BMW Insurance Cost: 2025 Rates by Model and Cheapest to Insure

How much does BMW insurance cost? We compare average car insurance rates from the 128i to the Z4 and reveal the best tip for finding cheap BMW insurance quotes.

Start a Free QuoteCompare BMW car insurance quotes and save on your next policy.

Headquartered in Munich, BMW is a German automobile manufacturer that produces luxury cars and SUVs like the 5 Series sedan, the X3 compact SUV, and the M2 coupe.

Not necessarily known for reliability, the 2023 lineup of BMW vehicles ranks 30th out of 32 car brands for reliability. Average annual repair costs are estimated at $968, and owners can expect about one trip to the repair shop a year.

BMW fares a little better on the 2023 J.D Power Vehicle Dependability Study, with the German manufacturer coming in 11th out of 34 brands. BMW ranks just behind Acura and better than Mercedes-Benz, Infiniti, and Audi.

From a safety standpoint, the BMW 3 Series, 5 Series, X3, and X5 received IIHS Top Safety Pick+ designations, which is the highest safety rating awarded. The BMW X2 was a Top Safety Pick by IIHS.

How much does BMW insurance cost?

Average car insurance cost for 2024 BMW models ranges from $2,384 per year for the BMW 330i to $4,008 per year for the BMW 760i. As a monthly cost, this is the equivalent of $199 to $334.

The average cost per year when averaged for all BMW models is $3,070. When this value is compared to the average car insurance rate for all vehicles in the U.S. of $2,221, BMW vehicles cost $849 more per year on average to insure.

The table below shows the average BMW insurance rates by model back to the 2013 model year. Models no longer in production are noted by the last model year in parentheses next to the model name.

Average Insurance Cost for BMW Vehicles
Model Annual Premium Cost Per Month
BMW 128i 2013 and prior model years$1,524$127
BMW 135i 2013 and prior model years$1,624$135
BMW 228i$2,548$212
BMW 228xi 2016 and prior model years$1,616$135
BMW 230i$2,568$214
BMW 320i 2018 and prior model years$1,992$166
BMW 328d 2018 and prior model years$2,036$170
BMW 328i 2016 and prior model years$1,892$158
BMW 328xi 2017 and prior model years$2,008$167
BMW 330e$2,544$212
BMW 330i$2,384$199
BMW 330xi 2017 and prior model years$1,952$163
BMW 335i 2015 and prior model years$1,992$166
BMW 335xi 2016 and prior model years$1,884$157
BMW 340i 2021 and prior model years$2,866$239
BMW 428i 2016 and prior model years$2,106$176
BMW 428xi 2016 and prior model years$2,072$173
BMW 430i$2,940$245
BMW 435i 2016 and prior model years$2,224$185
BMW 435xi 2016 and prior model years$2,174$181
BMW 440i 2021 and prior model years$2,894$241
BMW 528i 2016 and prior model years$2,020$168
BMW 528xi 2016 and prior model years$2,138$178
BMW 530e$3,100$258
BMW 530i$2,848$237
BMW 530xi 2018 and prior model years$2,504$209
BMW 535d 2016 and prior model years$2,250$188
BMW 535i 2017 and prior model years$2,414$201
BMW 535xi 2017 and prior model years$2,382$199
BMW 540i$2,900$242
BMW 540xi 2018 and prior model years$2,298$192
BMW 550i 2016 and prior model years$2,362$197
BMW 550xi 2017 and prior model years$2,576$215
BMW 640i 2019 and prior model years$2,772$231
BMW 640xi 2018 and prior model years$2,642$220
BMW 650i 2019 and prior model years$3,002$250
BMW 650xi 2018 and prior model years$2,848$237
BMW 740e 2019 and prior model years$2,956$246
BMW 740i$3,794$316
BMW 745e 2022 and prior model years$3,150$263
BMW 750e$3,806$317
BMW 750i 2022 and prior model years$3,650$304
BMW 750xi 2015 and prior model years$2,602$217
BMW 760i$4,008$334
BMW 840i$3,354$280
BMW 850i 2021 and prior model years$3,484$290
BMW Active 5 2016 and prior model years$2,218$185
BMW Activehybrid 3 2015 and prior model years$2,036$170
BMW Activehybrid 5 2015 and prior model years$2,088$174
BMW Alpina B6 2018 and prior model years$3,234$270
BMW Alpina B7 2022 and prior model years$4,080$340
BMW Alpina B8 2023 and prior model years$4,188$349
BMW Alpina XB7$3,820$318
BMW i3 2021 and prior model years$2,326$194
BMW i4$2,734$228
BMW i5$2,960$247
BMW i7$3,402$284
BMW i8 2021 and prior model years$3,976$331
BMW iX$3,192$266
BMW M2$2,708$226
BMW M235i$2,712$226
BMW M240i$2,854$238
BMW M3$2,960$247
BMW M340i$2,862$239
BMW M4$3,494$291
BMW M440i$3,206$267
BMW M5 2023 and prior model years$3,624$302
BMW M550i 2023 and prior model years$3,420$285
BMW M6 2019 and prior model years$3,472$289
BMW M760i 2023 and prior model years$4,322$360
BMW M760xi 2017 and prior model years$3,490$291
BMW M8$3,948$329
BMW M850i$3,780$315
BMW X1$2,420$202
BMW X2$2,452$204
BMW X3$2,764$230
BMW X4$2,712$226
BMW X5$2,992$249
BMW X6$3,272$273
BMW X7$2,992$249
BMW XM$3,844$320
BMW Z4$2,590$216

Is BMW insurance expensive?

When compared to other luxury brands, BMW car insurance costs $469 more per year on average than Lexus, $614 more than Infiniti, $45 more than Audi, and $316 less than Mercedes-Benz.

This comparison averages all models for each luxury brand for the 2024 model year, so it’s better to compare rates for individual models rather than use the overall average to make purchase decisions.

For example, despite the fact that BMW insurance on average is more expensive than Lexus, if you’re comparing insurance rates for a BMW Z4 and a Lexus RC F, the Lexus will actually cost around $500 more per year to insure.

The chart below compares average BMW car insurance rates to other popular luxury automotive brands.

Average car insurance cost for 2024 model year BMW vehicles compared to competitors.
Figure 1: Average car insurance cost for 2024 model year BMW vehicles compared to competitors. Rates updated on June 26, 2025.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average car insurance rates include all BMW, Acura, Audi, Infiniti, Lexus, Mercedes-Benz, and Volvo vehicles for the 2024 model year. Rated driver is a 40-year-old married male with no driving violations or at-fault accidents for the prior three years. Comprehensive and collision deductibles are $500, UM/UIM and medical payments coverages are included, and rates are averaged for all U.S. states.

Out of the seven luxury brands shown in the chart, average BMW insurance cost is comparable to Audi and Mercedes-Benz, with BMW being 1.5% more expensive than Audi and 9.8% cheaper than Mercedes.

On average, BMW insurance is considerably more expensive than the other four brands, Acura, Infiniti, Lexus, and Volvo.

The next table takes the luxury brands in the chart above and combines them with non-luxury manufacturers like Honda, Ford, Chevrolet, and Toyota. This gives a broader view of how much more or less BMW insurance costs on average.

The table shows average insurance cost for each manufacturer and also has a cost difference column. If the value in the difference column is green, this means that brand is cheaper to insure than BMW. If the value is red, that means the brand is more expensive to insure than BMW.

BMW Car Insurance Cost vs. Popular Automotive Brands
Automotive Brand Insurance Cost Difference
BMW$3,070--
Acura$2,202-$868
Audi$3,025-$45
Cadillac$2,518-$552
Chevrolet$2,370-$700
Dodge$2,911-$159
Ford$2,441-$629
Genesis$2,798-$272
GMC$2,435-$635
Honda$2,123-$947
Hyundai$2,314-$756
Infiniti$2,456-$614
Jaguar$2,883-$187
Jeep$2,558-$512
Kia$2,259-$811
Land Rover$3,065-$5
Lexus$2,601-$469
Lincoln$2,587-$483
Mazda$2,240-$830
Mercedes-Benz$3,386$316
Mitsubishi$2,273-$797
Nissan$2,424-$646
Subaru$2,229-$841
Tesla$2,839-$231
Toyota$2,400-$670
Volkswagen$2,187-$883
Volvo$2,620-$450

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Insurance cost is averaged for all models for the 2024 model year for each automobile manufacturer. Updated June 26, 2025

Average cost of BMW insurance ($3,070 per year) compared to other automotive manufacturers
Average cost of BMW insurance ($3,070 per year) compared to other automotive manufacturers

When non-luxury brands are included in the comparison, it’s pretty clear that BMW insurance rates are definitely on the high end.

Average BMW insurance rates are 22.8% more expensive per year than Ford, 25.7% more expensive than Chevy, 36.5% more expensive than Honda, and 24.5% more expensive than Toyota.

What is the cheapest BMW insurance?

The cheapest BMW insurance costs an average of $2,384 per year and can be found on the BMW 330i, which is a small luxury car. The second cheapest BMW to insure is the BMW X1 with an average insurance cost of $2,420 per year.

Rounding out the top five cheapest BMW vehicles to insure are the BMW X2, BMW 330e, and BMW 228i. Average rates for all five cheapest BMW models to insure are shown in the list below.

Cheapest BMWs to insure for 2024

  1. BMW 330i – (small luxury car) Average yearly rate of $2,384 or $199 per month
  2. BMW X1 – (small luxury SUV) Average yearly rate of $2,420 or $202 per month
  3. BMW X2 – (small luxury SUV) Average yearly rate of $2,452 or $204 per month
  4. BMW 330e – (small luxury car) Average yearly rate of $2,544 or $212 per month
  5. BMW 228i – (small luxury car) Average yearly rate of $2,548 or $212 per month

Which BMWs are expensive to insure?

For 2024 models, the BMW model with the highest car insurance rates is the BMW 760i at $4,008 per year, or around $334 per month. The BMW M8 comes in second place at $3,948 per year.

Annual and monthly auto insurance rates for the top five most expensive BMW models to insure are listed below.

Most expensive BMWs to insure for 2024

  1. BMW 760i – (large luxury car) Average yearly rate of $4,008 or $334 per month
  2. BMW M8 – (midsize luxury car) Average yearly rate of $3,948 or $329 per month
  3. BMW XM – (midsize luxury SUV) Average yearly rate of $3,844 or $320 per month
  4. BMW Alpina XB7 – (large luxury SUV) Average yearly rate of $3,820 or $318 per month
  5. BMW 750e – (large luxury car) Average yearly rate of $3,806 or $317 per month

Where can I find cheap BMW insurance?

What may be cheap BMW insurance to one driver may be quite expensive to another. Due to the higher sticker price of luxury vehicles like BMWs, car insurance will cost more than brands like Honda or Ford. The best way to find the cheapest BMW insurance is to get several free car insurance quotes.

Our best tip for finding the cheapest BMW insurance rates is to compare as many quotes as you can, but there is one critical step you need to take. Make sure you compare the same policy limits and deductibles on EVERY quote. This enables a fair comparison between different companies so you can truly find the cheapest BMW car insurance rates.

If you currently own a BMW and have a policy, compare rates from other car insurance companies using the same liability limits and physical damage deductibles that are on your current policy. That way, you can compare the new rates to your existing policy price to see if your current policy is cheaper.

If you get price quotes from competing insurers and use different limits and deductibles on each one, you will not be able to make a good comparison to see which company is offering the cheapest BMW insurance quote.