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 $1,188 a year for full coverage. Comprehensive costs on average $240 a year, collision insurance costs $424, and liability costs around $388. A policy with only liability insurance costs as low as $434 a year, and a high-risk policy costs around $2,568. 16-year-old drivers pay the most at up to $4,482 a year.

Average premium for full coverage: $1,188

Premium estimates by type of coverage:

These estimates include $500 deductible amounts, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Rates include averaging for all states and Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on car insurance rates. Rural areas are statistically proven to have lower incidents of accident claims than congested cities. The diagram below illustrates the effect of geographic area on car insurance rates.

These rate differences show why it is important to compare prices based on a specific location, instead of using rate averages.

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

Additional Rate Details

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

• The best full coverage rate is $686
• Using higher $1,000 deductibles will save around $1,036 a year
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,188
• Buying low $100 deductibles for physical damage coverage bumps up the cost to $1,478
• Drivers with multiple tickets or accidents could pay upwards of $2,568
• An auto insurance policy that insures a teen driver may cost $4,482 or more

View Chart as Image

Car insurance prices for a Mini Cooper also have a wide range based on the trim level of your Cooper, how you drive, and policy deductibles and limits.

If you have a few violations or you caused an accident, you could be paying at a minimum $1,400 to $2,000 extra annually, depending on your age. A high-risk auto insurance policy can be as much as 45% to 131% more than the average rate. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,100 a year, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records will be charged upwards of $4,400 a year. View Rates by Age

Where you choose to live has a huge impact on Mini Cooper insurance prices. A driver around age 40 might see prices as low as $780 a year in states like Idaho, Maine, and Iowa, or at least $1,690 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $450 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 cost up to $270 extra every 12 months. View Rates by Deductible or Liability Limit

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 Cheap Mini Cooper Insurance

Finding better rates on car insurance requires having a good driving record, having a positive credit history, not filing small claims, and possibly raising deductibles. Comparison shop every time your policy renews by requesting rates from direct carriers, and also from local exclusive and independent agents.

The next list is a brief summary of the information covered in the above illustrations.

• Drivers can save as much as $140 per year just by quoting early and online
• Drivers age 20 and younger are expensive to insure, as much as $374 per month if full coverage is purchased
• Increasing policy deductibles can save approximately $450 each year
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,380 more each year to buy Mini Cooper insurance
• Policyholders who require increased levels of liability coverage will pay around $430 each year to increase from 30/60 bodily injury limits to the 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.