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.

The average auto insurance rates for a Mini Cooper are $1,220 annually for full coverage. Comprehensive insurance costs around $250 a year, collision costs $450, and liability insurance is estimated at $384. Liability-only coverage costs approximately $432 a year, with high-risk coverage costing $2,640 or more. Teens cost the most to insure at $4,582 a year or more.

Average premium for full coverage: $1,220

Policy rates for type of insurance:

Full coverage includes $500 deductibles, 30/60 bodily injury liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all states and Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on auto insurance rates. Areas with sparse population are shown to have fewer accident claims than cities with more traffic congestion.

The diagram below illustrates how rural and urban location affects auto insurance rates.

The examples above show why it is important to get quotes for a specific zip code and their own personal driving habits, rather than relying on averaged prices.

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

More Rate Information

The chart below shows estimated Mini Cooper insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $701
• Choosing higher $1,000 deductibles can save about $1,060 a year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,220
• Selecting low $100 deductibles for comp and collision coverage costs an additional $308 a year
• High-risk insureds with serious driving violations could pay at least $2,640 or more
• Policy cost with full coverage for a teen driver can be $4,582 each year

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on the model year and trim level, your driver profile, and deductibles and policy limits.

Older drivers with no violations or accidents and high physical damage deductibles could pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay as much as $4,500 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying at least $1,500 to $2,000 additional every year, depending on your age. A high-risk auto insurance policy ranges anywhere from 44% to 137% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can save as much as $470 each year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $268 more each year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $800 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

Because rates have so much variability, the only way to know your exact price is to get quotes from as many companies as possible. Each auto insurer calculates rates differently, and rates will be varied 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 More Affordable Mini Cooper Insurance

Finding cheaper rates on Mini Cooper insurance takes not taking risks behind the wheel, having good credit, avoid buying unnecessary coverage, and taking advantage of discounts. Set aside time to shop around at every other renewal by quoting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following is a summary of the concepts that were raised in the charts and tables above.

• High-risk drivers who have multiple accidents or major violations pay an average of $1,420 more every year for Cooper insurance
• Teens are charged the highest rates, costing up to $382 each month if they have full coverage
• Drivers can save up to $150 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $475 each year
• Drivers can save up to $150 per year simply by quoting early and online

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.