BMW 330i Insurance Cost – 2023 Averages + Cheapest Rates

How much does BMW 330i insurance cost? We tallied average insurance rates for the compact luxury model and ranked them against the competition.

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  • BMW 330i insurance costs an average of $1,838 per year or around $153 per month, depending on the trim level.
  • The cheapest BMW 330i insurance is the base Sedan trim level at an average of $1,820 per year, while the xDrive Sedan is the most expensive to insure at an average cost of $1,858 per year.
  • The BMW 330i is one of the cheaper small luxury cars to insure, costing $156 less per year on average as compared to other small luxury cars

How much does BMW 330i insurance cost?

Ranked second out of 19 vehicles in the 2023 small luxury car class, BMW 330i insurance costs an average of $1,838 annually for full coverage, or about $153 per month.

The average small luxury car costs $1,994 per year to insure, so the BMW 330i would save around $156 each year when compared to the average insurance cost for the entire segment.

Depending on the trim level being insured, average monthly payments for full-coverage insurance on a 2023 BMW 330i range from $152 to $155. These rates can vary significantly based on your age, driving record, and where you live.

The chart below helps illustrate how much average car insurance cost can vary on a 2023 BMW 330i.

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Chart Data Details: Average rates are for a 2023 model year BMW 330i with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all BMW 330i trim levels.Data last updated on August 11, 2023
BMW 330i Insurance Cost Summary
2023 BMW 330i Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$4,158$347
Safe Driver Age 20$3,640$303
At-fault Accidents Age 40$2,576$215
Low Deductibles Age 40$2,430$203
Safe Driver Age 30$1,950$163
Safe Driver Age 40$1,838$153
Safe Driver Age 50$1,670$139
Safe Driver Age 60$1,642$137
High Deductibles Age 40$1,534$128
Discount Rate Age 40$1,530$128

What is the cheapest BMW 330i insurance?

The cheapest BMW 330i insurance is on the base Sedan at $1,820 per year, or about $152 per month. The most expensive model to insure is the xDrive Sedan, costing an average of $38 more per year.

The next table shows the average auto insurance costs, plus a monthly amount for budgeting, for each trim level for the 2023 model year.

2023 BMW 330i Insurance Cost by Trim Level
BMW 330i Trim Level Annual Policy Six-Month Policy Per Month
Sedan$1,820$910$152
xDrive Sedan$1,858$929$155

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 BMW 330i, 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 August 11, 2023
BMW 330i Insurance Cost by Trim Level

How does 330i insurance compare to the competition?

When compared to the most popular models in the compact luxury car segment, insurance for a BMW 330i costs $160 less per year than the Mercedes-Benz C300, $186 less than the Volvo S60, $30 less than the Acura TLX, and $168 less than the Audi A4.

The BMW 330i ranks second out of 19 total vehicles in the small luxury car segment. The 330i costs an average of $1,838 per year to insure for full coverage and the class median rate is $1,994 annually, a difference of $156 per year.

The chart below shows how well the average BMW 330i insurance cost compares to the most popular small luxury cars in America. An additional rate table is included that breaks down insurance rate rankings for all 19 models in the 2023 small luxury car category.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year BMW 330i, 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 330i trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 11, 2023
Insurance Cost Comparison: BMW 330i vs Top 10 Small Luxury Cars
BMW 330i Insurance Cost Compared to All Small Luxury Cars
Rank Make/Model Insurance Cost Difference
1Acura Integra$1,624-$214
2BMW 330i$1,838--
3Acura TLX$1,868$30
4Cadillac CT4$1,890$52
5Genesis G70$1,928$90
6BMW 330e$1,960$122
7BMW 228i$1,970$132
8BMW 230i$1,984$146
9Mercedes-Benz C300$1,998$160
10Audi A4$2,006$168
11Lexus RC 350$2,010$172
12Audi S3$2,020$182
13Volvo S60$2,024$186
14Alfa Romeo Giulia$2,044$206
15BMW M235i$2,050$212
16Lexus IS 350$2,084$246
17Audi RS 3$2,162$324
18BMW M240i$2,208$370
19BMW M340i$2,212$374

Another useful way to compare the cost of insurance is to look at models that are most similar in price to the BMW 330i, and see if insurance is more or less expensive for those models.

A 2023 BMW 330i has an average purchase price of $44,800, ranging from $43,800 to $45,800, depending on the trim level being purchased (primarily the xDrive option).

The four compact luxury car models closest in price for the 2023 model year are the Lexus IS 350, BMW 330e, Cadillac CT4, and BMW M235i. Here’s how the average MSRP and insurance cost for those models compare to a BMW 330i.

  • BMW 330i vs. Lexus IS 350 – The 2023 Lexus IS 350 has an average retail price of $45,285, ranging from $43,660 to $46,910, which is $485 more expensive than the average cost of the 330i. The cost to insure a BMW 330i compared to the Lexus IS 350 is $246 less every 12 months on average.
  • BMW 330i vs. BMW 330e – The 2023 BMW 330e has an average MSRP of $45,900 ($44,900 to $46,900), which is $1,100 more expensive than the average MSRP for the 330i. The average insurance cost for the BMW 330i compared to the BMW 330e is $122 less each year.
  • BMW 330i vs. Cadillac CT4 – The average MSRP for a 2023 BMW 330i is $1,254 cheaper than the Cadillac CT4, at $44,800 compared to $46,054. The cost to insure a BMW 330i compared to the Cadillac CT4 is $52 less per year on average.
  • BMW 330i vs. BMW M235i – The average MSRP for a 2023 BMW 330i is $2,800 cheaper than the BMW M235i, at $44,800 compared to $47,600. Insurance on the BMW 330i costs an average of $212 less per year than the BMW M235i.

BMW 330i full coverage insurance rates

The following table shows average full coverage car insurance rates for the 2017 through 2023 330i models for rated drivers aged 20 through 60.

BMW 330i Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 BMW 330i$3,640$1,838$1,642
2022 BMW 330i$3,552$1,792$1,600
2021 BMW 330i$3,532$1,778$1,590
2020 BMW 330i$3,484$1,754$1,568
2019 BMW 330i$3,238$1,628$1,458
2018 BMW 330i$3,226$1,618$1,448
2017 BMW 330i$3,060$1,538$1,376

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates for each driver age group are for a 12-month period and assume a 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 August 12, 2023
BMW 330i Insurance Cost by Model Year

Additional Rates and Information

Since it’s difficult to show all possible rates for every driver age, every risk profile, etc., here are some additional rates and also some policy discounts to keep an eye out for.

  • Improve your credit to save money. In states that have laws that do not prevent an insured’s credit score from being used as a factor in determining insurance rates, drivers who have credit scores over 800 may save $289 per year over a credit score between 670-739. Conversely, a below-average credit rating could cost around $335 more per year.
  • Make your policy cheaper by raising deductibles. Raising your physical damage coverage deductibles from $500 to $1,000 could save around $304 per year for a 40-year-old driver and $590 per year for a 20-year-old driver.
  • Low physical damage deductibles increase costs. Dropping your physical damage deductibles from $500 to $250 could cost an additional $316 per year for a 40-year-old driver and $628 per year for a 20-year-old driver.
  • Getting older means cheaper auto insurance rates. The difference in 2023 330i insurance rates between a 50-year-old driver ($1,670 per year) and a 20-year-old driver ($3,640 per year) is $1,970, or a savings of 74.2%.
  • Policy discounts save money. Discounts may be available if the insureds are good students, are homeowners, belong to certain professional organizations, are away-from-home students, or other discounts which could save the average driver as much as $308 per year on BMW 330i insurance.
  • Car insurance for teenagers on a BMW 330i is expensive. Average rates for full coverage BMW 330i insurance costs $6,428 per year for a 16-year-old driver, $6,044 per year for a 17-year-old driver, and $5,658 per year for an 18-year-old driver.
  • Don’t be a careless driver. Having at-fault accidents will cost you more, possibly as much as $2,542 per year for a 20-year-old driver and as much as $540 per year for a 60-year-old driver.
  • Save money due to your occupation. Most insurance companies offer discounts for earning a living in occupations like scientists, lawyers, high school and elementary teachers, college professors, members of the military, and other occupations. Having this discount applied to your policy could potentially save between $55 and $183 on your car insurance premium, depending on the coverage levels.