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 $1,188 annually for full coverage. Comprehensive insurance costs on average $240 each year, collision costs $424, and liability is estimated at $388. A liability-only policy costs approximately $434 a year, with high-risk insurance costing $2,568 or more. Teenage drivers pay the most at $4,482 a year or more.

Average premium for full coverage: $1,188

Premium estimates by type of coverage:

Estimates include $500 physical damage insurance deductibles, 30/60 liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all states and Cooper models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can make a big difference on car insurance rates. Rural areas are statistically proven to have fewer accident claims than densely populated cities.

The graphic below illustrates the difference between rural and urban areas on car insurance rates.

These rate differences show why all drivers should get quotes based on a specific location and their own personal driving habits, instead of making a decision based on average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $686
• Choosing higher $1,000 deductibles can save around $152 a year
• The estimated rate for a 40-year-old good driver with $500 deductibles is $1,188
• Using low deductibles for comp and collision coverage costs an additional $290 annually
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,568 or more
• An auto insurance policy with full coverage for a 16-year-old driver may cost $4,482 each year

View Chart as Image

Auto insurance prices for a Mini Cooper also have a wide range based on the model of your Cooper, your driver profile, and policy deductibles and limits.

More mature drivers with a good driving record and high physical damage deductibles may pay as low as $1,100 annually on average, 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 upwards of $4,400 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you could be paying at a minimum $1,400 to $2,000 in extra premium annually, depending on your age. Insurance for high-risk drivers ranges from 45% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $450 annually, whereas increasing liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will cost up to $270 extra every year. View Rates by Deductible or Liability Limit

Where you choose to live plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 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

With such a large range in prices, the only way to know exactly what you will pay is to do a rate comparison from multiple companies. Each auto insurer uses a different method to calculate prices, and quoted prices will be substantially different between companies.

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 Low Cost Mini Cooper Insurance

Finding better rates on insurance for a Mini Cooper takes being a low-risk driver, having above-average credit, not filing small claims, and taking advantage of discounts. Set aside time to compare rates at every policy renewal by requesting rates from direct carriers, and also from local insurance agents.

The items below are a review of the data covered above.

• Insureds who require more liability coverage will pay an extra $430 each year to raise limits from 30/60 bodily injury limits to higher 250/500 limits
• Drivers can save as much as $140 per year simply by quoting online in advance
• Increasing policy deductibles could save up to $450 each year
• Teen drivers are charged the highest prices, as much as $374 per month if full coverage is included

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.