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 auto insurance rates for a Mini Cooper are $1,220 annually with full coverage. Comprehensive costs an estimated $250, collision insurance costs $450, and liability is estimated at $384. Liability-only coverage costs approximately $432 a year, and high-risk coverage costs around $2,640. Teenage drivers pay the most at up to $4,582 a year.

Average premium for full coverage: $1,220

Premium estimates broken down by type of coverage:

Rate estimates include $500 policy deductibles, 30/60 liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all 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 can make a big difference on car insurance rates. More rural locations are statistically proven to have fewer collision claims than densely populated cities. The price range example below illustrates how location helps determine insurance prices.

These rate differences demonstrate why anyone shopping for car insurance should get quotes for a targeted area and their own personal driving habits, instead of making a decision based on average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $701
• Choosing higher $1,000 deductibles can save approximately $160 annually
• The estimated rate for a 40-year-old good driver who has $500 deductibles is $1,220
• Using more expensive low deductibles for comp and collision coverage will cost $1,528
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,640
• An auto insurance policy with full coverage for a 16-year-old driver with full coverage can cost as much as $4,582 each year

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on the model of your Cooper, your driving record, and liability limits and deductibles.

An older driver with a clean driving record and high physical damage deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they can expect to pay at least $4,500 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you may be forking out $1,500 to $2,000 extra annually, depending on your age. High-risk driver insurance ranges from 44% to 137% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $470 annually, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost up to $268 more per year. View Rates by Deductible or Liability Limit

Where you choose to live plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $880 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,640 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 the Best Mini Cooper Insurance

Finding better rates on insurance for a Mini Cooper takes being a good driver, having a good credit history, being claim-free, and deciding if full coverage is necessary. Invest time comparing rates at every policy renewal by getting quotes from direct companies, and also from several local insurance agents.

The following list is a brief recap of the data covered in the charts and tables above.

• Insureds who want an increased level of liability coverage will pay an extra $420 every year to raise limits from 30/60 bodily injury limits to higher 250/500 limits
• You may be able to save approximately $150 per year just by shopping early and online
• Increasing policy deductibles could save up to $475 each year
• Drivers age 16 to 20 are charged the highest prices, possibly costing $382 per month including comprehensive and collision insurance

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.