BMW Insurance Cost
Across 23 current BMW models, full coverage averages about $2,247 a year by our estimate — +41% versus the average vehicle ($1,590).
BMW insurance profile
BMW is a luxury brand, so repair parts, sensors and labor tend to cost more. Its current lineup includes 11 luxury cars, 9 luxury suvs, and 3 luxury sports cars. HLDI collision losses for its models average 230 (100 = all-vehicle average).
Every BMW model ranked by insurance cost
| Model | Segment | Model years | HLDI collision | Est. full / yr | vs. avg car |
|---|---|---|---|---|---|
| Z4 | Luxury sports car | 2005–2026 | 104 | $1,320 | −17% |
| 5 Series | Luxury car | 2005–2027 | 132 | $1,490 | −6% |
| X1 | Luxury SUV | 2013–2027 | 101 | $1,560 | −2% |
| X3 | Luxury SUV | 2005–2026 | 108 | $1,565 | −2% |
| 2 Series | Luxury car | 2014–2027 | 121 | $1,630 | +3% |
| 4 Series | Luxury car | 2014–2027 | 137 | $1,670 | +5% |
| X5 | Luxury SUV | 2005–2027 | 120 | $1,690 | +6% |
| X2 | Luxury SUV | 2018–2027 | — | $1,805 | +14% |
| M5 | Luxury car | 2006–2027 | — | $1,820 | +14% |
| 3 Series | Luxury car | 2005–2026 | 144 | $1,880 | +18% |
| iX3 | Luxury SUV | 2027–2027 | — | $1,895 | +19% |
| X7 | Luxury SUV | 2019–2027 | 143 | $1,915 | +20% |
| i4 | Luxury car | 2022–2026 | 163 | $1,920 | +21% |
| i5 | Luxury car | 2024–2027 | 191 | $2,085 | +31% |
| M2 | Luxury sports car | 2016–2027 | 248 | $2,260 | +42% |
| X6 | Luxury SUV | 2008–2027 | 198 | $2,305 | +45% |
| iX | Luxury SUV | 2022–2026 | 206 | $2,310 | +45% |
| 8 Series | Luxury car | 2019–2026 | 257 | $2,610 | +64% |
| i7 | Luxury car | 2023–2027 | 341 | $2,795 | +76% |
| XM | Luxury SUV | 2023–2026 | 354 | $2,985 | +88% |
| 7 Series | Luxury car | 2005–2027 | 405 | $3,710 | +133% |
| M3 | Luxury car | 2005–2027 | 583 | $4,190 | +164% |
| M4 | Luxury sports car | 2015–2027 | 549 | $4,260 | +168% |
Older and discontinued BMW models
What makes BMW insurance cost more or less
- Luxury parts and labor: premium materials, advanced driver-assistance sensors and dealer-only repairs raise collision claim costs.
- EV batteries: 5 electric models — battery packs and high-voltage components are costly to repair or replace after a crash.
- Claims history: HLDI collision indices across 20 models range from 101 to 583, so the model you pick matters as much as the brand.
- Segment mix: 11 luxury car, 9 luxury suv, 3 luxury sports car.
Average BMW insurance cost by state
Average full-coverage estimate across current BMW models, cheapest state first.
| State | Avg. full coverage | vs. national |
|---|---|---|
| Maine | $1,496 | −33% |
| Idaho | $1,557 | −31% |
| Vermont | $1,590 | −29% |
| North Dakota | $1,594 | −29% |
| Wisconsin | $1,602 | −29% |
| Hawaii | $1,630 | −27% |
| Iowa | $1,648 | −27% |
| Indiana | $1,654 | −26% |
| Ohio | $1,667 | −26% |
| New Hampshire | $1,669 | −26% |
| North Carolina | $1,814 | −19% |
| Kentucky | $1,882 | −16% |
| Washington | $1,897 | −16% |
| South Dakota | $1,898 | −16% |
| Kansas | $1,906 | −15% |
| Nebraska | $1,912 | −15% |
| Montana | $1,913 | −15% |
| Oregon | $1,925 | −14% |
| Wyoming | $1,943 | −14% |
| Minnesota | $1,952 | −13% |
| Virginia | $1,955 | −13% |
| Tennessee | $1,964 | −13% |
| Utah | $1,965 | −13% |
| West Virginia | $1,985 | −12% |
| Illinois | $2,013 | −10% |
| Alaska | $2,017 | −10% |
| Alabama | $2,049 | −9% |
| Pennsylvania | $2,066 | −8% |
| New Mexico | $2,068 | −8% |
| Missouri | $2,101 | −6% |
| Arkansas | $2,120 | −6% |
| Oklahoma | $2,135 | −5% |
| Mississippi | $2,230 | −1% |
| Massachusetts | $2,256 | 0% |
| South Carolina | $2,297 | +2% |
| California | $2,322 | +3% |
| Connecticut | $2,332 | +4% |
| Arizona | $2,338 | +4% |
| Delaware | $2,361 | +5% |
| Nevada | $2,377 | +6% |
| Maryland | $2,496 | +11% |
| Michigan | $2,519 | +12% |
| New Jersey | $2,565 | +14% |
| Colorado | $2,594 | +15% |
| Rhode Island | $2,635 | +17% |
| Georgia | $2,641 | +18% |
| Texas | $2,748 | +22% |
| New York | $2,887 | +29% |
| District of Columbia | $2,911 | +30% |
| Florida | $2,939 | +31% |
| Louisiana | $3,079 | +37% |
Frequently asked questions
How much does it cost to insure a BMW?
Across 23 current BMW models, our full-coverage estimate averages $2,247 a year for a driver in their 30s with a clean record, 41% more than the average vehicle ($1,590).
What is the cheapest BMW to insure?
The BMW Z4 has the lowest estimate at about $1,320 a year for full coverage; the BMW M4 is the most expensive at about $4,260.
Are BMW repairs expensive for insurers?
HLDI collision-loss data for 20 BMW models averages 230 (100 = average of all vehicles), which is much worse than average. Collision losses combine how often claims happen and how much repairs cost.
Where is it cheapest to insure a BMW?
By our estimates, Maine is the cheapest state (about $1,496 a year on average across current models) and Louisiana the most expensive (about $3,079).
How we estimate this
We start from the state's average liability, collision and comprehensive premiums published by the NAIC, then apply a location factor (population density and commute time from the Census ACS, weather hazard scores from FEMA's National Risk Index), a vehicle factor (HLDI insurance-loss data where available, otherwise vehicle segment), and a driver-profile multiplier. Results are rounded ranges for comparison, not quotes. Read the full methodology.