Mazda RX-8 Insurance Rates

Estimated insurance rates for a Mazda RX-8 are $942 a year for full coverage. Comprehensive costs around $154 a year, collision insurance costs $188, and liability coverage costs $442. Liability-only insurance costs as little as $496 a year, and high-risk driver insurance costs around $2,020. Teenage drivers pay the most at up to $3,814 a year.

Average premium for full coverage: $942

Premium estimates for type of coverage:

These estimates include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and RX-8 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on auto insurance rates. Areas with sparse population are statistically proven to have a lower frequency of accident claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on auto insurance rates.

These rate differences show why it is important to compare rates for a specific zip code and risk profile, rather than using average rates.

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

Additional Rate Analysis

The chart below shows average Mazda RX-8 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $578
• Drivers who choose higher $1,000 deductibles will pay about $864 a year
• The average rate for a 40-year-old good driver using $500 deductibles is $942
• Using low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,090
• High-risk insureds who are prone to accidents and violations could pay at least $2,020
• An auto insurance policy for full coverage for a teenage driver can be $3,814 a year

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Insurance prices for a Mazda RX-8 also have a wide range based on your driving characteristics, the trim level of your RX-8, and deductibles and policy limits.

Older drivers with no violations or accidents and high deductibles may only pay around $900 per year on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers should be prepared to pay as much as $3,800 a year. View Rates by Age

Where you choose to live makes a big difference in Mazda RX-8 insurance rates. A 40-year-old driver could pay as low as $620 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,350 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles could save up to $230 a year, while buying higher liability limits will increase prices. Going from a 50/100 limit to a 250/500 limit will cost up to $398 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying at least $1,100 to $1,600 additional annually, depending on your age. A high-risk auto insurance policy can cost around 42% to 130% more than a normal policy. View High Risk Driver Rates

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 Cheap Mazda RX-8 Insurance

Finding better rates on auto insurance not only requires being a low-risk driver, but also having a good credit history, not filing small claims, and deciding if full coverage is necessary. Set aside time to compare rates every time your policy renews by quoting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local insurance agents.

The items below are a brief summary of the information covered above.

• Drivers can save up to $100 per year just by quoting early and online
• Teen drivers are charged the highest prices, as much as $318 per month including comprehensive and collision insurance
• Increasing policy deductibles can save around $225 each year
• Drivers that tend to have accidents or serious violations may be required to pay an average of $1,080 more every year to insure their RX-8
• Consumers who may need more liability coverage will pay an extra $490 each year to go from 30/60 bodily injury limits to 250/500 limits