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 auto insurance rates for a Mini Cooper are $1,220 annually for full coverage insurance. Comprehensive insurance costs on average $250 each year, collision costs $450, and liability is estimated at $384. Liability-only insurance costs approximately $432 a year, with high-risk driver insurance costing $2,640 or more. Teenage drivers pay the most at $4,582 a year or more.

Average premium for full coverage: $1,220

Premium estimates by type of coverage:

Prices include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all 50 states and Cooper models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can make a big difference on insurance rates. Rural areas are statistically proven to have fewer physical damage claims than densely populated cities.

The graphic below illustrates how location impacts car insurance rates.

These rate differences illustrate why all drivers should get quotes based on a specific location and their own personal driving habits, instead of making a decision based on average rates.

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

Additional Charts and Tables

The chart below illustrates estimated Mini Cooper insurance rates for different risk profiles and scenarios.

• The best discount rate is $701
• Choosing higher $1,000 deductibles can save around $160 each year
• The estimated rate for a 40-year-old good driver with $500 deductibles is $1,220
• Using low deductibles for comp and collision coverage costs an additional $308 annually
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,640 or more
• An auto insurance policy with full coverage for a 16-year-old driver may cost $4,582 each year

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on the model of your Cooper, your risk profile, and policy deductibles and limits.

More mature drivers with no violations or accidents and high physical damage 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, where even without any violations or accidents they should be prepared to pay upwards of $4,500 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are probably paying at a minimum $1,500 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers ranges from 44% to 137% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $470 annually, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost up to $268 more each year. View Rates by Deductible or Liability Limit

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 $800 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,640 on average in Michigan, New York, and Florida.

View Chart as Image

With such a large range in prices, the only way to figure out exactly what you will pay is to do a rate comparison from multiple companies. Each auto insurer uses a different method to calculate prices, and prices will be substantially different between companies.

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 Buy the Right Mini Cooper Insurance

Finding better rates on insurance for a Mini Cooper takes having a decent driving record, having good credit, paying for small claims out-of-pocket, and insuring your home and auto with the same company. Spend time shopping around at least once a year by quoting rates from direct insurance companies, and also from local exclusive and independent agents.

The following items are a quick rundown of the primary concepts that were touched on above.

• It is possible to save as much as $150 per year simply by quoting online in advance
• Drivers considered higher risk with reckless driving or DUI convictions may pay on average $1,420 more each year than a driver with a clean driving record
• Increasing policy deductibles could save up to $475 each year
• 16 to 18-year-old drivers pay higher prices, with premiums being up to $382 per month if they have full coverage

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.