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-
| Year and Model | Average Annual Cost for 30 year Old Driver | Average 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 |
Choose Your Vehicle Model
BMW M4 insurance cost
- MSRP range-$71,800 - $74,700
- Trims available- coupe and competition
- Average annual cost to insure- $3,805
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.
Following is a list of BMW M4 insurance rates by model year-
| Year and Model | Annual 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
- MSRP range- $35,400 - $37,400
- Trims available- sDrive28i & xDrive28i
- Average annual cost to insure- $1,700
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.
The table below details the BMW X1 car insurance rates by model year-
| Year and Model | Annual 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
- MSRP range- $43,000 - $56,600
- Trims available- sDrive30i, xDrive30i, M40i & xDrive30e
- Average annual cost to insure- $1,941
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.
Find below the BMW X3 car insurance rates by model year-
| Year and Model | Annual 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
- MSRP range- $41,250 - $56,700
- Trims available- 330i, M340i & 330e plug-in hybrid
- Average annual cost to insure- $2,242.38
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
Fine below the average annual insurance rates for BMW 3 Series by model year-
| Year and Model | Annual 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
- MSRP range- $54,200 - $76,800
- Trims available- 530i, 530e plug-in hybrid, 540i, M550i
- Average annual cost to insure- $2,450.17
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
Following is a list of average BMW 5 series car insurance rates by model year-
| Year and Model | Annual 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
The 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).