BMW X2 Car Insurance Cost

Covering a BMW X2 typically requires an annual payment of about $938 through the Texas Farm Bureau Group. However, the actual expenses can vary based on factors such as age, car model year, and other relevant considerations. Utilize the quote tables provided below to estimate the potential cost tailored to your circumstances.

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Updated: 02 April 2024
Written by
Bob Phillips
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If you’re thinking about buying a BMW X2, it’s important to factor in the cost of insurance. Insurance plays a big role in owning a car, so it’s essential to understand what you’re signing up for before making a decision.

Choosing the right car insurance is crucial to avoid unexpected and potentially high expenses later on. You don’t want to be caught without adequate coverage in the event of an accident, which could leave you facing substantial out-of-pocket costs. Plus, there’s the possibility of premium increases if you’re deemed responsible for an accident.

With over ten years of experience studying car insurance rates, I’ve observed how much these costs can vary. Factors like your age, driving history, and where you reside can significantly impact your insurance premiums.

How Much Does BMW X2 Car Insurance Cost?

Typically, Texas Farm Bureau Group provides the best deal, with an average yearly cost of $938 for full coverage insurance on a 2023 BMW X2.

While the rate offered by Texas Farm Bureau Group serves as a good reference point, it’s essential to recognize that car insurance expenses can vary significantly based on several factors. These factors encompass your location, driving history, the age of your car, and the specific coverage options you select. Having a clean driving record typically results in lower premiums, whereas a history of accidents or traffic violations can raise your insurance costs.

Furthermore, residing in a busy urban area may lead to higher rates compared to living in quieter rural areas. The type of coverage you opt for also influences your premium; comprehensive coverage, which includes both comprehensive and collision coverage, tends to be more expensive than basic liability coverage.

Insuranceopedia is available to assist you in exploring different insurance companies and comparing quotes, ensuring you secure the most favorable deal.

2023 BMW X2 Insurance Rates

Insurance Provider Average Annual Cost
Texas Farm Bureau Group $938
New Jersey Manufacturers $1,497
Farm Bureau Mutual (IA Group) $1,535
Pekin Insurance $1,609
Mercury $1,852
Penn National $1,899
Country $1,914
Georgia Farm Bureau $1,987
National General $2,038
SECURA Insurance $2,189

2022 BMW X2 Insurance Rates

Insurance Provider Average Annual Cost
Pekin Insurance $820
Tennessee Farmers $1,074
Titan $1,155
Texas Farm Bureau Group $1,446
SECURA Insurance $1,438
North Carolina Farm Bureau $1,468
Direct Auto $1,557
New York Central Mutual Fire $1,583
Erie $1,637
Utica National Ins Group $1,659

2021 BMW X2 Insurance Rates

Insurance Provider Average Annual Cost
Hastings Mutual Insurance Co $423
Buckeye Insurance Group $657
Western Reserve $1,120
American Family $1,132
Frankenmuth Mutual $1,248
North Carolina Farm Bureau $1,314
Celina Insurance Group $1,314
Grange Mutual $1,373
Westfield $1,421
Ohio Mutual Ins Group $1,530

2020 BMW X2 Insurance Rates

Insurance Provider Average Annual Cost
Kemper Auto | Infinity $726
SafeAuto $740
Plymouth Rock Assurance $832
Hastings Mutual Insurance Co $845
Safeco $868
Buckeye Insurance Group $950
Norfolk and Dedham Group $1,198
Texas Farm Bureau Group $1,329
Safety Group $1,356
Direct Auto $1,357

2019 BMW X2 Insurance Rates

Insurance Provider Average Annual Cost
Safeco $312
American National P $623
Mercury Insurance $673
Farm Bureau Mutual (IA Group) $1,194
Capital Insurance Group $1,184
EMC Insurance $1,355
New Jersey Manufacturers $1,413
Texas Farm Bureau Group $1,389
Southern Farm Bureau $1,484
Farmers Mutual of Nebraska $1,521

2018 BMW X2 Insurance Rates

Insurance Provider Average Annual Cost
Mercury Insurance $541
American National P $696
SECURA Insurance $772
Mercury Insurance Company $874
Tennessee Farmers $980
Hastings Mutual Insurance Co $1,042
PEMCO $1,125
Texas Farm Bureau Group $1,143
Plymouth Rock Assurance $1,215
Farm Bureau Mutual (IA Group) $1,329

Cost of BMW X2 Car Insurance By Age

Age Good Driver Recent Accident Poor Credit
17 $6,613 $9,715 $11,368
18 $6,183 $9,060 $10,618
19 $5,436 $8,018 $9,384
20 $4,735 $6,983 $8,162
21 $3,997 $5,867 $6,865
22 $3,897 $5,701 $6,668
23 $3,411 $4,973 $5,818
24 $3,219 $4,761 $5,555
25 $2,795 $4,088 $4,797
30 $2,177 $3,207 $3,716
35 $2,052 $2,969 $3,502
40 $1,944 $2,853 $3,379
45 $1,913 $2,803 $3,248
55 $1,754 $2,549 $2,980
65 $1,839 $2,671 $3,116
75 $2,312 $3,357 $3,942

BMW X2 Car Insurance Rates By State

State Good Driver Recent Accident Poor Credit
Alabama $2,082 $2,999 $3,809
Alaska $1,721 $2,355 $2,313
Arizona $1,927 $2,798 $4,116
Arkansas $2,121 $3,322 $3,671
California $2,366 $4,166 $2,373
Colorado $2,192 $3,098 $3,909
Connecticut $2,816 $4,377 $5,554
Delaware $2,319 $3,123 $3,997
Florida $2,780 $3,826 $4,995
Hawaii $894 $1,213 $904
Idaho $1,564 $2,094 $2,549
Illinois $1,647 $2,504 $2,847
Indiana $1,711 $2,578 $2,911
Iowa $1,322 $1,833 $2,151
Kansas $1,783 $2,613 $3,024
Kentucky $2,564 $3,790 $4,453
Louisiana $3,299 $4,981 $5,436
Maine $1,252 $1,736 $2,541
Maryland $2,031 $2,961 $3,266
Massachusetts $1,623 $2,846 $1,609
Michigan $3,917 $5,965 $9,410
Minnesota $1,624 $2,140 $3,033
Mississippi $1,947 $2,779 $2,784
Missouri $1,850 $2,614 $3,431
Montana $1,855 $2,591 $3,043
Nebraska $1,556 $2,350 $2,525
Nevada $2,619 $3,863 $4,079
New Hampshire $1,827 $2,861 $3,615
New Jersey $1,997 $3,112 $4,102
New Mexico $2,018 $3,022 $3,161
New York $1,875 $2,392 $3,944
North Carolina $1,155 $2,025 $1,452
North Dakota $1,595 $2,417 $2,865
Ohio $1,408 $2,207 $2,250
Oklahoma $2,264 $3,246 $3,682
Oregon $2,089 $2,792 $3,339
Pennsylvania $1,753 $2,542 $2,976
Rhode Island $2,900 $4,266 $4,828
South Carolina $1,980 $2,731 $3,780
South Dakota $1,774 $2,545 $2,945
Tennessee $2,091 $3,073 $4,078
Texas $2,122 $3,053 $3,760
Utah $1,772 $2,495 $3,438
Vermont $1,370 $2,115 $2,248
Virginia $1,313 $1,989 $1,937
Washington $1,719 $2,312 $2,801
West Virginia $1,744 $2,456 $3,118
Wisconsin $1,714 $2,703 $3,050
Wyoming $1,587 $2,236 $2,407
Georgia $2,256 $3,394 $3,431

FAQs

Who has the cheapest car insurance for a BMW X2?

For the 2023 model year, Texas Farm Bureau Group offers the most affordable car insurance for the BMW X2.

Which company offers the best car insurance for a BMW X2?

Taking into account their competitive pricing, comprehensive coverage options, and highly regarded customer service, we consider Texas Farm Bureau Group to provide the top car insurance choice for a BMW X2.

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