Mazda RX-8 Insurance Rates

The average insurance rates for a Mazda RX-8 are $942 a year for full coverage. Comprehensive insurance costs on average $154, collision costs $188, and liability 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 by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance rates. Rural areas are shown to have a lower frequency of accident claims than cities with more traffic congestion.

The price range example below illustrates the effect of geographic area on car insurance rates.

The examples above show why anyone shopping for car insurance should compare prices based on a specific location and risk profile, instead of making a decision based on averaged prices.

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

Rates by State, City, and Model

The chart below shows estimated Mazda RX-8 insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $578
• Using higher $1,000 deductibles will save around $78 a year
• The average rate for a good driver age 40 with $500 deductibles is $942
• Selecting more expensive low deductibles for physical damage coverage will cost an extra $148 annually
• High-risk insureds with serious driving violations could pay upwards of $2,020 or more
• Policy cost for full coverage for a 16-year-old driver with full coverage may cost $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 policy deductibles and limits.

An older driver with a clean driving record and high deductibles may pay as low 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 upwards of $3,800 a year. View Rates by Age

Your home state has a huge impact on Mazda RX-8 insurance prices. 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 annually, while increasing your policy's liability limits will cost you more. 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 a minimum $1,100 to $1,600 extra every year, depending on your age. High-risk driver insurance can be 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 exactly what you will pay is to compare rates from multiple companies. 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 Cheaper Mazda RX-8 Insurance

Finding cheaper rates on insurance for a Mazda RX-8 requires having a good driving record, maintaining good credit, avoid buying unnecessary coverage, and bundling your home and auto policies. Take the time to compare rates every year by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from your local insurance agents.

The next list is a condensed summary of the coverage data covered in the above illustrations.

• Drivers can save as much as $100 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save around $225 each year
• Drivers age 20 and younger pay the highest rates, costing up to $318 each month for full coverage
• Drivers considered higher risk with multiple at-fault accidents will pay on average $1,080 more each year to buy Mazda RX-8 insurance