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 $1,188 a year for full coverage insurance. Comprehensive insurance costs an estimated $240 a year, collision insurance costs $424, and liability costs $388. A liability-only policy costs as little as $434 a year, and high-risk insurance costs $2,568 or more. 16-year-old drivers pay the most at up to $4,482 a year.

Average premium for full coverage: $1,188

Premium estimates broken down by type of coverage:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can have significant affects on the price of insurance. More rural locations are statistically proven to have lower incidents of physical damage claims than congested cities. The diagram below illustrates the difference location can make on insurance prices.

These rate differences illustrate why it is important to compare rates for a targeted area, instead of using rate averages.

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

Additional Rate Analysis

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

• The best full coverage rate is $686
• Drivers who choose higher $1,000 deductibles will pay approximately $1,036 each year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $1,188
• Buying low $100 deductibles for comprehensive and collision insurance will cost an additional $290 every year
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,568
• An auto insurance policy that insures a teen driver can cost as much as $4,482 a year

View Chart as Image

Auto insurance prices for a Mini Cooper also have a wide range based on the trim level of your Cooper, your age and driving record, and liability limits and deductibles.

If you have a few violations or you caused an accident, you are probably paying $1,400 to $2,000 in extra premium annually, depending on your age. A high-risk auto insurance policy can cost as much as 45% to 131% more than the average rate. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as little as $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 will have to pay at least $4,400 a year. View Rates by Age

Where you choose to live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $770 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,600 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $450 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $270 extra every year. View Rates by Deductible or Liability Limit

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 Mini Cooper Insurance

Finding better rates on car insurance not only requires having a decent driving record, but also maintaining a good credit score, paying for small claims out-of-pocket, and consideration of higher deductibles. Comparison shop at every policy renewal by getting quotes from direct insurance companies, and also from local insurance agencies.

The following items are a brief recap of the data touched on in this article.

• Policyholders who want additional liability coverage will pay around $430 annually to go from 30/60 bodily injury limits to the 250/500 level
• It is possible to save approximately $140 per year just by quoting early and online
• Increasing policy deductibles can save approximately $450 each year
• 16 to 18-year-old drivers are the costliest to insure, with premiums being up to $374 per month if the policy includes 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.