BMW IX Insurance Rates

The average insurance rates for a BMW iX are $1,822 a year for full coverage. Comprehensive costs around $426 each year, collision insurance costs $808, and liability coverage costs around $430. Buying just liability costs as low as $486 a year, and insurance for high-risk drivers costs around $3,954. 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:

Estimates include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all states and iX models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on auto insurance rates. Areas with sparse population are shown to have a lower frequency of accident claims than congested cities. The graphic below illustrates how location impacts auto insurance rates.

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

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

Detailed Rate Analysis

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

• The best full coverage rate is $1,020
• Using higher $1,000 deductibles will save about $280 a year
• The average rate for a good driver age 40 using $500 deductibles is $1,822
• Buying low deductibles for physical damage coverage will increase the cost to $2,366
• Higher-risk drivers with multiple tickets or accidents could pay at least $3,954
• Policy cost for full coverage for a teenage driver can be $6,576 or more

View Chart as Image

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

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

Your home state has a huge impact on BMW iX insurance rates. A driver around age 40 might see rates 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 cut rates by as much as $830 a year, whereas increasing liability limits will increase rates. Going 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 could be paying at least $2,200 to $2,900 extra every year, depending on your age. Insurance for high-risk drivers can be around 44% to 135% more than the average rate. View High Risk Driver Rates

How to Find Low Cost BMW iX Insurance

Finding cheaper rates on auto insurance requires avoiding accidents and violations, maintaining good credit, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Spend time shopping around every other policy renewal by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The list below is a review of the ideas that were touched on above.

• Teenagers pay higher rates, costing up to $548 each month for full coverage
• Drivers who have several accidents or serious violations may be required to pay an average of $2,130 more every year for car insurance
• Increasing comprehensive and collision deductibles can save around $825 each year
• Drivers can save up to $230 per year just by quoting online in advance