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 auto insurance rates for a Mini Cooper are $1,188 annually for full coverage insurance. Comprehensive insurance costs on average $240 each year, collision costs $424, and liability costs $388. A policy with only liability insurance costs as little as $434 a year, with a high-risk policy costing $2,568 or more. Teenage drivers pay the most at $4,482 a year or more.

Average premium for full coverage: $1,188

Premium estimates by type of coverage:

Rate estimates include $500 deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all 50 states and Cooper models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can have significant affects on insurance rates. Rural areas are statistically proven to have fewer physical damage claims than densely populated cities.

The graphic below illustrates how location impacts car insurance rates.

These rate differences illustrate why all drivers should compare rates based on a specific location and their own personal driving habits, instead of using average rates.

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

Rate Comparisons

The chart below illustrates estimated Mini Cooper insurance rates for different risk profiles and scenarios.

• The best discount rate is $686
• Drivers who choose higher $1,000 deductibles will pay around $152 each year
• The estimated rate for a 40-year-old good driver with $500 deductibles is $1,188
• Using low deductibles for comprehensive and collision insurance costs an additional $290 every year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,568 or more
• An auto insurance policy with full coverage for a teen driver may cost $4,482 a year

View Chart as Image

Car insurance prices for a Mini Cooper also have a wide range based on the model of your Cooper, your risk profile, and policy deductibles and limits.

More mature drivers with no driving violations and high physical damage deductibles may pay as little as $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they will be charged upwards of $4,400 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are probably paying at a minimum $1,400 to $2,000 extra annually, depending on your age. Insurance for high-risk drivers can cost as much as 45% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $450 every year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost up to $270 extra every 12 months. View Rates by Deductible or Liability Limit

Where you choose to live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $770 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,600 on average in Michigan, New York, and Florida.

View Chart as Image

With such a large range in prices, the only way to figure out exactly what you will pay is to do a rate comparison and see which company has the best price. Every company uses a different method to calculate prices, so rate quotes will be substantially different between companies.

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 the Best Mini Cooper Insurance

Finding better rates on car insurance not only requires not taking risks behind the wheel, but also having a good credit score, paying for small claims out-of-pocket, and maximizing policy discounts. Spend time shopping around every couple of years by getting quotes from direct insurance companies, and also from local exclusive and independent agents.

The following is a brief recap of the material that was touched on above.

• Policyholders who require higher liability limits will pay an extra $430 annually to go from 30/60 bodily injury limits to higher 250/500 limits
• Teens are expensive to insure, with premiums being up to $374 per month if comprehensive and collision insurance is included
• Higher risk drivers who tend to receive serious violations may pay on average $1,380 more each year for Cooper insurance
• Increasing policy deductibles could save up to $450 each year

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.