BMW X3 vs. BMW X5 – Which Has Cheaper Car Insurance Rates?

• A 2024 BMW X3 costs less to insure than a 2024 BMW X5 by an average of $228 per year, $2,764 compared to $2,992.
• For the 2024 model year BMW X3, rates range from $2,562 to $3,022 per year, while the insurance price for the 2024 BMW X5 costs from $2,748 to $3,404, depending on the exact model being insured.

Is insurance cheaper for a BMW X3 or BMW X5?

Car insurance for a 2024 BMW X3 averages $2,764 per year, and insurance for a 2024 BMW X5 costs an average of $2,992 per year, making the BMW X3 the model with better average insurance cost.

Out of four trim levels for the 2024 BMW X3, the cheapest auto insurance rates are on the sDrive30i trim at a cost of $2,562 per year. The 2024 BMW X5 has five trims available, with the cheapest trim level to insure being the sDrive40i model at an average cost of $2,748 per year.

When insurance rates for all nine trim levels for both vehicles are compared, the lowest-cost model and trim level is the BMW X3 sDrive30i at an average rate of $2,562 per year. The most expensive vehicle to insure is the BMW X5 M AWD costing an average of $3,404 per year.

The rate table below compares the annual and monthly car insurance cost for 2024 BMW X3 and BMW X5 models, showing average cost by trim level for each model.

The chart shown below illustrates the average cost to insure the two models for different driver ages. For a 2024 BMW X3, average insurance cost ranges from $2,438 to $5,574 per year for these driver ages. A 2024 BMW X5 costs from $2,624 to $6,136 to insure per year.

The tables below illustrate the average insurance cost by trim level for both 2024 models, as well as an average rate for each model.

2023 BMW X3 vs. BMW X5

When comparing the BMW X3 and BMW X5 for the 2023 model year, the model having the cheapest rates is the BMW X3. Insurance on a BMW X3 costs an average of $2,684 per year, whereas the BMW X5 costs an average of $2,886 per year.

Average 2023 BMW X3 insurance rates range from $2,492 per year for the sDrive30i model up to the highest rate of $2,934 for the M xDrive model.

For the 2023 BMW X5, rates range from $2,668 per year for the sDrive40i model up to $3,256 for the most expensive M xDrive model.

The table below ranks the annual and monthly car insurance costs for 2023 BMW X3 and BMW X5 models, showing the average insurance rate for each trim level.

The rate chart below visualizes the average car insurance cost for both 2023 models using drivers aged 20 to 50. Insurance cost ranges from $2,368 to $5,424 per year on the 2023 BMW X3, and $2,534 to $5,924 on a 2023 BMW X5 for the age groups included in the chart.

A 2023 BMW X3 has four trims available, with the most affordable model to insure being the sDrive30i trim at an average cost of $2,492 per year, or $208 per month. For the five different trims available for the BMW X5, the lowest-cost 2023 trim to insure is the sDrive40i trim at a cost of $2,668 per year, or about $222 per month.

When insurance prices for all nine trims of both models are combined and sorted by cost, the lowest-cost trim level to buy insurance for is the BMW X3 sDrive30i at a cost of $2,492 per year, and the most expensive model and trim level is the BMW X5 M xDrive costing an average of $3,256 per year.

The rate tables below illustrate the expected annual car insurance cost by trim level for both 2023 models, including an overall average rate. The cheapest model to insure for the 2023 model year is the BMW X3.

2022 BMW X3 vs. BMW X5

When comparing insurance costs for the 2022 BMW X3 and BMW X5 models, the BMW X3 has cheaper rates by an average of $98 per year.

The following chart illustrates the average car insurance cost for both 2022 models for four different driver age groups. For a 2022 BMW X3, the average insurance cost ranges from $2,312 to $5,306 per year. Auto insurance for a 2022 BMW X5 costs from $2,390 to $5,560 on average per year.

For the four trims available for the 2022 BMW X3, the most affordable model to insure is the sDrive trim at an average cost of $2,434 per year, or $203 per month. A 2022 BMW X5 has five option levels available, with the lowest-cost trim to insure being the sDrive model at an average cost of $2,512 per year, or about $209 per month.

When all nine trims of both models are combined and compared, the cheapest trim to put coverage on is the BMW X3 sDrive at an average cost of $2,434 per year. The overall most expensive vehicle to insure is the BMW X5 M xDrive at an average of $3,062 per year.

The next tables illustrate the expected annual car insurance cost by trim level for both 2022 models, plus the average rate for each model. The winner for the 2022 car insurance battle is the BMW X3.

2021 BMW X3 vs. BMW X5

When comparing the average insurance cost for 2021 models, the BMW X3 costs an average of $2,422 per year to insure and the BMW X5 costs $2,562, making the BMW X3 the cheaper model by $140.

The following chart demonstrates the average insurance cost for both models rated for a variety of different driver ages. Insurance cost ranges from $2,138 to $4,918 per year on the 2021 BMW X3, and $2,246 to $5,220 on a 2021 BMW X5 for the driver ages used.

Out of 15 trim levels for a 2021 BMW X3, the lowest-cost insurance rates are on the sDrive 30i 2WD trim at a cost of $2,264 per year, or about $189 per month. Out of the 14 different trim levels available for a BMW X5, the most affordable 2021 trim level to insure is the sDrive 40i AWD trim at a cost of $2,364.

When insurance prices for all 29 trims of both models are combined and sorted by cost, the most affordable model and trim level to put coverage on is the BMW X3 sDrive 30i 2WD at an average cost of $2,264 per year, and the highest-cost model and trim is the BMW X5 m50i Executive AWD at a cost of $2,750 per year.

The rate tables below detail both 2021 models and all trim levels available for each one, as well as an average rate for each model. The model with the cheapest car insurance rates for 2021 is the BMW X3.

2020 BMW X3 vs. BMW X5

A 2020 BMW X3 costs $130 less per year to insure per year on average than a 2020 BMW X5, a difference of 5.4%.

The chart below visualizes the average cost to insure the two models rated for multiple driver ages. The average car insurance cost ranges from $2,070 to $4,760 per year for a 2020 BMW X3, and $2,170 to $5,042 on the 2020 BMW X5 for the chosen age groups in the chart.

The 2020 BMW X3 has 15 trims available, with the cheapest model to insure being the sDrive 30i 2WD trim at an average cost of $2,194 per year, or about $183 per month. For the 14 trim levels available for the BMW X5, the cheapest 2020 model to insure is the sDrive 40i AWD trim at a cost of $2,286 per year, or around $191 per month.

When comparing aggregated rates for both models from a trim-level perspective, the cheapest vehicle to buy insurance for is the BMW X3 sDrive 30i 2WD at an average of $2,194 per year, and the highest-cost model and trim level is the BMW X5 m50i Executive AWD at a cost of $2,658 per year.

The next two tables illustrate average car insurance rates for every trim level for both 2020 models, plus the average rate for each model. The cheapest to insure for the 2020 model year is the BMW X3.

2019 BMW X3 vs. BMW X5

When comparing insurance rates for 2019 models, a BMW X3 costs an average of $2,138 per year to insure while a BMW X5 costs $2,334, making the BMW X3 cheaper to insure by $196 per year for this model year.

The chart below shows the average insurance cost for the two models for the 20 to 50-year-old driver age groups. For the 2019 BMW X3, the average cost of car insurance ranges from $1,890 to $4,320 per year. Full-coverage insurance on the 2019 BMW X5 costs from $2,048 to $4,734 on average per year.

Out of three trims for a 2019 BMW X3, the lowest-cost average car insurance prices are on the 30i sDrive AWD trim at a cost of $2,100 per year.

Out of the two different trim levels available for a BMW X5, the lowest-cost 2019 trim level to insure is the xDrive 40i AWD trim at a cost of $2,244.

When looking at the combined rates by trim level for both models, the most affordable model to insure is the BMW X3 30i sDrive AWD at an average cost of $2,100 per year, and the most expensive model and trim level is the BMW X5 xDrive 50i AWD at a cost of $2,422 per year.

The tables below illustrate the expected annual car insurance cost by trim level for both 2019 models, plus the average rate for each model. The model with the cheapest average car insurance rates for 2019 is the BMW X3.

2018 BMW X3 vs. BMW X5

For the 2018 BMW X3 and BMW X5 models, the BMW X3 has cheaper car insurance cost by an average of $224 per year.

The chart below displays the average cost to insure the two models with different drivers at the wheel. Average car insurance cost ranges from $1,824 to $4,144 per year on a 2018 BMW X3, and $2,004 to $4,646 on a 2018 BMW X5 for the chosen age groups in the chart.

Out of two BMW X3 trim levels, the most affordable 2018 trim level to insure is the 30i xDrive AWD trim at an average cost of $2,002 per year, or about $167 per month. Out of the six trim and option levels available for a BMW X5, the lowest-cost 2018 trim to insure is the 3.5i sDrive 2WD model at a cost of $2,210.

When trim-level rates for both models are compared, the most affordable model and trim level to put coverage on is the BMW X3 30i xDrive AWD at a cost of $2,002 per year. The highest-cost model and trim is the BMW X5 M AWD at an average of $2,376 per year.

The next two tables break down trim level insurance cost averages for both 2018 models, including an overall average rate. The 2018 BMW X3 has more affordable average car insurance rates than the 2018 BMW X5.

2017 BMW X3 vs. BMW X5

When comparing average insurance rates for 2017 models, a BMW X3 costs an average of $1,924 per year to insure while a BMW X5 costs $2,224, making the BMW X3 cheaper to insure by $300 per year.

The following chart demonstrates the average car insurance cost for the two models using different driver ages. For a 2017 BMW X3, the average car insurance cost ranges from $1,706 to $3,870 per year for the five different driver ages shown in the chart. Insurance for the 2017 BMW X5 costs from $1,956 to $4,524 on average per year.

The 2017 BMW X3 has four trims available, with the lowest-cost trim level to insure being the 28i sDrive AWD model at an average cost of $1,872 per year, or $156 per month.

Out of the six different trims available for a BMW X5, the lowest-cost 2017 model to insure is the 3.5d xDrive AWD model at a cost of $2,114 per year, or around $176 per month.

When comparing car insurance rates for both models by trim level, the cheapest vehicle to insure is the BMW X3 28i sDrive AWD at a cost of $1,872 per year, and the overall most expensive vehicle to insure is the BMW X5 M AWD at a cost of $2,572 per year.

The two tables below detail average car insurance cost by trim level for a 2017 BMW X3 and BMW X5, along with the average rate for each model. The 2017 BMW X3 has cheaper average auto insurance rates than the 2017 BMW X5.

2016 BMW X3 vs. BMW X5

When comparing insurance costs for the 2016 BMW X3 and BMW X5 models, the BMW X3 has cheaper rates by an average of $402 per year.

The chart shown below illustrates the average insurance cost for the two models using a range of rated driver ages. For the 2016 BMW X3, the average car insurance cost ranges from $1,658 to $3,742 per year for the sample drivers in the chart. Car insurance on a 2016 BMW X5 costs from $2,002 to $4,610 on average per year.

The 2016 BMW X3 has four trim levels available, with the cheapest trim level to insure being the 28i sDrive AWD trim at an average cost of $1,814 per year, or $151 per month. Out of the six different trim levels available for a BMW X5, the cheapest 2016 trim to insure is the 3.5i sDrive 2WD trim at a cost of $2,122 per year, or around $177 per month.

When looking at the aggregated rates by trim level for both models, the cheapest model and trim level to buy insurance for is the BMW X3 28i sDrive AWD at an average rate of $1,814 per year, and the highest-cost model and trim is the BMW X5 M AWD costing $2,588 per year.

The tables shown below display both 2016 models and all trim levels available for each one, as well as an average rate for each model. The 2016 BMW X3 has cheaper overall car insurance rates than the 2016 BMW X5.

2015 BMW X3 vs. BMW X5

When comparing average insurance cost for 2015 models, the BMW X3 costs $1,766 per year for a full-coverage policy and the BMW X5 costs $2,038, making the BMW X3 the cheaper model by $272.

The chart below visualizes the average car insurance cost for both 2015 models for four different driver age groups. A full-coverage car insurance policy ranges from $1,576 to $3,554 per year on the 2015 BMW X3, and $1,804 to $4,136 on a 2015 BMW X5 for the included driver ages.

Out of four trims for the 2015 BMW X3, the most affordable average insurance prices are on the 28i sDrive AWD model at a cost of $1,722 per year, or about $144 per month.

A 2015 BMW X5 has five trim levels available, the most affordable model to insure is the 3.5i sDrive 2WD trim at an average cost of $1,908 per year, or about $159 per month.

When rates are compared for the nine option levels of both 2015 models, the overall cheapest vehicle to buy insurance for is the BMW X3 28i sDrive AWD at a cost of $1,722 per year. The most expensive trim is the BMW X5 M AWD costing $2,340 per year.

The tables shown below display the cost to insure the available trim levels for both 2015 models, including the average rate for each model.

Additional BMW X3 and BMW X5 Resources

• BMW X3 Insurance Cost
• BMW X5 Insurance Cost
• Small Luxury SUV Insurance Cost Comparisons
• Midsize Luxury SUV Insurance Cost Comparisons