BMW 230i Car Insurance Cost 2025
Getting insurance for a BMW 230i costs an average of $2,481 per year. However, the exact cost can vary based on factors such as your age, the year of the car model, your location, driving history, and the specific coverage options you choose. To get a more accurate estimate of your insurance costs, you can use quote tables to compare rates from different providers based on your unique profile.
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When contemplating the purchase of a BMW 230i, it’s vital to consider the cost of insurance. On average, insurance for a BMW 230i costs $2,481 per year. Insurance plays a significant role in car ownership, and it’s crucial to comprehend the financial commitment beforehand.
Selecting the appropriate car insurance is essential to prevent unexpected and potentially costly surprises in the future. Having adequate coverage in the event of an accident is important to avoid substantial out-of-pocket expenses. Additionally, being found at fault in an accident could lead to increased premiums.
Based on more than a decade of experience analyzing car insurance rates, I’ve observed significant variations in these costs. Your age, driving history, and location are all significant factors that can influence your insurance premiums.
How Much Does A BMW 230i Car Insurance Cost?
Typically, BMW 230i drivers can find car insurance at an average rate of $2,481 per year.
While USAA’s rate provides a helpful starting point, it’s important to understand that car insurance costs can vary significantly due to several factors. These factors include your location, driving history, car age, and the specific coverage options you choose. Maintaining a clean driving record often results in lower premiums, while a history of accidents or traffic violations can increase rates.
Additionally, living in a busy urban area typically leads to higher insurance rates compared to quieter rural areas. The type of coverage you select also impacts your premium – comprehensive coverage, which includes both comprehensive and collision coverage, will be more expensive than basic liability coverage.
At Insuranceopedia, we’re here to help you compare quotes from different insurance providers to ensure you find the most favorable deal.
Average Insurance Cost Of BMW 230i By Model Year
| Model Year | Average Premium |
| 2024 BMW 230i | $3,370 |
| 2023 BMW 230i | $1,964 |
| 2022 BMW 230i | $1,052 |
| 2021 BMW 230i | $1,666 |
| 2020 BMW 230i | $1,429 |
| 2019 BMW 230i | $1,556 |
| 2018 BMW 230i | $1,214 |
| 2017 BMW 230i | $1,019 |
2024 BMW 230i Insurance Rates
The average annual insurance cost for a 2024 BMW 230i is $3,370. However, USAA offers the cheapest rates, averaging $2,279 per year.
| Insurance Provider | Average Annual Cost |
| USAA | $2,279 |
| 21st Century | $3,452 |
| Metropolitan | $3,987 |
| Grange | $3,100 |
| Hartford | $3,624 |
| Farmers | $3,423 |
| Nationwide | $3,911 |
| California Capital | $3,481 |
| Unitrin | $3,132 |
| State Farm | $3,376 |
2023 BMW 230i Insurance Rates
The average annual insurance cost for a 2023 BMW 230i is $1,964. However, Mercury offers the cheapest rates, averaging $1,561 per year.
| Insurance Provider | Average Annual Cost |
| Mercury | $1,561 |
| State Farm | $2,316 |
| Farmers | $2,256 |
| California Capital | $1,414 |
| Travelers | $2,184 |
| USAA | $2,043 |
| Grange | $2,147 |
| Metropolitan | $1,646 |
| 21st Century | $1,761 |
| Hartford | $2,309 |
2022 BMW 230i Insurance Rates
The average annual insurance cost for a 2022 BMW 230i is $1,052. However, Kemper Auto | Infinity offers the cheapest rates, averaging $589 per year.
| Insurance Provider | Average Annual Cost |
| Hastings Mutual Insurance Co | $643 |
| Western Reserve | $1,311 |
| National General | $813 |
| Buckeye Insurance Group | $780 |
| GMAC Insurance Group | $1,631 |
| Safeco | $880 |
| Grange Mutual | $1,325 |
| Kemper Auto | Infinity | $589 |
| Texas Farm Bureau Group | $1,245 |
| North Carolina Farm Bureau | $1,298 |
2021 BMW 230i Insurance Rates
The average annual insurance cost for a 2021 BMW 230i is $1,666. However, North Carolina Farm Bureau offers the cheapest rates, averaging $1,324 per year.
| Insurance Provider | Average Annual Cost |
| Allied | $2,159 |
| North Carolina Farm Bureau | $1,324 |
| MO Farm Bureau Services | $2,011 |
| GMAC Insurance Group | $1,427 |
| New Jersey Manufacturers | $1,491 |
| Donegal Mutual Insurance Co | $1,521 |
| Pekin Insurance | $1,667 |
| Texas Farm Bureau Group | $1,543 |
| American Independent Ins Co | $1,786 |
| Atlantic States Insurance | $1,732 |
2020 BMW 230i Insurance Rates
The average annual insurance cost for a 2020 BMW 230i is $1,429. However, Pekin Insurance offers the cheapest rates, averaging $982 per year.
| Insurance Provider | Average Annual Cost |
| Tennessee Farmers | $1,240 |
| MO Farm Bureau Services | $1,667 |
| Westfield | $1,700 |
| New York Central Mutual Fire | $1,082 |
| Direct Auto | $1,437 |
| Pekin Insurance | $982 |
| Hastings Mutual Insurance Co | $1,498 |
| Grange Mutual | $1,712 |
| SECURA Insurance | $1,475 |
| NatGen Value | $1,495 |
2019 BMW 230i Insurance Rates
The average annual insurance cost for a 2019 BMW 230i is $1,556. However, Safety Group offers the cheapest rates, averaging $1,188 per year.
| Insurance Provider | Average Annual Cost |
| National Grange Mutual | $1,758 |
| Direct Auto | $1,307 |
| Farm Bureau Mutual (IA Group) | $1,568 |
| Mississippi Farm Bureau | $1,720 |
| Norfolk and Dedham Group | $1,279 |
| Plymouth Rock Assurance | $1,695 |
| Safety Group | $1,188 |
| ACE American Pool | $1,724 |
| Arbella Insurance Group | $1,829 |
| Pekin Insurance | $1,493 |
2018 BMW 230i Insurance Rates
The average annual insurance cost for a 2018 BMW 230i is $1,214. However, American National P offers the cheapest rates, averaging $321 per year.
| Insurance Provider | Average Annual Cost |
| American National P | $321 |
| Safeco | $445 |
| Cincinnati Insurance | $1,872 |
| Direct Auto | $1,326 |
| New Jersey Manufacturers | $1,487 |
| Mississippi Farm Bureau | $1,676 |
| Penn National | $1,382 |
| Virginia Farm Bureau | $1,006 |
| Texas Farm Bureau Group | $1,457 |
| Southern Farm Bureau | $1,165 |
2017 BMW 230i Insurance Rates
The average annual insurance cost for a 2017 BMW 230i is $1,019. However, American National P offers the cheapest rates, averaging $390 per year.
| Insurance Provider | Average Annual Cost |
| Norfolk and Dedham Group | $1,330 |
| Hastings Mutual Insurance Co | $1,133 |
| Grange Mutual | $1,034 |
| Texas Farm Bureau Group | $1,126 |
| Buckeye Insurance Group | $615 |
| Mutual Of Enumclaw | $1,126 |
| Western Reserve | $1,214 |
| American National P | $390 |
| Auto-Owners Insurance Co | $941 |
| Safety Group | $1,277 |
Find Affordable BMW 230i Insurance Rates
Common A BMW 230i Insurance Discounts
Discounts are an effective way to reduce your car insurance expenses. While each auto insurance provider offers its unique set of discounts, there are several common ones you can explore:
- Multi-policy: Bundling your home and auto insurance with the same provider can often result in a reduced rate.
- Pay annually: Paying your premium in a single lump sum instead of monthly installments can lead to savings.
- Defensive driving: Completing a certified defensive driving course can make you eligible for discounts.
Additionally, there may be other discounts tailored to your profile. Contact your insurance agent for personalized advice on discounts you qualify for, ensuring you maximize potential savings.
Compare BMW 230i To Other BMW Models
Looking for other BMW model insurance costs?
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Our Methodology
To calculate average car insurance costs, Insuranceopedia analyzed thousands of quotes from top auto insurance companies. The sample profile used for this calculation represents a 40-year-old male purchasing full-coverage car insurance with $100,000 in property damage liability, $100,000 in bodily injury liability, and a $1,000 deductible. Keep in mind that the figures in this guide are averages and may vary based on your personal details, such as age, location, driving history, and specific coverage choices.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
Do You Need Insurance Before You Can Purchase A BMW 230i?
Yes, proof of insurance is required before you can drive your BMW 230i off the dealership lot. It’s recommended to purchase a policy in advance and notify your insurance company about your upcoming car purchase, rather than obtaining insurance through the dealership.
How Can You Get The Cheapest Insurance For Your BMW 230i?
The most effective way to secure the lowest insurance rates for your BMW 230i is by shopping around and comparing quotes from various auto insurance providers. Insuranceopedia simplifies this process by enabling you to compare quotes from multiple companies directly on their website.
