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 prices for a Mini Cooper are $1,220 every 12 months with full coverage. Comprehensive insurance costs around $250 a year, collision costs $450, and liability costs $384. Liability-only coverage costs as little as $432 a year, with high-risk coverage costing $2,640 or more. 16-year-old 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 comprehensive and collision deductibles, liability coverage up to 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all U.S. states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on insurance rates. Areas with sparse population tend to have more infrequent collision claims than congested cities.

The diagram below illustrates the difference between rural and urban areas on auto insurance rates.

These examples demonstrate why it is important to compare rates for a specific zip code and their own driving history, instead of using rate averages.

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

Rate Comparisons

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

• The best full coverage rate is $701
• Drivers who choose higher $1,000 deductibles will pay about $1,060 annually
• The average price for a 40-year-old driver using $500 deductibles is $1,220
• Buying low $100 deductibles for comprehensive and collision insurance costs an extra $308 every year
• Higher-risk drivers with multiple tickets or accidents could pay at least $2,640 or more
• The cost to insure a teen driver can be $4,582 a year

View Chart as Image

Car insurance rates for a Mini Cooper can also vary considerably based on policy deductibles and limits, your driving record, and the trim level and model year.

Opting for high physical damage deductibles could save up to $470 every year, while buying higher liability limits will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as little as $1,100 per year on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will be charged as much as $4,500 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out at least $1,500 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy can cost as much as 44% to 137% more than the average rate. View High Risk Driver Rates

Where you live makes a big difference in Mini Cooper insurance prices. A 40-year-old driver could pay as low as $880 a year in states like New Hampshire, Ohio, and Utah, or at least $1,640 on average in Florida, Michigan, and New York.

View Chart as Image

With so much variability in rates, the best way to find out your exact price is to get quotes and see which company has the best rate. Every company utilizes a different rate formula, so rate quotes 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 Shop for Cheaper Mini Cooper Insurance

Saving money on car insurance not only requires having a decent driving record, but also maintaining a good credit score, eliminating unnecessary coverage, and qualifying for all possible discounts. Set aside time to compare rates every time your policy renews by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following items are a condensed summary of the information covered above.

• You may be able to save up to $150 per year simply by quoting early and online
• 16 to 18-year-old drivers are the costliest to insure, with premiums as much as $382 per month if the policy includes full coverage
• Increasing deductibles could save as much as $475 each year
• Higher risk drivers with multiple at-fault accidents pay on average $1,420 more every year than a driver with a clean driving record
• Policyholders who may need additional liability coverage will pay around $420 every year to go from a minimum limit 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.