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 costs $450, and liability costs $384. Liability-only coverage costs as little as $432 a year, with high-risk coverage costing around $2,640. Teen drivers receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Full coverage includes $500 policy deductibles, liability coverage up to 30/60, and includes both medical and UM/UIM 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 can have significant affects on insurance rates. Rural areas tend to have a lower frequency of physical damage claims than larger metro areas.

The example below illustrates how where you live affects car insurance rates.

These examples illustrate why everyone should compare rates based on a specific location and risk profile, instead of using price averages.

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

Rate Comparisons

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 average rate for a 40-year-old driver with $500 deductibles is $1,220
• Choosing pricier low deductibles for comprehensive and collision insurance will increase the cost to $1,528
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,640 or more
• The cost for full coverage for a teen 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 your driver profile, the model year and trim level, and policy deductibles and limits.

A more mature driver with no driving violations and high deductibles may pay as little as $1,100 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers will be charged upwards of $4,500 a year. View Rates by Age

Where you live makes a big difference in Mini Cooper insurance prices. 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 every year, whereas buying more liability protection will cost you more. Switching from a 50/100 limit to a 250/500 limit will cost as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, 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 as much as 44% to 137% more than average. View High Risk Driver Rates

With so much variability in rates, the only way to figure out exactly what you will pay is to regularly compare rates and see which company has the best rate. Every company uses a different rate calculation, so rate quotes can be significantly different from one company to the next.

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 More Affordable Mini Cooper Insurance

Saving money on car insurance not only requires being safe and accident-free, but also having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Take the time to comparison shop every time your policy renews by requesting quotes from direct insurance companies like GEICO and Progressive, and also from local independent and exclusive agents.

Below you'll find a summary of the information touched on in the above illustrations.

• It is possible to save as much as $150 per year simply by quoting online well ahead of the renewal date
• Youthful drivers are expensive to insure, costing up to $382 per month if full coverage is included
• Increasing deductibles can save around $475 each year
• Higher risk drivers who have multiple accidents or major violations pay an average of $1,420 more each year than a low-risk driver
• Policyholders who require more liability protection will pay about $420 annually to go from a minimum limit to 250/500 limits

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.