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 costs approximately $240 a year, collision costs $424, and liability is $388. Liability-only coverage costs around $434 a year, with high-risk coverage costing around $2,568. Teens receive the highest rates at $4,482 a year or more.

Average premium for full coverage: $1,188

Rate estimates by individual coverage type:

Estimates include $500 physical damage deductibles, 30/60 liability limits, 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

Choosing to live in a large city can make a big difference on car insurance rates. Rural locations tend to have a lower frequency of accident claims than cities with more traffic congestion.

The diagram below illustrates the difference between rural and urban areas on auto insurance prices.

These examples show why it is important to compare rates quotes using their specific location and risk profile, instead of making a decision based on averaged prices.

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 and risk scenarios.

• The cheapest rate after discounts is $686
• Raising to $1,000 deductibles will save $1,036 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,188
• Selecting low $100 deductibles will increase the cost to $1,478
• Drivers with serious driving violations could pay around $2,568 or more
• The cost for full coverage for a 16-year-old driver can cost $4,482

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on your driver profile, the trim level of your Cooper, and physical damage deductibles and liability limits.

Older drivers with no driving violations and high deductibles may pay as low as $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers will be charged in the ballpark of $4,400 a year. View Rates by Age

Where you live also has a big influence on Mini Cooper insurance prices. A middle-age driver might find rates as low as $780 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,690 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $450 annually, while buying higher liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $270 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,400 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 45% to 131% more than the average policy. View High Risk Driver Rates

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to get quotes from multiple companies. Every auto insurance company calculates rates differently, so rate quotes can be significantly different from one company to the next.

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 Low Cost Mini Cooper Insurance

Saving money on insurance for a Mini Cooper consists of being a safe and courteous driver, having above-average credit, eliminating unneeded coverage, and avoiding coverage lapses. Set aside time to compare rates at every policy renewal by requesting quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

Below is a review of the data covered above.

• Insureds who purchase higher levels of liability will pay approximately $430 each year to raise from a minimum limit to 250/500 limits
• Drivers can save around $140 per year simply by quoting early and online
• Increasing deductibles can save around $450 each year
• Teenage drivers pay the highest auto insurance rates, costing as high as $374 per month if full coverage is included

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.