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 $1,220 a year for full coverage. Comprehensive costs approximately $250 each year, collision costs $450, and liability coverage costs $384. Liability-only insurance costs as little as $432 a year, with high-risk driver insurance costing around $2,640. Teen drivers pay the most at $4,582 a year or more.

Average premium for full coverage: $1,220

Premium estimates by type of coverage:

Full coverage includes $500 policy deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and Cooper models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on car insurance rates. Rural locations are statistically proven to have lower incidents of accident claims than larger metro areas.

The graphic below illustrates the difference location can make on auto insurance prices.

These rate differences show why all drivers should compare rates using their specific location, rather than using price averages.

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

Additional Rate Analysis

The chart below shows estimated Mini Cooper insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $701
• Drivers who choose higher $1,000 deductibles will pay $160 a year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,220
• Choosing low deductibles for comprehensive and collision insurance bumps up the cost to $1,528
• High-risk insureds with multiple violations and an at-fault accident could pay around $2,640 or more
• An auto insurance policy that insures a teenage driver can cost $4,582 a year

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on the trim level and model year, how you drive, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you could be paying anywhere from $1,500 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers can cost around 44% to 137% more than average. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 per year on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,500 a year. View Rates by Age

Where you choose to live 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 Iowa, Maine, and Idaho, or as much as $1,740 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $470 a year, whereas increasing liability limits will push prices upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $268 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to know who has the cheapest car insurance prices is to do a rate comparison and see how they stack up. Every company uses a different rate calculation, and 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 More Affordable Mini Cooper Insurance

Finding better rates on auto insurance not only requires being safe and accident-free, but also having a good credit score, not filing small claims, and qualifying for all possible discounts. Shop around at every policy renewal by obtaining price quotes from direct carriers, and also from insurance agencies where you live.

Below you'll find a summary of the data touched on in this article.

• Consumers who purchase more liability protection will pay about $420 each year to go from 30/60 bodily injury limits to the 250/500 level
• Drivers can save around $150 per year simply by quoting online in advance
• Increasing policy deductibles can save approximately $475 each year
• Youthful drivers are the costliest to insure, as much as $382 per month if comprehensive and collision insurance is included

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.