Mazda RX-8 Insurance Rates

The average insurance rates for a Mazda RX-8 are $942 a year for full coverage. Comprehensive insurance costs around $154 a year, collision costs $188, and liability insurance costs around $442. Buying just liability costs as low as $496 a year, with insurance for high-risk drivers 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 for type of insurance:

These estimates include $500 policy deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all states and RX-8 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on auto insurance rates. Areas with sparse population are shown to have a lower frequency of accident claims than cities with more traffic congestion.

The diagram below illustrates how where you live affects auto insurance rates.

The examples above show why it is important to compare prices for a specific zip code and risk profile, rather than relying on averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $578
• Using higher $1,000 deductibles will save about $864 a year
• The average rate for a good driver age 40 using $500 deductibles is $942
• Selecting low $100 deductibles for physical damage coverage will cost an extra $148 a year
• Drivers with serious driving violations could pay at least $2,020 or more
• Policy cost for full coverage for a teen driver can be $3,814 or more

View Chart as Image

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

Older drivers with a clean driving record and high deductibles could pay as little as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers can expect to pay as much as $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 $620 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,350 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $230 each year, while buying higher liability limits will increase rates. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $398 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at least $1,100 to $1,600 extra every year, depending on your age. A high-risk auto insurance policy can be anywhere from 42% to 130% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know your exact price is to get quotes from as many companies as possible. Each insurance company calculates rates differently, so the 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 Cheap Mazda RX-8 Insurance

Finding cheaper rates on Mazda RX-8 insurance requires avoiding accidents and claims, maintaining good credit, avoid buying unnecessary coverage, and insuring your home and auto with the same company. Take the time to comparison shop every couple of years by getting rate quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The points below are a brief summary of the material that was touched on in the above illustrations.

• Drivers who may need increased liability limits will pay approximately $490 each year to increase from a 30/60 limit to 250/500 limits
• Drivers under the age of 20 pay higher rates, costing up to $318 each month for full coverage
• High-risk drivers that tend to have accidents or serious violations may be required to pay an average of $1,080 more every year to insure a Mazda RX-8
• Increasing comprehensive and collision deductibles can save around $225 each year