Mazda MX-5 Miata Auto Insurance (2024)
Getting Mazda MX-5 Miata insurance quotes will cost on average $98 per month ($1,174 per year). Finding Mazda MX-5 Miata teenager insurance rates can cost on average $4,291 a year, so shop around to find cheap coverage.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
UPDATED: Jun 22, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jun 22, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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Key takeaways:
- Full coverage costs around $1,174 a year or $98 each month
- A liability-only policy costs around $471 a year or $39 each month
- Highest rates are for teenage drivers at around $4,291 a year or $358 each month
- Good drivers can save as much as $484 a year by earning policy discounts
- Mazda MX-5 Miata insurance costs around $345 less per year than the average vehicle
Mazda MX-5 Miata insurance rates are $98 per month for full coverage, while liability-only coverage costs $39 per month. When you insure Mazda MX-5 Miata, you can save $345 per year. Continue reading to learn more about how you can save on policy discounts.
You can start comparing quotes for Mazda MX-5 Miata auto insurance rates from some of the best auto insurance companies by using our free online tool now.
Mazda MX-5 Miata Insurance Cost
The average Mazda MX-5 Miata auto insurance rates are $1,174 a year or $98 a month.
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Are Mazda MX-5 Miatas Expensive to Insure?
The chart below details how Mazda MX-5 Miata insurance rates compare to other sports cars like the Audi RS 7, Chevrolet Camaro, and Ford Mustang.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Audi RS 7 | $532 | $1102 | $398 | $2,190 |
| Chevrolet Camaro | $348 | $594 | $372 | $1,472 |
| Ford Mustang | $348 | $718 | $420 | $1,666 |
| Audi TTS | $394 | $714 | $338 | $1,582 |
| Porsche 718 Boxster | $444 | $952 | $338 | $1,870 |
| Porsche 718 Cayman | $458 | $1012 | $398 | $2,026 |
However, there are a few things you can do to find the cheapest Mazda insurance rates online.
What Impacts the Cost of Mazda MX-5 Miata Insurance?
The Mazda MX-5 Miata trim and model you choose will affect the total price you will pay for Mazda MX-5 Miata insurance coverage.
Age of the Vehicle
The average Mazda MX-5 Miata auto insurance rates are higher for newer models. For example, auto insurance for a 2017 Mazda MX-5 Miata costs $1,174, while 2010 Mazda MX-5 Miata insurance costs are $982, a difference of $192.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2017 Mazda MX-5 Miata | $248 | $436 | $354 | $1,174 |
| 2016 Mazda MX-5 Miata | $240 | $418 | $364 | $1,158 |
| 2015 Mazda MX-5 Miata | $226 | $404 | $376 | $1,142 |
| 2014 Mazda MX-5 Miata | $218 | $374 | $384 | $1,112 |
| 2013 Mazda MX-5 Miata | $208 | $352 | $388 | $1,084 |
| 2012 Mazda MX-5 Miata | $200 | $316 | $390 | $1,042 |
| 2011 Mazda MX-5 Miata | $188 | $292 | $390 | $1,006 |
| 2010 Mazda MX-5 Miata | $180 | $272 | $394 | $982 |
Driver Age
Driver age can have a significant effect on the cost of Mazda MX-5 Miata auto insurance. For example, a 20-year-old driver could pay around $120 more each month for their Mazda MX-5 Miata auto insurance than 30-year-old driver.
Driver Location
Where you live can have a large impact on Mazda MX-5 Miata insurance rates. For example, drivers in Jacksonville may pay $704 a year more than drivers in Indianapolis.
Your Driving Record
Your driving record can have an impact on the cost of Mazda MX-5 Miata auto insurance. Teens and drivers in their 20’s see the highest jump in their Mazda MX-5 Miata car insurance with violations on their driving record.
Mazda MX-5 Miata Safety Ratings
Your Mazda MX-5 Miata auto insurance rates are influenced by the safety ratings of the Mazda MX-5 Miata. See the breakdown below:
| Test Type | Rating |
| Small overlap front: driver-side | N/A |
|---|---|
| Small overlap front: passenger-side | N/A |
| Moderate overlap front | N/A |
| Side | N/A |
| Roof strength | N/A |
| Head restraints and seats | N/A |
| Source: Insurance Institute for Highway Safety | |
Mazda MX-5 Miata Crash Test Ratings
If the Mazda MX-5 Miata crash test ratings are good, you could have lower Mazda MX-5 Miata auto insurance rates. See Mazda MX-5 Miata crash test results below:
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| Mazda MX-5 Miata | N/R | N/R | N/R | N/R |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
Mazda MX-5 Miata Safety Features
The numerous safety features of the Mazda MX-5 Miata help contribute to lower insurance rates. The 2020 Mazda MX-5 Miata has the following safety features:
- Electronic Stability Control (ESC)
- ABS And Driveline Traction Control
- Side Impact Beams
- Dual Stage Driver And Passenger Seat-Mounted Side Airbags
- Low Tire Pressure Warning
- Dual Stage Driver And Passenger Front Airbags
- Airbag Occupancy Sensor
- Driver And Passenger Side Airbag Head Extension
- Outboard Front Lap And Shoulder Safety Belts -inc: Pretensioners
- Back-Up Camera
Mazda MX-5 Miata Insurance Loss Probability
The Mazda MX-5 Miata’s insurance loss probability varies for each form of coverage. The lower percentage means lower Mazda MX-5 Miata auto insurance rates; higher percentages mean higher Mazda MX-5 Miata auto insurance rates.
| Insurance Coverage Category | Loss Rate |
| Collision | -24% |
|---|---|
| Property Damage | -39% |
| Comprehensive | -26% |
| Personal Injury | -28% |
| Medical Payment | no data |
| Bodily Injury | no data |
| Source: Insurance Institute for Highway Safety | |
Mazda MX-5 Miata Finance and Insurance Cost
If you are financing a Mazda MX-5 Miata, most lenders will require your carry higher Mazda MX-5 Miata coverage options including comprehensive coverage, so be sure to shop around and compare Mazda MX-5 Miata auto insurance quotes from the best companies using our FREE tool below.
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5 Ways to Save on Mazda MX-5 Miata Insurance
If you want to reduce the cost of your Mazda MX-5 Miata insurance rates, follow these tips below:
- Choose Automatic Payments or EFT for Your Mazda MX-5 Miata Auto Insurance Policy
- Pay Your Bills On Time — Especially Mazda MX-5 Miata Payments and Insurance
- Choose a Mazda MX-5 Miata with Cheaper Repair Costs
- Park Your Mazda MX-5 Miata Somewhere Safe – like a Garage or Private Driveway
- Get Married and Ask for a Discount
Top Mazda MX-5 Miata Insurance Companies
Several top auto insurance companies offer competitive rates for the Mazda MX-5 Miata insurance rates based on factors like discounts for safety features. Take a look at this list of top auto insurance companies that are popular with Mazda MX-5 Miata drivers organized by market share.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | Geico | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
Compare Free Mazda MX-5 Miata Insurance Quotes Online
You can start comparing quotes for Mazda MX-5 Miata auto insurance rates from some of the best auto insurance companies by using our free online tool now.
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Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Frequently Asked Questions
How much does auto insurance for a Mazda MX-5 Miata typically cost?
The cost of auto insurance for a Mazda MX-5 Miata can vary depending on several factors, including your location, driving history, age, coverage options, and insurance provider. To get an accurate idea of the cost for your specific circumstances, it’s best to obtain quotes from different insurers.
What factors can affect the insurance premium for a Mazda MX-5 Miata?
Several factors can impact the insurance premium for a Mazda MX-5 Miata, such as:
- Your driving record: A clean driving record with no accidents or traffic violations generally leads to lower premiums.
- Location: Insurance rates can vary based on where you live, including factors like crime rates and traffic congestion.
- Age and gender: Younger and less experienced drivers often pay higher premiums.
- Coverage options: The type and level of coverage you choose will affect the premium.
- Vehicle features: Safety features and anti-theft devices in the Mazda MX-5 Miata may qualify for discounts.
- Deductible amount: A higher deductible typically leads to lower premiums, but you’ll pay more out of pocket in case of a claim.
Are Mazda MX-5 Miatas generally expensive to insure compared to other vehicles?
Insurance rates can vary between different vehicle makes and models, and while Mazda MX-5 Miatas generally have good safety ratings and reasonable repair costs, insurance premiums can still be influenced by factors such as the vehicle’s popularity, performance, and theft rates. It’s advisable to compare insurance quotes from multiple providers to determine the best rate for your Mazda MX-5 Miata.
What type of insurance coverage is recommended for a Mazda MX-5 Miata?
It’s generally recommended to have the following types of coverage for a Mazda MX-5 Miata:
- Liability coverage: This covers injuries and property damage you may cause to others in an accident where you’re at fault.
- Collision coverage: This covers repairs or replacement costs if your Mazda MX-5 Miata is damaged in a collision, regardless of fault.
- Comprehensive coverage: This covers non-collision-related damages, such as theft, vandalism, or weather-related incidents.
- Uninsured/underinsured motorist coverage: This protects you if you’re involved in an accident with a driver who has insufficient or no insurance.
Can I get discounts on insurance for my Mazda MX-5 Miata?
Yes, insurance companies often offer various discounts that you may qualify for when insuring a Mazda MX-5 Miata. These can include:
- Safety features discount: If your MX-5 Miata has advanced safety features, such as anti-lock brakes, airbags, or a backup camera, you may be eligible for a discount.
- Anti-theft device discount: Installing anti-theft devices, such as alarms or tracking systems, can help reduce your premium.
- Multi-policy discount: If you have multiple policies with the same insurer, such as auto and home insurance, you may qualify for a discount.
- Good driver discount: Maintaining a clean driving record can often lead to discounted rates.
Can I transfer my current auto insurance to my new Mazda MX-5 Miata?
If you already have an auto insurance policy, you can typically contact your insurance provider to update your policy with the details of your new Mazda MX-5 Miata. They will adjust the coverage and premium accordingly. However, it’s always a good idea to compare quotes from other insurers to ensure you’re getting the best coverage and rates for your new vehicle.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.