Mazda RX-8 Insurance Rates

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

Average premium for full coverage: $962

Policy rates by type of insurance:

Rates are based on $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 states and RX-8 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of auto insurance. Rural locations are shown to have a lower frequency of physical damage claims than cities with more traffic congestion.

The diagram below illustrates how location helps determine auto insurance prices.

The examples above illustrate why it is important to get quotes using their 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.

Additional Rate Details

The chart below illustrates estimated Mazda RX-8 insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $590
• Choosing higher $1,000 deductibles can save $880 each year
• The average rate for a good driver age 40 who chooses $500 deductibles is $962
• Selecting low $100 deductibles for comp and collision coverage will cost an extra $156 annually
• Higher-risk drivers with serious driving violations could pay around $2,066 or more
• Policy cost for full coverage for a 16-year-old driver can cost $3,882 each year

View Chart as Image

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

Older drivers with no violations or accidents and high deductibles may pay as low as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay in the ballpark of $3,800 a year. View Rates by Age

Your home state plays a big part in determining prices for Mazda RX-8 insurance prices. A good driver about age 40 could pay 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 can save as much as $240 annually, while buying higher liability limits will push rates upward. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $402 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 probably paying anywhere from $1,100 to $1,600 additional every year, depending on your age. A high-risk auto insurance policy ranges from 41% to 127% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to get quotes from multiple companies. Each auto insurer calculates rates differently, 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 the Best Cheap Mazda RX-8 Insurance

Finding cheaper rates on insurance for a Mazda RX-8 takes being a low-risk driver, having a good credit history, being claim-free, and qualifying for all possible discounts. Invest time comparing rates every time your policy renews by getting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The items below are a quick review of the information covered in the charts and tables above.

• It is possible to save around $110 per year simply by quoting early and online
• Teen drivers are the costliest to insure, possibly costing $324 each month including comprehensive and collision insurance
• Increasing comprehensive and collision deductibles can save around $250 each year
• Drivers considered higher risk with a DUI or reckless driving violation may pay on average $1,100 more per year to insure their RX-8
• Insureds who purchase more liability coverage will pay approximately $490 annually to raise limits from a 30/60 limit to 250/500 limits