Cheap 2009 MINI Cooper Car Insurance Rates

If shopping for auto insurance quotes online is new to you, you can be overwhelmed by the vast number of car insurance companies all claiming to have the lowest rates.

Cheaper rates by taking advantage of discounts

Insurance can be pricey, but you might already qualify for some discounts that can dramatically reduce your bill. Some trigger automatically at the time of purchase, but less common discounts must be asked for before they will apply.

• Bundle and Save – If you can bundle your home and auto insurance and insure them with the same company you may earn nearly 15% which can help you find cheap auto insurance.
• Memberships – Being in specific professional or occupational memberships or organizations is a good way to get lower rates when getting a auto insurance quote.
• Telematics Data – Insureds who allow companies to scrutinize their driving habits by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if their driving habits are good.
• Low Mileage – Low annual miles can qualify you for substantially lower prices.
• Safe Driver Discount – Safe drivers can pay as much as 50% less for Cooper insurance compared to accident prone drivers.
• Multiple Vehicles – Drivers who insure multiple cars or trucks on the same insurance policy could earn a price break for each car.
• Include Life Insurance and Save – Select insurance carriers reward you with a break if you buy a life insurance policy as well.
• Payment Method – If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
• Good Student – Getting good grades may save as much as 25% on a auto insurance quote. You can use this discount normally well after school through age 25.
• College Student Discount – living away from home attending college and do not have a car could get you a discount.

Don’t be shocked that most credits do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Even though the math looks like having all the discounts means you get insurance for free, you’re out of luck.

A list of insurance companies and a summarized list of policyholder discounts are included below.

• State Farm offers premium reductions for student away at school, anti-theft, defensive driving training, multiple autos, and accident-free.
• American Family may have discounts that include mySafetyValet, defensive driver, air bags, multi-vehicle, and bundled insurance.
• AAA discounts include AAA membership discount, good student, multi-car, anti-theft, and multi-policy.
• Geico may include discounts for multi-policy, defensive driver, emergency military deployment, anti-lock brakes, and driver training.
• Mercury Insurance offers discounts for age of vehicle, multi-car, anti-theft, good driver, and type of vehicle.
• Farmers Insurance policyholders can earn discounts including teen driver, distant student, early shopping, homeowner, switch companies, and multi-car.
• Progressive has discounts for good student, online signing, homeowner, multi-policy, and online quote discount.

If you want inexpensive auto insurance quotes, ask each company or agent which discounts can lower your rates. Some of the discounts discussed earlier may not apply to policies in your state. If you would like to see a list of insurance companies that offer multiple discounts, click this link.

How much auto insurance do I need?

When it comes to buying the right insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s situation is a little different.

For example, these questions can aid in determining if you would benefit from an agent’s advice.

• How can I get my company to pay me more for my totalled car?
• Should I rate my 2009 MINI Cooper as pleasure use or commute?
• How does medical payments coverage work?
• Can my teen driver be rated on a liability-only vehicle?
• Can I afford to pay high deductible claims out of pocket?
• Are my tools covered if they get stolen from my vehicle?
• How much liability insurance is required?
• Do all my vehicles need collision coverage?
• Where can I get insurance after a DUI in my state?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Car insurance policy coverages for a 2009 MINI Cooper

Learning about specific coverages of your car insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Collision coverage – This covers damage to your Cooper from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like hitting a mailbox, sustaining damage from a pot hole and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for expenses for things like ambulance fees, doctor visits and nursing services. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability coverage – Liability insurance will cover damage or injury you incur to a person or their property in an accident. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as repair bills for other people’s vehicles, attorney fees, structural damage, legal defense fees and pain and suffering. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

UM/UIM Coverage – This protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your MINI Cooper.

Since a lot of 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 should not be overlooked.

Comprehensive or Other Than Collision – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like falling objects, theft and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Get your money’s worth

You just read a lot of ways to compare 2009 MINI Cooper insurance premium rates online. It’s most important to understand that the more providers you compare, the higher your chance of finding cheap auto insurance. Drivers may discover the most savings is with the smaller companies.

Cheaper 2009 MINI Cooper insurance can be sourced both online and also from your neighborhood agents, and you should compare price quotes from both to have the best rate selection. Some insurance coverage companies may not have online price quotes and usually these smaller providers work with local independent agencies.

People change insurance companies for a variety of reasons including lack of trust in their agent, high rates after DUI convictions, denial of a claim and policy cancellation. Regardless of your reason for switching companies, choosing a new insurance company is less work than it seems.

Additional detailed information can be found in the articles below:

• Credit and Insurance Scores (Insurance Information Insitute)
• Auto Insurance 101 (About.com)
• Understanding your Policy (NAIC.org)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• Older Driver Statistics (Insurance Information Insitute)