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 $1,188 every 12 months for full coverage insurance. Comprehensive costs an estimated $240, collision insurance costs $424, and liability coverage is estimated at $388. Liability-only coverage costs approximately $434 a year, and high-risk coverage costs around $2,568. 16-year-old drivers cost the most to insure at up to $4,482 a year.

Average premium for full coverage: $1,188

Policy rates broken down by type of insurance:

Prices include $500 physical damage insurance deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and for all Cooper models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than congested cities. The example below illustrates how where you live affects insurance prices.

The examples above illustrate why everyone should get quotes for a targeted area and their own driving history, rather than using rate averages.

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

More Rate Information

The chart below illustrates average Mini Cooper insurance rates for other coverage scenarios.

• The best full coverage rate is $686
• Choosing higher $1,000 deductibles can save approximately $152 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,188
• Buying pricier low deductibles for comp and collision coverage increases the price to $1,478
• Drivers with multiple tickets or accidents could pay up to $2,568
• Policy cost to insure a teenage driver for full coverage can cost as much as $4,482 each year

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on liability limits and deductibles, your risk profile, and the model year and trim level.

Opting for high physical damage deductibles can save as much as $450 a year, whereas buying more liability protection will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $270 more each year. View Rates by Deductible or Liability Limit

A more mature driver with no violations or accidents and higher deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay at least $4,400 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying $1,400 to $2,000 additional every year, depending on your age. Mini Cooper insurance for high-risk drivers ranges around 45% to 131% more than the average rate. View High Risk Driver Rates

Your home state plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $770 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,600 on average in Florida, New York, and Michigan.

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 Shop for the Right Mini Cooper Insurance

Finding cheaper rates on auto insurance takes being a low-risk driver, having above-average credit, being claim-free, and possibly raising deductibles. Take the time to comparison shop at least every other year by requesting quotes from direct insurance companies, and also from insurance agencies where you live.

The items below are a quick rundown of the car insurance concepts touched on in the above illustrations.

• Drivers with reckless driving or DUI convictions could be forced to pay on average $1,380 more annually to insure their Cooper
• It is possible to save approximately $140 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save as much as $450 each year
• Consumers who want more liability coverage will pay around $430 annually to raise limits from a 30/60 limit to a 250/500 level

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.