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BMW is a leading automobile manufacturer that produces some of the finest cars. The advanced features, speed, performance, and comfort that BMW models offer are incomparable to many other brands.

Luxury cars like the BMW can be expensive to insure because it costs more to repair or replace. The average BMW insurance cost across all the models is $2,696 a year for a 30-year-old driver. Your insurance rate may vary based on your zip code, the car model you own, and other factors like your driving record and age.

Read on to know the average car insurance rates for all the popular BMW models. It will help you make an informed decision when it comes time to budget for insurance.

Average BMW car insurance cost by model

Of all the models surveyed by Insurance.com, 2021 BMW M760i is the most expensive BMW model to insure. While the cheapest BMW model to insure is X1, at a rate of $1,700 per year.

Find below the list of average BMW car insurance rates for 2021-

Average BMW Car Insurance Rates for 2021
Year and ModelAverage Annual Cost for 30 year Old DriverAverage Annual Cost for 40 year Old Driver
2021 BMW M760i$4,082$3,914
2021 BMW 750xi$3,923$3,748
2021 BMW M5$3,920$3,738
2021 BMW M8$3,902$3,742
2021 BMW I8$3,901$3,736
2021 BMW Alpina$3,763$3,607
2021 BMW M850i$3,718$3,563
2021 BMW 745e$3,399$3,274
2021 BMW 840I$3,243$3,115
2021 BMW 740i$3,221$3,078
2021 BMW 740xi$3,178$3,035
2021 BMW M550i$3,104$2,956
2021 BMW M4$3,085$2,937
2021 BMW X6$2,879$2,759
2021 BMW X7$2,849$2,719
2021 BMW 440i$2,545$2,433
2021 BMW X5$2,538$2,431
2021 BMW 540i$2,519$2,401
2021 BMW M340i$2,517$2,421
2021 BMW 330e$2,490$2,380
2021 BMW M2$2,464$2,357
2021 BMW 530i$2,433$2,326
2021 BMW 530e$2,399$2,306
2021 BMW 430i$2,347$2,242
2021 BMW M240i$2,320$2,210
2021 BMW M235i$2,216$2,138
2021 BMW X4$2,180$2,090
2021 BMW 330i$2,160$2,070
2021 BMW Z4$2,145$2,059
2021 BMW 230i$2,034$1,943
2021 BMW I3$2,013$1,933
2021 BMW X3$1,941$1,861
2021 BMW 228i$1,938$1,871
2021 BMW X2$1,791$1,725
2021 BMW X1$1,700$1,633

BMW M4 insurance cost

BMW M4

The BMW M4 is redesigned for 2021 and is the coupe variant of the M3 sedan. It competes with the likes of Mercedes-AMG C 63 coupe, Audi RS 5, Ford Mustang, and Chevrolet Camaro.

The average cost to insure a 2021 BMW M4 is $3,085 a year for a 30-year-old driver.

Highlights-

  • MSRP range-$71,800 - $74,700
  • Trims available- coupe and competition
  • Average annual cost to insure- $3,805

Following is a list of BMW M4 insurance rates by model year-

Average BMW M4 Car Insurance Rates
Year and ModelAnnual Average Cost
2015 BMW M4$1,264
2016 BMW M4$1,409
2017 BMW M4$1,334
2018 BMW M4$1,338
2019 BMW M4$1,406
2020 BMW M4$3,049

Be careful!

The company states that BMW M4 coupe may be addictive. It offers a powerful M brake, cutting edge control and high precision engines.

Compare BMW M4 car insurance rates by state

BMW X1 insurance cost

BMW X1

The BMW X1 is a sleek and spacious SUV with all the latest tech and safety features. It is equipped with a powerful engine and offers the most cargo capacity, dynamic stability control, traction control, and comfort.

BMW X1 is the cheapest BMW to insure. The average cost to insure a 2021 BMW X1 is $1,700 per year based on the profile of a 30-year-old driver.

Highlights

  • MSRP range- $35,400 - $37,400
  • Trims available- sDrive28i & xDrive28i
  • Average annual cost to insure- $1,700

The table below details the BMW X1 car insurance rates by model year-

Average BMW X1 Car Insurance Rates
Year and ModelAnnual Average Cost
2015 BMW X1$948
2016 BMW X1$939
2017 BMW X1$959
2018 BMW X1$965
2019 BMW X1$976
2020 BMW X1$1,718

Compare BMW X1 car insurance rates by state

BMW X3 insurance cost

BMW X3

The 2021 BMW X3 is an excellent choice for those looking to buy a small luxury SUV. Whether you want comfort, safety, performance, or advanced tech, BMW X3 has it all.

The average BMW X3 car insurance cost for 2021 is $1,941 a year or $161 a month for a 30-year-old driver.

Highlights-

  • MSRP range- $43,000 - $56,600
  • Trims available- sDrive30i, xDrive30i, M40i & xDrive30e
  • Average annual cost to insure- $1,941

Find below the BMW X3 car insurance rates by model year-

Average BMW X3 Car Insurance Rates
Year and ModelAnnual Average Cost
2015 BMW X3$975
2016 BMW X3$990
2017 BMW X3$999
2018 BMW X3$1,009
2019 BMW X3$1,065
2020 BMW X3$1,990

BMW X3 is a car of tomorrow, with advanced technology to make your life easier. Besides, it has earned five stars overall safety ratings from NHTSA.

Compare BMW X3 car insurance rates by state

BMW 3 series insurance cost

BMW 3 Series

The BMW 3 Series sedan has been on the market for a few years now, and for 2021 they have added another variant to the lineup. This time around, it's called "330e plug-in hybrid". The BMW 3 Series models offer amazing design features, engine efficiency, and innovative technology.

BMW 3 series configuration-

  • BMW 320i
  • BMW 328d
  • BMW 328i
  • BMW 328xi
  • BMW 330i
  • BMW 330e
  • BMW 335i
  • BMW 340i

Highlights

  • MSRP range- $41,250 - $56,700
  • Trims available- 330i, M340i & 330e plug-in hybrid
  • Average annual cost to insure- $2,242.38

Fine below the average annual insurance rates for BMW 3 Series by model year-

Average BMW 3 Series Car Insurance Rates
Year and ModelAnnual Average Cost
2015 BMW 320i$1,045
2016 BMW 320i$1,065
2017 BMW 320i$1,077
2018 BMW 320i$1,104
2020 BMW 320i$2,044
2015 BMW 328d$1,049
2016 BMW 328d$1,086
2017 BMW 328d$1,098
2018 BMW 328d$1,134
2020 BMW 328d$2,091
2015 BMW 328i$1,048
2016 BMW 328i$1,049
2017 BMW 328i$1,055
2015 BMW 328xi$1,004
2016 BMW 328xi$1,009
2016 BMW 330E$1,109
2017 BMW 330E$1,129
2018 BMW 330E$1,145
2020 BMW 330E$2,159
2017 BMW 330i$1,089
2018 BMW 330i$1,102
2019 BMW 330i$1,109
2020 BMW 330i$2,114
2015 BMW 335i$1,079
2016 BMW 335i$1,076
2016 BMW 340i$1,127
2017 BMW 340i$1,141
2018 BMW 340i$1,173
2019 BMW 340i$1,179
2020 BMW 340i$2,299

Compare BMW 3 Series car insurance rates by state

BMW 5 series insurance cost

BMW 5 Series

The BMW 5 Series is a midsize luxury sports sedan that fits in fine between the smaller BMW 3 Series and the larger 7 Series. It's a perfect blend of power, engaging handling, and comfort.

The average BMW 5 series car insurance cost for 2021 is $2,450.17 a year for a 30-year-old driver.

BMW 5 series configuration-

  • BMW 528i
  • BMW 530e
  • BMW 530i
  • BMW 535D
  • BMW 535i
  • BMW 540i
  • BMW 550i

Highlights-

  • MSRP range- $54,200 - $76,800
  • Trims available- 530i, 530e plug-in hybrid, 540i, M550i
  • Average annual cost to insure- $2,450.17

Following is a list of average BMW 5 series car insurance rates by model year-

Average BMW 5 Series Car Insurance Rates
Year and ModelAnnual Average Cost
2015 BMW 528i$1,106
2016 BMW 528i$1,144
2018 BMW 530e$1,134
2019 BMW 530e$1,165
2020 BMW 530e$2,272
2017 BMW 530i$1,156
2018 BMW 530i$1,167
2019 BMW 530i$1,194
2020 BMW 530i$2,309
2015 BMW 535D$1,133
2016 BMW 535D$1,181
2015 BMW 535i$1,164
2016 BMW 535i$1,187
2017 BMW 535i$1,224
2018 BMW 535i$1,237
2017 BMW 540i$1,180
2018 BMW 540i$1,181
2019 BMW 540i$1,230
2020 BMW 540i$2,431
2015 BMW 550i$1,228
2016 BMW 550i$1,278
2017 BMW 550i$1,302
2018 BMW 550i$1,287

The insurance cost for BMW 5 Series may vary depending on where you live, your age, and your driving record. Make sure you shop around to find the best deal.

The insurance cost for BMW 5 Series may vary depending on where you live, your age, and your driving record. Make sure you shop around to find the best deal.

Compare BMW 5 Series car insurance rates by state

Sources:

2021 BMW 3 series is awarded 2021 Top Safety Pick from Insurance Institute for Highway Safety.

The 2021 BMW X1 earned 5 stars overall rating from National Highway Traffic Safety Administration (NHTSA).