Affordable Jersey City Mazda MX-5 Miata Insurance

Insurance quote for Mazda MX-5 Miata in Jersey CityIt’s easy to assume that car insurance companies want to keep you from comparing rates. Consumers who get comparison quotes at least once a year will most likely move their business because they stand a good chance of finding discount prices. A recent study showed that consumers who compared prices regularly saved $860 a year compared to those who never compared other company’s rates.

If finding the best rates on auto insurance is your objective, then having some insight into how to quote prices and compare coverage rates can make shopping around easier.

To save the most money, the best way to get affordable auto insurance rates in Jersey City is to begin comparing prices regularly from providers in New Jersey. Drivers can shop around by following these steps.

An essential thing to point out is to use the same liability limits and deductibles on every quote request and to quote with as many companies as possible. This enables the most accurate price comparison and a complete price analysis.

Just remember that comparing a wide range of rates helps improve the odds of finding more affordable rates.

The auto insurance companies shown below are ready to provide free rate quotes in Jersey City, NJ. To locate cheap auto insurance in Jersey City, we recommend you get rate quotes from several of them to find the most competitive auto insurance rates.

Why you need to buy auto insurance

Even though it can be expensive, maintaining insurance serves a purpose in several ways.

The benefits of having insurance are definitely more than the cost, particularly for liability claims. Unknowingly, the average driver overpays more than $810 a year so smart consumers compare quotes every year to help ensure money is not being wasted.

Mazda MX-5 Miata insurance rate analysis

The coverage information shown below highlights a range of policy rates for Mazda MX-5 Miata models. Understanding more about how insurance premiums are calculated is important for you to make informed decisions when comparing rates.


Mazda MX-5 Miata Insurance Rates in Jersey City, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $196 $372 $494 $30 $148 $1,240 $103
MX-5 Miata Touring 2-Dr Convertible $224 $452 $494 $30 $148 $1,348 $112
MX-5 Miata Grand Touring 2-Dr Convertible $224 $452 $494 $30 $148 $1,348 $112
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Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Premium amounts do not factor in vehicle location which can increase or decrease coverage prices noticeably.

Deductible comparison

When buying car insurance, a common question is which deductible level should you buy. The following tables help summarize how much more you’ll pay of buying low and high deductibles. The first rate table uses a $250 deductible for comprehensive and collision coverage and the second price chart uses a $1,000 deductible.


Mazda MX-5 Miata insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $324 $514 $408 $24 $122 $1,417 $118
MX-5 Miata Touring 2-Dr Convertible $372 $626 $408 $24 $122 $1,577 $131
MX-5 Miata Grand Touring 2-Dr Convertible $372 $626 $408 $24 $122 $1,577 $131
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Mazda MX-5 Miata insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $200 $324 $408 $24 $122 $1,078 $90
MX-5 Miata Touring 2-Dr Convertible $230 $394 $408 $24 $122 $1,178 $98
MX-5 Miata Grand Touring 2-Dr Convertible $230 $394 $408 $24 $122 $1,178 $98
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Premium amounts do not factor in your specific Jersey City location which can change price quotes greatly.

We can estimate from the data above that using a $250 deductible costs about $32 more each month or $384 every year averaged for all MX-5 Miata models than selecting the higher $1,000 deductible. Because you would be required to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 23 months between claims, you would probably save some money if you choose a higher deductible.

Calculation for raising deductibles

Average monthly premium for $250 deductibles: $127
Average monthly premium for $1,000 deductibles (subtract): – $95
Monthly savings from raising deductible: $32
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

Mazda MX-5 Miata insurance costs by age and gender

The chart below illustrates the difference between Mazda MX-5 Miata auto insurance rates for male and female drivers. The data assumes no claims or driving violations, full physical damage coverage, $250 deductibles, single marital status, and no policy discounts are applied.

These seven discounts can lower your insurance quotes

Insuring your vehicles can cost a lot, but you might find some hidden discounts to cut the cost considerably. A few discounts will automatically apply at the time of quoting, but some must be asked for before you get the savings.Insurance discounts

A little disclaimer on discounts, most discounts do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like it’s possible to get free car insurance, nobody gets a free ride. But all discounts will cut the cost of coverage.

The information below illustrates the comparison of Mazda MX-5 Miata yearly insurance costs with and without discounts being applied to the rates. The premium estimates are based on a female driver, no violations or claims, New Jersey state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-car, marriage, multi-policy, and safe-driver discounts applied.

Popular insurance companies and a summarized list of policyholder discounts can be read below.

Double check with every prospective company how many discounts you can get. Some discounts may not apply to policies in every state. To find providers who offer free Mazda MX-5 Miata insurance quotes in Jersey City, click here.

When to get professional advice

When selecting your policy, there really is no one-size-fits-all type of policy. Everyone’s situation is a little different.Safe vehicles cost less to insure

These are some specific questions may help highlight if your situation may require specific advice.

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form.