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 prices for a Mini Cooper are $1,220 every 12 months for full coverage. Comprehensive insurance costs on average $250, collision costs $450, and liability is estimated at $384. Liability-only insurance costs approximately $432 a year, with high-risk driver insurance costing $2,640 or more. Teen drivers pay the highest rates at $4,582 a year or more.

Average premium for full coverage: $1,220

Price estimates by individual coverage:

Rate estimates include $500 policy deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all states and for different Cooper trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can make a big difference on car insurance rates. Rural areas have more infrequent accident claims than larger metro areas.

The price range example below illustrates the effect of geographic area on car insurance rates.

The ranges above show why anyone shopping for car insurance should get quotes based on a specific location and their own driving history, instead of making a decision based on price averages.

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

Additional Rate Information

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

• The lowest rate with discounts is $701
• Choosing higher $1,000 deductibles can save around $160 a year
• The average price for the average middle-age driver with $500 deductibles is $1,220
• Choosing more expensive low deductibles for comp and collision coverage costs an extra $308 annually
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,640 or more
• The price to insure a 16-year-old driver with full coverage may cost $4,582 each year

View Chart as Image

Car insurance prices for a Mini Cooper are also quite variable based on deductibles and policy limits, your driver profile, and the trim level of your Cooper.

Choosing high deductibles can save as much as $470 annually, while increasing your policy's liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $268 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles may pay as low as $1,100 annually on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers will be charged upwards of $4,500 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying at a minimum $1,500 to $2,000 extra each year, depending on your age. High-risk driver insurance ranges from 44% to 137% more than average. View High Risk Driver Rates

The state you live in 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 as much as $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

Since prices can be so different, the only way to know exactly what you will pay is to compare prices from multiple companies. Each auto insurer uses a different rate calculation, so rate quotes may be quite 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 the Best Mini Cooper Insurance

Getting lower rates on insurance for a Mini Cooper takes being a good driver, maintaining a good credit score, eliminating unnecessary coverage, and maximizing policy discounts. Take the time to compare rates every couple of years by obtaining price quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following list is a brief recap of the material that was covered in the above illustrations.

• Insureds who require an increased level of liability coverage will pay about $420 each year to raise limits from a low limit to a 250/500 level
• Drivers age 16 to 20 are expensive to insure, with premiums as much as $382 a month if the policy includes full coverage
• Drivers considered higher risk who tend to receive serious violations pay an average of $1,420 more each year than a safer driver
• Increasing physical damage deductibles could save as much as $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.