BMW i3 Car Insurance Cost
Insuring a BMW i3 costs around $1,374 per year, from Mercury. However, costs depend on age, car model year, and other factors, so use our quote tables below to find out how much it might cost you.
If you’re considering purchasing a BMW i3, one of the many factors you’ll need to consider is the cost of insurance. After all, insurance is a significant part of car ownership, and it’s crucial to know what you’re getting into before you make your purchase.
Not carefully selecting a good car insurance policy can lead to unexpected and potentially high costs down the road. The last thing you want to happen is to have insufficient coverage when an accident occurs, leaving you with hefty out-of-pocket expenses. And let’s not forget about potential increases in premiums if you’re found at fault.
With over a decade of experience analyzing car insurance rates, I’ve seen just how much these costs can vary. Factors such as your age, driving record, and even where you live can significantly influence your insurance premiums.
How Much Does BMW i3 Car Insurance Cost?
On average, Mercury offers the most competitive rate at $1,374 per year for full coverage insurance on a 2021 BMW i3.
While Mercury’s rate is an excellent benchmark, it’s important to understand that the cost of car insurance can vary widely depending on numerous factors. These include your location, driving history, your car’s model year, and the specific coverage levels you choose. A clean driving record can lead to lower premiums, while a history of accidents or traffic violations can increase your costs.
Additionally, living in an urban area with high traffic may result in higher rates compared to rural areas with less traffic. The type of coverage you choose will also impact your premium – full coverage insurance, which includes comprehensive and collision coverage, will be more expensive than minimum liability coverage.
Insuranceopedia is here to help you shop around and compare quotes from different insurance companies to ensure you’re getting the best deal.
2021 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Mercury | $1,374 |
| 21st Century | $1,474 |
| Penn National | $1,589 |
| California Capital | $1,781 |
| USAA | $1,828 |
| Unitrin | $2,010 |
| Hartford | $2,058 |
| CSAA | $2,182 |
| Farmers | $2,294 |
| Nationwide | $2,403 |
2020 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Direct Auto | $1,209 |
| Texas Farm Bureau Group | $1,245 |
| Allied | $1,384 |
| Farm Bureau Mutual (IA Group) | $1,515 |
| Auto-Owners Insurance Co | $1,683 |
| Farmers | $1,785 |
| Mercury | $1,892 |
| American Family | $1,897 |
| Farmers Mutual of Nebraska | $1,931 |
| 21st Century | $2,044 |
2019 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Clearcover | $541 |
| SAFECO | $743 |
| Texas Farm Bureau Group | $844 |
| Concord Group | $892 |
| Penn National | $924 |
| Capital Insurance Group | $1,101 |
| Utica National Ins Group | $1,166 |
| Virginia Farm Bureau | $1,174 |
| MMG Insurance Company | $1,307 |
| PEMCO | $1,415 |
2018 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| National General | $659 |
| Texas Farm Bureau Group | $1,020 |
| Republic Indemnity | $1,740 |
| USAA | $1,775 |
| Chubb | $2,013 |
| 21st Century | $2,123 |
| New Jersey Manufacturers | $2,239 |
| California Capital | $2,319 |
| Mercury | $2,346 |
| Erie | $2,360 |
2017 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| SAFECO | $405 |
| PEMCO | $1,027 |
| Concord Group | $1,064 |
| Indiana Farmers Mutual Ins | $1,104 |
| Buckeye Insurance Group | $1,112 |
| Clearcover | $1,207 |
| Safety Group | $1,215 |
| SECURA Insurance | $1,247 |
| Farm Bureau Mutual (IA Group) | $1,253 |
| Western Reserve | $1,283 |
2016 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Kemper Auto Premier | $520 |
| SAFECO | $881 |
| SECURA Insurance | $915 |
| Clearcover | $928 |
| West Bend Mutual | $1,037 |
| Oregon Mutual | $1,050 |
| Virginia Farm Bureau | $1,053 |
| Capital Insurance Group | $1,071 |
| PEMCO | $1,100 |
| Utica National Ins Group | $1,169 |
2015 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| SAFECO | $344 |
| Kemper Auto | Infinity | $469 |
| Mercury Insurance Company | $1,104 |
| Ameriprise Group | $1,233 |
| Safety Group | $1,230 |
| Infinity Special | $1,341 |
| Mercury Insurance | $1,360 |
| Arbella Insurance Group | $1,441 |
| Farm Bureau Mutual (IA Group) | $1,494 |
| SafeAuto | $1,519 |
2014 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| SafeAuto | $324 |
| SAFECO | $413 |
| Kemper Auto Premier | $468 |
| American National P | $702 |
| New Jersey Manufacturers | $962 |
| PEMCO | $1,035 |
| Farm Bureau Mutual (IA Group) | $1,192 |
| Ameriprise Group | $1,235 |
| SECURA Insurance | $1,232 |
| Oregon Mutual | $1,280 |
2013 BMW i3 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Unitrin | $2,715 |
| Mercury Insurance Company | $3,516 |
| Infinity Special | $8,787 |
| Dairyland Auto | $10,486 |
Cost of BMW i3 Car Insurance By Age
| Age | Good Driver | Recent Accident | Poor Credit |
| 17 | $7,416 | $10,843 | $12,700 |
| 18 | $6,910 | $10,104 | $11,857 |
| 19 | $6,096 | $8,961 | $10,462 |
| 20 | $5,323 | $7,804 | $9,134 |
| 21 | $4,474 | $6,550 | $7,657 |
| 22 | $4,346 | $6,377 | $7,456 |
| 23 | $3,782 | $5,577 | $6,515 |
| 24 | $3,610 | $5,313 | $6,187 |
| 25 | $3,130 | $4,574 | $5,362 |
| 30 | $2,427 | $3,575 | $4,156 |
| 35 | $2,291 | $3,341 | $3,921 |
| 40 | $2,197 | $3,188 | $3,772 |
| 45 | $2,144 | $3,133 | $3,665 |
| 55 | $1,969 | $2,855 | $3,343 |
| 65 | $2,029 | $2,966 | $3,474 |
| 75 | $2,554 | $3,754 | $4,423 |
BMW i3 Car Insurance Rates By State
| State | Good Driver | Recent Accident | Poor Credit |
| Alabama | $2,327 | $3,377 | $4,293 |
| Alaska | $1,928 | $2,647 | $2,596 |
| Arizona | $2,153 | $3,141 | $4,597 |
| Arkansas | $2,383 | $3,711 | $4,102 |
| California | $2,622 | $4,652 | $2,633 |
| Colorado | $2,462 | $3,437 | $4,379 |
| Connecticut | $3,149 | $4,887 | $6,195 |
| Delaware | $2,618 | $3,462 | $4,477 |
| Florida | $3,099 | $4,293 | $5,596 |
| Hawaii | $992 | $1,377 | $994 |
| Idaho | $1,774 | $2,346 | $2,828 |
| Illinois | $1,839 | $2,799 | $3,150 |
| Indiana | $1,878 | $2,900 | $3,239 |
| Iowa | $1,492 | $2,035 | $2,403 |
| Kansas | $2,000 | $2,893 | $3,399 |
| Kentucky | $2,873 | $4,218 | $4,985 |
| Louisiana | $3,691 | $5,571 | $6,033 |
| Maine | $1,378 | $1,939 | $2,854 |
| Maryland | $2,257 | $3,303 | $3,663 |
| Massachusetts | $1,830 | $3,147 | $1,796 |
| Michigan | $4,375 | $6,656 | $10,518 |
| Minnesota | $1,793 | $2,404 | $3,368 |
| Mississippi | $2,171 | $3,101 | $3,138 |
| Missouri | $2,049 | $2,929 | $3,859 |
| Montana | $2,062 | $2,922 | $3,371 |
| Nebraska | $1,761 | $2,589 | $2,834 |
| Nevada | $2,924 | $4,294 | $4,539 |
| New Hampshire | $2,013 | $3,195 | $4,046 |
| New Jersey | $2,222 | $3,506 | $4,585 |
| New Mexico | $2,285 | $3,376 | $3,490 |
| New York | $2,090 | $2,653 | $4,434 |
| North Carolina | $1,317 | $2,238 | $1,581 |
| North Dakota | $1,785 | $2,693 | $3,197 |
| Ohio | $1,584 | $2,475 | $2,512 |
| Oklahoma | $2,542 | $3,620 | $4,088 |
| Oregon | $2,318 | $3,088 | $3,710 |
| Pennsylvania | $1,951 | $2,868 | $3,353 |
| Rhode Island | $3,274 | $4,789 | $5,362 |
| South Carolina | $2,228 | $3,044 | $4,216 |
| South Dakota | $1,983 | $2,850 | $3,277 |
| Tennessee | $2,323 | $3,444 | $4,550 |
| Texas | $2,348 | $3,381 | $4,230 |
| Utah | $1,991 | $2,790 | $3,860 |
| Vermont | $1,533 | $2,348 | $2,493 |
| Virginia | $1,439 | $2,217 | $2,160 |
| Washington | $1,910 | $2,584 | $3,126 |
| West Virginia | $1,935 | $2,742 | $3,452 |
| Wisconsin | $1,910 | $3,010 | $3,440 |
| Wyoming | $1,785 | $2,499 | $2,662 |
| Georgia | $2,523 | $3,772 | $3,817 |
Compare BMW i3 To Other BMW Models
- BMW i8 Car Insurance
- BMW X1 Car Insurance
- BMW M5 Car Insurance
- BMW X3 Car Insurance
- BMW X5 Car Insurance
- BMW X7 Car Insurance
- BMW Z4 Car Insurance
- BMW X6 Car Insurance
- BMW X2 Car Insurance
- BMW228xi Car Insurance
- BMW 230i Car Insurance
- BMW230xi Car Insurance
- BMW 330i Car Insurance
- BMW 330xi Car Insurance
- BMW 430i Car Insurance
- BMW 430xi Car Insurance
- BMW 440xi Car Insurance
- BMW 530e Car Insurance
- BMW 530xe Car Insurance
- BMW 540 Car Insurance
- BMW 540xd Car Insurance
- BMW 640 Car Insurance
- BMW 650 Car Insurance
- BMW 7 Series 740 Car Insurance
- BMW 7 Series 745xe Car Insurance
- BMW 7 Series 750 Car Insurance
- BMW 8 Series 840i Car Insurance
- BMW 8 Series 840xi Car Insurance
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FAQs
Who has the cheapest car insurance for a BMW i3?
Mercury has the cheapest car insurance for the BMW i3 for the model year 2021.
Which company offers the best car insurance for a BMW i3?
Based on a combination of having the lowest rates, comprehensive coverage, and top-rated customer service, we believe Mercurys offers the best car insurance for a BMW i3.
