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 rates for a Mini Cooper are $1,220 a year including full coverage. Comprehensive costs around $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. Teen drivers cost the most to insure at up to $4,582 a year.

Average premium for full coverage: $1,220

Policy rates for type of insurance:

Full coverage includes $500 policy deductibles, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and for different Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than larger metro areas. The price range example below illustrates how geographic area affects auto insurance rates.

The examples above highlight why anyone shopping for car insurance should get quotes for a specific zip code and risk profile, instead of using price averages.

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

More Rate Information

The chart below breaks down average Mini Cooper insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $701
• Choosing higher $1,000 deductibles can save about $160 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,220
• Choosing more expensive low deductibles for comp and collision coverage will increase the cost to $1,528
• Unlucky drivers with multiple violations and an at-fault accident could pay at least $2,640
• Policy cost for full coverage for a teen driver with full coverage can be $4,582 each year

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on your risk profile, the model of your Cooper, and deductibles and policy limits.

An older driver with no violations or accidents and high deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay as much as $4,500 a year. View Rates by Age

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 $930 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,740 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles can save as much as $470 every year, while increasing your policy's liability limits will increase rates. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $268 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,500 to $2,000 additional every year, depending on your age. High-risk driver insurance ranges as much as 44% to 137% more than average. View High Risk Driver Rates

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 More Affordable Mini Cooper Insurance

Finding cheaper rates on car insurance takes avoiding accidents and claims, having a good credit history, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Invest the time to compare rates every year by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The points below are a summary of the coverage data presented in the illustrations above.

• You may be able to save up to $150 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save around $475 each year
• Drivers under the age of 20 are charged the highest rates, with premiums being up to $382 each month including comprehensive and collision insurance
• Higher risk drivers who have multiple accidents or major violations pay on average $1,420 more every year to insure a Mini Cooper

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.