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.

The average auto insurance rates for a Mini Cooper are $1,220 annually with full coverage. Comprehensive insurance costs an estimated $250 each year, collision costs $450, and liability is $384. A liability-only policy costs around $432 a year, with high-risk insurance costing $2,640 or more. Teens cost the most to insure at $4,582 a year or more.

Average premium for full coverage: $1,220

Policy rates broken down by type of insurance:

Estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and Cooper models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on car insurance rates. More rural locations are shown to have fewer collision claims than cities with more traffic congestion.

The graphic below illustrates the difference location can make on insurance prices.

The examples above demonstrate why all drivers should compare rates quotes for a targeted area and their own personal driving habits, instead of making a decision based on averaged prices.

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

Detailed Rate Analysis

The chart below details estimated Mini Cooper insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $701
• Raising to $1,000 deductibles will save approximately $160 annually
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,220
• Selecting low deductibles costs an additional $308 annually
• Drivers with serious driving violations could pay up to $2,640 or more
• Policy cost with full coverage for a 16-year-old driver can cost as much as $4,582

View Chart as Image

Car insurance rates for a Mini Cooper also range considerably based on the model year and trim level, your driving record, and liability limits and deductibles.

More mature drivers with no driving violations and high physical damage deductibles may pay as low as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged at least $4,500 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out $1,500 to $2,000 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 44% to 137% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $470 annually, whereas increasing liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $268 extra every 12 months. View Rates by Deductible or Liability Limit

Your home state also has a big influence on Mini Cooper insurance prices. A middle-age driver might find rates as low as $880 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,640 on average in New York, Michigan, and Florida.

View Chart as Image

Because rates have so much variability, the best way to find out which auto insurance is cheapest is to do a rate comparison from multiple companies. Every auto insurance company calculates rates differently, so rate quotes will be varied between companies.

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 Low Cost Mini Cooper Insurance

Finding cheaper rates on insurance for a Mini Cooper consists of being safe and accident-free, having a good credit score, not filing small claims, and not having any coverage lapses. Make time to compare rates at every other renewal by requesting quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below you'll find a review of the concepts that were touched on in this article.

• Drivers considered higher risk who have several accidents or serious violations pay on average $1,420 more annually than a low-risk driver
• Youthful drivers have the highest car insurance rates, as much as $382 each month if comprehensive and collision insurance is included
• You may be able to save approximately $150 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save up to $475 each year
• You may be able to save approximately $150 per year simply by quoting online in advance

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.