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 for full coverage insurance. Comprehensive insurance costs around $250 each year, collision costs $450, and liability coverage costs around $384. Buying just liability costs as low as $432 a year, with insurance for high-risk drivers costing $2,640 or more. Teen drivers receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates for individual coverage type:

Rate estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on car insurance rates. Areas with sparse population tend to have a lower frequency of physical damage claims than larger metro areas.

The graphic below illustrates how location helps determine auto insurance rates.

These examples illustrate why all drivers should compare prices for a specific zip code and risk profile, rather than using price averages.

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

Additional Rate Details

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

• The lowest rate with discounts is $701
• Using higher $1,000 deductibles will save about $160 each year
• The average rate for a 40-year-old driver using $500 deductibles is $1,220
• Choosing low deductibles for physical damage coverage will cost an extra $308 each year
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,640 or more
• The cost for full coverage for a teenage driver can be $4,582 or more

View Chart as Image

Auto insurance rates for a Mini Cooper can also vary considerably based on your driver profile, the model year and trim level, and deductibles and policy limits.

More mature drivers with a good driving record and high deductibles may only pay around $1,100 a year for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay as much as $4,500 a year. View Rates by Age

Where you live has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see rates as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,640 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles could cut rates by as much as $470 a year, whereas increasing liability limits will increase rates. Switching from a 50/100 limit to a 250/500 limit will cost as much as $268 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying at least $1,500 to $2,000 in extra premium per year, depending on your age. Insurance for high-risk drivers can be around 44% to 137% more than average. View High Risk Driver Rates

With so much variability in rates, the only way to figure out your exact price is to do a rate comparison and see how they stack up. Each insurance company uses a different rate calculation, and quoted rates can be significantly different from one company to the next.

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 the Best Mini Cooper Insurance

Saving money on auto insurance requires avoiding accidents and violations, having good credit, avoid buying unnecessary coverage, and maximizing policy discounts. Invest time comparing rates at least once a year by getting quotes from direct insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

The list below is a brief recap of the primary concepts that were covered in the charts and tables above.

• It is possible to save up to $150 per year simply by quoting online in advance
• Drivers who tend to receive serious violations may pay on average $1,420 more every year for car insurance
• Increasing deductibles can save around $475 each year
• Teenagers are expensive to insure, costing up to $382 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.