BMW iX Insurance Rates for 2023

• Car insurance on a BMW iX costs around $2,396 per year, $1,198 for a 6-month policy, or around $200 per month.
• Ranked 32^nd out of 37 other models in the 2023 midsize luxury SUV class, car insurance rates for the BMW iX cost $346 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 $2,396 a year to insure a BMW iX for full coverage. Rates vary by location, however, and can range from as low as $1,444 up to $2,850 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 $484 a year, comprehensive costs $630, and the remaining collision coverage costs $1,282.

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.

How does BMW iX insurance compare to similar vehicles?

When compared to other midsize luxury SUVs, insurance rates for a 2023  BMW iX cost $818 more per year than the Lexus RX 350, $166 more than the BMW X5, and $640 more than the Acura MDX.

The BMW iX ranks 32^nd out of 37 total vehicles in the midsize luxury SUV category for most affordable car insurance rates. At $2,396 per year for an auto insurance policy with full coverage, the iX costs $346 more per year than the $2,050 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 37 2023 midsize luxury SUVs are ranked from cheapest to most expensive average car insurance cost.