BMW 228i Car Insurance Rates for 2023

How much does BMW 228i insurance cost? We break down average insurance rates for the 228i Convertible up to the xDrive Coupe trim level to find out how average prices compare to other small luxury cars.

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  • BMW 228i insurance costs an average of $1,504 per year, or around $125 per month for full coverage.
  • With an average car insurance cost range of $54, the cheapest BMW 228i trim level to insure is the Convertible at around $1,476 per year, and the most expensive trim being the xDrive Coupe at $1,530 annually.
  • Ranked fifth out of 26 other models in the 2016 small luxury car class, car insurance rates for the BMW 228i cost $75 less per year than the average cost for the segment.

How much does BMW 228i car insurance cost?

BMW 228i car insurance rates average $1,504 annually for full coverage, or $125 on a monthly basis. With the average small luxury car costing $1,579 a year to insure, the BMW 228i could save an estimated $75 or more on an annual basis.

The chart below details how average BMW 228i car insurance rates change based on a variety of driver ages and the chosen policy deductibles.

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Chart Data Details: Chart shows average insurance cost for a 2016 BMW 228i with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all BMW 228i trim levels.Data last updated on December 30, 2022
BMW 228i Car Insurance Rates
BMW 228i Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,542$212
$500$2,996$250
$250$3,476$290
30$1,000$1,330$111
$500$1,584$132
$250$1,846$154
40$1,000$1,272$106
$500$1,504$125
$250$1,746$146
50$1,000$1,162$97
$500$1,372$114
$250$1,590$133
60$1,000$1,142$95
$500$1,348$112
$250$1,562$130

Insurance rates in the chart above vary from the cheapest average rate of $1,142 per year for a driver age 60 with $1,000 comprehensive and collision deductibles to the most expensive average rate of $3,476 per year for a driver age 20 with $250 physical damage deductibles.

The data below details average full coverage insurance rates for the BMW 228i for the 2014 to 2016 model years.

BMW 228i Insurance Cost for 2014-2023 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2023 BMW 228i$1,920$960$160
2022 BMW 228i$1,788$894$149
2016 BMW 228i$1,504$752$125
2015 BMW 228i$1,472$736$123
2014 BMW 228i$1,446$723$121

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Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on December 30, 2022
BMW 228i Insurance Cost by Model Year

The next table details insurance rates on a 2016 BMW 228i, including a monthly budget amount, for each available trim level.

2016 BMW 228i Insurance Cost by Trim Level
BMW 228i Trim Level Annual Policy 6-month Policy Per Month
Convertible$1,476$738$123
Coupe$1,490$745$124
S Coupe$1,490$745$124
S xDrive Coupe$1,530$765$128
xDrive Coupe$1,530$765$128

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Table Data Details: Average rates are for a 2016 BMW 228i, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on December 30, 2022
BMW 228i Insurance Cost by Trim Level

How does BMW 228i insurance cost compare?

The BMW 228i ranks fifth out of 26 total vehicles in the 2016 small luxury car class for insurance affordability. The 228i costs $75 or 4.7% less per year than the average rate for comparable models.

Full coverage insurance costs an average of $1,504 per year for this BMW model, while the average for all comparable small luxury cars is $1,579 per year.

When compared side-by-side to other small luxury cars, auto insurance rates for a BMW 228i cost $130 less per year than the Mercedes-Benz C300, $46 more than the Volvo S60, and $16 more than the Acura TLX.

The next chart shows how car insurance cost for the BMW 228i compares to the top-selling small luxury cars for 2016 like the Audi A4, Lexus IS 350, and the BMW i3. A table with more comprehensive data is also included after the chart breaking down insurance cost comparisons and rankings for the entire 26 vehicle small luxury car segment.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2016 model year BMW 228i, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all BMW 228i trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on December 30, 2022
BMW 228i vs Top 10 Small Luxury Cars Insurance Rate Comparison
BMW 228i Insurance Cost Compared to All Small Luxury Cars
Rank Make/Model Insurance Cost Difference
1BMW 228xi$1,322-$182
2Mercedes-Benz SLK 300$1,442-$62
3Volvo S60$1,458-$46
4Acura TLX$1,488-$16
5BMW 228i$1,504--
6BMW i3$1,510$6
7Audi S3$1,524$20
8BMW 340i$1,540$36
9BMW 335xi$1,544$40
10BMW 328i$1,560$56
11BMW 320i$1,564$60
12Lexus CT 200H$1,570$66
13Audi A4$1,572$68
14Mercedes-Benz SLK 350$1,580$76
15BMW M235i$1,582$78
16BMW 328d$1,594$90
17Lexus RC 200T$1,600$96
18Cadillac ATS$1,606$102
19Mercedes-Benz B250E$1,624$120
20Mercedes-Benz C300$1,634$130
21BMW 328xi$1,652$148
22Lexus RC 350$1,654$150
23BMW 330e$1,664$160
24Lexus IS 200T$1,684$180
25Lexus GS 200T$1,788$284
26Lexus IS 350$1,794$290

Additional car insurance rates and discounts

Listed below are some additional rates for different policy situations you may run into, as well as some money-saving tips and policy discounts to look for.

  • Insuring teen drivers is expensive. Average rates for full coverage BMW 228i insurance costs $5,426 per year for a 16-year-old driver, $5,068 per year for a 17-year-old driver, $4,734 per year for a 18-year-old driver, and $4,280 per year for a 19-year-old driver.
  • Earn a discount from your employment. Most car insurance companies offer discounts for having a job in professions like doctors, scientists, accountants, lawyers, nurses, architects, and others. Being employed in a qualifying occupation could potentially save between $45 and $144 on your yearly car insurance bill.
  • Rated driver gender affects the rate you pay. For a 2016 BMW 228i, a 20-year-old man pays an estimated $2,996 per year, while a 20-year-old female driver will get a rate of $2,216, a difference of $780 per year. The females get the cheaper rate by far. But by age 50, the cost for men is $1,372 and the female rate is $1,346, a difference of only $26.
  • Avoiding accidents keeps insurance rates low. Multiple at-fault accidents raise rates, potentially by an extra $2,116 per year for a 20-year-old driver and even as much as $622 per year for a 40-year-old driver.
  • As you get older, rates tend to drop. The difference in insurance cost for a BMW 228i between a 60-year-old driver ($1,348 per year) and a 20-year-old driver ($2,996 per year) is $1,648, or a savings of 55%.
  • Raise your credit for better rates. Having a high credit rating of over 800 could save a minimum of $236 per year over a lower credit rating of 670-739. Conversely, a below average credit score could cost as much as $274 more per year.