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 auto insurance rates for a Mini Cooper are $944 annually with full coverage. Comprehensive insurance costs approximately $170, collision insurance costs $236, and liability costs $402. A policy with just liability insurance costs as little as $446 a year, and coverage for high-risk drivers costs $2,030 or more. Teen drivers receive the highest rates at up to $3,714 a year.

Average premium for full coverage: $944

Rate estimates by individual coverage type:

Full coverage includes $500 deductible amounts, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Rates are averaged for all U.S. states and for all Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on the price of insurance. Rural locations tend to have fewer collision claims than larger metro areas. The example below illustrates how location impacts auto insurance prices.

These examples demonstrate why everyone should compare rates using their specific location and their own personal driving habits, instead of using price averages.

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

Detailed Rate Analysis

The chart below details average Mini Cooper insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $567
• Drivers who choose higher $1,000 deductibles will pay $94 annually
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $944
• Choosing pricier low deductibles for comprehensive and collision insurance costs an additional $174 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,030
• The cost with full coverage for a teen driver for full coverage can cost $3,714 a year

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Insurance rates for a Mini Cooper can also vary considerably based on the trim level of your Cooper, your driving record, and physical damage deductibles and liability limits.

A more mature driver with no violations or accidents and high physical damage deductibles may pay as little as $900 per year on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $3,700 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you may be forking out anywhere from $1,100 to $1,600 additional per year, depending on your age. Mini Cooper insurance for high-risk drivers can cost as much as 43% to 130% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $270 every year, whereas buying more liability protection will push rates upward. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $281 more each year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $680 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,270 on average in New York, Michigan, and Florida.

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Insurance Rates by Trim Level and Model Year

Rates assume 2009 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

Saving money on car insurance not only requires having a good driving record, but also having good credit, eliminating unnecessary coverage, and consideration of higher deductibles. Spend time shopping around every year by getting rate quotes from direct companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The next list is a summary of the coverage data touched on above.

• You may be able to save around $110 per year just by quoting online well ahead of the renewal date
• Increasing deductibles could save up to $275 each year
• Drivers age 20 and younger are the costliest to insure, with premiums as much as $310 per month if they have full coverage
• Higher risk drivers who have multiple accidents or major violations may pay on average $1,090 more per year to buy Mini Cooper insurance

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.