Lower Your 2013 MINI Cooper Roadster Car Insurance Rates

Searching for lower car insurance rates for your MINI Cooper Roadster? Feel like you’re a prisoner to overpriced car insurance? Believe me when I say there are many people just like you.

Multiple insurance companies compete for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the lowest rate

If you have car insurance now, you stand a good chance to be able to save some money using these tips. Finding the best rates is not rocket science. Although car owners must comprehend how the larger insurance companies price online insurance and take advantage of how the system works.

Don’t miss out on these money-saving discounts

Car insurance companies don’t always advertise all their discounts very clearly, so here is a list some of the best known and the harder-to-find discounts you could be receiving.

  • Seat Belt Usage – Requiring all passengers to use a seat belt could save 15% off the personal injury premium cost.
  • Homeowners Savings – Owning a home can help you save on insurance coverage due to the fact that maintaining a home shows financial diligence.
  • New Car Discount – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
  • Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Government Employees – Being employed by or retired from a federal job can earn a discount up to 10% on Cooper Roadster coverage depending on your company.

It’s important to note that some of the credits will not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like liability and collision coverage. Just because you may think having all the discounts means you get insurance for free, insurance coverage companies aren’t that generous.

Companies who might offer these benefits are:

Double check with each company which discounts they offer. Savings might not apply in your area.

Impacting insurance rates for a MINI Cooper Roadster

It’s important that you understand the factors that help determine auto insurance rates. Understanding what influences your rates allows you to make educated decisions that may reward you with big savings.

  • Higher safety ratings means cheaper insurance – Cars with high safety ratings can get you lower premiums. Safer cars result in less severe injuries and lower injury rates translates into savings for insurance companies and thus lower rates. If your MINI Cooper Roadster 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 are probably receiving a discount.
  • Liability coverage is cheap – Liability insurance will protect you if a court rules you are at fault for personal injury or accident damage. Liability provides legal defense coverage starting from day one. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not cut corners here.
  • Too many auto insurance claims drive up costs – Insurance companies award cheaper rates to people who do not rely on their insurance for small claims. If you are a frequent claim filer, you can pretty much guarantee higher rates. Auto insurance is intended to be relied upon for larger claims.
  • Your auto insurance rates can be influenced by your job – Jobs such as real estate brokers, executives and accountants tend to have higher rates than average because of stressful work requirements and long work hours. On the flip side, occupations like actors, athletes and the unemployed receive lower rates on Cooper Roadster coverage.
  • More than one policy can earn a discount – Many insurers will give a discount to people who consolidate policies with them. It’s known as a multi-policy discount. Discounts can be five, ten or even twenty percent. Even though this discount sounds good, it’s in your best interest to compare other company rates to ensure the best deal.
  • Your credit rating is important – Having a bad credit history is a huge factor in calculating your auto insurance rates. If your credit score is not that good, you could be paying less to insure your 2013 MINI Cooper Roadster by improving your credit score. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have lower credit scores.
  • Do you need those extra coverages? – There are many additional coverages that can waste your money on your auto insurance policy. Things like roadside assistance, accident forgiveness and additional equipment coverage are examples of these. They may seem like a good idea when you first buy your policy, but now you might not need them so remove them from your policy.

Do I need special coverages?

When buying adequate coverage, there isn’t really a single plan that fits everyone. Every situation is different so your insurance should reflect that Here are some questions about coverages that can aid in determining if your insurance needs might need an agent’s assistance.

  • When would I need rental car insurance?
  • Am I covered if I break a side mirror?
  • Is extra glass coverage worth it?
  • Is my MINI Cooper Roadster covered if I use it for business?
  • Does my 2013 MINI Cooper Roadster need full coverage?
  • Does insurance cover damages from a DUI accident?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Auto insurance coverages

Understanding the coverages of a car insurance policy can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Shown next are the normal coverages found on most car insurance policies.

Liability

Liability coverage will cover damage or injury you incur to a person or their property. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims like bail bonds, funeral expenses and attorney fees. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as EMT expenses, funeral costs and rehabilitation expenses. They are used to fill the gap from your health insurance program or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as driving through your garage door, hitting a mailbox, crashing into a ditch, backing into a parked car and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.

Comprehensive coverage

This pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like vandalism, hitting a bird, theft, a tree branch falling on your vehicle and hitting a deer. The highest amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your 2013 MINI Cooper Roadster.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Pennies from heaven

As you shop your coverage around, make sure you don’t buy lower coverage limits just to save a few bucks. In too many instances, an insured cut comprehensive coverage or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. Your aim should be to purchase plenty of coverage at the best price.

We’ve covered a lot of tips how to get a better price on 2013 MINI Cooper Roadster insurance. The most important thing to understand is the more you quote, the higher your chance of finding lower rates. Drivers may discover the lowest priced insurance coverage comes from some of the lesser-known companies. They often have lower prices on specific markets than their larger competitors like Progressive or Geico.

Cheaper insurance can be bought on the web in addition to many insurance agents, so you should compare both in order to have the best chance of saving money. There are still a few companies who do not provide online quoting and these smaller companies work with independent agents.

Helpful information