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 for full coverage. Comprehensive costs around $250 a year, collision costs $450, and liability coverage costs around $384. A liability-only policy costs as low as $432 a year, with high-risk insurance costing around $2,640. Teenage 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:

Price estimates include $500 policy deductibles, 30/60 liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on auto insurance rates. Areas with sparse population tend to have fewer accident claims than densely populated cities.

The diagram below illustrates the effect of geographic area on auto insurance rates.

These examples show why it is important to compare prices for a specific zip code and their own personal driving habits, rather than using average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $701
• Using higher $1,000 deductibles will save about $1,060 a year
• The estimated rate for a 40-year-old driver using $500 deductibles is $1,220
• Using low $100 deductibles for physical damage coverage will cost $1,528
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,640 or more
• The cost with full coverage for a teenage driver can be $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 driver profile, and deductibles and policy limits.

Older drivers with a clean driving record and high physical damage deductibles may only pay around $1,100 a year for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they can expect to pay as much as $4,500 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying at least $1,500 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy can be around 44% to 137% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $470 a year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $268 more per year. View Rates by Deductible or Liability Limit

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 Idaho, Maine, and Iowa, or be forced to pay as much as $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

With so much variability in rates, the only way to know your exact price is to get quotes and see how they stack up. Each insurance company uses a different method to calculate rates, so the 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 Cheaper Mini Cooper Insurance

Saving money on auto insurance requires being a good driver, having a good credit history, eliminating unneeded coverage, and insuring your home and auto with the same company. Take the time to compare rates at every policy renewal by getting rate quotes from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

The following list is a condensed summary of the data covered in the above illustrations.

• Consumers who may need an increased level of liability coverage will pay an extra $420 each year to increase from a minimum limit to higher 250/500 limits
• Drivers can save up to $150 per year simply by quoting early and online
• Increasing deductibles could save up to $475 each year
• Drivers age 16 to 20 pay higher rates, costing as high as $382 per month including comprehensive and collision 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.