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.

U.S. average insurance rates for a Mini Cooper are $1,220 a year including full coverage. Comprehensive costs on average $250 each year, collision insurance costs $450, and liability insurance is $384. A policy with just liability insurance costs around $432 a year, and coverage for high-risk drivers costs around $2,640. Teenage drivers pay the highest rates at up to $4,582 a year.

Average premium for full coverage: $1,220

Price estimates by individual coverage:

Estimates include $500 deductible amounts, minimum liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 U.S. states and Cooper models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a significant impact on car insurance rates. Rural areas have a lower frequency of comprehensive and collision claims than densely populated cities. The graphic below illustrates the effect of geographic area on car insurance rates.

The ranges above highlight why all drivers should compare rates quotes based on a specific location and risk profile, rather than relying on average rates.

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

Additional Rate Information

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

• The best discount rate is $701
• Raising to $1,000 deductibles will save around $160 every year
• The average rate for the average middle-age driver with $500 deductibles is $1,220
• Using low deductibles will increase the cost to $1,528
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,640
• The price for full coverage for a teen driver may cost $4,582

View Chart as Image

Insurance prices for a Mini Cooper are also quite variable based on your driving record, the model of your Cooper, and policy deductibles and limits.

More mature drivers with a clean driving record and high deductibles could pay as little as $1,100 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay upwards of $4,500 a year. View Rates by Age

The state you live in also has a big influence on Mini Cooper insurance rates. A middle-age driver might find prices as low as $930 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,740 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $470 each year, whereas increasing liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $268 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying at a minimum $1,500 to $2,000 extra each year, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 44% to 137% more than a normal policy. View High Risk Driver Rates

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

Getting lower rates on Mini Cooper insurance consists of having a good driving record, maintaining good credit, being claim-free, and determing if full coverage is necessary. Take the time to compare rates every couple of years by getting rate quotes from direct car insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.

The next list is a review of the material that was covered in the above illustrations.

• Drivers who require increased levels of liability coverage will pay an extra $420 per year to raise from a low limit to 250/500 limits
• Drivers age 20 and younger pay the highest prices, possibly costing $382 a month for full coverage
• High-risk drivers who have several accidents or serious violations may pay on average $1,420 more each year to buy Mini Cooper insurance
• Increasing physical damage deductibles can save around $475 each year

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.