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 insurance. Comprehensive costs an estimated $250 a year, collision costs $450, and liability is estimated at $384. Liability-only coverage costs approximately $432 a year, with high-risk coverage costing around $2,640. Teenage drivers receive the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Rate estimates broken down by individual coverage type:

Prices include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes medical and UM/UIM coverage. Rates are averaged for all 50 states and Cooper trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on the price of insurance. More rural locations tend to have lower incidents of physical damage claims than densely populated cities.

The diagram below illustrates how location helps determine insurance prices.

These examples illustrate why it is important to get quotes for a targeted area, instead of making a decision based on average rates.

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

More Rate Details

The chart below illustrates estimated Mini Cooper insurance rates for other coverage scenarios.

• The best discount rate is $701
• Choosing higher $1,000 deductibles can save approximately $1,060 each year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,220
• Using low $100 deductibles for comp and collision coverage bumps up the cost to $1,528
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,640 or more
• The cost that insures a 16-year-old driver can cost as much as $4,582 each year

View Chart as Image

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

If you like to drive fast or you caused an accident, you are probably paying $1,500 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy ranges from 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 pay as low as $1,100 annually on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will be charged at least $4,500 a year. View Rates by Age

Where you 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 North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,640 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $470 annually, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to figure out which company is cheapest is to get quotes from multiple companies. Each auto insurer uses a different method to calculate rates, 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 Find the Right Mini Cooper Insurance

Saving money on insurance for a Mini Cooper takes having a decent driving record, having a positive credit history, avoid buying unnecessary coverage, and not having any coverage lapses. Compare prices at every policy renewal by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following items are a quick rundown of the data covered in the charts and tables above.

• Insureds who want additional liability coverage will pay an extra $420 annually to raise limits from a minimum limit to the 250/500 level
• It is possible to save approximately $150 per year simply by quoting early and online
• Increasing deductibles can save approximately $475 each year
• 16 to 18-year-old drivers have the highest car insurance rates, costing up to $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.