It’s an obvious conclusion that insurance companies don’t want policyholders to shop around. Drivers who perform rate comparisons will probably switch auto insurance companies because they have good chances of finding a lower-priced company. A study discovered that drivers who compared rates regularly saved about $70 a month compared to other drivers who didn’t regularly shop around.
If saving money on car insurance is the reason you’re reading this, then having some insight into how to get price quotes and compare insurance rates can make the process more efficient.
If you want to save the most money, the best way to find discount Mini Cooper insurance in Jacksonville is to regularly compare quotes from providers in Florida. Price quotes can be compared by completing these steps.
Step 1: Spend a few minutes and learn about policy coverages and the measures you can control to prevent expensive coverage. Many factors that result in higher rates such as accidents, traffic violations, and a negative credit history can be eliminated by being financially responsible and driving safely. Keep reading for more details to find cheap prices and earn a bigger discount.
Step 2: Quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can give quotes from a single company like GEICO and Allstate, while independent agents can provide rate quotes from multiple insurance companies. Start a quote
Step 3: Compare the new quotes to the premium of your current policy to determine if you can save on Cooper insurance in Jacksonville. If you can save money, make sure there is no lapse in coverage.
Step 4: Give proper notification to your current agent or company of your decision to cancel the current policy and submit a completed policy application and payment to your new agent or company. When you receive it, keep your new certificate verifying proof of insurance in a readily accessible location in your vehicle.
One thing to remember is to use the same liability limits and deductibles on every quote request and and to get price quotes from as many auto insurance providers as possible. Doing this enables an apples-to-apples comparison and a complete price analysis.
The are a couple different ways of comparing rates from lots of Florida car insurance companies. The easiest way by far to comparison shop is to get quotes online.
Getting rates online is very simple and it makes it a waste of time to make phone calls or go to and from local Jacksonville insurance agencies. Shopping for car insurance online can eliminate the need for a local agent unless you have a complicated situation and need the trained advice of a licensed agent. It is possible to comparison shop your insurance online but buy from a local insurance agent.
Just remember that quoting more provides better odds of finding the best offered rates.
The auto insurance companies shown below offer free quotes in Jacksonville, FL. If multiple companies are shown, we recommend you visit two to three different companies in order to get a fair rate comparison.
Insurance statistics and figures
The data table below highlights detailed analysis of coverage costs for Mini Cooper models. Having insight into how auto insurance policy rates are determined is important to be able to make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $308 | $636 | $372 | $22 | $112 | $1,450 | $121 |
| Cooper 2-Dr Convertible | $308 | $636 | $290 | $18 | $86 | $1,338 | $112 |
| Cooper S 2-Dr Hatchback | $308 | $748 | $372 | $22 | $112 | $1,562 | $130 |
| Cooper S 2-Dr Convertible | $348 | $748 | $290 | $18 | $86 | $1,490 | $124 |
| Cooper John Cooper Works 2-Dr Hatchback | $348 | $748 | $372 | $22 | $112 | $1,602 | $134 |
| Cooper John Cooper Works 2-Dr Convertible | $388 | $862 | $290 | $18 | $86 | $1,644 | $137 |
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Prices based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Premium costs do not factor in vehicle location which can decrease or increase premium rates greatly.
Where to set your deductibles
When shopping for insurance, a common question is the level to set your comp and collision deductibles. The following tables may help to conceptualize the cost difference between low and high physical damage coverage deductibles. The first set of rates uses a $250 deductible for physical damage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $322 | $544 | $354 | $20 | $106 | $1,371 | $114 |
| Cooper 2-Dr Convertible | $322 | $544 | $276 | $16 | $82 | $1,265 | $105 |
| Cooper S 2-Dr Hatchback | $322 | $640 | $354 | $20 | $106 | $1,467 | $122 |
| Cooper S 2-Dr Convertible | $364 | $640 | $276 | $16 | $82 | $1,403 | $117 |
| Cooper John Cooper Works 2-Dr Hatchback | $364 | $640 | $354 | $20 | $106 | $1,509 | $126 |
| Cooper John Cooper Works 2-Dr Convertible | $406 | $736 | $276 | $16 | $82 | $1,541 | $128 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cooper 2-Dr Hatchback | $262 | $438 | $354 | $20 | $106 | $1,180 | $98 |
| Cooper 2-Dr Convertible | $262 | $438 | $276 | $16 | $82 | $1,074 | $90 |
| Cooper S 2-Dr Hatchback | $262 | $516 | $354 | $20 | $106 | $1,258 | $105 |
| Cooper S 2-Dr Convertible | $296 | $516 | $276 | $16 | $82 | $1,186 | $99 |
| Cooper John Cooper Works 2-Dr Hatchback | $296 | $516 | $354 | $20 | $106 | $1,292 | $108 |
| Cooper John Cooper Works 2-Dr Convertible | $330 | $594 | $276 | $16 | $82 | $1,298 | $108 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Rates do not factor in Jacksonville location which can change prices considerably.
Using the premium rates above, we can conclude that using a $250 deductible costs roughly $18 more each month or $216 for a full year averaged for all Cooper models than choosing the higher $500 deductible. Since the policyholder would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you go more than 14 months between claims, you would save money if you elect the higher deductible.
Does it make sense to buy full coverage?
The illustration below shows the comparison of Mini Cooper auto insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums are based on a clean driving record, no at-fault accidents, $250 deductibles, single status, and no policy discounts are applied.
When to drop comprehensive and collision coverage
There is no set guideline for phasing out full coverage, but there is a guideline you can use. If the annual cost of having full coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s say your Mini Cooper replacement cost is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $2,000 after you pay the deductible. If it’s costing in excess of $200 a year for full coverage, then it could be time to drop full coverage.
There are some situations where dropping physical damage coverage is not advised. If you haven’t satisfied your loan, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should keep full coverage.
It may be expensive, but it’s not optional
Despite the potentially high cost of Mini Cooper insurance, insuring your vehicle may be mandatory for several reasons.
First, the majority of states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a specific minimum amount of liability protection if you want to drive legally. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you bought your Mini Cooper with a loan, almost all lenders will stipulate that you buy full coverage to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the bank may buy a policy for your Mini at a significantly higher premium and force you to pay the higher price.
Third, car insurance protects both your vehicle and your personal assets. Insurance will pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if anyone sues you for causing an accident. If mother nature or an accident damages your car, comprehensive and collision coverage will cover the repair costs.
The benefits of carrying enough insurance definitely exceed the cost, especially if you ever need it. According to a 2015 survey, the average American driver overpays as much as $830 a year so smart consumers compare quotes at least once a year to be sure current rates are still competitive.
Eight Things That Influence Your Insurance Premiums
Many factors are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious like your driving record, but other criteria are less obvious like where you live or your financial responsibility.
Listed below are some of the most rate-impacting factors used by companies to determine rates.
- Cheaper rates by consolidating – Most major insurers allow lower prices to policyholders who carry more than one policy in the form of a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. If you currently are using one company, drivers will still want to comparison shop to help ensure you have the lowest rates. Consumers may find lower rates by buying insurance from more than one company.
- Pay more if you have a long commute – Choosing to live in a rural area may provide you with better prices when it comes to insurance. Lower population means reduced accidents and also fewer theft and vandalism claims. People in densely populated areas have to deal with much more traffic and more severe claims. More time on the road statistically corresponds to a higher accident and claim rate.
- Never let your insurance policy lapse – Having a lapse in insurance coverage can be a guaranteed way to trigger a rate increase. Not only will you pay higher rates, being ticketed for driving with no insurance may result in a fine, jail time, or a revoked license. You may have to submit proof of financial responsibility or a SR-22 with the Florida department of motor vehicles.
- Your occupation and insurance rates – Jobs like doctors, airline pilots, and dentists have higher rates than the rest of us attributed to intense work situations and lots of time spent at work. Other jobs like professors, students and homemakers pay the least.
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Pay more for higher performance vehicles – The make and model of the car, truck or SUV you own makes a huge difference in the rate you pay. Smaller low performance passenger models usually have the lowest premiums, but there are many factors that impact the final cost.
The chart below uses these variables: married female driver age 50, full coverage with $250 deductibles, and no discounts or violations. The data compares Mini Cooper rates compared to other models of vehicles that have different performance risks.
- Is your vehicle theft-ready? – Buying a car with a theft deterrent system can earn a premium discount. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft and help lower rates.
- Safety first – Vehicles with high crash test scores get lower rates. Safe vehicles reduce occupant injuries and any reduction in injury severity translates into savings for insurance companies which can result in lower premiums.
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Rates also based on gender – Over time, data shows that women are safer drivers than men. However, don’t assume that women are better drivers. Females and males have at-fault accidents in similar numbers, but the male of the species tend to have more serious accidents. In addition to higher claims, males also get cited for more serious violations like DUI and reckless driving. Male teenagers cause the most accidents and thus pay the highest rates.
The chart below visualizes the comparison of Mini Cooper insurance premiums for male and female drivers. The costs are based on no claims or driving citations, comprehensive and collision coverage, $500 deductibles, single marital status, and no discounts are applied to the premium.
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Loss statistics for a Mini Cooper – Companies use data from past claims to help determine the rate you pay. Models that the data shows to have high amounts or severity of claims will be charged more to insure.
The table below shows the actual insurance loss data for Mini Cooper vehicles. For each coverage type, the statistical loss for all vehicles averaged together is a value of 100. Values under 100 imply a favorable loss record, while values over 100 show a trend for more claims or tendency to have higher losses.
Mini Cooper Insurance Loss Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Mini Cooper 92 72 114 74 74 85 Mini Cooper Convertible 80 72 100 57 Mini Cooper Coupe 72 60 Mini Cooper Roadster Convertible 57 50 78 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Earn discounts to get lower-cost Jacksonville auto insurance rates
The cost of insuring your cars can be expensive, but there are discounts available that can help lower your rates. Many of these discounts will be applied automatically when you purchase, but lesser-known reductions have to be requested specifically before they will apply.
- Discount for Life Insurance – Some auto insurance companies give a lower rate if you buy life insurance.
- Telematics Devices – Drivers that enable their company to spy on when and where they use their vehicle by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate may see discounts as long as they are good drivers.
- Defensive Driver Discounts – Successfully completing a course in driver safety could cut 5% off your bill if you qualify.
- Auto/Home Discount – If you can bundle your auto and homeowners insurance and insure them both with the same insurance company you could earn a discount of up to 20% and get you cheaper Cooper insurance.
- Service Members Pay Less – Being on active deployment in the military may lower your prices slightly.
- Accident Forgiveness Coverage – Not necessarily a discount, but some insurance companies allow you one accident without getting socked with a rate hike if your claims history is clear prior to the accident.
- Senior Citizen Rates – Drivers over the age of 55 could receive a slight reduction on a Jacksonville car insurance quote.
- Cautious Driver Discount – Drivers who avoid accidents can save up to 40% or more on their Jacksonville car insurance quote than less cautious drivers.
- Low Mileage Discounts – Low annual miles can qualify you for substantially lower auto insurance rates.
- Driver Education Discount – Make teen driver coverage more affordable by requiring them to successfully take a driver’s education course in high school.
A quick disclaimer, most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like collision or personal injury protection. Despite the fact that it seems like all those discounts means the company will pay you, that’s just not realistic. But any discount will definitely lower your overall bill.
The illustration below illustrates the difference between Mini Cooper car insurance rates with and without policy discounts. The rates are based on a male driver, no driving violations, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, safe-driver, multi-policy, marriage, and claim-free discounts applied.
A few popular companies and some of the premium reductions they offer are detailed below.
- American Family may include discounts for good driver, TimeAway discount, early bird, multi-vehicle, defensive driver, and bundled insurance.
- Farm Bureau may have discounts that include renewal discount, 55 and retired, youthful driver, good student, and multi-policy.
- State Farm policyholders can earn discounts including good driver, defensive driving training, driver’s education, Drive Safe & Save, passive restraint, anti-theft, and accident-free.
- Travelers offers discounts for early quote, multi-policy, hybrid/electric vehicle, driver training, and multi-car.
- The Hartford includes discounts for good student, anti-theft, defensive driver, vehicle fuel type, driver training, bundle, and air bag.
- GEICO offers premium reductions for driver training, anti-theft, seat belt use, emergency military deployment, federal employee, good student, and anti-lock brakes.
- Progressive offers discounts including multi-vehicle, homeowner, continuous coverage, online quote discount, multi-policy, online signing, and good student.
When getting a coverage quote, ask each company or agent which discounts you may be entitled to. Some of the earlier mentioned discounts might not be offered on policies in Jacksonville. For a list of auto insurance companies who offer cheap Mini Cooper insurance quotes in Florida, follow this link.
Car insurance quotes from local neighborhood Jacksonville car insurance agents
Some consumers prefer to go talk to an agent and that is OK! A nice benefit of comparing insurance prices online is the fact that drivers can get cheap car insurance rates and still buy from a local agent. And buying from neighborhood agents is still important in Jacksonville.
Once you complete this form (opens in new window), your insurance data is transmitted to agents in your area that can give you free Jacksonville car insurance quotes for your car insurance coverage. You won’t even need to even leave your home as quotes are delivered directly to your email. You can most likely find cheaper rates AND an agent nearby. If you have a need to compare rates from one company in particular, you can always search and find their rate quote page and fill out their quote form.
If you prefer to buy car insurance from a local Jacksonville insurance agency, it can be helpful to understand the different types of agencies and how they are slightly different. Agencies in Jacksonville are classified as either exclusive or independent (non-exclusive).
Independent Agents
Agents of this type are appointed with more than one company and that enables them to quote your coverage through many companies depending on which coverage is best. If premiums increase, they can switch companies in-house and you won’t have to switch agencies. If you are trying to find cheaper rates, it’s recommended you get several quotes from a couple of independent agencies in order to compare the most rates.
Shown below is a list of independent agencies in Jacksonville that can give you free car insurance rate quotes.
Giella Insurance Agency
7855 Argyle Forest Blvd #502 – Jacksonville, FL 32244 – (904) 783-3388 – View Map
Beans Insurance Agency, LLC
3041 Dunn Ave – Jacksonville, FL 32218 – (904) 766-1995 – View Map
Jim White Insurance Agency
1840 Dunn Ave #6 – Jacksonville, FL 32218 – (904) 751-2222 – View Map
Exclusive Car Insurance Agencies
Exclusive insurance agents can usually just insure with one company and examples are Farmers Insurance, State Farm, Allstate, and AAA. They generally cannot provide other company’s prices so keep that in mind. Exclusive insurance agents are very knowledgeable on what they offer which aids in selling service over price.
Below is a short list of exclusive agents in Jacksonville that are able to give comparison quotes.
Debra Braddock – State Farm Insurance Agent
9310 Old Kings Rd S #1901 – Jacksonville, FL 32257 – (904) 737-0829 – View Map
Allstate Insurance, John Crowell Agency
9700 Philips Hwy #109 – Jacksonville, FL 32256 – (904) 538-9440 – View Map
Ray Moore – State Farm Insurance Agent
109 New Berlin Rd – Jacksonville, FL 32218 – (904) 751-6643 – View Map
Selecting an insurance agent requires more thought than just a cheap price. Here are some questions you might want to ask.
- Is their price quote a firm figure or are their hidden costs?
- Do they specialize in personal lines auto insurance in Jacksonville?
- Are they properly licensed to sell insurance in Florida?
- Are they paid to recommend certain coverages?
- Does the company allow you to choose your own collision repair facility?
Shop around and save
When searching for affordable Jacksonville car insurance quotes, don’t be tempted to reduce needed coverages to save money. In many instances, an insured cut liability coverage limits and learned later that they should have had better coverage. Your strategy should be to buy a smart amount of coverage for the lowest cost and still be able to protect your assets.
Low-cost Mini Cooper insurance in Jacksonville is definitely available from both online companies as well as from independent agents in Jacksonville, and you need to price shop both to have the best selection. Some insurance companies do not offer rate quotes online and usually these small insurance companies only sell through independent agencies.
Throughout this article, we presented many ideas to lower your Mini Cooper insurance car insurance rates in Jacksonville. The key thing to remember is the more price quotes you have, the higher your chance of finding the cheapest Mini Cooper rate quotes. Consumers could even find that the biggest savings come from a smaller regional carrier. Smaller companies can often provide lower premium rates in certain areas than the large multi-state companies such as State Farm and Allstate.
More detailed auto insurance information is available in the articles below:
- Vehicle Insurance (Wikipedia)
- How Much are Auto Insurance Rates for Teenage Females in Jacksonville? (FAQ)
- Who Has the Cheapest Jacksonville Auto Insurance Quotes for Real Estate Agents? (FAQ)
- Who Has the Cheapest Auto Insurance for a Company Car in Jacksonville? (FAQ)
- Child Safety Seats (Insurance Information Institute)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Anti-Lock Brake FAQ (iihs.org)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)