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 $1,220 every 12 months for full coverage insurance. Comprehensive costs approximately $250 each year, 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 around $2,640. Teens receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Prices are based on $500 physical damage insurance deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on the price of auto insurance. Rural locations tend to have more infrequent physical damage claims than cities with more traffic congestion.

The graphic below illustrates the effect of geographic area on auto insurance prices.

These examples illustrate why all drivers should compare rates using their specific location and their own driving history, rather than relying on averaged prices.

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

Additional Rate Details

The chart below illustrates estimated Mini Cooper insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $701
• Drivers who choose higher $1,000 deductibles will pay $160 each year
• The average price for a 40-year-old driver who chooses $500 deductibles is $1,220
• Selecting low deductibles for comprehensive and collision insurance increases the price to $1,528
• High risk drivers with serious driving violations could pay around $2,640 or more
• The cost to insure a teen driver can cost $4,582 a year

View Chart as Image

Auto insurance rates for a Mini Cooper can also vary considerably based on policy deductibles and limits, your risk profile, and the model of your Cooper.

Choosing higher comprehensive and collision insurance deductibles could save up to $470 each year, whereas increasing liability limits will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will cost as much as $268 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher deductibles could pay as little as $1,100 per year on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers will have to pay in the ballpark of $4,500 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are probably paying anywhere from $1,500 to $2,000 in extra premium per year, depending on your age. Insurance for high-risk drivers can cost anywhere from 44% to 137% more than the average policy. View High Risk Driver Rates

Where you live 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 North Carolina, Wisconsin, and Vermont, or have to pay at least $1,640 on average in Florida, New York, and Michigan.

View Chart as Image

With so much variability in rates, the only way to figure out who has the best car insurance rates is to do a rate comparison from as many companies as possible. Every company calculates rates differently, and quoted 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 Affordable Mini Cooper Insurance

Saving money on Mini Cooper insurance not only requires being a low-risk driver, but also having a good credit score, avoid buying unnecessary coverage, and not having any coverage lapses. Take the time to compare rates at least once a year by requesting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from local insurance agencies.

The items below are a brief review of the primary concepts that were covered in the above illustrations.

• It is possible to save around $150 per year simply by quoting online in advance
• High-risk drivers with DUI or reckless driving convictions may have to pay on average $1,420 more per year to insure their Cooper
• Increasing deductibles could save as much as $475 each year
• Teen drivers have the highest car insurance rates, costing up to $382 per 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.