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.

The average insurance rates for a Mini Cooper are $1,256 a year including full coverage. Comprehensive costs around $260, collision costs $484, and liability insurance costs around $376. Buying just liability costs as low as $426 a year, with insurance for high-risk drivers costing around $2,724. Teen drivers cost the most to insure at $4,698 a year or more.

Average premium for full coverage: $1,256

Policy rates for type of insurance:

Includes $500 policy deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for different Cooper trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than larger metro areas.

The price range example below illustrates how location helps determine auto insurance rates.

The examples above highlight why anyone shopping for car insurance should compare prices for a specific zip code and risk profile, rather than relying on price averages.

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

Rate Comparisons

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

• The lowest rate with discounts is $717
• Using higher $1,000 deductibles will save about $168 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,256
• Choosing more expensive low deductibles for physical damage coverage will increase the cost to $1,584
• Drivers with multiple violations and an at-fault accident could pay at least $2,724 or more
• Policy cost for full coverage for a teen driver with full coverage can be $4,698 or more

View Chart as Image

Insurance rates for a Mini Cooper also range considerably based on your risk profile, the model of your Cooper, and deductibles and policy limits.

An older driver with a clean driving record and high deductibles could pay as little as $1,200 a year, or $100 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay as much as $4,600 a year. View Rates by Age

Your home state has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see rates as low as $960 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,790 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles could cut rates by as much as $500 each year, while increasing your policy's liability limits will increase rates. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $263 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,500 to $2,100 extra every year, depending on your age. High-risk driver insurance can be anywhere from 45% to 133% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out your exact price is to compare rates from as many companies as possible. Each insurance company uses a different rate calculation, so the rates will be varied 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 Cheapest Mini Cooper Insurance

Finding cheaper rates on Mini Cooper insurance requires being a good driver, maintaining good credit, paying for small claims out-of-pocket, and insuring your home and auto with the same company. Invest time comparing rates every couple of years by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following list is a recap of the material that was covered in the charts and tables above.

• Drivers who may need an increased level of liability coverage will pay about $410 per year to increase from a 30/60 limit to 250/500 limits
• Drivers age 16 to 20 pay higher rates, with premiums being up to $392 each month for full coverage
• High-risk drivers that have major violations or accidents pay on average $1,470 more every year than a safer driver
• Increasing comprehensive and collision deductibles can save around $500 each year

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.