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. Comprehensive insurance costs around $250, collision insurance costs $450, and liability is $384. Buying just liability costs around $432 a year, and insurance for high-risk drivers costs $2,640 or more. 16-year-old drivers cost the most to insure at up to $4,582 a year.

Average premium for full coverage: $1,220

Policy rates for type of insurance:

These estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes medical and UM/UIM coverage. Prices are averaged for all states and for different Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than congested cities. The price range example below illustrates how location impacts auto insurance rates.

The examples above show why anyone shopping for car insurance should compare rates quotes for a specific zip code, instead of using rate averages.

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

More Rate Details

The chart below shows average Mini Cooper insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $701
• Raising to $1,000 deductibles will save about $160 a year
• The estimated price for a good driver age 40 using $500 deductibles is $1,220
• Buying more expensive low deductibles will cost an additional $308 every year
• At-risk drivers with multiple tickets or accidents could pay at least $2,640
• Policy cost that insures a teen driver with full coverage can be $4,582

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on the model year and trim level, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $1,500 to $2,000 extra every year, depending on your age. High-risk driver insurance is expensive and can cost as much as 44% to 137% more than the average rate. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay as much as $4,500 a year. View Rates by Age

Your home state also has a big influence on Mini Cooper insurance prices. A middle-age driver might find rates as low as $800 a year in states like Idaho, Maine, and Iowa, or at least $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $470 every year, while increasing your policy's liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $268 more per year. 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 Cheap Mini Cooper Insurance

Finding cheaper rates on car insurance consists of avoiding accidents and violations, having above-average credit, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Comparison shop every year by requesting rates from direct carriers, and also from several local insurance agents.

The list below is a brief summary of the coverage data touched on above.

• Drivers can save up to $150 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $475 each year
• Teenagers pay higher rates, costing up to $382 each month if full coverage is included
• Higher risk drivers that tend to have accidents or serious violations pay on average $1,420 more every year for car insurance

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.