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 auto insurance rates for a Mini Cooper are $1,188 annually including full coverage. Comprehensive costs on average $240 each year, collision costs $424, and liability costs around $388. A policy with just liability insurance costs as low as $434 a year, with coverage for high-risk drivers costing around $2,568. Teen drivers receive the highest rates at $4,482 a year or more.

Average premium for full coverage: $1,188

Rate estimates by individual coverage type:

Estimates include $500 deductible amounts, split liability limits of 30/60, and includes medical and UM/UIM 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 can have significant affects on car insurance rates. Rural areas tend to have fewer comprehensive and collision claims than larger metro areas.

The graphic below illustrates how location impacts car insurance rates.

These examples highlight why all drivers should compare prices based on a specific location and their own personal driving habits, instead of using price 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 different risk profiles and scenarios.

• The lowest rate with discounts is $686
• Using higher $1,000 deductibles will save around $152 every year
• The estimated rate for a 40-year-old driver with $500 deductibles is $1,188
• Choosing low deductibles for physical damage coverage will cost $1,478
• Drivers with multiple violations and an at-fault accident could pay upwards of $2,568 or more
• The cost with full coverage for a teen driver may cost $4,482 or more

View Chart as Image

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

More mature drivers with no violations or accidents and high physical damage deductibles may pay as little as $1,100 a year for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they should be prepared to pay upwards of $4,400 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are likely paying at a minimum $1,400 to $2,000 additional per year, depending on your age. Insurance for high-risk drivers can be as much as 45% to 131% more than average. View High Risk Driver Rates

Choosing high deductibles could cut rates by as much as $450 every year, whereas increasing liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $270 more each year. View Rates by Deductible or Liability Limit

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

View Chart as Image

With so much variability in rates, the best way to figure out exactly what you will pay is to do a rate comparison and see which company has the best rate. Each insurance company uses a different rate calculation, and rates can be significantly different between companies.

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 Low Cost Mini Cooper Insurance

Saving money on car insurance requires having a good driving record, having good credit, not filing small claims, and insuring your home and auto with the same company. Spend time shopping around at least once a year by quoting rates from direct car insurance companies like Progressive and GEICO, and also from several local insurance agents.

The next list is a review of the primary concepts that were touched on above.

• You may be able to save as much as $140 per year simply by quoting online in advance
• Higher risk drivers who have several accidents or serious violations pay on average $1,380 more each year to buy Mini Cooper insurance
• Increasing deductibles could save up to $450 each year
• Drivers age 20 and younger pay higher rates, as much as $374 per month if they have full coverage

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.