Mazda MX-5 Miata Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• It costs less to insure a Mazda MX-5 Miata than the average car.
• Liability car insurance for a MX-5 Miata comes in at about $71 per month, while full coverage typically tends to be around $158 a month.
• The lowest insurance company for a MX-5 Miata is Mile Auto.

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MX-5 Miata Overview

The Mazda MX-5 Miata is a great budget-friendly option for any driver, with base prices starting at just $26,830 for 2021 models. There are three different trim levels currently offered, so there's a style for every driver.

We ran through thousands of auto insurance quotes on Compare.com, and we've found that Mazda MX-5 Miata car insurance prices are about $159 per month, on average. Where does that fall compared to the rest of the market?

How Much is Car Insurance for a Mazda MX-5 Miata?

In the table above, you'll see that when you compare the Mazda MX-5 Miata to other vehicles, insurance rates are right around average. MX-5 Miata drivers can expect to pay about $71 monthly for liability insurance, and around $158 a month for full coverage, which has comprehensive and collision coverages in addition to liability (find out more about the difference with our guide "State Minimum vs. Full Coverage").

When you compare it to other models, the MX-5 Miata is matches the other vehicles in Mazda's lineup. However, compared to other vehicles of a similar body style, MX-5 Miata coverage is more affordable than average, with both liability only and full coverage insurance averaging less expensive premiums than other cars.

Compared to all vehicles, regardless of body style, make, or model, the MX-5 Miata has cheaper prices than average for both liability only and full coverage auto insurance.

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Who has the Cheapest Car Insurance for a Mazda MX-5 Miata?

If you're browsing for an auto insurance policy for a Mazda MX-5 Miata, you may be wondering which carrier offers the cheapest rates. Although there will never be one company that offers the most affordable rates for everyone, the lowest average rates for liability only insurance are sometimes just $19 a month from Safeco. With car insurance sometimes as low as $31 monthly, Workmens is the next cheapest car insurance carrier.

MetLife, Shelter Mutual, and Gainsco finish off the rest of the top 5. However, just because these five carriers offer the cheapest average rates doesn't necessarily mean they'll give you the best rates for your Mazda MX-5 Miata.

After all, insurance companies look at several different variables when calculating premiums, so your results might be different. There's only one way to make sure you find the lowest possible rates, and that's by checking quotes from a wide array of auto insurance carriers.

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What Factors Affect Car Insurance Rates for a Mazda MX-5 Miata?

As we mentioned above, there are a multitude of things that insurance companies take into account to calculate how much they charge -- and each company weighs certain variables more than others, so there's not a singular carrier that's the most affordable for every MX-5 Miata driver.

Below are just a few of the factors car insurance carriers look at and how each one affects your final rate:

Vehicle Age

Mazda has been making the MX-5 Miata for quite some time -- and that means the car's age may make a big difference in how much you'll pay for insurance. Usually, it costs less to insure older cars because they're worth less than newer models, and as time goes on and MX-5 Miatas begin to depreciate, insurance costs will gradually decrease.

As you can see in the table above, the Mazda MX-5 Miata is in line with this trend, as the most expensive models to insure are those that are 1 year old or less, while on average, the cheapest models are MX-5 Miatas that are 2 to 3 years old.

Your Age

How old you are plays a significant role in how much you pay for car insurance. In the table above, you'll see that the youngest drivers pay more compared to drivers who have more experience. In this case, drivers under 18 pay over three times as much as those 25 or older.

Insurance prices continue to get lower as you get older, with the cheapest age group being 55-64 for MX-5 Miata drivers.

Your Gender

Men generally pay more for auto insurance than women. This is because women are less likely to get tickets and get into collisions, which lowers the chances of an insurance claim. The Mazda MX-5 Miata follows this convention, and men pay about 23% more than women a month for car insurance.

Where You Live

You might already know that things like what vehicle you drive and how old you are play a role in your insurance rates, but did you know that where you live can be equally important? Since auto insurance is regulated at the state level, premiums can shift quite a bit depending on which state you call home.

For example, the average Mazda MX-5 Miata owner in New York pays around $188 per month for liability coverage. Meanwhile, the same driver from California will pay less than half of that price, on average. The chart above shows average rates for the 10 largest states by population, just to give you a good idea of how much premiums can change from state to state.

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Mazda MX-5 Miata Car Insurance Discounts

No matter where you live, what car you drive, or how old you are, it's always in your best interest to take advantage of as many insurance discounts as possible.

Even though all auto insurance companies offer their own unique discounts, there are a few different ones that you'll find with most carriers. These include things like:

• Pay-in-full discounts for drivers who choose to pay their entire policy rate at once, rather than by monthly payments
• Multi-policy discounts for using the same insurance company for both your home and auto insurance
• Multi-car discounts for having several vehicles on your auto policy
• Defensive driving discounts for drivers who take a defensive driving class from an accredited school or institution

But these aren't the only discounts car insurance companies offer to their customers. Sometimes, the best way to get the cheapest rates is by strengthening your overall insurance profile that carriers look at. This includes things like driving safely, avoiding lapses in coverage, and not having recent insurance claims.

Even though you may not have control of every factor insurance carriers take a look at to calculate prices (like some of the ones mentioned above), you can influence some of them. Below are just a few of the factors you can use to your advantage when it comes to saving some cash:

Your Driving Record

You've no doubt observed ads from auto insurance companies promoting large discounts for safe drivers. It follows that if you get speeding tickets or get into an accident, car insurance rates will go up. But you still might be left wondering exactly how much collisions and moving violations will cost you.

You can tell from the table above that accidents will usually cost MX-5 Miata drivers more than tickets, but both will cause a significant increase in rates. Mazda MX-5 Miata drivers with a single accident on their record pay an average of $92 every month (up $21 from the $71/mo. overall average), while drivers with one ticket will pay about $87 monthly. Drivers who have multiple violations of either kind will end up paying even more.

How Much You Drive

The total amount of miles you drive plays a role when it comes to your auto insurance prices. Drivers who are on the roads less are more likely to go accident-free, so they'll normally end up paying less for car insurance. Above, you can see that Mazda MX-5 Miata owners who drive 10,000 miles or more pay $77 for insurance, while those who drive fewer than 2,500 miles each year pay about $64 a month.

If you work from home or drive less often than the average driver, it may be worth reviewing usage-based or pay-per-mile auto insurance. With these kinds of policies, you pay a small base rate each month, with your final monthly bill being calculated based on the number of miles you drove.

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How Do Mazda MX-5 Miatas Compare to Other Vehicles?

If you're thinking about purchasing a new car and a Mazda MX-5 Miata is on your shortlist, you might be wondering how it compares to other vehicles. Auto insurance is just one cost that comes with buying a new car, but it's guaranteed to be one that's worth considering.

Check out the table below to see how the Mazda MX-5 Miata stacks up:

With an MSRP that's a third less than the going rate for a new vehicle, the Mazda MX-5 Miata is a great value for any budget. While the national average vehicle MSRP is $46,296, the MX-5 Miata goes for just $26,830.

Unlike the MX-5 Miata's lower price, insurance premiums are higher when compared to the rest of the vehicle market. Liability insurance for a Mazda MX-5 Miata is about $7 per month more than average, while full coverage is over $50 more per month.

When it comes to usage, Mazda MX-5 Miata owners drive fewer miles annually than the national average, with 9,497 miles a year compared to 11,617 for all vehicles.

Mazda MX-5 Miata Car Insurance Costs by Model Year

We've walked through many of the variables that can affect how much you might pay for car insurance. If you're in thinking about buying a new car, truck, or SUV and the MX-5 Miata is on your wishlist, knowing what you can expect to pay for the specific vehicle you're looking at can be extremely helpful as you weigh your choices.

Choose Your Model

2021 Mazda MX-5 Miata Car Insurance 2020 Mazda MX-5 Miata Car Insurance 2019 Mazda MX-5 Miata Car Insurance 2018 Mazda MX-5 Miata Car Insurance 2017 Mazda MX-5 Miata Car Insurance 2016 Mazda MX-5 Miata Car Insurance 2015 Mazda MX-5 Miata Car Insurance 2014 Mazda MX-5 Miata Car Insurance 2013 Mazda MX-5 Miata Car Insurance 2012 Mazda MX-5 Miata Car Insurance 2011 Mazda MX-5 Miata Car Insurance 2010 Mazda MX-5 Miata Car Insurance

2021 Mazda MX-5 Miata Car Insurance

The average cost to insure a 2021 Mazda MX-5 Miata with liability only coverage is $88 a month, while full coverage runs around $296 per month.

If you're looking for the lowest possible 2021 Mazda MX-5 Miata insurance policy, Mercury offered the cheapest policy we found, with rates as low as just $38 monthly.

If you want more accurate quotes of how much you can expect to pay, get free quotes in minutes by just entering your ZIP code below.

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2020 Mazda MX-5 Miata Car Insurance

You can expect full coverage for a 2020 MX-5 Miata to run about $226 a month, while liability only coverage will average around $84 monthly.

Mercury has prices as little as $26 per month for the 2020 Mazda MX-5 Miata.

If you want to know just how much your premium will be, get free quotes in minutes by just entering your ZIP code below.

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2019 Mazda MX-5 Miata Car Insurance

It costs about $65 a month for liability or $178 for a full coverage policy for the 2019 Mazda MX-5 Miata.

Looking for the lowest policy? Shelter Mutual offered liability only coverage for as low as $37 monthly.

Want something more accurate than nationwide averages? Enter your ZIP code below to get several free customized quotes.

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2018 Mazda MX-5 Miata Car Insurance

2018 MX-5 Miata drivers can expect to pay an average of $41 per month for liability or $173 for full coverage.

With premiums as cheap as $41 a month, SafeAuto offered the most affordable policy we found.

If you're looking for a more exact figure on what you should pay for insurance for a 2018 Mazda MX-5 Miata, you can get free quotes in minutes by just entering your ZIP code below.

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2017 Mazda MX-5 Miata Car Insurance

On average, drivers who own a 2017 Mazda MX-5 Miata can expect to pay $53 to $160 monthly for liability only and full coverage car insurance, respectively.

Safeco offered the cheapest policy we found, with rates sometimes as cheap as $19 per month.

What could your auto insurance price look like? Just enter your ZIP code below to get lots of customized quotes for free.

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2016 Mazda MX-5 Miata Car Insurance

It costs around $70 monthly for liability or $162 for a full coverage policy for the 2016 MX-5 Miata.

With rates sometimes as little as $20 a month, Liberty Mutual offered the most affordable policy we found for the 2016 Mazda MX-5 Miata.

While these are good estimates of what the average driver might pay to insure a 2016 Mazda MX-5 Miata, these prices might differ based on your driver profile. Get free personalized quotes in minutes by just entering your ZIP code below.

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2015 Mazda MX-5 Miata Car Insurance

You can expect full coverage for a 2015 Mazda MX-5 Miata to run about $144 per month, while liability only coverage will average around $63 a month.

We found Elephant offered the lowest policy, with rates as cheap as just $23 per month.

If you want to know just how much your rate will be, just enter your ZIP code below and get free quotes in minutes.

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2014 Mazda MX-5 Miata Car Insurance

On average, drivers who own a 2014 MX-5 Miata can expect to pay $38 to $132 monthly for liability only and full coverage insurance, respectively.

MetLife has premiums as little as just $25 a month for the 2014 Mazda MX-5 Miata.

And if you want more accurate rates tailored specifically to you, just enter your ZIP code below and get free quotes in minutes.

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2013 Mazda MX-5 Miata Car Insurance

The average cost to insure a 2013 Mazda MX-5 Miata with liability only coverage is $79 monthly, while full coverage runs about $213 per month.

If you're looking for the most affordable 2013 Mazda MX-5 Miata insurance policy, Clearcover offered the cheapest policy we found, with rates as little as $33 monthly.

Want something more accurate than national averages? Get a variety of free personalized quotes by just entering your ZIP code below.

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2012 Mazda MX-5 Miata Car Insurance

2012 MX-5 Miata drivers can expect to pay an average of $61 per month for liability or $117 for full coverage.

Safeco offered the lowest policy we found, with rates as low as $18 a month.

If you want to find the best prices for car insurance for a 2012 Mazda MX-5 Miata, enter your ZIP code below and compare multiple personalized quotes in just a few minutes.

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2011 Mazda MX-5 Miata Car Insurance

It costs around $67 per month for liability or $123 for a full coverage policy for the 2011 Mazda MX-5 Miata.

Looking for the cheapest policy? Workmens offered liability only coverage for as cheap as $25 monthly.

If you want to know exactly how much you can expect to pay for your MX-5 Miata, just enter your ZIP code below and get free quotes in minutes.

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2010 Mazda MX-5 Miata Car Insurance

2010 MX-5 Miata drivers can expect to pay an average of $76 a month for liability or $191 for full coverage.

With rates as little as just $18 monthly, MetLife offered the most affordable policy we found.

Interested in exactly how much you'll pay? Enter your ZIP code below to get multiple personalized quotes for free.

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Mazda MX-5 Miata Insurance FAQs

Is a Mazda MX-5 Miata expensive to insure?

Compared to the national average of all cars, premiums come in on the more affordable end of the spectrum. Liability insurance runs an average of $71 a month, while full coverage will cost you around $158.

How can I get the best price on car insurance for my Mazda MX-5 Miata?

There's only one way to ensure you're getting the lowest rates -- checking prices regularly and comparing quotes from an array of carriers. A good rule of thumb is to get quotes every 6 months or so. Luckily, sites like Compare.com let you compare rates from a bunch of companies at once, meaning you can find the most affordable rates (or guarantee you already have the best deal) in just a few minutes.

Does the color of my Mazda MX-5 Miata affect my insurance premiums?

You may have heard that it is more expensive to insure red cars that silver or white vehicles, but that's actually a myth. There are lots of things insurance carriers examine when they offer you a premium, but your vehicle's color is not factored into that equation.

Do I need to have insurance before I buy a Mazda MX-5 Miata?

Before you can legally drive your new (or new to you) car off the dealership lot, you'll need to have an auto insurance policy in place. Some dealerships will offer you one during the purchase process, but the best thing to do when buying a a new car is to talk with your auto insurance company ahead of time.

What car insurance discounts can I get for my Mazda MX-5 Miata?

There are tons of discounts out there for car insurance. Many of them (like "multi-vehicle discounts" and "safe driver discounts") are more based on you than the MX-5 Miata you drive, but if your MX-5 Miata has safety features like anti-lock brakes, airbags, anti-theft systems, and other features, it may qualify for certain discounts. The best way to find out is to get in touch with your insurance carrier and ask about which discounts they offer.