BMW X2 Car Insurance Cost 2025
On average, insuring a BMW X2 costs $2,573 per year. However, your actual premium may vary depending on factors like your age, the car’s model year, and other individual considerations. Check out our quote tables to get a more tailored estimate for your insurance costs.
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If you’re thinking about buying a BMW X2, it’s important to factor in the cost of insurance. Insurance plays a big role in owning a car, so it’s essential to understand what you’re signing up for before making a decision. On average, insurance for a BMW X2 costs $2,573 per year.
Choosing the right car insurance is crucial to avoid unexpected and potentially high expenses later on. You don’t want to be caught without adequate coverage in the event of an accident, which could leave you facing substantial out-of-pocket costs. Plus, there’s the possibility of premium increases if you’re deemed responsible for an accident.
With over ten years of experience studying car insurance rates, I’ve observed how much these costs can vary. Factors like your age, driving history, and where you reside can significantly impact your insurance premiums.
How Much Does A BMW X2 Car Insurance Cost?
BMW X2 drivers typically secure car insurance at an average annual cost of $2,573.
The cost of car insurance can vary greatly depending on multiple factors, including location, driving history, the model year of your vehicle, and the coverage options you choose. A clean driving record can lower your premiums, while a history of accidents or violations may increase your rates. Living in a densely populated area with heavy traffic can also result in higher premiums, while rural areas typically offer lower rates. Furthermore, comprehensive coverage is usually more expensive than minimal liability insurance.
The BMW X2 tends to have lower insurance costs compared to the average cost for all BMW models but is higher than the overall average cost for all cars.
Insuranceopedia can help you compare quotes from different auto insurance providers to find the best rate tailored to your needs.
| Vehicle | Average Monthly Premium |
| BMW X2 | $187 |
| All BMWs | $206 |
| All Cars | $175 |
Average Insurance Cost Of BMW X2 By Model Year
| Model Year | Average Premium |
| 2023 BMW X2 | $1,834 |
| 2022 BMW X2 | $1,847 |
| 2021 BMW X2 | $1,834 |
| 2020 BMW X2 | $1,079 |
| 2019 BMW X2 | $1,361 |
| 2018 BMW X2 | $1,114 |
2023 BMW X2 Insurance Rates
The average annual insurance cost for a 2023 BMW X2 is $1,834. However, Texas Farm Bureau Group offers the cheapest rates, averaging $971 per year.
| Insurance Provider | Average Annual Cost |
| Republic Indemnity | $2,379 |
| Mercury | $1,513 |
| SECURA Insurance | $2,224 |
| National General | $2,020 |
| Norfolk and Dedham Group | $2,284 |
| New Jersey Manufacturers | $1,522 |
| Penn National | $1,931 |
| Texas Farm Bureau Group | $971 |
| Country | $2,017 |
| Farm Bureau Mutual (IA Group) | $1,480 |
2022 BMW X2 Insurance Rates
The average annual insurance cost for a 2022 BMW X2 is $1,847. However, Texas Farm Bureau Group offers the cheapest rates, averaging $1,025 per year.
| Insurance Provider | Average Annual Cost |
| Texas Farm Bureau Group | $1,025 |
| State Farm | $1,658 |
| USAA | $1,981 |
| Erie | $2,576 |
| Travelers | $1,441 |
| National General | $1,915 |
| New York Central Mutual Fire | $1,536 |
| Mercury | $1,771 |
| Esurance | $2,668 |
| Nationwide | $1,901 |
2021 BMW X2 Insurance Rates
The average annual insurance cost for a 2021 BMW X2 is $1,834. However, North Carolina Farm Bureau offers the cheapest rates, averaging $1,304 per year.
| Insurance Provider | Average Annual Cost |
| Mercury Insurance Company | $1,711 |
| USAA | $1,688 |
| California Capital | $1,883 |
| Erie | $2,020 |
| State Farm | $1,962 |
| North Carolina Farm Bureau | $1,304 |
| CSAA | $1,932 |
| GMAC Insurance Group | $1,571 |
| 21st Century | $2,244 |
| Unitrin | $2,023 |
2020 BMW X2 Insurance Rates
The average annual insurance cost for a 2020 BMW X2 is $1,079. However, Safeco offers the cheapest rates, averaging $153 per year.
| Insurance Provider | Average Annual Cost |
| Plymouth Rock Assurance | $796 |
| Texas Farm Bureau Group | $1,025 |
| Safeco | $153 |
| Norfolk and Dedham Group | $1,163 |
| New Jersey Manufacturers | $1,404 |
| Mercury Insurance | $1,541 |
| Direct Auto | $1,374 |
| Kemper Auto | Infinity | $665 |
| Safety Group | $1,268 |
| National General RAD | $1,401 |
2019 BMW X2 Insurance Rates
The average annual insurance cost for a 2019 BMW X2 is $1,361. However, Safeco offers the cheapest rates, averaging $380 per year.
| Insurance Provider | Average Annual Cost |
| National Grange Mutual | $1,698 |
| Safeco | $380 |
| New Jersey Manufacturers | $1,472 |
| Southern Farm Bureau | $1,780 |
| Liberty Mutual | $1,902 |
| Texas Farm Bureau Group | $1,254 |
| Farm Bureau Mutual (IA Group) | $1,387 |
| American National P | $581 |
| Clearcover | $1,535 |
| ACCC Insurance Company | $1,624 |
2018 BMW X2 Insurance Rates
The average annual insurance cost for a 2018 BMW X2 is $1,114. However, Mercury Insurance offers the cheapest rates, averaging $576 per year.
| Insurance Provider | Average Annual Cost |
| Buckeye Insurance Group | $1,314 |
| Mercury Insurance | $576 |
| Plymouth Rock Assurance | $1,241 |
| Frankenmuth Mutual | $1,333 |
| Hastings Mutual Insurance Co | $878 |
| Pioneer State Mutual Ins Co | $1,521 |
| SECURA Insurance | $823 |
| Wolverine Mutual | $985 |
| Texas Farm Bureau Group | $945 |
| Farm Bureau Ins of MI | $1,521 |
Find Affordable BMW X2 Insurance Rates
Is A BMW X2 Expensive To Insure?
The cost to insure a BMW X2 is indeed higher than the overall average for all cars. However, the actual insurance premiums you’ll pay can vary depending on factors like your age, the model year of your car, your location, and other considerations such as your driving history.
Cost of BMW X2 Car Insurance By Age
Age is indeed a crucial factor in determining car insurance premiums. Teen drivers often face the highest rates due to their inexperience behind the wheel and higher accident rates. As drivers age and gain more experience, their insurance premiums tend to decrease because they are perceived as lower-risk drivers. This trend continues into middle age, where insurance premiums are typically more affordable. However, once drivers reach their senior years, premiums may rise again due to factors like slower reflexes or health-related concerns that could impact driving ability.
| Age | Good Driver | Recent Accident | Poor Credit |
| 17 | $8,670 | $12,749 | $14,943 |
| 18 | $8,141 | $11,908 | $13,980 |
| 19 | $7,176 | $10,576 | $12,290 |
| 20 | $6,274 | $9,191 | $10,712 |
| 21 | $5,218 | $7,746 | $9,018 |
| 22 | $5,095 | $7,510 | $8,766 |
| 23 | $4,473 | $6,583 | $7,665 |
| 24 | $4,288 | $6,263 | $7,332 |
| 25 | $3,678 | $5,410 | $6,345 |
| 30 | $2,824 | $4,239 | $4,936 |
| 35 | $2,651 | $3,936 | $4,640 |
| 40 | $2,582 | $3,806 | $4,405 |
| 45 | $2,482 | $3,669 | $4,316 |
| 55 | $2,247 | $3,402 | $3,924 |
| 65 | $2,370 | $3,468 | $4,127 |
| 75 | $2,988 | $4,408 | $5,210 |
BMW X2 Car Insurance Rates By State
You’re absolutely right. The location where you live has a significant impact on your car insurance premiums. States with higher mandatory coverage requirements, like Michigan, tend to have higher insurance rates. Extreme weather conditions, such as hurricanes or heavy snow, can also increase the likelihood of claims, which in turn raises premiums.
In addition, areas with higher crime rates, especially car thefts, or those with higher accident rates contribute to higher premiums. For example, urban areas with dense traffic and a history of accidents often face higher premiums compared to rural or suburban locations with fewer claims.
Ultimately, all these regional factors – from weather to crime statistics – are key considerations for insurance companies when determining the rates for drivers in specific areas.
| State | Good Driver | Recent Accident | Poor Credit |
| Alabama | $2,690 | $3,951 | $5,042 |
| Alaska | $2,230 | $3,119 | $3,004 |
| Arizona | $2,539 | $3,713 | $5,455 |
| Arkansas | $2,751 | $4,361 | $4,874 |
| California | $3,075 | $5,525 | $3,143 |
| Colorado | $2,874 | $4,096 | $5,179 |
| Connecticut | $3,693 | $5,764 | $7,343 |
| Delaware | $3,106 | $4,066 | $5,257 |
| Florida | $3,670 | $5,096 | $6,598 |
| Georgia | $2,989 | $4,479 | $4,446 |
| Hawaii | $1,154 | $1,629 | $1,188 |
| Idaho | $2,055 | $2,732 | $3,298 |
| Illinois | $2,126 | $3,250 | $3,745 |
| Indiana | $2,265 | $3,387 | $3,832 |
| Iowa | $1,745 | $2,438 | $2,842 |
| Kansas | $2,324 | $3,439 | $3,988 |
| Kentucky | $3,350 | $5,013 | $5,901 |
| Louisiana | $4,381 | $6,567 | $7,140 |
| Maine | $1,653 | $2,291 | $3,378 |
| Maryland | $2,657 | $3,842 | $4,288 |
| Massachusetts | $2,123 | $3,764 | $2,121 |
| Michigan | $5,164 | $7,879 | $12,392 |
| Minnesota | $2,130 | $2,808 | $3,950 |
| Mississippi | $2,576 | $3,605 | $3,687 |
| Missouri | $2,393 | $3,443 | $4,560 |
| Montana | $2,499 | $3,391 | $3,980 |
| Nebraska | $2,117 | $3,090 | $3,297 |
| Nevada | $3,436 | $5,033 | $5,409 |
| New Hampshire | $2,357 | $3,782 | $4,731 |
| New Jersey | $2,607 | $4,152 | $5,342 |
| New Mexico | $2,691 | $4,008 | $4,100 |
| New York | $2,488 | $3,091 | $5,201 |
| North Carolina | $1,497 | $2,592 | $1,870 |
| North Dakota | $2,079 | $3,208 | $3,787 |
| Ohio | $1,829 | $2,869 | $2,988 |
| Oklahoma | $3,011 | $4,327 | $4,825 |
| Oregon | $2,690 | $3,681 | $4,318 |
| Pennsylvania | $2,341 | $3,384 | $3,905 |
| Rhode Island | $3,795 | $5,604 | $6,283 |
| South Carolina | $2,567 | $3,627 | $4,982 |
| South Dakota | $2,359 | $3,402 | $3,911 |
| Tennessee | $2,793 | $4,068 | $5,412 |
| Texas | $2,746 | $3,959 | $4,999 |
| Utah | $2,374 | $3,278 | $4,564 |
| Vermont | $1,858 | $2,796 | $2,961 |
| Virginia | $1,741 | $2,661 | $2,609 |
| Washington | $2,258 | $3,032 | $3,631 |
| West Virginia | $2,245 | $3,230 | $4,065 |
| Wisconsin | $2,237 | $3,518 | $4,013 |
| Wyoming | $2,111 | $2,912 | $3,197 |
Find Affordable BMW X2 Insurance Rates
Cheapest Car Insurance Companies For A BMW X2
If you’re looking to purchase a new car insurance policy for your BMW X2, it’s essential to know which companies offer the most affordable rates. For example, National General is known to offer one of the cheapest premiums, with an average rate of $36 per month for a BMW X2. However, it’s important to keep in mind that rates can vary based on factors such as your age, location, driving history, and the specific model year of your car.
To get the best deal for your specific needs, it’s recommended that you shop around and compare quotes from different insurance providers. By doing this, you’ll be able to find the most affordable coverage that suits your profile.
| Company | Average Monthly Rate |
| MetroMile | $36 |
| Foremost | $59 |
| Workmens | $51 |
| Infinity | $63 |
| Kemper | $55 |
Common BMW X2 Insurance Discounts
Discounts can significantly reduce your car insurance costs. While each insurance provider offers their own set of discounts, there are several common ones you might be eligible for:
- Multi-policy discount: If you bundle your home and auto insurance with the same provider, you could receive a discounted rate.
- Pay annually: If you choose to pay your premium all at once rather than monthly installments, you may qualify for a discount.
- Defensive driving: By completing a defensive driving course from a certified institution, you could be eligible for lower premiums.
There may be other discounts available as well. It’s a good idea to talk to your insurance agent to find out which discounts you qualify for.
Ways To Save On BMW X2 Insurance Costs
Maintaining a clean driving record is one of the most effective ways to keep your insurance costs low for a BMW X2. Any traffic violations or accidents can increase your premiums. For example, BMW X2 drivers with a speeding ticket typically pay around $56 per month, while those with multiple accidents may pay about $98 per month.
Additionally, the number of miles you drive annually can also impact your premium. Drivers who have lower annual mileage tend to pay less, as they are on the road less often and are considered a lower risk. For example, BMW X2 drivers who cover between 5,000 and 7,500 miles annually typically pay around $92 per month, while those driving over 10,000 miles per year may pay $102 per month. Avoiding accidents and driving fewer miles can help keep your premiums down.
Compare BMW X2 To Other BMW Models
Looking for other BMW model insurance costs?
- BMW i8 Car Insurance
- BMW X1 Car Insurance
- BMW i3 Car Insurance
- BMW M5 Car Insurance
- BMW X3 Car Insurance
- BMW X5 Car Insurance
- BMW X7 Car Insurance
- BMW Z4 Car Insurance
- BMW X6 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
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Our Methodology
To calculate average car insurance costs, Insuranceopedia aggregated thousands of quotes from leading auto insurance providers. The sample profile used for this calculation was for a 40-year-old male driver purchasing full-coverage car insurance with the following coverage limits: $100,000 in property damage liability, $100,000 in bodily injury liability, and a $1,000 deductible. Keep in mind that the actual insurance rates for your situation may vary depending on individual factors such as your age, location, driving history, and specific coverage options.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
Do You Need Insurance Before You Can Purchase A BMW X2?
Yes, when purchasing a BMW X2, you will need to provide proof of insurance before driving it off the dealership lot. The best approach is to buy an auto insurance policy ahead of time and inform your insurance company that you are about to buy the car. This ensures you’re fully covered as soon as you take possession of the vehicle, without relying on dealership insurance.
How Can You Get The Cheapest Insurance For Your BMW X2?
The best way to find the cheapest rates for your BMW X2 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.
