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 insurance rates for a Mini Cooper are $1,220 a year for full coverage insurance. Comprehensive insurance costs around $250, collision costs $450, and liability insurance is $384. Liability-only insurance costs around $432 a year, with high-risk driver insurance costing $2,640 or more. Teenage drivers pay the most at $4,582 a year or more.

Average premium for full coverage: $1,220

Premium estimates for type of coverage:

Prices include $500 policy deductibles, liability coverage up to 30/60, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 states and for different Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on car insurance rates. Areas with sparse population are statistically proven to have a lower frequency of physical damage claims than densely populated cities.

The price range example below illustrates how location impacts auto insurance rates.

These rate differences illustrate why anyone shopping for car insurance should compare rates quotes for a specific zip code and risk profile, rather than relying on average rates.

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

Detailed Rate Analysis

The chart below illustrates estimated Mini Cooper insurance rates for additional coverage choices and driver risks.

• The best discount rate is $701
• Raising to $1,000 deductibles will save about $160 each year
• The average rate for a 40-year-old good driver using $500 deductibles is $1,220
• Using more expensive low deductibles will cost an extra $308 a year
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,640 or more
• An auto insurance policy for full coverage for a teen driver with full coverage can be $4,582

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on your driving characteristics, the model year and trim level, and deductibles and policy limits.

An older driver with no violations or accidents and high deductibles could pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers should be prepared to pay as much as $4,500 a year. View Rates by Age

Where you choose to live also has a big influence on Mini Cooper insurance rates. A middle-age driver might find prices as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,640 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $470 each year, while increasing your policy's liability limits will increase prices. Switching from a 50/100 limit to a 250/500 limit will cost up to $268 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying at least $1,500 to $2,000 additional annually, depending on your age. High-risk driver insurance is expensive and can cost anywhere from 44% to 137% more than a normal policy. View High Risk Driver Rates

With such a large range in prices, the only way to figure out your exact price is to compare prices from as many companies as possible. Every auto insurance company uses a different method to calculate prices, and prices will be substantially different from one company to the next.

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

Finding better rates on Mini Cooper insurance consists of being safe and accident-free, having a good credit history, paying for small claims out-of-pocket, and taking advantage of discounts. Spend time shopping around every time your policy renews by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below you'll find a quick rundown of the information touched on above.

• It is possible to save up to $150 per year simply by shopping early and online
• Youthful drivers are charged the highest prices, with premiums being up to $382 per month including comprehensive and collision insurance
• Increasing policy deductibles can save around $475 each year
• High-risk drivers with reckless driving or DUI convictions may pay on average $1,420 more every year than a low-risk driver
• Drivers who may need more liability protection will pay an extra $420 annually to raise from 30/60 bodily injury limits to 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.