BMW 3 Series Insurance Rates & Discounts

BMW 3 Series Insurance Rates & Discounts are surprisingly expensive. BMW 3 Series Insurance Rates average cost $178 per month or $2,136 per year. The yearly insurance cost–to–base automobile price ratio is 6.4 percent with a base price of $33,450, which is higher than the national average of 4 percent.

How Much is BMW 3 Series Car Insurance?

BMW 3 Series Insurance Rates & Discounts - BMW Logo

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

The BMW 3 series has been in production since 1975, with six generations of vehicles. It is classified as a compact executive car, essentially a large four-door sedan. While the sedan is the main model, the 3 Series is also available in wagon and sport back configurations.

Coverage for this vehicle may be costly, but its excellent safety features and near-perfect crash test ratings may help you obtain lower premiums.

How to compare insurance for the BMW 3 Series

Shopping for car insurance may be a chore, and the worst thing is that you can’t avoid it. While almost all 50 states need vehicle insurance, you may save a significant amount of money if you know what to search for. Here are a few things to think about when shopping around.

  • Price. Make sure you provide the same information each time you get a quotation from a supplier. This will allow you to compare your alternatives based on pricing.
  • 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 an insurance.
  • Additional coverage. Consider whether you require more coverage. Personal injury protection and uninsured motorist coverage are only two of the several alternatives available.
  • 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. Your vehicle insurance coverage may be subject to limits or limitations imposed by some providers. Find out whether any of these apply to you in order to prevent refused claims or coverage gaps.
  • Manufacturer offer or loyalty discount. Manufacturer incentives or loyalty discounts are available from several automakers through insurance carriers. Contact BMW to see whether you are qualified.
  • Warranty. To prevent paying for overlapping coverage, find out what is covered by your manufacturer’s or extended warranty.

What factors affect car insurance rates for BMW 3 Series?

While your driving history, geography, and other factors can all affect your insurance costs, the car you drive has a significant impact. This is due to the fact that each car has unique repair prices, theft rates, performance, and so on. Here’s how the BMW 3 Series’ features may impact insurance costs.

  • Body type. The 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 to lower vehicle insurance costs.
  • Type of car. BMW produces high-performance premium automobiles, and the 3 Series is no exception. This categorization may result in higher insurance prices.
  • Theft. Sedans are the most commonly stolen type of car, therefore you should expect to pay a higher rate to insure one.
  • Repairs. BMW is most well-known for its cutting-edge technologies and opulent design. Parts and servicing for the 3 series might be costly, thus raising your vehicle insurance premiums.
  • Safety ratings. The 2018 BMW 3 Series was named a top safety choice by the IIHS and has excellent crashworthiness ratings. Insurance costs might be reduced as a result of this.

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

When determining your insurance rates, insurance companies take into account your likelihood of submitting claims as well as the expense of paying them out. Because every car is unique, the brand and model you drive might have a direct impact on your odds of submitting a claim.

But, aside from the car itself, the trim and extras you select can have an impact on performance and safety, so it’s critical to provide all vehicle specifics when receiving bids.

Here’s how different construction options might influence your insurance premiums based on the basic 320i RWD model.


  • xDrive. BMW’s all-wheel-drive technology is known as xDrive. It has the potential to enhance traction and handling, which might lead to lower vehicle insurance premiums.
  • 330i/340i. The 330i and 340i versions have more powerful engines and cost more. Choosing one of these models may result in higher insurance costs.
  • Diesel. Because diesel vehicles have higher average accident repair costs, both diesel alternatives may cost extra to insure.
  • Plug-in Hybrid. While the hybrid model might help you save money on petrol, you will most likely wind up paying more for insurance because these vehicles are expensive to fix.


  • Sport design. Among other things, these packages include LED fog lights and a rearview camera. The increased vision and handling may allow you to save money on vehicle insurance.
  • Driving Assistance Package. This feature set greatly improves driver, passenger, and vehicle safety, which may help you earn better rates.
  • Track Handling Package. Performance tires, steering, and suspension can enhance your vehicle’s handling, perhaps resulting in lower auto insurance rates.
  • Safety options. Adding park distance control or active blind spot detection will help minimize your chances of an accident and lower your insurance costs.

BMW 3 Series Money-saving Safety Features

If your BMW 3 Series has these safety features, you may be able to save money on car insurance.

  • 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 whatever carrier you pick, your vehicle may be eligible for certain auto insurance savings. The actual reductions you receive, however, may vary based on your region, provider, selections, and other variables.

Here are a few examples that should be applicable to 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 got a 3.5/5 star rating for dependability 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 variety of circumstances.

Despite the fact that the BMW 3 series has been in production 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. The Takata Airbag Recall affected a substantial number of 3 Series vehicles. When actuated, airbag inflators in certain BMW models might fail to inflate or spray metal shards.

It’s difficult to pinpoint the most prevalent problems with the BMW 3 Series because there have been so many versions and variants. Having said that, the 320, which is one of the more popular models, has a history of engine and gearbox problems, particularly on 2013 and 2014 vehicles.

BMW 3 Series maintenance

Due to the numerous versions and varieties of the BMW 3 Series, it’s difficult to pinpoint the most prevalent problems. Having said that, the 320, which is one of the more popular models, has a history of engine and gearbox problems, particularly on 2013 and 2014 vehicles.

  • BMW recommends changing the oil every 10,000 miles or 12 months. Depending on how you drive, you may want to consider having your vehicle’s oil 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.
  • The 2018 BMW 320i xDrive gets an average of 27 miles per gallon, with 23 in the city and 34 on the highway.
  • The 2018 BMW 3 Series comes with a standard four-year/50,000-mile warranty.
  • BMW’s more recent models include a Condition-Based Servicing system with a Service Interval Indicator. Both of these systems will monitor your car and notify you when components 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 covered by BMW’s four-year/50,000-mile new car guarantee, which covers defects in materials or workmanship. Additionally, new vehicles have a corrosion guarantee and complimentary roadside assistance.

If you want to prolong your coverage, an extended warranty with lengths ranging from five to seven years is available. By purchasing an extended warranty, you’ll receive servicing from authorized BMW experts, OEM component replacements, and towing for mechanical breakdowns, among other benefits.

Additionally, qualifying 3 Series vehicles to come with BMW Ultimate Care, a free maintenance package for three years/36,000 miles. For an additional cost, further extended maintenance plans are available.

How safe is the BMW 3 Series?

As is the case with many other BMW vehicles, the 3 series has top safety ratings in nearly every area. It was named the IIHS’s top safety choice for 2018 and achieved the highest possible crashworthiness ratings in the majority of crashworthiness tests.

According to US News and J.D Power, the 2018 BMW 3 series earned an outstanding 9.5/10 for safety. Since 1975, BMW has offered the 3 Series vehicle. The 3 Series model represents roughly 30% of BMW’s total yearly sales, making it the company’s best-selling vehicle.

In 2016, the United States sold over 106,000 models. The Insurance Institute of Highway Safety named the 2017 model a Top Safety Pick+ and the National Highway Safety Administration gave it a 5-Star Overall Rating.

Should You Get A BMW Series 3?

The BMW 3 Series, which starts at little under $35,000, is an outstanding luxury sedan that comes in a variety of designs. While its excellent safety and driver assistance features make it an excellent everyday driver, the vehicle’s construction choices allow you to tailor it to your own requirements.

However, the model and features you select might impact the cost of insurance, so evaluate your options to see how much coverage for your 3 series will cost.

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