Insurace and miatas

[nealric]

So Im kind of torn now. I was all ready to go on boosting my p5, but now I have douts.

One thought I had was to instead buy a older miata that costs around what a turbo kit would for messing around in and keeping the protege as is.

However, I was wondering what adding a miata to my car insurance would cost me. I would be the only driver. Anybody gone the same route?

 

[kcbhiw]

I have liability only on my Miata. I pay about $250/year on the Miata alone. I'm with Progressive.

 

[MiaTurbo]

if you add it as a second/pleasure car, it will cost less. I have full coverage on mine. It went up about $400 a year.

Just as an FYI, insurance companies frown on aftermarket performance parts like adding a turbo.

 

[kcbhiw]

Just as an FYI, insurance companies frown on aftermarket performance parts like adding a turbo.

What's a turbo?

 

[MiaTurbo]

What's a turbo?

fancy hairdryer..

 

[Foolish]

fancy hairdryer..

You could say the same of the Miata!

 

[Shinsen774]

Miata horsepower and price is low enough that the insurance isn't expensive. My rate is the same as for my Subaru Outback 4 cyl.

Go to www.Progressive.com and check it out.

 

[vashthestampede]

My 99' GMC Envoy rates are higher than my Miata. I have never told my insurance company about any of my aftermarket parts and I have never been asked. Why would something like this come into discussion with an insurance agent?

Just for the sake of sharing with you guys, I currently pay $182 a month for just the Miata. When both vehicles are on I am around $312. And at one point years ago I was nearing $500 a month. I have probably over a dozen speeding tickets and one at fault accident, so that is the reasoning why my rates are so high. As time goes on I've been slowing down and my rates have been dropping. I think after driver re-training 6 times I just had enough of that. So just know that $250 a year or anything like that is I guess normal, but not nearly as much as some people pay. (poke)

Vash-

 

[romecandleboy]

Recently traded in my 03' P5 for an 06' Miata. Insurance went from $450/6month to $420/6month (esurance). The 06 Miata has ABS and engine immobilizer standard and in most cases its driving purpose is categorized as 'pleasure' instead of 'daily driver'

 

[Huascar82]

probably wont matter since I dont think many younger people run 2 cars for themselves, but age does matter when it comes to insurance right? I've only got my 02 ES atx and I'm paying about 280 monthly and thats with my dad as being co-driver. If he wasnt on it my rates would have been much higher. I've got full coverage with all state and am 24 years old. Hopefully next year when I turn 25 my rates should lower drastically.

 

[MazKid]

I pay $42/month(might have just gone down actually) on mine, just liability, but I'm only 19 so that adds to it.

Mine is listed as my pleasure car so it's supposed to be 5K miles or less a year. I think I can keep it well below that though, both of my cars actually.

 

[SilverBulletES]

I have liability only on my Miata. I pay about $250/year on the Miata alone. I'm with Progressive.

Word-- about the same for me added to my Protege's Progressive policy. Vegas is a bit more than the ATL policy, but not awful. I'm more worried about outright theft than collision out here... I mean collision is a definite possibility with the amount of bad drivers out here.... but I could part out or fix for less than it's worth to pay a 1000 deductible.

Pretty much, I just won't park my Miata on a strange dark street on a weekend night. It stays in the garage most of the time anyway.

 

[firedog25]

I don't know how much I pay, but with full coverage on the following three cars...

1991 Miata
2002 WRX
2004 Mazda6


I only pay about $160 or so a month... and I still have to get rid of that damn gap insurance, surely that will save about $10-$20 a month!

 

[chuyler1]

Usually, provided you put both on the road at the same time, they will basically average the rates for each of your cars. The rate on a 1990 Miata is going to be much lower than your new Protege so I think it will drop your rate if anything.

Keep in mind that the miata is a girl's car. I know, I know we can debate about it all day but you simply don't see men or women wrapping miatas around trees like you do with say a mustang. Since more women drive miatas than men, it is not a car that is associated with high insurance claims (small fender benders are another story).

 

[jersey_emt]

I don't know how much I pay, but with full coverage on the following three cars...

1991 Miata
2002 WRX
2004 Mazda6


I only pay about $160 or so a month... and I still have to get rid of that damn gap insurance, surely that will save about $10-$20 a month!

In most cases, gap insurance is something you purchase at the dealer; it is added onto your financing agreement.

 

[Foolish]

Since more women drive miatas than men, it is not a car that is associated with high insurance claims (small fender benders are another story).

I think that's bulls***. I don't think it's women that keep Miata insurance rates down, I'm pretty sure it's old guys trying to re-live their MG/Triumph/Austin Healey-driving youth that keep Miata rates low. I'm all for that, really, but the "chick car" thing is crap. I don't even see women driving them very often. Besides, most Miatas are manual trannys, and if you want to play the stereotype thing, women want automatic transmissions.

 

[chuyler1]

Did you see "Cars" the movie yet?

It's a pop culture phenonmenon... Miata = girl car.

Sure there are guys who autox them...but the are all driving 10-15 year old models that most likely were originally purchased by women.

Its just as bad a stereotype to assume that all women don't drive stick.

 

[SilverBulletES]

Honestly, my unofficial eyeball poll says men/women drive Miatas 50/50. Of course, most of us are gay! Not that there's anything wrong with it.

My other unofficial poll says that 80 percent of American women under 30 can't drive stick.... and 60 percent of American men. Absolutely pathetic.

 

[Foolish]

Its just as bad a stereotype to assume that all women don't drive stick.

I know. That's how I meant it. My wife drives stick, now that I've taught her how, and my sister used to, until she chucked her Del Sol for an SUV.

I just don't see women driving Miatas all that often. I don't have a problem with the "chick car" reputation, and I loved the cheap insurance, but I just don't believe it.

Miata insurance is cheap 'cause they're not super-expensive cars, they're frequently used as weekend cars, Miata owners (old guys, women and "real sports car guys") don't crash them often, they don't have much horsepower and they're common as dirt.

It cost us much more to insure our '87 RX-7 than our '97 Miata because to insurance people, the RX-7 is a sports car, the Miata isn't. Fine by me. Nobody tell them the truth, ok?