BMW i3 Insurance Cost

Auto insurance for a BMW i3 will cost about $1,756 per year.

This beats the national average for luxury hatchback models by $31. 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 $5,946 $8,731 $10,215
18 $5,541 $8,137 $9,519
19 $4,897 $7,191 $8,413
20 $4,270 $6,270 $7,335
21 $3,581 $5,258 $6,151
22 $3,487 $5,121 $5,991
23 $3,052 $4,481 $5,242
24 $2,899 $4,257 $4,980
25 $2,502 $3,674 $4,298
30 $1,949 $2,862 $3,348
35 $1,825 $2,680 $3,136
40 $1,756 $2,578 $3,016
45 $1,708 $2,508 $2,934
55 $1,567 $2,300 $2,691
65 $1,634 $2,400 $2,807
75 $2,063 $3,029 $3,543

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 $1,860 $2,701 $3,439
Alaska $1,538 $2,133 $2,073
Arizona $1,739 $2,514 $3,704
Arkansas $1,907 $2,996 $3,299
California $2,123 $3,755 $2,123
Colorado $1,981 $2,773 $3,518
Connecticut $2,531 $3,926 $4,983
Delaware $2,096 $2,793 $3,587
Florida $2,495 $3,452 $4,498
Georgia $2,034 $3,042 $3,067
Hawaii $813 $1,103 $813
Idaho $1,412 $1,871 $2,275
Illinois $1,478 $2,234 $2,547
Indiana $1,518 $2,321 $2,604
Iowa $1,202 $1,649 $1,939
Kansas $1,600 $2,328 $2,722
Kentucky $2,313 $3,395 $4,009
Louisiana $2,969 $4,488 $4,866
Maine $1,123 $1,552 $2,291
Maryland $1,817 $2,644 $2,937
Massachusetts $1,457 $2,541 $1,457
Michigan $3,516 $5,357 $8,450
Minnesota $1,447 $1,930 $2,717
Mississippi $1,747 $2,492 $2,508
Missouri $1,646 $2,353 $3,092
Montana $1,674 $2,335 $2,718
Nebraska $1,415 $2,092 $2,273
Nevada $2,333 $3,461 $3,656
New Hampshire $1,623 $2,567 $3,245
New Jersey $1,788 $2,806 $3,672
New Mexico $1,826 $2,717 $2,820
New York $1,692 $2,130 $3,556
North Carolina $1,049 $1,802 $1,285
North Dakota $1,435 $2,181 $2,579
Ohio $1,280 $1,974 $2,024
Oklahoma $2,043 $2,926 $3,294
Oregon $1,859 $2,495 $2,980
Pennsylvania $1,566 $2,300 $2,690
Rhode Island $2,615 $3,836 $4,319
South Carolina $1,776 $2,461 $3,397
South Dakota $1,593 $2,296 $2,649
Tennessee $1,874 $2,758 $3,673
Texas $1,887 $2,726 $3,391
Utah $1,605 $2,249 $3,095
Vermont $1,236 $1,903 $2,011
Virginia $1,164 $1,787 $1,752
Washington $1,541 $2,091 $2,497
West Virginia $1,551 $2,220 $2,782
Wisconsin $1,546 $2,413 $2,752
Wyoming $1,443 $2,020 $2,151

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: