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.

Average insurance prices for a Mini Cooper are $1,188 every 12 months for full coverage. Comprehensive insurance costs on average $240 each year, collision insurance costs $424, and liability is estimated at $388. Liability-only coverage costs approximately $434 a year, and high-risk coverage costs $2,568 or more. Teen drivers receive the highest rates at up to $4,482 a year.

Average premium for full coverage: $1,188

Rate estimates by individual coverage type:

Includes $500 physical damage insurance deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on car insurance rates. Rural areas tend to have more infrequent accident claims than larger metro areas. The graphic below illustrates the difference between rural and urban areas on car insurance rates.

These examples show why all drivers should get quotes based on a specific location and their own driving history, instead of using price averages.

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

Additional Rate Details

The chart below shows average Mini Cooper insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $686
• Choosing higher $1,000 deductibles can save around $152 a year
• The average price for a 40-year-old driver with $500 deductibles is $1,188
• Choosing low deductibles for comp and collision coverage costs an extra $290 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,568
• The cost to insure a teen driver may cost $4,482 each year

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on policy deductibles and limits, your driver profile, and the trim level of your Cooper.

Choosing high deductibles can save as much as $450 every year, whereas increasing liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost as much as $270 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may pay as little as $1,100 annually on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will be charged upwards of $4,400 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying at a minimum $1,400 to $2,000 extra per year, depending on your age. Insurance for high-risk drivers ranges as much as 45% to 131% more than average. View High Risk Driver Rates

Where you live plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $780 a year in states like Idaho, Maine, and Iowa, or as much as $1,690 on average in Michigan, Louisiana, and New York.

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 Cheapest Mini Cooper Insurance

Saving money on car insurance takes being a low-risk driver, maintaining a good credit score, eliminating unneeded coverage, and possibly raising deductibles. Set aside time to compare rates at least once a year by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The items below are a recap of the primary concepts that were covered above.

• Drivers can save as much as $140 per year just by quoting online in advance
• Higher risk drivers that have major violations or accidents pay an average of $1,380 more each year to insure their Cooper
• Increasing deductibles could save as much as $450 each year
• Teen drivers are expensive to insure, costing as high as $374 per month if the policy includes full coverage

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.