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 insurance rates for a Mini Cooper are $1,188 a year including full coverage. Comprehensive insurance costs on average $240, collision costs $424, and liability coverage is $388. A liability-only policy costs around $434 a year, with high-risk insurance costing $2,568 or more. Teen drivers pay the most at $4,482 a year or more.

Average premium for full coverage: $1,188

Premium estimates by type of coverage:

Price estimates include $500 deductibles, 30/60 split liability limits, and includes uninsured motorist and medical 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 has a large influence on car insurance rates. Rural areas are statistically proven to have a lower frequency of comprehensive and collision claims than larger metro areas.

The price range example below illustrates how your location can change car insurance rates.

These rate differences highlight why anyone shopping for car insurance should compare rates quotes based on a specific location and risk profile, rather than using price averages.

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

Additional Rate Information

The chart below breaks down estimated Mini Cooper insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $686
• Raising to $1,000 deductibles will save around $152 every year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,188
• Choosing more expensive low deductibles will cost an extra $290 each year
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,568 or more
• An auto insurance policy for full coverage for a teenage driver with full coverage may cost $4,482

View Chart as Image

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

An older driver with a good driving record and high deductibles may only pay around $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay upwards of $4,400 a year. View Rates by Age

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

View Chart as Image

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

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

With such a large range in prices, the best way to figure out exactly what you will pay is to compare prices and see how they stack up. Every auto insurance company uses a different rate calculation, and quoted prices will be substantially 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 Cheaper Mini Cooper Insurance

Finding better rates on auto insurance consists of not taking risks behind the wheel, having good credit, refrain from filing small claims, and taking advantage of discounts. Invest the time to shop around at least every other year by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following is a condensed summary of the car insurance concepts illustrated above.

• Drivers with multiple at-fault accidents may pay on average $1,380 more each year for Cooper insurance
• You may be able to save as much as $140 per year simply by shopping early and online
• Increasing policy deductibles can save around $450 each year
• Consumers who require higher liability limits will pay about $430 per year to raise from 30/60 bodily injury limits to 250/500 limits

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.