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 $1,220 a year with full coverage. Comprehensive costs on average $250, collision insurance costs $450, and liability coverage is $384. A liability-only policy costs around $432 a year, and high-risk insurance costs around $2,640. Teens receive the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Full coverage includes $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Rates are averaged for all U.S. states and for all Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on auto insurance rates. Rural areas tend to have a lower frequency of collision claims than cities with more traffic congestion. The example below illustrates how your location can change car insurance rates.

These examples demonstrate why everyone should compare rates quotes based on a specific location and risk profile, rather than using averaged prices.

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

Detailed Rate Analysis

The chart below details average Mini Cooper insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $701
• Raising to $1,000 deductibles will save around $160 annually
• The average rate for a 40-year-old driver with $500 deductibles is $1,220
• Selecting pricier low deductibles will increase the cost to $1,528
• Unlucky drivers with serious driving violations could pay upwards of $2,640
• The cost for full coverage for a teenage driver for full coverage may cost $4,582

View Chart as Image

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

A more mature driver with a clean driving record and high deductibles may only pay around $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay upwards of $4,500 a year. View Rates by Age

Where you live also has a big influence on Mini Cooper insurance rates. A middle-age driver might find rates as low as $880 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,640 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $470 a year, whereas buying more liability protection will cost you more. Moving from a 50/100 limit to a 250/500 limit will cost as much as $268 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out at a minimum $1,500 to $2,000 extra per year, depending on your age. Mini Cooper insurance for high-risk drivers is expensive and can cost around 44% to 137% more than the average policy. 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 More Affordable Mini Cooper Insurance

Saving money on auto insurance consists of having a decent driving record, maintaining good credit, eliminating unnecessary coverage, and determing if full coverage is necessary. Invest the time to shop around every year by requesting rates from direct companies like GEICO and Progressive, and also from local insurance agents.

The following items are a summary of the coverage data illustrated above.

• You may be able to save as much as $150 per year just by quoting online well ahead of the renewal date
• Increasing deductibles can save around $475 each year
• 16 to 18-year-old drivers pay the highest rates, with premiums as much as $382 per month for full coverage
• Drivers who have multiple accidents or major violations may be required to pay an average of $1,420 more each year than a driver with a clean driving record

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.