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.

U.S. average insurance rates for a Mini Cooper are $1,220 a year including full coverage. Comprehensive insurance costs an estimated $250, collision insurance costs $450, and liability coverage is $384. Buying just liability costs around $432 a year, and insurance for high-risk drivers costs $2,640 or more. Teens pay the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Price estimates broken down by individual coverage:

Rates are based on $500 physical damage deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 U.S. states and for all Cooper models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a large influence on the price of auto insurance. More rural locations have a lower frequency of comprehensive and collision claims than cities with more traffic congestion. The example below illustrates how geographic area affects insurance prices.

The ranges above highlight why everyone should compare rates quotes for a targeted area and risk profile, rather than using averaged prices.

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

Rates by State, City, and Model

The chart below breaks down average Mini Cooper insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $701
• Raising to $1,000 deductibles will save approximately $160 every year
• The average rate for the average middle-age driver who has $500 deductibles is $1,220
• Selecting pricier low deductibles will cost an extra $308 each year
• Unlucky drivers with serious driving violations could pay up to $2,640
• The price for full coverage for a teenage driver for full coverage can cost as much as $4,582

View Chart as Image

Insurance prices for a Mini Cooper are also quite variable based on your driving record, the model of your Cooper, and liability limits and deductibles.

A more mature driver with no violations or accidents and high deductibles may only pay around $1,100 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even good drivers should be prepared to pay at least $4,500 a year. View Rates by Age

The state you live in also has a big influence on Mini Cooper insurance rates. A middle-age driver might find prices as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $470 a year, whereas buying more liability protection will increase premiums. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $268 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying $1,500 to $2,000 additional each year, depending on your age. Mini Cooper insurance for high-risk drivers is expensive and can cost around 44% to 137% more than the average policy. View High Risk Driver Rates

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

Getting lower rates on auto insurance consists of being a safe and courteous driver, having a good credit history, being claim-free, and possibly raising deductibles. Invest the time to compare rates every couple of years by requesting quotes from direct car insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

Below is a quick review of the material that was presented in the illustrations above.

• Consumers who want higher levels of liability will pay approximately $420 per year to raise from a low limit to 250/500 limits
• Teenage drivers are expensive to insure, possibly costing $382 a month including comprehensive and collision insurance
• Drivers with a DUI or reckless driving violation may pay on average $1,420 more annually for auto insurance
• Increasing physical damage deductibles can save around $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.