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 auto insurance rates for a Mini Cooper are $1,220 annually including full coverage. Comprehensive costs an estimated $250 a year, collision costs $450, and liability coverage is $384. Buying just liability costs around $432 a year, with insurance for high-risk drivers costing around $2,640. Teens receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates broken down by individual coverage type:

These estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 U.S. states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on the price of auto insurance. More rural locations tend to have fewer comprehensive and collision claims than cities with more traffic congestion.

The diagram below illustrates how geographic area affects insurance prices.

These examples highlight why it is important to compare rates quotes for a targeted area and their own personal driving habits, rather than using averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $701
• Raising to $1,000 deductibles will save approximately $1,060 every year
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,220
• Selecting low $100 deductibles will cost $1,528
• Unlucky drivers with serious driving violations could pay up to $2,640 or more
• The cost with full coverage for a teenage driver can cost as much as $4,582

View Chart as Image

Auto insurance rates for a Mini Cooper can also vary considerably based on the trim level of your Cooper, your driving characteristics, and liability limits and deductibles.

Older drivers with a good driving record and high physical damage deductibles may only pay around $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will have to pay at least $4,500 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are likely paying $1,500 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 44% to 137% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $470 a year, while buying higher liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $268 extra every year. View Rates by Deductible or Liability Limit

Where you live also has a big influence on Mini Cooper insurance rates. A middle-age driver might find rates as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

With so much variability in rates, the best way to figure out which company is cheapest is to get quotes and see how they stack up. Every auto insurance company calculates rates differently, and quoted rates can be significantly 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 Cheap Mini Cooper Insurance

Saving money on auto insurance consists of being a safe and courteous driver, having above-average credit, not filing small claims, and qualifying for all possible discounts. Invest the time to compare rates at least every other year by getting quotes from direct car insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

Below is a brief summary of the car insurance concepts presented in the illustrations above.

• Drivers that tend to have accidents or serious violations could be forced to pay on average $1,420 more annually for auto insurance
• You may be able to save approximately $150 per year simply by quoting early and online
• Increasing deductibles could save up to $475 each year
• Consumers who want higher levels of liability will pay approximately $420 per year to raise from a minimum limit to higher 250/500 limits

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.