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.

U.S. average insurance rates for a Mini Cooper are $1,220 a year for full coverage. Comprehensive insurance costs approximately $250, collision insurance costs $450, and liability costs $384. A policy with just liability insurance costs as little as $432 a year, and coverage for high-risk drivers costs $2,640 or more. Teen drivers pay the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Price estimates by individual coverage:

Price estimates include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and for different Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Your location can make a big difference on car insurance rates. Rural locations have a lower frequency of accident claims than larger metro areas. The price range example below illustrates how location impacts auto insurance prices.

The ranges above show why anyone shopping for car insurance should compare rates using their specific location and risk profile, instead of making a decision based on price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $701
• Drivers who choose higher $1,000 deductibles will pay $160 a year
• The average rate for the average middle-age driver who chooses $500 deductibles is $1,220
• Choosing more expensive low deductibles for comprehensive and collision insurance will cost an extra $308 annually
• Drivers with multiple violations and an at-fault accident could pay around $2,640
• The price for full coverage for a 16-year-old driver with full coverage can cost $4,582 a year

View Chart as Image

Insurance prices for a Mini Cooper are also quite variable based on your driving record, the trim level of your Cooper, and physical damage deductibles and liability limits.

An older driver with a clean driving record and high deductibles may pay as low as $1,100 per year on average for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay in the ballpark of $4,500 a year. View Rates by Age

The state you live in makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $800 a year in states like Iowa, Maine, and Idaho, or as much as $1,740 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $470 annually, while increasing your policy's liability limits will push prices upward. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $268 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying anywhere from $1,500 to $2,000 extra each year, depending on your age. High-risk driver insurance can cost from 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 Cheaper Mini Cooper Insurance

Getting lower rates on insurance for a Mini Cooper not only requires being a safe and courteous driver, but also maintaining good credit, eliminating unnecessary coverage, and possibly raising deductibles. Spend time shopping around every other policy renewal by obtaining price quotes from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

Below is a condensed summary of the ideas that were touched on above.

• Teenage drivers are expensive to insure, with premiums as much as $382 a month for full coverage
• Drivers considered higher risk with multiple at-fault accidents may pay on average $1,420 more per year for auto insurance
• Increasing physical damage deductibles can save around $475 each year
• Drivers can save around $150 per year just 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.