BMW i3 Car Insurance Cost 2025
On average, insuring a BMW i3 costs $2,112 per year. However, your exact insurance cost may vary depending on factors such as your age, the car’s model year, and other personal details. To get an idea of your specific expenses, refer to the quote tables below.
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If you’re considering purchasing a BMW i3, one of the many factors you’ll need to consider is the cost of insurance. After all, insurance is a significant part of car ownership, and it’s crucial to know what you’re getting into before you make your purchase. On average, insurance for a BMW i3 costs $2,112 per year.
Not carefully selecting a good car insurance policy can lead to unexpected and potentially high costs down the road. The last thing you want to happen is to have insufficient coverage when an accident occurs, leaving you with hefty out-of-pocket expenses. And let’s not forget about potential increases in premiums if you’re found at fault.
With over a decade of experience analyzing car insurance rates, I’ve seen just how much these costs can vary. Factors such as your age, driving record, and even where you live can significantly influence your insurance premiums.
How Much Does A BMW i3 Car Insurance Cost?
BMW i3 drivers typically pay an average of $2,112 per year for car insurance.
The cost of car insurance can vary significantly based on factors like location, driving history, car model year, and coverage options. A clean driving record can help lower premiums, while a history of accidents or violations may increase costs. Urban areas with heavy traffic typically have higher rates than rural areas. Similarly, comprehensive insurance—which includes both collision and comprehensive coverage—costs more than basic liability coverage.
For BMW i3 drivers, insurance costs are generally lower compared to the average for all BMWs but higher than the average for all vehicles. To find the best deal for your specific needs, Insuranceopedia provides tools to compare quotes from various auto insurance providers.
| Vehicle | Average Monthly Premium |
| BMW i3 | $185 |
| All BMWs | $206 |
| All Cars | $175 |
Average Insurance Cost Of BMW i3 By Model Year
| Model Year | Average Premium |
| 2021 BMW i3 | $1,902 |
| 2020 BMW i3 | $2,383 |
| 2019 BMW i3 | $1,936 |
| 2018 BMW i3 | $1,722 |
| 2017 BMW i3 | $2,213 |
| 2016 BMW i3 | $1,822 |
| 2015 BMW i3 | $1,202 |
| 2014 BMW i3 | $823 |
| 2013 BMW i3 | $6,376 |
2021 BMW i3 Insurance Rates
The average annual insurance cost for a 2021 BMW i3 is $1,902. However, 21st Century offers the cheapest rates, averaging $1,408 per year.
| Insurance Provider | Average Annual Cost |
| CSAA | $2,204 |
| Unitrin | $2,053 |
| Farmers | $2,269 |
| Penn National | $1,609 |
| Hartford | $2,074 |
| Nationwide | $2,396 |
| California Capital | $1,800 |
| Mercury | $1,410 |
| 21st Century | $1,408 |
| USAA | $1,800 |
2020 BMW i3 Insurance Rates
The average annual insurance cost for a 2020 BMW i3 is $2,383. However, Mercury offers the cheapest rates, averaging $1,712 per year.
| Insurance Provider | Average Annual Cost |
| Auto Club | $2,767 |
| Unitrin | $1,911 |
| Farmers | $2,075 |
| Grange | $2,415 |
| Metropolitan | $3,062 |
| CSAA | $2,426 |
| Hartford | $2,127 |
| Mercury | $1,712 |
| California Capital | $2,170 |
| Nationwide | $3,165 |
2019 BMW i3 Insurance Rates
The average annual insurance cost for a 2019 BMW i3 is $1,936. However, Penn National offers the cheapest rates, averaging $1,103 per year.
| Insurance Provider | Average Annual Cost |
| Penn National | $1,103 |
| Mercury | $2,148 |
| 21st Century | $2,314 |
| Auto-Owners Insurance Co | $1,732 |
| Nationwide | $2,269 |
| Donegal Mutual Insurance Co | $2,167 |
| California Capital | $2,288 |
| Virginia Farm Bureau | $1,108 |
| USAA | $1,833 |
| Farmers | $2,399 |
2018 BMW i3 Insurance Rates
The average annual insurance cost for a 2018 BMW i3 is $1,722. However, National General offers the cheapest rates, averaging $606 per year.
| Insurance Provider | Average Annual Cost |
| Texas Farm Bureau Group | $1,002 |
| National General | $606 |
| Erie | $2,349 |
| Republic Indemnity | $1,713 |
| Mercury | $2,099 |
| Allied | $1,708 |
| Chubb | $2,042 |
| New Jersey Manufacturers | $2,252 |
| USAA | $1,703 |
| 21st Century | $1,742 |
2017 BMW i3 Insurance Rates
The average annual insurance cost for a 2017 BMW i3 is $2,213. However, Farm Bureau Mutual (IA Group) offers the cheapest rates, averaging $1,252 per year.
| Insurance Provider | Average Annual Cost |
| Allied | $2,506 |
| California Capital | $2,342 |
| North Star | $2,418 |
| West Bend Mutual | $2,718 |
| 21st Century | $2,134 |
| Direct Auto | $2,148 |
| Country | $2,128 |
| Capital Insurance Group | $2,713 |
| Farm Bureau Mutual (IA Group) | $1,252 |
| USAA | $1,772 |
2016 BMW i3 Insurance Rates
The average annual insurance cost for a 2016 BMW i3 is $1,822. However, Mercury Insurance Company offers the cheapest rates, averaging $511 per year.
| Insurance Provider | Average Annual Cost |
| USAA | $1,976 |
| Unitrin | $2,610 |
| Erie | $1,657 |
| Texas Farm Bureau Group | $1,000 |
| Mercury | $2,659 |
| Republic Indemnity | $2,705 |
| Penn National | $2,498 |
| Kemper Auto Premier | $804 |
| Mercury Insurance Company | $511 |
| Direct Auto | $1,803 |
2015 BMW i3 Insurance Rates
The average annual insurance cost for a 2015 BMW i3 is $1,202. However, Safeco offers the cheapest rates, averaging $286 per year.
| Insurance Provider | Average Annual Cost |
| Country | $1,556 |
| Ameriprise Group | $1,258 |
| Safeco | $286 |
| Infinity Special | $1,314 |
| Mercury Insurance Company | $1,054 |
| National General Value | $1,498 |
| Farm Bureau Mutual (IA Group) | $1,168 |
| Kemper Auto | Infinity | $937 |
| SafeAuto | $1,490 |
| USAA | $1,456 |
2014 BMW i3 Insurance Rates
The average annual insurance cost for a 2014 BMW i3 is $823. However, Safeco offers the cheapest rates, averaging $228 per year.
| Insurance Provider | Average Annual Cost |
| PEMCO | $978 |
| Buckeye Insurance Group | $563 |
| Oregon Mutual | $1,248 |
| Kemper Auto Premier | $461 |
| SECURA Insurance | $1,320 |
| Texas Farm Bureau Group | $884 |
| SafeAuto | $350 |
| New Jersey Manufacturers | $999 |
| Safeco | $228 |
| Country | $1,194 |
2013 BMW i3 Insurance Rates
The average annual insurance cost for a 2013 BMW i3 is $6,376. However, Unitrin offers the cheapest rates, averaging $2,715 per year.
| Insurance Provider | Average Annual Cost |
| Unitrin | $2,715 |
| Mercury Insurance Company | $3,516 |
| Infinity Special | $8,787 |
| Dairyland Auto | $10,486 |
Find Affordable BMW i3 Insurance Rates
Is A BMW i3 Expensive To Insure?
The cost to insure a BMW i3 is higher than the overall average for all cars. 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 individual considerations.
Cost of BMW i3 Car Insurance By Age
Age is a major factor in determining car insurance rates. Teen drivers generally face the highest premiums due to their higher likelihood of being involved in accidents. As drivers age and gain experience, insurance costs typically decrease, reflecting a lower risk profile.
| Age | Good Driver | Recent Accident | Poor Credit |
| 17 | $9,589 | $14,133 | $16,536 |
| 18 | $8,999 | $13,152 | $15,435 |
| 19 | $7,927 | $11,699 | $13,592 |
| 20 | $6,953 | $10,185 | $11,863 |
| 21 | $5,755 | $8,473 | $10,006 |
| 22 | $5,645 | $8,286 | $9,733 |
| 23 | $4,915 | $7,288 | $8,479 |
| 24 | $4,719 | $6,945 | $8,055 |
| 25 | $4,030 | $5,906 | $6,944 |
| 30 | $3,120 | $4,638 | $5,447 |
| 35 | $2,934 | $4,316 | $5,036 |
| 40 | $2,871 | $4,156 | $4,911 |
| 45 | $2,730 | $4,090 | $4,739 |
| 55 | $2,515 | $3,681 | $4,399 |
| 65 | $2,653 | $3,843 | $4,522 |
| 75 | $3,321 | $4,885 | $5,738 |
BMW i3 Car Insurance Rates By State
Your location significantly impacts car insurance rates. Each state has unique regulations, and some, like Michigan, require higher levels of coverage, resulting in higher premiums. Additionally, local climates play a role; areas prone to extreme weather events like hurricanes or flooding may see increased rates.
Crime and accident statistics, such as vehicle thefts, crash frequency, and fatality rates, also influence premiums. Insurers evaluate these regional factors to determine the specific cost of insuring a BMW i3 in your area.
| State | Good Driver | Recent Accident | Poor Credit |
| Alabama | $2,981 | $4,345 | $5,553 |
| Alaska | $2,538 | $3,444 | $3,380 |
| Arizona | $2,783 | $4,124 | $6,012 |
| Arkansas | $3,098 | $4,852 | $5,354 |
| California | $3,416 | $6,133 | $3,447 |
| Colorado | $3,245 | $4,449 | $5,717 |
| Connecticut | $4,118 | $6,399 | $8,035 |
| Delaware | $3,404 | $4,539 | $5,849 |
| Florida | $4,065 | $5,572 | $7,334 |
| Georgia | $3,321 | $4,974 | $4,966 |
| Hawaii | $1,356 | $1,791 | $1,348 |
| Idaho | $2,324 | $3,039 | $3,729 |
| Illinois | $2,355 | $3,639 | $4,111 |
| Indiana | $2,414 | $3,724 | $4,182 |
| Iowa | $1,973 | $2,682 | $3,101 |
| Kansas | $2,639 | $3,806 | $4,377 |
| Kentucky | $3,795 | $5,478 | $6,500 |
| Louisiana | $4,802 | $7,287 | $7,916 |
| Maine | $1,858 | $2,505 | $3,759 |
| Maryland | $2,971 | $4,290 | $4,794 |
| Massachusetts | $2,352 | $4,108 | $2,344 |
| Michigan | $5,700 | $8,727 | $13,733 |
| Minnesota | $2,356 | $3,081 | $4,449 |
| Mississippi | $2,857 | $4,059 | $4,064 |
| Missouri | $2,659 | $3,775 | $4,970 |
| Montana | $2,706 | $3,797 | $4,412 |
| Nebraska | $2,278 | $3,434 | $3,653 |
| Nevada | $3,790 | $5,608 | $5,939 |
| New Hampshire | $2,591 | $4,165 | $5,265 |
| New Jersey | $2,861 | $4,499 | $5,972 |
| New Mexico | $2,936 | $4,390 | $4,527 |
| New York | $2,738 | $3,454 | $5,763 |
| North Carolina | $1,696 | $2,939 | $2,063 |
| North Dakota | $2,350 | $3,509 | $4,215 |
| Ohio | $2,042 | $3,152 | $3,287 |
| Oklahoma | $3,291 | $4,759 | $5,378 |
| Oregon | $3,018 | $4,092 | $4,808 |
| Pennsylvania | $2,558 | $3,747 | $4,351 |
| Rhode Island | $4,268 | $6,200 | $6,965 |
| South Carolina | $2,882 | $4,024 | $5,462 |
| South Dakota | $2,554 | $3,692 | $4,308 |
| Tennessee | $2,990 | $4,509 | $5,942 |
| Texas | $3,024 | $4,426 | $5,456 |
| Utah | $2,594 | $3,644 | $5,039 |
| Vermont | $2,025 | $3,108 | $3,279 |
| Virginia | $1,930 | $2,943 | $2,840 |
| Washington | $2,489 | $3,342 | $4,094 |
| West Virginia | $2,495 | $3,617 | $4,498 |
| Wisconsin | $2,513 | $3,896 | $4,498 |
| Wyoming | $2,365 | $3,309 | $3,521 |
Find Affordable BMW i3 Insurance Rates
Cheapest Car Insurance Companies For A BMW i3
If you’re looking for the most affordable car insurance for your BMW i3, MetroMile offers a premium of $17 per month, making them the cheapest provider on average. However, insurance rates can vary based on your specific driver profile. To find the best rates for your situation, it’s a good idea to shop around and compare quotes from multiple providers.
| Company | Average Monthly Rate |
| MetroMile | $17 |
| Amica | $45 |
| Hugo | $35 |
| Infinity | $46 |
| Commonwealth Casualty | $49 |
Common BMW i3 Insurance Discounts
Discounts are an excellent way to reduce your car insurance costs. While each auto insurance provider offers different discounts, some common ones include:
- Multi-policy: You can get a discount by bundling your home and auto insurance policies with the same provider.
- Pay annually: Paying your premium in full upfront, instead of monthly, can often lead to a discount.
- Defensive driving: Completing a certified defensive driving course may qualify you for a lower premium.
There may also be other discounts available based on your situation. Be sure to check with your insurance agent to find out which discounts you may be eligible for.
Ways To Save On BMW i3 Insurance Costs
Maintaining a clean driving record is one of the best ways to keep your BMW i3 insurance costs down. Getting a speeding ticket or being involved in an accident can raise your premiums. BMW i3 drivers with a ticket on their record can expect to pay $54 per month, while those with multiple accidents will pay an average of $88 per month. By avoiding these incidents, you can keep your insurance costs low.
Additionally, drivers with low annual mileage pay less for BMW i3 insurance, as they have fewer chances of getting into accidents. BMW i3 drivers who drive between 5,000 and 7,500 miles per year will pay around $60 per month for car insurance. In contrast, those who drive over 10,000 miles per year will pay $73 per month.
Compare BMW i3 To Other BMW Models
Looking for other BMW model insurance costs?
- BMW i8 Car Insurance
- BMW X1 Car Insurance
- BMW M5 Car Insurance
- BMW X3 Car Insurance
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- BMW X7 Car Insurance
- BMW Z4 Car Insurance
- BMW X6 Car Insurance
- BMW X2 Car Insurance
- BMW228xi Car Insurance
- BMW 230i Car Insurance
- BMW230xi Car Insurance
- BMW 330i Car Insurance
- BMW 330xi Car Insurance
- BMW 430i Car Insurance
- BMW 430xi Car Insurance
- BMW 440xi Car Insurance
- BMW 530e Car Insurance
- BMW 530xe Car Insurance
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- BMW 640 Car Insurance
- BMW 650 Car Insurance
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- BMW M4 Car Insurance
- BMW M6 Car Insurance
- BMW M8 Car Insurance
- BMW X4 Car Insurance
Our Methodology
In order to calculate average car insurance costs, Insuranceopedia aggregated thousands of quotes from leading auto insurance providers. The sample profile was for a 40-year-old male driver buying full-coverage car insurance with these coverage limits: $100,000 in property damage liability, $100,000 in bodily injury liability, and a $1,000 deductible. However, the figures in this guide may differ from your own individual results.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
Do You Need Insurance Before You Can Purchase A BMW i3?
Yes, you will need to provide proof of insurance before you can drive your BMW i3 out of the dealership. The best thing to do is buy a policy and then inform your insurance company that you are about to buy your car. This way, you’ll have the coverage in place before you drive the car off the lot, instead of relying on insurance offered by the dealership.
How Can You Get The Cheapest Insurance For Your BMW i3?
The best way to find the cheapest rates for your BMW i3 is by shopping around and comparing quotes from different auto insurance companies. Fortunately, Insuranceopedia allows you to compare quotes from multiple providers right here on our website, making it easier for you to find the best deal for your needs.
