BMW IX Insurance Rates

The average insurance rates for a BMW iX are $1,858 a year with full coverage. Comprehensive insurance costs approximately $442, collision insurance costs $842, and liability insurance costs $416. Liability-only coverage costs as little as $474 a year, and high-risk coverage costs $4,038 or more. 16-year-old drivers cost the most to insure at up to $6,676 a year.

Average premium for full coverage: $1,858

Policy rates by type of insurance:

These estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all U.S. states and for all iX models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on the price of insurance. Rural locations are shown to have lower incidents of collision claims than congested cities. The example below illustrates the effect of geographic area on auto insurance prices.

The examples above demonstrate why everyone should compare rates using their specific location, rather than relying on rate averages.

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

More Rate Information

The chart below details average BMW iX insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $1,037
• Drivers who choose higher $1,000 deductibles will pay $290 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,858
• Buying pricier low deductibles for comprehensive and collision insurance will cost an additional $566 a year
• High risk drivers with multiple tickets or accidents could pay around $4,038
• Policy cost that insures a teen driver for full coverage can cost $6,676 a year

View Chart as Image

Insurance rates for a BMW iX also range considerably based on the model of your iX, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $2,200 to $3,000 additional every year, depending on your age. BMW iX insurance for high-risk drivers can cost anywhere from 45% to 132% more than the average rate. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,700 per year on average, or $142 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay in the ballpark of $6,600 a year. View Rates by Age

Your home state makes a big difference in BMW iX insurance rates. A 40-year-old driver could pay as low as $1,340 a year in states like Utah, Ohio, and New Hampshire, or at least $2,510 on average in New York, Michigan, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $860 each year, whereas buying more liability protection will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $375 more each year. View Rates by Deductible or Liability Limit

How to Find Cheap BMW iX Insurance

Finding cheaper rates on BMW iX insurance not only requires having a decent driving record, but also having a good credit score, not filing small claims, and consideration of higher deductibles. Comparison shop at every policy renewal by getting rate quotes from direct companies, and also from local insurance agencies.

The following items are a brief summary of the data covered in the above illustrations.

• Drivers who purchase additional liability coverage will pay around $460 every year to go from a 30/60 limit to the 250/500 level
• You may be able to save around $230 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save approximately $850 each year
• 16 to 18-year-old drivers are the costliest to insure, as much as $556 each month if comprehensive and collision insurance is included