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 insurance prices for a Mini Cooper are $1,220 every 12 months for full coverage insurance. Comprehensive insurance costs on average $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 $2,640 or more. Teen drivers receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Prices include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on insurance rates. Rural areas tend to have more infrequent physical damage claims than larger metro areas.

The diagram below illustrates how your location can change car insurance rates.

These examples illustrate why it is important to get quotes based on a specific location and their own driving history, instead of making a decision based on price averages.

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

Additional Rate Information

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

• The lowest rate with discounts is $701
• Choosing higher $1,000 deductibles can save around $1,060 each year
• The average price for a 40-year-old driver with $500 deductibles is $1,220
• Choosing low $100 deductibles for comp and collision coverage costs an extra $308 annually
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,640 or more
• The cost to insure a 16-year-old driver may cost $4,582 each year

View Chart as Image

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

Choosing high deductibles can save as much as $470 annually, while buying higher liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will cost as much as $268 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may pay as low as $1,100 annually on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will have to pay upwards of $4,500 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are probably paying at a minimum $1,500 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy ranges from 44% to 137% more than average. View High Risk Driver Rates

Where you live plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,640 on average in Michigan, New York, and Florida.

View Chart as Image

With so much variability in rates, the only way to figure out exactly what you will pay is to get quotes from multiple companies. Each auto insurer uses a different rate calculation, and quoted rates can be significantly 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 Shop for the Right Mini Cooper Insurance

Saving money on insurance for a Mini Cooper takes being a low-risk driver, having a good credit score, avoid buying unnecessary coverage, and taking advantage of discounts. Invest the time to shop around every time your policy renews by quoting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The items below are a quick rundown of the information illustrated above.

• It is possible to save as much as $150 per year simply by quoting early and online
• Teen drivers are charged the highest rates, costing up to $382 per month if comprehensive and collision insurance is included
• Increasing deductibles could save as much as $475 each year
• Drivers considered higher risk with reckless driving or DUI convictions pay on average $1,420 more each year to insure their Cooper
• Insureds who require more liability coverage will pay about $420 annually to raise limits from a minimum limit to a 250/500 level

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.