Mazda RX-8 Insurance Rates

The average insurance rates for a Mazda RX-8 are $942 a year including full coverage. Comprehensive costs an estimated $154, collision costs $188, and liability coverage costs around $442. Liability-only coverage costs as low as $496 a year, with high-risk coverage costing around $2,020. 16-year-old 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:

Full coverage includes $500 policy deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all 50 U.S. states and for all RX-8 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on the price of auto insurance. More rural locations are shown to have a lower frequency of comprehensive and collision claims than congested cities.

The example below illustrates how where you live affects insurance prices.

The examples above highlight why everyone should compare prices for a targeted area and risk profile, rather than using rate averages.

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

Rates by State, City, and Model

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

• The best full coverage rate is $578
• Using higher $1,000 deductibles will save approximately $78 every year
• The average rate for a good driver age 40 who has $500 deductibles is $942
• Buying pricier low deductibles for physical damage coverage will increase the cost to $1,090
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,020 or more
• Policy cost for full coverage for a teenage driver for full coverage can cost as much as $3,814 or more

View Chart as Image

Insurance rates for a Mazda RX-8 also range considerably based on your risk profile, the model of your RX-8, and liability limits and deductibles.

A more mature driver with no violations or accidents and high deductibles may only pay around $900 a year, or $75 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay at least $3,800 a year. View Rates by Age

Your home state has a huge impact on Mazda RX-8 insurance rates. A driver around age 40 might see rates as low as $730 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,350 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $230 a year, whereas buying more liability protection will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $398 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying $1,100 to $1,600 additional every year, depending on your age. Mazda RX-8 insurance for high-risk drivers can be around 42% to 130% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to regularly compare rates and see how they stack up. Each insurance company utilizes a different rate formula, and rates will be varied from one company to the next.

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 More Affordable Mazda RX-8 Insurance

Finding cheaper rates on auto insurance requires being safe and accident-free, having a good credit history, paying for small claims out-of-pocket, and maximizing policy discounts. Take the time to comparison shop every time your policy renews by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

Below you'll find a summary of the information touched on in the above illustrations.

• You may be able to save approximately $100 per year simply by quoting online well ahead of the renewal date
• Youthful drivers are expensive to insure, with premiums being up to $318 each month including comprehensive and collision insurance
• Increasing comprehensive and collision deductibles can save around $225 each year
• Drivers who have multiple accidents or major violations may pay on average $1,080 more annually than a low-risk driver
• Consumers who want more liability protection will pay around $490 per year to increase from a 30/60 limit to 250/500 limits