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BMW i3 insurance rates

Average BMW i3 insurance cost: $199. At this price, look for more perks to protect this electric.

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We pulled car insurance quotes from top insurance companies to find that the average monthly cost to insure a BMW i3 is $198.69 — or about $2,385 annually. However, your actual costs depend on your driving history, vehicle model and year, ZIP plus other factors. And some older models may cost more to insure than others depending on which safety features your vehicle has and which insurer you choose.

Model YearProgressiveGeicoState FarmFarmersAverage
2014 BMW i3149.58$123.54183.17$168.22$156.13
2016 BMW i3$169.25$133.46$214.30$183.82$175.21
2021 BMW i3$177.25$148.01$258.66$210.83$198.69

How we got these rates

Our rates are based on a single 30-year-old driver with a clean driving history living in California. California is one of seven states that doesn’t use gender to determine car insurance costs. We chose full coverage car insurance with liability limits that exceed the California state minimum requirements, which include:

  • Bodily injury liability per person: $50,000
  • Bodily injury liability per accident: $100,000
  • Property damage liability: $50,000
  • Comprehensive deductible: $500
  • Collision deductible: $500
  • Medical payments: $5,000
  • Uninsured motorist bodily injury: $50,000/$100,000

Your rates may be different based on details such as your age, location, job type, annual mileage and more.

Name Product Gap insurance Homeowner discount Telematics Has an app? Available states
AARP Auto Insurance Program from The Hartford
Yes
Yes
TrueLane®
No
All 50 states
Enjoy low rates for mature drivers, plus perks like new car replacement and lifetime repair guarantees. Only for drivers over age 50.
The Zebra
Yes
Yes
Yes
Yes
All 50 states
Progressive
loan/lease coverage
Yes
Snapshot
Yes
All 50 states & DC
Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
Pretected
Yes
Depends on provider
No
No
All 50 states
Get your most compatible insurance options via a "smart matching" method aimed at finding you value.
USAA
No
Yes
SafePilot
Yes
All 50 states & DC
Affordable car insurance with highly rated customer service. Only available to military members and veterans and their family.
Branch
Yes
No
Yes
Yes
AZ, CO, IL, IN, MD, MO, OH, OK, TX and WI
Benefit from this online-based startup’s steep savings and convenient online quotes and claims.
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Compare the i3’s insurance factors to similar cars

The BMW i3’s insurance rate drops close to some non-luxury models, so you’ll enjoy lower ownership costs for all-electric car. The i3’s entry-level luxury price and nonexistent theft rate probably keep those rates low.

Models similar to BMW i3Monthly insurance costCar valueSafety rating by NHTSA
BMW i3$198.69$45,445Not rated
Audi e-tron$66,9955-star
Ford Mustang Mach-e$43,995Not rated
Tesla Model X$317.07$91,1905-star

We found 2021 car values from Car and Driver’s car model reviews. We also found safety ratings from the National Highway Traffic Safety Administration (NHTSA). However, the NHTSA doesn’t rate every model available.

BMW i3 Series money-saving safety features

You could save money on car insurance for your BMW i3 Series if it comes equipped with these safety features.

  • Airbags
  • Antilock brakes
  • Antitheft device
  • Electronic stability control
  • Seatbelt pretensioners
  • Lane-departure warning systems
  • Adaptive cruise control
  • Daytime running lights

About the BMW i3

The BMW i3 has been around since 2014 and is the company’s first mass produced car with zero emissions. The latest model has a 114 mile range on a full electric charge. In late 2016, the BMW i3 was ranked the world’s third best selling all-electric car of all time.

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