BMW IX Insurance Rates

The average insurance rates for a BMW iX are $1,822 a year for full coverage. Comprehensive insurance costs around $426 each year, collision insurance costs $808, and liability coverage costs $430. A liability-only policy costs as little as $486 a year, and high-risk insurance costs $3,954 or more. 16-year-old drivers cost the most to insure at up to $6,576 a year.

Average premium for full coverage: $1,822

Policy rates for type of insurance:

These estimates include $500 comprehensive and collision deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all states and iX models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than congested cities. The graphic below illustrates how rural and urban location affects auto insurance rates.

The examples above show why all drivers should compare rates for a specific zip code, rather than using rate averages.

Use the form below to get customized rates for your location.

Rate Comparisons

The chart below shows average BMW iX insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $1,020
• Drivers who choose higher $1,000 deductibles will pay about $280 a year
• The estimated price for a good driver age 40 using $500 deductibles is $1,822
• Buying low deductibles for comprehensive and collision insurance will cost an additional $544 each year
• High-risk insureds with multiple tickets or accidents could pay at least $3,954
• Policy cost that insures a teenage driver can be $6,576 a year

View Chart as Image

Car insurance rates for a BMW iX also range considerably based on the trim level and model year, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $2,200 to $2,900 extra every year, depending on your age. Insurance for high-risk drivers can cost around 44% to 135% more than the average rate. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $1,700 per year on average, or $142 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged as much as $6,500 a year. View Rates by Age

Your home state makes a big difference in BMW iX insurance rates. A 40-year-old driver could pay as low as $1,200 a year in states like Idaho, Maine, and Iowa, or at least $2,600 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $830 a year, whereas increasing liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $387 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find Cheap BMW iX Insurance

Finding cheaper rates on auto insurance not only requires having a decent driving record, but also having a positive credit history, avoid buying unnecessary coverage, and consideration of higher deductibles. Comparison shop at every other renewal by obtaining price quotes from direct carriers, and also from several local insurance agents.

The following items are a brief summary of the concepts that were raised in the charts and tables above.

• Drivers that tend to have accidents or serious violations pay on average $2,130 more every year than a driver with a clean driving record
• 16 to 18-year-old drivers are the costliest to insure, costing up to $548 each month if full coverage is purchased
• Drivers can save up to $230 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $825 each year
• Drivers can save up to $230 per year just by quoting online in advance