2014 MINI Cooper Insurance Rates

Having to pay for overpriced auto insurance can empty your bank account and put a big crunch on your finances. Doing a price comparison is a smart way to cut your insurance bill. With consumers having so many options, it is very difficult to pick the most cost effective car insurance company.

Save money by taking advantage of these discounts

Car insurance is not cheap, but there could be available discounts to help offset the cost. Some trigger automatically when you complete an application, but a few need to be specifically requested before you get the savings. If you don’t get every credit possible, you are throwing money away.

  • 55 and Retired – If you’re over the age of 55, you may receive a small decrease in premiums for Cooper insurance.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in high school.
  • Government Employees – Employees or retirees of the government could cut as much as 10% off for Cooper insurance with select insurance companies.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt could save 15% off the personal injury premium cost.
  • Bundle and Save – If you insure your home and vehicles with the same company you may save up to 20% off your total premium.
  • New Vehicle Savings – Insuring a new car can cost up to 25% less compared to insuring an older model.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can avoid accidents and therefore earn up to a 10% discount.

It’s important to understand that many deductions do not apply to your bottom line cost. Most cut individual premiums such as liability, collision or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, it doesn’t quite work that way. Any amount of discount will bring down the cost of coverage.

A partial list of companies that may offer these money-saving discounts include:

Double check with each insurance company how you can save money. Some discounts may not be available in your state.

The fastest way that we advise to compare policy rates utilizes the fact most of the bigger providers pay for the opportunity to provide you with free rate quotes. All you need to do is provide a little information including how much education you have, if your license is active, whether you are single or married, and the make and model of your vehicles. Your rating data is submitted instantly to multiple companies and you should receive rate quotes immediately.

To start a rate quote now, click here then complete the form.

When should I use an insurance agent?

When it comes to buying the right insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s situation is unique so your insurance should reflect that For example, these questions can aid in determining if your situation could use an agent’s help.

  • Can I afford low physical damage deductibles?
  • Is my teenager covered with friends in the car?
  • Is my ex-spouse still covered by my policy?
  • Am I missing any policy discounts?
  • Do I pay less for low miles?
  • Should I file a claim if it’s only slightly more than my deductible?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.

Coverage specifics

Knowing the specifics of insurance can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages offered by insurance companies.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as sustaining damage from a pot hole, crashing into a building and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for expenses like rehabilitation expenses, pain medications, hospital visits and dental work. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Auto liability

This can cover injuries or damage you cause to people or other property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for claims such as repair costs for stationary objects, emergency aid, loss of income, structural damage and pain and suffering. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, damage from a tornado or hurricane, vandalism, damage from getting keyed and hitting a bird. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Save for a rainy day

When buying insurance coverage, do not skimp on coverage in order to save money. There have been many situations where someone dropped liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

We just presented a lot of ways to get a better price on 2014 MINI Cooper insurance. The most important thing to understand is the more quotes you get, the better your comparison will be. You may be surprised to find that the lowest rates come from some of the smallest insurance companies. They can often provide lower rates in certain areas compared to the large companies like Progressive or Geico.

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