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 insurance prices for a Mini Cooper are $1,256 every 12 months for full coverage. Comprehensive costs approximately $260 a year, collision costs $484, and liability costs $376. Liability-only coverage costs as little as $426 a year, with high-risk coverage costing around $2,724. Teen drivers cost the most to insure at $4,698 a year or more.

Average premium for full coverage: $1,256

Policy rates by type of insurance:

Estimates include $500 deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on car insurance rates. Rural locations are shown to have more infrequent accident claims than larger metro areas.

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

The examples above show why it is important to compare rates using their specific location and their own driving history, instead of making a decision based on price averages.

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 and risk scenarios.

• The lowest rate with discounts is $717
• Drivers who choose higher $1,000 deductibles will pay $1,088 a year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,256
• Choosing low $100 deductibles for comprehensive and collision insurance increases the price to $1,584
• Drivers with multiple violations and an at-fault accident could pay around $2,724 or more
• Policy cost to insure a 16-year-old driver can cost $4,698 a year

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on liability limits and deductibles, your driver profile, and the model of your Cooper.

Choosing high deductibles could save up to $500 annually, while buying higher liability limits will push rates upward. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $263 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may pay as low as $1,200 per year on average, or $100 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay in the ballpark of $4,600 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying anywhere from $1,500 to $2,100 additional every year, depending on your age. A high-risk auto insurance policy can cost from 45% to 133% more than average. View High Risk Driver Rates

Your home state makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $830 a year in states like Iowa, Maine, and Idaho, or as much as $1,790 on average in New York, Louisiana, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to get quotes from multiple companies. Every company uses a different rate calculation, and rates will be varied.

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 Low Cost Mini Cooper Insurance

Finding cheaper rates on insurance for a Mini Cooper not only requires not taking risks behind the wheel, but also having above-average credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Make time to compare rates at every policy renewal by getting quotes from direct carriers, and also from your local independent and exclusive agents.

The following is a review of the data touched on in this article.

• Insureds who purchase higher liability limits will pay about $410 each year to go from a 30/60 limit to a 250/500 level
• Drivers can save around $150 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $500 each year
• Teens are the costliest to insure, costing up to $392 each month if full coverage is included

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.