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 prices for a Mini Cooper are $1,188 every 12 months for full coverage. Comprehensive insurance costs around $240 a year, collision costs $424, and liability is $388. Liability-only coverage costs around $434 a year, with high-risk coverage costing $2,568 or more. Teens cost the most to insure at $4,482 a year or more.

Average premium for full coverage: $1,188

Policy rates for type of insurance:

These estimates include $500 deductible amounts, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all states and 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 more infrequent accident claims than cities with more traffic congestion.

The diagram below illustrates how your location can change auto insurance rates.

The examples above show why it is important to compare rates quotes for a specific zip code and their own driving history, instead of using averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $686
• Raising to $1,000 deductibles will save about $1,036 a year
• The average price for a good driver age 40 using $500 deductibles is $1,188
• Selecting low $100 deductibles costs an extra $290 every year
• At-risk drivers with serious driving violations could pay at least $2,568 or more
• Policy cost to insure a teen driver can be $4,482

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on liability limits and deductibles, your driver profile, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $450 every year, while buying higher liability limits will increase rates. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $270 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay as much as $4,400 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying at least $1,400 to $2,000 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 45% to 131% more than the average policy. View High Risk Driver Rates

Your home state also has a big influence on Mini Cooper insurance prices. A middle-age driver might find rates as low as $780 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,690 on average in Michigan, Louisiana, and New York.

View Chart as Image

Because rates have so much variability, the only way to know your exact price is to get quotes and see which company has the best rate. Every auto insurance company calculates rates differently, and rates will be varied.

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 Shop for Cheap Mini Cooper Insurance

Finding cheaper rates on car insurance consists of having a good driving record, having above-average credit, avoid buying unnecessary coverage, and taking advantage of discounts. Invest the time to shop around every time your policy renews by quoting rates from direct carriers, and also from local exclusive and independent agents.

The next list is a brief summary of the information illustrated above.

• Drivers can save up to $140 per year simply by quoting early and online
• Drivers age 20 and younger are charged the highest rates, costing up to $374 each month if full coverage is included
• Increasing comprehensive and collision deductibles could save as much as $450 each year
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,380 more every year to buy Mini Cooper insurance
• Policyholders who may need increased levels of liability coverage will pay approximately $430 each year to raise from a 30/60 limit to a 250/500 level

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.