2012 MINI Cooper Car Insurance Cost – 7 Tips to Save

Drivers have options when trying to find affordable MINI Cooper insurance. They can either waste time contacting agents getting price quotes or leverage the internet to make rate comparisons. There is a better way to find car insurance online and you need to know the quickest way to quote coverages for a new or used MINI and get the best price possible from local insurance agents and online providers.

You should make it a habit to do rate comparisons quite often due to the fact that insurance rates are constantly changing. Despite the fact that you may have had the best rate for Cooper coverage two years ago you can probably find a lower rate today. There is a lot of bad information regarding car insurance on the internet, but in this article, you’re going to get some great ways to slash your car insurance rates.

Finding affordable coverage is quite easy. If you currently have car insurance, you should be able to reduce your rates substantially using this strategy. Vehicle owners just need to learn the best way to find the lowest price on the web.

How to get low cost insurance coverage

All the larger insurance coverage companies like Allstate, Geico and Progressive allow consumers to get coverage prices direct online. Getting prices online is quite easy as you just type in your coverage preferences as requested by the quote form. Upon sending the form, their quoting system gets your credit score and driving record and returns pricing information based on the data you entered.

Online price estimates makes it simple to compare prices but the process of having to visit a lot of sites and type in the same information is a waste of time. But it’s absolutely necessary to compare as many rates as possible if you are searching for the lowest price.

A quicker way to compare rates is to use a quote form that analyzes rates from several different companies. This type of form saves time, eliminates repetitive work, and makes rate comparisons much more efficient. After sending the form, your coverage is rated and you are able to buy any or none of the quotes that you receive. If the quotes result in lower rates, you can click and sign and buy the new coverage. It just takes a couple of minutes and could lower your rates considerably.

If you want to find out what other companies charge, click here and submit your coverage information. If you have your current policy handy, we recommend that you enter the coverages identical to your current policy. This ensures you’re receiving a fair comparison for similar insurance coverage.

Get cheaper insurance rates with discounts

Buying insurance is not cheap, but you may qualify for discounts that may help make it more affordable. A few discounts will be applied at the time you complete a quote, but less common discounts must be asked about before they will apply. If you don’t get every credit possible, you are not getting the best rate possible.

  • Payment Method – If paying your policy premium upfront instead of paying each month you could save 5% or more.
  • Anti-lock Brake System – Cars with ABS braking systems or traction control can avoid accidents so companies give up to a 10% discount.
  • Government Employees – Being employed by or retired from a federal job can save as much as 8% for Cooper coverage depending on your insurance provider.
  • Online Discount – A few companies will give a small break simply for signing on the web.
  • Own a Home – Just being a homeowner can save you money due to the fact that maintaining a home requires a higher level of personal finance.
  • Telematics Data – Insureds that choose to allow their insurance company to scrutinize driving patterns by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction if their driving habits are good.
  • Anti-theft System – Cars, trucks, and SUVs with anti-theft systems are less likely to be stolen and can earn a small discount on your policy.

Discounts save money, but please remember that many deductions do not apply to the overall cost of the policy. Some only apply to specific coverage prices like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, that’s just not realistic.

Larger insurance companies and some of the premium reductions they offer are shown below.

  • State Farm has savings for good driver, multiple autos, Steer Clear safe driver discount, driver’s education, multiple policy, passive restraint, and good student.
  • Nationwide offers premium reductions for business or organization, easy pay, family plan, defensive driving, good student, and accident-free.
  • Geico has discounts for air bags, anti-theft, multi-vehicle, five-year accident-free, and federal employee.
  • AAA may offer discounts for multi-car, education and occupation, anti-theft, AAA membership discount, and pay-in-full.
  • 21st Century policyholders can earn discounts including theft prevention, automatic seat belts, anti-lock brakes, defensive driver, and early bird.
  • The Hartford discounts include air bag, driver training, good student, bundle, and vehicle fuel type.

Double check with every prospective company to give you their best rates. Some credits might not be offered on policies in every state.

Tailor your auto insurance coverage to you

When it comes to choosing proper insurance coverage, there really is not a one size fits all plan. Every insured’s situation is different.

For instance, these questions can help discover if your insurance needs may require specific advice.

  • Should I buy additional glass protection?
  • Are there companies who specialize in insuring high-risk drivers?
  • Can I get a multi-policy discount?
  • Do I need an umbrella policy?
  • What is the minimum liability in my state?
  • Am I covered when driving on a suspended license?
  • Is rental equipment covered for theft or damage?
  • I have a DUI can I still get coverage?
  • Will my insurance pay for OEM parts?
  • Can I afford to buy a different vehicle if my 2012 MINI Cooper is totaled?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Auto insurance companies are expert advertisers

Consumers can’t get away from all the ads for auto insurance savings from the likes of Allstate, Geico and Progressive. They all seem to make an identical promise that you can save if you switch to their company.

How is it possible that every company can cost less than your current company? This is the trick they use.

Auto insurance companies quote the lowest rates for a prospective insured that will add to their bottom line. An example of a profitable customer might be married and over the age of 30, has a clean driving record, and has a short commute. Any new insured who matches that profile will get very good rates and will most likely save when switching.

Potential insureds who are not a match for the requirements may be forced to pay a more expensive rate which translates to the customer buying from a different company. The wording the ads use say “customers that switch” not “everyone that quotes” save that much when switching. This is how insurance companies can lure you into getting a quote. This really emphasizes why you really should quote coverage with many companies. It is just not possible to predict the company that will have the lowest rate quotes.

Car insurance coverage information

Knowing the specifics of your insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Insurance terms can be confusing and coverage can change by endorsement.

Liability

Liability coverage provides protection from damage or injury you incur to other’s property or people in an accident. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage pays for things such as loss of income, bail bonds, attorney fees and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive insurance

Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as theft, falling objects and a tree branch falling on your vehicle. The maximum payout 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 probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and also any damage incurred to your MINI Cooper.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as colliding with another moving vehicle, scraping a guard rail, rolling your car, sideswiping another vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for expenses like pain medications, X-ray expenses, EMT expenses, nursing services and ambulance fees. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

A little work can save a LOT of money

As you shop your coverage around, you should never buy less coverage just to save a little money. There have been many situations where someone sacrificed collision coverage only to find out that they should have had better coverage. Your goal is to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.

Consumers leave their current company for many reasons like delays in responding to claim requests, high prices, not issuing a premium refund or poor customer service. No matter why you want to switch, finding the right car insurance provider is pretty simple and you could end up saving a buck or two.

Cost effective 2012 MINI Cooper insurance can be found on the web in addition to many insurance agents, and you need to comparison shop both to have the best selection. Some insurance companies may not offer rates over the internet and these regional carriers only sell through independent agents.

Additional information