The recommended way to find low-cost car insurance rates is to compare quotes once a year from companies that insure vehicles in Cleveland. Drivers can shop around by following these guidelines.
- Read about car insurance and the steps you can take to keep rates down. Many risk factors that result in higher prices like getting speeding tickets and bad credit can be amended by making lifestyle changes or driving safer.
- Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like Progressive and State Farm, while agents who are independent can provide price quotes for a wide range of companies.
- Compare the quotes to your existing policy to see if a cheaper rate is available. If you can save some money, ensure there is no coverage lapse between policies.
One tip to remember is to try to compare the same coverage limits and deductibles on every price quote and and to get price estimates from as many car insurance companies as possible. Doing this provides the most accurate price comparison and many rates to choose from.
Unimaginable but true, a large majority of auto insurance policyholders have stayed with the same insurance company for at least the last four years, and approximately 40% of consumers have never quoted auto insurance rates at all. Ohio consumers could cut their rates by roughly $729 a year by just shopping around, but they don’t know the big savings they would realize if they swap their current policy for a cheaper one.
This information will let you in on how to compare rates easily and how you can save the most money. If you have a current auto insurance policy, you will definitely be able to lower your rates using these techniques. Shoppers just need to know how to compare different rates instantly.
How to get cheap Mazda MX-5 Miata insurance in Cleveland, OH
The car insurance companies shown below offer free rate quotes in Cleveland, OH. To find cheap auto insurance in Cleveland, OH, it’s highly recommended you visit two to three different companies to get the best price comparison.
Don’t overlook these six Mazda MX-5 Miata insurance discounts
Insuring your vehicles can cost a lot, but there could be significant discounts that can help lower your rates. Certain credits will be shown at quote time, but some need to be specifically requested prior to getting the savings.
- Use Seat Belts – Buckling up and requiring all passengers to buckle up before driving could save 15% off the medical payments premium.
- One Accident Forgiven – This one is not really a discount per se, but companies like Progressive, Allstate, and Liberty Mutual will allow you to have one accident without getting socked with a rate hike if your claims history is clear prior to being involved in the accident.
- Discount for Multiple Policies – If you combine your auto and homeowners policies and place coverage with the same company you could save approximately 10% to 15%.
- Multiple Vehicles – Buying insurance for multiple cars with the same company could earn a price break for each car.
- Sign Online – Certain companies may give you up to $50 shop Cleveland car insurance over the internet.
- Senior Citizens – If you qualify as a senior citizen, you may receive a small discount on rates.
Remember that most credits do not apply to the whole policy. Most only reduce the price of certain insurance coverages like medical payments or collision. So even though they make it sound like you could get a free car insurance policy, company stockholders wouldn’t be very happy.
The illustration below compares Mazda MX-5 Miata insurance costs with and without discounts applied to the policy premium. The premiums are based on a male driver, no driving violations, no at-fault accidents, Ohio state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, multi-car, multi-policy, and claim-free discounts applied.
Auto insurance companies that may offer policyholders these discounts include:
Before you buy a policy, ask each insurance company which discounts you qualify for. Some discounts may not be available in every state.
Auto insurance analysis for a Mazda MX-5 Miata
The premium information displayed next highlights different insurance prices for Mazda MX-5 Miata models. Having a better understanding of how rates are figured can help guide drivers when making decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MX-5 Miata Sport 2-Dr Convertible | $188 | $356 | $260 | $16 | $78 | $898 | $75 |
| MX-5 Miata Touring 2-Dr Convertible | $216 | $434 | $260 | $16 | $78 | $1,004 | $84 |
| MX-5 Miata Grand Touring 2-Dr Convertible | $216 | $434 | $260 | $16 | $78 | $1,004 | $84 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Rate quotes do not factor in your specific Cleveland location which can lower or raise price quotes greatly.
The information below demonstrates how choosing different deductibles and can impact Mazda MX-5 Miata insurance costs for each different age category. The prices are based on a single female driver, full coverage, and no policy discounts are applied.
Reckless driving habits raise Cleveland auto insurance rates
The example below illustrates how speeding tickets and accident claims can raise Mazda MX-5 Miata yearly insurance costs for each different age group. The rate quotes are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied.
Full coverage rates vs. liability-only
The chart below illustrates the difference between Mazda MX-5 Miata insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Ohio. The data assumes no accidents, no driving violations, $100 deductibles, drivers are not married, and no additional discounts are factored in.
When to drop full coverage
There is no definitive rule of when to phase out full coverage on your policy, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
For example, let’s say your Mazda MX-5 Miata replacement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $3,000 after paying your policy deductible. If you are currently paying more than $300 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.
There are a few situations where removing full coverage is not a good plan. If you still owe money on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not drop full coverage.
Shop online but buy locally
Some consumers prefer to talk to a local agent and that is a smart decision Most agents will help you protect your assets and will help you if you have claims. The biggest benefit of comparing auto insurance online is that you can obtain cheaper car insurance rates and still have a local agent. And buying from neighborhood agents is important especially in Cleveland.
After completing this short form, your coverage information gets sent to local insurance agents in Cleveland that provide free Cleveland car insurance quotes and help you find cheaper coverage. You never need to search for any insurance agencies since price quotes are sent instantly to you. If you wish to get a rate quote from one company in particular, you just need to go to their quote page and fill out the quote form the provide.
Shown below are Cleveland auto insurance companies that are able to give price quote information for Mazda MX-5 Miata insurance in Cleveland.
Rivera’s Insurance Agency, Inc.
3778 Pearl Rd – Cleveland, OH 44109 – (216) 661-7923 – View Map
Select Insurance Services Agency, Inc.
12608 State Rd – Cleveland, OH 44133 – (440) 237-8555 – View Map
Pilat Insurance Agency, Inc.
5925 Ridge Rd – Cleveland, OH 44129 – (440) 888-1150 – View Map
Hubbard Insurance Agency
22255 Center Ridge Rd #202 – Rocky River, OH 44116 – (440) 333-4450 – View Map
Finding the right insurer requires more thought than just a cheap quote. These are some valid questions you should ask.
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Are claims handled at the agent’s location?
- How experienced are they in personal risk management?
- Do they specialize in personal lines auto insurance in Cleveland?
- How many years have they been established?
There’s no such thing as the perfect auto insurance policy
When choosing proper insurance coverage, there really isn’t a one size fits all plan. Your needs are unique to you and your auto insurance should be unique as well.
These are some specific questions can aid in determining if you may require specific advice.
- When can I cancel my policy?
- Are my custom wheels covered?
- Does coverage extend to my business vehicle?
- What does UM/UIM cover?
- When should I not file a claim?
- If my Mazda MX-5 Miata is totaled, can I afford another vehicle?
- What is the minimum liability in Ohio?
- Does my liability insurance cover pulling a trailer or camper?
- Is my Mazda MX-5 Miata covered for smoke damage?
- Am I getting all the discounts available?
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Coverages available on your auto insurance policy
Learning about specific coverages of your auto insurance policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by auto insurance companies.
UM/UIM Coverage – This coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required (which is 25/50/25), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently the UM/UIM limits are similar to your liability insurance amounts.
Comprehensive or Other Than Collision – This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.
Comprehensive insurance covers things such as damage from flooding, damage from getting keyed and vandalism. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
Collision coverage – This coverage pays for damage to your MX-5 Miata resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims such as driving through your garage door, crashing into a building, backing into a parked car and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also bump up the deductible on your MX-5 Miata in order to get cheaper collision rates.
Liability insurance – This protects you from injuries or damage you cause to other’s property or people. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage protects against things such as loss of income, emergency aid, funeral expenses, medical expenses and bail bonds. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford. Ohio requires minimum liability limits of 25/50/25 but it’s recommended drivers buy better liability coverage.
The next chart shows why buying the state minimum limits may not provide adequate coverage.
Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like funeral costs, surgery and pain medications. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Final considerations
When shopping online for insurance, do not buy poor coverage just to save money. There have been many cases where consumers will sacrifice collision coverage only to regret that their decision to reduce coverage ended up costing them more. The proper strategy is to get the best coverage possible for the lowest cost, but do not sacrifice coverage to save money.
Affordable Mazda MX-5 Miata insurance in Cleveland is attainable both online in addition to many Cleveland insurance agents, and you should be comparing both to have the best selection. Some insurance companies do not provide online rate quotes and many times these small, regional companies provide coverage only through independent agents.
Helpful information
- Prom Night Tips for Teen Drivers (State Farm)
- Who Has Affordable Auto Insurance Rates for Drivers Over Age 70 in Cleveland? (FAQ)
- What Insurance is Cheapest for Real Estate Agents in Cleveland? (FAQ)
- Who Has Cheap Auto Insurance for College Graduates in Cleveland? (FAQ)
- How do I File a Claim? (Insurance Information Institute)
- Child Safety Seats (Insurance Information Institute)
- Anti-Lock Brake FAQ (iihs.org)