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 $1,220 annually including full coverage. Comprehensive costs an estimated $250 each year, collision costs $450, and liability costs around $384. A policy with just liability insurance costs as low as $432 a year, with coverage for high-risk drivers costing around $2,640. 16-year-old drivers receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates broken down by individual coverage type:

Rate estimates include $500 policy deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist 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 the price of auto insurance. More rural locations tend to have fewer comprehensive and collision claims than congested cities.

The graphic below illustrates how location helps determine insurance prices.

These examples highlight why all drivers should compare prices for a targeted area and their own personal driving habits, instead of using rate averages.

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

Additional Charts and Tables

The chart below breaks down estimated Mini Cooper insurance rates for other coverage scenarios.

• The best full coverage rate is $701
• Using higher $1,000 deductibles will save approximately $160 every year
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,220
• Buying low deductibles for physical damage coverage will cost $1,528
• Drivers with multiple tickets or accidents could pay up to $2,640 or more
• The cost with full coverage for a teen driver can cost as much as $4,582 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 liability limits and deductibles.

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 at least $4,500 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are likely paying $1,500 to $2,000 additional per year, depending on your age. Insurance for high-risk drivers can be as much as 44% to 137% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could cut rates by as much as $470 every year, whereas increasing liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $268 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 $930 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

With so much variability in rates, the best way to figure out which company is cheapest is to do a rate comparison and see which company has the best rate. Each insurance company utilizes a different rate formula, 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 the Best Mini Cooper Insurance

Saving money on car insurance requires being a good driver, having good credit, not filing small claims, and maximizing policy discounts. Invest time comparing rates at least every other year by getting quotes from direct car insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

The following list is a brief recap of the car insurance concepts covered in the charts and tables above.

• Higher risk drivers who tend to receive serious violations could be forced to pay on average $1,420 more annually than a safer driver
• You may be able to save approximately $150 per year simply by quoting online in advance
• Increasing deductibles could save up to $475 each year
• Policyholders who want an increased level of liability coverage will pay around $420 per year to increase from a minimum limit to higher 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.