below illustrates how geographic area affects insurance prices.

The examples above illustrate why anyone shopping for car insurance should get quotes for a targeted area, instead of using average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $578
• Choosing higher $1,000 deductibles can save approximately $78 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $942
• Using more expensive low deductibles for comp and collision coverage bumps up the cost to $1,090
• Unlucky drivers who are prone to accidents and violations could pay up to $2,020 or more
• Policy cost that insures a teen driver with full coverage can cost as much as $3,814 each year

View Chart as Image

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

If you have a few points on your driving record or you caused an accident, you are probably paying $1,100 to $1,600 additional every 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

An older driver with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay at least $3,800 a year. View Rates by Age

Your home state 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

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

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to compare rates and see which company has the best rate. Each auto insurer 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 Find Cheaper Mazda RX-8 Insurance

Finding cheaper rates on car insurance takes having a decent driving record, having a good credit score, being claim-free, and maximizing policy discounts. Compare prices every year by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The following items are a condensed summary of the coverage data presented in the illustrations above.

• It is possible to save approximately $100 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $225 each year
• 16 to 18-year-old drivers are expensive to insure, possibly costing $318 each month if comprehensive and collision insurance is included
• Higher risk drivers with multiple at-fault accidents may have to pay on average $1,080 more annually than a driver with a clean driving record