BMW Insurance

Get the best insurance coverage for your BMW and your wallet.

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bmw X4 insurance

How much does BMW Insurance cost?

The average monthly cost of BMW insurance at Lemonade in 2024 ranges from roughly $42 to $50 (learn more about the methodology here). But how much you pay for car insurance for your BMW depends on lots of factors—like your car’s model, and your driving history.

BMW Car Insurance Rates by Model

BMW car insurance rates can vary based on several factors, including the model. Check out the average monthly insurance costs* for some of the most popular BMW models.

Car Model Average Monthly Cost Average 6-Month Cost
BMW X3 $42 $252
BMW X5 $45 $271
BMW 3 Series $48 $292
BMW I4 $42 $254
BMW X1 $42 $254

What are the cheapest BMW models to insure?

Note: Insurance rates for BMW models can vary widely based on lots of factors—like your driving history and where you live. The costs listed here are based on Lemonade’s internal analysis for illustrative purposes only. Learn more about the methodology here.

Car Model Average Monthly Cost
BMW IX $42
BMW X3 $42
BMW X1 $42

Methodology

Lemonade Insurance conducted an internal analysis to evaluate policy rates across different makes and models of vehicles for a 32-year-old single female customer, currently holding a Lemonade Renters Policy in the state of Illinois. The policy considered includes only liability coverages with minimum state-mandated limits, and no optional coverages or upgrades. The customer resides in a zip code with an average cost of living, and has an insurance history that reflects no accidents, violations, or claims. This analysis is based on Lemonade’s internal data and is meant for illustrative purposes only. Quotes may vary depending on individual circumstances.


A few quick words, because we <3 our lawyers: This post is general in nature, and any statement in it doesn’t alter the terms, conditions, exclusions, or limitations of policies issued by Lemonade, which differ according to your state of residence. You’re encouraged to discuss your specific circumstances with your own professional advisors. The purpose of this post is merely to provide you with info and insights you can use to make such discussions more productive! Naturally, all comments by, or references to, third parties represent their own views, and Lemonade assumes no responsibility for them. Coverage and discounts may not be available in all states.

Please note: Lemonade articles and other editorial content are meant for educational purposes only, and should not be relied upon instead of professional legal, insurance or financial advice. The content of these educational articles does not alter the terms, conditions, exclusions, or limitations of policies issued by Lemonade, which differ according to your state of residence. While we regularly review previously published content to ensure it is accurate and up-to-date, there may be instances in which legal conditions or policy details have changed since publication. Any hypothetical examples used in Lemonade editorial content are purely expositional. Hypothetical examples do not alter or bind Lemonade to any application of your insurance policy to the particular facts and circumstances of any actual claim.