Mazda MX-5 Miata Insurance Rates
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UPDATED: May 9, 2024
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U.S. average auto insurance rates for a Mazda MX-5 Miata are $982 annually for full coverage insurance. Comprehensive costs on average $180 a year, collision costs $272, and liability insurance is $394. Buying just liability costs around $440 a year, with insurance for high-risk drivers costing around $2,118. Teenage drivers pay the highest rates at $3,842 a year or more.
Average premium for full coverage: $982
Price estimates by individual coverage:
Estimates include $500 policy deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and MX-5 Miata trim levels.
Price Range from Low to High
For an average driver, Mazda MX-5 Miata insurance prices go from as cheap as $440 for basic liability insurance to a high of $2,118 for a driver required to buy high-risk insurance.
Geographic Price Range
Choosing to live in a large city has a significant impact on insurance rates. Rural areas have fewer physical damage claims than densely populated cities.
The diagram below illustrates the effect of geographic area on car insurance rates.
The ranges above illustrate why it is important to compare rates quotes based on a specific location and their own personal driving habits, rather than relying on average rates.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Rate Comparisons
The chart below illustrates estimated Mazda MX-5 Miata insurance rates for different risk profiles and scenarios.
- The best discount rate is $585
- Raising to $1,000 deductibles will save around $880 each year
- The estimated rate for the average middle-age driver with $500 deductibles is $982
- Using low $100 deductibles will cost $1,182
- Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,118 or more
- The price with full coverage for a teen driver may cost $3,842
Insurance prices for a Mazda MX-5 Miata are also quite variable based on the trim level and model year, your risk profile, and policy deductibles and limits.
Older drivers with no violations or accidents and high physical damage deductibles could pay as little as $900 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they should be prepared to pay upwards of $3,800 a year. View Rates by Age
If you have some driving violations or you caused a few accidents, you are probably paying at a minimum $1,200 to $1,600 additional each year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 42% to 136% more than a normal policy. View High Risk Driver Rates
Using high physical damage deductibles can reduce prices by up to $310 each year, while buying higher liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $354 more each year. View Rates by Deductible or Liability Limit
The state you live in also has a big influence on Mazda MX-5 Miata insurance rates. A middle-age driver might find prices as low as $640 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,330 on average in Michigan, New York, and Florida.
State | Premium | Compared to U.S. Avg | Percent Difference |
---|---|---|---|
Alabama | $888 | -$94 | -9.6% |
Alaska | $754 | -$228 | -23.2% |
Arizona | $816 | -$166 | -16.9% |
Arkansas | $982 | -$0 | 0.0% |
California | $1,122 | $140 | 14.3% |
Colorado | $936 | -$46 | -4.7% |
Connecticut | $1,010 | $28 | 2.9% |
Delaware | $1,110 | $128 | 13.0% |
Florida | $1,230 | $248 | 25.3% |
Georgia | $908 | -$74 | -7.5% |
Hawaii | $708 | -$274 | -27.9% |
Idaho | $666 | -$316 | -32.2% |
Illinois | $732 | -$250 | -25.5% |
Indiana | $742 | -$240 | -24.4% |
Iowa | $662 | -$320 | -32.6% |
Kansas | $934 | -$48 | -4.9% |
Kentucky | $1,340 | $358 | 36.5% |
Louisiana | $1,456 | $474 | 48.3% |
Maine | $608 | -$374 | -38.1% |
Maryland | $812 | -$170 | -17.3% |
Massachusetts | $784 | -$198 | -20.2% |
Michigan | $1,708 | $726 | 73.9% |
Minnesota | $824 | -$158 | -16.1% |
Mississippi | $1,176 | $194 | 19.8% |
Missouri | $872 | -$110 | -11.2% |
Montana | $1,056 | $74 | 7.5% |
Nebraska | $772 | -$210 | -21.4% |
Nevada | $1,180 | $198 | 20.2% |
New Hampshire | $708 | -$274 | -27.9% |
New Jersey | $1,098 | $116 | 11.8% |
New Mexico | $870 | -$112 | -11.4% |
New York | $1,036 | $54 | 5.5% |
North Carolina | $568 | -$414 | -42.2% |
North Dakota | $808 | -$174 | -17.7% |
Ohio | $676 | -$306 | -31.2% |
Oklahoma | $1,008 | $26 | 2.6% |
Oregon | $902 | -$80 | -8.1% |
Pennsylvania | $936 | -$46 | -4.7% |
Rhode Island | $1,310 | $328 | 33.4% |
South Carolina | $894 | -$88 | -9.0% |
South Dakota | $830 | -$152 | -15.5% |
Tennessee | $860 | -$122 | -12.4% |
Texas | $1,186 | $204 | 20.8% |
Utah | $728 | -$254 | -25.9% |
Vermont | $672 | -$310 | -31.6% |
Virginia | $588 | -$394 | -40.1% |
Washington | $758 | -$224 | -22.8% |
West Virginia | $902 | -$80 | -8.1% |
Wisconsin | $678 | -$304 | -31.0% |
Wyoming | $874 | -$108 | -11.0% |
Since prices can be so different, the only way to figure out exactly what you will pay is to get quotes from as many companies as possible. Every auto insurance company uses a different method to calculate prices, and prices may be quite different between companies.
Insurance Rates by Trim Level and Model Year
Model and Trim | Annual Premium | Monthly Premium |
---|---|---|
Mazda MX-5 Miata Sport 2-Dr Convertible | $956 | $80 |
Mazda MX-5 Miata Touring 2-Dr Convertible | $982 | $82 |
Mazda MX-5 Miata Grand Touring 2-Dr Convertible | $1,012 | $84 |
Rates assume 2014 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.
Model Year | Comprehensive | Collision | Liability | Total Premium |
---|---|---|---|---|
2024 Mazda MX-5 Miata | $280 | $470 | $316 | $1,202 |
2023 Mazda MX-5 Miata | $268 | $452 | $332 | $1,188 |
2022 Mazda MX-5 Miata | $256 | $448 | $338 | $1,178 |
2021 Mazda MX-5 Miata | $248 | $436 | $354 | $1,174 |
2019 Mazda MX-5 Miata | $226 | $404 | $376 | $1,142 |
2017 Mazda MX-5 Miata | $208 | $352 | $388 | $1,084 |
2015 Mazda MX-5 Miata | $188 | $292 | $390 | $1,006 |
2014 Mazda MX-5 Miata | $180 | $272 | $394 | $982 |
2011 Mazda MX-5 Miata | $158 | $214 | $406 | $914 |
Rates are averaged for all Mazda MX-5 Miata models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Buy Low Cost Mazda MX-5 Miata Insurance
Getting lower rates on Mazda MX-5 Miata insurance consists of being safe and accident-free, having good credit, not filing small claims, and insuring your home and auto with the same company. Take the time to compare rates at every policy renewal by getting rate quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.
Below you'll find a review of the data covered in the above illustrations.
- Drivers who require more liability protection will pay an extra $430 annually to raise from a low limit to higher 250/500 limits
- It is possible to save as much as $110 per year simply by quoting early and online
- Increasing physical damage deductibles could save up to $300 each year
- Youthful drivers pay higher prices, as much as $320 a month if they have full coverage
Rate Tables and Charts
Rates by Driver Age
Driver Age | Premium |
---|---|
16 | $3,842 |
20 | $2,254 |
30 | $1,010 |
40 | $982 |
50 | $902 |
60 | $884 |
Full coverage, $500 deductibles
Rates by Deductible
Deductible | Premium |
---|---|
$100 | $1,182 |
$250 | $1,090 |
$500 | $982 |
$1,000 | $880 |
Full coverage, driver age 40
Rates by Liability Limit
Liability Limit | Premium |
---|---|
30/60 | $982 |
50/100 | $1,091 |
100/300 | $1,189 |
250/500 | $1,445 |
100 CSL | $1,130 |
300 CSL | $1,347 |
500 CSL | $1,505 |
Full coverage, driver age 40
Rates for High Risk Drivers
Age | Premium |
---|---|
16 | $5,438 |
20 | $3,588 |
30 | $2,148 |
40 | $2,118 |
50 | $2,024 |
60 | $2,004 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
Discount | Savings |
---|---|
Multi-policy | $51 |
Multi-vehicle | $52 |
Homeowner | $16 |
5-yr Accident Free | $64 |
5-yr Claim Free | $62 |
Paid in Full/EFT | $39 |
Advance Quote | $45 |
Online Quote | $68 |
Total Discounts | $397 |
Discounts are estimated and may not be available from every company or in every state.
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