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 prices for a Mini Cooper are $1,220 every 12 months including full coverage. Comprehensive costs approximately $250 each year, collision insurance costs $450, and liability insurance costs $384. Liability-only insurance costs as little as $432 a year, and high-risk driver insurance costs around $2,640. Teenage drivers pay the most at up to $4,582 a year.

Average premium for full coverage: $1,220

Premium estimates by type of coverage:

Estimates include $500 deductible amounts, 30/60 liability coverage, and includes uninsured motorist and medical 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

Your location has a significant impact on car insurance prices. Rural locations are statistically proven to have more infrequent comprehensive and collision claims than densely populated cities. The graphic below illustrates how geographic area affects auto insurance prices.

These rate differences highlight why all drivers should compare rates using their specific location and their own driving history, rather than relying on average rates.

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

Additional Rate Information

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

• The best discount rate is $701
• Drivers who choose higher $1,000 deductibles will pay $160 every year
• The average price for a 40-year-old good driver who chooses $500 deductibles is $1,220
• Using low deductibles for comprehensive and collision insurance increases the price to $1,528
• High risk drivers who are prone to accidents and violations could pay around $2,640
• An auto insurance policy to insure a teen driver can cost $4,582 a year

View Chart as Image

Insurance prices for a Mini Cooper also have a wide range based on physical damage deductibles and liability limits, your driving characteristics, and the model of your Cooper.

Using high physical damage deductibles could save up to $470 each year, whereas increasing liability limits will push prices upward. Changing from a 50/100 liability limit to a 250/500 limit will cost up to $268 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers should be prepared to pay in the ballpark of $4,500 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying anywhere from $1,500 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers can cost anywhere from 44% to 137% more than a normal policy. View High Risk Driver Rates

Where you choose to live makes a big difference in Mini Cooper insurance rates. A 40-year-old driver could pay as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

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 Shop for Low Cost Mini Cooper Insurance

Finding better rates on Mini Cooper insurance not only requires having a good driving record, but also having above-average credit, refrain from filing small claims, and consideration of higher deductibles. Invest the time to compare rates every year by obtaining price quotes from direct car insurance companies, and also from your local car insurance providers.

The next list is a review of the coverage data presented in the illustrations above.

• You may be able to save around $150 per year just by quoting online in advance
• Increasing policy deductibles could save as much as $475 each year
• Drivers age 20 and younger are the costliest to insure, with the cost nearing $382 per month if full coverage is included
• High-risk drivers who have several accidents or serious violations could be charged and average of $1,420 more per 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.