Lower Your 2016 MINI Cooper Insurance Quotes

Looking for cheaper car insurance rates for your MINI Cooper? No sane person likes buying car insurance, in particular when the cost is too high.

Big companies like GEICO and Progressive all promote huge savings with fancy advertisements and it is difficult to not get sucked in by the cute commercials and do the work needed to find the best deal.

Insurance coverage discounts help lower rates

Car insurance companies don’t always list the entire discount list in a way that’s easy to find, so we took the time to find both well-publicized and also the lesser-known credits that you can use to lower your rates.

  • No Claims – Drivers with accident-free driving histories can earn big discounts when compared to insureds who have frequent claims or accidents.
  • First Accident Forgiveness – Not necessarily a discount, but some companies like Progressive, Allstate, and GEICO allow you one accident before they charge you more for coverage as long as you don’t have any claims for a particular time prior to the accident.
  • Drive Less and Save – Driving fewer miles could earn discounted insurance coveragerates on garaged vehicles.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class as it will make them better drivers and lower rates.
  • Payment Discounts – By making one initial payment rather than paying in monthly installments you can actually save on your bill.
  • College Student – Older children living away from home attending college and leave their car at home can be insured at a reduced rate.
  • Discount for New Cars – Buying a new car model is cheaper because new vehicles are generally safer.
  • Good Grades Discount – Maintaining excellent grades can get you a discount of up to 25%. Most companies allow this discount up to age 25.
  • Save over 55 – Drivers that qualify as senior citizens may be able to get a small discount on rates for Cooper coverage.
  • Good Drivers – Insureds who avoid accidents may save up to 50% more for Cooper coverage compared to rates paid by drivers with frequent claims.

A little disclaimer on discounts, most discounts do not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like comp or med pay. So even though you would think you can get free auto insurance, it doesn’t quite work that way. But all discounts will cut your policy premiums.

A list of insurance coverage companies and their offered discounts are detailed below.

  • GEICO may have discounts that include membership and employees, multi-vehicle, emergency military deployment, good student, air bags, federal employee, and anti-lock brakes.
  • MetLife has discounts for good driver, good student, multi-policy, defensive driver, accident-free, claim-free
  • State Farm includes discounts for driver’s education, safe vehicle, anti-theft, accident-free, and good driver.
  • Progressive offers premium reductions for continuous coverage, online quote discount, homeowner, multi-policy, online signing, and good student.
  • Mercury Insurance offers discounts including annual mileage, multi-policy, professional/association, type of vehicle, and location of vehicle.
  • 21st Century has savings for good student, teen driver, automatic seat belts, 55 and older, driver training, and defensive driver.
  • Allstate policyholders can earn discounts including economy car, anti-lock brakes, new car, utility vehicle, FullPay discount, good payer, and early signing.

Double check with every company how you can save money. Some of the earlier mentioned discounts may not apply to policyholders in every state.

How to lower your auto insurance cost

When looking for low cost insurance quotes, there are a couple ways to compare quotes from different insurance companies. The best way to lower the rate you pay for 2016 MINI Cooper insurance consists of obtaining rate quotes online. This is quite simple and can be completed using a couple different methods.

The single most time-saving way to find the lowest comparison rates would be an industry-wide quote request form click to view form in new window. This form keeps you from doing repetitive form submissions for each company. Just one form will get you price quotes from many national carriers.

A more time consuming way to find lower rates consists of visiting each company website and repeat the quote process. For instance, we’ll assume you want to get rates from Nationwide, Progressive and Farmers. You would need to visit each site to enter the same coverage data repeatedly, and that’s why the first method is more popular.

For a list of links to insurance companies in your area, click here.

The most time-consuming method to find lower rates is calling or driving to insurance agents’ offices. The fact that you can get quotes online eliminates this option unless you’re the type of person who wants the guidance that only a licensed agent can provide. It is possible to price shop your coverage online and get advice from an agent in your area.

However you get your quotes, ensure you’re using the exact same coverages and limits for each comparison quote. If you use differing limits you will not be able to get a fair rate comparison. Slightly different insurance coverages may result in a large different in cost. And when quoting auto insurance, remember that comparing a large number of companies helps locate a better price. Some regional insurers cannot provide rate quotes online, so it’s recommended that you also compare price quotes from them, too.

Informed drivers can cut insurance costs

A large part of saving on insurance is knowing some of the factors that are used to determine insurance rates. When you know what positively or negatively determines base rates, this enables informed choices that can help you get big savings. Lots of things are part of the calculation when premium rates are determined. Some are pretty understandable such as traffic violations, although others are less apparent such as whether you are married or your vehicle rating.

  • What are good liability coverage limits? – Your policy’s liability coverage provides coverage if a court rules you are at fault for damages caused by your negligence. It will provide you with a defense in court to attempt to prove you were not liable. It is affordable coverage compared to other policy coverages, so drivers should carry high limits.
  • Insurance prices and driver gender – Over the last 50 years, statistics have shown females are less aggressive when driving. The data does not necessarily mean that men are worse drivers. Both sexes get in fender benders in similar numbers, but men tend to have more serious accidents. Not only that, but men also get cited for more serious violations like DUI and reckless driving.
  • Cheaper rates after marriage – Being married helps lower the price on your insurance bill. It means you’re more mature than a single person and insurance companies reward insureds because being married results in fewer claims.
  • Premiums are high for teenagers – Older drivers are shown to be more cautious, file fewer claims , and are generally more financially stable.Beginning drivers are statistically shown to be inattentive in a vehicle and because of this, their insurance rates are much higher.
  • The more you drive the more you pay – The more miles you rack up on your MINI annually the more you will pay for insurance. Almost all companies rate vehicles based upon how much you drive. Vehicles used primarily for pleasure use cost less to insure as compared to vehicles used primarily for driving to work. An improperly rated Cooper may be wasting your money. Make sure your declarations sheet correctly shows the right rating data.
  • Physical damage deductibles are a factor – Protection for physical damage, aka comp and collision, covers damage that occurs to your MINI. Some instances where coverage would apply could be collision with another vehicle, vandalism, or theft. Comp and collision deductibles define how much you are willing to pay if you file a covered claim. The more of the claim you are required to pay out-of-pocket, the lower your rates will be for Cooper coverage.

Which is the best auto insurance?

When it comes to buying adequate coverage, there is no perfect coverage plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that could help you determine whether or not you could use an agent’s help.

  • I have health insurance so do I need medical payments coverage?
  • Am I covered if hit by an uninsured driver?
  • Do I need medical payments coverage since I have good health insurance?
  • What happens if I owe more than my 2016 MINI Cooper is worth?
  • Who is covered when they drive my 2016 MINI Cooper?
  • What should my uninsured motorist coverage limits be in my state?
  • What is the rate difference between pleasure use and commuting?
  • How can I find cheaper teen driver insurance?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Auto insurance coverages

Having a good grasp of a auto insurance policy helps when choosing the right coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types offered by auto insurance companies.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like X-ray expenses, chiropractic care, nursing services and dental work. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and also covers getting struck while a pedestrian. PIP is not an option in every state and may carry a deductible

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as damage from flooding, vandalism, a tree branch falling on your vehicle, a broken windshield and theft. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Liability auto insurance

Liability insurance can cover injuries or damage you cause to other people or property. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as attorney fees, funeral expenses, bail bonds and pain and suffering. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

Collision protection

This coverage pays for damage to your Cooper caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims such as colliding with a tree, sideswiping another vehicle, crashing into a building, rolling your car and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.

Save your hard earned cash

While you’re price shopping online, you should never buy less coverage just to save a little money. In too many instances, drivers have reduced physical damage coverage only to regret that saving that couple of dollars actually costed them tens of thousands. Your focus should be to get the best coverage possible at the best cost and still be able to protect your assets.

The cheapest 2016 MINI Cooper insurance is definitely available online as well as from insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance coverage companies do not provide online quoting and many times these small, regional companies prefer to sell through independent agencies.

Additional detailed information can be found by following these links: