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 rates for a Mini Cooper are $1,220 a year for full coverage insurance. Comprehensive costs on average $250, collision insurance costs $450, and liability coverage costs $384. Liability-only coverage costs as little as $432 a year, and high-risk coverage costs around $2,640. 16-year-old drivers receive the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and for all Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on insurance rates. Rural areas tend to have lower incidents of physical damage claims than congested cities. The example below illustrates the difference location can make on car insurance rates.

These examples illustrate why everyone should compare rates based on a specific location, rather than using rate averages.

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

Rates by State, City, and Model

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

• The best full coverage rate is $701
• Drivers who choose higher $1,000 deductibles will pay around $160 each year
• The estimated price for a 40-year-old driver with $500 deductibles is $1,220
• Buying pricier low deductibles for comprehensive and collision insurance bumps up the cost to $1,528
• High-risk insureds with multiple tickets or accidents could pay upwards of $2,640
• The cost that insures a teenage driver for full coverage may cost $4,582 a year

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on the model of your Cooper, your age and driving record, and policy deductibles and limits.

If you like to drive fast or you caused an accident, you are probably paying at a minimum $1,500 to $2,000 extra per year, depending on your age. Mini Cooper insurance for high-risk drivers can cost around 44% to 137% more than the average rate. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles may only pay around $1,100 per year on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will be charged upwards of $4,500 a year. View Rates by Age

Where you live makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,640 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $470 a year, whereas buying more liability protection will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $268 extra every 12 months. 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 Low Cost Mini Cooper Insurance

Saving money on auto insurance not only requires having a decent driving record, but also having a positive credit history, avoid buying unnecessary coverage, and possibly raising deductibles. Comparison shop every couple of years by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following items are a review of the material that was touched on in this article.

• Consumers who require additional liability coverage will pay around $420 annually to go from a minimum limit to the 250/500 level
• 16 to 18-year-old drivers are expensive to insure, costing up to $382 per month if full coverage is purchased
• Drivers who have several accidents or serious violations may pay on average $1,420 more each year than a driver with a clean driving record
• Increasing deductibles can save approximately $475 each year

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.