Did you come to the realization that you have an underperforming, overpriced car insurance policy? You're preaching to the choir because there are lots of people in the same boat.

Insurance rates Mini Cooper in DenverA recent survey discovered that almost 70% of drivers in Colorado have remained with the same car insurance company for four years or more, and nearly the majority have never even shopped around for affordable coverage. American drivers can cut their rates by roughly $860 a year, but most just don't grasp how much money they would save if they switch to a new company.

Due to the large number of companies and agents to choose from, it can be challenging to find the most cost effective insurance company.

Finding the cheapest car insurance coverage in Denver is actually not that difficult if you follow our advice. Basically, anyone who needs cheaper car insurance will more than likely be able to cut their insurance bill. Nevertheless, Colorado car owners benefit from understanding the methods companies use to price online insurance because it varies considerably.

Companies offering cheap Mini Cooper rate quotes in Denver, CO

The following companies can provide quotes in Colorado. If multiple companies are shown, we recommend you visit as many as you can to find the most competitive car insurance rates.

Mini Cooper Insurance Costs in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cooper 2-Dr Hatchback $214 $362 $304 $18 $92 $990 $83
Cooper 2-Dr Convertible $214 $362 $236 $14 $70 $896 $75
Cooper S 2-Dr Hatchback $266 $620 $362 $22 $108 $1,378 $115
Cooper S 2-Dr Convertible $250 $434 $232 $14 $70 $1,000 $83
Cooper John Cooper Works 2-Dr Hatchback $162 $332 $338 $20 $102 $954 $80
Cooper John Cooper Works 2-Dr Convertible $266 $528 $222 $14 $66 $1,096 $91
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Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Premium amounts do not factor in specific zip code location which can change rates considerably.

Choosing deductibles

When comparing auto insurance rates, the most common question is where to set your physical damage deductibles. The rates below help summarize the rate difference between low and high comp and collision deductibles. The first rate quote example uses a $100 deductible for comp and collision and the second set of prices uses a $1,000 deductible.

Mini Cooper insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cooper 2-Dr Hatchback $302 $546 $298 $18 $90 $1,279 $107
Cooper 2-Dr Convertible $302 $546 $232 $14 $70 $1,189 $99
Cooper S 2-Dr Hatchback $302 $644 $298 $18 $90 $1,377 $115
Cooper S 2-Dr Convertible $342 $644 $232 $14 $70 $1,327 $111
Cooper John Cooper Works 2-Dr Hatchback $342 $644 $298 $18 $90 $1,417 $118
Cooper John Cooper Works 2-Dr Convertible $380 $740 $232 $14 $70 $1,461 $122
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Mini Cooper insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cooper 2-Dr Hatchback $168 $288 $298 $18 $90 $862 $72
Cooper 2-Dr Convertible $168 $288 $232 $14 $70 $772 $64
Cooper S 2-Dr Hatchback $168 $340 $298 $18 $90 $914 $76
Cooper S 2-Dr Convertible $190 $340 $232 $14 $70 $846 $71
Cooper John Cooper Works 2-Dr Hatchback $190 $340 $298 $18 $90 $936 $78
Cooper John Cooper Works 2-Dr Convertible $210 $390 $232 $14 $70 $916 $76
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Premium amounts do not factor in Denver location which can alter coverage prices substantially.

Based on these figures, using a $100 deductible will cost in the ballpark of $39 more each month or $468 annually than buying the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 23 months between claims, you would save more money if you choose a higher deductible.

Careless drivers pay higher rates

The chart below shows how traffic citations and at-fault fender-benders can increase Mini Cooper auto insurance costs for different ages of insureds. The rate quotes are based on a married female driver, full coverage, $500 deductibles, and no other discounts are factored in.

Affordable Denver insurance quotes with discounts

Not too many consumers would say insurance is affordable, but you may find discounts that could drop your premiums quite a bit. Certain discounts will be triggered automatically when you get a quote, but some discounts are required to be specifically requested before you will receive the discount. If you do not check that you are getting every discount possible, you are just wasting money.

Keep in mind that most credits do not apply to the whole policy. Most cut specific coverage prices like liability, collision or medical payments. So even though you would think all those discounts means the company will pay you, you aren't that lucky.

Some companies that possibly offer most of these discounts may include but are not limited to:

When getting a coverage quote, ask each company how you can save money. Some discounts listed above may not be available in your area.

Everyone needs different insurance coverages

Always remember that when buying adequate coverage for your vehicles, there really is not a cookie cutter policy. Everyone's situation is a little different.

Here are some questions about coverages that could help you determine if your insurance needs could use an agent's help.

If you're not sure about those questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form.

Independent and exclusive car insurance agents

Some consumers just want to buy from a licensed agent and often times that is recommended A nice benefit of price shopping on the web is the fact that drivers can get cheap rate quotes and still have a local agent.

Insurance agency in DenverAfter completing this simple form, your information is submitted to insurance agents in Denver who will return price quotes for your insurance coverage. You won't need to contact an agency due to the fact that quote results will go to the email address you provide. It's the lowest rates AND a local agent. If you have a need to get a price quote from a specific company, you would need to visit that company's website and complete a quote there.

Selecting a insurance company requires you to look at more than just the bottom line cost. Here are some questions you should ask.

Exclusive or Independent: There is a difference

When looking for an insurance agent, there are two different types of agents and how they operate. Agencies in Denver are categorized either independent or exclusive.

Exclusive Auto Insurance Agencies

These type of agents are contracted to one company like Farmers Insurance and State Farm. These agents are not able to provide rate quotes from other companies so you need to shop around if the rates are high. These agents are well trained on the products they sell which helps them sell insurance even at higher premiums.

The following are exclusive insurance agencies in Denver that are able to give price quotes.

1855 S Pearl St Ste 100 - Denver, CO 80210 - (303) 862-4579 - View Map

2955 Inca St #1b - Denver, CO 80202 - (303) 825-7909 - View Map

2401 E 6th Ave - Denver, CO 80206 - (303) 722-1139 - View Map

View more Denver agents

Independent Agents

Independent agents often have affiliation with several companies so they can write business with any number of different companies and find you the best rates. To move your coverage to a new company, they simply move your policy to a different company and you don't have to do anything.

If you need cheaper auto insurance rates, you will definitely want to get rate quotes from at a minimum one independent agency so that you have a good selection of quotes to compare.

Below are Denver independent insurance agents that are able to give price quote information.

1400 S Columbine St - Denver, CO 80210 - (970) 230-3020 - View Map

1735 E 17th Ave #3 - Denver, CO 80218 - (303) 388-7216 - View Map

4704 Harlan St #360 - Denver, CO 80212 - (303) 237-5445 - View Map

View more Denver agents

After talking to the agent and getting satisfactory answers to your questions and low cost Mini Cooper insurance quotes, you've probably found an insurance agency that meets the criteria to properly service your auto insurance policy. It's important to know that it's your policy and you can cancel your policy at any point so never assume you are locked into any particular company indefinitely.

Auto insurance coverage breakdown

Understanding the coverages of your auto insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Coverage for medical payments - Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like surgery, chiropractic care, rehabilitation expenses, doctor visits and pain medications. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverages - This pays for damage to your Cooper caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as hitting a mailbox, damaging your car on a curb, crashing into a building, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to raise the deductible on your Cooper in order to get cheaper collision rates.

Comprehensive coverages - Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as rock chips in glass, vandalism, theft and falling objects. The highest amount you'll receive from a claim is the ACV or actual cash value, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

Coverage for liability - This can cover damages or injuries you inflict on a person or their property in an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/15 which stand for $25,000 in coverage for each person's injuries, $50,000 for the entire accident, and a limit of $15,000 paid for damaged property.

Liability coverage protects against claims like medical services, pain and suffering, medical expenses, legal defense fees and loss of income. The amount of liability coverage you purchase is a personal decision, but consider buying as high a limit as you can afford. Colorado requires minimum liability limits of 25/50/15 but you should consider buying better liability coverage.

Uninsured and underinsured coverage - Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don't have enough coverage. It can pay for hospital bills for your injuries as well as damage to your Mini Cooper.

Because many people only carry the minimum required liability limits (which is 25/50/15), it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Persistence is the key to cheaper rates

When trying to cut insurance costs, it's very important that you do not buy poor coverage just to save money. In many instances, an accident victim reduced uninsured motorist or liability limits to discover at claim time that it was a big error on their part. Your focus should be to purchase a proper amount of coverage at the lowest possible cost, not the least amount of coverage.

Consumers leave their current company for a variety of reasons including delays in responding to claim requests, questionable increases in premium, delays in paying claims or even extreme rates for teen drivers. Whatever your reason, finding the right insurance provider can be less work than you think.

Throughout this article, we presented a lot of information how to compare Mini Cooper insurance rates in Denver. The key thing to remember is the more providers you compare, the better your chances of lowering your car insurance rates. You may even discover the most savings is with a small mutual company.

Additional information