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 $1,188 annually including full coverage. Comprehensive insurance costs an estimated $240, collision costs $424, and liability is $388. A liability-only policy costs around $434 a year, with high-risk insurance costing $2,568 or more. Teenage drivers pay the most at $4,482 a year or more.

Average premium for full coverage: $1,188

Premium estimates broken down by type of coverage:

Price estimates include $500 deductible amounts, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 U.S. states and for different Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on the price of auto insurance. More rural locations are statistically proven to have fewer comprehensive and collision claims than densely populated cities.

The price range example below illustrates the effect of geographic area on insurance prices.

These rate differences highlight why anyone shopping for car insurance should compare rates quotes for a targeted area and their own personal driving habits, instead of using average rates.

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

Additional Rate Analysis

The chart below breaks down estimated Mini Cooper insurance rates for other coverage scenarios.

• The best discount rate is $686
• Raising to $1,000 deductibles will save approximately $152 every year
• The estimated rate for a 40-year-old good driver who has $500 deductibles is $1,188
• Using more expensive low deductibles costs an additional $290 every year
• At-risk drivers who are prone to accidents and violations could pay up to $2,568 or more
• An auto insurance policy with full coverage for a teen driver with full coverage can cost as much as $4,482

View Chart as Image

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

An older driver with a good driving record and high physical damage deductibles may pay as little as $1,100 every 12 months 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 will have to pay at least $4,400 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are likely paying $1,400 to $2,000 in extra premium annually, depending on your age. High-risk driver insurance is expensive and can cost as much as 45% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce prices by up to $450 every year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost up to $270 extra every year. View Rates by Deductible or Liability Limit

Where you choose to live also has a big influence on Mini Cooper insurance prices. A middle-age driver might find prices as low as $910 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,690 on average in Louisiana, New York, and Michigan.

View Chart as Image

With such a large range in prices, the best way to figure out which insurance company is cheapest is to compare prices and see which company has the best price. Every auto insurance company uses a different method to calculate prices, and quoted prices will be substantially 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 Cheaper Mini Cooper Insurance

Finding better rates on car insurance consists of having a good driving record, having above-average credit, refrain from filing small claims, and qualifying for all possible discounts. Take the time to compare rates every year by requesting quotes from direct car insurance companies, and also from insurance agencies where you live.

The next list is a condensed summary of the coverage data covered in the above illustrations.

• You may be able to save approximately $140 per year simply by shopping early and online
• Increasing policy deductibles could save up to $450 each year
• Drivers age 20 and younger are the costliest to insure, with the cost nearing $374 per month if full coverage is included
• Higher risk drivers with multiple at-fault accidents could be forced to pay on average $1,380 more annually to buy Mini Cooper 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.