Sick and tired of not being able to afford to pay auto insurance each month? You have the same problem as the majority of other consumers in Colorado.

Discount Mazda MX-5 Miata insuranceShocking but true, a large majority of consumers kept their policy with the same company for over three years, and practically 40% of auto insurance customers have never compared quotes from other companies. Most drivers in the U.S. could save 47% each year, but they just don't understand the rate savings if they replace their high priced policy. With consumers having so many insurance companies to choose from that have cheaper insurance for a Mazda MX-5 Miata in Colorado Springs, it's difficult to choose the lowest cost company.

Companies offering cheap Mazda MX-5 Miata prices in Colorado Springs, CO

The providers in the list below are ready to provide free rate quotes in Colorado. If several companies are displayed, it's a good idea that you compare several of them to get the most competitive price.

Mazda MX-5 Miata Insurance Costs in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MX-5 Miata Sport 2-Dr Convertible $184 $320 $286 $16 $86 $892 $74
MX-5 Miata Touring 2-Dr Convertible $236 $464 $286 $16 $86 $1,088 $91
MX-5 Miata Grand Touring 2-Dr Convertible $290 $616 $388 $22 $116 $1,432 $119
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Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Table data does not factor in specific Colorado Springs garaging location which can raise or lower premium rates greatly.

Comparison of auto insurance rates by gender

The information below illustrates the comparison of Mazda MX-5 Miata car insurance rates for male and female drivers. The prices are based on no claims or violations, comp and collision included, $1,000 deductibles, marital status is single, and no additional discounts are factored in.

Colorado Springs Insurance Costs are Influenced by These Factors

Lots of things are taken into consideration when you get your auto insurance bill. Most are fairly basic such as your driving record, but others are not quite as obvious like where you live or your financial responsibility.

Listed below are a few of the "ingredients" used by your company to calculate your prices.

Gender as a rate factor - Over the last 30 years, statistics show women tend to be less risk to insure than men. Now that doesn't mean females are better drivers. They both tend to get into fender benders in similar numbers, but the men have accidents that have higher claims. Not only are claims higher, but men receive more major tickets like driving under the influence (DUI). Male drivers age 16 to 19 are the most expensive to insure so they pay the highest premiums.

With age comes lower prices - Drivers with little experience tend to be inattentive and easily distracted when at the wheel of a vehicle therefore insurance rates are much higher. Older people are more cautious drivers, are lower risk to insure, and tend to be get fewer driving tickets.

Do thieves like your car? - Owning a car with an alarm system can earn a premium discount. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping car theft.

Employer can influence rates - Did you know your occupation can influence how much you pay for insurance? Jobs such as military personnel, business owners and financial analysts generally have the highest rates because of high stress levels and lengthy work days. Conversely, jobs like scientists, engineers and retirees have the lowest average rates.

Insurance loss data for a Mazda MX-5 Miata - Companies study historical loss data to help calculate a profitable premium rate. Models that tend to have higher loss trends will have increased rates.

The table below demonstrates the actual insurance loss data for Mazda MX-5 Miata vehicles. For each type of coverage, the loss probability for all vehicles averaged together is set at 100. Values that are below 100 suggest losses that are better than average, while values that are above 100 point to more claims or statistically larger claims.

Insurance Loss Ratings for Mazda MX-5 Miata Vehicles

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Mazda MX-5 Miata Convertible 76 61 74 72

Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lower-cost Colorado Springs auto insurance rates with discounts

Car insurance companies don't necessarily list the entire discount list in a way that's easy to find, so the following is a list of both well-publicized and also the lesser-known auto insurance savings.Cheaper auto insurance with discounts

A quick disclaimer, many deductions do not apply to your bottom line cost. Most cut specific coverage prices like comp or med pay. So even though they make it sound like all those discounts means the company will pay you, companies wouldn't make money that way. But all discounts will cut your overall premium however.

To view companies that offer many of these discounts in Colorado, follow this link.

Local neighborhood Colorado Springs car insurance agents

Some people just want to visit with an insurance agent and that can be a great decision Insurance agents can answer important questions and help file insurance claims. The biggest benefit of getting online price quotes is that drivers can save money and get cheap auto insurance quotes and still buy from a local agent. Supporting local agencies is still important in Colorado Springs.

To find an agent, once you fill out this simple form, your coverage information is transmitted to agents in your area who will give competitive quotes for your business. You don't have to contact any agents because prices are sent to you. In the event you want to get a price quote from a specific insurance company, don't hesitate to find their quoting web page and complete a quote there.

Exclusive agents vs. Independent agents

When narrowing the list to find a local insurance agency, it's helpful to know the types of insurance agents to choose from. Agents in Colorado Springs are categorized either independent or exclusive depending on the company they work for. Either one can write auto insurance policies, but it's important to point out the differences because it can influence your selection of an agent.

Independent Auto Insurance Agencies

Agents of this type are not locked into one company so as a result can place your coverage with multiple insurance companies and get you the best rates possible. To transfer your coverage to a different company, your agent can switch companies without you having to go to a different agency. When comparison shopping, you definitely need to check rates from at least one independent agent to have the most options to choose from.

Shown below are Colorado Springs independent insurance agencies that may be able to provide free auto insurance quotes.

5155 N Academy, #110 - Colorado Springs, CO 80918 - (719) 622-3079 - View Map

2407 W Colorado Ave - Colorado Springs, CO 80904 - (719) 473-6262 - View Map

6455 N Union Blvd #104 - Colorado Springs, CO 80918 - (303) 974-7676 - View Map

More Colorado Springs agents

Exclusive Auto Insurance Agencies

Agents in the exclusive channel can only provide one company's prices such as American Family, State Farm, and Allstate. These agents are not able to compare rates from other companies so if the price isn't competitive there isn't much they can do. Exclusive agencies are well schooled in insurance sales which helps offset the inability to provide other markets.

Listed below are Colorado Springs exclusive agencies who can help you get rate quotes.

5885 Stetson Hills Blvd #130 - Colorado Springs, CO 80923 - (719) 591-2300 - View Map

2340 Academy Blvd N - Colorado Springs, CO 80909 - (719) 597-4330 - View Map

8540 Scarborough Dr Ste 220 - Colorado Springs, CO 80920 - (719) 591-6336 - View Map

More Colorado Springs agents

Finding the right insurance agent is decision based upon more than just a cheap price quote. Any good agent in Colorado Springs should know the answers to these questions.

Insurance agents can help

When quoting and comparing your policy, there isn't really a best way to insure your cars. Each situation is unique and a cookie cutter policy won't apply.Car insurance savings Here are some questions about coverages that may help you determine if your situation might need professional guidance.

If you're not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It's fast, doesn't cost anything and may give you better protection.

One last thing to lower rates

Affordable Mazda MX-5 Miata insurance in Colorado Springs can be bought online as well as from insurance agents, and you should be comparing both so you have a total pricing picture. Some insurance providers may not have price quotes online and many times these small, regional companies prefer to sell through local independent agencies.

When searching for low cost Colorado Springs auto insurance quotes, don't be tempted to reduce needed coverages to save money. In many instances, an insured cut full coverage only to find out that it was a big mistake. Your goal should be to buy enough coverage at the best possible price and still be able to protect your assets.

Additional information is located at the links below