Affordable Rate Quotes for Mazda MX-5 Miata Insurance in San Francisco

Insurance for Mazda MX-5 MiataThe recommended way to find the cheapest price for auto insurance rates is to do an annual price comparison from insurance carriers in San Francisco.

First, try to understand car insurance and the factors you can control to prevent expensive coverage. Many factors that result in higher rates like your driving record and a bad credit rating can be improved by being financially responsible and driving safely. This article provides additional ideas to prevent rate hikes and find possible discounts that are available.

Second, quote rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO or Farmers Insurance, while independent agencies can quote prices for a wide range of companies. View insurance agents

Third, compare the quotes to your current policy to determine if switching companies saves money. If you can save money and buy the policy, make sure there is no coverage gap between policies.

The most important part of shopping around is to make sure you enter similar deductibles and liability limits on each quote request and and to get price estimates from as many companies as possible. This provides a fair price comparison and plenty of rates choose from.

Anyone knows that car insurance companies don’t want you shop around. Insureds who shop rates annually are very likely to move their business because they have a good chance of finding discount prices. A recent car insurance study discovered that people who compared prices once a year saved approximately $865 annually compared to people who never shopped around for better prices.

If finding discount rates on auto insurance is the reason you’re here, then having an understanding of how to get price quotes and compare insurance rates can make it easier to find better rates.

If you already have coverage or are looking for a new policy, you can learn to get lower rates while maintaining coverages. This article’s goal is to teach you a little about the best way to quote coverages and some tricks to saving. Drivers just have to understand the most efficient way to compare rates using one simple form.

How Your MX-5 Miata Insurance Prices are Determined

Multiple criteria are used in the calculation when pricing auto insurance. Some factors are common sense such as your driving history, but some are more transparent like your continuous coverage or your vehicle rating. When buying insurance it’s important to understand a few of the rating criteria that come into play when calculating the rates you pay for insurance. If you have a feel for what controls the rates you pay, this allows you to make good choices that could result in lower rates.

The factors shown below are a partial list of the pieces that factor into premiums.

Rates and detailed analysis

The information displayed next highlights different coverage costs for Mazda MX-5 Miata models. Learning more about how insurance policy premiums are calculated can benefit drivers when making informed decisions when shopping around for a new policy.

Mazda MX-5 Miata Insurance Rates in San Francisco, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $158 $306 $424 $26 $128 $1,042 $87
MX-5 Miata Touring 2-Dr Convertible $182 $372 $424 $26 $128 $1,132 $94
MX-5 Miata Grand Touring 2-Dr Convertible $182 $372 $424 $26 $128 $1,132 $94
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Estimates do not factor in your specific San Francisco location which can change coverage prices substantially.

Physical damage deductibles: Should you raise them?

One common question asked by San Francisco drivers is how high should the deductibles for physical damage be. The comparison tables below can help illustrate the differences in premium rates of buying low and high deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.

Mazda MX-5 Miata insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $298 $472 $376 $22 $112 $1,305 $109
MX-5 Miata Touring 2-Dr Convertible $342 $576 $376 $22 $112 $1,453 $121
MX-5 Miata Grand Touring 2-Dr Convertible $342 $576 $376 $22 $112 $1,453 $121
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Mazda MX-5 Miata insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $242 $382 $376 $22 $112 $1,134 $95
MX-5 Miata Touring 2-Dr Convertible $278 $464 $376 $22 $112 $1,252 $104
MX-5 Miata Grand Touring 2-Dr Convertible $278 $464 $376 $22 $112 $1,252 $104
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Rates do not factor in vehicle garaging location which can affect coverage prices greatly.

Based on the above data, using a $250 deductible costs about $16 more each month or $192 for a full year than choosing the higher $500 deductible. Since you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you average at a minimum 16 months between claims, you would most likely save money by going with a higher deductible.

The diagram below demonstrates how deductible levels and can raise or lower Mazda MX-5 Miata premium costs for each different age group. The rates are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.

Reduce your car insurance rates with discounts

Auto insurance companies don’t necessarily list all possible discounts very well, so here is a list a few of the more common and the more hidden credits available to lower your premiums when you buy San Francisco car insurance online.Save money with discounts

As a footnote on discounts, most credits do not apply to the entire cost. The majority will only reduce individual premiums such as comp or med pay. So despite the fact that it appears having all the discounts means you get insurance for free, nobody gets a free ride. But any discount will lower the premium cost.

The information below shows the comparison of Mazda MX-5 Miata premium costs with and without policy discounts. The premiums assume a female driver, no accidents, no driving violations, California state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, safe-driver, multi-policy, homeowner, and marriage discounts applied.

A few popular companies and a summarized list of policyholder discounts can be found below.

Before buying, ask each company what discounts are available to you. All car insurance discounts may not apply in San Francisco. To see car insurance companies with discount car insurance rates in California, click this link.

Shop smart and save

As you quote San Francisco car insurance, never skimp on coverage in order to save money. In many instances, drivers have reduced full coverage and learned later that it was a big mistake. Your aim should be to get the best coverage possible for the lowest price, not the least amount of coverage.

We just showed you a lot of information how to save on Mazda MX-5 Miata insurance in San Francisco. It’s most important to understand that the more quotes you get, the better your chances of lowering your rates. Consumers may even find the most savings is with some of the smallest insurance companies.

Budget-conscious Mazda MX-5 Miata insurance is available on the web and also from your neighborhood San Francisco agents, and you should compare rates from both in order to have the best chance of saving money. Some insurance providers may not offer the ability to get a quote online and usually these regional carriers work with local independent agents.

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