2016 MINI Cooper Insurance Quotes – 6 Ideas for Cheapest Rates

Want cheaper car insurance rates? Drivers have options when trying to find low-cost MINI Cooper insurance. You can either spend your time calling around to compare prices or leverage the internet to compare rates.

There are more efficient ways to shop for car insurance and you need to know the proper way to quote coverages on a MINI and get the lowest possible price from both online companies and local agents.

First Step: Get free auto insurance quotes

Most larger insurance companies allow you to get coverage price quotes direct online. Comparing rates online doesn’t take much effort because you just enter as detailed in the form. Once entered, their rating system makes automated requests for reports for credit and driving violations and generates a price based on these and other factors.

Online price estimates helps simplify price comparisons, but the time it takes to visit each company’s website and repetitively type in the same data can be a bit repetitive. Unfortunately, it is important to compare as many rates as possible if you want to get a better rate.

A quicker way to find lower prices is to use a quote form that gets prices from multiple companies. It saves time, requires less work, and makes price shopping online a lot less work. After your information is entered, 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 can click and sign and purchase the new policy. It can be completed in less than 10 minutes and you’ll know if lower rates are available.

To find out how much you’re overpaying now, click here to open in new window and begin entering your coverage information. If you have a policy now, it’s recommended you enter the coverage information as close as possible to your current policy. Doing this assures you will get rate quotes using the exact same coverages.

Truth in insurance advertising

Consumers constantly see and hear ads that claim the cheapest prices from companies such as State Farm and Allstate. All the ads convey the message that drivers will save a bundle just by moving your insurance policy to them.

How does every company have lower policy pricing? It’s all in how they say it.

Most companies have underwriting criteria for the type of customer that will most likely be profitable. For instance, this type of risk profile may need to be between the ages of 40 and 55, has never had a policy lapse, and drives less than 10,000 miles a year. Anybody who fits those characteristics will most likely get cheap car insurance rates and will most likely save some money.

Consumers who do not meet the “perfect” profile will be charged higher premium rates and this results in the customer not buying. Company advertisements say “customers who switch” not “everyone who quotes” save that much. That’s why insurance companies can advertise the way they do.

That is why drivers should compare many company’s premium rates. It’s impossible to know with any certainty which company will have the lowest car insurance rates for your situation.

Discount auto insurance quotes

Car insurance is not cheap, but you may find discounts to reduce the price significantly. Certain discounts will be triggered automatically when you complete an application, but some must be requested specifically before they will apply. If you don’t get every credit you qualify for, you’re paying more than you need to.

• Low Mileage Discounts – Low annual miles can qualify you for substantially lower rates.
• Theft Prevention Discount – Vehicles with anti-theft systems have a lower chance of being stolen and earn discounts up to 10% off your insurance coverage quote.
• Paperless Signup – A few companies give back up to $50 get insurance coverage on their website.
• ABS and Traction Control Discounts – Cars and trucks with anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
• Save over 55 – Drivers over the age of 55 could receive reduced rates on Cooper coverage.
• Accident Forgiveness – Not a discount per se, but a handful of insurance companies may permit one accident before hitting you with a surcharge as long as you don’t have any claims prior to being involved in the accident.

We need to note that most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like physical damage coverage or medical payments. So even though it sounds like adding up those discounts means a free policy, insurance companies wouldn’t stay in business. Any qualifying discounts will positively reduce your policy premiums.

Large auto insurance companies and a summarized list of policyholder discounts are:

• State Farm may have discounts that include Steer Clear safe driver discount, safe vehicle, accident-free, good driver, passive restraint, multiple policy, and anti-theft.
• Geico may include discounts for defensive driver, daytime running lights, emergency military deployment, multi-policy, membership and employees, multi-vehicle, and anti-lock brakes.
• Progressive has discounts for good student, online signing, multi-vehicle, multi-policy, homeowner, and continuous coverage.
• 21st Century may offer discounts for good student, driver training, early bird, anti-lock brakes, and defensive driver.
• American Family includes discounts for early bird, Steer into Savings, multi-vehicle, bundled insurance, TimeAway discount, good student, and mySafetyValet.
• The Hartford offers discounts for driver training, anti-theft, defensive driver, bundle, air bag, vehicle fuel type, and good student.
• AAA offers discounts including pay-in-full, multi-policy, good student, education and occupation, and AAA membership discount.

When getting a coverage quote, ask all companies you are considering which credits you are entitled to. Savings may not be available in your area. To see a list of auto insurance companies that can offer you the previously mentioned discounts, click this link.

Tailor your car insurance coverage to you

When buying the best car insurance coverage for your vehicles, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

These are some specific questions may help highlight whether or not you could use an agent’s help.

• Why do I need rental car insurance?
• Does my policy cover my teen driver if they drive my company car?
• Does insurance cover damages from a DUI accident?
• Am I covered when driving someone else’s vehicle?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Do I have coverage if my license is suspended?
• Should I buy only the required minimum liability coverage?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and may give you better protection.

The coverage is in the details

Learning about specific coverages of auto insurance helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement.

Insurance for medical payments

Med pay and PIP coverage provide coverage for immediate expenses for prosthetic devices, surgery, X-ray expenses and EMT expenses. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 2016 MINI Cooper.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability car insurance

This coverage protects you from injuries or damage you cause to other people or property in an accident. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for things such as emergency aid, medical expenses, funeral expenses and legal defense fees. 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 (or Other than Collision)

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as rock chips in glass, fire damage and falling objects. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision insurance

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as sideswiping another vehicle, colliding with another moving vehicle, crashing into a ditch, driving through your garage door and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Summing up your auto insurance search

When shopping online for auto insurance, make sure you don’t buy poor coverage just to save money. There have been many situations where an accident victim reduced collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The goal is to buy a smart amount of coverage at the best possible price, but don’t skip important coverages to save money.

Insureds switch companies for many reasons like lack of trust in their agent, policy non-renewal, delays in responding to claim requests and even extreme rates for teen drivers. It doesn’t matter why you want to switch finding a new auto insurance company is easier than you think.

We’ve covered many ideas to lower your 2016 MINI Cooper insurance prices. The key concept to understand is the more rate quotes you have, the better your comparison will be. Consumers could even find that the biggest savings come from a small local company.

Additional auto insurance information is located below:

• Rental Car Insurance Tips (Insurance Information Insitute)
• A Tree Fell on Your Car: Now What? (Allstate)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Five Mistakes to Avoid (Insurance Information Insitute)
• Steps to Take After an Auto Accident (Insurance Information Insitute)