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 $1,220 every 12 months with full coverage. Comprehensive insurance costs on average $250 a year, collision costs $450, and liability costs $384. A liability-only policy costs as little as $432 a year, with high-risk insurance costing $2,640 or more. Teens cost the most to insure at $4,582 a year or more.

Average premium for full coverage: $1,220

Policy rates by type of insurance:

Prices include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on auto insurance rates. Rural areas are shown to have more infrequent collision claims than cities with more traffic congestion.

The diagram below illustrates how geographic area affects car insurance rates.

The examples above demonstrate why it is important to compare rates based on a specific location and their own driving history, instead of making a decision based on averaged prices.

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

Rates by State, City, and Model

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

• The cheapest rate after discounts is $701
• Drivers who choose higher $1,000 deductibles will pay around $1,060 annually
• The average price for a good driver age 40 with $500 deductibles is $1,220
• Selecting low $100 deductibles for comprehensive and collision insurance costs an extra $308 annually
• Drivers with serious driving violations could pay upwards of $2,640 or more
• Policy cost to insure a 16-year-old driver may cost $4,582 a year

View Chart as Image

Car insurance rates for a Mini Cooper also range considerably based on liability limits and deductibles, your driving record, and the trim level of your Cooper.

Choosing higher comprehensive and collision insurance deductibles could save up to $470 annually, while buying higher liability limits will cost you more. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $268 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged upwards of $4,500 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out at a minimum $1,500 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy can cost from 44% to 137% more than the average policy. 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 $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

Because rates have so much variability, the best way to find out exactly what you will pay is to get quotes from multiple companies. Every company calculates rates differently, so rate quotes 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 the Right Mini Cooper Insurance

Finding cheaper rates on insurance for a Mini Cooper not only requires having a decent driving record, but also maintaining a good credit score, not filing small claims, and maximizing policy discounts. Invest the time to compare rates every year by requesting rates from direct companies, and also from local exclusive and independent agents.

The following items are a quick rundown of the coverage data presented in the illustrations above.

• You may be able to save as much as $150 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $475 each year
• 16 to 18-year-old drivers are expensive to insure, as much as $382 each month if the policy includes full coverage
• Drivers considered higher risk with reckless driving or DUI convictions may pay on average $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.