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 rates for a Mini Cooper are $1,220 a year for full coverage. Comprehensive insurance costs around $250 a year, collision costs $450, and liability insurance is estimated at $384. A policy with just liability insurance costs approximately $432 a year, with coverage for high-risk drivers costing $2,640 or more. 16-year-old drivers pay the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Price estimates for individual coverage:

These estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Estimates are averaged for all states and Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a significant impact on auto insurance rates. Areas with sparse population have lower incidents of accident claims than congested cities.

The diagram below illustrates how where you live affects auto insurance rates.

The ranges above show why it is important to get quotes for a specific zip code, rather than relying on rate averages.

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

Additional Rate Information

The chart below shows estimated Mini Cooper insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $701
• Choosing higher $1,000 deductibles can save about $1,060 a year
• The estimated price for the average middle-age driver using $500 deductibles is $1,220
• Buying low $100 deductibles for comp and collision coverage will cost an additional $308 a year
• High-risk insureds with multiple tickets or accidents could pay at least $2,640 or more
• The price that insures a teen driver can be $4,582 each year

View Chart as Image

Insurance prices for a Mini Cooper are also quite variable based on the trim level of your Cooper, how you drive, and deductibles and policy limits.

If you have some driving violations or you caused an accident, you could be paying at least $1,500 to $2,000 extra each year, depending on your age. A high-risk auto insurance policy ranges anywhere from 44% to 137% more than the average rate. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,100 annually on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records can expect to pay as much as $4,500 a year. View Rates by Age

The state you live in plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $800 a year in states like Idaho, Maine, and Iowa, or at least $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles can save as much as $470 each year, while buying higher liability limits will increase prices. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $268 more per year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know your exact price is to get quotes from as many companies as possible. Each auto insurer utilizes a different rate formula, so the prices may be quite different.

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 Cheap Mini Cooper Insurance

Getting lower rates on Mini Cooper insurance takes avoiding accidents and violations, having above-average credit, eliminating unnecessary coverage, and insuring your home and auto with the same company. Comparison shop at least once a year by getting rate quotes from direct carriers, and also from several local insurance agents.

The list below is a brief summary of the primary concepts that were touched on in the above illustrations.

• Drivers can save up to $150 per year simply by quoting early and online
• High-risk drivers that tend to have accidents or serious violations pay on average $1,420 more every year for car insurance
• Increasing physical damage deductibles can save approximately $475 each year
• Teenagers pay higher prices, with premiums as much as $382 a 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.