Mini Cooper Insurance Rates

You may have found yourself wondering how much you might have to pay for MINI Cooper insurance rates. If this sounds like you, you should know that average insurance for a MINI Cooper amounts to $1,366 a year for full coverage, which translates to a $114 monthly bill.

There are a variety of factors that ultimately impact MINI Cooper insurance costs, such as the model year of the vehicle and the driver’s history. In order to help you effectively secure a cheap MINI Cooper insurance policy, we’ve prepared this comprehensive guide for you.

Once you’ve read through the material outlined in this article, you will be ready to spot a MINI insurance quote that works for your budget. In fact, you can get begin comparing MINI car insurance group rates by entering your five-digit ZIP code into our free online quote tool.

U.S. average insurance rates for a Mini Cooper are $1,188 a year for full coverage insurance. Comprehensive costs on average $240 a year, collision costs $424, and liability insurance costs $388. Buying just liability costs as little as $434 a year, with insurance for high-risk drivers costing around $2,568. 16-year-old drivers pay the highest rates at $4,482 a year or more.

Average premium for full coverage: $1,188

Price estimates by individual coverage:

Price estimates include $500 physical damage insurance deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on insurance rates. Rural areas have a lower frequency of physical damage claims than congested cities.

The diagram below illustrates how your location can change car insurance rates.

The ranges above illustrate why it is important to compare rates based on a specific location and risk profile, rather than relying on rate averages.

Use the form below to get customized rates for your location.

Rate Comparisons

The chart below illustrates estimated Mini Cooper insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $686
• Drivers who choose higher $1,000 deductibles will pay around $1,036 each year
• The average rate for the average middle-age driver with $500 deductibles is $1,188
• Buying low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,478
• High risk drivers with multiple tickets or accidents could pay upwards of $2,568 or more
• The price for full coverage for a teen driver may cost $4,482 a year

View Chart as Image

Insurance prices for a Mini Cooper are also quite variable based on your driving record, the model year and trim level, and policy deductibles and limits.

Older drivers with no violations or accidents and high deductibles could pay as little as $1,100 per year on average for full coverage. Prices are highest for teenage drivers, where even good drivers should be prepared to pay upwards of $4,400 a year. View Rates by Age

The state you live in makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $770 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,600 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $450 each year, while buying higher liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $270 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at a minimum $1,400 to $2,000 additional each year, depending on your age. A high-risk auto insurance policy can cost anywhere from 45% to 131% more than the average rate. View High Risk Driver Rates

Since prices can be so different, the only way to figure out exactly what you will pay is to get quotes from as many companies as possible. Every company utilizes a different rate formula, and prices may be quite different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2019 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheaper Mini Cooper Insurance

Getting lower rates on Mini Cooper insurance not only requires being a low-risk driver, but also having a good credit history, not filing small claims, and insuring your home and auto with the same company. Invest the time to shop around every couple of years by getting rate quotes from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

The items below are a condensed summary of the material that was illustrated above.

• Drivers who require more liability coverage will pay around $430 annually to go from a low limit to 250/500 limits
• Teen drivers pay higher prices, as much as $374 a month including comprehensive and collision insurance
• High-risk drivers with multiple at-fault accidents pay an average of $1,380 more each year to insure their Cooper
• Increasing physical damage deductibles can save around $450 each year

Now that you are aware of how MINI Cooper rates can fluctuate, you have a better understanding of what you might expect to pay based on the model year of your vehicle. For example, the insurance cost of a 2015 MINI Cooper will be different than the price range of a 2008 MINI Cooper.

The best way to find out what your individual policy will look like is by using our free online quote tool below.

What are the safety ratings of the MINI Cooper?

It’s important to consider the safety ratings of the MINI Cooper to get a good idea of where you might qualify for policy discounts. 

Take a look at the safety ratings of the MINI Cooper below so you can see where you might be eligible for policy discounts.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): N/R
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

For a frame of reference, the Insurance Institute for Highway Safety (IIHS) classifies “Good” as the highest rating possible. The MINI Cooper achieved that mark in every part of the car that was tested, which is helpful when it comes to reducing insurance rates.

MINI Cooper Compared Against Other Vehicles in the Same Class

Experts from the IIHS classify the MINI Cooper as a small two-door car. By comparison, other similar models include the following:

• Hyundai Accent
• Kia Rio
• Chevrolet Spark

When providing you with a quote, insurance companies will consider the loss percentages of the MINI Cooper as it compares to other similar models in this class. 

The good news is that the MINI Cooper reflects a good loss percentage for bodily injury liability at -25 percent and -23 percent for property damage liability.

By now you should have a great handle on how MINI Cooper auto insurance rates are calculated, so is there anything we might have missed? If not, start comparing MINI Cooper car insurance rates from multiple companies by using our quoting tool now.