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.

Average insurance rates for a Mini Cooper are $1,220 a year including full coverage. Comprehensive insurance costs around $250 a year, collision costs $450, and liability costs around $384. Liability-only coverage costs as low as $432 a year, with high-risk coverage costing $2,640 or more. Teen drivers receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates for individual coverage type:

Price estimates include $500 deductible amounts, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 U.S. states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on the price of insurance. Areas with sparse population tend to have lower incidents of comprehensive and collision claims than larger metro areas.

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

These examples highlight why it is important to compare prices for a specific zip code, instead of using price averages.

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

Additional Rate Information

The chart below breaks down estimated Mini Cooper insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $701
• Using higher $1,000 deductibles will save about $1,060 every year
• The estimated price for a 40-year-old driver using $500 deductibles is $1,220
• Choosing low $100 deductibles for physical damage coverage will cost an additional $308 every year
• Drivers with multiple violations and an at-fault accident could pay at least $2,640 or more
• The cost that insures a teen driver can be $4,582 or more

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on the trim level of your Cooper, your driving record and age, and deductibles and policy limits.

If you like to drive fast or you caused an accident, you are likely paying at least $1,500 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy can be as much as 44% to 137% more than average. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,100 a year for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will be charged as much as $4,500 a year. View Rates by Age

Where you live has a huge impact on Mini Cooper insurance prices. A driver around age 40 might see rates as low as $930 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,740 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles could cut rates by as much as $470 every year, while buying higher liability limits will increase rates. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the best way to figure out your exact price is to get quotes and see which company has the best rate. Each insurance company uses a different rate calculation, so rate quotes can be significantly different.

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 Find Cheaper Mini Cooper Insurance

Saving money on car insurance requires having a good driving record, having a positive credit history, not filing small claims, and qualifying for all possible discounts. Shop around every time your policy renews by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The next list is a condensed summary of the information presented in the illustrations above.

• You may be able to save up to $150 per year simply by quoting early and online
• Drivers age 20 and younger are the costliest to insure, as much as $382 per month if full coverage is purchased
• Increasing deductibles can save approximately $475 each year
• Higher risk drivers with multiple at-fault accidents may have to pay on average $1,420 more every year to buy Mini Cooper insurance
• Policyholders who may need increased levels of liability coverage will pay about $420 per year to increase from a minimum limit to the 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.