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.

Average insurance rates for a Mini Cooper are $1,256 a year including full coverage. Comprehensive insurance costs an estimated $260 each year, collision costs $484, and liability costs $376. Liability-only coverage costs as little as $426 a year, with high-risk coverage costing $2,724 or more. 16-year-old drivers receive the highest rates at $4,698 a year or more.

Average premium for full coverage: $1,256

Rate estimates broken down by individual coverage type:

Estimates include $500 deductible amounts, 30/60 liability limits, and includes both medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on the price of auto insurance. More rural locations tend to have lower incidents of comprehensive and collision claims than congested cities.

The graphic below illustrates how where you live affects insurance prices.

These examples highlight why all drivers should compare rates for a targeted area, instead of using rate averages.

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

Rate Comparisons

The chart below breaks down estimated Mini Cooper insurance rates for other coverage scenarios.

• The best full coverage rate is $717
• Drivers who choose higher $1,000 deductibles will pay approximately $168 every year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,256
• Buying low deductibles for comprehensive and collision insurance will cost an additional $328 every year
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,724 or more
• The cost that insures a teen driver can cost as much as $4,698 a year

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on the trim level and model year, your driving record and age, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are likely paying $1,500 to $2,100 extra per year, depending on your age. Insurance for high-risk drivers can cost as much as 45% to 133% more than the average rate. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,200 per year on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will be charged at least $4,600 a year. View Rates by Age

Where you live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $960 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,790 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $500 every year, whereas increasing liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $263 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the best way to figure out which company is cheapest is to do a rate comparison and see which company has the best rate. Every company utilizes a different rate formula, so rate quotes can be significantly different.

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 Low Cost Mini Cooper Insurance

Saving money on car insurance not only requires having a good driving record, but also having a positive credit history, not filing small claims, and not having any coverage lapses. Comparison shop at every policy renewal by requesting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

The next list is a review of the data touched on in the above illustrations.

• Policyholders who want increased levels of liability coverage will pay around $410 per year to go from a minimum limit to the 250/500 level
• You may be able to save approximately $150 per year simply by quoting online in advance
• Increasing deductibles can save approximately $500 each year
• Drivers age 20 and younger have the highest car insurance rates, as much as $392 per month if full coverage is purchased

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.