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.

The average insurance prices for a Mini Cooper are $1,220 every 12 months with full coverage. Comprehensive insurance costs approximately $250 each year, collision insurance costs $450, and liability is estimated at $384. Buying just liability costs approximately $432 a year, and insurance for high-risk drivers costs $2,640 or more. 16-year-old drivers cost the most to insure at up to $4,582 a year.

Average premium for full coverage: $1,220

Policy rates by type of insurance:

Rate estimates include $500 deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all U.S. states and Cooper models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of insurance. Rural locations are shown to have more infrequent collision claims than congested cities. The graphic below illustrates how rural and urban location affects auto insurance prices.

The examples above demonstrate why all drivers should get quotes using their specific location and their own driving history, instead of using rate averages.

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

More Rate Details

The chart below details average Mini Cooper insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $701
• Choosing higher $1,000 deductibles can save $160 annually
• The average price for a good driver age 40 who chooses $500 deductibles is $1,220
• Buying low deductibles for comp and collision coverage costs an extra $308 every year
• Unlucky drivers with multiple tickets or accidents could pay around $2,640
• Policy cost to insure a teen driver can cost $4,582 each year

View Chart as Image

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

Opting for high physical damage deductibles can save as much as $470 every year, whereas increasing liability limits will push rates upward. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $268 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay in the ballpark of $4,500 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out anywhere from $1,500 to $2,000 extra every year, depending on your age. Insurance for high-risk drivers ranges as much as 44% to 137% more than the average rate. View High Risk Driver Rates

Your home state 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 at least $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 Shop for the Best Mini Cooper Insurance

Finding cheaper rates on car insurance takes not taking risks behind the wheel, having good credit, not filing small claims, and possibly raising deductibles. Set aside time to shop around every couple of years by getting quotes from direct companies, and also from insurance agencies where you live.

The following is a brief recap of the material that was raised in the charts and tables above.

• Policyholders who purchase higher liability limits will pay around $420 every year to raise limits from a 30/60 limit to a 250/500 level
• Teens are expensive to insure, as much as $382 each month if they have full coverage
• Higher risk drivers who tend to receive serious violations could be forced to pay on average $1,420 more per year for Cooper insurance
• Increasing comprehensive and collision deductibles could save as much as $475 each year

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.