BMW Series 3 Insurance Cost

The BMW 3 is a low-cost car with an outrageously high insurance rates. The BMW Series 3 insurance cost is $178 per month or $2,136 per year. With a base price of $33,450, the yearly insurance cost–to–base automobile price ratio is 6.4 percent, which is higher than the national average of 4 percent.

The BMW 3 series has been in production since 1975 and has gone through six versions. It’s classified as a compact executive vehicle, which effectively means it’s a big four-door sedan. While the sedan is the most popular model, the 3 Series is also available in wagon and Sportback body styles. Although the coverage for this car is costly, its excellent safety features and near-perfect crash test ratings may help you get cheaper rates.

How to compare insurance for the BMW 3 Series

BMW Series 3 Insurance Rates - BMW Logo

Shopping for car insurance may be a pain, and the worst thing is that you can’t avoid it. While car insurance is required in almost all 50 states, you may save a lot of money if you know what to search for. Here are a few things to think about before making a purchase.

  • Price. Make certain that you submit the same information each time you get a quote from a provider. This allows you to compare your options depending on cost.
  • Deductible. The level of your deductible will almost certainly affect the cost of your monthly premiums. A greater deductible will cost you more when filing a claim, but it will save you money on premiums. Lower deductibles are more expensive monthly, but you will pay less out of cash if you make a claim.
  • Minimum coverage. Except for New Hampshire and Virginia, every state requires a certain level of coverage. Check to see whether your state’s minimums are satisfied before purchasing insurance.
  • Additional coverage. Consider whether or not you need additional coverage. Personal injury protection and uninsured motorist coverage are two of the many possible options.
  • Extras. Extras such as accident forgiveness and a disappearing deductible can enhance your coverage and provide peace of mind. When shopping around, find out what extra policy features are offered.
  • Restrictions. Some providers have restrictions or limitations on your car insurance policy. Find out if any apply to you to avoid denied claims or gaps in coverage.
  • Manufacturer offer or loyalty discount. Some automakers have manufacturer offers or loyalty discounts through insurance providers. Speak with BMW to find out if you are eligible.
  • Warranty. Find out what’s covered by your manufacturer or extended warranty to avoid paying for overlapping coverage.

What factors affect car insurance rates for BMW 3 Series?

While your driving history, area, and other factors all have an impact on your insurance rates, the car you drive has a significant impact. This is due to the fact that each vehicle has its unique set of repair prices, theft rates, performance, and so on. Here’s how the BMW 3 Series’s features may impact insurance rates.

  • Body type. The BMW 3 Series is a four-door sedan that is ideal for families, commuting, and other types of daily transportation. This low-risk driving profile may assist in lowering vehicle insurance costs.
  • Type of car. BMW makes luxury performance vehicles and the 3 series is no exception. This classification could lead to higher insurance rates.
  • Theft. Sedans are the most frequently stolen type of vehicle, meaning you’ll likely be charged a premium to insure this vehicle.
  • Repairs. BMW is most well-known for its cutting-edge technologies and opulent design. Parts and service for the 3 series might be costly, thus raising your vehicle insurance premiums.
  • Safety ratings. The 2018 BMW 3 series won the IIHS top safety pick and holds great crashworthiness ratings. This could reduce the cost of insurance.

How do trim packages and extra build options affect insurance cost?

When establishing your insurance premiums, insurance companies consider both the risk of filing claims and the cost of paying them. Because every automobile is different, the brand and model you drive may have a direct influence on your chances of filing a claim.

Beyond the car itself, the trim and accessories you choose might affect performance and safety, so it’s essential to disclose all vehicle details when getting quotes. Here’s how different construction options may affect your insurance costs based on the basic 320i RWD model.


  • xDrive. xDrive is BMW’s all-wheel-drive system. It can enhance traction and handling, which might lead to lower vehicle insurance premiums.xDrive is BMW’s all-wheel-drive system. It can enhance traction and handling, which might lead to lower vehicle insurance premiums.
  • 330i/340i. The 330i and 340i models come with more powerful engines and higher price tags. Choosing either of these models could increase the cost of insurance.
  • Diesel. Both diesel options could cost more to insure since diesel vehicles generally have higher average accident repair costs.
  • Plug-in Hybrid. While the hybrid model can help you save on gas, you’ll probably end up paying more for insurance since these types of vehicles can be expensive to repair.


  • Sport design. These packages add LED fog lights and a rearview camera among other features. The improved visibility and handling could help you save on auto insurance.
  • Driving Assistance Package. This bundle of features significantly enhances driver, passenger, and vehicle safety and therefore might help you get better rates.
  • Track Handling Package. Performance tires, steering, and suspension can improve your vehicle’s handling, which could lead to cheaper auto insurance.
  • Safety options. Adding park distance control or active blind spot detection can reduce your chances of an accident and may help decrease your premiums.

BMW 3 Series money-saving safety features

You could save money on car insurance for your BMW 3 Series if it comes equipped with these safety features.

  • Airbags
  • Anti-lock brakes
  • Anti-theft device
  • Parking sensors
  • Surround view camera system
  • Daytime running lights
  • Electronic stability control
  • Seatbelt pretensioners
  • Rear backup sensors
  • Lane-departure warning systems
  • Adaptive cruise control

Does the BMW 3 Series qualify for auto insurance discounts?

Depending on the company you choose, your vehicle may be eligible for various auto insurance savings. However, the actual discounts you receive may vary based on your area, provider, preferences, and other circumstances. Here are a few examples that should work for the BMW 3 Series:

  • New car discount
  • Anti-lock brake discount
  • Anti-theft discount
  • Passive restraint discount (Airbags, motorized seat belts, etc.)
  • Emergency roadside assistance discount

How reliable is the BMW 3 Series?

The 2018 BMW 3 Series received a 3.5/5 star dependability rating from U.S. News and J.D. Power. This is somewhat better than the majority of vehicles in its class, but your experience may vary based on a number of things.

Despite the fact that the BMW 3 series has been on the market since 1975, there have been very few recalls.

  • 2012-2015. A number of different 3 Series vehicles manufactured between 2011 and 2015 were recalled owing to a software fault that may prevent the side marker lights from functioning when the parking lights or headlights were turned on.
  • 2012-2014. Some 2012-2014 BMW 3 series models were recalled due to issues stemming from insufficient lubrication on the vacuum pump that supplies brake power assistance. A number of vehicles were also recalled due to a failing fuel pump that could cause vehicles to stall.
  • 1998-2006. A large number of 3 Series models were part of the Takata Airbag Recall. This involved airbag inflators used in various BMW models that could fail to inflate or spray metal fragments when activated.

U.S. News and J.D. Power gave the 2018 BMW 3 Series a 3.5/5 star reliability rating. This is somewhat better than the majority of vehicles in its class, but your experience may vary depending on a variety of factors.
Even though the BMW 3 series has been on the market since 1975, there have been very few recalls.

BMW 3 Series maintenance

As a luxury automobile manufacturer, BMW strives to provide a comfortable and convenient driving experience. Many BMWs are thought to be highly reliable, requiring little maintenance to stay on the road. However, because the 3 Series is a high-end vehicle, regular service visits may help ensure that it operates correctly. Here’s an overview of what to expect in terms of oil changes, maintenance schedules, mileage, and other specifics.

  • BMW recommends changing the oil every 10,000 miles or 12 months. Depending on how you drive, you may want to consider getting it changed more frequently.
  • Oil changes should cost between $100 to $200, but your cost may vary.
  • The 2018 320i (Automatic transmission) gets an average of 28 miles per gallon, with 24 in the city and 35 on the highway.
  • The 2018 BMW 320i Coupe (Manual transmission) gets an average of 27 miles per gallon, with 23 in the city and 35 on the highway.
  • BMW recommends changing the oil every 10,000 miles or 12 months. Depending on how you drive, you may want to consider getting it changed more frequently.
  • The 2018 BMW 3 Series comes with a four-year/50,000-mile warranty as standard..
  • Newer BMW models include a Condition Based Servicing system as well as a Service Interval Indicator. Both of these systems will monitor your car and notify you when parts need to be replaced or when the vehicle should be serviced.

Is an extended warranty worth it for the BMW 3 Series?

The 3 Series is protected by BMW’s four-year/50,000-mile new car warranty, which covers defects caused by faulty parts or inadequate maintenance. New vehicles also come with a corrosion warranty and free roadside assistance. You may extend your warranty for a period of five to seven years if you like. By purchasing the extended warranty, you will receive service from certified BMW specialists, OEM part replacements, mechanical breakdown towing, and other advantages.

Furthermore, eligible 3 Series vehicles come with BMW Ultimate Care, a three-year/36,000-mile maintenance plan. Various extended maintenance options are available for an extra fee.

How safe is the BMW 3 Series?

The 3 series, like many other BMW automobiles, has excellent safety ratings in nearly every area. It was named the IIHS’s top safety selection for 2018, and it achieved the best possible scores in the majority of crashworthiness tests. According to U.S. News and J.D. Power, the 2018 3 series received a 9.5/10 safety rating.

The BMW 3 Series has been on the market since 1975. The 3 Series model accounts for around 30% of total yearly BMW sales, making it the most popular BMW model. In the United States, roughly 106,000 models were sold in 2016.

The 2017 model was awarded a Top Safety Pick+ by the Insurance Institute of Highway Safety, and it received a 5-Star Overall Rating from the National Highway Traffic Safety Administration.

Should You Get A BMW Series 3?

The BMW 3 Series is a fantastic luxury automobile that starts at just under $35,000 and comes in a number of styles. While its strong safety and driver assistance features make it a great everyday driver, the car’s construction options allow you to adapt it to your specific needs.

However, the model and features you choose may affect insurance costs, so you should weigh your alternatives to determine how much coverage for your 3 series will cost.

Check out our BMW insurance rates review.