Auto Insurance Quotes for a Mazda MX-5 Miata in Omaha

Are you looking for a better way to compare more competitive Mazda MX-5 Miata insurance in Omaha? Have you had enough of not being able to afford to buy auto insurance? You are no different than most other vehicle owners in Nebraska.

Amazingly, a recent NerdWallet.com study showed that the vast majority of consumers have been with the same company for more than four years, and nearly 40% of drivers have never compared rates to find affordable insurance. Drivers in Omaha could save almost 30% each year by just comparing quotes, but they won’t spend time to do a rate comparison.

Lots of insurers contend for your hard-earned dollar, so it’s not easy to compare every provider and get the definite best rate on Mazda MX-5 Miata insurance in Omaha.

If you have a current auto insurance policy, you will most likely be able to shop for the lowest rates using the techniques presented in this article. Choosing the most cost-effective auto insurance policy in Omaha is really not that difficult. But Nebraska car owners must comprehend the way insurance companies sell insurance online and apply this information to your search.

Companies offering Mazda MX-5 Miata insurance in Nebraska

The auto insurance companies shown below are our best choices to provide price comparisons in Omaha, NE. If you want to find cheap car insurance in Nebraska, we suggest you visit as many as you can to get the most affordable price.

Mazda MX-5 Miata insurance analysis

The coverage table shown below outlines estimates of insurance coverage prices for Mazda MX-5 Miata models. Knowing how insurance quotes are determined is important to be able to make smart choices when buying a policy.

Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nebraska minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Premium amounts do not factor in Omaha location which can revise prices noticeably.

Policy deductibles

The hardest decision when buying coverage is how high should the deductibles for physical damage be. The data tables below highlight the premium difference of buying low and high physical damage coverage deductibles. The first set of prices uses a $250 physical damage deductible and the second price chart uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in specific garaging location which can lower or raise coverage rates substantially.

Based on the figures above, using a $250 deductible will cost you approximately $21 more each month or $252 a year across all Mazda MX-5 Miata models than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go at a minimum 36 months between claim filings, you would come out ahead if you opt for a higher deductible.

The chart below shows how choosing a deductible and can raise or lower Mazda MX-5 Miata premium costs for different categories of driver ages. The premium estimates are based on a married female driver, comp and collision included, and no policy discounts are applied.

Mazda MX-5 Miata insurance premiums by gender and age

The chart below illustrates the difference between Mazda MX-5 Miata insurance premiums for male and female drivers. Data assumes no driving violations, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are taken into consideration.

Mazda MX-5 Miata liability-only versus full coverage

The illustration below illustrates the comparison of Mazda MX-5 Miata car insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Nebraska. The rates are based on a clean driving record, no at-fault accidents, $1,000 deductibles, drivers are not married, and no policy discounts are applied.

Should you pay for full coverage or liability only?

There is no specific rule to drop physical damage insurance, but there is a guideline you can use. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your Mazda MX-5 Miata replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would receive is $2,000 after paying the physical damage deductible. If premium cost is more than $200 a year for full coverage, then you might want to consider buying only liability coverage.

There are a few cases where only buying liability is not in your best interest. If you haven’t paid off your loan, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should not eliminate full coverage.

Verify you’re getting every discount

Car insurance is not cheap, but you may be missing some discounts that you may not even be aware of. Some discounts will apply when you quote, but less common discounts must be specifically requested before they will apply. If they aren’t giving you every credit available, you’re just leaving money on the table.

• Drive Safe and Save – Insureds without accidents may receive a discount up to 45% as compared to drivers with claims.
• Senior Citizens – Drivers over the age of 55 may qualify for a small discount on rates.
• No Claim Discounts – Good drivers with no accidents are rewarded with significantly better rates on Omaha car insurance quote as opposed to drivers who are more careless.
• Military Discounts – Being on active deployment in the military could mean lower rates.
• Discounts for Seat Belt Usage – Forcing all vehicle occupants to fasten their seat belts can save up to 15% off PIP or medical payments premium.
• Professional Organizations – Affiliation with qualifying clubs or civic groups could qualify you for a break on your next insurance statement.
• Home Ownership Discount – Owning a home in Omaha may trigger a policy discount on insurance since home ownership shows financial diligence.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to all coverage premiums. Some only reduce individual premiums such as liability and collision coverage. So even though you would think having all the discounts means you get insurance for free, it doesn’t quite work that way. But all discounts will cut your policy premium.

The diagram below shows the comparison of Mazda MX-5 Miata annual premium costs with and without discounts applied to the policy premium. The premiums are based on a female driver, no claims or driving citations, Nebraska 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 multi-car, marriage, claim-free, safe-driver, homeowner, and multi-policy discounts applied.

Larger insurance companies and the discounts they provide are:

• GEICO may have discounts that include seat belt use, daytime running lights, membership and employees, air bags, and anti-theft.
• Mercury Insurance discounts include good student, low natural disaster claims, anti-theft, type of vehicle, location of vehicle, and age of vehicle.
• Farmers Insurance offers discounts for mature driver, switch companies, multi-car, youthful driver, distant student, and teen driver.
• Auto-Owners Insurance may include discounts for teen driver, air bags, multiple vehicles, student away at school, multi-policy, and company car.
• Liberty Mutual has savings for teen driver discount, multi-policy, multi-car, newly retired, new vehicle discount, and new move discount.
• SAFECO includes discounts for multi-car, accident prevention training, anti-lock brakes, anti-theft, and bundle discounts.
• Progressive offers premium reductions for good student, online signing, multi-policy, online quote discount, and multi-vehicle.
• USAA offers discounts including vehicle storage, new vehicle, annual mileage, military installation, safe driver, multi-policy, and driver training.

Check with all the companies which discounts you may be entitled to. Depending on the company, some discounts might not be available to policyholders in your area. If you would like to view companies that offer discounts in Nebraska, click here to view.

Special considerations

When selecting insurance from an agent or online, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that
For example, these questions might help in determining whether you will benefit from professional help.

• Is rental equipment covered for theft or damage?
• What if I don’t agree with a claim settlement offer?
• Should I pay a claim out-of-pocket?
• When can I cancel my policy?
• Who sells insurance for high-risk drivers?
• When should I remove comp and collision on my Mazda MX-5 Miata?
• Who is covered by my policy?
• Which companies will insure high-risk drivers?
• Does medical payments coverage apply to all occupants?
• Do I have coverage when making deliveries for my home business?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.

When should I get advice from an insurance agency?

Certain consumers prefer to sit down with an agent and that is a personal choice. A nice benefit of price shopping on the web is that you can find lower rates and also buy local. Buying insurance from local agents is definitely important in Omaha.

To find an agent, once you fill out this form (opens in new window), the coverage information is sent to local insurance agents in Omaha who will return price quotes to get your business. There is no need to leave your house because prices are sent immediately to your email address. You can find better rates without requiring a lot of work. In the event you want to quote rates from a specific company, you would need to find their quoting web page and submit a quote form there.

When researching a good Omaha insurance agent, you need to know there are two different types of agencies and how they can quote your rates. Insurance policy providers can be described as either independent or exclusive depending on the company they work for.

Independent Agents (or Brokers)

Independent insurance agents do not work for one specific company and that enables them to quote your coverage with an assortment of companies and get the cheapest rates. To move your coverage to a new company, the agent simply finds a different carrier and you don’t have to switch agencies. When searching for an agent, it’s a good idea to get rate quotes from independent agents to have the best price comparison.

Featured below is a partial list of independent insurance agencies in Omaha that may be able to provide free rate quotes.

View more Omaha agents

Exclusive Insurance Agencies

Exclusive insurance agents have only one company to place business with like Farmers Insurance, State Farm, Allstate, and AAA. These agents are not able to provide other company’s prices so you might not find the best rates. Exclusive agents receive a lot of sales training on their products and sales techniques and that can be a competitive advantage.

Shown below is a short list of exclusive agents in Omaha that are able to give price quote information.

View more Omaha agents

Picking the best car insurance agent should include more criteria than just a cheap quote. Here are some questions you might want to ask.

• Will a damage claim use OEM or aftermarket replacement parts?
• Is every driver in your family covered?
• Are they paid to recommend certain coverages?
• Is working in the agency their full-time job?
• Do they feel the quoted coverages are adequate?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Is the agency involved in supporting local community causes?
• If independent agents, which companies do they recommend?

If you feel you receive good feedback to any questions you may have as well as offering an affordable quote, it’s possible that you found a car insurance agent that is reliable enough to insure your vehicles.

Coverages available on your policy

Knowing the specifics of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and coverage can change by endorsement. These are the normal coverages found on the average auto insurance policy.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Mazda MX-5 Miata.

Since a lot of drivers only carry the minimum required liability limits (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 very important. Usually these coverages are identical to your policy’s liability coverage.

Liability coverages

This coverage can cover damage that occurs to people or other property in an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which means a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things like repair costs for stationary objects, medical services and medical expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford. Nebraska requires drivers to carry at least 25/50/25 but you should consider buying better liability coverage.

The chart below shows why low liability limits may not be adequate.

Comprehensive or Other Than Collision

This covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, falling objects, rock chips in glass and hitting a deer. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical costs insurance

Coverage for medical payments and/or PIP pay for immediate expenses such as chiropractic care, pain medications and surgery. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision insurance

This coverage covers damage to your MX-5 Miata caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like sustaining damage from a pot hole, damaging your car on a curb, colliding with another moving vehicle and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible on your MX-5 Miata to save money on collision insurance.

The best rates come from being thorough

Cost effective Mazda MX-5 Miata insurance is possible from both online companies and with local Omaha insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance providers don’t offer the ability to get a quote online and most of the time these small insurance companies sell through independent insurance agents.

We just covered some good ideas how you can compare Mazda MX-5 Miata insurance premium rates in Omaha. The key concept to understand is the more rate quotes you have, the better chance you’ll have of finding the cheapest Mazda MX-5 Miata rate quotes. You may even discover the lowest priced insurance comes from a small local company. Some small companies may cover specific market segments cheaper than the large multi-state companies such as State Farm, GEICO and Nationwide.

As you shop your coverage around, do not sacrifice coverage to reduce premiums. There are many occasions where an accident victim reduced liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy the best coverage you can find for the lowest cost but still have enough coverage for asset protection.

How to find cheaper Mazda MX-5 Miata insurance in Omaha

If you want to save the most money, the best way to quote cheaper Mazda MX-5 Miata insurance is to make a habit of comparing prices annually from insurance carriers that insure vehicles in Omaha. You can shop around by completing these steps.

1. Take a little time to learn about how insurance works and the measures you can control to prevent expensive coverage. Many rating factors that cause high rates such as accidents, traffic violations, and a not-so-good credit score can be amended by making minor changes to your lifestyle.
2. Quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO and Allstate, while independent agencies can provide price quotes for a wide range of companies.
3. Compare the new rate quotes to your current policy and see if you can save money. If you find a lower rate quote and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Provide proper notification to your current company of your intention to cancel your existing policy. Submit the required down payment along with the signed application for the new coverage. Make sure you place the new certificate verifying coverage with your vehicle’s registration.

An essential thing to point out is that you’ll want to compare similar deductibles and liability limits on every quote request and and to get rate quotes from as many companies as possible. Doing this ensures the most accurate price comparison and a good representation of prices.

More detailed insurance information is available in the articles below:

• Should I Buy a New or Used Car? (Allstate)
• What Insurance is Cheapest for Seniors in Omaha? (FAQ)
• How Much are Omaha Auto Insurance Rates for Drivers Over Age 70? (FAQ)
• Who Has Cheap Car Insurance Quotes for Drivers with a Bad Driving Record in Omaha? (FAQ)
• Who Has Cheap Omaha Auto Insurance Rates for Nurses? (FAQ)
• Airbag FAQ (iihs.org)
• Side Impact Crash Tests (iihs.org)