BMW 230i Car Insurance Cost

Securing insurance for a BMW 230i usually costs around $2317 annually with USAA. Yet, the final price may differ depending on factors such as your age, the car’s model year, and other relevant considerations. You can utilize the quote tables below to obtain a personalized estimate of your potential insurance expenses.

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Updated: 19 May 2024
Written by
Bob Phillips
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When contemplating the purchase of a BMW 230i, it’s vital to consider the cost of insurance. Insurance plays a significant role in car ownership, and it’s crucial to comprehend the financial commitment beforehand.

Selecting the appropriate car insurance is essential to prevent unexpected and potentially costly surprises in the future. Having adequate coverage in the event of an accident is important to avoid substantial out-of-pocket expenses. Additionally, being found at fault in an accident could lead to increased premiums.

Based on more than a decade of experience analyzing car insurance rates, I’ve observed significant variations in these costs. Your age, driving history, and location are all significant factors that can influence your insurance premiums.

 

How Much Does BMW 230i Car Insurance Cost?

Usually, USAA offers the most favorable option, with an annual cost of approximately $2317 for comprehensive insurance on a 2024 BMW 230i.

While USAA’s rate provides a helpful starting point, it’s important to understand that car insurance costs can vary significantly due to several factors. These factors include your location, driving history, car age, and the specific coverage options you choose. Maintaining a clean driving record often results in lower premiums, while a history of accidents or traffic violations can increase rates.

Additionally, living in a busy urban area typically leads to higher insurance rates compared to quieter rural areas. The type of coverage you select also impacts your premium – comprehensive coverage, which includes both comprehensive and collision coverage, will be more expensive than basic liability coverage.

At Insuranceopedia, we’re here to help you compare quotes from different insurance providers to ensure you find the most favorable deal.

2024 BMW 230i Insurance Rates

Insurance Provider Average Annual Cost
USAA $2,317
Grange $3,141
Unitrin $3,160
State Farm $3,357
Farmers $3,441
21st Century $3,432
California Capital $3,474
Hartford $3,669
Nationwide $3,916
Metropolitan $3,981

2023 BMW 230i Insurance Rates

Insurance Provider Average Annual Cost
California Capital $1,412
Mercury $1,593
Metropolitan $1,687
21st Century $1,772
USAA $2,015
Grange $2,139
Travelers $2,199
Farmers $2,195
State Farm $2,295
Hartford $2,325

2022 BMW 230i Insurance Rates

Insurance Provider Average Annual Cost
Kemper Auto | Infinity $599
Hastings Mutual Insurance Co $671
Buckeye Insurance Group $789
Victoria $1,018
Western Reserve $1,317
Grange Mutual $1,312
North Carolina Farm Bureau $1,388
Utica National Ins Group $1,410
Oregon Mutual $1,401
Mississippi Farm Bureau $1,423

2021 BMW 230i Insurance Rates

Insurance Provider Average Annual Cost
American National P $776
Western Reserve $1,242
Farm Bureau Mutual (IA Group) $1,346
Texas Farm Bureau Group $1,516
New Jersey Manufacturers $1,538
Donegal Mutual Insurance Co $1,528
Direct Auto $1,577
Pekin Insurance $1,640
Hastings Mutual Insurance Co $1,695
Titan $1,729

2020 BMW 230i Insurance Rates

Insurance Provider Average Annual Cost
Direct Auto $916
Virginia Farm Bureau $1,005
New York Central Mutual Fire $1,076
ALFA $1,107
Tennessee Farmers $1,189
Titan $1,259
IMT Insurance Company $1,275
Pekin Insurance $1,397
North Carolina Farm Bureau $1,422
Utica National Ins Group $1,499

2019 BMW 230i Insurance Rates

Insurance Provider Average Annual Cost
Buckeye Insurance Group $787
American National P $1,086
Direct Auto $1,234
Ohio Mutual Ins Group $1,281
Western Reserve $1,293
Texas Farm Bureau Group $1,288
Utica National Ins Group $1,461
Kentucky Farm Bureau $1,564
Safety Group $1,594
Tennessee Farmers $1,615

2018 BMW 230i Insurance Rates

Insurance Provider Average Annual Cost
American National P $381
Safeco $433
Buckeye Insurance Group $948
Virginia Farm Bureau $1,075
Direct Auto $1,283
Titan $1,334
Texas Farm Bureau Group $1,411
Western Reserve $1,461
Utica National Ins Group $1,459
North Carolina Farm Bureau $1,456

2017 BMW 230i Insurance Rates

Insurance Provider Average Annual Cost
American National P $554
SAFECO $821
Buckeye Insurance Group $918
Utica National Ins Group $1,100
Mutual Of Enumclaw $1,239
Norfolk and Dedham Group $1,262
Safety Group $1,277
North Carolina Farm Bureau $1,290
Quincy Mutual $1,323
SECURA Insurance $1,436

FAQs

Who has the cheapest car insurance for a BMW 230i?

In 2024, USAA will provide the cheapest car insurance rates for the BMW 230i.

Which company offers the best car insurance for a BMW 230i?

Taking into account their competitive rates, extensive coverage, and outstanding customer service ratings, we believe USAA offers the top car insurance choice for a BMW 230i.

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