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.

U.S. average insurance rates for a Mini Cooper are $1,220 a year with full coverage. Comprehensive insurance costs an estimated $250 a year, collision insurance costs $450, and liability is estimated at $384. Liability-only insurance costs approximately $432 a year, and high-risk driver insurance costs $2,640 or more. Teens pay the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Price estimates broken down by individual coverage:

Price estimates include $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all U.S. states and Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can make a big difference on car insurance rates. More rural locations have a lower frequency of collision claims than cities with more traffic congestion. The diagram below illustrates how location impacts insurance prices.

The ranges above demonstrate why it is important to get quotes for a targeted area and risk profile, instead of making a decision based on averaged prices.

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

Rate Comparisons

The chart below details average Mini Cooper insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $701
• Choosing higher $1,000 deductibles can save approximately $1,060 annually
• The average rate for the average middle-age driver who has $500 deductibles is $1,220
• Selecting low $100 deductibles for comp and collision coverage will cost an extra $308 annually
• Higher-risk drivers with serious driving violations could pay up to $2,640
• The price for full coverage for a 16-year-old driver can cost as much as $4,582 each year

View Chart as Image

Car insurance prices for a Mini Cooper are also quite variable based on your driving record, the trim level and model year, and liability limits and deductibles.

Older drivers with no driving violations and high deductibles may pay as low as $1,100 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will be charged at least $4,500 a year. View Rates by Age

The state you live in 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 have to pay at least $1,640 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $470 annually, while buying higher liability limits will increase premiums. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out $1,500 to $2,000 extra each year, depending on your age. A high-risk auto insurance policy ranges from 44% to 137% more than the average 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 Cheaper Mini Cooper Insurance

Getting lower rates on insurance for a Mini Cooper takes being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and possibly higher deductibles. Spend time shopping around at every other renewal by obtaining price quotes from direct companies like Progressive and GEICO, and also from local exclusive and independent agents.

The items below are a condensed summary of the concepts that were touched on above.

• Drivers considered higher risk with multiple at-fault accidents may pay on average $1,420 more annually to insure their Cooper
• Teen drivers have the highest car insurance prices, costing up to $382 a month if full coverage is included
• You may be able to save approximately $150 per year just by quoting early and online
• Increasing physical damage deductibles can save around $475 each year
• You may be able to save approximately $150 per year just by quoting early and online

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.