2016 MINI Cooper Insurance Quotes – 5 Tricks for Cheaper Rates

Trying to find lower auto insurance rates for your MINI Cooper? When searching for lower-cost insurance, are you baffled by the dozens of auto insurance companies? Drivers have so many choices that it can quickly become a real difficult job to compare premium rates.

Buying car insurance is not that difficult. In a nutshell, every vehicle owner who is shopping for insurance coverage most likely will be able to reduce their rates. Although drivers do need to understand how big insurance companies price online insurance and use this information to your advantage.

How to buy insurance coverage online

Comparing insurance coverage rates can be challenging if you don’t understand the most efficient way to do it. You could spend your day talking to local insurance agents in your area, or you can stay home and use online quoting to get prices fast.

Many companies participate in a marketplace that enables customers to enter their policy data once, and each participating company then returns a price quote based on that information. This prevents consumers from doing form submissions to each individual insurance coverage company. To fill out one form to compare multiple rates now click here to open in new window.

One minor caviat to using this type of system is you can’t choose which companies to get quotes from. So if you prefer to choose individual companies to compare rates, we have a listing of low cost insurance coverage companies in your area. Click to view list.

It’s up to you which method you use, but do your best to enter equivalent coverage limits for every quote you compare. If you are comparing different liability limits you can’t possibly determine the best price for your MINI Cooper. Quoting even small variations in insurance coverages could mean much higher rates. Just keep in mind that comparing all the rates in your area increases your odds of finding a lower rate than you’re paying now. Not every company does price estimates online, so it’s important to also get prices from them, too.

Are you receiving every discount?

Companies offering auto insurance don’t list every disount available in an easy-to-find place, so the following is a list of both well-publicized and the more hidden discounts you could be receiving when you buy auto insurance online.

  • Sign Early and Save – A few larger companies allow discounts for buying a new policy early. It could save around 10% when you buy auto insurance online.
  • Discount for Multiple Policies – If you can combine your auto and home policy with one company you could earn a discount of up to 20% off your total premium.
  • Own a Home and Save – Being a homeowner may earn you a small savings since home ownership is proof that your finances are in order.
  • Theft Prevention System – Anti-theft and alarm system equipped vehicles help deter theft and earn discounts up to 10% off your auto insurance quote.
  • Safe Drivers – Insureds who avoid accidents can pay as much as 50% less for Cooper insurance compared to accident prone drivers.

You can save money using discounts, but most credits do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Even though the math looks like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

A few of the larger companies and a partial list of their discounts are:

  • State Farm may include discounts for defensive driving training, good student, good driver, driver’s education, and Steer Clear safe driver discount.
  • Farmers Insurance may have discounts that include electronic funds transfer, alternative fuel, good student, pay in full, and bundle discounts.
  • Progressive policyholders can earn discounts including multi-vehicle, good student, online quote discount, homeowner, and continuous coverage.
  • Geico offers discounts for good student, air bags, membership and employees, seat belt use, daytime running lights, and anti-theft.
  • Auto-Owners Insurance may offer discounts for teen driver, group or association, anti-lock brakes, multi-policy, anti-theft, company car, and safe driver.
  • The Hartford discounts include driver training, anti-theft, vehicle fuel type, bundle, defensive driver, and good student.
  • Farm Bureau offers premium reductions for youthful driver, good student, driver training, renewal discount, multi-vehicle, and multi-policy.
  • USAA has savings for family discount, safe driver, vehicle storage, driver training, multi-vehicle, and defensive driver.

Before purchasing a policy, check with each company how you can save money. A few discounts may not apply in your area. If you would like to choose from a list of insurance companies that provide some of the discounts listed above, click here to view.

When in doubt talk to an agent

When choosing adequate coverage for your personal vehicles, there really is no cookie cutter policy. Your needs are not the same as everyone else’s.

For example, these questions might help in determining whether your personal situation may require specific advice.

  • Are rental cars covered under my policy?
  • Can I still get insurance after a DUI?
  • If I drive on a suspended license am I covered?
  • Am I covered if I break a side mirror?
  • Are there companies who specialize in insuring high-risk drivers?
  • Does having multiple vehicles earn me a discount?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance policy coverages for a MINI Cooper

Knowing the specifics of auto insurance aids in choosing the best coverages and proper limits and deductibles. Auto insurance terms can be confusing and nobody wants to actually read their policy.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like a broken windshield, a tree branch falling on your vehicle, vandalism and theft. The most your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for liability

Liability coverage provides protection from damages or injuries you inflict on other people or property that is your fault. It consists of three 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 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims like repair bills for other people’s vehicles, attorney fees, pain and suffering and emergency aid. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for bills such as ambulance fees, prosthetic devices, funeral costs, chiropractic care and doctor visits. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Auto collision coverage

Collision coverage will pay to fix damage to your Cooper caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like colliding with a tree, crashing into a building, sustaining damage from a pot hole, hitting a mailbox and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Quote more, save more

When shopping online for car insurance, don’t be tempted to skimp on critical coverages to save a buck or two. In many instances, an insured cut liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy enough coverage at the best cost, but do not skimp to save money.

We’ve covered a lot of tips how to compare 2016 MINI Cooper insurance prices online. It’s most important to understand that the more providers you compare, the better likelihood of getting low cost auto insurance. Consumers may even find the most savings is with a company that doesn’t do a lot of advertising.

People leave their current company for a number of reasons such as unfair underwriting practices, lack of trust in their agent, an unsatisfactory settlement offer and delays in paying claims. Regardless of your reason, choosing a new company is actually quite simple.

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