BMW X3 Car Insurance Cost 2024

BMW X3 Insurance Costs by Company

By getting car insurance quotes from multiple insurers, BMW X3 owners can potentially save significant money each year. In our evaluation of top insurance companies, Nationwide was the cheapest option for insuring an X3. USAA* was also a cheap option.

Related: The best car insurance companies

BMW X3 Insurance Costs by State

State-to-state differences in BMW X3 auto insurance rates are generally affected by factors such as past claims for the X3, medical costs, repair costs and state insurance laws. If you’re buying insurance for an X3, Louisiana ranks as the most expensive, with Hawaii claiming the spot as the cheapest state.

Cost of Insurance for a BMW X3 Based on Driver Age

The cheapest age for insuring a BMW X3 is 60, according to a Forbes Advisor analysis of rates.

The most expensive age to insure an X3 is age 20.

There are many factors that go into calculating your own car insurance rates. These generally include your driving record, your garaging address (where you keep the vehicle), annual mileage, your credit-based insurance score (car owners with lower credit pay more), your past auto insurance claims, the type of the car, any recent lapse in your car insurance and the types and amount of insurance you have.

Related: 9 Factors That Affect Your Car Insurance Rates

How to Save Money on BMW X3 Car Insurance

There are several ways you can lower car insurance costs, such as:

• Check out vehicle insurance quotes. Auto insurance companies each have a different way of pricing insurance for a BMW X3. The best way to find an affordable rate is to compare car insurance quotes from several insurers.
• Buy the right amount of car insurance. While you want to make sure you have the right amount of coverage, you also don’t want to end up buying unnecessary insurance for an X3. Here are ways to decide how much car insurance you need.
• Maintain a good credit score. Insurers in most states can use your credit-based insurance score as a factor in calculating rates. But not all insurers weigh this factor the same, which is why it’s wise to get multiple quotes.
• Raise your car insurance deductible. Generally the higher your car insurance deductible, the less you pay in premiums. Common deductible amounts range from $250 to $2,000 and up.

Methodology

Unless otherwise noted, rates are based on a 40-year-old female with a good driving record and insuring a new vehicle. Rates shown are for coverage of $100,000 in bodily injury liability coverage per person, $300,000 per accident and $100,000 in property damage liability (100/300/100), uninsured motorist coverage, collision and comprehensive insurance with a $500 deductible, and any other coverage required in a state. Source: Quadrant Information Services.

*USAA car insurance is available only to military members, veterans and their families.