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.

Estimated insurance prices for a Mini Cooper are $1,188 every 12 months including full coverage. Comprehensive insurance costs around $240, collision costs $424, and liability insurance is estimated at $388. Liability-only coverage costs approximately $434 a year, with high-risk coverage costing $2,568 or more. Teens pay the most at $4,482 a year or more.

Average premium for full coverage: $1,188

Premium estimates for type of coverage:

Prices include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes medical and UM/UIM coverage. Rates include averaging for all 50 U.S. states and for different Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a significant impact on the price of insurance. Areas with sparse population are statistically proven to have more infrequent comprehensive and collision claims than cities with more traffic congestion.

The price range example below illustrates the effect of geographic area on auto insurance rates.

These rate differences highlight why anyone shopping for car insurance should get quotes for a specific zip code and their own driving history, rather than relying on averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $686
• Choosing higher $1,000 deductibles can save about $152 every year
• The average price for a 40-year-old good driver using $500 deductibles is $1,188
• Selecting more expensive low deductibles for comp and collision coverage costs an extra $290 a year
• High-risk insureds with serious driving violations could pay at least $2,568 or more
• An auto insurance policy to insure a teen driver with full coverage can be $4,482 each year

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on physical damage deductibles and liability limits, your driving characteristics, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles can save as much as $450 each year, while increasing your policy's liability limits will increase prices. Changing from a 50/100 liability limit to a 250/500 limit will cost up to $270 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles could pay as little as $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers can expect to pay as much as $4,400 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying at least $1,400 to $2,000 extra annually, depending on your age. High-risk driver insurance ranges anywhere from 45% to 131% more than the average policy. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $910 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,690 on average in Michigan, New York, and Louisiana.

View Chart as Image

With such a large range in prices, the best way to figure out your exact price is to compare prices from as many companies as possible. Each auto insurer calculates prices differently, so the prices will be substantially different.

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 the Right Mini Cooper Insurance

Finding better rates on Mini Cooper insurance takes avoiding accidents and violations, having good credit, refrain from filing small claims, and insuring your home and auto with the same company. Take the time to compare rates every other policy renewal by requesting rates from direct car insurance companies, and also from insurance agencies where you live.

The list below is a quick rundown of the ideas that were covered in the above illustrations.

• Teenagers pay higher prices, with the cost nearing $374 per month if they have full coverage
• High-risk drivers with reckless driving or DUI convictions could be forced to pay on average $1,380 more every year for car insurance
• Increasing policy deductibles could save as much as $450 each year
• You may be able to save up to $140 per year simply by shopping 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.