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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 is $2,538 per year or $212 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 costs $2,538 per year, whereas the 2019 Bmw costs $2,601 annually. State Farm offers the cheapest annual rate for 2020 Bmw $1,867 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 by model year
Graph
Table
Year of Bmw ModelAverage Cost to Insure
2020$2,538
2019$2,601
2018$2,525
2017$2,465
2016$2,354

Compare BMW X4 Insurance Rates by State

L O A D I N G
Company Style Full Coverage(Avg) Liability Coverage(Avg) State Minimum Coverage(Avg)

2020 Bmw Insurance Rates

Average Cost to Insure $2,538
Annual Cheapest Rate $1,867
Available Trims n/a
RankCompaniesAverage Premium
1State Farm$1,867
2Progressive$1,996
3Geico$2,315
4Nationwide$2,358
5Farmers$2,595
6Allstate$4,097

2019 Bmw Insurance Rates

Average Cost to Insure $2,601
Annual Cheapest Rate $1,863
Available Trims n/a
RankCompaniesAverage Premium
1State Farm$1,863
2Nationwide$2,321
3Progressive$2,398
4Geico$2,411
5Farmers$3,071
6Allstate$3,541

2018 Bmw Insurance Rates

Average Cost to Insure $2,525
Annual Cheapest Rate $1,816
Available Trims n/a
RankCompaniesAverage Premium
1State Farm$1,816
2Nationwide$2,277
3Geico$2,299
4Progressive$2,330
5Farmers$3,031
6Allstate$3,399

2017 Bmw Insurance Rates

Average Cost to Insure $2,465
Annual Cheapest Rate $1,779
Available Trims n/a
RankCompaniesAverage Premium
1State Farm$1,779
2Geico$2,202
3Nationwide$2,289
4Progressive$2,299
5Farmers$2,961
6Allstate$3,262

2016 Bmw Insurance Rates

Average Cost to Insure $2,354
Annual Cheapest Rate $1,700
Available Trims n/a
RankCompaniesAverage Premium
1State Farm$1,700
2Geico$2,021
3Nationwide$2,258
4Progressive$2,273
5Farmers$2,865
6Allstate$3,007

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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