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 rates for a Mini Cooper are $1,220 a year including full coverage. Comprehensive insurance costs around $250, collision insurance costs $450, and liability coverage is $384. Liability-only insurance costs around $432 a year, and high-risk driver insurance costs $2,640 or more. 16-year-old drivers pay the most at up to $4,582 a year.

Average premium for full coverage: $1,220

Premium estimates for type of coverage:

Estimates include $500 policy deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Rates include averaging for all 50 U.S. states and for different Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on the price of insurance. Areas with sparse population are statistically proven to have lower incidents of comprehensive and collision claims than congested cities. The price range example below illustrates how rural and urban location affects auto insurance rates.

These rate differences highlight why anyone shopping for car insurance should compare rates quotes for a specific zip code, rather than using rate averages.

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

Rates by State, City, and Model

The chart below breaks down average Mini Cooper insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $701
• Raising to $1,000 deductibles will save about $160 every year
• The estimated price for a 40-year-old good driver using $500 deductibles is $1,220
• Buying more expensive low deductibles will cost an additional $308 each year
• Unlucky drivers with multiple tickets or accidents could pay at least $2,640
• An auto insurance policy that insures a teenage driver with full coverage can be $4,582

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on the model year and trim level, your driving record and age, and deductibles and policy limits.

If you have a few violations or you caused an accident, you are likely paying at least $1,500 to $2,000 additional annually, depending on your age. High-risk driver insurance is expensive and can cost around 44% to 137% more than the average rate. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay as much as $4,500 a year. View Rates by Age

Where you choose to live also has a big influence on Mini Cooper insurance rates. A middle-age driver might find prices as low as $930 a year in states like Missouri, New Hampshire, and Vermont, or at least $1,740 on average in Michigan, New York, and Louisiana.

View Chart as Image

Opting for high physical damage deductibles can reduce prices by up to $470 a year, while increasing your policy's liability limits will increase prices. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $268 more each year. View Rates by Deductible or Liability Limit

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 Low Cost Mini Cooper Insurance

Finding better rates on auto insurance consists of being safe and accident-free, having a good credit score, refrain from filing small claims, and deciding if full coverage is necessary. Comparison shop every time your policy renews by getting quotes from direct car insurance companies, and also from local insurance agencies.

Below you'll find a review of the information raised in the charts and tables above.

• You may be able to save up to $150 per year just by shopping early and online
• Youthful drivers are charged the highest prices, with the cost nearing $382 per month if comprehensive and collision insurance is included
• Increasing policy deductibles can save approximately $475 each year
• Drivers who have several accidents or serious violations may have to pay on average $1,420 more every year than a low-risk driver
• Consumers who may need more liability protection will pay around $420 per year to raise from 30/60 bodily injury limits to the 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.