Insurance quote for Mazda MX-5 Miata in HoustonPricey auto insurance in Houston can empty your savings account and put the squeeze on your family's finances. Comparing rate quotes is a fast and free way to lower your monthly bill.

Shockingly, about 70% of customers have bought auto insurance from the same company for at least four years, and practically 40% of auto insurance customers have never even compared rates from other companies. Houston consumers could save about $1,770 a year just by getting comparison quotes, but most just don't grasp the actual amount they would save if they switched. There is such a variety of insurers to choose from, and although it's a good thing to have a choice, it can be more difficult to find the best rates for your vehicles.

Finding the cheapest insurance coverage in Houston is not that difficult. If you have insurance now, you will most likely be able to get lower rates using the concepts covered in this article. Vehicle owners only have to learn the most time-saving way to compare insurance rates from many companies at once.

Getting low cost auto insurance pricing is surprisingly easy. You just have to spend a little time comparing rate quotes to discover which company has affordable Mazda MX-5 Miata insurance quotes.

Comparing free rate quotes online is easy and it, takes the place of having to call or drive to each insurance agency near you. The fact that you can get quotes online reduces the need to sit down with an agent unless you're the type of person who wants the advice and guidance of a licensed agent. Although you can compare the best prices online and have a local agent actually service the policy.

The companies shown below can provide quotes in Texas. If multiple companies are listed, it's a good idea that you visit two to three different companies to get the lowest price.

Mazda MX-5 Miata Insurance Rates in Houston, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $124 $218 $310 $18 $94 $764 $64
MX-5 Miata Touring 2-Dr Convertible $226 $412 $304 $18 $92 $1,052 $88
MX-5 Miata Grand Touring 2-Dr Convertible $140 $260 $304 $18 $92 $814 $68
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Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Price estimates do not factor in vehicle location which can lower or raise coverage prices noticeably.

Should you raise deductibles?

The information below shows how choosing a deductible and can raise or lower Mazda MX-5 Miata insurance costs for different age groups of insureds. The premiums assume a single female driver, comp and collision included, and no additional discounts are factored in.

Difference between full coverage and liability only rates

The diagram below visualizes the comparison of Mazda MX-5 Miata auto insurance rates with and without physical damage coverage. The premiums assume no claims or driving violations, $100 deductibles, single male driver, and no other discounts are factored in.

Should you buy full coverage or liability only?

There is no exact rule that works best for making the decision to drop full coverage on your policy, but there is a broad guideline. If the annual cost of your full coverage insurance is 10% or more of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.

For example, let's assume your Mazda MX-5 Miata claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is severely damaged, you would only receive $4,000 after paying the physical damage deductible. If you are paying in excess of $400 annually for comprehensive and collision coverage, then it's probably a good time to buy liability coverage only.

There are some situations where dropping physical damage coverage is not advised. If you still have a lienholder on your title, you must maintain physical damage coverage in order to keep the loan. Also, if you don't have enough money to buy a different vehicle in case of an accident, you should not opt for liability only.

Physical damage deductibles: Should you raise them?

One of the hardest decisions when shopping for auto insurance is what deductibles to buy. The comparison tables below determine the rate difference between high and low physical damage deductibles. The first rate estimation uses a $100 comprehensive and collision deductible and the second price chart uses a $500 deductible.

Mazda MX-5 Miata insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $286 $486 $324 $20 $96 $1,237 $103
MX-5 Miata Touring 2-Dr Convertible $328 $592 $324 $20 $96 $1,385 $115
MX-5 Miata Grand Touring 2-Dr Convertible $328 $592 $324 $20 $96 $1,385 $115
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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 $208 $328 $324 $20 $96 $976 $81
MX-5 Miata Touring 2-Dr Convertible $240 $400 $324 $20 $96 $1,080 $90
MX-5 Miata Grand Touring 2-Dr Convertible $240 $400 $324 $20 $96 $1,080 $90
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Table data does not factor in specific location which can alter prices substantially.

Using the premium rates above, we can conclude that using a $100 deductible costs about $24 more each month or $288 for a full year than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to have at least 17 months between claims, you would probably be better off by selecting a higher deductible.

Lower rate quotes by receiving discounts

Some companies don't always list their entire list of discounts in an easy-to-find place, so the next list breaks down some of the more common and also the lesser-known ways to save on car insurance.Save money with discounts

One thing to note about discounts is that some of the credits will not apply to all coverage premiums. A few only apply to specific coverage prices like collision or personal injury protection. So despite the fact that it appears you could get a free car insurance policy, it just doesn't work that way.

A few of the larger companies and a summarized list of policyholder discounts are:

Before purchasing a policy, check with every prospective company to give you their best rates. A few discounts might not apply in your state. If you would like to see a list of providers that offer many of these discounts in Houston, click here to view.

How Insurance Providers Determine Mazda MX-5 Miata Insurance Rates

Many things are used when you quote your car insurance policy. Some factors are common sense like an MVR report, but other criteria are more obscure like where you live or how safe your car is. When buying car insurance it's important to understand a few of the rating criteria that are used to determine your car insurance rates. When you know what positively or negatively influences your rates, this enables informed choices that can earn you lower rates.

The itemized list below are some of the factors companies use to determine rates.

Exclusive versus independent insurance agencies

A small number of people would rather sit down with an agent and doing that can be a smart decision Professional insurance agents are very good at helping people manage risk and give you someone to call. One of the great benefits of getting free rate quotes online is you can get lower rates but still work with a licensed agent.

Find insurance agent in HoustonBy using this simple form, your insurance data is sent to participating agents in Houston who will gladly provide quotes for your car insurance coverage. It's much easier because you don't need to contact any agents as quotes are delivered to you. If you wish to compare rates from a specific car insurance provider, you just need to visit that company's website and give them your coverage information.

Picking the best company requires more thought than just the bottom line cost. Here are some questions you might want to ask.

If you would like to find a local Houston insurance agent, it helps to know the two types of insurance agents and how they can write your policy. Agents in Houston are classified as either exclusive or independent (non-exclusive). Either can write car insurance policies, but it's important to point out the difference between them since it may influence your selection of an agent.

Exclusive Car Insurance Agencies

Exclusive insurance agents can usually just insure with one company such as AAA, Allstate, and State Farm. They are unable to provide other company's prices so you need to shop around if the rates are high. They are well trained in insurance sales and that enables them to sell even at higher rates.

The following are exclusive insurance agencies in Houston that are able to give rate quotes.

10103 Fondren Rd #150 - Houston, TX 77096 - (832) 431-4222 - View Map

Lucrecia Jasminoy - State Farm Insurance Agent
223 Cavalcade St - Houston, TX 77009 - (713) 884-1442 - View Map

1510 Eldridge Pkwy #108 - Houston, TX 77077 - (281) 759-4300 - View Map

More insurance agents

Independent Agents

These type of agents do not write with just one company and that is an advantage because they can write policies with any number of different companies and find you cheaper rates. If prices rise, the agent simply finds a different carrier which is easy for the insured. When comparing car insurance prices, you will want to get rate quotes from at a minimum one independent agency in order to have the best price comparison.

Listed below is a short list of independent agencies in Houston willing to provide comparison quotes.

11200 Westheimer Rd #850 - Houston, TX 77042 - (713) 850-1660 - View Map

702 W Sam Houston Pkwy S - Houston, TX 77042 - (713) 914-0354 - View Map

8624 Long Point Rd - Houston, TX 77055 - (713) 827-1277 - View Map

More insurance agents

After receiving good responses to your questions and cheap MX-5 Miata insurance quotes, chances are good that you have found an insurance agency that is reliable enough to service your policy.

Affordable car insurance premiums are out there

Cheaper car insurance in Houston is available on the web and from local agencies, and you should compare price quotes from both in order to have the best price selection to choose from. Some car insurance companies may not offer online price quotes and most of the time these regional insurance providers work with independent agencies.

We just showed you many ideas to find lower-cost Mazda MX-5 Miata insurance in Houston. It's most important to understand that the more rate quotes you have, the better chance you'll have of finding cheaper Houston auto insurance quotes. Drivers may even discover the lowest priced car insurance comes from a small local company. These companies can often provide lower rates in certain areas than their larger competitors like Allstate or State Farm.

When getting Houston auto insurance quotes online, do not skimp on coverage in order to save money. There have been many cases where an insured dropped physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The goal is to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

Even more information is located at these sites: