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 for full coverage. Comprehensive costs on average $250 a year, collision insurance costs $450, and liability is estimated at $384. Liability-only insurance costs approximately $432 a year, and high-risk driver insurance costs around $2,640. 16-year-old drivers pay the most at up to $4,582 a year.

Average premium for full coverage: $1,220

Premium estimates by type of coverage:

Rates are based on $500 deductible amounts, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all states and Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on car insurance rates. Rural areas are statistically proven to have more infrequent accident claims than congested cities. The diagram below illustrates how rural and urban location affects car insurance rates.

These rate differences show why it is important to get quotes based on a specific location and their own driving history, instead of using rate averages.

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

More Rate Information

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

• The best full coverage rate is $701
• Choosing higher $1,000 deductibles can save around $1,060 a year
• The average price for a 40-year-old good driver with $500 deductibles is $1,220
• Buying low $100 deductibles for comp and collision coverage increases the price to $1,528
• Unlucky drivers with multiple tickets or accidents could pay upwards of $2,640
• An auto insurance policy to insure a teen driver may cost $4,582 each 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 driver profile, and the trim level of your Cooper.

Opting for high physical damage deductibles can save as much as $470 every year, while buying higher liability limits will cost you more. Going 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

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

If you have a few violations or you were responsible for an accident, you could be paying at a minimum $1,500 to $2,000 additional annually, depending on your age. A high-risk auto insurance policy ranges as much as 44% to 137% more than the average rate. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for Mini Cooper insurance prices. A good driver about age 40 could pay as low as $800 a year in states like Idaho, Maine, and Iowa, or at least $1,740 on average in Michigan, Louisiana, and New York.

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 the Best Cheap Mini Cooper Insurance

Finding better rates on car insurance takes having a good driving record, having above-average credit, not filing small claims, and dropping full coverage on older vehicles. Set aside time to shop around at least every other year by getting rate quotes from direct carriers, and also from local independent and exclusive agents.

The next list is a quick review of the car insurance concepts raised in the charts and tables above.

• Higher risk drivers with a DUI or reckless driving violation pay an average of $1,420 more each year to buy Mini Cooper insurance
• Drivers can save as much as $150 per year just by quoting early and online
• Increasing policy deductibles could save as much as $475 each year
• Policyholders who require increased levels of liability coverage will pay around $420 each year to raise limits from 30/60 bodily injury limits to a 250/500 level

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.