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 auto insurance rates for a Mini Cooper are $1,188 annually for full coverage. Comprehensive costs approximately $240, collision costs $424, and liability insurance is $388. A policy with just liability insurance costs around $434 a year, with coverage for high-risk drivers costing around $2,568. Teenage drivers receive the highest rates at $4,482 a year or more.

Average premium for full coverage: $1,188

Rate estimates by individual coverage type:

Rates are based on $500 policy deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Rates are averaged for all 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 significant impact on car insurance rates. Rural locations tend to have fewer accident claims than densely populated cities.

The price range example below illustrates the difference location can make on auto insurance prices.

These examples show why anyone shopping for car insurance should compare rates quotes using their specific location and their own personal driving habits, rather than relying on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $686
• Raising to $1,000 deductibles will save $152 a year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,188
• Using more expensive low deductibles will cost $1,478
• Higher-risk drivers who are prone to accidents and violations could pay around $2,568 or more
• The cost with full coverage for a teen driver with full coverage can cost $4,482

View Chart as Image

Insurance rates for a Mini Cooper can also vary considerably based on the trim level of your Cooper, your driver profile, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high physical damage deductibles could pay as little as $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $4,400 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying anywhere from $1,400 to $2,000 additional per year, depending on your age. High-risk driver insurance is expensive and can cost anywhere from 45% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $450 each year, while increasing your policy's liability limits will push rates upward. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $270 more each year. View Rates by Deductible or Liability Limit

Where you live also has a big influence on Mini Cooper insurance rates. A middle-age driver might find rates as low as $780 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,690 on average in New York, Louisiana, and Michigan.

View Chart as Image

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to compare rates from as many companies as possible. Every auto insurance company uses a different method to calculate rates, and rates can be significantly different between companies.

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 Buy the Best Cheap Mini Cooper Insurance

Saving money on Mini Cooper insurance consists of being a good driver, having good credit, eliminating unneeded coverage, and qualifying for all possible discounts. Make time to compare rates at least every other year by requesting quotes from direct carriers like Progressive and GEICO, and also from several local insurance agents.

The following list is a quick review of the car insurance concepts touched on in this article.

• High-risk drivers with a DUI or reckless driving violation pay on average $1,380 more per year than a safer driver
• Drivers can save around $140 per year simply by shopping early and online
• Increasing deductibles could save up to $450 each year
• Drivers who purchase an increased level of liability coverage will pay an extra $430 each year to raise from a minimum limit to higher 250/500 limits

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.