Mazda MX-5 Miata Car Insurance Calculator

Find out how life choices affect the cost of insurance for a Mazda MX-5 Miata. Customize rate factors like annual miles driven, vehicle usage, driver gender, and your marital status. Find out instantly how much and why your choice impacts rates.

The average estimated car insurance premium for a 2024 Mazda MX-5 Miata is $2,166 per year, or about $181 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,166

Cost Per Month

$181

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Mazda MX-5 Miata Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a Mazda MX-5 Miata.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,166
Average Rate
Your Rate
$2,166

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

Changing the Model Year option in the calculator will reset the Average Rate to the average cost to insure that specific model year Mazda MX-5 Miata.

The 'Average Rate' is a combined value for all Mazda MX-5 Miata trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2024 Mazda MX-5 Miata is $2,166.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2024 Mazda MX-5 Miata vs. the Sports Car Segment

The table below compares insurance rates for the 2024 Mazda MX-5 Miata against all other models in the sports car segment. The Mazda MX-5 Miata is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Mazda MX-5 Miata, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Mazda MX-5 Miata.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2024 Mazda MX-5 Miata Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$2,166--
2Toyota GR86$2,468$302
3Ford Mustang$2,572$406
4BMW Z4$2,590$424
5Subaru WRX$2,624$458
6Toyota GR Supra$2,632$466
7BMW M2$2,708$542
8Nissan Z$2,716$550
9Lexus RC F$2,766$600
10Subaru BRZ$2,802$636
11BMW M3$2,960$794
12Porsche 718$3,016$850
13Chevrolet Camaro$3,044$878
2024 Sports Car Average$3,222$1,056
14Chevrolet Corvette$3,244$1,078
15Porsche 911$3,356$1,190
16BMW M4$3,494$1,328
17Lexus LC 500$3,514$1,348
18Jaguar F-Type$3,694$1,528
19Mercedes-Benz AMG GT53$3,876$1,710
20Porsche Taycan$3,968$1,802
21Mercedes-Benz SL 55$4,520$2,354
22Nissan GT-R$4,562$2,396
23Mercedes-Benz SL 63$4,812$2,646

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2024 MX-5 Miata Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 Mazda MX-5 Miata.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2024 Mazda MX-5 Miata Insurance Rates by Trim Level
2024 Mazda MX-5 Miata Trim Level Annual Premium Cost Per Month
Sport Convertible$2,028$169
Club Convertible$2,132$178
Grand Touring Convertible$2,166$181
RF Grand Touring Coupe$2,226$186
RF Club Coupe$2,282$190

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2024 Mazda MX-5 Miata for different driver ages.

2024 Mazda MX-5 Miata Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,560$630
17$7,330$611
18$6,588$549
19$6,005$500
20$4,619$385
21$4,411$368
22$3,960$330
23$3,265$272
24$3,088$257
25$2,512$209
30$2,314$193
35$2,226$186
40$2,166$181
45$2,028$169
50$1,920$160
55$1,794$150
60$1,796$150
65$1,908$159
70$2,050$171
75$2,398$200
80$2,934$245

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Mazda MX-5 Miata trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the Mazda MX-5 Miata.

These values do not change with the calculator settings. These rates provide a "base average rate" to compare your calculated rate to, and the highlighted row indicates the currently selected model year.

Changing the calculator settings will cause your rate to move higher or lower than the average annual premium.

If the calculated 'Annual Premium' shown at the bottom of your screen is higher than the highlighted annual premium in the table, refer to the insurance analysis section to find out what factors might be causing the increase.

Average Mazda MX-5 Miata Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 Mazda MX-5 Miata$2,166$181
2023 Mazda MX-5 Miata$2,104$175
2022 Mazda MX-5 Miata$1,852$154
2021 Mazda MX-5 Miata$1,816$151
2020 Mazda MX-5 Miata$1,760$147
2019 Mazda MX-5 Miata$1,592$133
2018 Mazda MX-5 Miata$1,490$124
2017 Mazda MX-5 Miata$1,462$122
2016 Mazda MX-5 Miata$1,432$119
2015 Mazda MX-5 Miata$1,062$89
2014 Mazda MX-5 Miata$1,256$105
2013 Mazda MX-5 Miata$1,092$91

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all Mazda MX-5 Miata trim levels for each model year.