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 prices for a Mini Cooper are $912 every 12 months with full coverage. Comprehensive insurance costs around $160, collision costs $214, and liability costs around $402. Liability-only insurance costs as low as $446 a year, with high-risk driver insurance costing $1,958 or more. Teens pay the highest rates at $3,614 a year or more.

Average premium for full coverage: $912

Price estimates for individual coverage:

These estimates include $500 deductibles, bodily injury liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all U.S. states and for all Cooper models.

Price Range from Low to High

Geographic Price Range

Where you live can have significant affects on insurance rates. Areas with sparse population have more infrequent collision claims than cities with more traffic congestion.

The example below illustrates how location helps determine auto insurance rates.

The ranges above demonstrate why everyone should compare prices for a specific zip code and their own driving history, instead of using averaged prices.

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

Additional Rate Analysis

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

• The cheapest rate after discounts is $550
• Using higher $1,000 deductibles will save about $86 annually
• The average price for the average middle-age driver using $500 deductibles is $912
• Selecting pricier low deductibles for physical damage coverage costs an extra $160 every year
• Drivers with serious driving violations could pay at least $1,958 or more
• The price to insure a teen driver for full coverage can be $3,614 or more

View Chart as Image

Car insurance prices for a Mini Cooper are also quite variable based on deductibles and policy limits, your driving record, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $250 every year, whereas buying more liability protection will increase prices. Moving from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $281 extra every 12 months. View Rates by Deductible or Liability Limit

A more mature driver with no driving violations and higher deductibles may pay as little as $900 a year for full coverage. Prices are much higher for teenage drivers, since even excellent drivers will be charged as much as $3,600 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you may be forking out at least $1,100 to $1,500 extra each year, depending on your age. Mini Cooper insurance for high-risk drivers can be as much as 42% to 134% more than the average policy. View High Risk Driver Rates

The state you live in has a huge impact on Mini Cooper insurance prices. A driver around age 40 might see prices as low as $660 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,230 on average in Florida, Michigan, and New York.

View Chart as Image

Since prices can be so different, the best way to find out your exact price is to regularly compare prices and see which company has the best price. Each insurance company calculates prices differently, so rate quotes may be quite different.

Insurance Rates by Trim Level and Model Year

Rates assume 2009 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 Cheap Mini Cooper Insurance

Getting lower rates on car insurance requires not taking risks behind the wheel, maintaining a good credit score, avoid buying unnecessary coverage, and qualifying for all possible discounts. Invest time comparing rates every other policy renewal by getting rate quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following is a brief summary of the ideas that were covered in the charts and tables above.

• Teens are the costliest to insure, costing up to $301 a month if the policy includes full coverage
• Higher risk drivers that tend to have accidents or serious violations pay on average $1,050 more every year for Cooper insurance
• Increasing physical damage deductibles could save as much as $250 each year
• You may be able to save up to $100 per year simply by quoting online well ahead of the renewal date

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.