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 rates for a Mini Cooper are $1,220 a year with full coverage. Comprehensive costs approximately $250, collision insurance costs $450, and liability costs around $384. A liability-only policy costs as low as $432 a year, and high-risk insurance costs around $2,640. Teenage drivers receive the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Prices are based on $500 policy deductibles, 30/60 split liability limits, and includes medical and UM/UIM coverage. Rates are averaged for all U.S. states and for different Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on the price of insurance. Rural locations tend to have a lower frequency of collision claims than densely populated cities. The price range example below illustrates how location impacts auto insurance prices.

These examples demonstrate why anyone shopping for car insurance should compare prices using their specific location and risk profile, instead of using average rates.

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

More Rate Details

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

• The best discount rate is $701
• Using higher $1,000 deductibles will save $160 annually
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,220
• Using more expensive low deductibles for physical damage coverage will increase the cost to $1,528
• Drivers who are prone to accidents and violations could pay around $2,640
• The cost for full coverage for a teen driver with full coverage can cost $4,582 or more

View Chart as Image

Insurance rates for a Mini Cooper can also vary considerably based on your driver profile, the trim level and model year, and physical damage deductibles and liability limits.

An older driver with a clean driving record and high deductibles may pay as little as $1,100 a year for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay in the ballpark of $4,500 a year. View Rates by Age

Where you live has a huge impact on Mini Cooper insurance prices. A driver around age 40 might see rates as low as $880 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,640 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $470 every year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $268 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out anywhere from $1,500 to $2,000 extra per year, depending on your age. High-risk driver insurance can be as much as 44% to 137% more than a normal policy. View High Risk Driver Rates

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 Affordable Mini Cooper Insurance

Saving money on car insurance requires avoiding accidents and claims, maintaining good credit, eliminating unnecessary coverage, and possibly raising deductibles. Spend time shopping around at least every other year by obtaining price quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.

The points below are a brief review of the car insurance concepts touched on above.

• Higher risk drivers with DUI or reckless driving convictions pay on average $1,420 more per year to insure a Mini Cooper
• You may be able to save around $150 per year just by shopping early and online
• Increasing deductibles can save around $475 each year
• Policyholders who purchase increased liability limits will pay an extra $420 every year to increase from a minimum limit to 250/500 limits

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.