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 insurance prices for a Mini Cooper are $1,220 every 12 months with full coverage. Comprehensive costs an estimated $250, collision costs $450, and liability is $384. Liability-only coverage costs around $432 a year, with high-risk coverage costing around $2,640. Teen drivers pay the most at $4,582 a year or more.

Average premium for full coverage: $1,220

Premium estimates broken down by type of coverage:

Prices are based on $500 deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Rates include averaging for all U.S. states and for different Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. More rural locations are statistically proven to have more infrequent collision claims than larger metro areas.

The price range example below illustrates how location impacts insurance prices.

These rate differences demonstrate why anyone shopping for car insurance should compare rates quotes for a targeted area and their own driving history, instead of using price averages.

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 other coverage scenarios.

• The lowest rate with discounts is $701
• Raising to $1,000 deductibles will save approximately $160 annually
• The average price for a 40-year-old good driver who has $500 deductibles is $1,220
• Choosing more expensive low deductibles increases the price to $1,528
• At-risk drivers with multiple violations and an at-fault accident could pay up to $2,640 or more
• An auto insurance policy to insure a teen driver with full coverage can cost as much as $4,582

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Insurance prices for a Mini Cooper also have a wide range based on physical damage deductibles and liability limits, your driving record, and the model year and trim level.

Choosing high deductibles can reduce prices by up to $470 every year, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will cost up to $268 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers can expect to pay at least $4,500 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you may be forking out $1,500 to $2,000 extra annually, depending on your age. High-risk driver insurance is expensive and can cost as much as 44% to 137% more than average. View High Risk Driver Rates

Where you choose to live also has a big influence on Mini Cooper insurance prices. A middle-age driver might find prices as low as $880 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,640 on average in New York, Michigan, and Florida.

View Chart as Image

With such a large range in prices, the best way to find out which insurance company is cheapest is to compare prices and see which company has the best price. Every auto insurance company uses a different rate calculation, so the prices will be substantially 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 Shop for Affordable Mini Cooper Insurance

Finding better rates on car insurance consists of not taking risks behind the wheel, having good credit, being claim-free, and taking advantage of discounts. Spend time shopping around every time your policy renews by getting quotes from direct companies, and also from your local independent and exclusive agents.

The following is a brief review of the information touched on above.

• You may be able to save approximately $150 per year simply by shopping early and online
• Teens are charged the highest prices, possibly costing $382 per month if they have full coverage
• Increasing policy deductibles could save as much as $475 each year
• Higher risk drivers with DUI or reckless driving convictions may pay on average $1,420 more annually for Cooper insurance
• Policyholders who want higher liability limits will pay about $420 every year to raise from 30/60 bodily injury limits 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.