BMW IX Insurance Rates

Estimated insurance prices for a BMW iX are $1,822 every 12 months for full coverage insurance. Comprehensive insurance costs an estimated $426 a year, collision insurance costs $808, and liability coverage costs $430. A policy with only liability insurance costs as little as $486 a year, and a high-risk policy costs $3,954 or more. Teen drivers pay the most at up to $6,576 a year.

Average premium for full coverage: $1,822

Premium estimates broken down by type of coverage:

Rates are based on $500 deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Rates include averaging for all 50 states and iX trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on the price of insurance. More rural locations are statistically proven to have more infrequent physical damage claims than larger metro areas. The diagram below illustrates the effect of geographic area on insurance prices.

These rate differences illustrate why it is important to compare rates for a targeted area and their own driving history, rather than using price averages.

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

Additional Rate Information

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

• The lowest rate with discounts is $1,020
• Drivers who choose higher $1,000 deductibles will pay approximately $1,542 each year
• The average price for a 40-year-old good driver who has $500 deductibles is $1,822
• Choosing low $100 deductibles for comprehensive and collision insurance costs an extra $544 each year
• High-risk insureds with multiple violations and an at-fault accident could pay up to $3,954
• An auto insurance policy to insure a teenage driver can cost as much as $6,576 a year

View Chart as Image

Car insurance prices for a BMW iX also have a wide range based on physical damage deductibles and liability limits, your risk profile, and the model year and trim level.

Choosing high deductibles could save up to $830 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will cost up to $387 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may only pay around $1,700 per year on average, or $142 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers will be charged at least $6,500 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are probably paying $2,200 to $2,900 extra annually, depending on your age. A high-risk auto insurance policy can cost around 44% to 135% more than average. View High Risk Driver Rates

Where you choose to live makes a big difference in BMW iX insurance rates. A 40-year-old driver 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

How to Shop for the Best Cheap BMW iX Insurance

Finding better rates on auto insurance not only requires not taking risks behind the wheel, but also maintaining a good credit score, paying for small claims out-of-pocket, and possibly higher deductibles. Take the time to compare rates at least once a year by obtaining price quotes from direct insurance companies, and also from insurance agencies where you live.

The following is a quick review of the primary concepts that were covered in the above illustrations.

• It is possible to save approximately $230 per year just by quoting early and online
• Drivers with a DUI or reckless driving violation could be forced to pay on average $2,130 more annually for iX insurance
• Increasing policy deductibles could save as much as $825 each year
• Teens have the highest car insurance prices, with premiums being up to $548 per month if the policy includes full coverage