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.

The average auto insurance rates for a Mini Cooper are $1,220 annually for full coverage. Comprehensive insurance costs around $250 each year, collision costs $450, and liability is $384. Buying just liability costs around $432 a year, with insurance for high-risk drivers costing $2,640 or more. Teenage drivers cost the most to insure at $4,582 a year or more.

Average premium for full coverage: $1,220

Policy rates for type of insurance:

Price estimates include $500 deductibles, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and Cooper models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on auto insurance rates. Areas with sparse population are shown to have fewer accident claims than densely populated cities.

The graphic below illustrates how your location can change auto insurance rates.

The examples above show why all drivers should compare rates quotes for a specific zip code and their own personal driving habits, instead of using average rates.

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

Additional Charts and Tables

The chart below shows estimated Mini Cooper insurance rates for additional coverage choices and driver risks.

• The best discount rate is $701
• Raising to $1,000 deductibles will save about $160 a year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,220
• Using low deductibles costs an additional $308 every year
• At-risk drivers who are prone to accidents and violations could pay at least $2,640 or more
• Policy cost with full coverage for a teen driver can be $4,582

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on the model year and trim level, your driver profile, and deductibles and policy limits.

More mature drivers with a clean driving record and high physical damage deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay as much as $4,500 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying at least $1,500 to $2,000 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 44% to 137% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $470 every year, whereas increasing liability limits will increase rates. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $268 more per year. View Rates by Deductible or Liability Limit

Your home state also has a big influence on Mini Cooper insurance prices. A middle-age driver might find rates as low as $800 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

Because rates have so much variability, the only way to know your exact price is to do a rate comparison and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, so the rates will be varied between companies.

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 Buy Cheaper Mini Cooper Insurance

Finding cheaper rates on car insurance consists of not taking risks behind the wheel, having a good credit history, avoid buying unnecessary coverage, and insuring your home and auto with the same company. Invest the time to shop around every time your policy renews by quoting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following is a condensed summary of the information illustrated above.

• Drivers can save up to $150 per year simply by quoting online in advance
• Teens pay higher rates, costing up to $382 each month including comprehensive and collision insurance
• Increasing comprehensive and collision deductibles could save up to $475 each year
• Higher risk drivers with multiple at-fault accidents pay an average of $1,420 more every year for Cooper insurance
• Policyholders who may need higher liability limits will pay an extra $420 each year to raise from a 30/60 limit to higher 250/500 limits

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.