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 $1,188 annually with full coverage. Comprehensive insurance costs an estimated $240, collision insurance costs $424, and liability insurance costs $388. Liability-only insurance costs as little as $434 a year, and high-risk driver insurance costs $2,568 or more. 16-year-old 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:

Price estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all U.S. states and for different Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on car insurance rates. More rural locations are shown to have fewer collision claims than congested cities. The price range example below illustrates how location impacts insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare rates for a targeted area and their own personal driving habits, rather than relying on rate averages.

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

More Rate Information

The chart below details average Mini Cooper insurance rates for other coverage scenarios.

• The best full coverage rate is $686
• Drivers who choose higher $1,000 deductibles will pay approximately $152 annually
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,188
• Buying more expensive low deductibles for comprehensive and collision insurance costs an additional $290 a year
• High risk drivers with multiple tickets or accidents could pay up to $2,568
• Policy cost with full coverage for a teen driver with full coverage can cost as much as $4,482 a year

View Chart as Image

Auto insurance rates for a Mini Cooper also range considerably based on the model year and trim level, your driving record, and liability limits and deductibles.

An older driver with a good driving record and high physical damage deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they will have to pay at least $4,400 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out $1,400 to $2,000 in extra premium every year, depending on your age. High-risk driver insurance can cost anywhere from 45% to 131% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $450 each year, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $270 extra every year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $860 a year in states like Utah, Ohio, and New Hampshire, or at least $1,600 on average in New York, Michigan, and Florida.

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 Buy Cheaper Mini Cooper Insurance

Finding cheaper rates on Mini Cooper insurance not only requires avoiding accidents and violations, but also having above-average credit, not filing small claims, and consideration of higher deductibles. Spend time shopping around every couple of years by requesting quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The list below is a condensed summary of the material that was touched on above.

• Drivers who want higher liability limits will pay around $430 every year to go from a 30/60 limit to higher 250/500 limits
• Teenagers are the costliest to insure, as much as $374 each month if full coverage is included
• High-risk drivers with multiple at-fault accidents pay on average $1,380 more annually for car insurance
• Increasing comprehensive and collision deductibles could save up to $450 each year

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.