The recommended way to get budget Mini Cooper insurance is to regularly compare quotes from different companies who sell auto insurance in Dallas. Rates can be compared by following these guidelines.
- First, try to learn about the coverage provided by your policy and the steps you can take to prevent expensive coverage. Many rating factors that result in higher rates like high-risk driving behaviors and a not-so-good credit score can be eliminated by making small lifestyle or driving habit changes. This article provides additional tips to get cheaper coverage and get additional discounts that may be available.
- Second, request rate estimates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like Progressive and State Farm, while independent agents can provide price quotes for many different companies. View prices
- Third, compare the price quotes to the price on your current policy and determine if cheaper Cooper coverage is available. If you find better rates and change companies, make sure there is no coverage gap between policies.
- Fourth, provide notification to your current company to cancel your current car insurance policy. Submit the completed application along with a down payment to your new agent or company. Don’t forget to place the new certificate verifying proof of insurance in your vehicle.
A tip to remember is to try to compare the same amount of coverage on each quote and and to get quotes from as many car insurance companies as possible. Doing this helps ensure an accurate price comparison and a complete price analysis.
We don’t have to tell you that auto insurance companies want to keep you from comparing rates. Insureds who compare price quotes will presumably switch companies because there is a significant possibility of finding coverage at a more affordable price. A recent survey discovered that drivers who routinely shopped for cheaper coverage saved approximately $70 a month compared to people who never shopped around for better prices.
If finding the cheapest price on Mini Cooper insurance is your intention, then having a grasp of the best way to quote and compare cheaper coverage can make it easier to shop your coverage around.
Buying the cheapest insurance in Dallas seems hard but is not really that difficult. If you already have coverage, you should be able to reduce the price you pay using the concepts you’re about to learn. But Texas consumers must learn the way insurance companies price online insurance and apply this information to your search.
Mini Cooper insurance quotes comparison
Just remember that more quotes helps increase your odds of locating lower pricing. Not every company does online rate quotes, so it’s important to compare quotes from them as well.
The companies shown below are our best choices to provide free quotes in Texas. If several companies are displayed, it’s a good idea that you click on several of them to get a more complete price comparison.
Mini Cooper insurance discounts in Dallas
Insurance can be prohibitively expensive, but you might find some hidden discounts that you may not know about. Certain discounts will be applied at the time you complete a quote, but less common discounts must be inquired about before you will receive the discount.
- Government Employee Discount – Federal government employees can earn a discount up to 10% with a few auto insurance companies.
- Military Rewards – Having an actively deployed family member could qualify you for better prices.
- Waiver for an Accident – Not necessarily a discount, but companies like Progressive, State Farm and GEICO will forgive one accident without getting socked with a rate hike if you are claim-free prior to being involved in the accident.
- Telematics Devices – Dallas drivers who agree to allow data collection to analyze when and where they use their vehicle by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if they show good driving skills.
- ABS and Traction Control Discounts – Vehicles with ABS and/or traction control prevent accidents and will save you 10% or more on Cooper insurance in Dallas.
- Bundled Policy Discount – If you have multiple policies and place coverage with the same company you could earn a discount of up to 20% and get you the cheapest Mini Cooper insurance in Dallas.
While discounts sound great, it’s important to understand that some credits don’t apply to the overall cost of the policy. A few only apply to individual premiums such as comp or med pay. Just because it seems like it’s possible to get free car insurance, it’s just not the way it works.
The information below shows the difference between Mini Cooper car insurance rates with and without discounts applied to the policy rates. The costs are based on a female driver, no claims or driving violations, Texas state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, multi-policy, claim-free, and multi-car discounts applied.
To see auto insurance companies that offer the discounts shown above in Dallas, click this link.
Rates and other information
The coverage information displayed next showcases detailed analysis of coverage prices for Mini Cooper models. Having a good understanding how rates are determined is important to be able to make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $206 | $392 | $366 | $22 | $110 | $1,096 | $91 |
| Cooper 2-Dr Convertible | $206 | $392 | $284 | $16 | $86 | $984 | $82 |
| Cooper S 2-Dr Hatchback | $206 | $462 | $366 | $22 | $110 | $1,166 | $97 |
| Cooper S 2-Dr Convertible | $232 | $462 | $284 | $16 | $86 | $1,080 | $90 |
| Cooper John Cooper Works 2-Dr Hatchback | $232 | $462 | $366 | $22 | $110 | $1,192 | $99 |
| Cooper John Cooper Works 2-Dr Convertible | $258 | $532 | $284 | $16 | $86 | $1,176 | $98 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Table data does not factor in zip code location which can raise or lower auto insurance rates considerably.
Deductible comparison
One of the most common auto insurance questions is where should you set your physical damage deductibles. The data tables below may help you to understand the price difference between low and high physical damage deductibles. The first rate quote example uses a $100 deductible for physical damage and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $328 | $592 | $324 | $20 | $96 | $1,385 | $115 |
| Cooper 2-Dr Convertible | $328 | $592 | $252 | $14 | $76 | $1,287 | $107 |
| Cooper S 2-Dr Hatchback | $328 | $698 | $324 | $20 | $96 | $1,491 | $124 |
| Cooper S 2-Dr Convertible | $370 | $698 | $252 | $14 | $76 | $1,435 | $120 |
| Cooper John Cooper Works 2-Dr Hatchback | $370 | $698 | $324 | $20 | $96 | $1,533 | $128 |
| Cooper John Cooper Works 2-Dr Convertible | $412 | $804 | $252 | $14 | $76 | $1,583 | $132 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $182 | $312 | $324 | $20 | $96 | $934 | $78 |
| Cooper 2-Dr Convertible | $182 | $312 | $252 | $14 | $76 | $836 | $70 |
| Cooper S 2-Dr Hatchback | $182 | $368 | $324 | $20 | $96 | $990 | $83 |
| Cooper S 2-Dr Convertible | $206 | $368 | $252 | $14 | $76 | $916 | $76 |
| Cooper John Cooper Works 2-Dr Hatchback | $206 | $368 | $324 | $20 | $96 | $1,014 | $85 |
| Cooper John Cooper Works 2-Dr Convertible | $228 | $424 | $252 | $14 | $76 | $994 | $83 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Estimates do not factor in your specific Dallas location which can affect insurance rates substantially.
Based on this data, using a $100 deductible will cost in the ballpark of $42 more each month or $504 for a full year across all Mini Cooper models than buying the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 21 months between claim filings, you would save money if you choose the higher deductible. The table below shows how you can perform this determination yourself.
| Average monthly premium for $100 deductibles: | $121 |
| Average monthly premium for $1,000 deductibles (subtract): | – $79 |
| Monthly savings from raising deductible: | $42 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $42 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
The example below highlights how deductible choice and can affect Mini Cooper annual premium costs for different age groups. The price estimates are based on a single male driver, comprehensive and collision coverage, and no discounts are applied.
Do you need full coverage?
The chart below shows the difference between Mini Cooper insurance costs with and without full coverage. The price estimates are based on no claims or driving citations, $1,000 deductibles, single status, and no additional discounts are factored in.
Should you pay for full coverage or liability only?
There is no clear-cut formula to exclude comp and collision coverage, but there is a general guideline. If the annual cost of having full coverage is 10% or more of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Mini Cooper claim settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $7,000 after you pay the deductible. If premiums are more than $700 annually for your policy with full coverage, then it might be time to buy liability only.
There are some cases where dropping physical damage coverage is not in your best interest. If you haven’t satisfied your loan, you have to maintain full coverage to protect the lienholder’s interest. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
Do I need a local insurance agent?
Many drivers would prefer to buy from a local agent and we recommend doing that One of the benefits of comparing rates online is that you can obtain cheap insurance rates and still have an agent to talk to.
After completing this form (opens in new window), the quote information is immediately sent to local insurance agents in Dallas that can give you free Dallas car insurance quotes for your insurance coverage. It’s much easier because you don’t need to drive around since price quotes are sent to you. You can find better rates without a big time investment. If for some reason you want to compare rates from one company in particular, you just need to jump over to their website and fill out their quote form.
Selecting a insurer shouldn’t rely on just a cheap quote. Here are some questions to ask:
- Will they make sure you get an adequate claim settlement?
- Do they have designations such as AIC, CPCU, or CIC?
- Which family members are covered?
- Can you choose the body shop in case repairs are needed?
- Will the agent or a CSR service your policy?
- What are the financial ratings for the companies they represent?
- If your car is totaled, how to they determine the replacement cost?
When looking for a reliable insurance agent, you should know the types of agencies to choose from. Agencies in Dallas are either independent agents or exclusive agents depending on their employer.
Exclusive Agents
These type of agents have only one company to place business with such as Allstate, AAA, Farmers Insurance, and State Farm. These agents are unable to compare rates from other companies so they have no alternatives for high prices. These agents are trained well on their company’s products which helps them compete with independent agents.
The following is a list of exclusive insurance agents in Dallas that can give you price quote information.
Steve Barnes – State Farm Insurance Agent
4403 N Central Expy, Ste 100 – Dallas, TX 75205 – (214) 515-9900 – View Map
John Hamman – State Farm Insurance Agent
8330 Abrams Rd #104 – Dallas, TX 75243 – (214) 341-3050 – View Map
John Hall – State Farm Insurance Agent
3110 Webb Ave #205 – Dallas, TX 75205 – (972) 807-2051 – View Map
Independent Insurance Agents
Agents that elect to be independent do not write with just one company and that gives them the ability to insure with many different companies and find the cheapest rate. If your premiums go up, the business is moved internally and you stay with the same agent.
If you are comparing insurance prices, we highly recommend that you include price quotes from a few independent agents to have the best price comparison.
Below are independent insurance agents in Dallas who can help you get price quotes.
Nationwide Insurance: Comparable Insurance Agency Inc
9750 Walnut St Ste 106 – Dallas, TX 75243 – (214) 575-2750 – View Map
Frederiksen and Frederiksen Insurance
12900 Preston Rd #500 – Dallas, TX 75230 – (972) 387-8646 – View Map
Steven Graves Insurance
11300 N Central Expy #430 – Dallas, TX 75243 – (214) 599-0808 – View Map
After talking to the agent and getting acceptable answers to all your questions and a good coverage price, it’s a good possibility that you have found an insurance agent that can be trusted to adequately provide insurance.
Four factors that determine insurance rates
Many different elements are considered when pricing auto insurance. Some are obvious such as your driving history, but others are more obscure like where you live or how safe your car is. A large part of saving on auto insurance is knowing the rating factors that come into play when calculating auto insurance rates. When you understand what impacts premium levels, this helps enable you to make changes that could help you find much lower annual insurance costs.
- Pleasure use saves money – Driving more miles annually the more you will pay for auto insurance. The majority of insurers apply a rate based on their usage. Autos used primarily for pleasure use receive better premium rates compared to those used for work or business. Make sure your auto insurance declarations sheet properly reflects annual mileage. Having the wrong rating on your Cooper may be wasting your money.
- Marriage pays dividends – Your spouse can actually save you money on auto insurance. Marriage generally demonstrates drivers are more mature than a single person and statistics prove married drivers get in fewer accidents.
- Keep prices low by being claim-free – Insurance companies in Texas give better rates to policyholders who file claims infrequently. If you’re an insured who likes to file claims you can expect higher premiums or even policy non-renewal. Your insurance policy is designed for the bigger claims that can’t be paid out-of-pocket.
- Cars with good safety ratings lower rates – Vehicles with good safety scores tend to have lower insurance rates. Safer cars have better occupant injury protection and lower injury rates translates into savings for insurance companies and more competitive rates for policyholders.
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Insurance loss data for Mini Cooper vehicles – Auto insurance companies use past insurance losses when they calculate premium prices for each model. Vehicles that the data determines to have higher claim frequency or loss amount will have higher rates. The information below illustrates the loss history for Mini Cooper vehicles.
For each coverage type, the statistical loss for all vehicles, regardless of make or model, is considered to be 100. Numbers that are below 100 indicate better than average losses, while values that are above 100 point to more losses or a tendency for losses to be larger than average.
Auto Insurance Loss Data for Mini Cooper Models Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Mini Cooper 92 72 114 74 74 85 Mini Cooper Convertible 80 72 100 57 Mini Cooper Coupe 72 60 Mini Cooper Roadster Convertible 57 50 78 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Auto insurance is not optional
Despite the high cost, paying for auto insurance is not optional due to several reasons.
First, almost all states have compulsory liability insurance requirements which means you are required to carry specific limits of liability protection in order to be legal. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you bought your Cooper with a loan, more than likely the lender will force you to carry insurance to protect their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your Mini for a lot more money and force you to reimburse them much more than you were paying before.
Third, auto insurance protects not only your Mini Cooper but also your financial assets. Insurance will pay for many types of medical costs incurred in an accident. One policy coverage, liability insurance, also covers legal expenses if you cause an accident and are sued. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying adequate insurance more than offset the price you pay, especially if you ever need it. But the average American driver is currently overpaying as much as $865 each year so compare quotes from several companies at every policy renewal to ensure rates are inline.
Cheaper auto insurance is a realistic goal
We covered some good ideas how to lower your Mini Cooper insurance car insurance rates in Dallas. It’s most important to understand that the more companies you get premium rates for, the better likelihood of getting low cost Dallas car insurance quotes. Consumers may even find the lowest car insurance rates come from some of the smallest insurance companies. These smaller insurers may have significantly lower premium rates on certain market segments than their larger competitors like Progressive or GEICO.
As you prepare to switch companies, don’t be tempted to skimp on coverage in order to save money. Too many times, drivers have reduced uninsured motorist or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy enough coverage at the best possible price but still have enough coverage for asset protection.
Additional information
- Should I Buy a New or Used Car? (Allstate)
- Who Has the Cheapest Auto Insurance for Government Employees in Dallas? (FAQ)
- Who Has Affordable Car Insurance Quotes for Inexperienced Drivers in Dallas? (FAQ)
- What Insurance is Cheapest for 16 Year Olds in Dallas? (FAQ)
- Who Has Affordable Auto Insurance Rates for Drivers Over Age 70 in Dallas? (FAQ)
- Who Has Affordable Dallas Auto Insurance for High Mileage Drivers? (FAQ)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Insurance losses by make and model (Insurance Institute for Highway Safety)