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 $1,188 a year including full coverage. Comprehensive costs around $240, collision insurance costs $424, and liability coverage costs around $388. Liability-only coverage costs as low as $434 a year, and high-risk coverage costs around $2,568. Teenage drivers pay the highest rates at up to $4,482 a year.

Average premium for full coverage: $1,188

Price estimates for individual coverage:

Full coverage includes $500 physical damage deductibles, liability limits of 30/60, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 U.S. states and for different Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on the price of insurance. Areas with sparse population have a lower frequency of comprehensive and collision claims than densely populated cities. The price range example below illustrates how geographic area affects auto insurance rates.

The ranges above highlight why anyone shopping for car insurance should compare prices for a specific zip code and risk profile, rather than using average rates.

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

Additional Rate Information

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

• The best discount rate is $686
• Using higher $1,000 deductibles will save about $152 every year
• The average rate for the average middle-age driver using $500 deductibles is $1,188
• Using more expensive low deductibles for physical damage coverage will increase the cost to $1,478
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,568
• The price for full coverage for a teenage driver with full coverage can be $4,482 or more

View Chart as Image

Auto insurance prices for a Mini Cooper are also quite variable based on your driving record, the model of your Cooper, and deductibles and policy limits.

An older driver with a good driving record and high deductibles may only pay around $1,100 a year for full coverage. Prices are much higher for teenage drivers, where even good drivers will have to pay as much as $4,400 a year. View Rates by Age

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 $910 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,690 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $450 a year, while increasing your policy's liability limits will increase prices. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $270 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying at least $1,400 to $2,000 in extra premium each year, depending on your age. High-risk driver insurance can be around 45% to 131% more than a normal policy. 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 More Affordable Mini Cooper Insurance

Getting lower rates on auto insurance requires being a safe and courteous driver, having good credit, being claim-free, and possibly raising deductibles. Invest the time to compare rates once a year by obtaining price quotes from direct car insurance companies like Progressive and GEICO, and also from several local insurance agents.

Below is a summary of the data that was presented in the illustrations above.

• You may be able to save up to $140 per year just by shopping early and online
• Consumers who may need higher levels of liability will pay an extra $430 per year to increase from a low limit to 250/500 limits
• Teenage drivers are expensive to insure, possibly costing $374 a month if they have full coverage
• Drivers who have multiple accidents or major violations pay on average $1,380 more every year for auto insurance

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.