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.

The average insurance prices for a Mini Cooper are $1,220 every 12 months with full coverage. Comprehensive costs approximately $250, collision costs $450, and liability is estimated at $384. Liability-only coverage costs approximately $432 a year, with high-risk coverage costing around $2,640. Teen drivers cost the most to insure at $4,582 a year or more.

Average premium for full coverage: $1,220

Policy rates by type of insurance:

These estimates include $500 policy deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all U.S. states and for different Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of insurance. Rural locations are shown to have more infrequent collision claims than larger metro areas.

The price range example below illustrates how your location can change auto insurance prices.

The examples above demonstrate why anyone shopping for car insurance should get quotes using their specific location and their own driving history, instead of making a decision based on price averages.

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

More Rate Details

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

• The lowest rate with discounts is $701
• Choosing higher $1,000 deductibles can save $160 annually
• The average price for a good driver age 40 who chooses $500 deductibles is $1,220
• Choosing more expensive low deductibles for comp and collision coverage increases the price to $1,528
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,640 or more
• Policy cost to insure a 16-year-old driver with full coverage can cost $4,582 each year

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on liability limits and deductibles, your driving record, and the model of your Cooper.

Choosing high deductibles can save as much as $470 annually, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $268 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay in the ballpark of $4,500 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out anywhere from $1,500 to $2,000 additional every year, depending on your age. High-risk driver insurance ranges from 44% to 137% more than average. View High Risk Driver Rates

Your home state plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $880 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,640 on average in New York, Michigan, and Florida.

View Chart as Image

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to compare rates from multiple companies. Each auto insurer uses a different rate calculation, and rates will be varied.

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 Cheap Mini Cooper Insurance

Finding cheaper rates on insurance for a Mini Cooper takes avoiding accidents and claims, having above-average credit, not filing small claims, and qualifying for all possible discounts. Invest the time to shop around every couple of years by requesting quotes from direct companies, and also from insurance agencies where you live.

The points below are a brief summary of the material that was illustrated above.

• Insureds who purchase increased liability limits will pay about $420 every year to raise limits from a 30/60 limit to a 250/500 level
• Drivers under the age of 20 are the costliest to insure, as much as $382 each month if full coverage is included
• Drivers considered higher risk that tend to have accidents or serious violations could be forced to pay on average $1,420 more per year to insure a Mini Cooper
• Increasing comprehensive and collision deductibles could save as much as $475 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.