BMW 230xi Car Insurance Cost 2025
On average, insuring a BMW 230xi costs around $970 per year. However, the actual cost can vary depending on factors like your age, the car’s model year, and other personal details. You can use the quote tables below to get an estimate of your specific insurance costs.
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If you’re considering purchasing a BMW 230xi, it’s crucial to factor in the cost of insurance. On average, insurance for a BMW 230xi costs $970 per year. Insurance plays a significant role in car ownership, and it’s essential to grasp the financial commitment before making a decision.
Selecting the right car insurance is vital to prevent unexpected and potentially costly surprises down the road. It’s crucial to have adequate coverage in case of an accident to avoid significant out-of-pocket expenses. Additionally, being responsible for an accident could lead to higher premiums.
With over a decade of experience studying car insurance rates, I’ve observed the considerable variation in these costs. Your age, driving history, and location are all significant factors that can influence your insurance premiums.
How Much Does A BMW 230xi Car Insurance Cost?
On average, BMW 230xi drivers can expect to pay about $970 per year for car insurance.
While Virginia Farm Bureau’s rate provides a helpful benchmark, 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 230xi By Model Year
| Model Year | Average Premium |
| 2022 BMW 230xi | $1,807 |
| 2021 BMW 230xi | $2,667 |
| 2020 BMW 230xi | $1,400 |
| 2019 BMW 230xi | $3,006 |
| 2018 BMW 230xi | $2,210 |
| 2017 BMW 230xi | $1,560 |
| 2015 BMW 230xi | $16,693 |
2022 BMW 230xi Insurance Rates
The average annual insurance cost for a 2022 BMW 230xi is $1,807. However, Virginia Farm Bureau offers the cheapest rates, averaging $970 per year.
| Insurance Provider | Average Annual Cost |
| North Carolina Farm Bureau | $1,405 |
| GMAC Insurance Group | $1,561 |
| Penn National | $1,756 |
| Virginia Farm Bureau | $970 |
| Erie | $2,176 |
| American National P | $1,145 |
| USAA | $2,592 |
| Southern Farm Bureau | $2,244 |
| Colorado Farm Bureau Mutual | $2,497 |
| New York Central Mutual Fire | $1,726 |
2021 BMW 230xi Insurance Rates
The average annual insurance cost for a 2021 BMW 230xi is $2,667. However, Clearcover offers the cheapest rates, averaging $1,283 per year.
| Insurance Provider | Average Annual Cost |
| Auto-Owners Insurance Co | $3,014 |
| Allied | $3,048 |
| Nationwide | $2,825 |
| Country | $2,872 |
| Travelers | $1,645 |
| USAA | $3,215 |
| Clearcover | $1,283 |
| Mercury | $3,140 |
| Encompass | $3,155 |
| State Farm | $2,471 |
2020 BMW 230xi Insurance Rates
The average annual insurance cost for a 2020 BMW 230xi is $1,400. However, Pekin Insurance offers the cheapest rates, averaging $836 per year.
| Insurance Provider | Average Annual Cost |
| Kemper Auto Premier | $1,892 |
| New York Central Mutual Fire | $1,769 |
| United Farm Bureau of IN Group | $1,682 |
| Indiana Farmers Mutual Ins | $1,402 |
| Motorists Mutual | $1,791 |
| Western Reserve | $1,510 |
| Pekin Insurance | $836 |
| Direct General Insurance | $737 |
| Buckeye Insurance Group | $1,250 |
| Virginia Farm Bureau | $1,129 |
2019 BMW 230xi Insurance Rates
The average annual insurance cost for a 2019 BMW 230xi is $3,006. However, Sentry offers the cheapest rates, averaging $2,420 per year.
| Insurance Provider | Average Annual Cost |
| Bristol West | $3,724 |
| Sentry | $2,420 |
| State Farm | $2,749 |
| Hartford | $2,615 |
| Erie | $3,645 |
| CSAA | $2,461 |
| California Capital | $3,228 |
| Mercury | $3,460 |
| Allied | $3,687 |
| Grange | $2,074 |
Find Affordable BMW 230xi Insurance Rates
2018 BMW 230xi Insurance Rates
The average annual insurance cost for a 2018 BMW 230xi is $2,210. However, North Carolina Farm Bureau offers the cheapest rates, averaging $1,435 per year.
| Insurance Provider | Average Annual Cost |
| Direct Auto | $2,146 |
| Erie | $2,675 |
| Pekin Insurance | $1,914 |
| Indiana Farmers Mutual Ins | $1,993 |
| North Carolina Farm Bureau | $1,435 |
| 21st Century | $2,513 |
| Country | $2,678 |
| Penn National | $2,134 |
| GMAC Insurance Group | $1,930 |
| USAA | $2,679 |
2017 BMW 230xi Insurance Rates
The average annual insurance cost for a 2017 BMW 230xi is $1,560. However, Safeco offers the cheapest rates, averaging $712 per year.
| Insurance Provider | Average Annual Cost |
| Dairyland | $1,526 |
| Direct Auto | $1,651 |
| Virginia Farm Bureau | $1,855 |
| Safeco | $712 |
| Liberty Mutual | $2,565 |
| Country | $1,791 |
| GMAC Insurance Group | $1,318 |
| SECURA Insurance | $1,242 |
| North Carolina Farm Bureau | $1,045 |
| Penn National | $1,895 |
2015 BMW 230xi Insurance Rates
The average annual insurance cost for a 2015 BMW 230xi is $16,693. However, Unitrin offers the cheapest rates, averaging $3,524 per year.
| Insurance Provider | Average Annual Cost |
| Unitrin | $3,524 |
| Dairyland Auto | $29,861 |
Find Affordable BMW 230xi Insurance Rates
Is A BMW 230xi Expensive To Insure?
The cost of insuring a BMW 230xi is higher than the average for all vehicles. However, the exact amount you’ll pay for insurance depends on several factors, including your age, the age of your car, your location, and other considerations.
Common BMW 230xi Insurance Discounts
Discounts are an excellent way to reduce your car insurance premiums. While each insurer may offer different discounts, here are a few common ones you may qualify for:
- Multi-policy: Bundling your home and auto insurance with the same provider often results in a discount.
- Pay annually: Paying your premium in a lump sum, rather than monthly installments, can help lower your rate.
- Defensive driving: Completing a certified defensive driving course may make you eligible for a discount.
There may be additional discounts available, so it’s a good idea to consult with your insurance agent. They can help identify all the discounts you qualify for.
Compare BMW 230xi To Other BMW Models
Looking for other BMW model insurance costs?
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Our Methodology
To determine average car insurance costs, Insuranceopedia collected thousands of quotes from top auto insurance providers. The sample profile used was for a 40-year-old male driver purchasing full-coverage insurance with the following coverage limits: $100,000 for property damage liability, $100,000 for bodily injury liability, and a $1,000 deductible. Keep in mind, the rates in this guide may differ from the quotes you personally receive.
To ensure accurate and trustworthy insurance company ratings, I employed a detailed methodology. I assess numerous insurers, utilizing insights from reputable review sites and critical metrics from industry authorities such as A.M. Best and J.D. Power. With my 15 years of experience as an insurance agent, I enhance our analysis with firsthand knowledge, ensuring our ratings are reliable guides for your insurance decision-making process.
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FAQs
Do You Need Insurance Before You Can Purchase A BMW 230xi?
Yes, you’ll need to provide proof of insurance before driving your BMW 230xi off the dealership lot. It’s best to purchase a policy in advance and then notify your insurance company about the upcoming car purchase, rather than relying on the dealership’s insurance options.
How Can You Get The Cheapest Insurance For Your BMW 230xi?
The best way to find the lowest rates for your BMW 230xi is to shop around and compare quotes from various auto insurance companies. Fortunately, Insuranceopedia makes it easy to compare quotes from multiple providers directly on our website.
