Mazda RX-8 Insurance Rates

The average insurance rates for a Mazda RX-8 are $962 a year for full coverage insurance. Comprehensive costs an estimated $160 each year, collision costs $198, and liability coverage costs around $446. Liability-only insurance costs as low as $500 a year, with high-risk driver insurance costing around $2,066. Teens cost the most to insure at $3,882 a year or more.

Average premium for full coverage: $962

Policy rates broken down by type of insurance:

Full coverage includes $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and RX-8 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than cities with more traffic congestion.

The graphic below illustrates how location impacts insurance prices.

The examples above illustrate why all drivers should compare prices for a targeted area, rather than using averaged prices.

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

Additional Charts and Tables

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

• The cheapest rate after discounts is $590
• Using higher $1,000 deductibles will save approximately $82 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $962
• Selecting low deductibles for physical damage coverage bumps up the cost to $1,118
• Higher-risk drivers with serious driving violations could pay up to $2,066 or more
• Policy cost that insures a teenage driver can cost as much as $3,882 or more

View Chart as Image

Auto insurance rates for a Mazda RX-8 also range considerably based on the trim level and model year, 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 in extra premium every year, depending on your age. Insurance for high-risk drivers can be around 41% to 127% more than the average policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have 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 $630 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,300 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $240 a year, whereas increasing 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 $402 extra every 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 do a rate comparison and see how they stack up. Each insurance company calculates rates differently, and quoted 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 More Affordable Mazda RX-8 Insurance

Finding cheaper rates on auto insurance requires avoiding accidents and claims, maintaining a good credit score, being claim-free, and qualifying for all possible discounts. Compare rates at every other renewal by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The points below are a summary of the concepts that were touched on above.

• Drivers who have multiple accidents or major violations may have to pay on average $1,100 more annually to insure a Mazda RX-8
• Drivers under the age of 20 are the costliest to insure, possibly costing $324 each month if the policy includes full coverage
• It is possible to save approximately $110 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $250 each year
• It is possible to save approximately $110 per year simply by quoting online in advance