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 for full coverage insurance. Comprehensive costs on average $250, collision costs $450, and liability costs $384. A policy with just liability insurance costs as little as $432 a year, with coverage for high-risk drivers costing around $2,640. Teen drivers receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Price estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 states and for different Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can make a big difference on insurance rates. Rural areas tend to have a lower frequency of physical damage claims than larger metro areas.

The price range example below illustrates how your location can change car insurance rates.

These examples illustrate why anyone shopping for car insurance should compare rates based on a specific location and risk profile, instead of making a decision based on price averages.

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

Additional Rate Information

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

• The lowest rate with discounts is $701
• Drivers who choose higher $1,000 deductibles will pay around $160 each year
• The average rate for a 40-year-old driver with $500 deductibles is $1,220
• Choosing more expensive low deductibles for comprehensive and collision insurance will increase the cost to $1,528
• Drivers with multiple violations and an at-fault accident could pay upwards of $2,640 or more
• The cost for full coverage for a 16-year-old driver with full coverage may cost $4,582 a year

View Chart as Image

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

An older driver with no violations or accidents and high deductibles may pay as low as $1,100 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers should be prepared to pay upwards of $4,500 a year. View Rates by Age

Where you live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,640 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles could save up to $470 annually, while increasing your policy's liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will cost as much as $268 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying at a minimum $1,500 to $2,000 additional per year, depending on your age. High-risk driver insurance can cost from 44% to 137% more than average. View High Risk Driver Rates

With so much variability in rates, the only way to figure out exactly what you will pay is to compare rates from multiple companies. Every company uses a different rate calculation, and 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 Cheaper Mini Cooper Insurance

Saving money on insurance for a Mini Cooper not only requires being safe and accident-free, but also having a good credit history, avoid buying unnecessary coverage, and insuring your home and auto with the same company. Invest the time to shop around at least once a year by requesting rates from direct insurance companies like GEICO and Progressive, and also from local independent and exclusive agents.

Below you'll find a condensed summary of the primary concepts that were illustrated above.

• It is possible to save as much as $150 per year simply by shopping early and online
• Drivers considered higher risk with multiple at-fault accidents pay an average of $1,420 more each year than a low-risk driver
• Increasing deductibles can save around $475 each year
• Youthful drivers pay higher rates, costing up to $382 per month including comprehensive and collision 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.