To save the most money, the best way to find the cheapest price for Mini Cooper insurance in Portland is to compare prices once a year from providers who sell insurance in Oregon. Prices can be compared by following these steps.
- First, try to learn about the different coverages in a policy and the measures you can take to prevent expensive coverage. Many rating criteria that cause high rates such as traffic tickets, fender benders, and a lousy credit rating can be rectified by improving your driving habits or financial responsibility. This article gives additional tips to find cheap rates and get bigger discounts that may have been overlooked.
- Second, compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from one company like Progressive or Allstate, while agents who are independent can provide price quotes for a wide range of insurance providers.
- Third, compare the price quotes to your existing policy and determine if cheaper Cooper coverage is available in Portland. If you find a lower rate quote and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
The most important part of shopping around is to try to compare identical coverages on every quote request and and to get prices from every insurance company. Doing this guarantees a fair rate comparison and a better comparison of the market.
A recent insurance study discovered that the vast majority of drivers have purchased from the same company for at least four years, and roughly 40% of drivers have never compared insurance rates at all. With the average premium in Oregon being $1,735, drivers could save up to 60% each year by just comparing rate quotes, but they don’t know the amount of money they would save if they bought a different policy.
Get affordable rates on Mini Cooper insurance in Portland with these seven auto insurance discounts
Auto insurance companies don’t necessarily list every possible discount in an easy-to-find place, so the following is a list of some of the more common in addition to some of the lesser obvious ways to save on auto insurance.
- Low Mileage Discounts – Low annual miles may allow you to get lower auto insurance rates on the low mileage vehicles.
- Bundle and Save – If you can bundle your home and auto insurance with the same insurance company you may save up to 20% and get you cheaper Cooper insurance.
- Drivers Education – Require your teen driver to enroll in driver’s education if offered at their school.
- Discount for Good Grades – Excelling in school can earn a discount of 20% or more. You can use this discount normally up to age 25.
- Full Payment Discount – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
- Telematics Data Discounts – Drivers who elect to allow their insurance company to study driving patterns by installing a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system could possibly reduce rates if they are good drivers.
- Use Seat Belts – Forcing all vehicle occupants to buckle up before driving can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
One last thing about discounts, many deductions do not apply to all coverage premiums. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, nobody gets a free ride.
The illustration below shows the difference between Mini Cooper car insurance rates with and without discounts applied. The premiums assume a female driver, no tickets, no at-fault accidents, Oregon state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, multi-policy, homeowner, and safe-driver discounts applied.
Companies that have some of the above discounts include:
When quoting, ask every company which discounts can lower your rates. All car insurance discounts may not apply in Portland. To see companies that offer some of these discounts in Oregon, click here.
How to shop Mini Cooper insurance online
All major car insurance companies provide prices online. Doing online quotes for Mini Cooper insurance in Portland doesn’t take a lot of time as you just enter your coverage preferences as requested by the quote form. Once entered, their quoting system makes automated requests for information on your driving record and credit history and provides a quote determined by many factors.
Getting online rates for Mini Cooper insurance in Portland helps simplify price comparisons, and it’s very important to get many rate quotes in order to get the best possible rates on car insurance.
To quickly use this form to compare rates, take a look at the companies shown below. If you currently have coverage, we recommend you input the insurance coverages identical to your current policy. This helps ensure you will have a fair comparison based on similar coverages.
The following companies provide free quotes in Oregon. If multiple companies are listed, it’s a good idea that you visit two to three different companies to get the lowest price.
Rates and information analytics
The price information shown next showcases a range of insurance premium costs for Mini Cooper models. Having a good grasp of how rate quotes are formulated can benefit drivers when making informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $154 | $278 | $256 | $16 | $76 | $780 | $65 |
| Cooper 2-Dr Convertible | $154 | $278 | $198 | $12 | $60 | $702 | $59 |
| Cooper S 2-Dr Hatchback | $154 | $328 | $256 | $16 | $76 | $830 | $69 |
| Cooper S 2-Dr Convertible | $174 | $328 | $198 | $12 | $60 | $772 | $64 |
| Cooper John Cooper Works 2-Dr Hatchback | $174 | $328 | $256 | $16 | $76 | $850 | $71 |
| Cooper John Cooper Works 2-Dr Convertible | $194 | $378 | $198 | $12 | $60 | $842 | $70 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Table data does not factor in specific garaging location which can influence auto insurance rates noticeably.
Policy deductible comparison
When comparing insurance rates, the most common question is what deductibles to buy. The following insurance rates may aid in understanding the price difference between high and low policy deductibles. The first rate estimation uses a $100 physical damage coverage deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $274 | $496 | $272 | $16 | $82 | $1,165 | $97 |
| Cooper 2-Dr Convertible | $274 | $496 | $210 | $12 | $64 | $1,081 | $90 |
| Cooper S 2-Dr Hatchback | $274 | $586 | $272 | $16 | $82 | $1,255 | $105 |
| Cooper S 2-Dr Convertible | $310 | $586 | $210 | $12 | $64 | $1,207 | $101 |
| Cooper John Cooper Works 2-Dr Hatchback | $310 | $586 | $272 | $16 | $82 | $1,291 | $108 |
| Cooper John Cooper Works 2-Dr Convertible | $346 | $674 | $210 | $12 | $64 | $1,331 | $111 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $200 | $336 | $272 | $16 | $82 | $906 | $76 |
| Cooper 2-Dr Convertible | $200 | $336 | $210 | $12 | $64 | $822 | $69 |
| Cooper S 2-Dr Hatchback | $200 | $396 | $272 | $16 | $82 | $966 | $81 |
| Cooper S 2-Dr Convertible | $226 | $396 | $210 | $12 | $64 | $908 | $76 |
| Cooper John Cooper Works 2-Dr Hatchback | $226 | $396 | $272 | $16 | $82 | $992 | $83 |
| Cooper John Cooper Works 2-Dr Convertible | $252 | $456 | $210 | $12 | $64 | $994 | $83 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Price information does not factor in specific location which can impact auto insurance rates noticeably.
Based on the above data, using a $100 deductible costs roughly $24 more each month or $288 a year than choosing the higher $500 deductible. Since you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you have more than 17 months between claim filings, you would probably come out ahead by going with a higher deductible.
How to determine if higher deductibles are a good idea
| Average monthly premium for $100 deductibles: | $102 |
| Average monthly premium for $500 deductibles (subtract): | – $78 |
| Monthly savings from raising deductible: | $24 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $24 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
The illustration below shows how different deductible levels and can increase or decrease Mini Cooper insurance premiums for different age categories. The data is based on a single female driver, comp and collision included, and no discounts are applied to the premium.
Reckless driving habits raise Portland insurance rates
The chart below highlights how speeding tickets and at-fault claims impact Mini Cooper car insurance costs for each age group. The information is based on a single male driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.
Mini Cooper annual premiums for males versus females
The diagram below illustrates the comparison of Mini Cooper car insurance rates for male and female drivers. The premiums assume a clean driving record, no claims, full physical damage coverage, $1,000 deductibles, single marital status, and no discounts are taken into consideration.
Mini Cooper liability-only versus full coverage
The example below illustrates the comparison of Mini Cooper yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Oregon. The prices are based on no claims or driving citations, $500 deductibles, drivers are single, and no discounts are factored in.
When to stop buying comprehensive and collision coverage
There is no exact rule that works best for making the decision to drop physical damage coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s assume your Mini Cooper claim settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after paying your deductible. If it’s costing you more than $200 annually to have full coverage, then you might want to consider buying only liability coverage.
There are some conditions where dropping physical damage coverage is not in your best interest. If you still have a lienholder on your title, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.
Do I just need basic coverages?
When selecting the right insurance coverage, there is no “perfect” insurance plan. You are unique and a cookie cutter policy won’t apply.
Here are some questions about coverages that might help in determining whether or not you would benefit from an agent’s advice.
- Why am I required to get a high-risk car insurance policy?
- What is medical payments coverage?
- Who is covered when they drive my Mini Cooper?
- Does coverage follow the driver or the vehicle?
- Can my babysitter drive my car?
- What is the difference between comprehensive and collision coverage?
- If my Mini Cooper is totaled, can I afford another vehicle?
If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.
When to talk to a local insurance agent
A lot of people still prefer to visit with an insurance agent and that is a smart decision A good thing about comparing insurance online is that you can obtain lower rates and still have a local agent. Supporting local agents is especially important in Portland.
To make it easy to find an agent, after completing this form (opens in new window), the coverage information is sent to local insurance agents who want to provide quotes for your insurance coverage. You won’t need to leave your house because prices are sent instantly to you. You can get cheaper insurance rates and a licensed agent to work with. In the event you want to compare rates for a specific company, just find their quoting web page and fill out the quote form the provide.
When finding a reliable insurance agent, it’s helpful to know the types of agencies and how they are slightly different. Insurance policy providers can either be exclusive agents or independent agents.
Independent Insurance Agents (or Brokers)
Agents in the independent channel often have many company appointments so they can insure your vehicles through many different insurance companies depending on which coverage is best. If they find a cheaper price, they simply move the coverage in-house which requires no work on your part. If you are trying to find cheaper rates, we highly recommend that you get rate quotes from at a minimum one independent agency so that you have a good selection of quotes to compare. Many can place coverage with companies that do not advertise much which can save you money.
Below are independent insurance agents in Portland who can help you get cheap rate quotes.
- Oregon Insurance Advisor – Mark Strauss
5201 SW Westgate Dr #300 – Portland, OR 97221 – (503) 922-4847 – View Map - Wix Insurance Agency
8037 SE Stark St – Portland, OR 97215 – (503) 760-6826 – View Map - Focus 1 Insurance
1500 NW 18th Ave #107 – Portland, OR 97209 – (503) 206-6588 – View Map
Exclusive Insurance Agencies
These type of agents write business for a single company and examples are AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot shop your coverage around so you need to shop around if the rates are high. Exclusive agents are well schooled on the products they sell which helps offset the inability to provide other markets. Some insured continue to choose to use an exclusive agent mainly due to the brand name rather than having low rates.
Shown below are Portland exclusive agencies that can give you price quote information.
- Kilong Ung – State Farm Insurance Agent
4000 SE 82nd Ave #1400 – Portland, OR 97266 – (503) 777-6762 – View Map - Chris Shobe – State Farm Insurance Agent
2900 SE Stark St b – Portland, OR 97214 – (971) 242-8981 – View Map - Allstate Insurance: Dick Hannah Insurance Agency
12345 E Burnside St – Portland, OR 97233 – (360) 816-8439 – View Map
Finding a good insurance agency requires more thought than just the price. The following questions are important to ask.
- What is their Better Business Bureau rating?
- How long have they worked with personal auto insurance coverage?
- How are they compensated?
- Are they involved in claim handling?
- How is replacement cost determined on your vehicle?
- Is there a Errors and Omissions policy in force?
Auto insurance coverage options for a Mini Cooper
Knowing the specifics of your auto insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages available from auto insurance companies.
UM/UIM Coverage – This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and also any damage incurred to your Mini Cooper.
Due to the fact that many Oregon drivers only carry the minimum required liability limits (Oregon limits are 25/50/20), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time these coverages do not exceed the liability coverage limits.
Comprehensive or Other Than Collision – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like damage from flooding, falling objects and a tree branch falling on your vehicle. The maximum amount your auto 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.
Liability car insurance – This can cover damage or injury you incur to other people or property in an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/20 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $20,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.
Liability can pay for things such as attorney fees, medical services, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible. Oregon state law requires minimum liability limits of 25/50/20 but you should think about purchasing more coverage.
The chart below demonstrates why minimum state limits may not provide you with enough coverage.
Collision – Collision insurance pays for damage to your Cooper resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like crashing into a ditch, sustaining damage from a pot hole, rolling your car and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible on your Cooper to save money on collision insurance.
Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like nursing services, doctor visits, rehabilitation expenses and EMT expenses. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage
One last note
When getting Portland car insurance quotes online, make sure you don’t reduce needed coverages to save money. There are many occasions where an accident victim reduced full coverage only to find out that it was a big error on their part. The goal is to purchase a proper amount of coverage at a price you can afford, but do not skimp to save money.
You just read quite a bit of information on how to save on Mini Cooper insurance in Portland. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. Drivers may even discover the lowest priced auto insurance comes from a small local company. They may have significantly lower premium rates on certain market segments than the large multi-state companies such as State Farm, GEICO and Nationwide.
More information
- How do I File a Claim? (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for a Ford Fusion in Portland? (FAQ)
- What Car Insurance is Cheapest for a Chevrolet Silverado in Portland? (FAQ)
- How Much are Portland Car Insurance Quotes for Drivers with a Bad Driving Record? (FAQ)
- Who Has Cheap Portland Auto Insurance Rates for a Dodge Ram? (FAQ)
- Who Has the Cheapest Car Insurance for Drivers with Bad Credit in Portland? (FAQ)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- Vehicle Insurance (Wikipedia)