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 $1,220 every 12 months including full coverage. Comprehensive costs approximately $250 a year, collision costs $450, and liability costs $384. A policy with just liability insurance costs as little as $432 a year, with coverage for high-risk drivers costing around $2,640. 16-year-old drivers receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Rates are based on $500 comprehensive and collision deductibles, liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on car insurance prices. Rural locations tend to have more infrequent comprehensive and collision claims than congested cities.

The diagram below illustrates how geographic area affects auto insurance prices.

These examples highlight why it is important to compare rates using their specific location and their own driving history, instead of using rate averages.

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

Additional Charts and Tables

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

• The best full coverage rate is $701
• Drivers who choose higher $1,000 deductibles will pay $1,060 every year
• The average price for a 40-year-old driver who chooses $500 deductibles is $1,220
• Buying low $100 deductibles for comprehensive and collision insurance increases the price to $1,528
• Higher-risk drivers with multiple tickets or accidents could pay around $2,640 or more
• The cost to insure a teen driver can cost $4,582 a year

View Chart as Image

Insurance rates for a Mini Cooper can also vary considerably based on policy deductibles and limits, your driving characteristics, and the model of your Cooper.

Opting for high physical damage deductibles could save up to $470 every year, while buying higher liability limits will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will cost as much as $268 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may pay as little as $1,100 per year on average for full coverage. Rates are highest for teen drivers, since even excellent drivers should be prepared to pay in the ballpark of $4,500 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are likely paying anywhere from $1,500 to $2,000 additional per year, depending on your age. A high-risk auto insurance policy can cost as much as 44% to 137% more than the average rate. View High Risk Driver Rates

Where you live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

With so much variability in rates, the best way to figure out who has the best auto insurance rates is to get quotes and see which company has the best rate. Every company utilizes a different rate formula, and rates can be significantly 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 Shop for the Best Cheap Mini Cooper Insurance

Saving money on car insurance not only requires avoiding accidents and violations, but also having above-average credit, not filing small claims, and qualifying for all possible discounts. Invest the time to compare rates once a year by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local car insurance providers.

The list below is a quick review of the data that was presented in the illustrations above.

• You may be able to save around $150 per year simply by quoting early and online
• Policyholders who purchase higher liability limits will pay around $420 per year to go from a minimum limit to a 250/500 level
• Teenagers are the costliest to insure, as much as $382 per month if full coverage is included
• Higher risk drivers with a DUI or reckless driving violation could be charged and average of $1,420 more per year for car insurance

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.