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 including full coverage. Comprehensive insurance costs on average $250, collision insurance costs $450, and liability coverage is $384. Liability-only coverage costs around $432 a year, and high-risk coverage costs $2,640 or more. Teenage drivers cost the most to insure at up to $4,582 a year.

Average premium for full coverage: $1,220

Policy rates by type of insurance:

Full coverage includes $500 deductible amounts, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for different Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on car insurance rates. Rural areas are shown to have fewer comprehensive and collision claims than densely populated cities. The price range example below illustrates how location helps determine car insurance rates.

The examples above highlight why anyone shopping for car insurance should compare rates quotes based on a specific location and their own personal driving habits, rather than using average rates.

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

Rate Comparisons

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

• The best discount rate is $701
• Raising to $1,000 deductibles will save around $160 every year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,220
• Using more expensive low deductibles costs an additional $308 each year
• Unlucky drivers who are prone to accidents and violations could pay upwards of $2,640
• Policy cost with full coverage for a teenage driver with full coverage may cost $4,582

View Chart as Image

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

An older driver with no violations or accidents and high physical damage deductibles may only pay around $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 should be prepared to pay upwards of $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 are likely paying at a minimum $1,500 to $2,000 additional every year, depending on your age. High-risk driver insurance is expensive and can cost around 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 a year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $268 more each year. View Rates by Deductible or Liability Limit

Your home state also has a big influence on Mini Cooper insurance rates. A middle-age driver might find rates as low as $930 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,740 on average in Michigan, New York, and Louisiana.

View Chart as Image

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 More Affordable Mini Cooper Insurance

Finding cheaper rates on auto insurance consists of having a good driving record, having good credit, paying for small claims out-of-pocket, and dropping full coverage on older vehicles. Invest time comparing rates at every other renewal by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The next list is a summary of the concepts that were covered in the charts and tables above.

• Drivers who have multiple accidents or major violations pay on average $1,420 more each year to buy Mini Cooper insurance
• Drivers age 20 and younger pay higher rates, with premiums being up to $382 each month if they have full coverage
• You may be able to save as much as $150 per year just by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $475 each year
• You may be able to save as much as $150 per year just by shopping 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.