Searching for better insurance prices for a Mazda MX-5 Miata in Texas can turn out to be difficult, but you can learn the following methods and make it easy.
There are more efficient ways to compare auto insurance rates so we're going to tell you the absolute fastest way to get price quotes on a Mazda and obtain the lowest possible price from both online companies and San Antonio agents.
Low Cost Mazda insurance price quotes in San Antonio
The companies in the list below have been selected to offer quotes in San Antonio, TX. If more than one company is shown, we recommend you compare several of them in order to find the most competitive rates.
Analysis of Mazda MX-5 Miata rates
The rate information displayed below showcases detailed analysis of insurance premium costs for Mazda MX-5 Miata models. Understanding how insurance prices are established can be valuable when making smart choices when choosing a car insurance company.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|MX-5 Miata Sport 2-Dr Convertible||$162||$280||$310||$18||$94||$864||$72|
|MX-5 Miata Touring 2-Dr Convertible||$186||$340||$310||$18||$94||$948||$79|
|MX-5 Miata Grand Touring 2-Dr Convertible||$186||$340||$310||$18||$94||$948||$79|
|Get Your Own Custom Quote Go|
Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Rates do not factor in the specific area where the vehicle is garaged which can affect coverage prices noticeably.
Does full coverage make sense?
The chart below illustrates the comparison of Mazda MX-5 Miata car insurance rates with and without physical damage coverage. The rate quotes are based on no violations or accidents, $1,000 deductibles, marital status is single, and no discounts are factored in.
When to drop full coverage
There is no clear-cut rule to stop paying for physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is 10% or more of the vehicle's replacement cost less your deductible, then it's probably a good time to buy liability coverage only.
For example, let's assume your Mazda MX-5 Miata settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $8,000 after paying your deductible. If premium cost is more than $800 a year for comprehensive and collision coverage, then you may need to consider dropping full coverage.
There are some conditions where eliminating full coverage is not a good plan. If you still have a loan on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.
Reduce your auto insurance rates with discounts
Some insurers don't always list every available discount in a way that's easy to find, so the list below contains some of the best known as well as some of the hidden credits that you can use to lower your rates. If you're not getting every credit you deserve, you are just wasting money.
- Lower Rates for Military - Having an actively deployed family member may qualify for rate reductions.
- Senior Citizen Discount - If you're over the age of 55, you can get a small decrease in premiums.
- ABS Braking Discount - Cars equipped with ABS or steering control can avoid accidents and will save you 10% or more on MX-5 Miata insurance in San Antonio.
- Bundled Policy Discount - If you can combine your homeowners and auto policy with the same company you could save as much as 10 to 15 percent.
- Multi-Vehicle Discounts - Buying insurance for primary and secondary vehicles with the same company can reduce rates for all insured vehicles.
Discounts reduce rates, but you should keep in mind that most discounts do not apply to the whole policy. A few only apply to the price of certain insurance coverages like comp or med pay. So when it seems like it's possible to get free car insurance, nobody gets a free ride. But all discounts will help lower your policy premiums.
The information below shows the comparison of Mazda MX-5 Miata auto insurance rates with and without discounts applied to the rates. The information is based on a female driver, no claims or violations, Texas state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, claim-free, marriage, and multi-car discounts applied.
Some of the insurance companies that may include these benefits possibly include:
When comparing rates, check with each company or agent which discounts you qualify for. Discounts may not be available in San Antonio.
What insurance coverages do I need?
Always keep in mind that when comparing a policy, there isn't really a "perfect" insurance plan. Your situation is unique and your car insurance should be unique as well. For example, these questions can aid in determining whether you will benefit from professional help.
- Am I covered if I crash into my own garage door?
- Do I pay less if my vehicle is kept in my garage?
- What does medical payments coverage do?
- Why do I have to buy liability insurance?
- What is the rate difference between pleasure use and commuting?
- Am I covered when driving someone else's vehicle?
If you don't know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.
Local San Antonio insurance agents and auto insurance
A lot of people would prefer to sit down and talk to an agent and that is OK! Professional insurance agents are very good at helping people manage risk and help file insurance claims. The biggest benefit of comparing auto insurance online is you can get lower rates and still have an agent to talk to. Buying insurance from neighborhood insurance agencies is important especially in San Antonio.
To find an agent, once you fill out this quick form, your insurance data is sent to local insurance agents who can give free rate quotes for your business. You won't even need to leave your computer due to the fact that quote results will go to the email address you provide. If you need to compare prices from a particular provider, don't hesitate to search and find their rate quote page and fill out their quote form.
When finding a local agent, you need to know there are two different types of agencies and how they operate. Auto insurance policy providers are categorized either independent or exclusive. Both types can sell and service auto insurance coverage, but it's worth mentioning how they differ because it can influence the kind of agent you use.
Independent Insurance Agents
Agents in the independent channel are not limited to a single company so they can write business with an assortment of companies and find you cheaper rates. If premiums increase, an independent agent can move your coverage which requires no work on your part.
When comparing auto insurance rates, it's a good idea to include price quotes from several independent insurance agents to get the most accurate price comparison. Most also write with less well-known companies that can offer cheaper rates than bigger companies.
The following are independent insurance agencies in San Antonio who may provide pricing information.
- Garcia Insurance Agency
1255 SW Military Dr - San Antonio, TX 78221 - (210) 593-8935 - View Map
- Mesquite Insurance Agency
501 W Quincy St - San Antonio, TX 78212 - (210) 472-3034 - View Map
- Ellis Insurance Agency
15335 San Pedro Ave - San Antonio, TX 78232 - (210) 979-9000 - View Map
Exclusive Insurance Agencies
Exclusive insurance agents write business for a single company and some examples include State Farm or Allstate. They are unable to give you multiple price quotes so they have no alternatives for high prices. Exclusive agents receive extensive training on sales techniques which aids in selling service over price. Some people will only buy from exclusive agents mainly due to the brand name and strong financial ratings.
The following are San Antonio exclusive agencies willing to provide price quote information.
- Jaime Luna - State Farm Insurance Agent
9719 Poteet Jourdanton Fwy Ste 103 - San Antonio, TX 78211 - (210) 927-5862 - View Map
- GEICO Insurance Agent
8910 Bandera Rd #110 - San Antonio, TX 78250 - (210) 673-2391 - View Map
- Sonia Flores - State Farm Insurance Agent
3103 SE Military Dr #102 - San Antonio, TX 78223 - (210) 333-1030 - View Map
Finding the right auto insurance agent shouldn't rely on just a cheap quote. Some important questions to ask are:
- Can you choose the body shop in case repairs are needed?
- Will the agent or a CSR service your policy?
- Does the company have a solid financial rating?
- How is replacement cost determined on your vehicle?
- Will the agent help in case of a claim?
- Does the company use OEM repair parts?
- What discounts might you be missing?
- Do they specialize in personal lines coverage in San Antonio?
We just presented a lot of information how to save on Mazda MX-5 Miata insurance in San Antonio. The most important thing to understand is the more quotes you get, the better likelihood of getting affordable Mazda MX-5 Miata insurance quotes. You may even find the biggest savings come from a lesser-known regional company. Regional companies may cover specific market segments cheaper compared to the large companies like State Farm or Progressive.
As you shop your coverage around, it's very important that you do not reduce needed coverages to save money. There are a lot of situations where drivers have reduced full coverage to discover at claim time they didn't have enough coverage. Your objective should be to buy enough coverage for the lowest price, but don't skip important coverages to save money.
To learn more, take a look at the articles below:
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Who Has Cheap Car Insurance for a Nissan Rogue in San Antonio? (FAQ)
- How Much is San Antonio Auto Insurance for a Chevrolet Equinox? (FAQ)
- Who Has Cheap Car Insurance for Active Military in San Antonio? (FAQ)
- Auto Insurance FAQ (Farmers Insurance)
- Get the Right Protection (InsureUonline.org)