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Online BMW X3 Insurance Rates [Rates + Coverage Guide]

Average BMW X3 car insurance rates cost $130 per month ($1,562 per year). Finding BMW X3 teenager insurance rates can cost on average $5,709 a year, so shop around to find cheap coverage.

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Eric Stauffer is a former insurance agent and banker turned consumer advocate. His priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best...

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UPDATED: Jun 18, 2020

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Key takeaways:

  • Full coverage costs around $1,562 a year or $130 each month
  • A liability-only policy costs around $627 a year or $52 each month
  • Highest rates are for teenage drivers at around $5,709 a year or $476 each month
  • Good drivers can save as much as $644 a year by earning policy discounts
  • BMW X3 insurance costs around $43 more per year than the average vehicle

BMW X3 insurance rates cost around $43 more a year than the average vehicle, but good drivers are eligible for up to $644 a year in policy discounts. Full coverage for the BMW X3 costs around $1,562 a year or $130 a month. Let’s look at BMW X3 insurance rates, safety ratings, and more.

You can start comparing quotes for BMW X3 car insurance rates from some of the best car insurance companies by using our free online tool now.

BMW X3 Insurance Cost

The average car insurance costs for a BMW X3 are $1,562 a year or $130 a month.

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Are BMW X3s Expensive to Insure?

The chart below details how BMW X3 insurance rates compare to other SUVs like the Mazda CX-9, Volkswagen Tiguan, and Nissan Pathfinder.

Vehicle Comprehensive Collision Liability Total
BMW X3 $376 $656 $372 $1,562
Mazda CX-9 $332 $542 $390 $1,422
Volkswagen Tiguan $306 $542 $332 $1,316
Nissan Pathfinder $294 $452 $390 $1,294
Cadillac Escalade $458 $780 $466 $1,904
Toyota Sequoia $332 $566 $398 $1,454
Dodge Journey $322 $532 $372 $1,384

However, there are a few things you can do to find the cheapest BMW insurance rates online.

What Impacts the Cost of BMW X3 Insurance?

The BMW X3 trim and model you choose can impact the total price you will pay for BMW X3 car insurance coverage.

Age of the Vehicle

The average BMW X3 car insurance rates are higher for newer models. For example, car insurance for a 2020 BMW X3 costs $1,562, while 2010 BMW X3 insurance costs are $1,246, a difference of $316.

Model Year Comprehensive Collision Liability Total
2020 BMW X3 $376 $656 $372 $1,562
2019 BMW X3 $358 $630 $390 $1,536
2018 BMW X3 $344 $626 $398 $1,526
2017 BMW X3 $332 $610 $416 $1,516
2016 BMW X3 $320 $586 $430 $1,494
2015 BMW X3 $304 $564 $442 $1,468
2014 BMW X3 $292 $524 $452 $1,426
2013 BMW X3 $280 $494 $456 $1,388
2012 BMW X3 $268 $442 $460 $1,328
2011 BMW X3 $250 $408 $460 $1,276
2010 BMW X3 $242 $382 $464 $1,246

Driver Age

Driver age can have a significant effect on BMW X3 car insurance rates. For example, 20-year-old drivers pay $1,910 more for their BMW X3 car insurance each year than 30-year-old drivers.

Driver Location

Where you live can have a large impact on BMW X3 insurance rates. For example, drivers in New York may pay $953 a year more than drivers in Seattle.

Your Driving Record

Your driving record can have an impact on your BMW X3 auto insurance rates. Teens and drivers in their 20’s see the highest jump in their BMW X3 car insurance with violations on their driving record.

BMW X3 Safety Ratings

Your BMW X3 car insurance rates are tied to the safety ratings of the BMW X3. See the breakdown below:

Test Type Rating
Small overlap front: driver-side Good
Small overlap front: passenger-side Good
Moderate overlap front Good
Side Good
Roof strength Good
Head restraints and seats Good
Source: Insurance Institute for Highway Safety

BMW X3 Crash Test Ratings

Not only do good BMW X3 crash test ratings mean you are better protected in a crash, but good crash ratings also mean cheaper BMW X3 auto insurance rates.

Vehicle Tested Overall Frontal Side Rollover
2020 BMW X3 SUV RWD 5 stars 5 stars 5 stars 4 stars
2020 BMW X3 SUV AWD 5 stars 5 stars 5 stars 4 stars
2020 BMW X3 M SUV AWD N/R N/R N/R N/R
2020 BMW X3 30e xDrive SUV AWD N/R N/R N/R N/R
2019 BMW X3 SUV RWD 5 stars 5 stars 5 stars 4 stars
2019 BMW X3 SUV AWD 5 stars 5 stars 5 stars 4 stars
2017 BMW X3 SUV RWD 5 stars 5 stars 5 stars 4 stars
2017 BMW X3 SUV AWD 5 stars 5 stars 5 stars 4 stars
2016 BMW X3 SUV RWD 5 stars 5 stars 5 stars 4 stars
2016 BMW X3 SUV AWD 5 stars 5 stars 5 stars 4 stars
1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration

BMW X3 Safety Features

The BMW X3 safety features can help lower insurance costs. According to US News the 2020 BMW X3 has the following safety features:

  • Driver Air Bag
  • Passenger Air Bag
  • Front Head Air Bag
  • Rear Head Air Bag
  • Front Side Air Bag
  • 4-Wheel ABS
  • 4-Wheel Disc Brakes
  • Brake Assist
  • Electronic Stability Control
  • Daytime Running Lights
  • Child Safety Locks
  • Integrated Turn Signal Mirrors
  • Traction Control
  • Blind Spot Monitor
  • Auto-Leveling Headlights
  • Lane Departure Warning
  • Lane Keeping Assist
  • Cross-Traffic Alert

BMW X3 Insurance Loss Probability

The BMW X3’s insurance loss probability varies for each form of coverage. The lower percentage means lower BMW X3 auto insurance rates; higher percentages mean higher BMW X3 car insurance rates.

Insurance Coverage Category Loss Rate
Collision 22%
Property Damage no data
Comprehensive -1%
Personal Injury no data
Medical Payment no data
Bodily Injury no data
Source: Insurance Institute for Highway Safety

BMW X3 Finance and Insurance Cost

If you are financing a BMW X3, you will pay more if you purchase BMW X3 car insurance at the dealership, so be sure to shop around and compare BMW X3 car insurance quotes from the best companies using our FREE tool below.

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Ways to Save on BMW X3 Insurance

You can save more money on your BMW X3 auto insurance rates by employing any of the following five strategies.

  • Consider Using a Tracking Device on Your BMW X3
  • Understand that Your Insurer Can Change Your BMW X3 Auto Insurance Rates Mid-Term for Other Reasons
  • Wait Six Years for Accidents to Disappear from Your Record
  • Check Reviews and State Complaints Before You Choose an Insurer
  • Move to an Area with a Lower Cost of Living

Top BMW X3 Insurance Companies

Several top car insurance companies offer competitive rates for the BMW X3 rates based on factors like discounts for safety features. Take a look at this list of top car insurance companies that are popular with BMW X3 drivers organized by market share.

Rank Company Volume Market Share
1 State Farm $65,615,190 9.3%
2 GEICO $46,106,971 6.6%
3 Progressive $39,222,879 5.6%
4 Liberty Mutual $35,600,051 5.1%
5 Allstate $35,025,903 5.0%
6 Travelers $28,016,966 4.0%
7 USAA $23,483,080 3.3%
8 Chubb $23,388,385 3.3%
9 Farmers $20,643,559 2.9%
10 Nationwide $18,442,145 2.6%
Source: Insurance Information Institute

Compare Free BMW X3 Insurance Quotes Online

To start comparing BMW X3 car insurance quotes for free, use our online car insurance comparison tool.

About Eric Stauffer

Author: Eric StaufferI am a former insurance agent and banker turned consumer advocate. My priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best place to get it.

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