2021 BMW 230i Car Insurance Calculator

Gain insights into how different driver, vehicle, and coverage options affect the cost of insurance for a 2021 BMW 230i. Make changes to factors like your marital status, location, and homeowner status to see their effect on premiums. Immediately discover the impact of your choices on the cost of insurance.

The average estimated car insurance premium for a 2021 BMW 230i is $2,336 per year, or about $195 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,336

Cost Per Month

$195

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

BMW 230i Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2021 BMW 230i.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,336
Average Rate
Your Rate
$2,336

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2021 BMW 230i trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2021 BMW 230i is $2,336.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2021 BMW 230i vs. the Small Luxury Car Segment

The table below compares insurance rates for the 2021 BMW 230i against all other models in the small luxury car segment. The BMW 230i is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the BMW 230i, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW 230i.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2021 BMW 230i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mercedes-Benz A220$2,032-$304
2Volvo S60$2,200-$136
3BMW 330i$2,250-$86
4Cadillac CT4$2,276-$60
5Acura TLX$2,290-$46
6Lexus RC 350$2,314-$22
7BMW i3$2,326-$10
8BMW 230i$2,336--
9Genesis G70$2,370$34
10Audi S3$2,380$44
11Alfa Romeo Giulia$2,388$52
2021 Small Luxury Car Average$2,390$54
12Audi A4$2,416$80
13Mercedes-Benz C300$2,512$176
14BMW M240i$2,520$184
15Audi RS 3$2,556$220
16Lexus IS 350$2,604$268
17BMW 340i$2,866$530

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2021 230i Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2021 BMW 230i.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2021 BMW 230i Insurance Rates by Trim Level
2021 BMW 230i Trim Level Annual Premium Cost Per Month
Coupe$2,258$188
Convenience Coupe$2,322$194
Convertible$2,322$194
Premium Convertible$2,322$194
Premium Coupe$2,322$194
Sport Convertible$2,322$194
Sport Coupe$2,322$194
Track Handling Convertible$2,322$194
xDrive Convenience Coupe$2,322$194
xDrive Convertible$2,322$194
xDrive Coupe$2,322$194
xDrive Premium Convertible$2,322$194
xDrive Premium Coupe$2,322$194
xDrive Sport Coupe$2,388$199
xDrive Sport Convertible$2,434$203
xDrive Track Handling Convertible$2,434$203

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2021 BMW 230i for different driver ages.

2021 BMW 230i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,214$685
17$7,991$666
18$7,225$602
19$6,558$547
20$5,040$420
21$4,811$401
22$4,318$360
23$3,524$294
24$3,345$279
25$2,714$226
30$2,496$208
35$2,396$200
40$2,336$195
45$2,180$182
50$2,064$172
55$1,926$161
60$1,932$161
65$2,060$172
70$2,208$184
75$2,582$215
80$3,176$265

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all BMW 230i trim levels.