Mazda Miata
Mazda Miata is a subcompact sports convertible, classified by the National Highway Traffic Safety Administration (NHTSA) as a two-seat passenger vehicle. Insurance providers assign Mazda Miata models a moderate risk rating due to their lightweight chassis and rear-wheel drive design.
The Insurance Institute for Highway Safety (IIHS) rates recent Miatas “Good” in most crashworthiness categories, such as moderate overlap front and side impact. Insurers determine premiums based on model year, with the 2023 Mazda Miata costing an average of $1,608 annually according to Quadrant Information Services.
Theft rates for Miatas remain low compared to coupes like Ford Mustang and Chevrolet Camaro, which the FBI Uniform Crime Reporting program confirms. Mazda Miata repairs cost less than BMW Z4 or Porsche Boxster, averaging $429 per year in maintenance per RepairPal data.
Safety features–like blind-spot monitoring on newer models–lower liability costs as cited by Progressive and State Farm underwriting guidelines. Classic Miatas (1990–1999) often qualify for collector car policies from insurers such as Hagerty and Grundy.
Modified Miatas need declared aftermarket coverage endorsements; American Modern Insurance requires full documentation of modifications. Comprehensive insurance covers risks like hail damage or vandalism that are common for convertibles left outdoors, based on Allstate claims statistics, based on findings by YourInsurance.info.
Lease agreements for new Miatas require both collision and gap insurance per Mazda Capital Services terms and conditions.
How much does it cost to insure a Miata?
The cost of insuring a Mazda Miata will vary based on several factors including make, model year, age of driver, and area. On average, full coverage auto insurance for a Mazda Miata can range from $500 to $1200 annually or about $40 – $100 per month. It is important to shop around and compare rates…
Are Mazda Miatas expensive to insure?
Yes, Mazda Miatas are generally expensive to insure. The cost of insuring a Miata can be affected by many factors including the age of the vehicle and its condition, driving record of the policyholder, and coverage level desired. On average, car insurance for a Mazda Miata can range from approximately $800-$1600 per year depending on…
Is a Mazda Miata expensive to insure?
Yes, a Mazda Miata is expensive to insure. This is due to the fact that it is classified as a sports car by insurance companies. Since sports cars are viewed as higher risk vehicles, they tend to attract higher insurance premiums. Certain factors such as model year and trim level can influence the cost of…
Are Miatas cheap to insure?
Miatas are generally inexpensive to insure. Many drivers of the Mazda Miata enjoy low insurance costs, as the vehicle is classified as a sports car by most insurers and typically falls into lower insurance groups due to its relatively low power output compared to other vehicles in the same class. Many driver safety features included…
Is a Miata considered a sports car by insurance companies?
Yes, a Mazda Miata is generally considered to be a sports car by insurance companies. Insurance providers tend to classify vehicles according to their performance capabilities and market classifications. The Mazda Miata has been designed as an affordable entry-level roadster, with a focus on providing improved handling characteristics compared to other cars in its price…
See also Mazda Miata insurance.