Bmw 230xi Car Insurance Cost 2024: Compare Rates

If you’re considering purchasing a BMW 230xi, it’s crucial to factor in the cost of insurance. 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 BMW 230xi Car Insurance Cost?

Usually, Virginia Farm Bureau offers the most competitive option, with an annual cost of approximately $970 for comprehensive insurance on a 2022 BMW 230xi.

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.

2022 BMW 230xi Insurance Rates

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

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

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

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

2018 BMW 230xi Insurance Rates

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

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

Insurance Provider	Average Annual Cost
Unitrin	$3,524
Dairyland Auto	$29,861

Compare BMW 230xi To Other BMW Models

Looking for other BMW model insurance costs?

Our Methodology

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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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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Brands Reviewed

40+

Research Hours

15+

Years Of Experience