Insurance quote for Mini Cooper in HonoluluFinding the best price on Honolulu auto insurance may appear to be difficult at first if you're new to online price comparisons. But don't give up because there is an easy way to compare rates for Mini Cooper insurance in Honolulu.

Unfortunately, the vast majority of consumers renewed their policy with the same company for over three years, and just under half have never compared rates with other companies. Honolulu drivers could save as much as $400 every year, but they don't know how much savings they would realize if they changed companies.

You should take the time to take a look at other company's rates on a regular basis because insurance prices are constantly changing. Despite the fact that you may have had the best rates on Mini Cooper insurance in Honolulu two years ago the chances are good that you can find a lower premium rate today. Forget all the misinformation about auto insurance because we're going to show you how to use online quotes to save on auto insurance.

Do you qualify for discounts on Mini Cooper insurance in Honolulu?

Some companies do not advertise all available discounts in an easy-to-find place, so the below list has some of the more common and also the more inconspicuous savings tricks you should be using when you buy Honolulu auto insurance online.

Don't be surprised that most credits do not apply to the entire policy premium. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, company stockholders wouldn't be very happy.

A list of auto insurance companies and some of the discounts are:

When getting free Honolulu auto insurance quotes, it's a good idea to each company what discounts are available to you. Some discounts listed above may not be offered in Honolulu. To view providers that can offer you the previously mentioned discounts in Honolulu, click this link.

There are several ways to compare rate quotes from lots of Hawaii insurance companies. One of the best ways to find affordable Mini Cooper insurance rates is to get quotes online.

When price shopping your coverage, quoting more helps you find better pricing. Not every company provides online rate quotes, so it's recommended that you also compare price estimates from them as well.

The providers in the list below are our best choices to provide free quotes in Honolulu, HI. If several companies are displayed, we recommend you visit two to three different companies to get a more complete price comparison.

Mini Cooper Insurance Price Estimates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cooper 2-Dr Hatchback $142 $286 $254 $16 $76 $774 $65
Cooper 2-Dr Convertible $218 $464 $228 $14 $68 $992 $83
Cooper S 2-Dr Hatchback $204 $406 $226 $14 $68 $918 $77
Cooper S 2-Dr Convertible $230 $406 $174 $10 $52 $872 $73
Cooper John Cooper Works 2-Dr Hatchback $222 $476 $236 $14 $70 $1,018 $85
Cooper John Cooper Works 2-Dr Convertible $222 $482 $198 $12 $60 $974 $81
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Hawaii minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Estimates do not factor in garaging location in Honolulu which can increase or decrease coverage rates significantly.

Policy deductible comparison

One of the most common car insurance questions is the level to set your comp and collision deductibles. The comparison tables below summarize how much more rates are when you choose different policy deductibles. The first set of rates uses a $100 deductible and the second price grid uses a $1,000 deductible.

Mini Cooper insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cooper 2-Dr Hatchback $228 $412 $226 $14 $68 $973 $81
Cooper 2-Dr Convertible $228 $412 $174 $10 $52 $901 $75
Cooper S 2-Dr Hatchback $228 $484 $226 $14 $68 $1,045 $87
Cooper S 2-Dr Convertible $258 $484 $174 $10 $52 $1,003 $84
Cooper John Cooper Works 2-Dr Hatchback $258 $484 $226 $14 $68 $1,075 $90
Cooper John Cooper Works 2-Dr Convertible $286 $558 $174 $10 $52 $1,105 $92
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Mini Cooper insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cooper 2-Dr Hatchback $126 $216 $226 $14 $68 $650 $54
Cooper 2-Dr Convertible $126 $216 $174 $10 $52 $578 $48
Cooper S 2-Dr Hatchback $126 $256 $226 $14 $68 $690 $58
Cooper S 2-Dr Convertible $142 $256 $174 $10 $52 $634 $53
Cooper John Cooper Works 2-Dr Hatchback $142 $256 $226 $14 $68 $706 $59
Cooper John Cooper Works 2-Dr Convertible $158 $294 $174 $10 $52 $688 $57
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Prices do not factor in specific zip code location which can lower or raise premiums noticeably.

Based on the above data, using a $100 deductible costs roughly $30 more each month or $360 annually than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average at a minimum 30 months between claims, you would come out ahead going with the higher deductible.

Violations and accidents raise rates

The illustration below highlights how traffic violations and at-fault claims impact Mini Cooper yearly insurance costs for each age group. The premiums assume a single female driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.

Mini Cooper liability rates compared to full coverage

The information below illustrates the difference between Mini Cooper insurance premiums with and without physical damage coverage. The rates are based on no claims or driving citations, $250 deductibles, single female driver, and no discounts are taken into consideration.

When to stop buying physical damage coverage

There is no written rule to exclude comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

For example, let's say your Mini Cooper replacement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $7,000 after paying the physical damage deductible. If premium cost is more than $700 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some conditions where eliminating full coverage is not a good plan. If you haven't paid off your loan, you have to carry full coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.

Don't I need to talk to a local insurance agent?

Certain consumers would prefer to sit down with an agent and there is nothing wrong with that. A nice benefit of comparing rates online is that drivers can save money and get the lowest rates but still work with a licensed agent. Buying from local agents is still important in Honolulu.

Insurance agents in HonoluluTo find an agent, once you fill out this quick form, your information is emailed to agents in your area who will give you bids for your insurance coverage. It simplifies rate comparisons since you won't have to do any legwork because prices are sent immediately to your email address. You can find the lowest rates AND a local agent. In the event you want to compare prices from one company in particular, you would need to find their quoting web page and fill out the quote form the provide.

Below is a short list of insurers in Honolulu that may be willing to give price quote information for Mini Cooper insurance in Honolulu.

More Honolulu agents

Picking an insurer should include more criteria than just a cheap quote. You should also get answers to these questions.

Three reasons auto insurance is important

Despite the high cost of buying insurance for a Mini Cooper in Honolulu, paying for auto insurance may be required and benefits you in several ways.

First, just about all states have compulsory liability insurance requirements which means state laws require specific minimum amounts of liability insurance if you don't want to risk a ticket. In Hawaii these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your vehicle, most banks will require you to carry insurance to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the bank or lender will purchase a policy for your Mini at a significantly higher premium and force you to pay for it.

Third, auto insurance preserves both your assets and your Mini Cooper. It also can pay for most medical and hospital costs that are the result of an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you are sued as the result of your driving. If your car is damaged in a storm or accident, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.

The benefits of insuring your car more than cancel out the cost, particularly when you have a large claim. On average, a vehicle owner in Honolulu is overpaying more than $830 a year so compare rates each time the policy renews to save money.

Specific coverages for a Mini Cooper

Having a good grasp of your policy can help you determine the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Auto liability insurance - This coverage will cover damage that occurs to other's property or people in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 20/40/10 which means $20,000 bodily injury coverage, $40,000 for the entire accident, and a limit of $10,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things such as medical expenses, bail bonds, loss of income, legal defense fees and pain and suffering. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible. Hawaii requires drivers to carry at least 20/40/10 but you should think about purchasing more liability than the minimum.

Comprehensive coverage - This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like a broken windshield, a tree branch falling on your vehicle and hitting a bird. The most a car insurance company will pay at claim time 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.

Medical payments coverage and PIP - Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for things like X-ray expenses, hospital visits, chiropractic care and rehabilitation expenses. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. They cover you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Collision - This covers damage to your Cooper caused by collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as hitting a parking meter, sideswiping another vehicle, crashing into a ditch, backing into a parked car and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It's also possible to bump up the deductible on your Cooper to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage - This coverage provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle's occupants and damage to your Mini Cooper.

Because many people only purchase the least amount of liability that is required (20/40/10 in Hawaii), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Quote often and quote early

Cheaper Mini Cooper insurance in Honolulu can be sourced online and also from your neighborhood Honolulu agents, and you need to comparison shop both to have the best rate selection. Some insurance companies do not offer online rate quotes and these small, regional companies prefer to sell through independent insurance agencies.

Consumers leave their current company for many reasons like policy non-renewal, policy cancellation, denial of a claim or being labeled a high risk driver. It doesn't matter what your reason, finding the right insurance provider is not as difficult as it may seem.

In this article, we presented some good ideas how you can compare Mini Cooper insurance car insurance rates in Honolulu. The key concept to understand is the more providers you compare, the better chance you'll have of finding the cheapest Mini Cooper rate quotes. You may even be surprised to find that the most savings is with a company that doesn't do a lot of advertising.

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