1999 Mazda MX-5 Miata Insurance Rates – 5 Tips for Cheaper Quotes

Looking for better car insurance rates for your Mazda MX-5 Miata? Overpriced Mazda MX-5 Miata insurance can empty your bank account and make it impossible to make ends meet. Comparison shopping is free and is an excellent way to help make ends meet.

Because there are so many options, it’s nearly impossible to find the lowest price insurance company.

You need to do rate comparisons periodically because rates go up and down regularly. Despite the fact that you may have had the best rates on MX-5 Miata coverage on your last policy other companies may now be cheaper. Forget all the misinformation about car insurance because we’re going to demonstrate the best way to eliminate unnecessary coverages and save money.

How to Compare Auto Insurance

To find the best auto insurance prices, there are several ways to compare quotes from local auto insurance companies. The quickest method to compare 1999 Mazda MX-5 Miata insurance prices is simply to get online rate quotes. This is very easy and can be done in several different ways.

The most efficient way to compare a lot of rates at once is a comparison rater form like this one (opens in new window). This form saves time by eliminating repetitive form submissions for every auto insurance company. Taking the time to complete one form will return quotes from auto insurance companies with the best prices.

A more time consuming way to obtain and compare quotes online requires visiting the website of each company to complete a price quote. For example, we’ll pretend you want rates from Auto-Owners, Progressive and GMAC. To get each rate you have to take the time to go to each site and enter your information, which is why the first method is quicker.

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

The most time-consuming way of comparing rate quotes is to spend time driving to local insurance agencies. The internet can eliminate the need for a local agent unless you want the personal advice of a local agent. It is possible to obtain prices from the web and still use a local agent.

Which method you use is up to you, but ensure you are comparing apples-to-apples coverages for each price quote. If you have differing limits it’s impossible to find the best deal for your Mazda MX-5 Miata. Quoting even small variations in coverage limits can mean a large discrepancy in price. And when comparing auto insurance rates, know that having more price comparisons helps locate the best price.

Save big with these five discounts

Companies don’t always publicize all available discounts in an easy-to-find place, so we break down both well-publicized and the harder-to-find savings tricks you should be using.

  • Safe Drivers – Drivers who avoid accidents may save up to 50% more on MX-5 Miata coverage than drivers with accidents.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy could earn a price break for each car.
  • Discount for New Cars – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Use Seat Belts – Drivers who require all occupants to use their safety belts could save 15% off your medical payments premium.
  • College Student – Children living away from home attending college without a vehicle on campus can be insured at a reduced rate.

Keep in mind that most credits do not apply to all coverage premiums. A few only apply to specific coverage prices like medical payments or collision. So even though they make it sound like you can get free auto insurance, you won’t be that lucky.

Companies that may offer these money-saving discounts may include but are not limited to:

Double check with each insurance company how you can save money. All car insurance discounts might not apply in your area.

But I don’t know anything about car insurance

When choosing proper insurance coverage, there is no “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions may help you determine if your insurance needs might need an agent’s assistance.

  • What vehicles should carry emergency assistance coverage?
  • Why am I required to buy high-risk coverage?
  • When should I remove comp and collision on my 1999 Mazda MX-5 Miata?
  • Does my personal policy cover me when driving out-of-state?
  • Is motorclub coverage worth it?
  • What is medical payments coverage?
  • Is rental equipment covered for theft or damage?
  • How much liability insurance is required?
  • Do I need replacement cost coverage on my 1999 Mazda MX-5 Miata?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Auto insurance coverage information

Learning about specific coverages of a insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are the usual coverages found on the average insurance policy.

Auto liability

This provides protection from injuries or damage you cause to people or other property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims such as medical services, court costs, repair bills for other people’s vehicles and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from flooding, a tree branch falling on your vehicle, hail damage, a broken windshield and hitting a bird. The most a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage protection

This coverage will pay to fix damage to your MX-5 Miata resulting from a 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 colliding with a tree, sideswiping another vehicle, colliding with another moving vehicle, hitting a mailbox and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like prosthetic devices, hospital visits, rehabilitation expenses and EMT expenses. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Mazda MX-5 Miata.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Quote more. Save more.

In this article, we covered a lot of techniques to lower your 1999 Mazda MX-5 Miata insurance rates. The key thing to remember is the more you quote, the better your comparison will be. You may even discover the biggest savings come from a company that doesn’t do a lot of advertising. They may only write in your state and offer lower rates as compared to the big name companies such as Geico and State Farm.

As you shop your coverage around, never skimp on coverage in order to save money. There have been many cases where someone sacrificed physical damage coverage and learned later that the few dollars in savings costed them thousands. Your focus should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.

Cost effective insurance can be found online and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies do not offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

Additional insurance coverage information is located at the links below