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 auto insurance rates for a Mini Cooper are $1,188 annually for full coverage. Comprehensive costs approximately $240 each year, collision insurance costs $424, and liability coverage is estimated at $388. Liability-only insurance costs approximately $434 a year, and high-risk driver insurance costs around $2,568. Teens pay the most at up to $4,482 a year.

Average premium for full coverage: $1,188

Premium estimates by type of coverage:

Price estimates include $500 physical damage insurance deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all states and Cooper models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on car insurance rates. Rural locations are statistically proven to have fewer accident claims than cities with more traffic congestion. The graphic below illustrates the difference between rural and urban areas on auto insurance prices.

These rate differences show why all drivers should get quotes using their specific location and their own personal driving habits, rather than using averaged prices.

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

Rate Comparisons

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

• The cheapest rate after discounts is $686
• Choosing higher $1,000 deductibles can save $152 a year
• The estimated rate for a 40-year-old good driver who chooses $500 deductibles is $1,188
• Selecting low deductibles for comp and collision coverage will cost $1,478
• Drivers with serious driving violations could pay around $2,568
• An auto insurance policy with full coverage for a teenage driver can cost $4,482 each year

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on the model of your Cooper, your driver profile, and physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high physical damage deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, 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 have a few violations or you caused a few accidents, you could be paying anywhere from $1,400 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers ranges around 45% to 131% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can save as much as $450 a year, whereas increasing liability limits will push prices upward. Going from a 50/100 bodily injury limit to a 250/500 limit will cost up to $270 more each year. View Rates by Deductible or Liability Limit

Where you choose to live plays a big part in determining prices for Mini Cooper insurance rates. A good driver about age 40 could pay as low as $780 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,690 on average in New York, Louisiana, and Michigan.

View Chart as Image

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 Cheaper Mini Cooper Insurance

Finding better rates on auto insurance takes being a low-risk driver, having good credit, not filing small claims, and consideration of higher deductibles. Set aside time to compare rates every couple of years by obtaining price quotes from direct carriers, and also from several local insurance agents.

The items below are a condensed summary of the material that was covered above.

• Consumers who purchase more liability coverage will pay approximately $430 each year to raise limits from 30/60 bodily injury limits to higher 250/500 limits
• Teen drivers are the costliest to insure, as much as $374 per month if they have full coverage
• Drivers with multiple at-fault accidents pay on average $1,380 more per year to insure their Cooper
• Increasing policy deductibles could save up to $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.