2023 Mazda MX-5 Miata Car Insurance Calculator

Learn and understand how different driver and vehicle factors impact the insurance cost for a 2023 Mazda MX-5 Miata. Customize driver gender, whether you're married or single, the state and city you live in, and homeowner status to learn how each affects rates. Instantly see if your choice increases or decreases premiums and why.

The average estimated car insurance premium for a 2023 Mazda MX-5 Miata is $2,104 per year, or about $175 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

$2,104

Cost Per Month

$175

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 2023 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.

$2,104
Average Rate
Your Rate
$2,104

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.

The 'Average Rate' is a combined value for all 2023 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 2023 Mazda MX-5 Miata is $2,104.

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.

2023 Mazda MX-5 Miata vs. the Sports Car Segment

The table below compares insurance rates for the 2023 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.

2023 Mazda MX-5 Miata Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$2,104--
2Audi TT$2,364$260
3BMW Z4$2,488$384
4Subaru WRX$2,508$404
5Ford Mustang$2,514$410
6Nissan Z$2,554$450
7Toyota GR Supra$2,596$492
8Toyota GR86$2,628$524
9BMW M2$2,646$542
10Subaru BRZ$2,740$636
11Chevrolet Corvette$2,818$714
12BMW M3$2,876$772
13Lexus RC F$2,930$826
14Porsche 718$2,938$834
15Chevrolet Camaro$2,976$872
2023 Sports Car Average$3,120$1,016
16Mercedes-Benz AMG GT53$3,170$1,066
17Jaguar F-Type$3,274$1,170
18Porsche Taycan$3,352$1,248
19BMW M4$3,390$1,286
20Dodge Challenger$3,432$1,328
21Lexus LC 500$3,438$1,334
22Porsche 911$3,740$1,636
23Acura NSX$4,236$2,132
24Audi R8$4,374$2,270
25Mercedes-Benz SL 55$4,382$2,278
26Mercedes-Benz SL 63$4,664$2,560

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.

2023 MX-5 Miata Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 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.

2023 Mazda MX-5 Miata Insurance Rates by Trim Level
2023 Mazda MX-5 Miata Trim Level Annual Premium Cost Per Month
Sport Convertible$1,974$165
Club Convertible$2,072$173
Grand Touring Convertible$2,104$175
RF Grand Touring Convertible$2,162$180
RF Club Convertible$2,218$185

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 2023 Mazda MX-5 Miata for different driver ages.

2023 Mazda MX-5 Miata Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,374$615
17$7,146$596
18$6,415$535
19$5,849$487
20$4,494$375
21$4,293$358
22$3,852$321
23$3,177$265
24$3,002$250
25$2,438$203
30$2,246$187
35$2,164$180
40$2,104$175
45$1,968$164
50$1,868$156
55$1,744$145
60$1,748$146
65$1,854$155
70$1,994$166
75$2,338$195
80$2,866$239

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.