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 rates for a Mini Cooper are $1,188 a year with full coverage. Comprehensive costs on average $240 a year, collision costs $424, and liability is estimated at $388. A liability-only policy costs approximately $434 a year, with high-risk insurance costing around $2,568. Teens pay the most at $4,482 a year or more.

Average premium for full coverage: $1,188

Premium estimates by type of coverage:

Rates are based on $500 policy deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Rates include averaging for all U.S. states and Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can make a big difference on auto insurance rates. Rural areas are statistically proven to have lower incidents of collision claims than cities with more traffic congestion.

The diagram below illustrates how geographic area affects car insurance rates.

These rate differences demonstrate why it is important to get quotes based on a specific location, instead of making a decision based on 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 different risk profiles and scenarios.

• The cheapest rate after discounts is $686
• Choosing higher $1,000 deductibles can save around $1,036 annually
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,188
• Selecting low $100 deductibles for comp and collision coverage bumps up the cost to $1,478
• Higher-risk drivers with serious driving violations could pay upwards of $2,568 or more
• An auto insurance policy that insures a 16-year-old driver may cost $4,482 each year

View Chart as Image

Auto insurance prices for a Mini Cooper also have a wide range based on the trim level of your Cooper, your age and driving habits, and policy deductibles and limits.

If you have a few violations or you caused an accident, you may be forking out at a minimum $1,400 to $2,000 in extra premium annually, depending on your age. A high-risk auto insurance policy ranges from 45% to 131% more than the average policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will have to pay upwards of $4,400 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $860 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,600 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $450 annually, while buying higher liability limits will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $270 extra every year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to find out exactly what you will pay is to get quotes from multiple companies. Each auto insurer calculates prices differently, and quoted prices will be substantially 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 Find the Best Cheap Mini Cooper Insurance

Finding better rates on insurance for a Mini Cooper takes avoiding accidents and claims, maintaining a good credit score, being claim-free, and taking advantage of discounts. Compare rates every year by quoting rates from direct companies, and also from several local insurance agents.

The points below are a quick review of the coverage data presented in the illustrations above.

• You may be able to save as much as $140 per year simply by quoting early and online
• Increasing policy deductibles can save approximately $450 each year
• Drivers under the age of 20 are charged the highest prices, possibly costing $374 per month if the policy includes full coverage
• Drivers considered higher risk with a DUI or reckless driving violation pay on average $1,380 more each year to insure a Mini Cooper

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.