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 approximately $240 each year, collision insurance costs $424, and liability insurance is $388. A policy with only liability insurance costs around $434 a year, and a high-risk policy costs $2,568 or more. Teens pay the most at up to $4,482 a year.

Average premium for full coverage: $1,188

Premium estimates by type of coverage:

Full coverage includes $500 comprehensive and collision deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 states and Cooper models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on the price of auto insurance. Rural locations are statistically proven to have a lower frequency of physical damage claims than cities with more traffic congestion. The graphic below illustrates how location impacts auto insurance prices.

These rate differences illustrate why all drivers should compare rates quotes using their specific location and risk profile, rather than relying on averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $686
• Raising to $1,000 deductibles will save $152 each year
• The average rate for a 40-year-old good driver who chooses $500 deductibles is $1,188
• Selecting low deductibles will cost an extra $290 a year
• Higher-risk drivers with serious driving violations could pay around $2,568
• An auto insurance policy for full coverage for a teen driver can cost $4,482

View Chart as Image

Car insurance prices for a Mini Cooper also have a wide range based on your driving characteristics, the model year and trim level, and physical damage deductibles and liability limits.

More mature drivers with no driving violations and high deductibles could pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will be charged in the ballpark of $4,400 a year. View Rates by Age

Where you choose to live also has a big influence on Mini Cooper insurance rates. A middle-age driver might find prices as low as $770 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,600 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $450 each year, whereas increasing liability limits will push prices upward. Switching from a 50/100 limit to a 250/500 limit will cost up to $270 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying anywhere from $1,400 to $2,000 extra annually, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 45% to 131% more than the average policy. View High Risk Driver Rates

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 More Affordable Mini Cooper Insurance

Finding better rates on Mini Cooper insurance consists of having a decent driving record, having above-average credit, paying for small claims out-of-pocket, and attention to physical damage deductibles. Spend time shopping around every couple of years by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following items are a summary of the material that was touched on above.

• Drivers who purchase additional liability coverage will pay approximately $430 annually to raise from 30/60 bodily injury limits to 250/500 limits
• 16 to 18-year-old drivers pay the highest auto insurance prices, with premiums being up to $374 per month if full coverage is included
• High-risk drivers who have multiple accidents or major violations may pay on average $1,380 more per year than a driver with a clean driving record
• Increasing policy deductibles can save around $450 each year

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.