MINI2

Jos986 · May 3rd, 2002, 02:14 PM

I just got off the phone with my insurance agent. Wow!!

2003 MINI Cooper S insurance will only be about $50. a year MORE than my 2001 Porshe.

I couldn't believe it given the price difference of the two cars.

It appears to me to be due to the MINI's listing under BMW. From what I understood,
BMW has a high loss ratio. ie- BMWs are more frequently in accidents than Porshes.

Didn't BMW want to separate themselves from MINI? (please)

AidenL · May 3rd, 2002, 04:19 PM

Nice to be in the same category as Porsche, but not for insurance costs though !!

FiremanMike · May 3rd, 2002, 07:18 PM

I checked with my company a week ago and had a firm quote of $550 a year, state will want another $210 for the plates. Actually right in the ball park, I can live with the numbers. My plates are due just about when the S can be picked up, I asked and PaulM said ok...if you see an EB S with Iowa plates that say MINI2, thats me!!
Mike

Jos986 · May 3rd, 2002, 07:34 PM

Thanks Mike

My quote was around $1300 a year. Location could explain some of the differences. Did your insurance company have the MINI Cooper S listed as a BMW? Would be interesting to know if all US insurance companies list it that way.

It doesn't seem fair to our MINIs to
be listed under cars with high loss ratios. What do you think?

FiremanMike · May 3rd, 2002, 07:42 PM

Both the Ins co and the state list under BMW. Go Figure. Is Jaguar under Ford?? Location is part of the advantage I have, I am also 50 and it is nice to know that age helps.
Mike

Jos986 · May 3rd, 2002, 07:49 PM

Thanks again Mike-

Now for the awful truth!!

I'm 63

Sh..hh..hh Don't tell anyone!!

MINI owners are young at heart

FiremanMike · May 3rd, 2002, 08:35 PM

I wont tell

I bet your AARP card has a lower # than mine, right?

I guess that proves the location theory.

Mike

Mini Chopo "S" · May 4th, 2002, 09:33 AM

Amigos I clld my insurance girl from NATIONWIDE and she told me they have the car listed as MINI COOPER, she gave me qoutes for $296 for six on the regular mini

and $480 for the "S"

I can live with that is here in Jacksonville Florida

Jos986 · May 4th, 2002, 10:44 AM

Mini Chopo "S" wrote:
Amigos I clld my insurance girl from NATIONWIDE and she told me they have the car listed as MINI COOPER, she gave me qoutes for $296 for six on the regular mini and $480 for the "S" I can live with that is here in Jacksonville Florida

. . . . . . . . .. .. . .. . ... . . . .

Good!! Glad to hear it.

When I called, it was listed as MINI Cooper but under BMW. Therefore, assigned BMW's loss ratio.

RickB · May 6th, 2002, 01:27 PM

I've received more than a half-dozen quotes on S insurance, ranging from $821/yr to over $1300/yr. Shop around.

May 3rd, 2002, 02:14 PM	#1
Jos986 MINI2 Regular Join Date: Mar 2002 Location: Bucks Co., Pa. Local Time: 06:05 PM Posts: 160 Offline	Insurance on Mini Cooper S I just got off the phone with my insurance agent. Wow!! 2003 MINI Cooper S insurance will only be about $50. a year MORE than my 2001 Porshe. I couldn't believe it given the price difference of the two cars. It appears to me to be due to the MINI's listing under BMW. From what I understood, BMW has a high loss ratio. ie- BMWs are more frequently in accidents than Porshes. Didn't BMW want to separate themselves from MINI? (please)

May 3rd, 2002, 04:19 PM	#2 (permalink)
AidenL Nice TTs......... Join Date: Jan 2002 Location: On The Coast........ Local Time: 12:05 AM Posts: 42,147 Offline	Nice to be in the same category as Porsche, but not for insurance costs though !! *Global Moderator*

May 3rd, 2002, 07:18 PM	#3 (permalink)
FiremanMike MINI2 Regular Join Date: Oct 2001 Location: Marion, Iowa Local Time: 11:05 PM Posts: 119 Offline	I checked with my company a week ago and had a firm quote of $550 a year, state will want another $210 for the plates. Actually right in the ball park, I can live with the numbers. My plates are due just about when the S can be picked up, I asked and PaulM said ok...if you see an EB S with Iowa plates that say MINI2, thats me!! Mike Semper Fi Electric Blue/White roof Sport package stripes,lights, born 29 Mar 02 delivered 17 May 02, 1 pm CST in STL USA, 1st S in Iowa

May 3rd, 2002, 07:42 PM	#5 (permalink)
FiremanMike MINI2 Regular Join Date: Oct 2001 Location: Marion, Iowa Local Time: 11:05 PM Posts: 119 Offline	Both the Ins co and the state list under BMW. Go Figure. Is Jaguar under Ford?? Location is part of the advantage I have, I am also 50 and it is nice to know that age helps. Mike Semper Fi Electric Blue/White roof Sport package stripes,lights, born 29 Mar 02 delivered 17 May 02, 1 pm CST in STL USA, 1st S in Iowa

May 3rd, 2002, 08:35 PM	#7 (permalink)
FiremanMike MINI2 Regular Join Date: Oct 2001 Location: Marion, Iowa Local Time: 11:05 PM Posts: 119 Offline	I wont tell I bet your AARP card has a lower # than mine, right? I guess that proves the location theory. Mike Semper Fi Electric Blue/White roof Sport package stripes,lights, born 29 Mar 02 delivered 17 May 02, 1 pm CST in STL USA, 1st S in Iowa

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May 3rd, 2002, 07:34 PM	#4 (permalink)
Jos986 MINI2 Regular Join Date: Mar 2002 Location: Bucks Co., Pa. Local Time: 06:05 PM Posts: 160 Offline	Thanks Mike My quote was around $1300 a year. Location could explain some of the differences. Did your insurance company have the MINI Cooper S listed as a BMW? Would be interesting to know if all US insurance companies list it that way. It doesn't seem fair to our MINIs to be listed under cars with high loss ratios. What do you think?

May 3rd, 2002, 07:49 PM	#6 (permalink)
Jos986 MINI2 Regular Join Date: Mar 2002 Location: Bucks Co., Pa. Local Time: 06:05 PM Posts: 160 Offline	Thanks again Mike- Now for the awful truth!! I'm 63 Sh..hh..hh Don't tell anyone!! MINI owners are young at heart

May 4th, 2002, 09:33 AM	#8 (permalink)
Mini Chopo "S" MINI2 Regular Join Date: Jan 2002 Location: Jacksonville, Florid Local Time: 06:05 PM Posts: 126 Offline	Amigos I clld my insurance girl from NATIONWIDE and she told me they have the car listed as MINI COOPER, she gave me qoutes for $296 for six on the regular mini and $480 for the "S" I can live with that is here in Jacksonville Florida

May 4th, 2002, 10:44 AM	#9 (permalink)
Jos986 MINI2 Regular Join Date: Mar 2002 Location: Bucks Co., Pa. Local Time: 06:05 PM Posts: 160 Offline	Mini Chopo "S" wrote: Amigos I clld my insurance girl from NATIONWIDE and she told me they have the car listed as MINI COOPER, she gave me qoutes for $296 for six on the regular mini and $480 for the "S" I can live with that is here in Jacksonville Florida . . . . . . . . .. .. . .. . ... . . . . Good!! Glad to hear it. When I called, it was listed as MINI Cooper but under BMW. Therefore, assigned BMW's loss ratio.

May 6th, 2002, 01:27 PM	#10 (permalink)
RickB MINI2 Master Join Date: Apr 2001 Location: Seattle, WA Local Time: 11:05 PM Posts: 777 Offline	I've received more than a half-dozen quotes on S insurance, ranging from $821/yr to over $1300/yr. Shop around.

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