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 rates for a Mini Cooper are $1,188 a year with full coverage. Comprehensive costs an estimated $240 each year, collision insurance costs $424, and liability coverage costs $388. A liability-only policy costs as little as $434 a year, and high-risk insurance costs around $2,568. Teenage drivers receive the highest rates at up to $4,482 a year.

Average premium for full coverage: $1,188

Rate estimates broken down by individual coverage type:

Includes $500 physical damage insurance deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all U.S. states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on car insurance rates. More rural locations tend to have lower incidents of collision claims than densely populated cities. The graphic below illustrates how your location can change insurance prices.

These examples demonstrate why all drivers should compare rates for a targeted area, rather than using average rates.

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

Rates by State, City, and Model

The chart below details average Mini Cooper insurance rates for other coverage scenarios.

• The best discount rate is $686
• Drivers who choose higher $1,000 deductibles will pay approximately $152 annually
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,188
• Using low deductibles for comprehensive and collision insurance bumps up the cost to $1,478
• High-risk insureds who are prone to accidents and violations could pay up to $2,568
• The cost that insures a teenage driver can cost as much as $4,482 a year

View Chart as Image

Insurance rates for a Mini Cooper can also vary considerably based on the trim level and model year, your age and driving habits, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you may be forking out $1,400 to $2,000 extra per year, depending on your age. Insurance for high-risk drivers can cost around 45% to 131% more than a normal policy. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $1,100 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records can expect to pay at least $4,400 a year. View Rates by Age

Where you live makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $860 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,600 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $450 a year, whereas increasing liability limits will increase premiums. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $270 more per year. 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 the Cheapest Mini Cooper Insurance

Saving money on auto insurance not only requires being a low-risk driver, but also having above-average credit, eliminating unnecessary coverage, and deciding if full coverage is necessary. Compare prices every couple of years by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The items below are a recap of the material that was illustrated above.

• Consumers who want more liability coverage will pay an extra $430 every year to go from a minimum limit to the 250/500 level
• Teen drivers are charged the highest rates, with premiums as much as $374 per month if full coverage is included
• Drivers that have major violations or accidents could be forced to pay on average $1,380 more annually to insure their Cooper
• Increasing deductibles can save approximately $450 each year

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.