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 $1,188 annually for full coverage insurance. Comprehensive costs on average $240 each year, collision costs $424, and liability coverage costs around $388. A liability-only policy costs as low as $434 a year, with high-risk insurance costing around $2,568. Teenage 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:

These estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Rates are averaged for all 50 states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on insurance rates. Rural areas tend to have fewer physical damage claims than densely populated cities.

The graphic below illustrates the effect of geographic area on car insurance rates.

These examples illustrate why all drivers should compare prices based on a specific location and their own personal driving habits, rather than using average rates.

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

More Rate Details

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

• The best discount rate is $686
• Using higher $1,000 deductibles will save around $152 each year
• The estimated rate for a 40-year-old driver with $500 deductibles is $1,188
• Using low deductibles for physical damage coverage will cost $1,478
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,568 or more
• The cost with full coverage for a teenage driver may cost $4,482 or more

View Chart as Image

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

More mature drivers with a clean driving record and high physical damage deductibles may only pay around $1,100 a year for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they can expect to pay upwards of $4,400 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying at a minimum $1,400 to $2,000 extra per year, depending on your age. Insurance for high-risk drivers can be around 45% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $450 a year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $270 more per year. View Rates by Deductible or Liability Limit

Where you live has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see rates as low as $770 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,600 on average in Michigan, New York, and Florida.

View Chart as Image

With so much variability in rates, the only way to figure out exactly what you will pay is to do a rate comparison and see how they stack up. Each insurance company uses a different method to calculate rates, so the rates can be significantly different 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 Cheap Mini Cooper Insurance

Saving money on auto insurance requires having a decent driving record, having a good credit history, avoid buying unnecessary coverage, and bundling your home and auto policies. Take the time to compare rates every couple of years by getting rate quotes from direct insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.

The following items are a brief summary of the material that was covered in the above illustrations.

• Consumers who require additional liability coverage will pay an extra $430 annually to increase from a minimum limit to higher 250/500 limits
• 16 to 18-year-old drivers pay the highest rates, costing up to $374 per month including comprehensive and collision insurance
• Drivers that tend to have accidents or serious violations may pay on average $1,380 more each year than a driver with a clean driving record
• Increasing deductibles could save up to $450 each year

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.