2020 BMW X3 Car Insurance Calculator

See and learn how changes to driver risk factors and vehicle options impact the cost of insurance for a 2020 BMW X3. Update factors like your location, homeowner status, and credit score to get insights on how rates change. Immediately see if the selections you make raise or lower your rate.

The average estimated car insurance premium for a 2020 BMW X3 is $2,346 per year, or about $196 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

$2,346

Cost Per Month

$196

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 X3 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 2020 BMW X3.

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.

$2,346
Average Rate
Your Rate
$2,346

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 2020 BMW X3 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 2020 BMW X3 is $2,346.

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.

2020 BMW X3 vs. the Small Luxury SUV Segment

The table below compares insurance rates for the 2020 BMW X3 against all other models in the small luxury SUV segment. The BMW X3 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 X3, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW X3.

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

2020 BMW X3 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura RDX$1,730-$616
2Cadillac XT4$1,788-$558
3Volvo XC40$1,828-$518
4Lincoln Corsair$2,018-$328
5Lexus UX 250h$2,034-$312
6Volvo XC60$2,054-$292
7Mercedes-Benz GLB 250$2,082-$264
8Lexus UX 200$2,086-$260
9BMW X1$2,094-$252
10Lexus NX 300$2,098-$248
11Mercedes-Benz GLC300$2,104-$242
12Mercedes-Benz GLA250$2,180-$166
13Land Rover Evoque$2,182-$164
2020 Small Luxury SUV Average$2,197-$149
14BMW X2$2,222-$124
15Audi Q3$2,264-$82
16Audi Q5$2,288-$58
17Mercedes-Benz GLC350E$2,316-$30
18BMW X3$2,346--
19Lexus NX 300H$2,360$14
20Mercedes-Benz GLA45 AMG$2,388$42
21Alfa Romeo Stelvio$2,406$60
22BMW X4$2,444$98
23Jaguar F-Pace$2,474$128
24Jaguar I-Pace$2,544$198
25Porsche Macan$2,604$258

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.

2020 X3 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 BMW X3.

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.

2020 BMW X3 Insurance Rates by Trim Level
2020 BMW X3 Trim Level Annual Premium Cost Per Month
sDrive 30i 2WD$2,194$183
xDrive 30i AWD$2,194$183
xDrive 30i Convenience AWD$2,194$183
sDrive 30i Convenience 2WD$2,298$192
sDrive 30i Premium 2WD$2,298$192
sDrive 30i Sport 2WD$2,298$192
xDrive 30i Executive AWD$2,298$192
xDrive 30i Premium AWD$2,298$192
xDrive 30i Sport AWD$2,298$192
sDrive 30i Executive 2WD$2,360$197
m40i AWD$2,424$202
m40i Premium AWD$2,424$202
m40i Executive AWD$2,486$207
AWD$2,520$210
Executive AWD$2,582$215

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 2020 BMW X3 for different driver ages.

2020 BMW X3 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,366$697
17$8,140$678
18$7,356$613
19$6,665$555
20$5,109$426
21$4,875$406
22$4,366$364
23$3,550$296
24$3,366$281
25$2,726$227
30$2,506$209
35$2,406$201
40$2,346$196
45$2,188$182
50$2,070$173
55$1,934$161
60$1,942$162
65$2,074$173
70$2,228$186
75$2,616$218
80$3,230$269

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 X3 trim levels.