Mazda RX-8 Insurance Rates

The average auto insurance rates for a Mazda RX-8 are $942 annually including full coverage. Comprehensive insurance costs an estimated $154 each year, collision costs $188, and liability costs $442. Buying just liability costs as little as $496 a year, with insurance for high-risk drivers costing $2,020 or more. 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:

Rates are based on $500 policy deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all 50 U.S. states and RX-8 models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of auto insurance. More rural locations are shown to have fewer comprehensive and collision claims than congested cities.

The graphic below illustrates the difference between rural and urban areas on insurance prices.

The examples above highlight why all drivers should compare rates for a targeted area and their own personal driving habits, instead of making a decision based on 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
• Drivers who choose higher $1,000 deductibles will pay approximately $78 every year
• The estimated rate for a good driver age 40 who has $500 deductibles is $942
• Buying low deductibles for comprehensive and collision insurance costs an additional $148 annually
• Drivers with multiple tickets or accidents could pay up to $2,020 or more
• Policy cost with full coverage for a 16-year-old driver can cost as much as $3,814 a year

View Chart as Image

Insurance rates for a Mazda RX-8 also range considerably based on the model year and trim level, your driving characteristics, and liability limits and deductibles.

More mature drivers with a clean driving record and high physical damage deductibles may pay as low as $900 per year on average, or $75 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay at least $3,800 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying $1,100 to $1,600 extra every year, depending on your age. Insurance for high-risk drivers can cost from 42% to 130% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $230 annually, whereas increasing liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $398 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Mazda RX-8 insurance prices. A 40-year-old driver could pay 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

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to do a rate comparison from multiple companies. Every company utilizes a different rate formula, so the rates will be varied between companies.

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 Buy the Best Cheap Mazda RX-8 Insurance

Finding cheaper rates on insurance for a Mazda RX-8 not only requires being safe and accident-free, but also having a good credit history, paying for small claims out-of-pocket, and taking advantage of discounts. Set aside time to compare rates at least every other year by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

Below you'll find a quick review of the car insurance concepts covered above.

• Drivers considered higher risk with a DUI or reckless driving violation could be forced to pay on average $1,080 more annually than a low-risk driver
• You may be able to save approximately $100 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save up to $225 each year
• Insureds who want more liability protection will pay around $490 per year to go from a 30/60 limit to higher 250/500 limits