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.

U.S. average auto insurance rates for a Mini Cooper are $1,220 annually for full coverage insurance. Comprehensive costs on average $250, collision costs $450, and liability coverage costs $384. Liability-only insurance costs as little as $432 a year, with high-risk driver insurance costing around $2,640. Teens pay the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Price estimates by individual coverage:

Price estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and for different Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on insurance rates. Rural areas have fewer physical damage claims than cities with more traffic congestion.

The price range example below illustrates how location impacts car insurance rates.

The ranges above illustrate why anyone shopping for car insurance should compare rates based on a specific location and their own personal driving habits, rather than using averaged prices.

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

Rate Comparisons

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

• The cheapest rate after discounts is $701
• Drivers who choose higher $1,000 deductibles will pay around $160 each year
• The estimated rate for the average middle-age driver with $500 deductibles is $1,220
• Selecting more expensive low deductibles for comprehensive and collision insurance will cost $1,528
• High-risk insureds with serious driving violations could pay upwards of $2,640 or more
• The price with full coverage for a teenage driver with full coverage may cost $4,582 a year

View Chart as Image

Car insurance prices for a Mini Cooper are also quite variable based on the trim level and model year, your risk profile, and policy deductibles and limits.

An older driver with no driving violations and high physical damage deductibles may only pay around $1,100 per year on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they will be charged upwards of $4,500 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are probably paying at a minimum $1,500 to $2,000 extra each year, depending on your age. High-risk driver insurance can cost around 44% to 137% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles could save up to $470 a year, while increasing your policy's liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

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

View Chart as Image

Since prices can be so different, the only way to figure out exactly what you will pay is to compare prices and see how they stack up. Every company calculates prices differently, so rate quotes may be quite 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 Cheaper Mini Cooper Insurance

Getting lower rates on auto insurance not only requires having a decent driving record, but also having a good credit score, not filing small claims, and maximizing policy discounts. Spend time shopping around every couple of years by obtaining price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following items are a condensed summary of the material that was touched on above.

• Consumers who require additional liability coverage will pay approximately $420 annually to go from a low limit to higher 250/500 limits
• 16 to 18-year-old drivers are expensive to insure, as much as $382 a month if comprehensive and collision insurance is included
• Drivers with multiple at-fault accidents may pay on average $1,420 more each year than a driver with a clean driving record
• Increasing physical damage deductibles could save up to $475 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.