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.

Estimated auto insurance rates for a Mini Cooper are $1,220 annually including full coverage. Comprehensive costs approximately $250 each year, collision insurance costs $450, and liability insurance costs around $384. A liability-only policy costs as low as $432 a year, and high-risk insurance costs around $2,640. Teenage drivers pay the most at up to $4,582 a year.

Average premium for full coverage: $1,220

Premium estimates by type of coverage:

Price estimates include $500 physical damage insurance deductibles, liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and Cooper models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a significant impact on car insurance prices. Rural locations are statistically proven to have fewer comprehensive and collision claims than densely populated cities. The graphic below illustrates how location impacts auto insurance prices.

These rate differences highlight why all drivers should compare prices using their specific location and their own personal driving habits, rather than relying on average rates.

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

Additional Charts and Tables

The chart below breaks down average Mini Cooper insurance rates for additional coverage and risk scenarios.

• The best discount rate is $701
• Using higher $1,000 deductibles will save $160 every year
• The estimated rate for a 40-year-old good driver who chooses $500 deductibles is $1,220
• Using low deductibles for physical damage coverage will cost $1,528
• Drivers who are prone to accidents and violations could pay around $2,640
• An auto insurance policy with full coverage for a teen driver can cost $4,582 or more

View Chart as Image

Auto insurance prices for a Mini Cooper also have a wide range based on the model of your Cooper, your driving characteristics, and physical damage deductibles and liability limits.

More mature drivers with a good driving record and high physical damage deductibles could pay as little as $1,100 a year, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they will have to pay in the ballpark of $4,500 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are likely paying anywhere from $1,500 to $2,000 in extra premium annually, depending on your age. Insurance for high-risk drivers can be anywhere from 44% to 137% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut prices by as much as $470 each year, whereas increasing liability limits will push prices upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost up to $268 extra every year. View Rates by Deductible or Liability Limit

Where you choose to live has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see prices as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

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

Finding better rates on Mini Cooper insurance requires being a low-risk driver, having above-average credit, refrain from filing small claims, and possibly higher deductibles. Spend time shopping around once a year by requesting quotes from direct car insurance companies, and also from local insurance agencies.

The items below are a condensed summary of the data that was touched on above.

• You may be able to save around $150 per year just by quoting online in advance
• Drivers who purchase more liability coverage will pay an extra $420 per year to increase from 30/60 bodily injury limits to higher 250/500 limits
• Teen drivers have the highest car insurance prices, with the cost nearing $382 per month if full coverage is included
• High-risk drivers with multiple at-fault accidents may have to pay on average $1,420 more per year to insure their Cooper

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.