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.
Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.
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Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a BMW X3 is $2,610 per year or $218 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.
Nationwide offers the cheapest annual rate for 2024 BMW X3 at $1,962 per year.
Below, we'll look at BMW X3 insurance rates and show you how to save.
Average insurance cost of BMW X3 by model year
| Year of BMW X3 model | Average cost to insure |
|---|---|
| 2024 | $2,610 |
| 2023 | $2,610 |
| 2022 | $2,526 |
| 2021 | $2,543 |
| 2020 | $2,468 |
Compare X3 insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| State Farm | 2WD 4 Door SUV DOHC Turbo | $2,141 |
| State Farm | 2WD 4 Door SUV DOHC Turbo 4001 to 5000 Lbs | $2,141 |
| Nationwide | 2WD 4 Door SUV DOHC Turbo | $2,516 |
| Nationwide | 2WD 4 Door SUV DOHC Turbo 4001 to 5000 Lbs | $2,516 |
| GEICO | 2WD 4 Door SUV DOHC Turbo | $2,654 |
| GEICO | 2WD 4 Door SUV DOHC Turbo 4001 to 5000 Lbs | $2,654 |
| Progressive | 2WD 4 Door SUV DOHC Turbo | $2,753 |
| Progressive | 2WD 4 Door SUV DOHC Turbo 4001 to 5000 Lbs | $2,753 |
| Allstate | 2WD 4 Door SUV DOHC Turbo | $4,816 |
| Allstate | 2WD 4 Door SUV DOHC Turbo 4001 to 5000 Lbs | $4,816 |
BMW X3 insurance rates per year
2024 BMW X3 insurance rates
Rank Company Average annual premium 1 Nationwide $1,962 2 State Farm $2,198 3 GEICO $2,357 4 Progressive $2,509 5 Farmers $3,088 6 Allstate $3,548 2023 BMW X3 insurance rates
Rank Company Average annual premium 1 Nationwide $2,104 2 State Farm $2,175 3 GEICO $2,349 4 Progressive $2,501 5 Farmers $3,071 6 Allstate $3,459 2022 BMW X3 insurance rates
Rank Company Average annual premium 1 State Farm $2,076 2 Nationwide $2,116 3 GEICO $2,250 4 Progressive $2,440 5 Farmers $2,989 6 Allstate $3,285 2021 BMW X3 insurance rates
Rank Company Average annual premium 1 Nationwide $2,075 2 State Farm $2,132 3 GEICO $2,171 4 Progressive $2,337 5 Allstate $3,081 6 Farmers $3,462 2020 BMW X3 insurance rates
Rank Company Average annual premium 1 State Farm $2,071 2 GEICO $2,106 3 Nationwide $2,202 4 Progressive $2,270 5 Allstate $2,969 6 Farmers $3,192 2019 BMW X3 insurance rates
Rank Company Average annual premium 1 GEICO $1,884 2 State Farm $1,936 3 Progressive $2,122 4 Nationwide $2,281 5 Farmers $2,575 6 Allstate $2,840 2018 BMW X3 insurance rates
Rank Company Average annual premium 1 GEICO $2,000 2 State Farm $2,031 3 Progressive $2,202 4 Nationwide $2,360 5 Farmers $2,568 6 Allstate $2,809 2017 BMW X3 insurance rates
Rank Company Average annual premium 1 GEICO $1,839 2 State Farm $1,866 3 Progressive $2,025 4 Nationwide $2,031 5 Farmers $2,425 6 Allstate $2,549
BMW insurance annual rates by model
Methodology
Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.
Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:
- Bodily injury liability of $100,000 per person and $300,000 per incident
- Property damage liability of $100,000 per incident
- Comprehensive and collision deductibles of $500
- 40-year-old driver
- Honda Accord LX
- Good credit
- A clean driving record
- 12-mile commute, 10,000 annual mileage