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.

Estimated insurance prices for a Mini Cooper are $1,188 every 12 months for full coverage. Comprehensive costs on average $240 a year, collision insurance costs $424, and liability insurance costs $388. Liability-only coverage costs as little as $434 a year, and high-risk coverage costs around $2,568. Teenage drivers pay the most at up to $4,482 a year.

Average premium for full coverage: $1,188

Premium estimates by type of coverage:

Price estimates include $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes medical and UM/UIM coverage. Rates include averaging for all states and Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a significant impact on car insurance rates. Rural areas are statistically proven to have more infrequent accident claims than densely populated cities. The diagram below illustrates how location helps determine car insurance rates.

These rate differences show why it is important to compare rates based on a specific location and their own driving history, rather than relying on average rates.

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

More Rate Details

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

• The best discount rate is $686
• Drivers who choose higher $1,000 deductibles will pay around $1,036 a year
• The average price for a 40-year-old good driver with $500 deductibles is $1,188
• Using low $100 deductibles for comprehensive and collision insurance increases the price to $1,478
• High risk drivers who are prone to accidents and violations could pay upwards of $2,568
• An auto insurance policy to insure a teen driver may cost $4,482 a year

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the trim level of your Cooper.

Using high physical damage deductibles could save up to $450 each year, while buying higher liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost up to $270 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers can expect to pay upwards of $4,400 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying at a minimum $1,400 to $2,000 extra annually, depending on your age. A high-risk auto insurance policy can cost anywhere from 45% to 131% more than a normal policy. View High Risk Driver Rates

Where you choose to live makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $780 a year in states like Idaho, Maine, and Iowa, or be forced to pay 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 Cheaper Mini Cooper Insurance

Finding better rates on Mini Cooper insurance not only requires being a low-risk driver, but also having good credit, not filing small claims, and determing if full coverage is necessary. Invest time comparing rates at every other renewal by getting price quotes from direct carriers, and also from local independent and exclusive agents.

The items below are a condensed summary of the concepts that were covered in the charts and tables above.

• High-risk drivers with multiple at-fault accidents pay an average of $1,380 more each year to insure their Cooper
• Teen drivers pay the highest prices, as much as $374 per month if they have full coverage
• Drivers can save as much as $140 per year just by quoting early and online
• Increasing policy deductibles could save as much as $450 each year
• Drivers can save as much as $140 per year just by quoting early and online

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.