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 $1,220 a year for full coverage. Comprehensive insurance costs on average $250 a year, collision costs $450, and liability costs $384. Liability-only coverage costs as little as $432 a year, with high-risk coverage costing $2,640 or more. 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 include $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all states and Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on car insurance rates. Rural areas have lower incidents of accident claims than congested cities.

The diagram below illustrates how location helps determine car insurance rates.

The ranges above show why it is important to compare rates based on a specific location, instead of using rate averages.

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

Rate Comparisons

The chart below shows estimated Mini Cooper insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $701
• Drivers who choose higher $1,000 deductibles will pay around $1,060 a year
• The estimated price for the average middle-age driver with $500 deductibles is $1,220
• Buying low $100 deductibles for comprehensive and collision insurance will cost an additional $308 every year
• Higher-risk drivers with multiple tickets or accidents could pay upwards of $2,640 or more
• The price that insures a teen driver may cost $4,582 a year

View Chart as Image

Auto insurance prices for a Mini Cooper are also quite variable based on the trim level of your Cooper, how you drive, and policy deductibles and limits.

If you have some driving violations or you caused an accident, you could be paying at a minimum $1,500 to $2,000 in extra premium each year, depending on your age. A high-risk auto insurance policy can cost as much as 44% to 137% more than the average rate. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,100 per year on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will have to pay upwards of $4,500 a year. View Rates by Age

The state you live in makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $800 a year in states like Idaho, Maine, and Iowa, or at least $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $470 every year, while buying higher liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $268 extra every year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know exactly what you will pay is to get quotes and see which company has the best price. Every company utilizes a different rate formula, and quoted prices may be quite different.

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

Getting lower rates on car insurance not only requires having a decent driving record, but also maintaining a good credit score, eliminating unnecessary coverage, and taking advantage of discounts. Comparison shop every couple of years by quoting rates from direct carriers, and also from local exclusive and independent agents.

The following items are a quick rundown of the material that was covered in the charts and tables above.

• Policyholders who require additional liability coverage will pay around $420 each year to go from a low limit to the 250/500 level
• 16 to 18-year-old drivers are charged the highest prices, with premiums as much as $382 a month if the policy includes full coverage
• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,420 more each year than a driver with a clean driving record
• Increasing physical damage deductibles can save approximately $475 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.