2005 Mazda Mazdaspeed MX-5 Miata Car Insurance Quotes

Looking for cheaper auto insurance rates for your Mazda Mazdaspeed MX-5 Miata? No one likes buying auto insurance, especially when they are aware that they are paying too much.

Many car insurance companies compete to insure your vehicles, so it’s not easy to compare every company and uncover the absolute best rates possible.

The easiest way to compare car insurance company rates is to realize most insurance companies have advanced systems to compare their rates. To get started, all you need to do is provide a little information such as whether you drive to work or school, if a SR-22 is needed, the ages of drivers, and your credit rating estimate. Your insurance information gets sent immediately to multiple companies and they return rate quotes quickly.

How much car insurance do I need?

When it comes to buying coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Every situation is different so this has to be addressed. For example, these questions may help highlight if your insurance needs might need professional guidance.

  • Am I covered when driving someone else’s vehicle?
  • How much liability insurance is required?
  • Am I covered when delivering products for my home-based business?
  • How do I buy GAP insurance?
  • Why do I only qualify for high-risk insurance?
  • Where can I find high-risk insurance?
  • How much can I save by bundling my policies?
  • Where can I find DUI or SR-22 insurance?

If you can’t answer these questions then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Specific coverages for a Mazda Mazdaspeed MX-5 Miata

Understanding the coverages of your car insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages available from car insurance companies.

Coverage for uninsured or underinsured drivers

This gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2005 Mazda Mazdaspeed MX-5 Miata.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Liability coverages

This can cover injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability insurance covers claims like medical expenses, attorney fees, court costs and medical services. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for expenses such as dental work, hospital visits and EMT expenses. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Coverage for collisions

Collision insurance pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as driving through your garage door, colliding with another moving vehicle, hitting a parking meter, damaging your car on a curb and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive car insurance

Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a deer, theft, fire damage, a broken windshield and rock chips in glass. The most your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.