Mini Convertible car insurance rates

Mini Convertible insurance rates by model

• How we got this rate

  To determine our estimated cost, we aggregated quotes from insurance companies using this profile:

  • A 30-year-old driver in Pennsylvania
  • Drives a 2018 Mini Convertible
  • Drives between 10,001 and 15,000 miles a year
  • Has no accidents in the past five years
  • Has an anti-theft device on the vehicle
  • Has good credit

How to compare insurance for the Mini Convertible

One of the biggest benefits of car insurance is its flexibility. You have the freedom to change providers and tweak your policy, coverage levels and extras. When you’re shopping around for insurance for your Mini Convertible, consider these factors:

• Price. Car insurance is a required expense in most states, so it needs to be affordable. Decide how much coverage you want, and then use that number to compare the costs between providers.
• Deductible. The higher your deductible, the lower your premium, and vice versa. Settle on a number that suits your budget and driver profile. If you’re stuck, think about the part that’s most likely to break — for example, a taillight — and how much it would cost to fix out of pocket if you need to file a claim.
• Minimum coverage. In most states, car insurance is a legal requirement. Before you get behind the wheel, you’ll most likely need liability protection at a minimum. Check the rules for your state to be sure.
• Additional coverage. You can add layers of protection to your policy, such as personal injury protection (PIP), uninsured and underinsured motorist coverage and medical payments coverage. Since the Mini Convertible has a low theft rate, most policyholders only opt for comprehensive coverage for brand new cars.
• Extras. If you want to dress up your policy with features like roadside assistance, vanishing deductibles and accident forgiveness, ask your provider for a list of available extras.
• Restrictions. Some providers can’t — or won’t — cover teens, while others impose restrictions on ridesharing or driving overseas. Research these now to avoid any gaps in coverage or denied claims later. The Mini Convertible isn’t a luxury or sports car, so it’s likely not going to have too many limitations, but it pays to read the fine print.
• Manufacturer offer or unique discounts. In the military? USAA members and their families in the US may be eligible for discounts when they lease or purchase a Mini Convertible. With the US Mini Diplomatic Sales Program, diplomats, ambassadors and members of international organizations could also unlock special savings on a new Mini. College grads could score $500 off a certified new or preowned Mini. Your insurance company may also offer discounts for loyalty, safe driving and paying your premium in full.
• Warranty. A four-year or 50,000-mile warranty comes standard with any new Mini Convertible. This includes roadside services like locked-out assistance and towing, bumper-to-bumper coverage and powertrain. You’ll also get complimentary maintenance services for issues with your engine oil, brake fluid or air filter for up to three years or 36,000 miles, whichever comes first. Find out what’s covered by your warranty to avoid paying for coverage you don’t actually need.

What factors affect car insurance for the Mini Convertible?

The rate you’re offered reflects your insurance company, as well as your driving history, where you live, the car you drive and how often you drive it. Providers put their own emphasis on things like mileage and body styling.

For a Mini Convertible, the insurance rate is affected by these factors:

• Body type. These two-door convertibles are made in the UK, so it’ll probably be less expensive to insure than a luxury car, but more than the average sedan.
• Fuel option. The Mini Convertible runs on gas and has a turbocharged engine. Typically, gas vehicles come with lower insurance rates than diesel or hybrid vehicles.
• Theft. This car doesn’t have a reputation for being stolen. In general, Mini cars have low theft rates.
• Repairs. While it’s a stylish and respected brand, it’s not a luxury vehicle. The cost of repairs might be slightly higher than, say, a Toyota or Honda but not as high as a BMW or Mercedes. The US is Mini’s biggest market, so repair services are readily available. Mini also has a generous warranty system for maintenance issues.
• Safety features. You’ll find plenty of safety features to keep you and your car safe in an accident, including airbags, parking sensors, automatic headlights and a rearview camera. These features can also help cut down the cost of insurance.

Does the Mini Convertible qualify for discounts?

There are plenty of ways to cut down the cost of your premium. Each provider has its own discount program, but typically, you can save 5% to 30% for purchasing a new car equipped with extra safety features.

Driver discounts aside, the Mini Convertible may be eligible for these discounts:

• New car discount
• Antitheft discount
• Anti-lock brake discount
• Passive restraint discount for motorized seatbelts
• Automatic lights and wipers discount

With the Mini Mobility Program, you may qualify for a one-time reimbursement of up to $2,500 if you need adaptive equipment for your car. While it’s not a discount per say, it’s an appealing offer for drivers with disabilities or limitations, and it’s rare for a manufacturer to offer a deal like this.

Special savings with Liberty Mutual

Since Mini currently has a partnership with Liberty Mutual, you may be able to get special savings on your premium and additional coverage options, such as:

• Genuine Mini replacement parts
• Towing back to the nearest Mini dealership
• Accident forgiveness
• 24-hour claims service

Reliability and safety ratings for the Mini Convertible

The Mini Convertible hasn’t undergone crash testing by the National Highway Traffic Safety Administration (NHTSA) or the Insurance Institute for Highway Safety (IIHS). However, the nearly identical 2017 model earned an IIHS Top Safety Pick Label for its successful crash tests.

US News awarded the vehicle a score of 8.3 out of 10 in its subcompact cars category. This score reflects reliability data and a range of features, including safety. In addition, the Mini has an above-average predicted reliability score of 3.5 out of 5 from JD Power.

The Convertible is equipped with safety features like a rearview camera and parking sensors, which are standard as of 2018, automatic headlights, airbags and rain-sensing windshield wipers. If you invest in extra safety features, such as automatic parking assist and a head-up display, your insurance provider may slash your premium.

Cars.com praises the car’s acceleration, handling and responsive transmission, but says the windshield may limit the view of overhead stop lights. It also points out that the center armrest gets in the way of using the parking brake lever.

The Mini Convertible has not had any recalls. The NHTSA has recorded one consumer complaint about airbags.

In terms of fuel, the tank size is 11.6 gallons. The average fuel cost is $1,700 per year for the automatic version. That figure is a product of the current fuel prices, as well as 45% highway and 55% city driving over 15,000 annual miles. This means it costs you around $40 to fill the tank. According to Fuel Economy, you can expect to pay $500 more in fuel over five years in comparison to the average new vehicle.

Bottom line

While the Mini Convertible tends to be pricier than its competitors, it’s reasonable to insure thanks to excellent safety features, easy repairs and low theft rates along with Mini’s outstanding warranty and maintenance program.

The Mini Convertible is a good choice for people who want a fun ride without expensive insurance. To get the most value for your money, compare car insurance rates before settling on a provider

Frequently asked questions about the Mini Convertible

• What does the Mini warranty not cover?

  Mini’s manufacturer warranty won’t cover the cost of repairing tires and damage or wear and tear caused by:

  • Negligence
  • Misuse of the vehicle
  • Lack of maintenance
  • Flood, accident or fire damage
  • Road salt corrosion
  • Use of non-genuine Mini parts and accessories
  • Use of improper, poor-quality or contaminated fuel

  It also won’t cover repairs if the odometer has been replaced, the Vehicle Identification Number (VIN) is altered or if it deems the car to be a total loss.

  In some cases, your insurance may step in. When you’re putting together your policy, ask your providers about extras, especially if you live in an area with wild weather conditions.

• I don’t drive much. Will I get a lower rate?

  Generally, yes. Insurance companies favor those who drive less than 10,000 miles a year, which is the national average. The reason isn’t subtle: The less time you spend on the road, the less chance you have of getting into an accident.

• When will I need to pay a deductible?

  The deductible is the charge you have to pay out of pocket for each claim. The amount depends on whether you caused the accident or not and the cost of repairs to your car.

• What happens if I make modifications to my car?

  If you change your car so it’s no longer a standard model, contact your insurance company. It will ask for a description of the alterations and accessories, along with their monetary value. This may increase your premium if you’ve made it more powerful or decrease risk if you’ve equipped your car with extra safety features.

• How much does a Mini Convertible cost?

  The 2019 Mini Convertible starts at $26,900 for the most basic model. You can learn more about financing a new Mini with our guide.