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.

U.S. average auto insurance rates for a Mini Cooper are $1,220 annually including full coverage. Comprehensive insurance costs an estimated $250 each year, collision insurance costs $450, and liability costs around $384. Liability-only insurance costs as low as $432 a year, and high-risk driver insurance costs $2,640 or more. Teen drivers pay the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Price estimates broken down by individual coverage:

Prices include $500 policy deductibles, 30/60 bodily injury liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 U.S. states and Cooper models.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on the price of auto insurance. More rural locations have fewer comprehensive and collision claims than larger metro areas. The graphic below illustrates how location helps determine insurance prices.

The ranges above highlight why all drivers should compare prices for a targeted area and their own personal driving habits, instead of making a decision based on price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $701
• Using higher $1,000 deductibles will save approximately $160 every year
• The estimated rate for the average middle-age driver who has $500 deductibles is $1,220
• Choosing low deductibles for physical damage coverage costs an additional $308 annually
• High-risk insureds with multiple violations and an at-fault accident could pay up to $2,640
• The price with full coverage for a 16-year-old driver can cost as much as $4,582 or more

View Chart as Image

Car insurance prices for a Mini Cooper are also quite variable based on the trim level and model year, your driving characteristics, and liability limits and deductibles.

More mature drivers with no driving violations and high physical damage deductibles may pay as low as $1,100 a year for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they will be charged at least $4,500 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are likely paying $1,500 to $2,000 extra each year, depending on your age. Insurance for high-risk drivers can be from 44% to 137% more than average. View High Risk Driver Rates

Choosing high deductibles could cut prices by as much as $470 annually, whereas increasing liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

The state you live in has a huge impact on Mini Cooper insurance prices. A driver around age 40 might see prices as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

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 the Right Mini Cooper Insurance

Getting lower rates on insurance for a Mini Cooper requires avoiding accidents and claims, having a good credit score, being claim-free, and possibly higher deductibles. Invest time comparing rates at every other renewal by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The points below are a quick rundown of the concepts that were covered in the charts and tables above.

• Drivers considered higher risk with reckless driving or DUI convictions could be forced to pay on average $1,420 more annually to insure a Mini Cooper
• Drivers under the age of 20 have the highest car insurance prices, possibly costing $382 a month if comprehensive and collision insurance is included
• You may be able to save approximately $150 per year just by quoting online in advance
• Increasing physical damage deductibles could save up to $475 each year
• You may be able to save approximately $150 per year just by quoting online in advance

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.