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 insurance rates for a Mini Cooper are $1,188 a year including full coverage. Comprehensive costs an estimated $240, collision insurance costs $424, and liability costs around $388. A liability-only policy costs as low as $434 a year, and high-risk insurance costs around $2,568. Teen drivers cost the most to insure at up to $4,482 a year.

Average premium for full coverage: $1,188

Policy rates broken down by type of insurance:

Rates are based on $500 deductibles, liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all 50 U.S. states and for all Cooper models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of auto insurance. More rural locations are shown to have lower incidents of comprehensive and collision claims than larger metro areas. The example below illustrates how rural and urban location affects insurance prices.

The examples above highlight why everyone should compare prices for a targeted area, instead of using 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 $686
• Using higher $1,000 deductibles will save approximately $152 every year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,188
• Choosing pricier low deductibles for physical damage coverage bumps up the cost to $1,478
• Drivers with multiple violations and an at-fault accident could pay up to $2,568
• Policy cost that insures a teen driver for full coverage can cost as much as $4,482 or more

View Chart as Image

Car insurance rates for a Mini Cooper also range considerably based on the model of your Cooper, your driving record and age, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are likely paying $1,400 to $2,000 extra every year, depending on your age. Mini Cooper insurance for high-risk drivers can be as much as 45% to 131% more than average. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,100 a year, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged at least $4,400 a year. View Rates by Age

Your home state has a huge impact on Mini Cooper insurance prices. A driver around age 40 might see rates as low as $910 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,690 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing high deductibles could cut rates by as much as $450 every year, whereas buying more liability protection will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $270 extra every 12 months. View Rates by Deductible or Liability Limit

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

Finding cheaper rates on car insurance requires not taking risks behind the wheel, having a positive credit history, paying for small claims out-of-pocket, and possibly higher deductibles. Shop around once a year by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

The following is a quick review of the data that was raised in the charts and tables above.

• You may be able to save approximately $140 per year just by quoting online well ahead of the renewal date
• Policyholders who want higher liability limits will pay about $430 per year to increase from a 30/60 limit to the 250/500 level
• Teens have the highest car insurance rates, with premiums being up to $374 each month if full coverage is purchased
• Higher risk drivers with a DUI or reckless driving violation could be charged and average of $1,380 more annually for Cooper insurance

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.