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.

Estimated insurance rates for a Mini Cooper are $1,220 a year for full coverage. Comprehensive insurance costs an estimated $250 a year, collision insurance costs $450, and liability insurance costs $384. A liability-only policy costs as little as $432 a year, and high-risk insurance costs $2,640 or more. 16-year-old drivers pay the most at up to $4,582 a year.

Average premium for full coverage: $1,220

Premium estimates broken down by type of coverage:

Prices are based on $500 physical damage insurance deductibles, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Rates include averaging for all states and Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a significant impact on insurance rates. More rural locations are statistically proven to have a lower frequency of accident claims than congested cities. The diagram below illustrates the difference location can make on insurance prices.

These rate differences show why it is important to compare rates for a targeted area and risk profile, rather than relying on rate averages.

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

More Rate Information

The chart below shows average Mini Cooper insurance rates for other coverage scenarios.

• The best full coverage rate is $701
• Drivers who choose higher $1,000 deductibles will pay approximately $1,060 a year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,220
• Buying low $100 deductibles for comprehensive and collision insurance will cost an extra $308 a year
• High risk drivers with multiple tickets or accidents could pay up to $2,640
• An auto insurance policy for full coverage for a teen driver can cost as much as $4,582 a year

View Chart as Image

Auto insurance prices for a Mini Cooper also have a wide range based on your driving characteristics, the trim level of your Cooper, and liability limits and deductibles.

Older drivers with a good driving record and high deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay at least $4,500 a year. View Rates by Age

Where you choose to live makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $800 a year in states like Iowa, Maine, and Idaho, or at least $1,740 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $470 each year, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost up to $268 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying $1,500 to $2,000 in extra premium annually, depending on your age. A high-risk auto insurance policy can cost anywhere from 44% to 137% more than the average rate. View High Risk Driver Rates

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 Affordable Mini Cooper Insurance

Finding better rates on Mini Cooper insurance not only requires being a low-risk driver, but also having good credit, not filing small claims, and consideration of higher deductibles. Make time to compare rates every year by getting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The items below are a brief review of the coverage data touched on in this article.

• Drivers can save approximately $150 per year just by quoting early and online
• Increasing policy deductibles can save around $475 each year
• Teen drivers are the costliest to insure, as much as $382 per month if they have full coverage
• High-risk drivers with DUI or reckless driving convictions pay an average of $1,420 more annually to insure their Cooper

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.