2016 Mazda MX-5 Miata Insurance Rates – 6 Tips for Best Quotes

Want better insurance rates for your Mazda MX-5 Miata? Trying to come up with a payment for pricey insurance can draw down your accounts and put the squeeze on your family’s finances. Since drivers have many insurance companies to choose from, it can be diffult for people to find a lower cost insurer.

The best way to compare insurance rates in your area is to know most of the bigger providers participate in a system to provide you with a free rate quote. The only thing you need to do is give them rating details including the type of vehicles you drive, any included safety features, your job, and level of coverage desired. That rating data is then sent to many of the top insurers and they return cost estimate with very little delay.

To check rates for your 2016 Mazda MX-5 Miata now, click here and find out if you can get cheaper insurance.

Take these six policy discounts and save

Companies that sell car insurance don’t always publicize every disount available in an easy-to-find place, so the list below gives a summary of some of the best known in addition to some of the lesser obvious discounts that may be available.

  • Bundled Policy Discount – When you have multiple policies and insure them with the same company you could get a discount of approximately 10% to 15%.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle up can save 10% or more off PIP or medical payments premium.
  • Pay Early and Save – If you can afford to pay the entire bill rather than spreading payments over time you could save up to 5%.
  • Multi-car Discount – Purchasing coverage when you have multiple vehicles on a single policy may reduce the rate for each vehicle.
  • Senior Discount – Seniors may receive a slight reduction on a car insurance quote on MX-5 Miata coverage.
  • Defensive Driver Discount – Taking time to complete a course that instructs on driving safety is a good idea and can lower rates and make you a better driver.

As a footnote on discounts, most of the big mark downs will not be given the the whole policy. A few only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, you’re out of luck.

Companies and the discounts they provide are shown below.

  • Progressive offers discounts for online signing, multi-policy, continuous coverage, multi-vehicle, homeowner, online quote discount, and good student.
  • GEICO may include discounts for good student, multi-policy, military active duty, emergency military deployment, and federal employee.
  • State Farm discounts include student away at school, accident-free, driver’s education, passive restraint, and good student.
  • Esurance offers discounts including good driver, safety device, claim free, Pac-12 alumni, and homeowner.
  • The Hartford has discounts for vehicle fuel type, good student, defensive driver, driver training, anti-theft, air bag, and bundle.

If you are trying to find low cost car insurance quotes, ask every prospective company which discounts you qualify for. Some credits may not be available in your area. If you would like to see a list of providers that offer multiple discounts, follow this link.

Which policy gives me the best coverage?

When choosing the right insurance coverage, there is no perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. For instance, these questions could help you determine whether your personal situation would benefit from professional advice.

  • Are there companies who specialize in insuring high-risk drivers?
  • Can I drive in Mexico and have coverage?
  • Should I have combined single limit or split liability limits?
  • Do I have coverage if my license is suspended?
  • What can I do if my company won’t pay a claim?
  • When does my teenage driver need to be added to my policy?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.

Specifics of your car insurance policy

Understanding the coverages of your car insurance policy can help you determine the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are the normal coverages found on the average car insurance policy.

Comprehensive coverages

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, rock chips in glass and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage

This coverage pays to fix your vehicle from damage from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like backing into a parked car, rolling your car, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Liability auto insurance

Liability coverage provides protection from damage or injury you incur to a person or their property in an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against things like pain and suffering, bail bonds, medical services and loss of income. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Normally these coverages are identical to your policy’s liability coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for short-term medical expenses such as pain medications, doctor visits, funeral costs and dental work. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Cheaper insurance is a realistic goal

Throughout this article, we presented a lot of ways to save on 2016 Mazda MX-5 Miata insurance. The key thing to remember is the more you quote car insurance, the better your chances of lowering your rates. You may even find the most savings is with a small mutual company. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as State Farm, GEICO and Nationwide.

When you buy car insurance online, make sure you don’t buy poor coverage just to save money. There are too many instances where consumers will sacrifice liability coverage limits and learned later that the small savings ended up costing them much more. Your strategy should be to find the BEST coverage at the best cost, but do not sacrifice coverage to save money.

Cheaper 2016 Mazda MX-5 Miata insurance is available both online and with local insurance agents, so get free car insurance quotes from both of them so you have a total pricing picture. Some insurance companies may not provide rate quotes online and usually these regional insurance providers sell through independent insurance agencies.

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