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 prices for a Mini Cooper are $1,188 every 12 months including full coverage. Comprehensive costs approximately $240 each year, collision insurance costs $424, and liability is estimated at $388. Liability-only coverage costs approximately $434 a year, and high-risk coverage costs around $2,568. 16-year-old drivers receive the highest rates at up to $4,482 a year.

Average premium for full coverage: $1,188

Rate estimates by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on car insurance prices. Rural locations tend to have more infrequent comprehensive and collision claims than congested cities. The graphic below illustrates how location helps determine auto insurance prices.

These examples highlight why all drivers should get quotes using their specific location and their own driving history, instead of using rate averages.

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

Rate Comparisons

The chart below breaks down average Mini Cooper insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $686
• Choosing higher $1,000 deductibles can save $152 every year
• The average price for a 40-year-old driver who chooses $500 deductibles is $1,188
• Buying low deductibles for comp and collision coverage increases the price to $1,478
• Unlucky drivers with multiple tickets or accidents could pay around $2,568
• The cost to insure a teen driver can cost $4,482 each year

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on policy deductibles and limits, your driving characteristics, and the model of your Cooper.

Opting for high physical damage deductibles can save as much as $450 every year, whereas increasing liability limits will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will cost as much as $270 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may pay as little as $1,100 annually on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will be charged in the ballpark of $4,400 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are likely paying anywhere from $1,400 to $2,000 extra per year, depending on your age. Insurance for high-risk drivers ranges as much as 45% to 131% more than the average rate. View High Risk Driver Rates

Where you live plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $910 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,690 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 Shop for Cheap Mini Cooper Insurance

Saving money on car insurance takes having a decent driving record, maintaining a good credit score, not filing small claims, and attention to physical damage deductibles. Invest time comparing rates at every other renewal by getting rate quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local car insurance providers.

The following items are a brief summary of the concepts that were covered in the charts and tables above.

• Higher risk drivers that tend to have accidents or serious violations could be charged and average of $1,380 more per year than a driver with a clean driving record
• 16 to 18-year-old drivers pay the highest auto insurance rates, as much as $374 per month if the policy includes full coverage
• You may be able to save around $140 per year just by quoting online in advance
• Increasing deductibles could save as much as $450 each year
• You may be able to save around $140 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.