2023 BMW X1 Car Insurance Calculator

Get instant feedback how different factors impact the cost of insurance for a 2023 BMW X1. Adjust rate factors like credit rating, policy coverages, and liability limits to see how insurance cost is affected. See instantly if your choice raises or lowers your rate and learn exactly why.

The average estimated car insurance premium for a 2023 BMW X1 is $2,310 per year, or about $193 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

$2,310

Cost Per Month

$193

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 X1 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 X1.

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.

$2,310
Average Rate
Your Rate
$2,310

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 X1 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 X1 is $2,310.

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 X1 vs. the Small Luxury SUV Segment

The table below compares insurance rates for the 2023 BMW X1 against all other models in the small luxury SUV segment. The BMW X1 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 X1, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW X1.

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

2023 BMW X1 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura RDX$1,904-$406
2Cadillac XT4$2,056-$254
3Volvo XC40$2,100-$210
4Lexus UX 250h$2,132-$178
5Mercedes-Benz GLA250$2,212-$98
6Mercedes-Benz GLB 250$2,234-$76
7Lexus NX 250$2,248-$62
8Lexus NX 350h$2,276-$34
9Lexus NX 350$2,290-$20
10Lincoln Corsair$2,292-$18
11Lexus NX 450h$2,302-$8
12BMW X1$2,310--
13Alfa Romeo Tonale$2,320$10
14Mercedes-Benz GLC300$2,324$14
15Lexus RZ 450e$2,330$20
16Volvo XC60$2,336$26
17Audi Q3$2,348$38
18Land Rover Evoque$2,364$54
19Volvo C40$2,386$76
20BMW X2$2,428$118
21Infiniti QX55$2,462$152
2023 Small Luxury SUV Average$2,468$158
22Mercedes-Benz GLA35 AMG$2,472$162
23Genesis GV70$2,514$204
24Mercedes-Benz EQB 300$2,526$216
25Genesis GV60$2,534$224
26Mercedes-Benz GLA45 AMG$2,542$232
27Alfa Romeo Stelvio$2,556$246
28Audi Q5$2,574$264
29Land Rover Range Rover Velar$2,582$272
30Mercedes-Benz EQB 350$2,590$280
31BMW X4$2,632$322
32Land Rover Defender$2,644$334
33Jaguar F-Pace$2,656$346
34Audi Q4$2,668$358
35Porsche Macan$2,678$368
36BMW X3$2,684$374
37Jaguar I-Pace$2,840$530
38Aston Martin DBX$4,436$2,126

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 X1 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 BMW X1.

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 X1 Insurance Rates by Trim Level
2023 BMW X1 Trim Level Annual Premium Cost Per Month
xDrive28i$2,260$188
xDrive28i Premium$2,358$197

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 X1 for different driver ages.

2023 BMW X1 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,225$685
17$7,959$663
18$7,114$593
19$6,487$541
20$4,968$414
21$4,741$395
22$4,245$354
23$3,497$291
24$3,303$275
25$2,682$224
30$2,460$205
35$2,372$198
40$2,310$193
45$2,160$180
50$2,048$171
55$1,912$159
60$1,916$160
65$2,038$170
70$2,206$184
75$2,600$217
80$3,198$267

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 X1 trim levels.