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 approximately $250 each year, collision insurance costs $450, and liability insurance is estimated at $384. Liability-only insurance costs approximately $432 a year, and high-risk driver insurance costs around $2,640. Teenage 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:

Full coverage includes $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and Cooper models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates how location impacts auto insurance prices.

The examples above highlight why all drivers should get quotes using their specific location, rather than relying on average rates.

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

Additional Rate Details

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

• The best discount rate is $701
• Choosing higher $1,000 deductibles can save $160 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,220
• Using low deductibles for comp and collision coverage bumps up the cost to $1,528
• High-risk insureds who are prone to accidents and violations could pay around $2,640
• Policy cost that insures a teen driver can cost $4,582 each year

View Chart as Image

Auto insurance rates for a Mini Cooper also range considerably based on the trim level and model year, your driving record and age, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,500 to $2,000 in extra premium every year, depending on your age. Insurance for high-risk drivers ranges anywhere from 44% to 137% more than a normal policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay in the ballpark of $4,500 a year. View Rates by Age

Your home state plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $470 each year, whereas increasing liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $268 extra every year. View Rates by Deductible or Liability Limit

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 Mini Cooper insurance takes having a decent driving record, maintaining a good credit score, paying for small claims out-of-pocket, and possibly higher deductibles. Compare prices every other policy renewal by requesting quotes from direct car insurance companies, and also from local auto insurance providers.

The following items are a summary of the ideas that were touched on above.

• 16 to 18-year-old drivers have the highest car insurance rates, with premiums being up to $382 each month if the policy includes full coverage
• High-risk drivers who have multiple accidents or major violations will likely pay on average $1,420 more per year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save approximately $475 each year
• You may be able to save around $150 per year just by quoting online in advance

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.