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 for full coverage insurance. Comprehensive insurance costs on average $250, collision costs $450, and liability insurance costs $384. A liability-only policy costs as little as $432 a year, with high-risk insurance costing $2,640 or more. Teen drivers cost the most to insure at $4,582 a year or more.

Average premium for full coverage: $1,220

Policy rates by type of insurance:

These estimates include $500 policy deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and for all Cooper models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on insurance rates. Rural areas are shown to have lower incidents of physical damage claims than larger metro areas.

The example below illustrates how location impacts car insurance rates.

The examples above illustrate why everyone should compare rates based on a specific location, rather than relying on price averages.

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

Additional Rate Information

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

• The lowest rate with discounts is $701
• Drivers who choose higher $1,000 deductibles will pay around $160 each year
• The estimated price for a good driver age 40 with $500 deductibles is $1,220
• Choosing pricier low deductibles for comprehensive and collision insurance will cost an additional $308 a year
• High risk drivers with multiple violations and an at-fault accident could pay upwards of $2,640 or more
• Policy cost that insures a teen driver for full coverage may cost $4,582 a year

View Chart as Image

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

If you have a few points on your driving record or you caused an accident, you are probably paying at a minimum $1,500 to $2,000 extra every year, depending on your age. Mini Cooper insurance for high-risk drivers can cost anywhere from 44% to 137% more than average. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged upwards of $4,500 a year. View Rates by Age

Your home state 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 as much as $1,640 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles could save up to $470 each 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 raise rates by up to $268 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out exactly what you will pay is to regularly compare rates from as many companies as possible. Every company uses a different rate calculation, so rate quotes will be varied.

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 Cheap Mini Cooper Insurance

Finding cheaper rates on Mini Cooper insurance not only requires avoiding accidents and claims, but also having a positive credit history, being claim-free, and maximizing policy discounts. Shop around every couple of years by requesting quotes from direct insurance companies, and also from your local independent and exclusive agents.

The points below are a brief summary of the material that was touched on above.

• Drivers who require increased liability limits will pay about $420 annually to go from a 30/60 limit to the 250/500 level
• Drivers under the age of 20 are expensive to insure, possibly costing $382 each month if full coverage is purchased
• High-risk drivers that tend to have accidents or serious violations may pay on average $1,420 more each year to insure a Mini Cooper
• Increasing comprehensive and collision 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.