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 $1,220 a year with full coverage. Comprehensive insurance costs around $250 each year, collision insurance costs $450, and liability costs around $384. Liability-only coverage costs as low as $432 a year, and high-risk coverage costs $2,640 or more. Teen drivers receive the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Rate estimates for individual coverage type:

Rates are based on $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all U.S. states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on insurance rates. Areas with sparse population tend to have a lower frequency of collision claims than larger metro areas. The graphic below illustrates the difference between rural and urban areas on auto insurance rates.

These examples demonstrate why all drivers should compare prices for a specific zip code and risk profile, instead of using price averages.

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

Rate Comparisons

The chart below details average Mini Cooper insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $701
• Using higher $1,000 deductibles will save about $160 annually
• The average rate for a 40-year-old driver using $500 deductibles is $1,220
• Choosing low deductibles for physical damage coverage will cost an extra $308 every year
• Drivers with multiple violations and an at-fault accident could pay at least $2,640
• The cost for full coverage for a teen driver can be $4,582 or more

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on your driver profile, the trim level and model year, and deductibles and policy limits.

More mature drivers with no driving violations and high deductibles may pay as little as $1,100 a year for full coverage. Rates are highest for teen drivers, where even good drivers will be charged as much as $4,500 a year. View Rates by Age

Where you live has a huge impact on Mini Cooper insurance prices. A driver around age 40 might see rates as low as $880 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,640 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing high deductibles could cut rates by as much as $470 every year, whereas increasing liability limits will increase rates. Moving from a 50/100 limit to a 250/500 limit will cost as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out at least $1,500 to $2,000 extra per year, depending on your age. Insurance for high-risk drivers can be as much as 44% to 137% more than average. View High Risk Driver Rates

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 Best Cheap Mini Cooper Insurance

Saving money on car insurance requires being a safe and courteous driver, having above-average credit, eliminating unnecessary coverage, and consideration of higher deductibles. Set aside time to compare rates every other policy renewal by obtaining price quotes from direct companies like GEICO and Progressive, and also from local independent and exclusive agents.

Below is a quick review of the ideas that were covered above.

• Teenage drivers are the costliest to insure, with premiums as much as $382 per month if full coverage is included
• Higher risk drivers with a DUI or reckless driving violation pay an average of $1,420 more every year for auto insurance
• Increasing deductibles can save around $475 each year
• You may be able to save up to $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.