2024 BMW X3 Car Insurance Calculator

Get real-time feedback how choices you make impact the cost of car insurance for a 2024 BMW X3. Ajust options like liability limits, policy deductibles, and driver age to see how insurance rates are affected. Immediately discover if the choice you made has a positive or negative impact on rates and exactly why.

The average estimated car insurance premium for a 2024 BMW X3 is $2,764 per year, or about $230 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

$2,764

Cost Per Month

$230

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 2024 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.

$2,764
Average Rate
Your Rate
$2,764

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 2024 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 2024 BMW X3 is $2,764.

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 X3 vs. the Small Luxury SUV Segment

The table below compares insurance rates for the 2024 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.

2024 BMW X3 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura RDX$1,958-$806
2Lexus NX 250$2,072-$692
3Cadillac XT4$2,114-$650
4Lexus NX 350h$2,210-$554
5Lincoln Corsair$2,236-$528
6Mercedes-Benz GLB 250$2,240-$524
7Lexus UX 250h$2,246-$518
8Lexus NX 450h$2,258-$506
9Mercedes-Benz GLA250$2,282-$482
10Mercedes-Benz GLA35 AMG$2,290-$474
11Land Rover Evoque$2,336-$428
12Lexus NX 350$2,348-$416
13Volvo XC40$2,356-$408
14Volvo XC60$2,370-$394
15Alfa Romeo Tonale$2,376-$388
16Mercedes-Benz GLA45 AMG$2,388-$376
17BMW X1$2,420-$344
18Infiniti QX55$2,424-$340
19Volvo C40$2,442-$322
20BMW X2$2,452-$312
21Lexus RZ 450e$2,478-$286
22Mercedes-Benz EQB 300$2,492-$272
23Mercedes-Benz GLC300$2,512-$252
2024 Small Luxury SUV Average$2,541-$223
24Mercedes-Benz EQB 350$2,552-$212
25Genesis GV70$2,582-$182
26Audi Q3$2,596-$168
27Audi Q5$2,606-$158
28Alfa Romeo Stelvio$2,630-$134
29Land Rover Range Rover Velar$2,660-$104
30BMW X4$2,712-$52
31Audi Q4$2,736-$28
32BMW X3$2,764--
33Genesis GV60$2,848$84
34Porsche Macan$2,894$130
35Jaguar I-Pace$2,926$162
36Land Rover Defender$3,042$278
37Jaguar F-Pace$3,130$366
38Aston Martin DBX$4,562$1,798

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 X3 Insurance Rates by Trim Level

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

2024 BMW X3 Insurance Rates by Trim Level
2024 BMW X3 Trim Level Annual Premium Cost Per Month
sDrive30i$2,562$214
xDrive30i$2,614$218
M40i xDrive$2,856$238
M AWD$3,022$252

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 X3 for different driver ages.

2024 BMW X3 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,782$815
17$9,512$793
18$8,591$716
19$7,796$650
20$5,983$499
21$5,711$476
22$5,122$427
23$4,181$348
24$3,962$330
25$3,214$268
30$2,952$246
35$2,836$236
40$2,764$230
45$2,578$215
50$2,438$203
55$2,276$190
60$2,282$190
65$2,436$203
70$2,620$218
75$3,068$256
80$3,780$315

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.