BMW IX Insurance Rates

The average insurance rates for a BMW iX are $1,822 a year for full coverage insurance. Comprehensive insurance costs an estimated $426 a year, collision insurance costs $808, and liability coverage is estimated at $430. Buying just liability costs approximately $486 a year, and insurance for high-risk drivers costs $3,954 or more. Teen drivers cost the most to insure at up to $6,576 a year.

Average premium for full coverage: $1,822

Policy rates broken down by type of insurance:

These estimates include $500 deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and iX trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. More rural locations are shown to have a lower frequency of physical damage claims than larger metro areas. The diagram below illustrates how rural and urban location affects insurance prices.

The examples above illustrate why it is important to get quotes for a targeted area and risk profile, rather than using price averages.

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

More Rate Information

The chart below illustrates average BMW iX insurance rates for other coverage scenarios.

• The lowest rate with discounts is $1,020
• Choosing higher $1,000 deductibles can save approximately $1,542 each year
• The average rate for a good driver age 40 who has $500 deductibles is $1,822
• Choosing low $100 deductibles for comp and collision coverage will cost an extra $544 each year
• Drivers with multiple violations and an at-fault accident could pay up to $3,954
• Policy cost for full coverage for a teenage driver can cost as much as $6,576 each year

View Chart as Image

Insurance rates for a BMW iX also range considerably based on your risk profile, the model year and trim level, and liability limits and deductibles.

Older drivers with a clean driving record and high deductibles may only pay around $1,700 annually on average, or $142 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay at least $6,500 a year. View Rates by Age

Your home state plays a big part in determining prices for BMW iX insurance rates. A good driver about age 40 could pay as low as $1,190 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $2,460 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing high deductibles can save as much as $830 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $387 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying $2,200 to $2,900 extra every year, depending on your age. A high-risk auto insurance policy ranges around 44% to 135% more than average. View High Risk Driver Rates

How to Find Cheap BMW iX Insurance

Finding cheaper rates on auto insurance takes not taking risks behind the wheel, maintaining good credit, being claim-free, and deciding if full coverage is necessary. Set aside time to shop around every other policy renewal by quoting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following is a brief summary of the ideas that were raised in the charts and tables above.

• Teens are charged the highest rates, possibly costing $548 each month for full coverage
• Drivers that tend to have accidents or serious violations pay on average $2,130 more annually for iX insurance
• Increasing comprehensive and collision deductibles can save around $825 each year
• It is possible to save approximately $230 per year just by quoting early and online