Finding low-cost insurance for your Mazda MX-5 Miata in Florida can turn out to be difficult, but you can use the following methods and make it easy.
There is a better way to buy car insurance and we'll show you the absolute fastest way to compare rates on a Mazda and find the lowest price from Orlando insurance agents and online providers.
Best Mazda MX-5 Miata insurance prices in Florida
The providers in the list below have been selected to offer price quotes in Orlando, FL. To locate cheap car insurance in Orlando, we recommend you get prices from several of them to get the cheapest price.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|MX-5 Miata Sport 2-Dr Convertible||$306||$612||$430||$26||$128||$1,502||$125|
|MX-5 Miata Touring 2-Dr Convertible||$226||$342||$464||$28||$140||$1,200||$100|
|MX-5 Miata Grand Touring 2-Dr Convertible||$226||$342||$464||$28||$140||$1,200||$100|
|Get Your Own Custom Quote Go|
Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Premium amounts do not factor in specific location information which can lower or raise coverage prices noticeably.
Rate comparison of male drivers versus female drivers
The illustration below shows the comparison of Mazda MX-5 Miata insurance rates for male and female drivers. The information is based on a clean driving record, no at-fault accidents, full physical damage coverage, $1,000 deductibles, marital status is single, and no policy discounts are applied.
How accidents and tickets impact rates
The illustration below highlights how speeding tickets and accidents can impact Mazda MX-5 Miata auto insurance rates for different age groups. The premiums assume a single female driver, full coverage, $250 deductibles, and no discounts are applied to the premium.
Eight Tips to Get Lower-cost Orlando Insurance Costs
Multiple criteria are part of the calculation when you get your auto insurance bill. Some are obvious like your driving record, but some are more obscure such as your credit history or your commute time.
Listed below are some of the things used by insurance companies to determine rates.
Your car's features help determine prices - Choosing a vehicle with a theft deterrent system can help lower your rates. Systems that thwart thieves like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft.
Do you have a high stress job? - Careers like doctors, executives and medical professionals generally pay higher premium rates due to intense work situations and incredibly demanding work hours. On the other hand, professions such as professors, athletes and performers pay the least.
Single drivers may have higher prices - Having a significant other helps lower the price compared to being single. Having a spouse may mean you are more mature and it's proven that married drivers tend to file fewer claims.
How's your driving record? - Your driving record influences premium rates substantially. Only having one ticket may increase your cost by as much as thirty percent. Good drivers pay lower auto insurance prices as compared to careless drivers. Drivers who have flagrant tickets such as DUI, reckless driving or excessive speeding may face state-mandated requirements to prove financial responsibility with their state DMV in order to keep their license.
Additional coverages that may be costing you - Policies have additional extra coverages that you can buy if you don't pay attention. Coverages for rental car reimbursement, towing, and extra equipment coverage may be costing you every month. These coverages may sound good when deciding what coverages you need, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
Safer cars cost less to insure - Safer cars can get you lower premiums. Highly rated vehicles protect occupants better and lower injury rates translates directly to fewer claims which can result in lower premiums. If your Mazda scored better than an "acceptable" rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may cost less to insure.
Are males or females drivers cheaper? - Statistics demonstrate that females tend to be a little less risky than males. It does not mean men are WORSE drivers than women. Both genders tend to get into at-fault accidents in similar percentages, but the males have costlier accidents. Men also get cited for more serious violations like DUI and reckless driving.
Your location is important - Choosing to live in smaller towns and rural areas of the country can be a good thing when insuring your vehicles. Fewer drivers and short commutes translates into fewer accidents in addition to lower liability claims City drivers tend to have more traffic problems and higher rates of accident claims. Higher commute times means more chances of being involved in an auto accident.
Mazda MX-5 Miata insurance loss data - Insurance companies use past loss statistics for each vehicle to help calculate a profitable premium price. Vehicles that are shown to have high amounts or severity of claims will have higher premium rates.
The information below illustrates the compiled insurance loss statistics for Mazda MX-5 Miata vehicles. For each policy coverage type, the loss probability for all vehicles combined as an average is considered to be 100. Numbers shown that are under 100 suggest losses that are better than average, while values over 100 point to more frequent losses or an increased likelihood of larger losses.
Insurance Loss Ratings for Mazda MX-5 Miata Vehicles
|Specific Mazda Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Mazda MX-5 Miata Convertible||76||61||74||72|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Get cheaper Mazda MX-5 Miata insurance in Orlando with discounts
Some insurance providers don't always advertise every possible discount very clearly, so the next list breaks down some of the best known and the harder-to-find credits available to lower your premiums when you buy Orlando car insurance online.
- Smart Student Discounts - A discount for being a good student could provide a savings of up to 20% or more. The good student discount can last up to age 25.
- Savings for New Vehicles - Buying insurance on a new vehicle can cost up to 25% less because newer vehicles keep occupants safer.
- College Student Discount - Older children who live away from home to go to college and do not take a car to college may be able to be covered for less.
- Renewal Discounts - A few larger companies give discounts for switching policies prior to your current MX-5 Miata insurance policy expiring. The savings is around 10%.
- Driver Safety - Taking part in a defensive driving course may get you a small discount if your company offers it.
- Payment Method - By paying your entire bill at once rather than spreading payments over time you may have a lower total premium amount.
- Discount for Life Insurance - If the company offers life insurance, you could get better premium rates if you take out a life policy as well.
- Fewer Miles Equal More Savings - Low mileage vehicles could earn better auto insurance rates on cars that stay parked.
You should keep in mind that most of the big mark downs will not be given to the whole policy. Most only apply to individual premiums such as liability and collision coverage. So when it seems like you could get a free auto insurance policy, you aren't that lucky.
A list of companies and a summarized list of policyholder discounts are detailed below.
- State Farm may have discounts that include good driver, student away at school, Steer Clear safe driver discount, multiple autos, good student, safe vehicle, and anti-theft.
- Nationwide offers premium reductions for accident-free, Farm Bureau membership, anti-theft, easy pay, business or organization, and multi-policy.
- GEICO has discounts for anti-lock brakes, good student, seat belt use, anti-theft, air bags, defensive driver, and multi-vehicle.
- AAA policyholders can earn discounts including good student, anti-theft, multi-car, education and occupation, good driver, and pay-in-full.
- 21st Century offers discounts including 55 and older, teen driver, automatic seat belts, air bags, student driver, and early bird.
- The Hartford has savings for bundle, air bag, good student, anti-theft, and defensive driver.
Double check with every prospective company how you can save money. Some discounts listed above might not apply in Orlando. To see insurance companies that offer discounts in Florida, click this link.
Independent versus exclusive auto insurance agents
A small number of people prefer to talk to an insurance agent and we recommend doing that Insurance agents are trained to spot inefficiencies and will help you if you have claims. A nice benefit of comparing insurance online is the fact that you can find the lowest rates but still work with a licensed agent. Putting coverage with local insurance agents is especially important in Orlando.
To make it easy to find an agent, after completing this form (opens in new window), your coverage information is emailed to agents in your area who will give you quotes to get your business. There is no need to contact any insurance agencies since price quotes are sent immediately to you. If for some reason you want to compare prices for a specific company, just find their quoting web page to submit a rate quote request.
When researching a local Orlando insurance agent, there are a couple of types of agencies and how they can write your policy. Insurance agents are categorized either exclusive or independent agents depending on their company appointments. Both sell insurance policies, but it's important to point out how they differ because it can impact buying decisions.
These agents are appointed with more than one company so they have the ability to put coverage through many companies depending on which coverage is best. If your premiums go up, your agent can switch companies without you having to go to a different agency.
When searching for an agent, we recommend you compare quotes from at least one independent agent in order to have the best price comparison. Most independent agents also contract with small mutual carriers that many times have cheaper rates.
Listed below is a partial list of independent insurance agencies in Orlando that may be able to provide price quote information.
- The Perry Group Inc - Aflac Insurance Agent
1650 W Sand Lake Rd #201 - Orlando, FL 32809 - (407) 438-8180 - View Map
- Bud Redditt Insurance Agency Inc
1716 W Colonial Dr - Orlando, FL 32804 - (407) 855-6797 - View Map
- WEGO Insurance Agency, Inc
520 N Semoran Blvd #270 - Orlando, FL 32807 - (407) 476-7972 - View Map
Exclusive Insurance Agencies
Agents that elect to be exclusive normally can only provide a single company's rates and some examples include State Farm, AAA, and Liberty Mutual. They generally cannot shop your coverage around so always compare other rates. Exclusive agents are trained well on the products they sell which can be an advantage. Drivers often buy from the same agent for years partially due to the prominent brand name rather than low price.
Listed below are Orlando exclusive agencies that can give you comparison quotes.
- R J Allen - State Farm Insurance Agent
8255 Lee Vista Blvd C - Orlando, FL 32829 - (407) 823-7900 - View Map
- Allstate Insurance: Polette Hernandez Gardner
2606 E Robinson St - Orlando, FL 32803 - (407) 380-0083 - View Map
- Justin Bauknight - State Farm Insurance Agent
2507 Curry Ford Rd - Orlando, FL 32806 - (407) 898-2041 - View Map
Finding a good car insurance agent should include more criteria than just a cheap price. A good agent in Orlando will have answers to these questions.
- Do they have cheaper tiers of coverage?
- Are they paid to recommend certain coverages?
- Can they help ensure a fair claim settlement?
- Is the quote a firm price?
- Are there any discounts for paying up front?
- Does the agent have a valid license to sell insurance in Florida?
- What insurance company do they write the most business with?
After talking to the agent and getting positive responses to your questions as well as a price you're happy with, it's possible that you found an auto insurance agent that will insure your vehicles. Just be aware that you can cancel your coverage for any reason so don't think that you are obligated to the insurance policy indefinitely.
Do drivers who switch really save $476 a year?
Florida drivers get pounded daily by advertisements that claim the lowest prices by companies like State Farm, Allstate and GEICO. They all make the same claim that drivers can save some big amount if you switch to them.
It sounds good, but how can they all charge you less for car insurance? You have to listen carefully.
Companies have a preferred profile for the type of insured they prefer to insure. For example, a driver they prefer may be between the ages of 30 and 50, has a low-risk occupation, and insures a new vehicle. Any customer that meets those criteria may get the lowest prices in Orlando and will save when they switch companies.
Drivers who do not match those standards may be forced to pay a higher rate which translates to the customer not buying. The wording the ads use say "drivers who switch" not "everybody who quotes" save that much money. This is how companies can claim big savings.
Because each company has a different risk profile, you absolutely need to get price quotes at each policy renewal. Because you cannot predict with any certainty which company will have the best rates for your profile.
Everyone needs different insurance coverages
When buying a policy for your vehicles, there is no best way to insure your cars. You are unique.
Here are some questions about coverages that may help highlight whether or not you might need an agent's assistance.
- Are rock chip repairs covered?
- Should I rate my Mazda MX-5 Miata as pleasure use or commute?
- Do I need an umbrella policy?
- Should I buy more coverage than the required Florida minimum liability coverage?
- What is the difference between personal and commercial auto insurance policies?
- Do I need added coverage for expensive stereo equipment?
If you're not sure about those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It is quick, free and can help protect your family.
More quotes mean more auto insurance savings
Budget-conscious Mazda MX-5 Miata insurance can be sourced on the web and with local Orlando insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. There are still a few companies who do not offer the ability to get a quote online and these small, regional companies prefer to sell through independent insurance agents.
We just presented many ideas to find cheaper Mazda MX-5 Miata insurance in Orlando. The key concept to understand is the more companies you get prices for, the higher the chance of saving money. You may even find the lowest premium rates come from some of the smallest insurance companies.
Insureds who switch companies do it for any number of reasons including delays in paying claims, extreme rates for teen drivers, poor customer service or even high rates after DUI convictions. No matter why you want to switch, finding a new auto insurance company is pretty easy and you might even save some money in the process.
Helpful learning opportunities
- How to shop for a safer car (Insurance Institute for Highway Safety)
- How Much is Auto Insurance for Teenage Females in Florida? (FAQ)
- What is the Best Cheap Auto Insurance in Palm Bay, FL? (FAQ)
- What Insurance is Cheapest for a Kia Optima in Florida? (FAQ)
- Who Has Cheap Auto Insurance Rates for College Students in Florida? (FAQ)
- Who Has Cheap Florida Car Insurance for 17 Year Olds? (FAQ)
- What is the Cheapest Car Insurance in Jacksonville, Florida? (FAQ)
- Teen Driving and Texting (State Farm)
- Understanding Your Insurance Deductible (Insurance Information Institute)