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.

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

Average premium for full coverage: $1,188

Rate estimates for individual coverage type:

These estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all U.S. states and for different Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on insurance rates. Areas with sparse population tend to have more infrequent collision claims than cities with more traffic congestion.

The price range example below illustrates how where you live affects auto insurance rates.

These examples demonstrate why anyone shopping for car insurance should compare rates quotes for a specific zip code and their own driving history, rather than using averaged prices.

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

Rate Comparisons

The chart below details 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 $152 annually
• The average price for a 40-year-old driver using $500 deductibles is $1,188
• Selecting more expensive low deductibles increases the price to $1,478
• Unlucky drivers with serious driving violations could pay at least $2,568 or more
• The cost to insure a teenage driver with full coverage can be $4,482

View Chart as Image

Insurance rates for a Mini Cooper can also vary considerably based on policy deductibles and limits, your driving record, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $450 a year, while increasing your policy's liability limits will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $270 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may only pay around $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers can expect to pay as much as $4,400 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out at least $1,400 to $2,000 extra per year, depending on your age. High-risk driver insurance is expensive and can cost around 45% to 131% more than the average policy. View High Risk Driver Rates

Where you live also has a big influence on Mini Cooper insurance rates. A middle-age driver might find rates as low as $860 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,600 on average in Florida, Michigan, and New York.

View Chart as Image

With so much variability in rates, the best way to find out your exact price is to compare rates and see how they stack up. Every auto insurance company calculates rates differently, so the rates can be significantly 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 Shop for Cheap Mini Cooper Insurance

Saving money on auto insurance consists of being a safe and courteous driver, having good credit, eliminating unnecessary coverage, and insuring your home and auto with the same company. Take the time to comparison shop every time your policy renews by requesting rates from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below is a brief summary of the information touched on in the above illustrations.

• You may be able to save up to $140 per year simply by shopping early and online
• Teenage drivers pay higher rates, with premiums as much as $374 per month if they have full coverage
• Increasing deductibles could save as much as $450 each year
• Drivers that tend to have accidents or serious violations pay on average $1,380 more every year for auto insurance
• Consumers who may need higher levels of liability will pay approximately $430 every year to raise from a minimum 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.