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 auto insurance rates for a Mini Cooper are $1,220 annually with full coverage. Comprehensive costs around $250 a year, collision costs $450, and liability coverage costs around $384. A policy with just liability insurance costs as low as $432 a year, with coverage for high-risk drivers costing around $2,640. Teens pay the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Price estimates for individual coverage:

Full coverage includes $500 deductible amounts, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on insurance rates. Areas with sparse population have fewer collision claims than cities with more traffic congestion.

The diagram below illustrates the effect of geographic area on auto insurance rates.

The ranges above demonstrate why it is important to compare prices for a specific zip code and their own personal driving habits, rather than using averaged prices.

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

Additional Charts and Tables

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

• The cheapest rate after discounts is $701
• Using higher $1,000 deductibles will save about $1,060 annually
• The estimated rate for the average middle-age driver using $500 deductibles is $1,220
• Selecting low $100 deductibles for physical damage coverage will cost $1,528
• Higher-risk drivers with serious driving violations could pay at least $2,640 or more
• The price with full coverage for a teenage driver can be $4,582 or more

View Chart as Image

Insurance prices for a Mini Cooper are also quite variable based on the trim level and model year, your driving record, and deductibles and policy limits.

Older drivers with a clean driving record and high physical damage deductibles may only pay around $1,100 a year for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they can expect to pay as much as $4,500 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you may be forking out at least $1,500 to $2,000 extra each year, depending on your age. A high-risk auto insurance policy can be around 44% to 137% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $470 a year, while buying higher liability limits will increase prices. Moving from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $268 more per year. View Rates by Deductible or Liability Limit

The state you live in has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see prices as low as $880 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,640 on average in Florida, Michigan, and New York.

View Chart as Image

Since prices can be so different, the best way to find out your exact price is to get quotes and see how they stack up. Each insurance company calculates prices differently, so the prices may be quite different between companies.

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 More Affordable Mini Cooper Insurance

Getting lower rates on auto insurance requires having a good driving record, having a good credit history, avoid buying unnecessary coverage, and insuring your home and auto with the same company. Take the time to compare rates every time your policy renews by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The next list is a summary of the information covered in the above illustrations.

• You may be able to save up to $150 per year simply by quoting early and online
• Drivers age 20 and younger pay higher prices, costing up to $382 a month including comprehensive and collision insurance
• Increasing physical damage deductibles could save up to $475 each year
• Drivers who have multiple accidents or major violations may pay on average $1,420 more every year to buy Mini Cooper insurance
• Consumers who may need increased levels of liability coverage will pay approximately $420 every year to increase from a low limit to higher 250/500 limits

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.