1993 Mazda MX-5 Miata Car Insurance Quotes

High-priced insurance can sap your savings account and put a big crunch on your finances. Comparing rate quotes is free and is an excellent way to make sure you’re not throwing money away.

Many auto insurance companies vie for your business, and because of this it can be hard to compare insurers to discover the definitive cheapest price

Low cost insurance prices

Comparing insurance rates can be challenging if you don’t know the fastest way to get free quotes. You could spend your day driving to local insurance agents in your area, or you can utilize online quoting to accomplish the same thing much quicker.

Most car insurance companies belong to an insurance system where prospective buyers enter their coverage request one time, and each participating company provides a quote. This eliminates the need for repetitive form submissions for every insurance company.

To access this free quoting program, click here (opens in new window).

One minor caviat to doing it this way is you can’t choose which insurance companies to receive prices from. So if you prefer to pick from a list of companies to request quotes from, we have a listing of the cheapest insurance companies in your area. View list of insurance companies.

Which method you use is up to you, but be sure you’re using identical coverages and limits with every price quote. If each company quotes unequal deductibles or liability limits you will not be able to determine the lowest rate for your Mazda MX-5 Miata.

Insurance coverage policy discounts

Some providers don’t always advertise every possible discount in a way that’s easy to find, so the list below gives a summary of some of the more common in addition to some of the lesser obvious discounts that you can inquire about if you buy insurance coverage online. If you are not receiving all the discounts possible, you are paying more than you should be.

  • Senior Discount – Older drivers can possibly qualify for lower premium rates on MX-5 Miata insurance.
  • Discounts for New Vehicles – Buying a new car model is cheaper due to better safety requirements for new vehicles.
  • Pay Early and Save – By paying your policy upfront instead of making monthly payments you can avoid monthly service charges.
  • Save with More Vehicles Insured – Buying insurance for several vehicles with one company can reduce the rates for all insured vehicles.
  • Braking Control Discount – Vehicles with ABS braking systems or traction control are safer to drive so you can save 10 percent or more.
  • Early Renewal Discounts – A few insurance coverage companies allow discounts for renewing your policy before your current coverage expires. It’s a savings of about 10%.
  • Discounts for Safe Drivers – Insureds without accidents can save up to 40% or more on their insurance coverage quote on MX-5 Miata insurance compared to accident prone drivers.
  • Bundled Policy Discount – If you insure your home and vehicles and insure them with the same company you will save at least 10 to 15 percent or more.
  • Anti-theft System – Vehicles that have factory alarm systems and tracking devices help deter theft and will qualify for a discount on a insurance coverage quote.
  • Military Deployment Discount – Having a deployed family member may qualify for rate reductions.

Keep in mind that some credits don’t apply to all coverage premiums. A few only apply to individual premiums such as medical payments or collision. Despite the fact that it seems like adding up those discounts means a free policy, you aren’t that lucky.

Large insurance coverage companies and some of their more popular discounts can be found below.

  • Geico offers premium reductions for military active duty, driver training, daytime running lights, five-year accident-free, defensive driver, and seat belt use.
  • Travelers may include discounts for IntelliDrive, home ownership, good student, student away at school, and multi-car.
  • Farm Bureau has savings for multi-vehicle, good student, safe driver, multi-policy, 55 and retired, renewal discount, and driver training.
  • Liberty Mutual offers discounts for safety features, multi-policy, new graduate, preferred payment discount, hybrid vehicle, multi-car, and new move discount.
  • American Family may offer discounts for good driver, good student, early bird, multi-vehicle, and mySafetyValet.
  • Progressive may have discounts that include online quote discount, continuous coverage, multi-policy, online signing, good student, and multi-vehicle.

Double check with all companies you are considering how you can save money. Some of the earlier mentioned discounts might not apply in your area.

How do I know if I need professional advice?

When it comes to choosing coverage for your vehicles, there is no cookie cutter policy. Everyone’s situation is unique and your policy should reflect that. These are some specific questions may help you determine if you may require specific advice.

  • How high should my medical payments coverage be?
  • I have health insurance so do I need medical payments coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Can I afford to pay high deductible claims out of pocket?
  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered by my spouse’s policy after a separation?

If you can’t answer these questions then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Car insurance coverages for a Mazda MX-5 Miata

Having a good grasp of insurance helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are the usual coverages found on the average insurance policy.

Liability

This provides protection from injuries or damage you cause to other’s property or people. It protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things like court costs, bail bonds, attorney fees and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as prosthetic devices, dental work and funeral costs. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. It covers you and your occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Collision protection

Collision coverage will pay to fix damage to your MX-5 Miata resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as driving through your garage door, crashing into a building, rolling your car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Mazda MX-5 Miata.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as fire damage, hitting a deer, damage from flooding, a tree branch falling on your vehicle and a broken windshield. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.