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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
Graph
Table
Year of Bmw 230i ModelAverage Cost to Insure
2020$1,938
2019$2,091
2018$2,041
2017$2,025

Compare BMW 2 Series Insurance Rates by State

L O A D I N G
Company Style Full Coverage(Avg) Liability Coverage(Avg) State Minimum Coverage(Avg)
Allstate2 Door Convertible Turbo$2,791$780$680
Geico2 Door Convertible Turbo$1,900$449$316
Farmers2 Door Convertible Turbo$2,938$1,196$1,012
Nationwide2 Door Convertible Turbo$3,496$983$725
Progressive2 Door Convertible Turbo$2,047$635$432
State Farm2 Door Convertible Turbo$2,433$801$569
Allstate2 Door Coupe Turbo$2,390$780$680
Geico2 Door Coupe Turbo$2,057$449$316
Farmers2 Door Coupe Turbo$2,624$882$764
Nationwide2 Door Coupe Turbo$3,057$939$694
Progressive2 Door Coupe Turbo$2,339$685$464
State Farm2 Door Coupe Turbo$2,499$843$598

2020 Bmw 230i Insurance Rates

Average Cost to Insure $1,938
Annual Cheapest Rate $1,441
Available Trims XDrive
RankCompaniesAverage Premium
1State Farm$1,441
2Geico$1,578
3Progressive$1,690
4Nationwide$1,813
5Farmers$2,199
6Allstate$2,908

2019 Bmw 230i Insurance Rates

Average Cost to Insure $2,091
Annual Cheapest Rate $1,524
Available Trims XDrive
RankCompaniesAverage Premium
1State Farm$1,524
2Geico$1,631
3Nationwide$1,805
4Progressive$2,209
5Farmers$2,654
6Allstate$2,724

2018 Bmw 230i Insurance Rates

Average Cost to Insure $2,041
Annual Cheapest Rate $1,484
Available Trims XDrive
RankCompaniesAverage Premium
1State Farm$1,484
2Geico$1,620
3Nationwide$1,844
4Progressive$2,121
5Farmers$2,576
6Allstate$2,598

2017 Bmw 230i Insurance Rates

Average Cost to Insure $2,025
Annual Cheapest Rate $1,426
Available Trims XDrive
RankCompaniesAverage Premium
1State Farm$1,426
2Geico$1,691
3Nationwide$1,869
4Progressive$2,089
5Farmers$2,508
6Allstate$2,567

Compare BMW insurance rates by model

Make/ModelAnnual 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

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