BMW Car Insurance

BMW is and has always been one of the market leaders in luxury car sales. Even though its main market is in Europe, BMW also has a strong presence in the United States and China. They are always in a fierce competition with the other two mainstream German automakers – Audi and Mercedes. If you are looking to buy a BMW car and are concerned about the total cost of ownership and insurance premiums, then this article is for you.

Most BMW cars aren’t cheap to insure, some not even by a long shot. The cheapest we could find is the 2013 BMW X3, with an average quote of $1,314 per year, which shouldn’t come as a surprise given the insurers’ general trend to charge less for economical crossovers.

Surprisingly enough, on the second spot we found the zippy little 2012 Z4, with the stunningly low average quote of only $1,445 per year, according to AutomobileMag.com.

Here are the average insurance premiums for the latest BMW models that are available on the US market as of January 2013.

  1. 2013 BMW X3 – $1,314
  2. 2012 BMW X4 – $1,445
  3. 2013 BMW X1 – $1,526
  4. 2013 BMW 3-Series – $1,535
  5. 2013 BMW 5-Series – $1,708
  6. 2013 BMW 1-Series – $1,720
  7. 2013 BMW X5 – $1,743
  8. 2012 BMW ActiveHybrid 5 – $2,022
  9. 2013 BMW X6 – $2,559
  10. 2013 BMW 6-Series – $2,654
  11. 2013 BMW 7-Series – $2,700
  12. 2013 BMW ActiveHybrid X6 – $2,811
  13. 2013 BMW ActiveHybrid 7 – $2,872
  14. 2013 BMW M3 – $2,931
  15. 2013 BMW M6 – $3,192
  16. 2013 BMW M5 – $3,281

So if you are looking for a BMW car that is cheap to insure, you should definitely have a look at a crossover model in the X series. The cost of insurance for the X3 is less than $100 from the last spot in the Forbes’ top 16 cheapest vehicles to insure in 2013.