BMW CAR INSURANCE COST
If you're wondering how much does BMW insurance cost, you should know that car insurance for BMW can get quite expensive, but knowing the average BMW insurance cost and which BMW model is the cheapest to insure in advance will certainly help you make a better and more informed decision when shopping auto insurance quotes for it.
From our research, the overall average BMW car insurance cost for all models is about $180 a month or $2150 a year. While costs vary depending on many factors including the model, that's still more than twice the national car insurance average rates...
Our great average car insurance cost per month research has found that the average BMW car insurance cost (for 30 year old drivers) on model year 2017 is $292 a month or $3,500 a year. For model year 2019, it averages $304 a month or $3,650 a year. Top 2020 and 2021 BMW 7 Series insurance cost may get up to over $5,000 a year or $417 a month, while 2020 and 2021 BMW X Series and BMW 2 Series insurance cost may be as affordable as $1,850 a year or $158 a month. We know, that's a lot to digest, but it will help you be a more knowledgeable insurance customer.
Like all other insurance policies, costs always vary depending on so many factors. Vehicle models differ in rates dramatically.
For your convenience, please find the average BMW car insurance cost per month and per year by model below.
BMW Model | Average insurance cost per month | Average insurance cost per year |
---|---|---|
1 Series | $200 | $2,400 |
2 Series | $200 | $2,400 |
3 Series | $180 | $2,150 |
4 Series | $215 | $2,575 |
5 Series | $170 | $2,050 |
6 Series | $160 | $1,900 |
7 Series | $170 | $2,050 |
i3 | $180 | $2,160 |
i8 | $165 | $2,000 |
M2 | $240 | $2,900 |
M3 | $170 | $2,050 |
M4 | $160 | $1,900 |
M5 | $270 | $3,250 |
M6 | $160 | $1,900 |
328i | $150 | $1,800 |
X1 | $192 | $2,300 |
X2 | $200 | $2,383 |
X3 | $180 | $2,150 |
X4 | $240 | $2,900 |
X5 | $180 | $2,150 |
X6 | $170 | $2,050 |
BMW i8 insurance cost is about $165 per month or $2,000 a year on average, which makes BMW i8 car insurance among the cheapest BMW models to insure.
2017 BMW i8 insurance cost is even slightly cheaper, averaging $160 per month, or $1,900 per year.
2018 BMW i8 insurance cost is even slightly cheaper, averaging $176.25 per month, or $2,115 per year.
2019 BMW i8 insurance cost is even slightly cheaper, averaging $177.5 per month, or $2,130 per year.
2020 BMW i8 insurance cost is even slightly cheaper, averaging $183.58 per month, or $2,203 per year.
The general average insurance cost for BMW 3 series is $2,150 a year or $180 a month.
Year | Cost Per Month | Cost Per Year |
---|---|---|
2007 | $85 | $1,000 |
2008 | $110 | $1,320 |
2009 | $117 | $1,400 |
2010 | $121 | $1450 |
2011 | $125 | $1,500 |
2012 | $128 | $1,530 |
2013 | $130 | $1,550 |
2014 | $133 | $1,580 |
2015 | $135 | $1,600 |
2016 | $140 | $1,700 |
2017 | $150 | $1,800 |
2018 | $180 | $2,250 |
2019 | $213 | $2,550 |
2020 | $225 | $2,700 |
2021 | $217 | $2,600 |
2022 | $236 | $2,832 |
The national average insurance cost for a BMW 328i is $150 a month or $1,800 a year, which makes it the cheapest BMW to insure.
Maine is the cheapest state to insure a BMW 328i with less than $100 monthly average, or a bit less than $1200 yearly.
On the other side, Georgia is the most expensive state to insure your BMW 328i with average insurance cost of $3,400 a year or $280 a month.
2007 BMW 328i insurance cost will be approximately $85 per month or $1,000 a year for a 30 year old male driver with a clean driving record, who served in the military and owns a home.
2008 BMW 328i insurance cost is $110 a month or $1,320 a year on average.
2009 BMW 328i insurance cost is $117 a month or $1,400 a year.
2010 BMW 328i insurance cost is $121 per month or $1,450 per year on average.
2011 BMW 328i insurance cost is estimated at $125 per month or $1,500 per year on average.
2012 BMW 328i insurance cost is $128 per month or $1,530 per year on average.
2013 BMW 328i insurance rates are slightly higher, averaging $130 a month or $1,550 a year.
2014 BMW 328i insurance cost is $133 per month or $1,580 per year on average.
2015 BMW 328i insurance cost is $135 per month or $1,600 per year on average.
2016 BMW 328i insurance cost is $140 a month or $1,700 a year on average.
2017 BMW 328i insurance cost is $150 per month or $1,800 per year on average.
BMW 328i was discontinued in 2017 and replaced by 330i.
2018 BMW 330i insurance cost is $180 a month or $2,250 a year on average.
2019 BMW 330i insurance cost is $213 a month or $2,550 a year on average.
2020 BMW 330i insurance cost is $225 a month or $2,700 a year.
2021 BMW 330i insurance cost is $217 a month or $2,600 a year on average.
2022 BMW 330i insurance cost is $236 a month or $2,832 a year on average.
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The average insurance cost for BMW X1 is $192 a month or $2,300 a year.
The average BMW X5 insurance cost is $180 a month or $2,150 a year.
A 2019 BMW 7 Series insurance could cost up to $4,900 a year, as compared to insurance of an older model, for example, a 2013 BMW X1, that costs as low as $2,459 annually on average.
A 2020 BMW 7 Series insurance could cost up to $5,250 a year.
A 2021 BMW 7 Series insurance could cost up to $5,431 a year.
A 2022 BMW 7 Series insurance could cost up to $5,557 a year .
Based on our research as well as the cheapest car to insure research, the cheapest BMW to insure is BMW 328i, averaging $150 a month or $1800 a year across all model years. The cheapest BMW 328i to insure is a 2007 BMW 328i, with an average insurance cost of only $85 a month, or $1,000 a year.
A full breakdown of BMW 328i insurance cost by year can be found below.
For your convenience, please find below the list of the cheapest BMW models to insure to the most expensive BMW to insure:
BMW Model | Average insurance cost per month | Average insurance cost per year |
---|---|---|
328i | $150 | $1,800 |
M4 | $160 | $1,900 |
M6 | $160 | $1,900 |
6 Series | $160 | $1,900 |
i8 | $165 | $2,000 |
5 Series | $170 | $2,050 |
7 Series | $170 | $2,050 |
M3 | $170 | $2,050 |
X6 | $170 | $2,050 |
3 Series | $180 | $2,150 |
X3 | $180 | $2,150 |
X5 | $180 | $2,150 |
i3 | $180 | $2,160 |
X1 | $192 | $2,300 |
X2 | $200 | $2,383 |
1 Series | $200 | $2,400 |
2 Series | $200 | $2,400 |
4 Series | $215 | $2,575 |
M2 | $242 | $2,900 |
X4 | $240 | $2,900 |
M5 | $270 | $3,250 |
BMW GAP insurance cost is approximately $20 a year.
To find more information regarding BMW GAP insurance, take a look at the following pages:
https://www.bmwofchampaign.com/assets/d242/pdf/gap-protection.pdf
https://www.bmwakron.com/blogs/1468/buying-tips/gap-insurance-bmw-of-akron/
BMW tire insurance cost can get expensive, especially if you do the mistake and buy it from the car dealership. This mistake can get your BMW wheel and tire insurance to up to $3,500-$4,000 a year!!
Getting your BMW tire insurance directly from the car provider, on the other hand, can get you covered on the program for merely $1.1K a year. If you go for a 3 year plan, it can cost you even less, $1,800 for 3 years on average, which is significantly cheaper!
So our take is this, ask for long term deals directly from your car provider and never buy it from your dealership.
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I was hopeful about going with Travelers. My cousin oversees the building of large hotels (the W and Virgin in Nashville) and told me that is who he had used commercially. But after having roof damage from a storm, I have had a really bad experience. From the very first person I dealt with, it became quickly clear from my first dealings and was confirmed throughout the process, is how little they care about the people they insure and how they truly want to pay as little as possible. While my neighbors were having positive experiences with their insurance companies after the storm, mine has been terrible. I would highly recommend staying far away from Travelers Insurance and going with literally anyone else but them. —Jason McAnally
AAA is only good if you never have to use them. My daughter was borrowing my car and got hit by a hit-and-run driver who left the scene. AAA would not pay for damages on my car because she was not on the policy and I didn't have full coverage on my car I did have uninsured motorists but they still would not pay the claim so I have a wrecked car and now AAA is canceling my insurance What a waste of time and money. We reported to insurance board and still nothing was done. I'm going back to allstate, atleast they pay claims.
The quote they gave me was not the correct price. it turned out to be twice the amount they said. Plus the agency is in California 1500 miles away and I received bad customer service.
Horrible, we are DRIV3 Rentals a Car Rental Company in Los Angeles California. One of our clients purchased a Bonzah policy to rent a vehicle from us. An accident occurred where there has been significant damage to our 2021 BMW M4, we proceeded to file a claim with Bonzah. Let me just say the way this company handles claims is from the stone age. They do not contact you anywhere except emails. Our company has been in a 100+ email chain with Paul and Art from Bonzah for at least a month. They have confused our claim with other claims and at times just simply not responded back at all. We supplied all the necessary information needed for the claim and everything seemed ok. Fast forward to last week out of no where Paul stops answering so we call him over and over until he answers at this point he not once told us this by the way that they pulled the police report and our driver isn't listed, this is false as I immediately went to the LAPD police station and found out the report Paul pulled was filed online from one of the other drivers and not an official report from the officer on the scene, the officer on the scene made a statement in which debunks that whole claim and in fact our driver was the driver. I have never in my 20 years in the auto industry been accused of anything like this furthermore Paul stating that oh we don't know if your driver knows the other driver and they could have planned this. Insane really, Paul stated that if we could get a statement from the officer he would expedite our claim and damages check, Paul, Art and Bonzah has since started to ignore us. They don't answer calls, emails, text messages anything for almost 2 weeks now. How ironic that once we debunk their claim of our client not being the driver they stop responding. Don't use this company, stay far away.
We have been with progressive for 18+ but Have to give a one star with this experience. We hit a big rock on the highway. Randell Fergen repair rep . argued with me; claimed I was off roading in my car, which I have never done . Randell told me “this was not an isolated incident”. Because my other wheels had scratches according to him. The auto shop they picked and Randell told me it the wheel just needs a balance . Randell quoted me the price I would have to pay for the balance. I took the car to Discount Tire since the balance is covered. Discount told me “the wheel is bend badly” We called back to the rep Kiera Washington to update her and ask for a new repair rep. She said she could not and when I asked to speak to her supervisor she said “ I’m not dealing with you” and hung up on me ????