2012 MINI Cooper Clubman Insurance Cost

Being forced to pay for high-priced insurance premiums can empty your funds, especially in this economy. Doing a rate comparison is a great way to cut your insurance bill.

Online insurance companies like State Farm, Allstate, GEICO and Progressive all promote huge savings with ads and consumers find it hard to sift through the bull and take the time to shop coverage around.

Consumers need to get comparison quotes at least once a year because prices go up and down regularly. Even if you got the best rates for Cooper Clubman insurance a couple years back the chances are good that you can find a lower premium rate today. There is lot of inaccurate information about insurance online, but in just a couple of minutes you can learn some guaranteed methods to slash your insurance rates.

Free auto insurance price quotes

Getting a cheaper price on 2012 MINI Cooper Clubman insurance can be quick and easy. Just take a few minutes comparing free insurance quotes online from several insurance companies. Comparing prices online can be done by using one of the methods below.

  • The fastest and easiest way to compare a lot of rates at once is a comparison rater form like this one (opens in new window). This easy form keeps you from doing separate quotes for each price estimate. A single form will get you price quotes instantly.
  • Another way to compare rate quotes is going to the website of each company and complete a new quote form. For instance, let’s say you want to compare prices for Auto-Owners, Allstate and GMAC. To get rate quotes you would need to go to each individual site and repeatedly enter your information, which can be really labor intensive.

    To view a list of companies in your area, click here.

The method you choose is up to you, but ensure you’re using the exact same quote information for each comparison quote. If your comparisons have different values for each quote you will not be able to determine which rate is truly the best.

Save with these discounts

Some insurers do not advertise every policy discount in an easy-to-find place, so we researched some of the best known and the harder-to-find credits available to lower your premiums when you buy insurance online.

  • Federal Government Employee – Federal government employees can save as much as 8% for Cooper Clubman insurance but check with your company.
  • Policy Bundle Discount – If you have multiple policies with the same insurance company you will save up to 20% and get you the cheapest insurance.
  • Multi-line Discount – Insurance companies who offer life insurance give a break if you buy some life insurance too.
  • Student Discount for Driver Training – Cut your cost by having your teen driver sucessfully take a drivers education course in school or through a local driver safety program.
  • Paperless Signup – Some of the larger companies will discount your bill up to fifty bucks just for signing your application on the web.
  • Save with a New Car – Buying a new car instead of a used car may earn a small discount because newer vehicles have to meet stringent safety requirements.

While discounts sound great, it’s important to understand that some credits don’t apply to the entire cost. Most cut the price of certain insurance coverages like collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, it doesn’t quite work that way. But any discount will help reduce your insurance coverage premiums.

To see a list of insurers that provide some of the discounts listed above, follow this link.

Eight factors that influence insurance prices

A large part of saving on auto insurance is knowing the rating factors that help determine your premiums. If you have some idea of what determines base rates, this allows you to make good choices that may result in better auto insurance rates. Many things are used in the calculation when you get your auto insurance bill. Some are obvious such as traffic violations, but some are not as apparent such as your marital status or your vehicle rating.

  • Cautious drivers pay better costs – A bad driving record has a lot to do with how much you pay for insurance. Having just one chargable violation may increase your cost forty percent or more. Drivers who don’t get tickets pay less for auto insurance than bad drivers. Drivers unfortunate enough to have dangerous violations such as DUI or reckless driving may need to complete a SR-22 with their state in order to prevent their license from being revoked.
  • Alarm systems save money – Driving a car with an alarm system can earn a premium discount. Anti-theft devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping car theft.
  • Lower rates for safer vehicles – Vehicles that have high safety ratings cost less to insure. Vehicles engineered for safety result in less severe injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims and cheaper rates on your policy. If your MINI Cooper Clubman has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • The more you drive the more you pay – The more miles you rack up on your MINI annually the more you will pay for auto insurance. A lot of insurance companies rate vehicles based on their usage. Cars and trucks that have low annual miles qualify for better rates as compared to vehicles used primarily for driving to work. It’s a smart idea to ensure your declarations sheet is showing the correct usage for each vehicle, because it can save money. Having an incorrect usage rating on your Cooper Clubman may be costing you.
  • Lower premiums with uninterrupted coverage – Driving your car without having proper coverage can get your license suspended and auto insurance companies will penalize you for letting your coverage have a gap. In addition to paying higher premiums, not being able to provide proof of insurance might get you a license revocation or jail time. You may need to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Consolidating policies can get discounts – Lots of companies provide a discount to customers who carry more than one policy such as combining an auto and homeowners policy. This can amount to ten or even up to twenty percent in some cases. Even if you’re getting this discount consumers should still get quotes from other companies to guarantee you are still saving the most.
  • Liability insurance claims can be big – Your auto insurance policy’s liability coverage will provide protection if ever you are determined to be liable for personal injury or accident damage. Liability provides legal defense coverage to attempt to prove you were not liable. Liability insurance is pretty cheap compared to other policy coverages, so buy as much as you can afford.
  • Policy add-ons may not be needed – Insurance companies have many add-on coverages you can purchase if you don’t pay attention. Things like replacement cost coverage, high-cost glass coverage, and additional equipment coverage are examples of these. You may think they are a good idea at first, but your money might be better spent on other coverage so get rid of them and save.

Special considerations

When it comes to choosing the right insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions can help discover if you will benefit from professional help.

  • Do I need special endorsements for business use of my vehicle?
  • Do I pay less for low miles?
  • Why am I required to buy high-risk coverage?
  • Does medical payments coverage apply to all occupants?
  • Should I buy only the required minimum liability coverage?
  • Should I waive the damage coverage when renting a car?
  • Does my 2012 MINI Cooper Clubman qualify for pleasure use?
  • Are split liability limits better than a combined single limit?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Auto insurance coverage information

Learning about specific coverages of your insurance policy aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverage types offered by insurance companies.

Auto collision coverage

This pays to fix your vehicle from damage resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like driving through your garage door, colliding with another moving vehicle, crashing into a ditch and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to bring the cost down.

Comprehensive insurance

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as fire damage, a broken windshield, hitting a deer, theft and damage from getting keyed. The most your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your MINI Cooper Clubman.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Auto liability

This provides protection from damage that occurs to a person or their property that is your fault. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things such as court costs, structural damage, emergency aid, repair costs for stationary objects and legal defense fees. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for prosthetic devices, surgery, dental work, funeral costs and EMT expenses. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Be a money saver!

We covered many ideas to reduce 2012 MINI Cooper Clubman insurance rates online. The most important thing to understand is the more times you quote, the better your comparison will be. Drivers may discover the lowest rates come from a small mutual company. Smaller companies may only write in your state and offer lower car insurance rates than their larger competitors like Allstate, GEICO and Progressive.

There are still a few companies who do not offer the ability to get quotes online and usually these smaller companies only sell coverage through independent agents. The cheapest 2012 MINI Cooper Clubman insurance can be bought from both online companies in addition to many insurance agents, so you should compare both so you have a total pricing picture.

Additional information can be found at the links below