BMW iX Insurance Rates for 2022

How much does BMW iX insurance cost? We break down average insurance rates for BMW's iX electric SUV to see how they compare to other luxury models.

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  • Car insurance on a BMW iX costs around $2,034 per year, $1,017 for a 6-month policy, or around $170 per month.
  • Ranked #28 out of 36 other models in the 2022 midsize luxury SUV class, car insurance rates for the BMW iX cost $191 more per year than the average cost for the segment.

How much does BMW iX insurance cost?

You will want to budget an average of $2,034 a year to insure a BMW iX for full coverage. Rates vary by location, however, and can range from as low as $1,404 up to $2,944 or more depending on where you live.

A typical car insurance policy consists of essentially three coverages. For the BMW iX, the estimated cost of these coverages are: liability and medical coverage costs $436 a year, comprehensive costs $530, and the remaining collision coverage costs $1,068.

The rate chart below shows how BMW iX auto insurance prices can changed based on different driver ages and physical damage deductibles chosen for the policy.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2022 BMW iX with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all BMW iX trim levels.Data last updated on August 31, 2022
BMW iX Car Insurance Rates
BMW iX Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$3,344$279
$500$4,058$338
$250$4,812$401
30$1,000$1,774$148
$500$2,170$181
$250$2,582$215
40$1,000$1,674$140
$500$2,034$170
$250$2,416$201
50$1,000$1,524$127
$500$1,852$154
$250$2,192$183
60$1,000$1,498$125
$500$1,820$152
$250$2,156$180

How does BMW iX insurance compare to similar vehicles?

When compared to other midsize luxury SUVs, insurance rates for a 2022  BMW iX cost $464 more per year than the Lexus RX 350, $96 more than the BMW X5, and $456 more than the Acura MDX.

The BMW iX ranks #28 out of 36 total vehicles in the midsize luxury SUV category for most affordable car insurance rates. At $2,034 per year for an auto insurance policy with full coverage, the iX costs $191 more per year than the $1,843 average for the segment.

The next table compares the cost to insure a BMW iX to other popular competing models like the Cadillac XT5, Infiniti QX60, and the Lexus GX 460. All 36 2022 midsize luxury SUVs are ranked from cheapest to most expensive average car insurance cost.

Insurance Cost Comparison: BMW iX vs Midsize Luxury SUVs
Rank Make/Model Insurance Cost Difference
1Cadillac XT5$1,500-$534
2Jaguar E-Pace$1,564-$470
3Lexus RX 350$1,570-$464
4Acura MDX$1,578-$456
5Lincoln Nautilus$1,594-$440
6Lexus RX 450h$1,608-$426
7Infiniti QX50$1,614-$420
8Lexus RX 350L$1,628-$406
9Cadillac XT6$1,640-$394
10Volvo V60$1,648-$386
11Land Rover Discovery$1,660-$374
12Land Rover Discovery Sport$1,662-$372
13Lexus RX 450hL$1,676-$358
14Volvo V90$1,688-$346
15Lincoln Aviator$1,720-$314
16Mercedes-Benz AMG GLB35$1,740-$294
17Mercedes-Benz GLE450$1,744-$290
18Lexus GX 460$1,766-$268
19Infiniti QX60$1,774-$260
20Mercedes-Benz GLE350$1,784-$250
21Genesis GV80$1,818-$216
22Mercedes-Benz AMG GLC43$1,846-$188
23Audi SQ5$1,874-$160
24BMW X5$1,938-$96
25Audi Q8$1,966-$68
26Audi Q7$1,998-$36
27Land Rover Range Rover Sport$2,020-$14
28BMW iX$2,034--
29Tesla Model X$2,064$30
30Audi SQ7$2,124$90
31Audi e-tron$2,144$110
32Mercedes-Benz AMG GLE53$2,150$116
33BMW X6$2,200$166
34Mercedes-Benz AMG GLE63$2,292$258
35Porsche Cayenne$2,314$280
36Audi RS 6$2,390$356

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2022 model year, 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 vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 31, 2022
Insurance Cost Comparison: BMW iX vs Midsize Luxury SUVs