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 prices for a Mini Cooper are $912 every 12 months including full coverage. Comprehensive costs approximately $160 each year, collision costs $214, and liability insurance costs around $402. A liability-only policy costs as low as $446 a year, with high-risk insurance costing around $1,958. Teen drivers receive the highest rates at $3,614 a year or more.

Average premium for full coverage: $912

Rate estimates by individual coverage type:

Full coverage includes $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all 50 U.S. states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on car insurance prices. Rural locations tend to have more infrequent comprehensive and collision claims than larger metro areas.

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

These examples highlight why all drivers should compare prices using their specific location and their own driving history, rather than relying on price averages.

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

More Rate Information

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

• The lowest rate with discounts is $550
• Using higher $1,000 deductibles will save $86 every year
• The average price for a 40-year-old driver who chooses $500 deductibles is $912
• Choosing low deductibles for physical damage coverage increases the price to $1,072
• Drivers with multiple violations and an at-fault accident could pay around $1,958 or more
• The cost to insure a teen driver can cost $3,614 or more

View Chart as Image

Insurance rates for a Mini Cooper can also vary considerably based on policy deductibles and limits, your driving characteristics, and the model of your Cooper.

Choosing high deductibles could cut rates by as much as $250 each year, whereas increasing liability limits will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will cost as much as $281 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles could pay as little as $900 a year for full coverage. Rates are highest for teen drivers, since even excellent drivers can expect to pay in the ballpark of $3,600 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are likely paying anywhere from $1,100 to $1,500 extra per year, depending on your age. Insurance for high-risk drivers can be anywhere from 42% to 134% more than average. View High Risk Driver Rates

Where you live has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see rates as low as $700 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,300 on average in Louisiana, New York, and Michigan.

View Chart as Image

With so much variability in rates, the best way to figure out who has the best auto insurance rates is to do a rate comparison from as many companies as possible. Each insurance company uses a different rate calculation, so the rates can be significantly different.

Insurance Rates by Trim Level and Model Year

Rates assume 2009 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 More Affordable Mini Cooper Insurance

Saving money on Mini Cooper insurance requires being a low-risk driver, having good credit, not filing small claims, and maximizing policy discounts. Take the time to compare rates every other policy renewal by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local car insurance providers.

The items below are a summary of the ideas that were covered in the above illustrations.

• Teen drivers are expensive to insure, as much as $301 per month if they have full coverage
• High-risk drivers who have multiple accidents or major violations could be charged and average of $1,050 more per year to insure their Cooper
• Increasing deductibles could save as much as $250 each year
• You may be able to save around $100 per year simply by quoting online in advance

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.