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 insurance rates for a Mini Cooper are $1,188 a year including full coverage. Comprehensive costs approximately $240, collision insurance costs $424, and liability coverage costs around $388. A policy with just liability insurance costs as low as $434 a year, and coverage for high-risk drivers costs around $2,568. Teen drivers receive the highest rates at up to $4,482 a year.

Average premium for full coverage: $1,188

Rate estimates by individual coverage type:

Prices include $500 deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and for different Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on car insurance prices. Rural locations tend to have a lower frequency of comprehensive and collision claims than larger metro areas. The price range example below illustrates how location impacts auto insurance prices.

These examples highlight why anyone shopping for car insurance should compare prices using their specific location and risk profile, rather than using price averages.

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

Detailed Rate Analysis

The chart below breaks down average Mini Cooper insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $686
• Using higher $1,000 deductibles will save $152 every year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,188
• Choosing more expensive low deductibles for physical damage coverage will increase the cost to $1,478
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,568
• The cost for full coverage for a teenage driver with full coverage can cost $4,482 or more

View Chart as Image

Insurance rates for a Mini Cooper can also vary considerably based on your driver profile, the model of your Cooper, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high deductibles may only pay around $1,100 a year for full coverage. Rates are highest for teen drivers, where even good drivers should be prepared to pay in the ballpark of $4,400 a year. View Rates by Age

Where you live has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see rates as low as $910 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,690 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing high deductibles could cut rates by as much as $450 a year, while increasing your policy's liability limits will push rates upward. Changing from a 50/100 limit to a 250/500 limit will cost as much as $270 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying anywhere from $1,400 to $2,000 additional per year, depending on your age. High-risk driver insurance can be around 45% to 131% more than average. View High Risk Driver Rates

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 Right Mini Cooper Insurance

Saving money on auto insurance requires not taking risks behind the wheel, having a good credit history, not filing small claims, and consideration of higher deductibles. Spend time shopping around every couple of years by requesting quotes from direct car insurance companies like GEICO and Progressive, and also from insurance agencies where you live.

The following is a quick rundown of the material that was touched on above.

• Consumers who purchase higher liability limits will pay about $430 per year to increase from a minimum limit to 250/500 limits
• Teens are the costliest to insure, as much as $374 per month including comprehensive and collision insurance
• Drivers with reckless driving or DUI convictions could be forced to pay on average $1,380 more per year for Cooper insurance
• Increasing deductibles can save around $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.