How much BMW insurance costs
Insuring a BMW costs about $1,869 a year for a typical model at the US average — above average — pricier than most brands. The cheapest is the Z4 (~$1,096/yr), the priciest the i8 (~$8,865/yr). Your own rate shifts with your state, age and record — but the model you pick sets the baseline.
INSURANCE / TYPICAL
$1,869
typical BMW / year
CHEAPEST
Z4
cheapest to insure ($1,096)
PRICIEST
i8
priciest to insure ($8,865)
COVERAGE
82
BMW models with data
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BMW insurance cost by model
Estimated annual premium for every BMW model at the US average, cheapest first — from real HLDI insurance-loss indices. Click a model for its full page.
FIG.01
| Model | Est. premium | vs average | Verdict |
|---|---|---|---|
| Z4 | $1,096/yr | 76% of avg | Cheap |
| i3 | $1,304/yr | 91% of avg | Cheap |
| 320i | $1,336/yr | 93% of avg | Average |
| 328d | $1,336/yr | 93% of avg | Average |
| X1 | $1,359/yr | 95% of avg | Average |
| 530e | $1,360/yr | 95% of avg | Average |
| 530i | $1,360/yr | 95% of avg | Average |
| 540i | $1,360/yr | 95% of avg | Average |
| M550i | $1,360/yr | 95% of avg | Average |
| 128i | $1,365/yr | 95% of avg | Average |
| 135i | $1,365/yr | 95% of avg | Average |
| 228i | $1,448/yr | 101% of avg | Average |
| 230i | $1,448/yr | 101% of avg | Average |
| X2 | $1,468/yr | 102% of avg | Average |
| 325Ci | $1,496/yr | 104% of avg | Average |
| 325i | $1,496/yr | 104% of avg | Average |
| 325xi | $1,496/yr | 104% of avg | Average |
| 330Ci | $1,496/yr | 104% of avg | Average |
| 525i | $1,524/yr | 106% of avg | Average |
| 525xi | $1,524/yr | 106% of avg | Average |
| 430i | $1,575/yr | 110% of avg | Average |
| 440i | $1,575/yr | 110% of avg | Average |
| 330xi | $1,596/yr | 111% of avg | Average |
| 328xi | $1,600/yr | 111% of avg | Average |
| 528xi | $1,661/yr | 116% of avg | Pricey |
| 535xi | $1,661/yr | 116% of avg | Pricey |
| 335is | $1,664/yr | 116% of avg | Pricey |
| X7 | $1,668/yr | 116% of avg | Pricey |
| 330e | $1,671/yr | 116% of avg | Pricey |
| 340i | $1,671/yr | 116% of avg | Pricey |
| 335i | $1,675/yr | 117% of avg | Pricey |
| 545i | $1,678/yr | 117% of avg | Pricey |
| 528i | $1,694/yr | 118% of avg | Pricey |
| 535d | $1,694/yr | 118% of avg | Pricey |
| 328i | $1,708/yr | 119% of avg | Pricey |
| 335xi | $1,716/yr | 119% of avg | Pricey |
| 335d | $1,726/yr | 120% of avg | Pricey |
| 540d | $1,777/yr | 124% of avg | Pricey |
| i4 | $1,795/yr | 125% of avg | Pricey |
| 530xi | $1,796/yr | 125% of avg | Pricey |
| 428i | $1,869/yr | 130% of avg | Pricey |
| 435i | $1,869/yr | 130% of avg | Pricey |
| M235 | $1,885/yr | 131% of avg | Pricey |
| 745Li | $1,895/yr | 132% of avg | Pricey |
| 745i | $1,895/yr | 132% of avg | Pricey |
| X3 | $1,907/yr | 133% of avg | Pricey |
| X5 | $1,941/yr | 135% of avg | Pricey |
| 330i | $1,971/yr | 137% of avg | Pricey |
| M2 | $1,986/yr | 138% of avg | Pricey |
| 645Ci | $2,016/yr | 140% of avg | Pricey |
| iX | $2,206/yr | 153% of avg | Pricey |
| M440i | $2,289/yr | 159% of avg | Pricey |
| M235i | $2,319/yr | 161% of avg | Pricey |
| X4 | $2,486/yr | 173% of avg | Pricey |
| M340i | $2,495/yr | 174% of avg | Pricey |
| M240i | $2,692/yr | 187% of avg | Pricey |
| i5 | $2,748/yr | 191% of avg | Pricey |
| 535i | $2,810/yr | 195% of avg | Pricey |
| 550i | $2,876/yr | 200% of avg | Pricey |
| 840i | $2,905/yr | 202% of avg | Pricey |
| M850i | $2,905/yr | 202% of avg | Pricey |
| M4 | $3,000/yr | 209% of avg | Pricey |
| M3 | $3,230/yr | 225% of avg | Pricey |
| i7 | $3,359/yr | 234% of avg | Pricey |
| X6 | $3,457/yr | 240% of avg | Pricey |
| M5 | $3,658/yr | 254% of avg | Pricey |
| 640i | $4,189/yr | 291% of avg | Pricey |
| 650i | $4,189/yr | 291% of avg | Pricey |
| M8 | $4,380/yr | 305% of avg | Pricey |
| 740Li | $4,458/yr | 310% of avg | Pricey |
| 740i | $4,458/yr | 310% of avg | Pricey |
| 750Li | $4,458/yr | 310% of avg | Pricey |
| 750e | $4,458/yr | 310% of avg | Pricey |
| 750i | $4,458/yr | 310% of avg | Pricey |
| 760Li | $4,458/yr | 310% of avg | Pricey |
| 760i | $4,458/yr | 310% of avg | Pricey |
| M6 | $5,003/yr | 348% of avg | Pricey |
| XM | $5,004/yr | 348% of avg | Pricey |
| M760i | $5,039/yr | 350% of avg | Pricey |
| 850i | $5,298/yr | 368% of avg | Pricey |
| Alpina | $6,307/yr | 439% of avg | Pricey |
| i8 | $8,865/yr | 617% of avg | Pricey |
ROWS 82·SOURCE HLDI × NAIC
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Cheapest BMWs to insure
The BMW models that cost the least to insure at the US average.
Most expensive BMWs to insure
The priciest BMWs to insure — usually the most powerful and costly to repair.
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BMW insurance cost by state — all 50
Where you live moves a BMW premium as much as which model you pick. A typical BMW (index 130) runs about $2,592/yr in Florida but only $1,204/yr in Maine — a swing of over $1,388 on the same car.
Estimated annual premium for a typical BMW in every state, priciest first.
FIG.04
| State | Typical BMW / yr | vs US average |
|---|---|---|
| Florida | $2,592/yr | +39% vs US |
| Louisiana | $2,573/yr | +38% vs US |
| New York | $2,465/yr | +32% vs US |
| District of Columbia | $2,364/yr | +26% vs US |
| Georgia | $2,270/yr | +21% vs US |
| Texas | $2,245/yr | +20% vs US |
| Rhode Island | $2,223/yr | +19% vs US |
| New Jersey | $2,201/yr | +18% vs US |
| Colorado | $2,152/yr | +15% vs US |
| Maryland | $2,083/yr | +11% vs US |
| Nevada | $2,081/yr | +11% vs US |
| Michigan | $2,044/yr | +9% vs US |
| Delaware | $2,040/yr | +9% vs US |
| South Carolina | $1,972/yr | +6% vs US |
| Connecticut | $1,961/yr | +5% vs US |
| Arizona | $1,955/yr | +5% vs US |
| California | $1,842/yr | -1% vs US |
| Massachusetts | $1,838/yr | -2% vs US |
| Mississippi | $1,813/yr | -3% vs US |
| Oklahoma | $1,722/yr | -8% vs US |
| Missouri | $1,719/yr | -8% vs US |
| New Mexico | $1,691/yr | -10% vs US |
| Arkansas | $1,686/yr | -10% vs US |
| Utah | $1,670/yr | -11% vs US |
| Pennsylvania | $1,656/yr | -11% vs US |
| Alabama | $1,649/yr | -12% vs US |
| Oregon | $1,649/yr | -12% vs US |
| Alaska | $1,641/yr | -12% vs US |
| Illinois | $1,634/yr | -13% vs US |
| Virginia | $1,610/yr | -14% vs US |
| Washington | $1,605/yr | -14% vs US |
| West Virginia | $1,596/yr | -15% vs US |
| Minnesota | $1,590/yr | -15% vs US |
| Tennessee | $1,575/yr | -16% vs US |
| Kentucky | $1,571/yr | -16% vs US |
| Nebraska | $1,539/yr | -18% vs US |
| Montana | $1,539/yr | -18% vs US |
| Kansas | $1,536/yr | -18% vs US |
| Wyoming | $1,534/yr | -18% vs US |
| South Dakota | $1,505/yr | -19% vs US |
| North Carolina | $1,426/yr | -24% vs US |
| Ohio | $1,349/yr | -28% vs US |
| New Hampshire | $1,342/yr | -28% vs US |
| Indiana | $1,341/yr | -28% vs US |
| Iowa | $1,312/yr | -30% vs US |
| Wisconsin | $1,300/yr | -30% vs US |
| Hawaii | $1,297/yr | -31% vs US |
| Idaho | $1,275/yr | -32% vs US |
| North Dakota | $1,250/yr | -33% vs US |
| Vermont | $1,245/yr | -33% vs US |
| Maine | $1,204/yr | -36% vs US |
ROWS 51·SOURCE NAIC × HLDI
Estimate a specific BMW model in your state →
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BMW insurance cost by year
A typical BMW costs about +19% more to insure than in 2019 — premiums have climbed across the board. Estimated typical BMW premium by year (US average):
FIG.05
| Year | Typical BMW / yr |
|---|---|
| 2023 | |
| 2022 | |
| 2021 | |
| 2020 | |
| 2019 |
ROWS 5·SOURCE NAIC
For how insurance changes by a car's model year (a 2018 vs a 2024 of the same model), see each model's page.
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BMW insurance — FAQ
Is BMW expensive to insure?
BMW is above average — pricier than most brands to insure — a typical model runs about $1,869/yr at the US average. Sportier and pricier models cost more; mainstream ones cost less.
What is the cheapest BMW to insure?
The Z4 is the cheapest BMW to insure in our data — around $1,096/yr at the national average, about 24% below a typical car.
What is the most expensive BMW to insure?
The i8 is the priciest BMW to insure — roughly $8,865/yr, about 517% above the average car.
How much is insurance on a BMW per month?
A typical BMW costs about $156/month at the US average for full coverage. It varies by exact model, your state, age and driving record.
How is this BMW estimate calculated?
We combine each BMW model's real HLDI insurance-loss index with the NAIC average premium for the US (or your state). It's an estimate for a typical driver with full coverage — not a quote.
Insurance-cost estimates for BMW computed by ForCar from HLDI/IIHS insurance-loss indices (relative losses versus an average car, 100 = average) combined with NAIC average premiums (2023). Estimates assume a typical driver with full coverage; your quote varies with age, record, credit, ZIP and coverage. For research and comparison, not a quote. Reviewed by Denis Kataev, founder of ForCar.
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