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 $2,018 per year, $1,009 for a 6-month policy, or around $168 per month.
  • Ranked #28 out of 36 other models in the 2022 midsize luxury SUV class, car insurance rates for the BMW iX cost $189 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 $2,018 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 $432 a year, comprehensive costs $526, and the remaining collision coverage costs $1,060.

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 April 14, 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$3,320$277
$500$4,028$336
$250$4,776$398
30$1,000$1,760$147
$500$2,152$179
$250$2,562$214
40$1,000$1,658$138
$500$2,018$168
$250$2,394$200
50$1,000$1,514$126
$500$1,838$153
$250$2,176$181
60$1,000$1,488$124
$500$1,806$151
$250$2,138$178

How does BMW iX insurance compare to similar vehicles?

When compared to other midsize luxury SUVs, insurance rates for a 2022  BMW iX cost $460 more per year than the Lexus RX 350, $96 more than the BMW X5, and $452 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 $2,018 per year for an auto insurance policy with full coverage, the iX costs $189 more per year than the $1,829 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$1,488-$530
2Jaguar E-Pace$1,550-$468
3Lexus RX 350$1,558-$460
4Acura MDX$1,566-$452
5Lincoln Nautilus$1,580-$438
6Lexus RX 450h$1,596-$422
7Infiniti QX50$1,600-$418
8Lexus RX 350L$1,614-$404
9Cadillac XT6$1,626-$392
10Volvo V60$1,636-$382
11Land Rover Discovery$1,646-$372
12Land Rover Discovery Sport$1,650-$368
13Lexus RX 450hL$1,660-$358
14Volvo V90$1,676-$342
15Lincoln Aviator$1,706-$312
16Mercedes-Benz GLE450$1,728-$290
17Mercedes-Benz AMG GLB35$1,730-$288
18Lexus GX 460$1,754-$264
19Infiniti QX60$1,762-$256
20Mercedes-Benz GLE350$1,772-$246
21Genesis GV80$1,806-$212
22Mercedes-Benz AMG GLC43$1,834-$184
23Audi SQ5$1,858-$160
24BMW X5$1,922-$96
25Audi Q8$1,950-$68
26Audi Q7$1,982-$36
27Land Rover Range Rover Sport$2,004-$14
28BMW iX$2,018--
29Tesla Model X$2,048$30
30Audi SQ7$2,108$90
31Audi e-tron$2,128$110
32Mercedes-Benz AMG GLE53$2,136$118
33BMW X6$2,184$166
34Mercedes-Benz AMG GLE63$2,278$260
35Porsche Cayenne$2,298$280
36Audi RS 6$2,374$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 March 13, 2022
Insurance Cost Comparison: BMW iX vs Midsize Luxury SUVs