BMW i3 Insurance Cost

Auto insurance for a BMW i3 will cost about $2,141 per year.

This is more than the national average for luxury hatchback models by $74. Our car insurance comparison study assumes a 40 year old good driver with full coverage and good credit that drives around 13,000 miles per year.

Auto insurance premiums vary a great deal by age, state, insurance company and mileage. Factors such as recent accidents, traffic violations, credit history also impact these rates. The following chart illustrates how some of these scenarios affect the cost of car insurance for a BMW i3. Visit our Competitive Quote Tool to see if you can find lower rates for a i3.

Good Driver and Credit
Recent At-Fault Accident
Poor Credit Rating

These BMW i3 insurance cost estimates are a result of our ongoing nationwide research and analysis, but they are only averages. We recommend that you let our trusted insurance partners do the shopping for you using our Competitive Quote Tool. While it's free to use, we do receive a small commission if you find a better deal.

BMW i3 insurance Cost

Age Good Driver Recent Accident Poor Credit
17 $7,252 $10,801 $12,768
18 $6,758 $10,066 $11,899
19 $5,972 $8,896 $10,515
20 $5,208 $7,757 $9,169
21 $4,367 $6,505 $7,689
22 $4,253 $6,335 $7,488
23 $3,721 $5,543 $6,552
24 $3,535 $5,266 $6,225
25 $3,051 $4,544 $5,372
30 $2,377 $3,540 $4,185
35 $2,226 $3,316 $3,919
40 $2,141 $3,189 $3,769
45 $2,083 $3,103 $3,668
55 $1,911 $2,846 $3,364
65 $1,993 $2,968 $3,509
75 $2,515 $3,747 $4,429

BMW i3 car insurance premiums can cost a lot more or less depending on where you live. Rates are more expensive in Michigan because they mandate much higher coverage levels. California, Hawaii and Massachusetts don't allow providers to adjust rates based on credit. These figures also do not include the potential discounts on a multi-vehicle policy. Those can provide significant savings to a household full of drivers. The table below is a breakdown of how these factors can affect BMW i3 by state.

BMW i3 Insurance Rates by State

State Good Driver Recent Accident Poor Credit
Alabama $2,268 $3,177 $3,977
Alaska $1,876 $2,733 $2,863
Arizona $2,121 $3,290 $4,692
Arkansas $2,326 $3,522 $3,941
California $2,589 $4,529 $2,589
Colorado $2,416 $3,345 $4,173
Connecticut $3,087 $4,773 $6,113
Delaware $2,556 $3,519 $4,671
Florida $3,043 $4,133 $5,388
Georgia $2,481 $3,824 $3,923
Hawaii $991 $1,368 $991
Idaho $1,722 $2,317 $2,885
Illinois $1,802 $2,664 $3,089
Indiana $1,851 $2,893 $3,376
Iowa $1,466 $2,200 $2,563
Kansas $1,951 $2,872 $3,402
Kentucky $2,820 $4,242 $4,989
Louisiana $3,620 $5,533 $5,957
Maine $1,369 $1,836 $2,679
Maryland $2,215 $3,248 $3,836
Massachusetts $1,777 $3,005 $1,777
Michigan $4,287 $6,446 $9,910
Minnesota $1,765 $2,371 $3,509
Mississippi $2,130 $3,218 $3,399
Missouri $2,007 $2,765 $3,576
Montana $2,041 $3,194 $3,522
Nebraska $1,725 $2,442 $2,778
Nevada $2,846 $4,296 $4,712
New Hampshire $1,980 $3,190 $4,063
New Jersey $2,181 $3,439 $4,436
New Mexico $2,227 $3,205 $3,599
New York $2,063 $2,687 $4,337
North Carolina $1,279 $2,065 $1,591
North Dakota $1,750 $2,694 $3,420
Ohio $1,560 $2,552 $2,644
Oklahoma $2,492 $3,741 $4,244
Oregon $2,267 $3,425 $3,929
Pennsylvania $1,910 $2,888 $3,315
Rhode Island $3,189 $4,893 $5,596
South Carolina $2,166 $3,134 $4,472
South Dakota $1,943 $2,673 $3,207
Tennessee $2,285 $3,418 $4,313
Texas $2,301 $3,387 $4,251
Utah $1,958 $2,831 $3,904
Vermont $1,507 $2,409 $2,634
Virginia $1,420 $2,138 $2,271
Washington $1,879 $2,823 $3,329
West Virginia $1,891 $2,754 $3,400
Wisconsin $1,885 $2,752 $3,342
Wyoming $1,760 $2,586 $2,891

Other Important Costs of Owning a BMW i3

Insurance is a major vehicle related expense. There are also some others to be aware of. See our cost analyses on BMW i3 depreciation, maintenance and financing. These will provide you with even more knowledge before making such an important financial decision.

Already decided on buying a BMW i3? We have millions of new and used vehicles listed. Here are some BMW models for sale in your area.

Do you have more questions on our data or methodologies? Great, we're skeptics too. Here are some common questions and answers.