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 $1,220 annually for full coverage. Comprehensive insurance costs an estimated $250, collision insurance costs $450, and liability is estimated at $384. A policy with just liability insurance costs approximately $432 a year, and coverage for high-risk drivers costs $2,640 or more. Teen drivers receive the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Rate estimates broken down by individual coverage type:

Includes $500 deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Rates are averaged for all states and for all Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on insurance rates. More rural locations tend to have fewer accident claims than larger metro areas. The example below illustrates the difference between rural and urban areas on insurance prices.

These examples show why everyone should get quotes for a targeted area and their own personal driving habits, instead of using price averages.

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

Additional Rate Analysis

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

• The lowest rate with discounts is $701
• Choosing higher $1,000 deductibles can save approximately $160 a year
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,220
• Choosing pricier low deductibles for comp and collision coverage costs an additional $308 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,640
• The cost with full coverage for a teen driver for full coverage can cost as much as $4,582 each year

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Insurance rates for a Mini Cooper can also vary considerably based on the trim level of your Cooper, your driver profile, and liability limits and deductibles.

A more mature driver with no violations or accidents and high physical damage deductibles may pay as little as $1,100 annually on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they should be prepared to pay at least $4,500 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying $1,500 to $2,000 additional per year, depending on your age. Mini Cooper insurance for high-risk drivers ranges as much as 44% to 137% more than average. View High Risk Driver Rates

Choosing high deductibles can save as much as $470 every year, whereas buying more liability protection will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $268 more each year. View Rates by Deductible or Liability Limit

Where you live plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $800 a year in states like Iowa, Maine, and Idaho, or as much as $1,740 on average in New York, Louisiana, and Michigan.

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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 Buy the Cheapest Mini Cooper Insurance

Saving money on car insurance takes not taking risks behind the wheel, having good credit, eliminating unneeded coverage, and possibly raising deductibles. Set aside time to compare rates at least every other year by requesting quotes from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

The following is a recap of the car insurance concepts covered above.

• Higher risk drivers that have major violations or accidents may pay on average $1,420 more annually for Cooper insurance
• Drivers can save approximately $150 per year just by quoting online well ahead of the renewal date
• Increasing deductibles could save up to $475 each year
• Policyholders who want higher liability limits will pay about $420 each year to raise limits from a minimum limit to higher 250/500 limits

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.