How Much Does 2018 MINI Convertible Insurance Cost?

Consumers have a choice when looking for low-cost MINI Convertible insurance. They can either waste time driving around getting price quotes or use the internet to get rate quotes.

There are more efficient ways to compare insurance rates so you’re going to learn the absolute fastest way to price shop coverage for a MINI and find the best price possible from both online companies and local agents.

The purpose of this post is to help educate you on how to effectively get price quotes and some money-saving tips. If you have car insurance now, you stand a good chance to be able to cut costs considerably using these tips. Vehicle owners only need an understanding of how to shop online.

Do you qualify for discount insurance?

Insurance is not an enjoyable expense, but you may qualify for discounts that many people don’t even know exist. Certain discounts will be applied when you purchase, but a few must be specially asked for prior to receiving the credit. If you do not check that you are getting every discount you qualify for, you are paying more than you should be.

• Federal Government Employee – Federal government employees could qualify for a slight premium decrease for Convertible coverage with a few insurance companies.
• Distant College Student Discount – living away from home attending college and do not have access to a covered vehicle may qualify for this discount.
• Discounts for Good Drivers – Drivers who don’t get into accidents can pay as much as 50% less for Convertible coverage than less cautious drivers.
• More Vehicles More Savings – Buying insurance for several vehicles on the same insurance policy could earn a price break for each car.
• Discounts for New Vehicles – Buying a new car model can save you some money because new vehicles are generally safer.
• Full Payment Discount – If paying your policy premium upfront rather than paying monthly you may have a lower total premium amount.
• Low Mileage Discounts – Fewer annual miles on your MINI could earn cheaper insurancerates.
• Discount for Multiple Policies – If you have multiple policies with one insurance company you could get a discount of at least 10% off all policies.

Please keep in mind that most credits do not apply the the whole policy. Some only reduce 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, you’re out of luck.

Insurance companies that may offer many of the previously listed discounts may include but are not limited to:

• American Family
• Nationwide
• MetLife
• 21st Century
• Farmers Insurance
• Allstate

If you need low cost insurance coverage quotes, ask all companies you are considering to give you their best rates. Some of the earlier mentioned discounts may not be offered in your area. To see a list of providers with discount insurance rates, click here to view.

Cheap insurance coverage

Getting a cheaper price on 2018 MINI Convertible insurance is a great way to save money. The only requirement is to invest a little time to compare free insurance coverage quotes from some recommended companies. This can be accomplished using a couple different methods.

• The most recommended method to get quotes for comparison would be an industry-wide quote request form click here to open form in new window. This form saves time by eliminating separate quote forms for every company. One form submission gets you price quotes direct from many companies.It’s the quickest way to get rates.
• A more time consuming way to find more affordable insurance consists of visiting each company website and fill out their own quote form. For example, we’ll pretend you want to compare Allstate, Progressive and Geico. In order to compare rates, you need to spend time going to each site individually to input your insurance information, and that’s why the first method is more popular. For a list of companies in your area, click here.

Which method you use is up to you, but do your best to use apples-to-apples coverage limits for each price quote. If the quotes have different data then you won’t be able to determine the best price for your MINI Convertible.

Lower your insurance rates

Many factors are used in the calculation when you get your auto insurance bill. Most are fairly basic such as your driving record, but other factors are less obvious such as whether you are married or your commute time.

• Rates can be impacted by your vocation – Jobs such as doctors, executives and accountants are shown to have higher premium rates in part from stressful work requirements and incredibly demanding work hours. On the flip side, occupations like actors, athletes and retirees generally pay rates lower than average for Convertible coverage.
• Premiums are lower the older you get – More mature drivers are proven to be safer behind the wheel, statistically cause fewer accidents and receive fewer citations.Teenage drivers are statistically proven to be inattentive and easily distracted in a vehicle so insurance rates are higher.
• Raise your deductibles for better rates – Protection for physical damage, also called comprehensive and collision insurance, insures against damage to your MINI. Some examples of covered claims are a broken side mirror, damage caused by hail, or theft. The deductibles define how much you are required to spend out-of-pocket if a claim is determined to be covered. The more of the claim the insured is willing to pay, the lower your rates will be for Convertible coverage.
• A lcoverage lapse is a bad thing – Not having insurance is against the law and as a result your rates will increase for letting your coverage cancel without a new policy in place. Not only will rates go up, getting caught without coverage will get you a license revocation or jail time.
• Premiums increase with driving tickets – Your driving citation history influences premium rates substantially. Careful drivers pay lower auto insurance prices than bad drivers. Having a single citation can increase rates twenty percent or more. Drivers unfortunate enough to have dangerous violations such as hit and run, DWI or reckless driving convictions may find that they have to to prove financial responsibility with their state DMV in order to legally drive a vehicle.

What insurance coverages do I need?

When it comes to choosing the right insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is a little different.

For instance, these questions may help you determine if your insurance needs might need professional guidance.

• Why am I be forced to buy a membership to get insurance from some companies?
• Why am I required to buy liability insurance?
• Where can I get insurance after a DUI in my state?
• Does my insurance cover damage caused when ticketed for reckless driving?
• When would I need rental car insurance?
• Do I need PIP coverage since I have good health insurance?
• Am I covered when using my vehicle for business?
• Will I lose any money if I cancel my policy before it expires?
• Does my policy pay for OEM or aftermarket parts?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an agent. If you don’t have a local agent, complete this form. It only takes a few minutes and can help protect your family.

Advertising and car insurance

Consumers constantly see and hear ads that claim the best premium rates by Geico, State Farm and Progressive. They all seem to make an identical promise that people will save if you move your coverage to them.

How does every company offer you a better deal? It’s all in the wording.

Different companies quote their cheapest rates for the type of insured that will not have excessive claims. A good example of this type of risk profile could be between 30 and 50, has never had a claim, and the vehicle is rated for pleasure use. A propective insured who fits those characteristics will get a cheap rate quote and will most likely save if they switch.

Consumers who do not match the ideal profile must pay higher premiums and ends up with business going elsewhere. The trick is to say “drivers who switch” not “everybody who quotes” can get the lowest rates when switching. This is how companies can make those statements.

Because of the profiling, you should compare many company’s premium rates. It’s impossible to know the company that will have the best auto insurance rates at this point in time.

Specific coverages for a MINI Convertible

Knowing the specifics of insurance can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Auto liability

Liability coverage will cover damage that occurs to other people or property. It protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability insurance covers claims like pain and suffering, loss of income, medical expenses and funeral expenses. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Comprehensive coverage

This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as vandalism, damage from getting keyed and damage from a tornado or hurricane. The maximum payout your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Auto collision coverage

This coverage will pay to fix damage to your Convertible caused by collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like colliding with a tree, hitting a parking meter and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for short-term medical expenses for things like doctor visits, ambulance fees and nursing services. They can be used in conjunction with a health insurance policy or if you do not have health coverage. They cover you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Buy Smart and Save

Cheaper 2018 MINI Convertible insurance is available on the web as well as from independent agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance coverage companies may not have rates over the internet and most of the time these smaller companies only sell coverage through independent agents.

Consumers who switch companies do it for many reasons like delays in paying claims, high prices, not issuing a premium refund and poor customer service. Regardless of your reason, choosing a new insurance company can be less work than you think.

In this article, we presented many ways to compare 2018 MINI Convertible insurance car insurance rates online. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. You may be surprised to find that the lowest car insurance rates come from a company that doesn’t do a lot of advertising.

For more information, feel free to browse the resources below:

• Property Damage Coverage (Liberty Mutual)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• Where can I buy Insurance? (Insurance Information Insitute)
• Drunk Driving Statistics (Insurance Information Insitute)
• Insurance Losses by Make and Model (iihs.org)