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.

Estimated insurance prices for a Mini Cooper are $1,188 every 12 months for full coverage. Comprehensive costs an estimated $240, collision insurance costs $424, and liability costs $388. A policy with only liability insurance costs as little as $434 a year, and a high-risk policy costs around $2,568. Teens pay the most at up to $4,482 a year.

Average premium for full coverage: $1,188

Premium estimates broken down by type of coverage:

Includes $500 policy deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Rates include averaging for all states and for different Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can make a big difference on insurance rates. More rural locations are statistically proven to have more infrequent accident claims than cities with more traffic congestion. The price range example below illustrates the difference between rural and urban areas on insurance prices.

These rate differences show why anyone shopping for car insurance should compare rates for a targeted area and their own driving history, 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 shows average Mini Cooper insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $686
• Drivers who choose higher $1,000 deductibles will pay approximately $152 a year
• The average price for a 40-year-old good driver who has $500 deductibles is $1,188
• Selecting more expensive low deductibles for comprehensive and collision insurance increases the price to $1,478
• Drivers with serious driving violations could pay up to $2,568
• An auto insurance policy to insure a 16-year-old driver with full coverage can cost as much as $4,482 a year

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Car insurance prices for a Mini Cooper also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles could save up to $450 annually, while increasing your policy's liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost up to $270 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will be charged at least $4,400 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying $1,400 to $2,000 extra annually, depending on your age. High-risk driver insurance can cost from 45% to 131% more than the average policy. View High Risk Driver Rates

Where you choose to live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $780 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,690 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 Shop for the Cheapest Mini Cooper Insurance

Finding better rates on insurance for a Mini Cooper not only requires avoiding accidents and claims, but also maintaining a good credit score, not filing small claims, and possibly higher deductibles. Set aside time to compare rates at least every other year by getting rate quotes from direct carriers, and also from several local insurance agents.

The points below are a recap of the car insurance concepts covered above.

• Drivers considered higher risk that have major violations or accidents pay on average $1,380 more annually to insure a Mini Cooper
• Drivers can save approximately $140 per year just by shopping early and online
• Increasing policy deductibles could save as much as $450 each year
• Insureds who want increased liability limits will pay approximately $430 each year to go from 30/60 bodily injury limits to a 250/500 level

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.