Compare 2007 MINI Cooper Car Insurance Quotes

Shoppers have options when shopping for the lowest priced MINI Cooper insurance. They can either waste time driving around to get rate comparisons or leverage the internet to make rate comparisons. There are both good and bad ways to find insurance online and we’ll show you the absolute fastest way to compare rates for a new or used MINI and get the best price possible either online or from local insurance agents.

Consumers should take time to price shop coverage occasionally due to the fact that insurance rates change frequently. Even if you got the lowest rates on Cooper coverage two years ago a different company probably has better rates today. Ignore everything you know about insurance because you’re about to find out the proper way to eliminate unnecessary coverages and save money.

Factors that can influence insurance rates for a MINI Cooper

Smart consumers have a good feel for the rating factors that help determine the rates you pay for insurance. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that can help you get big savings.

The following are a partial list of the pieces used by your company to calculate your rates.

  • Women pay lower rates – The statistics show that men are more aggressive behind the wheel. Now that doesn’t mean men are worse drivers. Women and men tend to get into accidents in similar percentages, but the males tend to have more serious accidents. They also have more aggressive citations such as reckless driving.
  • Better credit means lower rates – A driver’s credit rating is a huge factor in calculating your insurance rates. Consumers who have excellent credit tend to be less risk to insure than those with lower credit scores. So if your credit rating can use some improvement, you could save money insuring your 2007 MINI Cooper by spending a little time repairing your credit.
  • Protect your assets with liability insurance – Liability coverage is the coverage that protects you if ever you are found liable for damages from an accident. Liability insurance provides for a legal defense which can be incredibly expensive. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
  • Bad driving skills means higher rates – Even one ticket can increase rates forty percent or more. Good drivers tend to pay less for car insurance than people who have multiple driving citations. If you have severe violations such as DWI, reckless driving or hit and run convictions may find they need to file a SR-22 with the DMV in their state in order to drive a vehicle legally.
  • Better crash test results mean better rates – Vehicles with high crash test scores tend to have better insurance rates. The safest vehicles have better occupant injury protection and lower injury rates means less money paid by your insurance company and lower rates for you. If your MINI is rated at least four stars on it may be receiving lower rates.
  • More claims means more premium – Car insurance companies award cheaper rates to insureds who file claims infrequently. If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • The more you drive the more you pay – The more miles you rack up on your MINI in a year’s time the higher your rate. Most companies apply a rate determined by how the vehicle is used. Vehicles that are left in the garage get more affordable rates as compared to vehicles used primarily for driving to work. Verify your insurance policy shows how each vehicle is driven. If your policy improperly rates your Cooper can result in significantly higher rates.

Save with discounts on MINI Cooper insurance

Companies offering auto insurance do not list all their discounts very clearly, so here is a list some of the best known and the more hidden ways to save on car insurance. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy could earn a price break for each car.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Resident Student – Any of your kids who are attending college and don’t have a car can be insured at a reduced rate.
  • Save with a New Car – Buying coverage on a new vehicle can cost up to 25% less due to better safety requirements for new cars.
  • Fewer Miles Equal More Savings – Keeping the miles down on your MINI can earn lower rates on the low mileage vehicles.
  • Braking Control Discount – Anti-lock brake equipped vehicles can avoid accidents and qualify for as much as a 10% discount.
  • Drive Safe and Save – Drivers who avoid accidents may receive a discount up to 45% less on Cooper coverage than drivers with accident claims.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use a seat belt can save up to 15% off the personal injury premium cost.

A little note about advertised discounts, some credits don’t apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, you’re out of luck.

For a list of providers offering car insurance discounts, click here to view.

Tailor your coverage to you

When it comes to buying the right insurance coverage for your personal vehicles, there is no cookie cutter policy. Everyone’s situation is unique.

For example, these questions can help discover if your situation may require specific advice.

  • Do I have newly-aquired coverage?
  • Does my insurance cover my expensive audio equipment?
  • Should I waive the damage coverage when renting a car?
  • Does my insurance cover a custom paint job?
  • Am I insured when driving a different vehicle?
  • Do I have coverage if my license is suspended?
  • Do I have coverage when making deliveries for my home business?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, complete this form. It’s fast, free and can provide invaluable advice.

Insurance coverages explained

Learning about specific coverages of a insurance policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Liability – This will cover damage or injury you incur to a person or their property in an accident. It protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims like medical expenses, repair costs for stationary objects and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive auto coverage – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like vandalism, hitting a bird and hitting a deer. The most a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like funeral costs, nursing services and doctor visits. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Collision coverage – Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like hitting a mailbox, colliding with a tree, scraping a guard rail, colliding with another moving vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Shop smart and save

Cost effective 2007 MINI Cooper insurance can be bought online in addition to many insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies do not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

Insureds switch companies for any number of reasons including lack of trust in their agent, an unsatisfactory settlement offer, poor customer service and even denial of a claim. Regardless of your reason, choosing a new insurance company can be easier than you think.

While you’re price shopping online, make sure you don’t skimp on coverage in order to save money. In too many instances, someone dropped uninsured motorist or liability limits and learned later that they should have had better coverage. Your goal should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

More detailed insurance coverage information is located in these articles: