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 insurance. Comprehensive insurance costs around $250 a year, collision costs $450, and liability coverage is estimated at $384. A liability-only policy costs approximately $432 a year, with high-risk insurance costing $2,640 or more. Teens cost the most to insure at $4,582 a year or more.

Average premium for full coverage: $1,220

Policy rates for type of insurance:

Full coverage includes $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance rates. Areas with sparse population are shown to have lower incidents of physical damage claims than cities with more traffic congestion.

The diagram below illustrates how where you live affects auto insurance rates.

The examples above illustrate why it is important to get quotes for a specific zip code, rather than using averaged prices.

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

Additional Rate Analysis

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

• The cheapest rate after discounts is $701
• Choosing higher $1,000 deductibles can save about $1,060 each year
• The estimated price for a good driver age 40 using $500 deductibles is $1,220
• Selecting low $100 deductibles for comp and collision coverage will cost an additional $308 each year
• Drivers with serious driving violations could pay at least $2,640 or more
• Policy cost that insures a teenage driver can be $4,582 each year

View Chart as Image

Car insurance rates for a Mini Cooper also range considerably based on the trim level of your Cooper, your age and driving record, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you are probably paying at least $1,500 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy ranges around 44% to 137% more than the average policy. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged as much as $4,500 a year. View Rates by Age

Your home state plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,640 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $470 a year, while buying higher liability limits will increase rates. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $268 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out your exact price is to get quotes and see how they stack up. Each auto insurer calculates rates differently, so rate quotes 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 Find More Affordable Mini Cooper Insurance

Finding cheaper rates on auto insurance takes being a low-risk driver, having a positive credit history, being claim-free, and qualifying for all possible discounts. Compare rates every time your policy renews by getting quotes from direct insurance companies, and also from insurance agencies where you live.

The items below are a summary of the information touched on in the above illustrations.

• It is possible to save up to $150 per year simply by quoting early and online
• Teen drivers are the costliest to insure, possibly costing $382 each month if full coverage is purchased
• Increasing comprehensive and collision deductibles can save approximately $475 each year
• Drivers who have multiple accidents or major violations could be forced to pay on average $1,420 more every year to insure their Cooper
• Consumers who may need more liability coverage will pay approximately $420 annually to raise limits from a 30/60 limit to the 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.