Is Your BMW 228xi Insurance Expensive? Top Reasons Why

• Car insurance on a BMW 228xi costs an average of $1,616 per year, $808 for a 6-month policy, or around $135 per month.
• Ranked first out of 26 vehicles in the 2016 small luxury car segment, average car insurance rates for the BMW 228xi cost $301 less per year than the segment average.

How much does BMW 228xi car insurance cost?

The average driver should plan on paying an average of $1,616 per year to insure a BMW 228xi, which is about $135 each month. When looking at individual coverage amounts, liability and medical (or PIP) coverage are around $386 a year, collision insurance is approximately $782, and the remaining comprehensive costs around $448.

The following chart demonstrates how the average cost to insure a 2016 BMW 228xi changes based on the rated driver age and policy deductibles.

The next table breaks down average BMW 228xi insurance rates for the 2015-2016 model years, for annual, 6-month, and monthly policy terms.

Some additional rates and observations relating to BMW 228xi insurance include:

• Driving violations increase insurance rates. If you want cheap 228xi insurance rates, it’s necessary to not be an aggressive driver. In fact, just a couple of traffic tickets can raise insurance policy costs by at least $408 per year.
• Good credit equals better rates. Having an over-800 credit score may save $254 per year compared to a rating of 670-739. Conversely, a credit rating below 579 could cost up to $294 more per year.
• Policyholder gender affects insurance rates. For a 2016 BMW 228xi, a 20-year-old male receives an average rate of $3,194 per year, while a 20-year-old female will pay an average of $2,300, a difference of $894 per year. The females get much better rates. But by age 50, the cost for male drivers is $1,426 and female driver rates are $1,394, a difference of only $32.
• Earn a discount from your profession. Most insurance companies offer discounts for certain occupations like police officers and law enforcement, members of the military, scientists, lawyers, emergency medical technicians, and others. By earning this discount on your policy you could save between $48 and $175 on your yearly 228xi insurance cost, depending on the age of the driver.
• Safe drivers pay less. Having at-fault accidents will cost you more, possibly up to $742 per year for a 30-year-old driver and even $348 per year for a 60-year-old driver.

Where does BMW 228xi car insurance cost rank?

The BMW 228xi ranks first out of 26 total vehicles in the 2016 small luxury car class for most affordable auto insurance rates. The 228xi costs an average of $1,616 per year for full coverage insurance and the class median rate is $1,917 per year, a savings of $301.

When average rates are compared to other vehicles in the small luxury car segment, insurance for a BMW 228xi costs $366 less per year than the Mercedes-Benz C300, $150 less than the Volvo S60, and $184 less than the Acura TLX.

The next table shows how average insurance rates for a BMW 228xi compare to other small luxury cars like the Audi A4, Lexus IS 350, and the BMW i3.