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 $1,220 annually with full coverage. Comprehensive costs approximately $250 a year, collision costs $450, and liability is estimated at $384. Buying just liability costs approximately $432 a year, with insurance for high-risk drivers costing around $2,640. 16-year-old drivers pay the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Price estimates by individual coverage:

Prices are based on $500 deductible amounts, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all U.S. states and Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can make a big difference on the price of insurance. Rural locations have fewer collision claims than congested cities.

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

The ranges above demonstrate why it is important to get quotes using their specific location and their own personal driving habits, instead of making a decision based on rate averages.

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

Detailed Rate Analysis

The chart below details estimated Mini Cooper insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $701
• Choosing higher $1,000 deductibles can save $1,060 annually
• The estimated rate for the average middle-age driver who chooses $500 deductibles is $1,220
• Buying low $100 deductibles for comp and collision coverage will cost $1,528
• Higher-risk drivers with multiple tickets or accidents could pay around $2,640 or more
• The price with full coverage for a 16-year-old driver can cost $4,582 each year

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 physical damage deductibles and liability limits.

Older drivers with no violations or accidents and high physical damage deductibles may pay as low as $1,100 annually on average for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $4,500 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you may be forking out anywhere from $1,500 to $2,000 additional each year, depending on your age. A high-risk auto insurance policy ranges from 44% to 137% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles can save as much as $470 annually, while buying higher liability limits will push prices upward. Moving from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $268 more each year. View Rates by Deductible or Liability Limit

The state you live in plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $880 a year in states like Utah, Ohio, and New Hampshire, or at least $1,640 on average in New York, Michigan, and Florida.

View Chart as Image

Since prices can be so different, the best way to find out who has the cheapest auto insurance prices is to get quotes from multiple companies. Each auto insurer utilizes a different rate formula, 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 Affordable Mini Cooper Insurance

Getting lower rates on insurance for a Mini Cooper takes having a good driving record, having good credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Make time to compare rates at least every other year by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The next list is a brief review of the car insurance concepts touched on in this article.

• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,420 more per year to buy Mini Cooper insurance
• You may be able to save around $150 per year simply by quoting early and online
• Increasing physical damage deductibles could save up to $475 each year
• Insureds who purchase increased levels of liability coverage will pay around $420 every year to raise limits from a low limit to higher 250/500 limits

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.