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.

The average insurance rates for a Mini Cooper are $1,188 a year for full coverage. Comprehensive costs around $240 each year, collision insurance costs $424, and liability insurance costs $388. Buying just liability costs as little as $434 a year, and insurance for high-risk drivers costs around $2,568. Teenage drivers cost the most to insure at up to $4,482 a year.

Average premium for full coverage: $1,188

Policy rates for type of insurance:

Price estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all states and Cooper models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on auto insurance rates. Areas with sparse population are shown to have a lower frequency of accident claims than densely populated cities. The graphic below illustrates how location impacts auto insurance rates.

The examples above show why all drivers should compare rates 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.

Rate Comparisons

The chart below shows average Mini Cooper insurance rates for additional coverage choices and driver risks.

• The best discount rate is $686
• Drivers who choose higher $1,000 deductibles will pay about $152 a year
• The average rate for a good driver age 40 using $500 deductibles is $1,188
• Using low deductibles for comprehensive and collision insurance will increase the cost to $1,478
• High risk drivers who are prone to accidents and violations could pay at least $2,568
• Policy cost for full coverage for a teen driver can be $4,482 a year

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on your risk profile, the trim level of your Cooper, and deductibles and policy limits.

More mature drivers with a clean driving record and high deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even good drivers can expect to pay as much as $4,400 a year. View Rates by Age

Your home state makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $780 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,690 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles could save up to $450 each year, whereas increasing liability limits will increase rates. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $270 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at least $1,400 to $2,000 extra every year, depending on your age. Insurance for high-risk drivers can cost anywhere from 45% to 131% more than a normal policy. View High Risk Driver Rates

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 Cheaper Mini Cooper Insurance

Finding cheaper rates on Mini Cooper insurance not only requires having a decent driving record, but also maintaining good credit, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Spend time shopping around at every policy renewal by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following items are a condensed summary of the data touched on above.

• Drivers who may need additional liability coverage will pay an extra $430 each year to go from a 30/60 limit to 250/500 limits
• Drivers can save up to $140 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $450 each year
• 16 to 18-year-old drivers pay higher rates, costing up to $374 each month for full coverage

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.