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.

U.S. average insurance rates for a Mini Cooper are $1,220 a year for full coverage. Comprehensive insurance costs an estimated $250, collision costs $450, and liability insurance costs $384. Buying just liability costs as little as $432 a year, with insurance for high-risk drivers costing $2,640 or more. Teenage drivers pay the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Price estimates broken down by individual coverage:

Prices are based on $500 deductible amounts, split liability limits of 30/60, and includes UM/UIM and medical coverage. Estimates are averaged for all states and for all Cooper models.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on insurance rates. More rural locations have lower incidents of accident claims than densely populated cities.

The example below illustrates how geographic area affects insurance prices.

The ranges above show why everyone should compare rates for a targeted area, rather than relying on average rates.

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

Rates by State, City, and Model

The chart below shows estimated Mini Cooper insurance rates for other coverage scenarios.

• The best discount rate is $701
• Drivers who choose higher $1,000 deductibles will pay approximately $160 a year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,220
• Using pricier low deductibles for comprehensive and collision insurance will cost an additional $308 a year
• High risk drivers who are prone to accidents and violations could pay up to $2,640 or more
• The price that insures a teen driver for full coverage can cost as much as $4,582 a year

View Chart as Image

Insurance prices for a Mini Cooper are also quite variable based on the model of your Cooper, how you drive, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you could be paying $1,500 to $2,000 additional each year, depending on your age. Mini Cooper insurance for high-risk drivers can cost anywhere from 44% to 137% more than a normal policy. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,100 per year on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay at least $4,500 a year. View Rates by Age

The state you live in makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $800 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,740 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $470 each year, whereas buying more liability protection will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $268 more each year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know which car insurance is cheapest is to regularly compare prices from as many companies as possible. Every company uses a different method to calculate prices, and prices may be quite 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 Find Affordable Mini Cooper Insurance

Getting lower rates on Mini Cooper insurance not only requires having a good driving record, but also having a good credit score, eliminating unnecessary coverage, and maximizing policy discounts. Compare prices at least once a year by requesting quotes from direct carriers, and also from your local independent and exclusive agents.

The next list is a brief review of the primary concepts that were presented in the illustrations above.

• Drivers can save approximately $150 per year simply by quoting online well ahead of the renewal date
• High-risk drivers with DUI or reckless driving convictions may pay on average $1,420 more annually to buy Mini Cooper insurance
• Increasing physical damage deductibles can save approximately $475 each year
• Drivers age 20 and younger are expensive to insure, with premiums as much as $382 a month if comprehensive and collision insurance is included

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.