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 rates for a Mini Cooper are $1,188 a year for full coverage. Comprehensive insurance costs an estimated $240 a year, collision costs $424, and liability costs $388. Buying just liability costs as little as $434 a year, with insurance for high-risk drivers costing $2,568 or more. Teenage drivers receive the highest rates at $4,482 a year or more.

Average premium for full coverage: $1,188

Rate estimates broken down by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes both medical and UM/UIM coverage. Rates are averaged for all states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can make a big difference on insurance rates. More rural locations tend to have a lower frequency of accident claims than densely populated cities.

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

These examples show why it is important to compare rates for a targeted area and risk profile, instead of making a decision based on average rates.

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

Rate Comparisons

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

• The best discount rate is $686
• Drivers who choose higher $1,000 deductibles will pay approximately $1,036 a year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,188
• Using low $100 deductibles for comprehensive and collision insurance will cost an extra $290 annually
• Drivers who are prone to accidents and violations could pay up to $2,568 or more
• The cost for full coverage for a 16-year-old driver can cost as much as $4,482 a year

View Chart as Image

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

Older drivers with a good driving record and high deductibles may pay as low as $1,100 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers will have to pay at least $4,400 a year. View Rates by Age

Where you live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay 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

Using high physical damage deductibles could save up to $450 annually, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost as much as $270 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying $1,400 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy can cost from 45% to 131% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to know which company is cheapest is to get quotes from multiple companies. Every company uses a different method to calculate rates, and quoted rates can be significantly different from one company to the next.

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 Cheap Mini Cooper Insurance

Saving money on insurance for a Mini Cooper not only requires avoiding accidents and violations, but also having good credit, eliminating unneeded coverage, and qualifying for all possible discounts. Take the time to compare rates at least every other year by getting quotes from direct carriers like GEICO and Progressive, and also from local independent and exclusive agents.

The list below is a brief summary of the car insurance concepts covered in the above illustrations.

• Drivers considered higher risk that tend to have accidents or serious violations pay an average of $1,380 more annually for car insurance
• Drivers can save approximately $140 per year simply by quoting early and online
• Increasing deductibles can save around $450 each year
• Insureds who want higher liability limits will pay an extra $430 each year to go from a minimum limit to 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.