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 including full coverage. Comprehensive costs around $240 each year, collision costs $424, and liability insurance costs around $388. Liability-only coverage costs as low as $434 a year, with high-risk coverage costing around $2,568. 16-year-old drivers pay the most at $4,482 a year or more.

Average premium for full coverage: $1,188

Premium estimates for type of coverage:

These estimates include $500 deductible amounts, liability limits of 30/60, and includes medical and UM/UIM coverage. Rates include averaging for all 50 U.S. states and Cooper models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a significant impact on the price of insurance. Areas with sparse population are statistically proven to have lower incidents of comprehensive and collision claims than congested cities.

The graphic below illustrates how rural and urban location affects auto insurance rates.

These rate differences highlight why all drivers should compare prices for a specific zip code, rather than relying on rate averages.

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

More Rate Details

The chart below breaks down estimated Mini Cooper insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $686
• Using higher $1,000 deductibles will save about $152 every year
• The estimated price for a 40-year-old good driver using $500 deductibles is $1,188
• Buying low deductibles for physical damage coverage bumps up the cost to $1,478
• Drivers with multiple tickets or accidents could pay at least $2,568 or more
• An auto insurance policy that insures a teen driver can be $4,482 or more

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on the trim level and model year, your driving record and age, and deductibles and policy limits.

If you have a few violations or you caused an accident, you are likely paying at least $1,400 to $2,000 extra annually, depending on your age. Insurance for high-risk drivers can be anywhere from 45% to 131% more than the average rate. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,100 a year, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records can expect to pay as much as $4,400 a year. View Rates by Age

Where you choose to live has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see prices as low as $910 a year in states like Missouri, New Hampshire, and Vermont, or at least $1,690 on average in Michigan, New York, and Louisiana.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $450 each year, whereas increasing liability limits will increase prices. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $270 more per year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to figure out your exact price is to do a rate comparison from as many companies as possible. Each insurance company utilizes a different rate formula, so the prices will be substantially different.

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

Finding better rates on Mini Cooper insurance requires having a good driving record, having above-average credit, refrain from filing small claims, and insuring your home and auto with the same company. Comparison shop once a year by quoting rates from direct car insurance companies, and also from local insurance agencies.

The next list is a brief summary of the data that was raised in the charts and tables above.

• You may be able to save up to $140 per year simply by quoting online in advance
• Drivers who may need increased levels of liability coverage will pay around $430 per year to increase from 30/60 bodily injury limits to the 250/500 level
• Drivers age 20 and younger pay higher prices, with the cost nearing $374 per month if full coverage is included
• High-risk drivers that tend to have accidents or serious violations may have to pay on average $1,380 more every year to buy Mini Cooper insurance

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.