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BMW X3 insurance rates

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Average BMW X3 insurance rates

The BMW X3 is a compact luxury crossover SUV that’s been in production since 2003. Starting at just over $40,000, it’s one of the more affordable models in BMW’s lineup of Sports Activity Vehicles. With that being said, it comes equipped with all of the bells and whistles you’d expect from BMW, many of which could help you save on auto insurance.

On average, auto insurance for the BMW X3 costs roughly $180 a month — or $2,160 a year. While this estimate is nearly $1,000 higher than the national average, your actual rates may vary since the cost of auto insurance is influenced by a number of factors. For example, the average cost in Arizona is $1,222 compared to $2,201 in Georgia. This discrepancy highlights why its so important to get quotes from multiple providers.

Companies that offer coverage for BMW X3

Geico. Geico aims to streamline the process of getting coverage and claims to be able to save you 15% or more in the process. It’s the second largest auto insurance provider in the country, with a selection of policies that may be suited for your BMW X3.

State Farm. With over 45 million insured drivers, State Farm is the largest insurance provider in the country. It sells coverage online, by phone, and in person through a network of over 18,000 independent agents across the country.

Liberty Mutual. Established over 100 years ago, Liberty Mutual has grown to become one of the most widely recognized providers in the US. It’s home to a wide range of coverage options for almost any situation, along with great perks like free roadside assistance.

Compare insurance providers that cover BMW X3

Name Product Roadside assistance New car protection Available states
Allstate
Included free
Yes, cars under 2 years old
All 50 states
Enjoy having your own dedicated agent to help you get the best discounts and coverage.
Liberty Mutual
Included free
Yes, cars under 1 year old & 15,000 miles
All 50 states
Car insurance through Liberty Mutual will give coverage options for almost any situation.
Root
Included free
No
AZ, AR, DE, IL, IN, IA, KY, LA, MD, MI, MS, MT, NM, ND, OH, OK, OR, PA, TX, UT
Root offers simple, affordable insurance that’s ideal for good drivers. Try the Root app for 2 weeks and see how much you could save. Available in 20 states.
Esurance
Optional
Yes, cars under 1 year old & 15,000 miles
All states except AK, DE, HI, MT, NH, VT, WY
Esurance offers a modern online and mobile experience that helps you take your insurance on the go. Available in 42 states.
Metromile
Optional
Yes, cars under 1 year old & 15,000 miles
CA, IL, NJ, OR, PA, VA, WA
Drive less than 30 miles a day? Save on the coverage you need with pay-per-mile insurance from Metromile. Get a low monthly rate then pay just a few cents per mile. Available in CA, IL, NJ, OR, PA, VA and WA.
USAA
Included free
No
All 50 states
USAA offers affordable car insurance with highly rated customer service to millions of military members and their families. Only available to military members, veterans and affiliated military members.

Compare up to 4 providers

How to compare insurance for the BMW X3

Shopping for auto insurance can be overwhelming. Many insurers use similar terminology, even though policies and coverage can vary drastically depending on your choice of provider. However, coverage is mandatory in almost every state, meaning you won’t be able to avoid it. That being said, finding the right policy is much easier when you know what to look for. Here are a few characteristics to consider when shopping around.

  • Price. It’s important to use the same information when getting quotes from providers. This will help you compare similar options to find out which provider has the best price.
  • Deductible. Your deductible amount can influence the cost of your monthly premiums. Policies with higher deductibles usually have lower premiums, whereas those with lower deductibles will cost more.
  • Minimum coverage. Outside of New Hampshire and Virginia, almost every state has mandatory coverage requirements. Before purchasing a policy, ensure your state’s minimums are met.
  • Additional coverage. Additional coverage can help protect against things that are not included in your standard policy. Be sure to include any additional coverage options when getting quotes to get a more accurate estimate.
  • Extras. Extras like accident forgiveness and vanishing deductible may be available through your provider. Find out what your policy includes and what features you’ll need to pay extra for.
  • Restrictions. Policy restrictions can limit coverage and lead to denied claims if you’re not aware of them. Ask your provider if any apply to you or your vehicle.
  • Manufacturer offer or loyalty discount. Ask your dealership if you’re eligible for any manufacturer offers or loyalty discounts with certain providers.
  • Warranty. Find out what’s covered by your manufacturer or extended warranty to avoid paying for overlapping coverage.

What factors affect car insurance rates for BMW X3?

Insurance providers consider your chances of filing claims and the cost of paying them out when calculating your premiums. While your driving history and location can affect your risk, the vehicle you drive often plays a much larger role. This is because vehicle performance, safety features, repair costs and other factors can all vary depending on your make, model and build options. Here’s how the X3 measures up:

  • Body type. The X3 is a crossover SUV that is best suited for daily driving, road trips, and other low-risk driving activities. This could make it cheaper to insure.
  • Type of car. Like most other BMWs, the X3 is a luxury vehicle, which could increase the cost of insurance.
  • Theft. SUVs are stolen far less than sedans and pickup trucks. The lower risk of theft could bring down the cost of coverage.
  • Repairs. While the X3 has a reasonable $40,000 price tag, parts and service could still be expensive. This could make for higher premiums.
  • Safety ratings. The X3 was awarded the 2018 IIHS top safety pick and has great crash test results. Both of these factors could make coverage more affordable.
  • Fuel type. The X3 has a gas engine, which generally costs less to insure compared to diesel or electric engines.
  • Trim & packages. Adding features that improve visibility or safety can help reduce your premiums, whereas features that increase its power or price could have the opposite effect.

BMW X3 car insurance rates

Model Monthly insurance rate Base car price
2 Series $238.00 $33,150
3 Series $178.00 $33,450
4 Series $238.00 $41,950
5 Series $169.00 $51,200
6 Series $160.00 $77,600
7 Series $167.00 $81,500
i3 $181.00 $46,250
i8 $161.00 $143,400
M2 $238.00 $52,500
M3 $167.00 $64,000
M4 $159.00 $66,200
M6 $161.00 $113,700
X1 $179.00 $33,750
X3 $180.00 $40,050
X4 $238.00 $45,550
X5 $178.00 $56,600
X6 $173.00 $62,500

BMW X3 money-saving safety features

You could save money on car insurance for your BMW X3 if it comes equipped with these safety features.

  • Airbags
  • Anti-lock brakes
  • Anti-theft device
  • Parking sensors
  • Surround view camera system
  • Daytime running lights
  • Electronic stability control
  • Seatbelt pretensioners
  • Rear backup sensors
  • Lane-departure warning systems
  • Adaptive cruise control

Does the BMW X3 qualify for auto insurance discounts?

Your vehicle may be eligible for various auto insurance discounts depending on which provider you choose. However, the exact discounts you receive may vary depending on location, provider, options, and other factors. Here are a few that should apply to the BMW X3:

  • New car discount
  • Anti-lock brake discount
  • Anti-theft discount
  • Passive restraint discount (Airbags, motorized seat belts, etc.)
  • Emergency roadside assistance discount

BMW X3 reliability & safety ratings

The BMW X3 received the 2018 IIHS top safety pick, indicating that it is one of the safest vehicles in its class. It also has great safety ratings and a number of safety features that could help to reduce the cost of insurance.

According to U.S. News and J.D. Power, the 2018 BMW X3 holds a 3.5/5 star reliability rating, which is better than most vehicles in its class. With that said, parts and repairs could be expensive, so you may want to ask about the extended warranty.

BMW X3 maintenance

The X3 is a luxury vehicle that’s designed to provide an enjoyable driving experience anywhere you take it. It can handle all sorts of terrain and driving conditions without needing much maintenance or upkeep. However, a routine service schedule can ensure that all parts and features function properly so that you can spend more time on the road. Here’s what to expect in terms of maintenance and upkeep for the X3.

  • BMW suggests an oil change every 10,000 miles or 12 months. Depending on how you drive your vehicle, you may want to consider having it changed more often.
  • Oil changes should cost between $100 to $200, but your cost may vary.
  • Newer BMW models come equipped with a Condition Based Servicing system and a Service Interval Indicator. Both of these systems will monitor your vehicle and let you know when parts need replacing and when the vehicle should be brought in for service. However, here is BMWs standard maintenance schedule:

Is an extended warranty worth it for the BMW X3?

The X3 is backed by BMW’s standard four-year/50-000 mile warranty. This covers issues due to defective parts and service, along with free roadside assistance and a separate corrosion warranty.

The X3 is slightly above average in terms of reliability, but parts and service can be expensive if it happens to break down. While the standard warranty is great, the extended warranty can provide peace of mind after it expires. It’s available in multiple terms and includes service from certified BMW technicians, OEM part replacements, mechanical breakdown towing and more.

Additionally, eligible X3 vehicles come with BMW Ultimate Care, which is a three-year/36,000-mile complimentary maintenance plan. There are other extended maintenance plans available for an extra fee.

About the BMW X3

BMW X3 Insurance FinderThe BMW X3 has been around since 2004 and is a compact luxury SUV. The 2018 model will feature plug-in hybrid technology. The latest model was awarded 5-Star Overall Rating from the National Highway Safety Administration for safety.

Insurance companies determine the insurance cost for a BMW X3 based on safety ratings, theft rates, replacement costs and overall damage susceptibility. Insurance rates can change based on a driver’s history and location. BMW shoppers should grab quotes from several insurance companies to find the lowest premium possible before they commit. BMW X3 shoppers should also do their research and see if they qualify for insurance discounts with each insurance company.

BMW Facts

  • BMW was founded in 1917 and entered the aircraft manufacturing market. They started manufacturing cars in 1928.
  • BMW prices start at $34,000 and can go up to $154,000.
  • The 3 Series line is the best selling BMW model.
  • The BMW X3 was the most likely to get stolen, based on a ranking by the National Highway Traffic Safety Administration for 2011.
  • After World War II, BMW switched to producing pots, pans and bicycles until 1948, when they restarted motorcycle production.

BMW X3 car insurance rates

A 2017 BMW X3 starts at a base price of $40,050. With the average insurance rate at $2,160 per year, the annual insurance cost–to–base car price ratio is 6.5%.

BMW car insurance rates by model

Model Monthly insurance rate Base car price
2 Series $238 $33,150
3 Series $178 $33,450
4 Series $238 $41,950
5 Series $169 $51,200
6 Series $160 $77,600
7 Series $167 $81,500
i3 $181 $46,250
i8 $161 $143,400
M2 $238 $52,500
M3 $167 $64,000
M4 $159 $66,200
M6 $161 $113,700
X1 $179 $33,750
X3 $180 $40,050
X4 $238 $45,550
X5 $178 $56,600
X6 $173 $62,500

Compare BMW competitors

Explore other BMW models or find other manufacturers that offer vehicles similar to the X3.

Compare all car makes & models

Bottom line

The BMW X3 is luxury crossover SUV that comes equipped with a number of great features you’d expect to find on a much higher end BMW. While it’s more reliable and safer than many other vehicles in its class, parts and service could still be expensive, which could affect the cost of coverage. However, its impressive crash test ratings and safety features could help you get discounts, but you should compare your options to find a policy and provider that’s right for you.

Frequently asked questions about the BMW X3

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