BMW iX Car Insurance Calculator

Understand how changing risk factors affect the cost of insurance for a BMW iX. Tweak settings like your marital status, location, and homeowner status to see how insurance cost is affected. Immediately discover if your choice raised or lower rates and learn why.

The average estimated car insurance premium for a 2024 BMW iX is $3,192 per year, or about $266 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

$3,192

Cost Per Month

$266

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 iX 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 BMW iX.

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.

$3,192
Average Rate
Your Rate
$3,192

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.

Changing the Model Year option in the calculator will reset the Average Rate to the average cost to insure that specific model year BMW iX.

The 'Average Rate' is a combined value for all BMW iX 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 2024 BMW iX is $3,192.

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.

2024 BMW iX vs. the Midsize Luxury SUV Segment

The table below compares insurance rates for the 2024 BMW iX against all other models in the midsize luxury SUV segment. The BMW iX 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 iX, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW iX.

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

2024 BMW iX Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Jaguar E-Pace$2,190-$1,002
2Cadillac XT5$2,210-$982
3Infiniti QX50$2,276-$916
4Cadillac XT6$2,292-$900
5Infiniti QX60$2,304-$888
6Mercedes-Benz AMG GLB35$2,308-$884
7Acura MDX$2,342-$850
8Lexus RX 350$2,350-$842
9Lexus TX 350$2,380-$812
10Lexus RX 350h$2,410-$782
11Lexus TX 500h$2,446-$746
12Lexus RX 500h$2,454-$738
13Lincoln Nautilus$2,472-$720
14Lexus RX 450h$2,476-$716
15Volvo V90$2,496-$696
16Audi SQ5$2,584-$608
17Mercedes-Benz GLE350$2,616-$576
18Lincoln Aviator$2,636-$556
19Lexus GX 550$2,664-$528
20Volvo V60$2,742-$450
21Land Rover Discovery Sport$2,746-$446
22Mercedes-Benz GLE450$2,758-$434
2024 Midsize Luxury SUV Average$2,782-$410
23Cadillac Lyriq$2,784-$408
24Volvo EX90$2,806-$386
25Audi Q7$2,842-$350
26Genesis GV80$2,854-$338
27Mercedes-Benz AMG GLC43$2,868-$324
28Audi e-tron$2,920-$272
29Tesla Model X$2,944-$248
30BMW X5$2,992-$200
31Audi Q8$3,012-$180
32Land Rover Discovery$3,026-$166
33Mercedes-Benz AMG GLE53$3,046-$146
34Audi SQ7$3,148-$44
35BMW iX$3,192--
36BMW X6$3,272$80
37Land Rover Range Rover Sport$3,410$218
38Audi RS 6$3,482$290
39Porsche Cayenne$3,506$314
40BMW XM$3,844$652
41Mercedes-Benz AMG GLE63$3,948$756

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.

2024 iX Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 BMW iX.

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.

2024 BMW iX Insurance Rates by Trim Level
2024 BMW iX Trim Level Annual Premium Cost Per Month
xDrive50$3,018$252
M60 AWD$3,366$281

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 2024 BMW iX for different driver ages.

2024 BMW iX Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,055$921
17$10,825$902
18$9,921$827
19$8,949$746
20$6,913$576
21$6,599$550
22$5,947$496
23$4,810$401
24$4,576$381
25$3,718$310
30$3,428$286
35$3,274$273
40$3,192$266
45$2,968$247
50$2,802$234
55$2,616$218
60$2,626$219
65$2,802$234
70$2,982$249
75$3,454$288
80$4,242$354

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 iX trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the BMW iX.

These values do not change with the calculator settings. These rates provide a "base average rate" to compare your calculated rate to, and the highlighted row indicates the currently selected model year.

Changing the calculator settings will cause your rate to move higher or lower than the average annual premium.

If the calculated 'Annual Premium' shown at the bottom of your screen is higher than the highlighted annual premium in the table, refer to the insurance analysis section to find out what factors might be causing the increase.

Average BMW iX Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 BMW iX$3,192$266
2023 BMW iX$3,102$259
2022 BMW iX$2,854$238

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 BMW iX trim levels for each model year.