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 $1,938 per year or $162 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 2020 Bmw 230i costs $1,938 per year, whereas the 2019 Bmw 230i costs $2,091 annually. State Farm offers the cheapest annual rate for 2020 Bmw 230i $1,441 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 |
---|
2020 | $1,938 |
2019 | $2,091 |
2018 | $2,041 |
2017 | $2,025 |
Compare BMW 2 Series Insurance Rates by State
2020 Bmw 230i Insurance Rates
Average Cost to Insure
$1,938
Annual Cheapest Rate
$1,441
Available Trims
XDrive
Rank | Companies | Average Premium |
---|
1 | State Farm | $1,441 |
2 | Geico | $1,578 |
3 | Progressive | $1,690 |
4 | Nationwide | $1,813 |
5 | Farmers | $2,199 |
6 | Allstate | $2,908 |
2019 Bmw 230i Insurance Rates
Average Cost to Insure
$2,091
Annual Cheapest Rate
$1,524
Available Trims
XDrive
Rank | Companies | Average 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
Average Cost to Insure
$2,041
Annual Cheapest Rate
$1,484
Available Trims
XDrive
Rank | Companies | Average 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
Average Cost to Insure
$2,025
Annual Cheapest Rate
$1,426
Available Trims
XDrive
Rank | Companies | Average 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 |
Compare BMW insurance rates by model
Make/Model | Annual Rates |
---|
BMW I8 | $3,571/year |
BMW Alpina | $3,139/year |
BMW 740I | $2,619/year |
BMW 440I | $2,414/year |
BMW 230I | $2,015/year |
BMW X3 | $1,760/year |
BMW X1 | $1,641/year |
BMW M4 | $2,924/year |
BMW 530I | $2,311/year |
BMW 330I | $2,104/year |