Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.
Car insurance rates vary based on the make and model of the vehicle and trim levels. According to Insurance.com research, the average cost of insuring a Bmw 230i is $2,484 per year or $207 per month. However, these rates can vary depending on your location, driving history, age, and other factors.
The auto insurance rates also change based on the vehicle’s model year. For example, the 2023 Bmw 230i costs $2,484 per year, whereas the 2021 Bmw 230i costs $1,964 annually. State Farm offers the cheapest annual rate for 2023 Bmw 230i $1,729 per year.
Keep reading to learn more about which state offers the cheapest car insurance rates based on model year and which model year is the cheapest to insure amongst all the models surveyed by Insurance.com.
Average insurance cost of Bmw 230i by model year
| Year of Bmw 230i model | Average cost to insure |
|---|---|
| 2023 | $2,484 |
| 2021 | $1,964 |
| 2020 | $2,008 |
| 2019 | $2,091 |
| 2018 | $2,041 |
Compare Bmw 230i insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| State Farm | 2WD 2 Door Coupe Automatic DOHC Turbo | $1,827 |
| Nationwide | 2WD 2 Door Coupe Automatic DOHC Turbo | $2,722 |
| GEICO | 2WD 2 Door Coupe Automatic DOHC Turbo | $2,759 |
| Progressive | 2WD 2 Door Coupe Automatic DOHC Turbo | $3,377 |
| Allstate | 2WD 2 Door Coupe Automatic DOHC Turbo | $4,586 |
Bmw 230i insurance rates per year
2023 Bmw 230i insurance rates
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,729 |
| 2 | Nationwide | $2,181 |
| 3 | GEICO | $2,212 |
| 4 | Progressive | $2,591 |
| 5 | Farmers | $3,067 |
| 6 | Allstate | $3,126 |
2021 Bmw 230i insurance rates
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,328 |
| 2 | Progressive | $1,524 |
| 3 | GEICO | $1,685 |
| 4 | Nationwide | $1,867 |
| 5 | Farmers | $2,383 |
| 6 | Allstate | $2,994 |
2020 Bmw 230i insurance rates
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,464 |
| 2 | GEICO | $1,578 |
| 3 | Progressive | $1,931 |
| 4 | Nationwide | $1,986 |
| 5 | Farmers | $2,178 |
| 6 | Allstate | $2,908 |
2019 Bmw 230i insurance rates
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,524 |
| 2 | GEICO | $1,631 |
| 3 | Nationwide | $1,805 |
| 4 | Progressive | $2,209 |
| 5 | Farmers | $2,654 |
| 6 | Allstate | $2,724 |
2018 Bmw 230i insurance rates
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,484 |
| 2 | GEICO | $1,620 |
| 3 | Nationwide | $1,844 |
| 4 | Progressive | $2,121 |
| 5 | Farmers | $2,576 |
| 6 | Allstate | $2,598 |
2017 Bmw 230i insurance rates
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,426 |
| 2 | GEICO | $1,691 |
| 3 | Nationwide | $1,869 |
| 4 | Progressive | $2,089 |
| 5 | Farmers | $2,508 |
| 6 | Allstate | $2,567 |
