2023 BMW iX Car Insurance Calculator

Discover and learn how different factors influence insurance rates for a 2023 BMW iX. Make changes to factors like annual miles driven, vehicle usage, and gender of the driver to see how your rate changes. Know immediately how much your choice changes rates and why.

The average estimated car insurance premium for a 2023 BMW iX is $3,102 per year, or about $259 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

$3,102

Cost Per Month

$259

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 2023 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.

$3,102
Average Rate
Your Rate
$3,102

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 2023 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 2023 BMW iX is $3,102.

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.

2023 BMW iX vs. the Midsize Luxury SUV Segment

The table below compares insurance rates for the 2023 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.

2023 BMW iX Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Lexus RX 350$2,044-$1,058
2Infiniti QX50$2,112-$990
3Cadillac XT5$2,166-$936
4Cadillac XT6$2,206-$896
5Acura MDX$2,272-$830
6Lincoln Nautilus$2,306-$796
7Lexus RX 350L$2,332-$770
8Land Rover Discovery Sport$2,334-$768
9Jaguar E-Pace$2,356-$746
10Volvo V90$2,376-$726
11Lexus RX 450h$2,404-$698
12Lexus GX 460$2,430-$672
13Volvo V60$2,446-$656
14Lexus RX 450hL$2,454-$648
15Mercedes-Benz AMG GLB35$2,500-$602
16Genesis GV80$2,504-$598
17Audi SQ5$2,512-$590
18Lincoln Aviator$2,532-$570
19Infiniti QX60$2,548-$554
20Mercedes-Benz GLE450$2,570-$532
21Mercedes-Benz GLE350$2,604-$498
22Land Rover Discovery$2,616-$486
2023 Midsize Luxury SUV Average$2,652-$450
23Mercedes-Benz AMG GLC43$2,654-$448
24Audi Q7$2,720-$382
25Audi e-tron$2,814-$288
26Tesla Model X$2,826-$276
27Mercedes-Benz AMG GLE53$2,830-$272
28BMW X5$2,886-$216
29Audi Q8$2,894-$208
30Land Rover Range Rover Sport$2,918-$184
31Audi SQ7$3,056-$46
32BMW iX$3,102--
33BMW X6$3,160$58
34Porsche Cayenne$3,186$84
35Mercedes-Benz AMG GLE63$3,340$238
36Audi RS 6$3,394$292
37BMW XM$3,722$620

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.

2023 iX Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 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.

2023 BMW iX Insurance Rates by Trim Level
2023 BMW iX Trim Level Annual Premium Cost Per Month
xDrive50$2,928$244
M60$3,276$273

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 2023 BMW iX for different driver ages.

2023 BMW iX Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$10,776$898
17$10,548$879
18$9,660$805
19$8,716$726
20$6,725$560
21$6,420$535
22$5,783$482
23$4,676$390
24$4,449$371
25$3,612$301
30$3,330$278
35$3,180$265
40$3,102$259
45$2,884$240
50$2,724$227
55$2,544$212
60$2,554$213
65$2,726$227
70$2,902$242
75$3,364$280
80$4,136$345

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.