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 rates for a Mini Cooper are $1,220 a year including full coverage. Comprehensive costs approximately $250 a year, collision insurance costs $450, and liability coverage costs around $384. A policy with only liability insurance costs as low as $432 a year, and a high-risk policy costs around $2,640. Teenage drivers pay the most at up to $4,582 a year.

Average premium for full coverage: $1,220

Premium estimates by type of coverage:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 U.S. states and Cooper trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance prices. Rural locations are statistically proven to have lower incidents of comprehensive and collision claims than densely populated cities. The diagram below illustrates how rural and urban location affects auto insurance prices.

These rate differences highlight why it is important to compare prices using their specific location, rather than using average rates.

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

More Rate Information

The chart below breaks down average Mini Cooper insurance rates for additional coverage and risk scenarios.

• The best discount rate is $701
• Using higher $1,000 deductibles will save $1,060 every year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,220
• Using low $100 deductibles for physical damage coverage bumps up the cost to $1,528
• Higher-risk drivers who are prone to accidents and violations could pay around $2,640
• An auto insurance policy that insures a teenage driver can cost $4,582 or more

View Chart as Image

Car insurance prices for a Mini Cooper also have a wide range based on the trim level of your Cooper, your driving record and age, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are likely paying anywhere from $1,500 to $2,000 extra annually, 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

Older drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $1,100 a year, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will be charged in the ballpark of $4,500 a year. View Rates by Age

Where you choose to live has a huge impact on Mini Cooper insurance rates. A driver around age 40 might see prices as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,740 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $470 a year, while buying higher liability limits will push prices upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $268 extra every 12 months. View Rates by Deductible or Liability Limit

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 Low Cost Mini Cooper Insurance

Finding better rates on auto insurance requires being safe and accident-free, having a positive credit history, refrain from filing small claims, and attention to physical damage deductibles. Compare prices at least once a year by requesting quotes from direct car insurance companies, and also from local auto insurance providers.

Below you'll find a review of the primary concepts that were raised in the charts and tables above.

• You may be able to save around $150 per year just by quoting early and online
• Drivers who have several accidents or serious violations will likely pay on average $1,420 more per year than a low-risk driver
• Increasing policy deductibles can save approximately $475 each year
• Youthful drivers pay the highest auto insurance prices, with the cost nearing $382 per month if full coverage is purchased

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.