Are you tired of overpaying and want more affordable Mini Cooper insurance in Columbia? Trying to come up with a payment for high-priced car insurance can eat up your budget and force you to make sacrifices. Performing a rate comparison is free, only takes a few minutes, and is a good way to lower your monthly bill.
A recent car insurance study discovered that the majority of drivers kept their coverage with the same car insurance company for over three years, and nearly the majority have never compared rates with other companies. Most drivers in South Carolina can save as much as $750 each year just by shopping around, but they underestimate how much savings they would realize if they moved their coverage to a different company. Due to the fact that there are so many insurance companies to choose from that have cheap insurance for a Mini Cooper in Columbia, it can be hard to pick a lower cost insurer.
Cheap companies for Mini Cooper insurance
The companies shown below are ready to provide price quotes in Columbia, SC. If more than one company is shown, we suggest you click on several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Cooper 2-Dr Hatchback||$168||$304||$278||$16||$84||$850||$71|
|Cooper 2-Dr Convertible||$166||$298||$212||$12||$64||$752||$63|
|Cooper S 2-Dr Hatchback||$206||$446||$278||$16||$84||$1,030||$86|
|Cooper S 2-Dr Convertible||$186||$350||$212||$12||$64||$824||$69|
|Cooper John Cooper Works 2-Dr Hatchback||$286||$612||$304||$18||$92||$1,312||$109|
|Cooper John Cooper Works 2-Dr Convertible||$262||$476||$230||$14||$68||$1,050||$88|
|Get Your Own Custom Quote Go|
Premium data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and South Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Information does not factor in the specific area where the vehicle is garaged which can revise premium rates significantly.
Annual premiums for males versus females in Columbia
The illustration below visualizes the comparison of Mini Cooper annual premium costs for male and female drivers. The premiums assume no claims, a clean driving record, full coverage, $500 deductibles, drivers are not married, and no discounts are applied to the premium.
Get cheap rates by taking advantage of discounts
Companies do not advertise every discount in a way that's easy to find, so we took the time to find some of the more common and also the more inconspicuous credits available to you.
- Auto/Home Discount - If you can bundle your home and auto insurance and insure them both with the same insurance company you may earn over 10 percent off each policy depending on the company.
- Low Miles Discount - Maintaining low annual mileage could earn slightly better premium rates than normal.
- New Vehicle Savings - Buying insurance on a new vehicle may earn a small discount compared to insuring an older model.
- Telematics Devices - People who choose to allow data collection to monitor driving patterns by using a telematics device in their vehicle such as Progressive's Snapshot and State Farm's In-Drive may see discounts if they have good driving habits.
- Defensive Driver Discount - Successfully completing a course that instructs on driving safety could save 5% or more depending on where you live.
- More Vehicles More Savings - Having multiple vehicles on one policy can get a discount on all vehicles.
It's important to note that some credits don't apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as comp or med pay. Even though the math looks like it's possible to get free car insurance, nobody gets a free ride. But all discounts will definitely reduce your overall premium however.
A few popular companies and a selection of discounts are:
- Travelers may have discounts that include IntelliDrive, continuous insurance, save driver, multi-policy, payment discounts, and early quote.
- 21st Century has discounts for air bags, anti-lock brakes, theft prevention, defensive driver, automatic seat belts, 55 and older, and teen driver.
- State Farm may include discounts for anti-theft, defensive driving training, good student, passive restraint, safe vehicle, driver's education, and Drive Safe & Save.
- GEICO offers premium reductions for driver training, multi-policy, air bags, good student, anti-lock brakes, multi-vehicle, and federal employee.
- SAFECO has savings for teen safety rewards, bundle discounts, safe driver, anti-theft, drive less, homeowner, and anti-lock brakes.
- AAA discounts include pay-in-full, multi-policy, good driver, multi-car, education and occupation, good student, and anti-theft.
Check with each company which discounts they offer. Some credits may not be offered in your area.
You Can Change Your Insurance Costs
Multiple criteria are part of the calculation when quoting car insurance. Some of the criteria are obvious like an MVR report, although others are less apparent such as your credit history and annual miles driven. A large part of saving on auto insurance is knowing some of the factors that come into play when calculating the level of your policy premiums. If you have some idea of what influences your rates, this empowers consumers to make smart changes that could help you find lower rates.
Listed below are just a few of the factors used by insurance companies to determine your prices.
Battle of the sexes - Statistics show that females tend to be a little less risky than males. However, this does not mean men are worse drivers. Males and females have accidents in similar percentages, but the males have accidents that have higher claims. Men also get more serious tickets like driving under the influence (DUI).
Accidents mean higher costs - Even one ticket may cause rates to rise substantially. Attentive drivers pay lower auto insurance prices than people who have multiple driving citations. Drivers unfortunate enough to have license-revoking citations such as DUI, reckless driving or excessive speeding are required to file a SR-22 with the DMV in their state in order to continue driving.
Auto insurance rates and your vocation - Did you know your career choice can influence rates? Careers like lawyers, architects and medical professionals generally pay higher premium rates in part from high stress and incredibly demanding work hours. On the flip side, careers such as scientists, students and the unemployed have lower than average premiums.
Advanced GPS tracking and theft deterrents - Owning a car with an alarm system can get you a discount on your auto insurance. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder vehicle theft.
Impacts performance impacts rates - The type of car you own makes a substantial difference in how high your rates are. The lowest rates are usually found on lower performance four cylinder passenger vehicles, but many other things help determine your insurance rates. Since the Mini Cooper falls in the compact car class, insurance will be the same to a little lower as compared to the average rate in Columbia.
Do you know you're credit rating? - An insured's credit score can be a huge factor in determining what you pay for auto insurance. If your credit is lower than you'd like, you could potentially save money when insuring your Mini Cooper by spending a little time repairing your credit. Drivers who have very good credit scores tend to be better drivers and file fewer claims than drivers with bad credit.
Drive a safer car and pay less - Vehicles with good safety scores tend to be cheaper to insure. Vehicles engineered for safety result in less severe injuries and lower injury rates means less money paid by your insurance company which can mean better rates for you.
Cheaper premiums for prior coverage - Allowing your coverage to lapse is a quick way to trigger a rate increase. And not only will insurance be more expensive, getting caught without coverage will get you a steep fine or even jail time. You could then be forced to submit proof of financial responsibility or a SR-22 with the South Carolina department of motor vehicles.
Insurance loss data for Mini Cooper vehicles - Car insurance companies use historical loss data when setting rates for each model. Vehicles that the data determines to have a trend towards higher claim severity or frequency will have increased rates. The next table shows the compiled insurance loss statistics for Mini Cooper vehicles.
For each type of coverage, the statistical loss for all vehicles combined as an average is a value of 100. Numbers below 100 represent a good loss history, while values over 100 indicate more frequent claims or a tendency for claims to be larger.
Insurance Loss Ratings for Mini Cooper Vehicles
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Mini Cooper Convertible||80||72||100||57|
|Mini Cooper Coupe||72||60|
|Mini Cooper Roadster Convertible||57||50||78|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Car insurance can get complicated
When buying your policy, there isn't really a best way to insure your cars. Everyone's situation is a little different and your policy should reflect that. For example, these questions can help discover whether your personal situation might need an agent's assistance.
- Do all my vehicles need collision coverage?
- What companies insure drivers after a DUI or DWI?
- When should I remove my kid from my policy?
- Does my insurance cover damage caused when ticketed for reckless driving?
- Is my son or daughter covered when driving my car?
- Are my company tools covered if they get stolen?
- Does my policy pay for OEM or aftermarket parts?
- Can I get by with minimal medical coverage if I have good health insurance?
- How much cheaper are high deductibles?
If you're not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.
Buying car insurance from Columbia auto insurance agents
Many drivers prefer to have an agent's advice and that can be a smart move Experienced insurance agents can point out coverage gaps and will help you if you have claims. A good thing about comparing rate quotes online is the fact that you can find cheap car insurance quotes and still buy from a local agent.
To make it easy to find an agent, after completing this simple form, the coverage information is instantly submitted to agents in your area that give free quotes for your coverage. You won't need to find an agent because quoted prices will be sent to your email. If for some reason you want to compare prices for a specific company, feel free to find their quoting web page and give them your coverage information.
Selecting a insurance company requires you to look at more than just the quoted price. Here are some questions you might want to ask.
- Will the quote change when the policy is issued?
- Are you getting all the discounts the company offers?
- Are they actively involved in the community?
- What is the financial rating for the quoted company?
- Do they offer rental car reimbursement?
- Which family members are covered?
When narrowing the list to find a reputable agency, there are two types of agencies that you can choose from. Agents are classified as either exclusive or independent agents depending on their company appointments. Both sell affordable car insurance policies, but we need to point out the subtle differences because it can influence the type of agent you choose.
Exclusive Insurance Agents
Exclusive agencies have only one company to place business with such as American Family, State Farm, and AAA. These agents are not able to give you multiple price quotes so they have no alternatives for high prices. Exclusive agencies receive a lot of sales training in insurance sales which can be an advantage.
Shown below are exclusive agencies in Columbia that are able to give price quotes.
Independent Insurance Agents
Agents that choose to be independent are not restricted to one company so they have the ability to put coverage through lots of different companies and get the cheapest rates. If they quote lower rates, they simply move the coverage in-house and the insured can keep the same agent.
If you are comparing rate quotes, we recommend you include several independent agencies to ensure the widest selection of prices.
The following are independent insurance agencies in Columbia willing to provide rate quotes.
Nationwide Insurance - Clark Farley Ins Agency Inc
8313 Two Notch Rd - Columbia, SC 29223 - (803) 788-4211 - View Map
Insurance buyers beware
South Carolina drivers can't escape the ads for insurance savings from companies such as State Farm and Allstate. They all seem to make the promise that people will save if you move your coverage.
That's great but how can every company make almost identical claims? Here is how they do it.
Different companies have a preferred profile for the type of insured that will generate a profit. A good example of a driver they prefer could possibly be over the age of 45, owns their home, and drives less than 5,000 miles a year. Anyone who matches those parameters will most likely get cheap prices and most likely will save when they switch companies.
People who fall short of these standards may receive a higher premium and this can result in the driver buying from a lower-cost company. If you pay close attention to the ads, they say "customers who switch" not "everyone that quotes" save that much money. This is how insurance companies can confidently make those statements. This really drives home the point why drivers should compare many company's prices. It's not possible to predict which insurance companies will have the best premium rates at this point in time.
More comparisons equals affordable rates
We just showed you a lot of tips how to compare Mini Cooper insurance premium rates in Columbia. It's most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the biggest savings come from some of the smallest insurance companies. These companies may cover specific market segments cheaper compared to the large companies like State Farm and Allstate.
As you prepare to switch companies, it's not a good idea to buy less coverage just to save a little money. There are too many instances where drivers have reduced liability coverage limits and found out when filing a claim that they should have had better coverage. The ultimate goal is to buy the best coverage you can find at the best price while still protecting your assets.
Budget-friendly insurance in Columbia is possible online in addition to many Columbia insurance agents, so get free Columbia car insurance quotes from both of them to get a complete price analysis. A few companies may not offer rate quotes online and many times these smaller companies sell through local independent agents.
For more information, feel free to browse these articles:
- Help Your Teen Be a Better Driver (State Farm)
- How Much is Auto Insurance for Drivers Under 25 in South Carolina? (FAQ)
- What is the Cheapest Auto Insurance in Anderson, South Carolina? (FAQ)
- Who Has Cheap Car Insurance Quotes for a Honda Accord in South Carolina? (FAQ)
- Who Has the Cheapest South Carolina Car Insurance for Low Income Drivers? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers with a DUI in South Carolina? (FAQ)
- Car Insurance FAQ (Trusted Choice)
- Where can I buy Insurance? (Insurance Information Institute)