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 prices for a Mini Cooper are $1,220 every 12 months for full coverage. Comprehensive insurance costs an estimated $250 a year, collision costs $450, and liability insurance costs around $384. A liability-only policy costs as low as $432 a year, with high-risk insurance costing $2,640 or more. Teens pay the most at $4,582 a year or more.

Average premium for full coverage: $1,220

Premium estimates broken down by type of coverage:

Rate estimates include $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all states and Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a significant impact on insurance rates. More rural locations are statistically proven to have more infrequent accident claims than cities with more traffic congestion.

The diagram below illustrates the difference location can make on insurance prices.

These rate differences show why it is important to compare prices for a targeted area and their own driving history, rather than relying on averaged prices.

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

Rate Comparisons

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

• The cheapest rate after discounts is $701
• Using higher $1,000 deductibles will save approximately $1,060 a year
• The average price for a 40-year-old good driver who has $500 deductibles is $1,220
• Selecting low $100 deductibles for physical damage coverage costs an extra $308 a year
• Drivers with serious driving violations could pay up to $2,640 or more
• An auto insurance policy to insure a teen driver can cost as much as $4,582 or more

View Chart as Image

Auto insurance prices for a Mini Cooper also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $470 each year, while buying higher liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost up to $268 extra every year. View Rates by Deductible or Liability Limit

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

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

Where you choose to live has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see prices as low as $800 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,740 on average in New York, Louisiana, and Michigan.

View Chart as Image

With such a large range in prices, the only way to know which insurance company is cheapest is to get quotes from as many companies as possible. Each insurance company calculates prices differently, and quoted prices will be substantially 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 Shop for the Best Mini Cooper Insurance

Finding better rates on Mini Cooper insurance requires being a safe and courteous driver, having a good credit score, not filing small claims, and qualifying for all possible discounts. Make time to compare rates at every other renewal by getting quotes from direct carriers, and also from several local insurance agents.

Below is a brief recap of the concepts that were touched on in this article.

• High-risk drivers who tend to receive serious violations pay on average $1,420 more annually for auto insurance
• Teenage drivers are the costliest to insure, as much as $382 per month if comprehensive and collision insurance is included
• Drivers can save approximately $150 per year simply by quoting early and online
• Increasing policy deductibles could save as much as $475 each year
• Drivers can save approximately $150 per year simply by quoting early and online

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.