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 rates for a Mini Cooper are $1,188 a year for full coverage. Comprehensive insurance costs around $240 a year, collision costs $424, and liability coverage is estimated at $388. Liability-only coverage costs approximately $434 a year, with high-risk coverage costing $2,568 or more. 16-year-old drivers receive the highest rates at $4,482 a year or more.

Average premium for full coverage: $1,188

Rate estimates for individual coverage type:

Price estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a large influence on auto insurance rates. Areas with sparse population tend to have lower incidents of accident claims than congested cities.

The diagram below illustrates how rural and urban location affects auto insurance rates.

These examples show why it is important to get quotes for a specific zip code, rather than using rate averages.

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

More Rate Information

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

• The best full coverage rate is $686
• Choosing higher $1,000 deductibles can save about $1,036 a year
• The estimated price for a 40-year-old driver using $500 deductibles is $1,188
• Buying low $100 deductibles for comp and collision coverage will cost an additional $290 each year
• Drivers with multiple tickets or accidents could pay at least $2,568 or more
• The cost that insures a teenage driver can be $4,482 each year

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on the trim level of your Cooper, how you drive, and deductibles and policy limits.

If you like to drive fast or you caused an accident, you could be paying at least $1,400 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy ranges around 45% to 131% more than the average rate. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $1,100 annually on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will be charged as much as $4,400 a year. View Rates by Age

Where you live plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $780 a year in states like Idaho, Maine, and Iowa, or at least $1,690 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles can save as much as $450 a year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $270 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to know your exact price is to get quotes and see how they stack up. Each auto insurer utilizes a different rate formula, so rate quotes can be significantly 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 Find Cheaper Mini Cooper Insurance

Saving money on auto insurance takes being a safe and courteous driver, having a positive credit history, eliminating unneeded coverage, and qualifying for all possible discounts. Comparison shop every time your policy renews by getting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below is a condensed summary of the information raised in the charts and tables above.

• Drivers can save up to $140 per year simply by quoting early and online
• Teenage drivers are the costliest to insure, costing as high as $374 per month if full coverage is purchased
• Increasing deductibles can save approximately $450 each year
• Drivers with multiple at-fault accidents pay on average $1,380 more every year for auto insurance
• Consumers who may need higher levels of liability will pay around $430 each year to raise limits from a minimum limit to the 250/500 level

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.