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 insurance prices for a Mini Cooper are $1,220 every 12 months for full coverage insurance. Comprehensive insurance costs around $250, collision insurance costs $450, and liability costs $384. Buying just liability costs as little as $432 a year, and insurance for high-risk drivers costs $2,640 or more. Teenage drivers pay the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Price estimates for individual coverage:

Prices are based on $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 states and for different Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Your location can make a big difference on car insurance rates. Areas with sparse population have more infrequent physical damage claims than densely populated cities. The price range example below illustrates how location impacts auto insurance rates.

The ranges above illustrate why anyone shopping for car insurance should compare rates for a specific zip code and their own driving history, 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 illustrates average Mini Cooper insurance rates for additional coverage choices and driver risks.

• The best discount rate is $701
• Drivers who choose higher $1,000 deductibles will pay about $160 each year
• The average price for the average middle-age driver using $500 deductibles is $1,220
• Using more expensive low deductibles for comprehensive and collision insurance costs an extra $308 annually
• Drivers who are prone to accidents and violations could pay at least $2,640
• The price to insure a 16-year-old driver with full coverage can be $4,582 a year

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

Using high physical damage deductibles could save up to $470 annually, while increasing your policy's liability limits will increase prices. Switching from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $268 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may pay as low as $1,100 per year on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers should be prepared to pay as much as $4,500 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are probably paying at least $1,500 to $2,000 additional each year, depending on your age. High-risk driver insurance can cost from 44% to 137% more than a normal policy. View High Risk Driver Rates

The state you live in makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,640 on average in Michigan, New York, and Florida.

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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 Shop for Affordable Mini Cooper Insurance

Getting lower rates on insurance for a Mini Cooper not only requires having a decent driving record, but also having above-average credit, not filing small claims, and deciding if full coverage is necessary. Spend time shopping around at least every other year by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following items are a brief review of the car insurance concepts touched on above.

• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,420 more every year than a driver with a clean driving record
• It is possible to save up to $150 per year just by shopping early and online
• Increasing physical damage deductibles could save as much as $475 each year
• Insureds who may need additional liability coverage will pay an extra $420 annually to go from a low limit to a 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.