BMW M3 4-Dr Sedan Insurance Rates

Average auto insurance rates for a BMW M3 4-Dr Sedan are $1,740 annually including full coverage. Comprehensive costs around $424 each year, collision insurance costs $794, and liability costs $364. Buying just liability costs as little as $430 a year, and insurance for high-risk drivers costs around $3,762. Teenage drivers receive the highest rates at up to $6,206 a year.

Annual premium for full coverage: $1,740

Rate estimates for individual coverage:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this BMW M3 Trim Level

Price Range by Location

Your location can make a big difference on the price of insurance. Areas with sparse population tend to have fewer comprehensive and collision claims than densely populated cities. The graphic below illustrates how location helps determine auto insurance rates.

These differences highlight why all drivers should compare rates for a specific zip code and their own personal driving habits, instead of making a decision based on average rates.

Use the form below to get rates for your location.

Auto insurance rates for a BMW M3 4-Dr Sedan can also vary considerably based on the model year of your M3, your driving characteristics, and deductibles and policy limits.

More mature drivers with a good driving record and high physical damage deductibles may pay as low as $1,600 per year on average for full coverage. Prices are much higher for teen drivers, where even without any violations or accidents they will have to pay as much as $6,200 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are likely paying at least $2,100 to $2,800 in extra premium per year, depending on your age. Insurance for high-risk drivers can cost from 45% to 135% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $820 annually, whereas increasing liability limits will increase prices. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $327 extra every year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in BMW M3 4-Dr Sedan insurance prices. A 40-year-old driver could pay as low as $1,060 a year in states like , Indiana, and North Carolina, or be forced to pay as much as $1,950 on average in Michigan, Montana, and Louisiana. Rates by state and city are shown later in the article.

With so much variability in prices, the best way to figure out your exact price is to do a rate comparison from multiple companies. Every company uses a different method to calculate prices, and quoted rates can be significantly different between companies.

View Chart as Image

The chart above shows average BMW M3 4-Dr Sedan insurance prices for various situations. The cheapest discount price is $977. Drivers who use higher $1,000 deductibles will pay about $1,462. The average price for a driver age 40 with no violations using $500 deductibles is $1,740. Using lower $100 deductibles for collision and other-than-collision coverage can cost as much as $2,276. Drivers with multiple violations and accidents could be charged as much as $3,762. The policy rate for full coverage insurance for a 16-year-old driver is $6,206.

View Chart as Image