2018 BMW M3 Car Insurance Calculator

Learn and understand how the choices you make affect car insurance rates for a 2018 BMW M3. Tailor settings like gender of the driver, whether you're married or single, and the state and city you live in to see how rates are impacted. Instantly discover how much rates change and learn why.

The average estimated car insurance premium for a 2018 BMW M3 is $2,834 per year, or about $236 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

$2,834

Cost Per Month

$236

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 M3 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 2018 BMW M3.

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.

$2,834
Average Rate
Your Rate
$2,834

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 2018 BMW M3 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 2018 BMW M3 is $2,834.

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.

2018 BMW M3 vs. the Sports Car Segment

The table below compares insurance rates for the 2018 BMW M3 against all other models in the sports car segment. The BMW M3 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 M3, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW M3.

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

2018 BMW M3 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$1,490-$1,344
2Audi TT$2,028-$806
3Subaru WRX$2,064-$770
4Nissan 370Z$2,116-$718
5Subaru BRZ$2,134-$700
6BMW M2$2,202-$632
7Ford Mustang$2,274-$560
8Chevrolet Camaro$2,370-$464
9Lexus RC F$2,378-$456
10Chevrolet Corvette$2,402-$432
11Dodge Challenger$2,542-$292
12Alfa Romeo 4C$2,590-$244
2018 Sports Car Average$2,595-$239
13BMW M4$2,700-$134
14Lexus LC 500$2,750-$84
15Jaguar F-Type$2,754-$80
16BMW M3$2,834--
17Porsche 911$2,916$82
18Acura NSX$3,288$454
19Nissan GT-R$3,390$556
20Maserati Granturismo$3,602$768
21Audi R8$3,664$830

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.

2018 M3 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2018 BMW M3.

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.

2018 BMW M3 Insurance Rates by Trim Level
2018 BMW M3 Trim Level Annual Premium Cost Per Month
Sedan$2,834$236

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 2018 BMW M3 for different driver ages.

2018 BMW M3 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$10,106$842
17$9,813$818
18$8,831$736
19$8,022$669
20$6,148$512
21$5,865$489
22$5,258$438
23$4,296$358
24$4,068$339
25$3,300$275
30$3,030$253
35$2,912$243
40$2,834$236
45$2,648$221
50$2,506$209
55$2,340$195
60$2,346$196
65$2,504$209
70$2,702$225
75$3,174$265
80$3,914$326

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 M3 trim levels.