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 $1,188 a year including full coverage. Comprehensive insurance costs on average $240 a year, collision costs $424, and liability is $388. Buying just liability costs around $434 a year, with insurance for high-risk drivers costing $2,568 or more. 16-year-old drivers receive the highest rates at $4,482 a year or more.

Average premium for full coverage: $1,188

Rate estimates by individual coverage type:

Rate estimates include $500 policy deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas tend to have a lower frequency of comprehensive and collision claims than congested cities.

The diagram below illustrates how location impacts car insurance rates.

These examples highlight why it is important to compare rates quotes based on a specific location and risk profile, instead of making a decision based on rate averages.

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

Detailed Rate Analysis

The chart below breaks down estimated Mini Cooper insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $686
• Raising to $1,000 deductibles will save around $1,036 every year
• The average rate for a 40-year-old driver with $500 deductibles is $1,188
• Buying low $100 deductibles will cost an extra $290 annually
• Drivers with multiple tickets or accidents could pay upwards of $2,568 or more
• The cost for full coverage for a 16-year-old driver may cost $4,482

View Chart as Image

Auto insurance rates for a Mini Cooper can also vary considerably based on your driver profile, the model of your Cooper, and policy deductibles and limits.

Older drivers with a good driving record and high deductibles may pay as low as $1,100 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay upwards of $4,400 a year. View Rates by Age

Where you live also has a big influence on Mini Cooper insurance prices. A middle-age driver might find rates as low as $910 a year in states like Missouri, New Hampshire, and Vermont, or at least $1,690 on average in Michigan, New York, and Louisiana.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $450 annually, while buying higher liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost as much as $270 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying at a minimum $1,400 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 45% to 131% more than the average rate. View High Risk Driver Rates

With so much variability in rates, the best way to figure out exactly what you will pay is to get quotes from multiple companies. Every auto insurance company utilizes a different rate formula, and quoted rates can be significantly different from one company to the next.

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 the Best Mini Cooper Insurance

Saving money on insurance for a Mini Cooper consists of being safe and accident-free, having good credit, not filing small claims, and taking advantage of discounts. Spend time shopping around every year by quoting rates from direct car insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

Below you'll find a brief recap of the coverage data touched on above.

• You may be able to save as much as $140 per year simply by quoting early and online
• Increasing deductibles can save around $450 each year
• Youthful drivers are charged the highest rates, as much as $374 per month if they have full coverage
• Drivers considered higher risk who tend to receive serious violations may pay on average $1,380 more each year than a low-risk driver

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.