Save on 2015 MINI Cooper Roadster Insurance Cost

Trying to find better insurance coverage rates for your MINI Cooper Roadster? Overpriced MINI Cooper Roadster insurance can empty your checking account and force you to prioritize other expenses. Comparison shopping is a smart way to cut your insurance bill. Multiple auto insurance companies compete for your business, so it’s not easy to compare every insurance company and get the best coverage at the best price available.

It’s a great practice to price shop coverage yearly due to the fact that insurance rates fluctuate regularly. Just because you had the best deal on Cooper Roadster insurance two years ago you will most likely find a better rate today. So block out anything you think you know about insurance coverage because I’m going to teach you the tricks you need to know to find better rates and still maintain coverage.

How to Compare Auto Insurance

Cutting your auto insurance rates is not a difficult process. You just need to take the time to compare rate quotes online from several insurance companies. It is quite easy and can be accomplished in a couple of different ways.

The best way to compare a lot of rates at once is an all-inclusive rate comparison (click to open form in new window). This method prevents you from having to do separate forms for every auto insurance company. Taking the time to complete one form will get you rate comparisons from many national carriers.

A harder way to shop for auto insurance online requires a visit to the website of each company to complete their respective quote request forms. For examples sake, we’ll assume you want rates from State Farm, Progressive and Liberty Mutual. To get rate quotes you would need to spend time on each company’s site and enter your information, which is why most consumers use the first method.

For a handy list of car insurance company links in your area, click here.

The least recommended way of getting rate comparisons is driving to different agent offices. The internet has reduced the need for local agents unless you prefer the personal advice that only a license agent can provide. Drivers can compare the best prices online but still have the advice of a local agent and we’ll talk about that later.

Whichever method you choose, make absolute certain that you use the exact same coverage limits and deductibles with every price quote. If you have unequal deductibles or liability limits it will be very difficult to determine which rate is truly the best.

Don’t pay full price with these discounts

Car insurance companies don’t always list all their discounts in a way that’s easy to find, so we researched some of the best known and the more hidden discounts you could be receiving. If you aren’t receiving every discount you qualify for, you are paying more than you should be.

  • More Vehicles More Savings – Buying insurance for multiple cars or trucks with the same company can get a discount on all vehicles.
  • Discount for Swiching Early – A few companies offer discounts for signing up before your current expiration date. The savings is around 10%.
  • Life Insurance Discount – Companies who offer life insurance give lower rates if you buy auto and life insurance together.
  • One Accident Forgiven – A handful of insurance companies permit an accident before hitting you with a surcharge if your claims history is clear prior to the accident.
  • Safe Drivers – Drivers who don’t get into accidents may save up to 50% more on Cooper Roadster insurance than less cautious drivers.
  • Resident Student – Any of your kids who attend school more than 100 miles from home and do not have a car may be able to be covered for less.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off the personal injury premium cost.
  • Paperwork-free – A few companies will give a small break for buying a policy and signing up on their website.

It’s important to note that some credits don’t apply the the whole policy. Most only reduce individual premiums such as comp or med pay. So when it seems like all the discounts add up to a free policy, it just doesn’t work that way.

A partial list of companies that may have some of the above discounts include:

It’s a good idea to ask each insurance company which discounts they offer. Discounts may not be available in every state.

Your personal situation dictates your coverage

When buying coverage, there is no “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that can aid in determining if your insurance needs will benefit from professional help.

  • Will I be non-renewed for getting a DUI or other conviction?
  • Can I make deliveries for my home business?
  • Is my teen driver covered when they drive my company car?
  • How does medical payments coverage work?
  • Can I drive in Mexico and have coverage?
  • Am I covered when using my vehicle for business?
  • Do I need motorclub coverage?
  • What if I total my 2015 MINI Cooper Roadster and owe more than it’s worth?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

MINI Cooper Roadster rate determination is complex

Smart consumers have a good feel for the rating factors that help determine the rates you pay for auto insurance. Understanding what controls the rates you pay allows you to make educated decisions that will entitle you to much lower annual insurance costs.

  • Do you qualify for a multi-policy discount? – Some auto insurance companies provide better rates to insureds who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to ten or even up to twenty percent in some cases. If you currently are using one company, it’s still a good idea to compare other company rates to ensure the best deal.
  • Younger drivers pay higher rates – More mature drivers are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations. Teenage drivers tend to be more careless when driving and because of this, their auto insurance rates are much higher.
  • Safer occupants lowers premiums – Vehicles with good safety scores tend to have better insurance rates. Safe vehicles have better occupant injury protection and lower injury rates means lower claim amounts and lower rates for you. If your MINI Cooper Roadster scored better than four stars on Safercar.gov you may qualify for a discount.
  • Being married can save on auto insurance – Being married can actually save you money on auto insurance. It is viewed as being more mature and it’s proven that being married results in fewer claims.
  • Lower miles equals lower premium – Driving more miles every year the higher your rate. Almost all companies price each vehicle’s coverage determined by how the vehicle is used. Cars used primarily for pleasure use get more affordable rates than those used for commuting. Double check that your auto insurance coverage is rated on the proper vehicle usage. If your policy improperly rates your Cooper Roadster can cost quite a bit.
  • Your credit rating is important – A driver’s credit rating is a big factor in your rate calculation. Consumers who have excellent credit tend to be less risk to insure than drivers with lower credit ratings. If your credit score can use some improvement, you could save money insuring your 2015 MINI Cooper Roadster by improving your credit score.
  • Equipment add-ons that lower auto insurance rates – Driving a car with an alarm system can help bring down rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder auto theft.
  • Don’t skimp on liability – The liability section of your policy is the coverage that protects you in the event that you are found to be at fault for damages from an accident. Liability insurance provides you with a defense in court which can be incredibly expensive. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.

Coverages available on your car insurance policy

Understanding the coverages of car insurance helps when choosing the right coverages for your vehicles. Car insurance terms can be confusing and reading a policy is terribly boring. Listed below are the normal coverages available from car insurance companies.

Collision coverages – Collision coverage covers damage to your Cooper Roadster caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as sustaining damage from a pot hole, backing into a parked car and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Auto liability insurance – Liability insurance can cover damage that occurs to other people or property in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover 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. Your policy might show 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 can pay for things like bail bonds, loss of income and structural damage. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Medical expense coverage – Coverage for medical payments and/or PIP kick in for short-term medical expenses such as surgery, hospital visits and nursing services. They can be used in conjunction with a health insurance program or if you do not have health coverage. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Uninsured or underinsured coverage – Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your MINI Cooper Roadster.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive protection – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as vandalism, damage from flooding, theft and damage from a tornado or hurricane. The highest amount your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Make a quick buck

Affordable 2015 MINI Cooper Roadster insurance can be bought both online in addition to many insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance coverage companies do not provide online quoting and many times these smaller companies only sell through independent insurance agents.

As you shop your coverage around, it’s not a good idea to reduce coverage to reduce premium. There have been many situations where someone dropped collision coverage only to regret at claim time they didn’t have enough coverage. Your goal should be to buy the best coverage you can find at a price you can afford.

We just presented many ideas to get a better price on insurance. The key concept to understand is the more quotes you get, the better likelihood of reducing your rate. You may even discover the best price on insurance coverage is with a company that doesn’t do a lot of advertising. Smaller companies may cover specific market segments cheaper compared to the large companies like Allstate, Geico and Progressive.

For more information, feel free to visit these articles: