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 insurance rates for a Mini Cooper are $1,220 a year with full coverage. Comprehensive costs on average $250 each year, collision costs $450, and liability coverage is estimated at $384. A policy with just liability insurance costs approximately $432 a year, with coverage for high-risk drivers costing around $2,640. 16-year-old drivers pay the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Price estimates by individual coverage:

Includes $500 policy deductibles, liability coverage up to 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all U.S. states and Cooper models.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on auto insurance rates. Rural areas have a lower frequency of collision claims than congested cities.

The graphic below illustrates how location helps determine car insurance rates.

The ranges above demonstrate why all drivers should get quotes based on a specific location and risk profile, rather than using rate averages.

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

Detailed Rate Analysis

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

• The best full coverage rate is $701
• Choosing higher $1,000 deductibles can save around $160 annually
• The average rate for the average middle-age driver with $500 deductibles is $1,220
• Buying low deductibles for comp and collision coverage will increase the cost to $1,528
• Drivers with multiple tickets or accidents could pay upwards of $2,640 or more
• The price for full coverage for a teenage driver may cost $4,582 each year

View Chart as Image

Insurance prices for a Mini Cooper are also quite variable based on your driving record, the trim level and model year, and policy deductibles and limits.

More mature drivers with a clean driving record and high deductibles may only pay around $1,100 annually on average for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay upwards of $4,500 a year. View Rates by Age

The state you live in plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $880 a year in states like New Hampshire, Ohio, and Utah, or at least $1,640 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles can save as much as $470 a year, whereas increasing liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $268 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out at a minimum $1,500 to $2,000 extra each year, depending on your age. Insurance for high-risk drivers ranges around 44% to 137% more than the average rate. View High Risk Driver Rates

Since prices can be so different, the best way to find out exactly what you will pay is to do a rate comparison and see how they stack up. Each auto insurer utilizes a different rate formula, so the prices may be quite 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 the Cheapest Mini Cooper Insurance

Getting lower rates on auto insurance takes being safe and accident-free, maintaining good credit, avoid buying unnecessary coverage, and bundling your home and auto policies. Invest time comparing rates every time your policy renews by getting rate quotes from direct companies like Progressive and GEICO, and also from local insurance agents.

Below you'll find a recap of the information covered in the charts and tables above.

• You may be able to save as much as $150 per year simply by quoting online in advance
• Youthful drivers pay the highest prices, costing up to $382 a month for full coverage
• Increasing physical damage deductibles can save around $475 each year
• Drivers that have major violations or accidents may be required to pay an average of $1,420 more each year than a low-risk driver
• Consumers who require more liability protection will pay around $420 every year to raise limits from a low limit to 250/500 limits

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.