BMW X1 Car Insurance Cost for 2023

Is a BMW X1 expensive to insure?

We compared average insurance rates for the xDrive28i model up to the top level xDrive28i Premium trim to see how insurance on a X1 sizes up to competing small luxury SUVs.

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  • BMW X1 car insurance costs $1,788 per year ($149 per month) on average for a full coverage policy.
  • The X1 xDrive28i trim level is the cheapest to insure at around $1,754 per year. The most expensive trim is the xDrive28i Premium at $1,826 per year.
  • Out of 37 vehicles in the 2023 small luxury SUV segment, the X1 ranks 12th for insurance affordability.
  • Insurance for the X1 costs 6.3% less than the average rate for similar luxury SUV models.

How much does BMW X1 insurance cost?

BMW X1 car insurance averages around $1,788 a year for full coverage, or about $149 a month. With the average small luxury SUV costing $1,909 a year to insure, the BMW X1 costs around $121 less each year.

The chart below breaks down average insurance cost on a 2023 BMW X1 using a variation of different driver ages and risk scenarios.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year BMW X1 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 X1 trim levels.Data last updated on January 23, 2023
BMW X1 Insurance Cost Summary
BMW X1 Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$4,052$338
Safe Driver Age 20$3,550$296
At-fault Accidents Age 40$2,520$210
Low Deductibles Age 40$2,326$194
Safe Driver Age 30$1,884$157
Safe Driver Age 40$1,788$149
Safe Driver Age 50$1,630$136
Safe Driver Age 60$1,598$133
High Deductibles Age 40$1,512$126
Discount Rate Age 40$1,486$124

Which X1 model has the cheapest insurance rates?

The cheapest BMW X1 to insure is the $39,100 base xDrive28i trim at $1,754 per year, or about $146 per month. The most expensive model to insure is the $43,300 xDrive28i Premium model, costing an average of $72 more per year.

The rate table below breaks down average car insurance rates, plus a monthly budget estimate, for each BMW X1 trim level for the 2023 model year.

2023 BMW X1 Insurance Cost by Trim Level
BMW X1 Trim Level Annual Policy 6-month Policy Per Month
xDrive28i$1,754$877$146
xDrive28i Premium$1,826$913$152

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 BMW X1, 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 January 23, 2023
BMW X1 Insurance Cost by Trim Level

BMW X1 car insurance cost: Where does it rank?

BMW X1 insurance cost ranks 12th out of 37 vehicles in the 2023 small luxury SUV class. The X1 costs $121 less per year (or 6.3%) than the average rate for comparable luxury models.

The X1 costs an average of $1,788 per year to insure for full coverage and the average for all comparable small luxury SUVs is $1,909 per year.

When X1 insurance rates are compared to the most popular models in the small luxury SUV segment, insurance for a BMW X1 costs $18 more per year than the Lexus NX 350, $10 less than the Mercedes-Benz GLC300, $288 less than the BMW X3, and $316 more than the Acura RDX.

The table below shows how well BMW X1 car insurance rates fare against the rest of the small luxury SUV market.

Insurance Cost Comparison: BMW X1 vs Small Luxury SUVs
Rank Make/Model Insurance Cost Difference
1Acura RDX$1,472-$316
2Cadillac XT4$1,592-$196
3Volvo XC40$1,622-$166
4Lexus UX 250h$1,650-$138
5Mercedes-Benz GLA250$1,712-$76
6Mercedes-Benz GLB 250$1,718-$70
7Lexus NX 250$1,740-$48
8Lexus NX 350h$1,760-$28
9Lexus NX 350$1,770-$18
10Lincoln Corsair$1,772-$16
11Lexus NX 450h$1,776-$12
12BMW X1$1,788--
13Alfa Romeo Tonale$1,790$2
14Mercedes-Benz GLC300$1,798$10
15Lexus RZ 450e$1,802$14
16Volvo XC60$1,806$18
17Audi Q3$1,820$32
18Land Rover Evoque$1,828$40
19Volvo C40$1,846$58
20Infiniti QX55$1,908$120
21Mercedes-Benz GLA35 AMG$1,914$126
22Genesis GV70$1,944$156
23Mercedes-Benz EQB 300$1,954$166
24Genesis GV60$1,958$170
25Mercedes-Benz GLA45 AMG$1,968$180
26Alfa Romeo Stelvio$1,978$190
27Audi Q5$1,990$202
28Land Rover Range Rover Velar$1,996$208
29Mercedes-Benz EQB 350$2,000$212
30BMW X4$2,038$250
31Land Rover Defender$2,044$256
32Jaguar F-Pace$2,054$266
33Audi Q4$2,066$278
34Porsche Macan$2,070$282
35BMW X3$2,076$288
36Jaguar I-Pace$2,194$406
37Aston Martin DBX$3,424$1,636

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2023 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 January 23, 2023
Insurance Cost Comparison: BMW X1 vs Small Luxury SUVs

How much does a used BMW X1 cost to insure?

Choosing to drive a 2013 BMW X1 instead of a new 2023 model year may save up to $506 annually. Even insuring a 2018 model could save $396 on a yearly basis.

The following table illustrates the range of BMW X1 car insurance prices for different driver age groups and model years. Insurance costs range from the best rate of $1,146 for a 60-year-old driver rated on a 2013 BMW X1 to a high of $3,550 for a 20-year-old with a 2023 model.

BMW X1 Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 BMW X1$3,550$1,788$1,598
2022 BMW X1$3,264$1,648$1,474
2021 BMW X1$3,296$1,660$1,484
2020 BMW X1$3,252$1,636$1,464
2019 BMW X1$2,892$1,458$1,306
2018 BMW X1$2,770$1,392$1,248
2017 BMW X1$2,648$1,336$1,198
2016 BMW X1$2,678$1,342$1,206
2015 BMW X1$2,798$1,404$1,256
2014 BMW X1$2,736$1,370$1,226
2013 BMW X1$2,544$1,282$1,146

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 January 23, 2023
BMW X1 Insurance Cost by Model Year

Additional Rates and Insights

Key additional insights when insuring a BMW X1, along with possible discounts are as follows:

  • X1 insurance is expensive for high-risk drivers. For a 20-year-old driver, having too many accidents or violations can cause a rate increase of $2,752 or more per year.
  • As you age, insurance rates get cheaper. The difference in 2023 X1 insurance cost between a 60-year-old driver ($1,598 per year) and a 30-year-old driver ($1,884 per year) is $286, or a savings of 15.2%.
  • Get better rates due to your job. Just about all auto insurance providers offer policy discounts for occupations like lawyers, nurses, doctors, engineers, architects, and other occupations. By qualifying for this profession discount, you may save between $54 and $178 on your car insurance bill, depending on the age of the driver.
  • Young male drivers pay the highest rates. For a 2023 BMW X1, a 20-year-old male driver pays an average price of $3,550 per year, while a 20-year-old woman will pay $2,636, a difference of $914 per year in the women’s favor by a large margin. But by age 50, male driver rates are $1,630 and rates for female drivers are $1,594, a difference of only $36.
  • The cost to insure teenage drivers is high. Average rates for full coverage X1 insurance costs $6,394 per year for a 16-year-old driver, $5,974 per year for a 17-year-old driver, and $5,580 per year for a 18-year-old driver.
  • Avoiding accidents saves money. Too frequent at-fault accidents can raise rates, as much as $826 per year for a 30-year-old driver and even $572 per year for a 50-year-old driver.
  • Excellent credit equals excellent rates. Drivers who maintain a credit score over 800 could save as much as $281 per year when compared to a slightly lower credit rating between 670-739. Conversely, poor credit could cost as much as $325 more per year.