How Much Is Insurance For A BMW M3?

  • The typical monthly insurance premium for a BMW M3 is $24 for minimal coverage and $81 for standard coverage.
  • GEICO offers insurance at the most affordable price.
  • The 1997 BMW M3 has the most affordable insurance rates, costing an average of $57 per month for regular coverage.
  • The 2017 BMW M3, which costs an average of $147 per month for standard coverage insurance, is the BMW M3 that is most costly to insure.

How much do M3/M4 owners in NoVA pay for their motor insurance as a potential M buyer/owner? Although I am aware that rates are considerably lower here than, instance, in Maryland, it is still useful information to give.

Allstate, Geico, or another insurer Price: $xxx (specify Monthly or Annually) Protection: $100k, $300k, $100k, etc. Age range: 20s to 40s or other Record: Clean, Decent, and Last Straw

This also contains numerous discounts, like as those for owning more than one car, landlords, renters, pay in full, automatic payments, short daily commutes, etc., but this piece only includes the price of the M3.

A few of you are making incredibly low payments. My agent gave me some estimates, and it appears that I must change. Do alternatives, in your opinion, significantly influence rates? This price only applies to an M3 with average options.

I received a “safe vehicle” discount, which I have no idea what it means. I also receive a loyalty discount because I have been a State Farm customer for almost 16 years.

less costly than in MD? I’m curious to know the cost distinction between MD and VA. I live in MD.

Considering that I have two other vehicles and home owners insurance, I do receive reductions, but the $89 is only for my M3.

You should consider your policies. You might want to think about this as well as some others.

30/60/15… I could go after you personally if you hit me. Even my car wouldn’t be covered by your coverage. Lol. Much less if there were multiple vehicles involved.

Would you submit a claim for something that cost $800 if your collision deductible was only $500? Naturally, you wouldn’t, so why set your deductible so low?

On the other hand, if your comprehensive deductible is $1,000, request a quote to reduce it to $50. The premium difference could surprise you.

To put it simply, comprehensive refers to any damage not brought on by a vehicle. Your car was keyed, you hit an animal, there was a fight, and someone fell upon your hood. You you aware of what you are? a pitiful $50. Major deal.

You might find that simply increasing your collision deductible will result in a net gain that outweighs reducing your comprehensive.

I am eligible for a number of discounts, including several USAA insurance products. Additionally, I recently added a few dollars a month and raised my estimated annual mileage to 8,000. My 300 per deductibles are another significant factor.

How much does a BMW e36 M3 insurance cost?

The average monthly cost to insure a BMW M3 is $275.16, or $3,302 yearly, according to vehicle insurance quotes from reputable insurers. Your real charges, however, will vary according on your driving history, car model and year, ZIP code, and many considerations. Depending on the safety features your car has and the insurance you choose, some older models may be less expensive to insure than others.

How much does a BMW 330i’s insurance cost?

The cheapest BMW to insure is the 328i, which has an annual insurance cost of $1,800 or $150 per month.

Maine offers the cheapest insurance rates for a BMW 328i, averaging less than $100 per month or just under $1200 per year.

On the other hand, with an average insurance cost of $3,400 a year, or $280 per month, Georgia is the most costly state to insure your BMW 328i.

The cost of insurance for a 2007 BMW 328i for a 30-year-old male driver with a spotless driving record, who served in the military, and who owns a home will be roughly $85 per month or $1,000 per year.

The average insurance cost for a 2011 BMW 328i is $125 per month or $1,500 annually.

The average monthly insurance cost for a 2013 BMW 328i is $130, or $1,550 annually.

How much does a BMW 335i cost to insure?

How much do BMW 335i auto insurance premiums cost? To evaluate how insurance costs compare to those of other small luxury cars, we compare average rates for the 335i sedan.

  • The average annual cost of insurance for a BMW 335i is $1,564, or roughly $130 per month, however this amount can vary greatly depending on the driver’s region and age.
  • Comparing the BMW 335i to other small luxury cars, the cost of insurance is $149 more annually, making it one of the more expensive options.

How much does M3 insurance cost?

How much does a BMW M3’s auto insurance cost? We analyze the M3’s typical insurance costs to see how they compare to those for the whole sports car market.

  • The typical annual cost of insurance for a BMW M3 is $2,110, or $176 per month for full coverage.
  • The BMW M3 is one of the more expensive sports cars to insure when compared to other models, costing an extra $181 year on average.

How much does a BMW i8 cost to insure?

Make sure your auto insurance is priced as affordably as possible. Compare the best quotations

You should browse around and compare costs to get the greatest deals on BMW i8 insurance. For the same car, different companies offer varying rates. Depending on the model year or your driving history, a different carrier might offer better service.

A typical BMW i8 insurance quote is $2,810 annually, vs $1,428 for the typical automobile type.

Depending on the provider, the cost of BMW i8 insurance might vary by as much as $2,192 annually.

Depending on the model year, BMW i8 insurance costs can vary by up to $562. Older vehicles typically cost less to insure.

Is insurance for a BMW 328i expensive?

The typical annual insurance premium for a BMW 328i is $1,448; this equates to $121 each month. BMW 328i insurance premiums should be about $21 less annually than the average for small luxury automobiles and $119 less annually than the $1,567 national average.

The bar graph that follows shows how the typical auto insurance prices for a 2016 BMW 328i change depending on the ages of the drivers and the policy deductibles.

Chart Information: The graph displays the average insurance cost for a 2016 BMW 328i after applying safe driver and claim-free discounts. All U.S. states and all BMW 328i trim levels were averaged for the rates for full-coverage insurance. Information last changed on August 30, 2022.

The information below shows the typical annual premiums for a BMW 328i for the model years 2013 to 2016.

Average rates presumptively have a spotless driving record and no accidents for which they were at fault. Rates are averaged across all states in the US, and physical damage deductibles for full coverage are $500. Information last changed on August 30, 2022.

How much does a BMW 5 Series insurance policy cost?

When shopping for auto insurance for your BMW 5 Series, it is advantageous to shop about and compare quotes to make sure you get the best deals. Different insurers may charge you differently depending on your model year and driving history.

Insuring a BMW 5 Series typically costs $1,502 a year, which is $75 more than the national average.

Depending on the provider, the cost of BMW 5 Series insurance might vary by as much as $731 annually.

Depending on the age of your vehicle, the cost of insurance for a BMW 5 Series can vary by as much as $718 annually, with older vehicles often having lower insurance costs.

Are insurance costs for BMW high?

How much does insurance for a BMW cost? The price of a BMW goes beyond its higher-than-average MSRP. BMW car insurance runs $1,788 a year, or 25% more than insurance for a regular vehicle. You should exercise caution when looking for a policy because BMW insurance is more expensive than the average.

What is BMW insurance so expensive?

According to our poll, a 30-year-old male’s annual insurance for a BMW model is $4,049 on average. We gathered insurance prices for eight of BMW’s well-known models over the previous five years in order to calculate the average insurance cost for those vehicles.

As a producer of high-end automobiles, BMW models can be pricey to insure. This is so because repairing and replacing costly cars typically costs more money.

Is insurance for a BMW 3 Series expensive?

The cost of car insurance for the BMW 3 Series is rather high. The annual average cost of insurance for a BMW 3 Series is $1,560. Other car models only have an annual insurance cost of $1,427. The typical cost of insurance for luxury manufacturers like Tesla is considerably higher than that for a BMW 3 Series.

What does the M in the BMW M3 stand for?

The word “Motorsport” refers to the BMW M Series, which was initially developed to support BMW’s racing program. Over time, the BMW M program started to add customized vehicle models to its roster, which are now accessible to the general public.

Is a BMW expensive to repair?

Remove the Band-Aid now. Every 10,000 miles, BMW owners may anticipate paying between $150 and $400 per service. A significant service may cost up to $3,000 or more. In the end, owners spend more on maintenance and repairs than most brands, between $1,000 and $1,700 annually.

You may always purchase an extended warranty, either directly from BMW or through a third-party service contract, if you’re concerned about future ownership costs. Standard BMW maintenance expenditures are not covered by a car warranty, but it will cover pricey items that are more prone to break over time.

We’ve combed the market and selected a handful of the top third-party extended vehicle warranty companies because there are many possibilities for extended coverage. These are businesses who did well in regards to things like price, standing, and customer support.

To help you reduce your out-of-pocket vehicle ownership costs, compare the best BMW extended warranty packages above.

What does a BMW oil change cost?

How much does a BMW oil change cost? BMW oil changes typically cost between $135 and $175, with parts and fluids accounting for roughly $90 to $110 of that total and labor making up the remaining percentage.

Does a BMW require premium gas?

No matter what model you have, BMW advises only using premium unleaded fuel. That’s not to say that your BMW won’t run on inferior fuel, but premium unleaded fuel will keep its quality over time, allowing you to constantly drive at peak performance.

Is buying a BMW worth it?

When BMW began promoting its cars as the “Ultimate Driving Machine” in the 1970s, the company soon grew to become one of the world’s top luxury automobile manufacturers.

BMW has a long history of producing eye-catching vehicles and SUVs that receive high praise from automotive writers.

Both auto fanatics and everyday people who just want the best for their vehicles greatly prize them.

Because they are high-performance luxury vehicles with excellent interiors, a smooth ride, high levels of comfort, and some of the best technological features available, BMWs are a good investment. BMW is a brand that embodies high status, and their cars offer an exceptional driving experience.