BMW i3 Insurance Cost

Auto insurance for a BMW i3 will cost about $1,834 per year.

This beats the national average for luxury hatchback models by $60. 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. They also assume a single-car policy on a brand-new vehicle, and won't reflect any multi-car discounts.

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.

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

BMW i3 insurance rates can also differ significantly between providers for the same coverage. If you've been with your current insurance company for more than a few years, you should get new quotes to make sure you're not overpaying. Try our Competitive Quote Tool or the form below to get free quotes to lower your insurance costs. Advertising Disclosure

BMW i3 Insurance Cost by Age

Age Good Driver Recent Accident Poor Credit
17 $6,213 $9,123 $10,672
18 $5,790 $8,502 $9,946
19 $5,117 $7,513 $8,790
20 $4,461 $6,551 $7,664
21 $3,741 $5,494 $6,427
22 $3,644 $5,350 $6,259
23 $3,188 $4,682 $5,477
24 $3,029 $4,448 $5,203
25 $2,614 $3,838 $4,490
30 $2,036 $2,990 $3,498
35 $1,907 $2,800 $3,276
40 $1,834 $2,693 $3,151
45 $1,785 $2,621 $3,066
55 $1,637 $2,404 $2,812
65 $1,707 $2,507 $2,933
75 $2,155 $3,164 $3,702

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 $1,943 $2,822 $3,593
Alaska $1,607 $2,228 $2,166
Arizona $1,817 $2,627 $3,870
Arkansas $1,992 $3,130 $3,447
California $2,218 $3,923 $2,218
Colorado $2,070 $2,897 $3,676
Connecticut $2,645 $4,102 $5,207
Delaware $2,190 $2,918 $3,748
Florida $2,607 $3,607 $4,700
Georgia $2,125 $3,178 $3,204
Hawaii $849 $1,153 $849
Idaho $1,475 $1,955 $2,377
Illinois $1,544 $2,334 $2,661
Indiana $1,586 $2,425 $2,721
Iowa $1,256 $1,723 $2,026
Kansas $1,671 $2,432 $2,844
Kentucky $2,416 $3,547 $4,188
Louisiana $3,102 $4,689 $5,084
Maine $1,173 $1,621 $2,394
Maryland $1,898 $2,763 $3,068
Massachusetts $1,522 $2,655 $1,522
Michigan $3,673 $5,597 $8,829
Minnesota $1,512 $2,016 $2,839
Mississippi $1,825 $2,603 $2,620
Missouri $1,720 $2,459 $3,230
Montana $1,749 $2,440 $2,840
Nebraska $1,478 $2,186 $2,375
Nevada $2,438 $3,616 $3,820
New Hampshire $1,696 $2,682 $3,390
New Jersey $1,869 $2,932 $3,836
New Mexico $1,908 $2,838 $2,946
New York $1,768 $2,226 $3,715
North Carolina $1,096 $1,882 $1,342
North Dakota $1,499 $2,279 $2,695
Ohio $1,337 $2,062 $2,114
Oklahoma $2,135 $3,057 $3,442
Oregon $1,943 $2,607 $3,113
Pennsylvania $1,636 $2,403 $2,811
Rhode Island $2,732 $4,008 $4,513
South Carolina $1,855 $2,571 $3,549
South Dakota $1,665 $2,399 $2,768
Tennessee $1,958 $2,882 $3,838
Texas $1,972 $2,848 $3,543
Utah $1,677 $2,350 $3,234
Vermont $1,291 $1,988 $2,102
Virginia $1,216 $1,867 $1,830
Washington $1,610 $2,185 $2,609
West Virginia $1,620 $2,320 $2,906
Wisconsin $1,615 $2,521 $2,875
Wyoming $1,508 $2,111 $2,248

BMW i3 Insurance Rankings

Insurance Rankings

We've ranked over 200 models from best to worst for Insurance. See where the BMW i3 ranks for Insurance compared to other vehicles. Also check out how the i3 stacks up in our rankings for Depreciation, Maintenance, Overall Costs.

Insurance Rankings

Other BMW i3 Costs of Ownership

Finding a car or truck that saves on insurance costs is important. But, it's also imperative to view all major BMW i3 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: