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 $1,188 annually with full coverage. Comprehensive costs an estimated $240, collision costs $424, and liability insurance costs around $388. Buying just liability costs as low as $434 a year, with insurance for high-risk drivers costing around $2,568. Teen drivers pay the highest rates at $4,482 a year or more.

Average premium for full coverage: $1,188

Price estimates broken down by individual coverage:

Price estimates include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes both medical and uninsured motorist insurance. Estimates are averaged for all U.S. states and for all Cooper models.

Price Range from Low to High

Geographic Price Range

Where you live has a significant impact on car insurance rates. More rural locations have fewer collision claims than larger metro areas.

The example below illustrates the difference location can make on insurance prices.

The ranges above demonstrate why everyone should compare prices for a targeted area and their own personal driving habits, rather than relying on price averages.

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

Additional Rate Details

The chart below details estimated Mini Cooper insurance rates for other coverage scenarios.

• The lowest rate with discounts is $686
• Using higher $1,000 deductibles will save approximately $152 annually
• The estimated rate for the average middle-age driver who has $500 deductibles is $1,188
• Choosing pricier low deductibles for physical damage coverage will cost $1,478
• Drivers with multiple violations and an at-fault accident could pay up to $2,568 or more
• The price with full coverage for a teen driver for full coverage can cost as much as $4,482 or more

View Chart as Image

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

A more mature driver with no violations or accidents and high physical damage deductibles could pay as little as $1,100 a year for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they should be prepared to pay at least $4,400 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you may be forking out $1,400 to $2,000 additional each year, depending on your age. Mini Cooper insurance for high-risk drivers can be anywhere from 45% to 131% more than average. View High Risk Driver Rates

Choosing high deductibles could cut prices by as much as $450 each year, whereas buying more liability protection will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $270 more each year. View Rates by Deductible or Liability Limit

The state you live in has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see prices as low as $860 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,600 on average in New York, Michigan, and Florida.

View Chart as Image

Since prices can be so different, the best way to find out which car insurance is cheapest is to regularly compare prices from as many companies as possible. Each insurance company uses a different rate calculation, and prices 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 Mini Cooper insurance requires having a decent driving record, having good credit, avoid buying unnecessary coverage, and maximizing policy discounts. Make time to compare rates every other policy renewal by requesting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following items are a condensed summary of the ideas that were touched on in this article.

• 16 to 18-year-old drivers are expensive to insure, costing up to $374 a month if they have full coverage
• High-risk drivers with multiple at-fault accidents pay on average $1,380 more annually than a driver with a clean driving record
• Increasing physical damage deductibles could save up to $450 each year
• You may be able to save approximately $140 per year simply by quoting online well ahead of the renewal date

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.