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

Average premium for full coverage: $1,188

Rate estimates broken down by individual coverage type:

Rate estimates include $500 policy deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 states and for all Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on the price of insurance. More rural locations tend to have fewer physical damage claims than larger metro areas.

The example below illustrates how where you live affects insurance prices.

These examples illustrate why everyone should compare rates 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.

Detailed Rate Analysis

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

• The lowest rate with discounts is $686
• Drivers who choose higher $1,000 deductibles will pay approximately $152 each year
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,188
• Choosing pricier low deductibles for comprehensive and collision insurance will cost $1,478
• High risk drivers with multiple violations and an at-fault accident could pay up to $2,568 or more
• The cost with full coverage for a teen driver for full coverage can cost as much as $4,482 a year

View Chart as Image

Auto insurance rates for a Mini Cooper can also vary considerably based on the trim level of your Cooper, your risk profile, and liability limits and deductibles.

A more mature driver with a good driving record and high physical damage deductibles could pay as little as $1,100 per year on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they will have to pay at least $4,400 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying $1,400 to $2,000 in extra premium per year, depending on your age. Mini Cooper insurance for high-risk drivers can cost anywhere from 45% to 131% more than average. View High Risk Driver Rates

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

Where you live makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $770 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,600 on average in Florida, New York, and Michigan.

View Chart as Image

With so much variability in rates, the only way to figure out which company is cheapest is to regularly compare rates from as many companies as possible. Every company uses a different rate calculation, and quoted rates can be significantly 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 the Best Mini Cooper Insurance

Saving money on Mini Cooper insurance not only requires avoiding accidents and claims, but also having above-average credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Take the time to comparison shop at every policy renewal by getting rate quotes from direct insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The points below are a brief recap of the data touched on in the above illustrations.

• Drivers who want increased liability limits will pay about $430 annually to go from a minimum limit to higher 250/500 limits
• It is possible to save approximately $140 per year simply by quoting online well ahead of the renewal date
• Increasing deductibles could save up to $450 each year
• Drivers under the age of 20 are the costliest to insure, costing up to $374 per month if full coverage is included

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.