2016 MINI Cooper Car Insurance Quotes – 10 Tips for Cheaper Rates

Have you finally had enough of paying out the nose to pay your insurance bill each month? Your situation is no different than many other consumers.

Numerous car insurance companies battle to insure your vehicles, and because of this it can be hard to compare car insurance companies to discover the definitive lowest rate

Buy insurance coverage online

Comparing insurance coverage rates can be a lot of work if you don’t utilize the fastest way to get free quotes. You could waste a few hours talking to local insurance agents in your area, or you can stay home and use online quotes to get prices fast.

Most major companies participate in a marketplace where prospective buyers only type in their quote data once, and each company returns a rated price for coverage. This eliminates the need for quotation requests for each company. To find out how much you can save on insurance coverage click here (opens in new window).

The one downside to comparing rates this way is that consumers can’t choose which providers to receive prices from. So if you prefer to pick from a list of companies to compare, we put together a list of insurance coverage companies in your area. Click here for list of insurance companies.

You can choose any of those ways to find more affodable coverage, but try to keep equivalent deductibles and coverage limits with each company. If each company quotes higher or lower deductibles it’s impossible to make a fair rate comparison. Slightly different limits could mean much higher rates. And when price shopping your coverage, comparing a large number of companies helps improve the odds of finding more affordable rates. Some insurance companies are not set up to provide online rate quotes, so you also need to get prices from them, too.

Insurance in the media

Companies like Allstate, GEICO and Progressive regularly use television, radio, and online ads. All the ads tend to make the same promise that you can save after switching your policy. How is it plausible that every one can offer you a better deal?

All companies can use profiling for the type of driver that earns them the highest profit. For example, a preferred risk might be described as over the age of 35, owns their home, and the vehicle is rated for pleasure use. Any person who meets those qualifications will qualify for the lowest premium rates and most likely will pay quite a bit less when switching companies.

Potential customers who don’t meet these standards will have to pay higher prices which usually ends up with the driver buying from a lower-cost company. The trick is to say “customers who switch” not “all people who quote” can save as much as they claim. That’s why insurance companies can advertise the way they do. Because of these techniques, you absolutely need to get as many free car insurance quotes as possible. Because without a comparison, you cannot know which insurance companies will have the lowest prices for your situation.

Drivers can save with these ten discounts

Some insurance providers don’t always advertise all their discounts in an easy-to-find place, so below is a list both well-publicized and the harder-to-find credits available to bring down your rates.

  • Discount for Home Ownership – Owning your own home or condo can save a few bucks since owning and maintaining a home demonstrates responsibility.
  • Theft Prevention System – Vehicles that have factory anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
  • New Vehicle Savings – Buying a new car model is cheaper since newer vehicles are generally safer.
  • Accident-Free Discounts – Claim-free drivers have much lower rates when compared with frequent claim filers.
  • Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems may qualify for discounts as much as 30%.
  • Student Discount for Driver Training – Teen drivers should participate in a local driver’s education class as it will make them better drivers and lower rates.
  • Waiver for an Accident – Not necessarily a discount, but some insurance companies will allow you to have one accident before hitting you with a surcharge if you are claim-free for a certain period of time.
  • Life Insurance – Larger companies have a small discount if you purchase auto and life insurance together.
  • Student Discounts – A discount for being a good student may save you up to 25%. Earning this discount can benefit you well after school through age 25.
  • Low Mileage – Fewer annual miles on your MINI may enable drivers to earn lower rates on the low mileage vehicles.

One last thing about discounts, many deductions do not apply the the whole policy. Most only reduce individual premiums such as comprehensive or collision. So when it seems like it’s possible to get free car insurance, it’s just not the way it works.

If you would like to view insurance companies that provide some of the discounts listed above, click here.

Special considerations

When it comes to choosing coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. For example, these questions may help you determine if your situation will benefit from professional help.

  • Does having multiple vehicles earn me a discount?
  • When should I drop full coverage on my 2016 MINI Cooper?
  • What is no-fault insurance?
  • How much underlying liability do I need for an umbrella policy?
  • Do I need replacement cost coverage?
  • What is the rate difference between pleasure use and commuting?
  • At what point should I drop full coverage?
  • When do I need to add a new car to my policy?
  • Is motorclub coverage worth it?
  • Am I covered when driving someone else’s vehicle?

If you don’t know the answers to these questions, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area.

Car insurance coverages and their meanings

Learning about specific coverages of car insurance can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Shown next are the usual coverages offered by car insurance companies.

Protection from uninsured/underinsured drivers

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive (Other than Collision)

Comprehensive insurance will pay to fix 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 can pay for things like a broken windshield, hail damage, hitting a bird, theft and hitting a deer. The maximum amount you’ll receive from a claim 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.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for dental work, hospital visits, doctor visits and nursing services. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and will also cover 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

Collision coverage protection

This pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as crashing into a ditch, driving through your garage door and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Liability coverages

Liability coverage can cover damage that occurs to people or other property by causing an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability insurance covers things like funeral expenses, medical expenses, court costs and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Spend less. Save more.

We just presented a lot of information how to save on 2016 MINI Cooper insurance. It’s most important to understand that the more you quote car insurance, the better likelihood of getting cheaper car insurance. Consumers could even find that the lowest car insurance rates are with a lesser-known regional company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate, GEICO and Progressive.

Low-cost 2016 MINI Cooper insurance is attainable on the web and with local insurance agents, and you should compare price quotes from both to get a complete price analysis. A few companies don’t offer internet price quotes and most of the time these small, regional companies sell through independent agencies.

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