2016 MINI Cooper Paceman Insurance Cost

Online price comparisons for inexpensive insurance could seem overwhelming if you have never taken advantage of online insurance quotes. But don’t surrender to high rates because we’re going to show you how.

Compare free car insurance quotes

Performing a rate comparison can take hours if you don’t understand the most efficient way. You could waste time talking about coverages with insurance companies in your area, or you could use the internet to achieve your goal.

All the larger companies take part in a program where prospective buyers enter their coverage request one time, and at least one company returns a competitive quote based on the submitted data. This saves time by eliminating form submissions to each company.

To submit your quote information now, click here (opens in new window).

One minor caviat to doing it this way is that consumers can’t choose the companies you will receive quotes from. If you wish to select from a list of companies for rate comparison, we have a page of the cheapest car insurance companies in your area. Click here to view list.

The approach you take is up to you, just try to keep identical coverages for each comparison quote. If each company quotes mixed coverages it’s impossible to determine the lowest rate for your MINI Cooper Paceman. Having just a slight variation in insurance coverages could mean much higher rates. And when comparing car insurance rates, know that quoting more will increase your chances of finding the best price. Not every company allows you to get online rate quotes, so it’s important to compare price quotes from them, too.

Lower-cost insurance coverage rates with discounts

Some companies don’t always list every discount in a way that’s easy to find, so the list below gives a summary of some of the more common as well as the least known discounts you could be receiving when you buy insurance online. If you do not double check each discount you qualify for, you are just wasting money.

  • Discounts for Safe Drivers – Drivers who avoid accidents may save up to 50% more for Cooper Paceman coverage than drivers with accident claims.
  • Switch and Save Discount – Some larger companies give discounts for switching companies before your current coverage expires. It’s a savings of about 10%.
  • Bundle and Save – If you insure your home and vehicles with one insurance company they may give you a discount of approximately 10% to 15%.
  • E-sign – A few larger online companies will discount your bill up to fifty bucks for buying your policy on your computer.
  • Braking Control Discount – Cars, trucks, and SUVs that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
  • Multi-car Discount – Drivers who insure multiple cars or trucks on one policy could earn a price break for each car.
  • Accident Forgiveness – Not really a discount, but some insurance companies will forgive one accident before your rates go up with the catch being you have to be claim-free prior to being involved in the accident.
  • Student Discount for Driver Training – Cut your cost by having your teen driver enroll and complete driver’s education as it will make them better drivers and lower rates.

Discounts save money, but please remember that some of the credits will not apply to the entire policy premium. Some only reduce specific coverage prices like collision or personal injury protection. Even though the math looks like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

Some of the insurance companies that may offer quotes with most of the discounts above include:

Before you buy a policy, ask each company which discounts they offer. Some discounts listed above might not be offered everywhere.

Tailor your auto insurance coverage to you

When choosing proper insurance coverage, there isn’t really a perfect coverage plan. Every situation is different.

For instance, these questions can help discover whether you may require specific advice.

  • Is my camper covered by my car insurance policy?
  • Do I need an umbrella policy?
  • Are rental cars covered under my policy?
  • Do I have coverage when using my vehicle for my home business?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Am I covered when using my vehicle for business?

If you can’t answer these questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form.

Car insurance coverages 101

Understanding the coverages of a car insurance policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Comprehensive insurance – Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as falling objects, theft and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Liability car insurance – This protects you from damages or injuries you inflict on other’s property or people. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability can pay for claims such as legal defense fees, pain and suffering and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Collision – Collision coverage pays for damage to your Cooper Paceman resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims such as sideswiping another vehicle, crashing into a building, rolling your car, scraping a guard rail and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP provide coverage for immediate expenses like hospital visits, funeral costs, prosthetic devices and rehabilitation expenses. They are used in conjunction with a health insurance plan or if you do not have health coverage. They cover you and your occupants as well as if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage