How Much Does 1999 Mazda MX-5 Miata Insurance Cost?

No sane person loves paying for car insurance, especially when it costs too dang much. Due to the increasing number of companies to choose from, it is very difficult to locate the lowest price company.

How to buy insurance online

Finding more affordable insurance quotes can be surprisingly simple. The only thing you need to do is take the time comparing free auto insurance quotes from some recommended companies. Rate comparisons can be done in just a few minutes using one of these methods.

The fastest way to find the lowest comparison rates is an all-inclusive rate comparison click to view form in new window. This style of form eliminates the need for separate quote forms for every company. A single, simple form gets you price quotes from several companies.

A less efficient way to find more affordable insurance is spending the time to visit the website of each company and fill out a new quote form. For instance, we’ll assume you want to see prices from Progressive, Geico and State Farm. To get rate quotes you would need to navigate to each company’s site and repeatedly type in your coverage information, which explains why we recommend starting with the first method.

To view a list of companies in your area, click here.

The least efficient method of comparing rate quotes is actually driving to insurance agents’ offices. Doing it all online has made agencies unnecessary unless you have a complicated situation and need the peace of mind of an agent trained in personal lines coverage. Although you can price shop online but have a local agent actually write the policy.

You can use whichever method you prefer to find lower rates, just be sure to compare the same coverages and limits on every quote you get. If the quotes have higher or lower deductibles then you won’t be able to make an equal comparison.

Insurance coverage discounts are available to lower your rates

Some insurance providers do not list all disounts very clearly, so the list below gives a summary of both well-publicized as well as the least known credits that you can use to lower your rates.

• Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of 25 to 30%.
• Clubs and Organizations – Belonging to specific professional or occupational memberships or organizations can get you a small discount on your next insurance coverage statement.
• Own a Home – Owning your own home or condo can help you save on insurance coverage since owning and maintaining a home requires a higher level of personal finance.
• Multiple Cars – Buying insurance for primary and secondary vehicles on the same insurance coverage policy could earn a price break for each car.
• Pay Upfront and Save – If you can afford to pay the entire bill rather than spreading payments over time you may have a lower total premium amount.
• College Student Discount – who are enrolled in higher education away from home and don’t have a car may be insured at a cheaper rate.
• Senior Citizen Discount – Drivers that qualify as senior citizens may receive a small decrease in premiums on MX-5 Miata coverage.
• Military Discounts – Having a deployed family member may lower your prices slightly.
• Low Miles Discount – Driving fewer miles can earn lower prices due to less chance of an accident.

It’s important to note that most discount credits are not given to the entire cost. A few only apply to the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

Large insurance coverage companies and a summarized list of policyholder discounts are included below.

• Progressive offers premium reductions for online signing, multi-vehicle, online quote discount, homeowner, good student, and multi-policy.
• Geico may have discounts that include daytime running lights, good student, five-year accident-free, anti-theft, membership and employees, federal employee, and emergency military deployment.
• State Farm may include discounts for good student, student away at school, Drive Safe & Save, Steer Clear safe driver discount, safe vehicle, and defensive driving training.
• Esurance policyholders can earn discounts including Pac-12 alumni, defensive driver, multi-car, safety device, multi-policy, and claim free.
• The Hartford has discounts for air bag, driver training, defensive driver, vehicle fuel type, bundle, good student, and anti-theft.

Before buying, ask every prospective company to give you their best rates. Some of the discounts discussed earlier may not apply in your area.

Learn how to find car insurance more affordably

Lots of factors are used when premium rates are determined. A few of the factors are predictable such as your driving history, but others are more transparent such as your marital status or how financially stable you are.Smart consumers have a good feel for some of the elements that go into determining your car insurance rates. If you have some idea of what positively or negatively impacts your premiums, this enables informed choices that can earn you lower premium levels.

Listed below are some of the factors companies use to determine your rates.

• A coverage lapse can increase premiums – Not maintaining insurance can get your license suspended and you may have a hard time finding new coverage because you let your coverage have a gap. In addition to paying higher rates, being ticketed for driving with no insurance might get you fines or a revoked license.
• Insurance is expensive for youthful drivers – Teen drivers have a tendency to be more careless behind the wheel so car insurance rates are higher. Having to add a first-time driver onto a policy can be quite pricey. Older, more experienced drivers are more responsible, cause fewer claims and accidents .
• Where you call home is a factor – Residing in smaller towns and rural areas of the country has definite advantages when insuring your vehicles. Less people translates into fewer accident claims and a lower car theft rate. Residents of big cities have to deal with more traffic problems and longer commute times. The longer drive time translates into higher accident risk.
• Save money by having multiple policies – Most larger insurance companies give a discount to clients that have more than one policy in the form of a multi-policy discount. Even with this discount, it’s still a good idea to compare other company rates to help guarantee you have the best rates.
• Raising comp and collision deductibles lowers costs – Comprehensive and collision coverage deductibles are the amount of money you are willing to pay if a claim is determined to be covered. Insurance for physical damage to your car, also called comprehensive and collision insurance, is used to repair damage to your car. Examples of covered claims are collision with another vehicle, fire damage, and having a roll-over accident. The more of the claim the insured is willing to pay, the bigger discount you will receive on MX-5 Miata coverage.
• Cheaper car insurance rates with safer cars – Vehicles with high crash test scores tend to be cheaper to insure. Vehicles engineered for safety result in less severe injuries and reduced instances of injuries means less money paid by your insurance company and cheaper rates on your policy.

Everyone needs different insurance coverages

When it comes to choosing the best insurance coverage, there really is not a “best” method to buy coverage. Every situation is different and your policy should reflect that. Here are some questions about coverages that could help you determine if you would benefit from professional advice.

• Is there coverage for injuries to my pets?
• When should I drop full coverage on my 1999 Mazda MX-5 Miata?
• Does my car insurance cover rental cars?
• Do I need roadside assistance coverage?
• What if I don’t agree with a claim settlement offer?
• Is pleasure use cheaper than using my 1999 Mazda MX-5 Miata to commute?
• Is business equipment covered while in my vehicle?
• Do I need special endorsements for business use of my vehicle?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It’s fast, free and can help protect your family.

Are insurance companies telling the truth?

Consumers can’t escape the ads that claim the lowest rates from companies such as Allstate and Progressive. They all seem to make the point about savings if you switch your policy.

How does every company charge lower premium rates? It’s all in the words they use.

Many companies offer their best rates for the driver they prefer to insure. For example, a driver they prefer might have to be a married male, has never had a claim, and drives newer vehicles. Anybody that fits those parameters will get low rates and will also save some money.

People who are not a match for those standards will get a higher premium which leads to business going elsewhere. If you listen closely, the ads state “customers who switch” not “everyone who quotes” save that much. That is how insurance companies can make those claims. Different companies use different criteria so you need to get price quotes at each policy renewal. It’s not possible to predict the company that will have the best rates.

Car insurance 101

Knowing the specifics of your policy helps when choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverage types offered by car insurance companies.

Liability car insurance

This can cover damage that occurs to people or other property that is your fault. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims such as medical services, pain and suffering, emergency aid, funeral expenses and medical expenses. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as rehabilitation expenses, doctor visits, dental work and chiropractic care. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Comprehensive (Other than Collision)

This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like falling objects, damage from flooding, a tree branch falling on your vehicle, vandalism and hitting a bird. The most your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Collision coverage protection

This coverage will pay to fix damage to your MX-5 Miata caused by collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as sustaining damage from a pot hole, scraping a guard rail, backing into a parked car, colliding with another moving vehicle and crashing into a building. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Shop smart and save

When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There are many occasions where someone dropped uninsured motorist or liability limits and discovered at claim time that the few dollars in savings costed them thousands. The aim is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

Cost effective 1999 Mazda MX-5 Miata insurance is attainable from both online companies as well as from insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some companies do not offer online quoting and many times these small, regional companies sell through local independent agents.

For more information, take a look at the following helpful articles:

• Red Light Cameras (State Farm)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Anti-Lock Brake FAQ (iihs.org)
• Prom Night Tips for Teen Drivers (State Farm)