Key Takeaways
With a starting price of $30,765, the 2025 model is pretty affordable when it comes to the sports car category. It comes in different trim levels like the Sport, Club, Grand Touring, Grand Touring RF, and Club RF. What about insurance costs? You can't afford to skimp on Mazda Miata MX-5 auto insurance, especially if you care about owning the car for a long time.
The Mazda MX-5 Miata's car insurance cost is $1,500 per year. This is less when compared to other sports car models. However, the average rates can spike up to $4,680 per year based on the model year and the trim level, along with other driving and non-driving factors.
At insurance rates starting at $1,500 per year, the Mazda MX-5 is certainly an affordable sports car to insure. When compared to other sports cars, the rates are less expensive. Here are the average annual rates of some of the cars that fall under similar specs.
| Model | Average Annual Rate |
|---|---|
| Mazda MX-5 Miata | $1,500 |
| Ford Mustang | $1,884 |
| Chevrolet Corvette | $2,424 |
| BMW M3 | $1,752 |
| Dodge Challenger | $2,424 |
| Porsche Taycan | $2,378 |
| BMW M4 | $2,028 |
| Audi R8 | $3,192 |
| Nissan GT-R | $3,166 |
Car insurance rates are heavily reliant on a set of factors, irrespective of the model of the car you drive. These are not just driving-related factors that affect the cost of your Mazda MX-5 Miata's car insurance.
Here are the primary contributors to the overall cost of car insurance for the Mazda MX-5 Miata.
Observing the different models of the Mazda MX-5 Miata according to the year, we see the difference in rates and how it decreases with older models. For example, insuring a 2020 Mazda MX-5 Miata model will cost $1,512, while it will cost $820 to insure a 2012 model per year on average.
| Year of the Model | Average Annual Insurance |
|---|---|
| 2020 Mazda MX-5 Miata | $1,512 |
| 2019 Mazda MX-5 Miata | $1,579 |
| 2016 Mazda MX-5 Miata | $989 |
| 2015 Mazda MX-5 Miata | $979 |
| 2014 Mazda MX-5 Miata | $908 |
| 2013 Mazda MX-5 Miata | $843 |
| 2012 Mazda MX-5 Miata | $820 |
The average car insurance cost for the 2020 Mazda MX-5 Miata is $1,512. At $844 per month, Nationwide is the cheapest provider for this model. Companies like USAA and American Family offer the highest rates for this model.
| Insurance Company | Average Annual Cost |
|---|---|
| Nationwide | $844 |
| Vermont Mutual | $901 |
| Country | $1118 |
| Acuity | $1218 |
| Arbella | $1231 |
| Tennessee Farmers | $1317 |
| Southern Farm Bureau | $1321 |
| Plymouth Rock Insurance | $1338 |
| State Farm | $1370 |
| USAA | $1388 |
| American Family | $1417 |
The cheapest car insurance providers for the 2019 MX-5 Miata are Cincinnati Insurance and Nationwide, offering $883 and $992 annually. The most expensive providers for this model are State Farm and American Family.
| Insurance Company | Average Annual Cost |
|---|---|
| Cincinnati Insurance | $883 |
| Nationwide | $992 |
| Auto Owners | $1135 |
| Country | $1174 |
| USAA | $1184 |
| Arbella | $1219 |
| Plymouth Rock Insurance | $1255 |
| Erie | $1256 |
| Acuity | $1285 |
| Southern Farm Bureau | $1321 |
| State Farm | $1357 |
| American Family | $1360 |
When it comes to the 2016 MX-5 Miata car insurance rates, Texas Farm Bureau, Vermont Mutual, and Nationwide range between $700 and $900. The most expensive rates for this are, on average, around $1,237 per year, offered by Southern Farm Bureau.
| Insurance Company | Average Annual Cost |
|---|---|
| Texas Farm Bureau | $719 |
| Vermont Mutual | $802 |
| Nationwide | $851 |
| Erie | $1001 |
| Country | $1067 |
| USAA | $1114 |
| Arbella | $1123 |
| Acuity | $1130 |
| State Farm | $1203 |
| Amica | $1216 |
| Southern Farm Bureau | $1237 |
The average monthly Mazda MX-5 Miata insurance cost for the 2015 model year is $979. With average yearly premium rates of $632 and $677, Erie and Texas Farm Bureau lead the table of the cheapest insurance companies for the MX-5 Miata. Go through the table below for a general overview of the average cheap MX-5 Miata car insurance quotes offered by leading insurers.
| Insurance Company | Average Annual Cost |
|---|---|
| Erie | $632 |
| Texas Farm Bureau | $677 |
| Vermont Mutual | $780 |
| State Farm | $826 |
| USAA | $836 |
| Plymouth Rock Insurance | $842 |
| Acuity | $861 |
| Tennessee Farmers | $867 |
| Nationwide | $874 |
| Country | $933 |
| American Family | $951 |
Erie offers cheap Audi A8 car insurance quotes for the 2014 model year. The overall yearly average premium offered by Erie for the car model year is $613. Generally, the yearly average cost of a 2014 Mazda MX-5 Miata insurance is $908.
| Insurance Company | Average Annual Cost |
|---|---|
| Erie | $613 |
| Texas Farm Bureau | $639 |
| Vermont Mutual | $733 |
| USAA | $763 |
| Acuity | $773 |
| Plymouth Rock Insurance | $819 |
| Tennessee Farmers | $836 |
| Country | $872 |
| Nationwide | $882 |
| American Family | $883 |
| State Farm | $906 |
For the Mazda MX-5, you can find cheap premium rates starting at $576. Erie offers the cheapest quotes for the car model year. The average annual insurance cost for the 2013 model is $843. Look through some of the cheapest insurance companies for the Mazda MX-5 2013 model year in the table below.
| Insurance Company | Average Annual Cost |
|---|---|
| Erie | $576 |
| Texas Farm Bureau | $635 |
| USAA | $658 |
| Vermont Mutual | $687 |
| Acuity | $728 |
| State Farm | $790 |
| Plymouth Rock Insurance | $795 |
| Nationwide | $800 |
| Tennessee Farmers | $802 |
| Country | $835 |
| Progressive | $838 |
The average annual insurance rate for the 2012 Mazda MX-5 Miata is $820. With the lowest premium of $546 per year, Erie leads the table of the cheap MX-5 Miata insurance rates for the 2012 model year.
| Insurance Company | Average Annual Cost |
|---|---|
| Erie | $546 |
| USAA | $567 |
| Texas Farm Bureau | $613 |
| Vermont Mutual | $664 |
| State Farm | $668 |
| Acuity | $700 |
| Plymouth Rock Insurance | $776 |
| Progressive | $793 |
| Tennessee Farmers | $800 |
| Nationwide | $816 |
| Country | $823 |
The safety features of the car are certainly crucial in ensuring safe driving. However, they also play an important role in ensuring cheaper car insurance rates for any model. In addition to the regular safety features available in most cars, like lane departure warning, blind-spot monitoring, or rear cross-traffic alert, there are features specific to the Mazda MX-5 Miata.
Bundling policies and comparing rates before finalizing your insurance rates can help you lower the cost of Mazda MX-5 Miata car insurance. We have observed the car insurance rates of this sedan to be higher when compared to similar models.
Reckless or careless driving can stay on your record, leading to higher insurance premiums, especially if you have at-fault accidents or DUIs. While this can increase the car insurance scores irrespective of the trim levels, owning a lower trim level will give you a head start on cheap Mazda MX-5 Miata car insurance rates.
Using anti-theft devices on your Mazda MX-5 Miata will create a positive impact on the risk factor and help you get a lower insurance quote.
Similarly, drivers with strong credit scores can save significantly on insurance compared to those with lower scores. In addition, look for common discounts like multi-policy, low mileage, good student, defensive driving, and loyalty discounts to lower your premiums.
Compare the insurance rates from multiple insurers, either online or offline, to get an idea of the Mazda MX-5 Miata car insurance rates. Car owners can use applications such as the Way app, which allows them to get the cheapest quotes from more than 150 car insurance providers.
However, make sure you are using accurate information on the driver and car to get your quote. With inappropriate details, you might be disappointed when you see the actual quotes. Similarly, the coverage cost for the Mazda MX-5 Miata changes according to the respective state law.
For the cheapest Mazda MX-5 Miata car insurance quotes, download the Way app or head to Way.com. You get to compare offers from over 140 different insurance providers on the platform, which lets you choose the best policy for your Mazda MX-5 Miata.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
Way.com’s Insurance Broker Quote Data
At around $1,500 per year, the Mazda MX-5 Miata is an affordable car to insure.
Since the coverage type you need, your driving profile, the model year, and trim level you are insuring vary, there is no one-size-fits-all solution for insuring your Mazda MX-5 Miata. You can make use of platforms like the Way app to compare rates and get cheap Mazda Miata car insurance quotes.
Access your digital insurance card through the app. You no longer need to carry your physical insurance card with you.
Receive reminders before your renewal. Way.com will also send new quotes from up to 45 insurance companies with your renewal reminder.
Keep everyone on your policy up to date by sharing your insurance information.
Make changes to your policy right from the app (coming soon) and ask for expert advice.
For the best user experience, please download our Way app.
or
Free quotes from 150+ carriers in seconds
