Compare 2015 MINI Cooper Insurance Rates

Looking for lower auto insurance rates for your MINI Cooper? Are you intimidated by the sheer number of auto insurance options? Many other drivers are as well. There are so many options available that it can easily become a lot of work to find lower rates.

This information will introduce you to how to effectively get price quotes. If you are paying for car insurance now, you will most likely be able to save some money using this strategy. But drivers must learn the way companies determine prices.

Do you qualify for discounts?

Insurance can be prohibitively expensive, buy you may qualify for discounts that you may not know about. A few discounts will automatically apply when you quote, but lesser-known reductions have to be specially asked for in order for you to get them.

  • Seat Belt Usage – Drivers who require all occupants to wear their seat belts can save up to 15% off the personal injury premium cost.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and earn discounts up to 10%.
  • Lower Rates for Military – Having a deployed family member could be rewarded with lower premiums.
  • Student Driver Training – Cut your cost by having your teen driver take driver’s ed class if offered at their school.
  • Auto/Life Discount – Some companies give lower rates if you buy life insurance from them.
  • Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you can actually save on your bill.
  • Multi-car Discount – Buying coverage for more than one vehicle on the same car insurance policy can get a discount on all vehicles.
  • Senior Discount – If you qualify as a senior citizen, you may receive a small decrease in premiums on Cooper coverage.
  • Own a Home – Owning a home may trigger a car insurance policy discount because maintaining a house shows financial diligence.

Keep in mind that some of the credits will not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like comp or med pay. Just because you may think all the discounts add up to a free policy, companies don’t profit that way. But any discount will reduce the amount you have to pay.

Companies who might offer these discounts include:

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Some discounts might not be offered in your area.

How to Buy Auto Insurance Online

Most companies provide price estimates on their websites. The process is fairly simple as you just type in the amount of coverage you want as requested by the quote form. Behind the scenes, the system collects your credit score and driving record and quotes a price.

Quoting online makes it a lot easier to compare rates but the process of having to visit many different websites and type in the same information is not the best way to spend an afternoon. But it’s very important to have as many quotes as possible if you are searching for the best price possible.

The quickest way to compare rates makes use of a single form that obtains quotes from several companies at one time. This type of form saves time, eliminates form submissions, and makes comparison shopping much easier to do. As soon as you send your information, your coverage is rated and you are able to buy your choice of the quotes that you receive.

If the quotes result in lower rates, you simply finish the application and purchase the new policy. The entire process takes less than 15 minutes and may result in a nice savings.

To find out how much you’re overpaying now, simply click here to open in new window and complete the simple form. To compare your current rates, we recommend you input the coverages exactly as they are listed on your policy. Doing this assures you will get an apples-to-apples comparison using the same coverage and limits.

Don’t assume everyone needs the same coverage

When it comes to choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Every insured’s situation is different.

Here are some questions about coverages that can help discover if you might need an agent’s assistance.

  • Why does it cost so much to insure a teen driver?
  • Do I need replacement cost coverage on my 2015 MINI Cooper?
  • Can my babysitter drive my car?
  • Are there companies who specialize in insuring high-risk drivers?
  • What if I don’t agree with a claim settlement offer?
  • What are the best liability limits?
  • Am I covered when driving in Canada or Mexico?
  • Should I have a commercial auto policy?
  • Do I need PIP coverage since I have good health insurance?
  • Do I pay less for low miles?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form.

Educate yourself about insurance coverages

Knowing the specifics of a insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Collision coverage

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things like crashing into a building, sideswiping another vehicle, rolling your car, damaging your car on a curb and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages are identical to your policy’s liability coverage.

Liability insurance

Liability coverage provides protection from injuries or damage you cause to other people or property. It protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as loss of income, structural damage, repair bills for other people’s vehicles, emergency aid and legal defense fees. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Comprehensive coverage

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

Comprehensive coverage protects against things like hitting a deer, hail damage, damage from flooding and a tree branch falling on your vehicle. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as ambulance fees, EMT expenses, prosthetic devices, nursing services and pain medications. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Keep this in mind

In this article, we presented many ways to lower your 2015 MINI Cooper insurance rates. The key thing to remember is the more price quotes you have, the better your comparison will be. Drivers may discover the lowest premiums are with a company that doesn’t do a lot of advertising.

Drivers switch companies for many reasons like denial of a claim, policy cancellation, unfair underwriting practices or lack of trust in their agent. Regardless of your reason, finding a new company is not as difficult as it may seem.

As you go through the steps to switch your coverage, you should never skimp on coverage in order to save money. There have been many situations where someone sacrificed collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your focus should be to purchase plenty of coverage at the best price while not skimping on critical coverages.

Additional insurance coverage information can be found at the links below