BMW 230xi Car Insurance Cost

Securing insurance for a BMW 230xi typically costs approximately $995 annually with the Virginia Farm Bureau. However, the final price may vary depending on factors such as your age, the car’s model year, and other relevant factors. 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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If you’re considering purchasing a BMW 230xi, it’s crucial to factor in the cost of insurance. Insurance plays a significant role in car ownership, and it’s essential to grasp the financial commitment before making a decision.

Selecting the right car insurance is vital to prevent unexpected and potentially costly surprises down the road. It’s crucial to have adequate coverage in case of an accident to avoid significant out-of-pocket expenses. Additionally, being responsible for an accident could lead to higher premiums.

With over a decade of experience studying car insurance rates, I’ve observed the considerable variation in these costs. Your age, driving history, and location are all significant factors that can influence your insurance premiums.

How Much Does BMW 230xi Car Insurance Cost?

Usually, Virginia Farm Bureau offers the most competitive option, with an annual cost of approximately $995 for comprehensive insurance on a 2022 BMW 230xi.

While Virginia Farm Bureau’s rate provides a helpful benchmark, 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.

2022 BMW 230xi Insurance Rates

Insurance Provider Average Annual Cost
Virginia Farm Bureau $995
American National P $1,136
Utica National Ins Group $1,446
North Carolina Farm Bureau $1,475
Titan $1,673
GMAC Insurance Group $1,726
New York Central Mutual Fire $1,780
Penn National $1,873
Erie $2,107
USAA $2,176

2021 BMW 230xi Insurance Rates

Insurance Provider Average Annual Cost
Virginia Farm Bureau $881
Clearcover $1,268
Direct Auto $1,596
Farm Bureau Mutual (IA Group) $1,873
Unigard $2,042
Grange $2,248
21st Century $2,316
Auto-Owners Insurance Co $2,391
USAA $2,419
Country $2,454

2020 BMW 230xi Insurance Rates

Insurance Provider Average Annual Cost
Virginia Farm Bureau $1,121
Indiana Farmers Mutual Ins $1,369
United Farm Bureau of IN Group $1,653
Direct Auto $1,824
Capital Insurance Group $1,803
Kemper Auto Premier $1,895
Colorado Farm Bureau Mutual $1,915
Georgia Farm Bureau $2,074
Country $2,326
Auto-Owners Insurance Co $2,376

2019 BMW 230xi Insurance Rates

Insurance Provider Average Annual Cost
Western Reserve $1,051
Virginia Farm Bureau $1,192
Norfolk and Dedham Group $1,193
Titan $1,227
North Carolina Farm Bureau $1,233
Safety Group $1,262
Buckeye Insurance Group $1,283
Indiana Farmers Mutual Ins $1,307
Quincy Mutual $1,398
United Farm Bureau of IN Group $1,457

2018 BMW 230xi Insurance Rates

Insurance Provider Average Annual Cost
Titan $1,386
North Carolina Farm Bureau $1,456
New Jersey Manufacturers $1,478
Direct Auto $1,538
Utica National Ins Group $1,813
National Grange Mutual $1,921
GMAC Insurance Group $1,925
Pekin Insurance $1,927
Indiana Farmers Mutual Ins $1,990
Penn National $2,176

2017 BMW 230xi Insurance Rates

Insurance Provider Average Annual Cost
Safeco $658
Pekin Insurance $745
Titan $886
North Carolina Farm Bureau $1,130
SECURA Insurance $1,205
Jupiter Auto Insurance $1,322
New Jersey Manufacturers $1,355
Rockford Mutual Insurance $1,451
Atlantic States Insurance $1,447
GMAC Insurance Group $1,489

2015 BMW 230xi Insurance Rates

Insurance Provider Average Annual Cost
Unitrin $3,524
Dairyland Auto $29,861

FAQs

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

In 2022, the Virginia Farm Bureau will provide the most budget-friendly car insurance rates for the BMW 230xi.

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

Taking into account their competitive rates, comprehensive coverage, and outstanding customer service ratings, we believe Virginia Farm Bureau offers the best car insurance choice for a BMW 230xi.

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