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

Average premium for full coverage: $1,220

Rate estimates by individual coverage type:

Includes $500 policy deductibles, liability limits of 30/60, and includes uninsured motorist and medical coverage. Rates are averaged for all states and Cooper models.

Price Range by Coverage and Risk

Price Range by Location

Your location can make a big difference on car insurance rates. Rural areas tend to have lower incidents of accident claims than cities with more traffic congestion.

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

These examples show why all drivers should compare rates based on a specific location, instead of making a decision based on averaged prices.

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

Additional Rate Information

The chart below shows estimated Mini Cooper insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $701
• Drivers who choose higher $1,000 deductibles will pay around $160 a year
• The estimated price for a 40-year-old driver with $500 deductibles is $1,220
• Selecting low deductibles for comprehensive and collision insurance bumps up the cost to $1,528
• Drivers with serious driving violations could pay upwards of $2,640 or more
• The cost that insures a 16-year-old driver may cost $4,582 a year

View Chart as Image

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

If you like to drive fast or you caused an accident, you could be paying at a minimum $1,500 to $2,000 in extra premium per year, depending on your age. Insurance for high-risk drivers can cost from 44% to 137% more than the average policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,100 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will have to pay upwards of $4,500 a year. View Rates by Age

Where you live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $800 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $470 annually, whereas increasing liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $268 extra every year. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to know exactly what you will pay is to do a rate comparison from multiple companies. Every company calculates rates differently, and quoted rates can be significantly different.

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

Saving money on insurance for a Mini Cooper not only requires being a good driver, but also maintaining a good credit score, eliminating unneeded coverage, and taking advantage of discounts. Compare rates once a year by requesting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

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

• Drivers can save as much as $150 per year simply by quoting online in advance
• Insureds who require an increased level of liability coverage will pay approximately $420 each year to go from a minimum limit to the 250/500 level
• Drivers age 16 to 20 are charged the highest rates, costing as high as $382 per month if the policy includes full coverage
• Drivers considered higher risk that have major violations or accidents may pay on average $1,420 more each year than a safer driver

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.