- 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.
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.
Rank | Make/Model | Insurance Cost | Difference |
---|---|---|---|
1 | Cadillac XT5 | $1,488 | -$530 |
2 | Jaguar E-Pace | $1,550 | -$468 |
3 | Lexus RX 350 | $1,558 | -$460 |
4 | Acura MDX | $1,566 | -$452 |
5 | Lincoln Nautilus | $1,580 | -$438 |
6 | Lexus RX 450h | $1,596 | -$422 |
7 | Infiniti QX50 | $1,600 | -$418 |
8 | Lexus RX 350L | $1,614 | -$404 |
9 | Cadillac XT6 | $1,626 | -$392 |
10 | Volvo V60 | $1,636 | -$382 |
11 | Land Rover Discovery | $1,646 | -$372 |
12 | Land Rover Discovery Sport | $1,650 | -$368 |
13 | Lexus RX 450hL | $1,660 | -$358 |
14 | Volvo V90 | $1,676 | -$342 |
15 | Lincoln Aviator | $1,706 | -$312 |
16 | Mercedes-Benz GLE450 | $1,728 | -$290 |
17 | Mercedes-Benz AMG GLB35 | $1,730 | -$288 |
18 | Lexus GX 460 | $1,754 | -$264 |
19 | Infiniti QX60 | $1,762 | -$256 |
20 | Mercedes-Benz GLE350 | $1,772 | -$246 |
21 | Genesis GV80 | $1,806 | -$212 |
22 | Mercedes-Benz AMG GLC43 | $1,834 | -$184 |
23 | Audi SQ5 | $1,858 | -$160 |
24 | BMW X5 | $1,922 | -$96 |
25 | Audi Q8 | $1,950 | -$68 |
26 | Audi Q7 | $1,982 | -$36 |
27 | Land Rover Range Rover Sport | $2,004 | -$14 |
28 | BMW iX | $2,018 | -- |
29 | Tesla Model X | $2,048 | $30 |
30 | Audi SQ7 | $2,108 | $90 |
31 | Audi e-tron | $2,128 | $110 |
32 | Mercedes-Benz AMG GLE53 | $2,136 | $118 |
33 | BMW X6 | $2,184 | $166 |
34 | Mercedes-Benz AMG GLE63 | $2,278 | $260 |
35 | Porsche Cayenne | $2,298 | $280 |
36 | Audi RS 6 | $2,374 | $356 |