Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.
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Car insurance rates vary based on the make and model of the vehicle and trim levels. According to Insurance.com research, the average cost of insuring a Bmw X3 is $2,370 per year or $197 per month. However, these rates can vary depending on your location, driving history, age, and other factors.
The auto insurance rates also change based on the vehicle’s model year. For example, the 2023 Bmw X3 costs $2,370 per year, whereas the 2022 Bmw X3 costs $1,948 annually. State Farm offers the cheapest annual rate for 2023 Bmw X3 $1,686 per year.
Keep reading to learn more about which state offers the cheapest car insurance rates based on model year and which model year is the cheapest to insure amongst all the models surveyed by Insurance.com.
Average insurance cost of Bmw X3 by model year
Year of Bmw X3 model
Average cost to insure
2023
$2,370
2022
$1,948
2021
$1,873
2020
$1,989
2019
$1,945
Data updated in 2024
Compare Bmw X3 insurance rates by state
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Company
Style
Average annual premium
State Farm
2WD 4 Door SUV DOHC Turbo
$1,570
Nationwide
2WD 4 Door SUV DOHC Turbo
$2,516
Geico
2WD 4 Door SUV DOHC Turbo
$2,627
Progressive
2WD 4 Door SUV DOHC Turbo
$2,734
Allstate
2WD 4 Door SUV DOHC Turbo
$4,563
Data updated in 2024
Bmw X3 insurance rates per year
2023
2023 Bmw X3 insurance rates
Average cost to insure$2,370
Annual cheapest rate$1,686
Available trims M XDrive, SDrive 30i, XDrive 30i, XDrive M40i
Rank
Company
Average annual premium
1
State Farm
$1,686
2
Nationwide
$1,890
3
Geico
$2,192
4
Progressive
$2,306
5
Farmers
$2,702
6
Allstate
$3,442
Data updated in 2024
2022
2022 Bmw X3 insurance rates
Average cost to insure$1,948
Annual cheapest rate$1,424
Available trims M XDrive, SDrive 30i, XDrive 30i, XDrive M40i
Rank
Company
Average annual premium
1
State Farm
$1,424
2
Nationwide
$1,666
3
Geico
$1,672
4
Progressive
$1,925
5
Farmers
$2,024
6
Allstate
$2,979
Data updated in 2024
2021
2021 Bmw X3 insurance rates
Average cost to insure$1,873
Annual cheapest rate$1,316
Available trims M XDrive, SDrive 30i, XDrive 30i, XDrive M40i
Rank
Company
Average annual premium
1
Progressive
$1,316
2
State Farm
$1,318
3
Geico
$1,545
4
Nationwide
$1,741
5
Farmers
$2,219
6
Allstate
$3,097
Data updated in 2024
2020
2020 Bmw X3 insurance rates
Average cost to insure$1,989
Annual cheapest rate$1,488
Available trims M XDrive, SDrive 30i, XDrive 30i, XDrive M40i
Rank
Company
Average annual premium
1
State Farm
$1,488
2
Geico
$1,496
3
Progressive
$1,615
4
Farmers
$1,841
5
Nationwide
$2,605
6
Allstate
$2,888
Data updated in 2024
2019
2019 Bmw X3 insurance rates
Average cost to insure$1,945
Annual cheapest rate$1,353
Available trims M XDrive, SDrive 30i, XDrive 30i, XDrive M40i
Rank
Company
Average annual premium
1
Geico
$1,353
2
State Farm
$1,528
3
Progressive
$1,780
4
Nationwide
$2,028
5
Farmers
$2,263
6
Allstate
$2,715
Data updated in 2024
2018
2018 Bmw X3 insurance rates
Average cost to insure$1,876
Annual cheapest rate$1,369
Available trims M XDrive, SDrive 30i, XDrive 30i, XDrive M40i
Rank
Company
Average annual premium
1
Geico
$1,369
2
State Farm
$1,477
3
Nationwide
$1,715
4
Progressive
$1,791
5
Farmers
$2,399
6
Allstate
$2,503
Data updated in 2024
2017
2017 Bmw X3 insurance rates
Average cost to insure$1,822
Annual cheapest rate$1,324
Available trims M XDrive, SDrive 30i, XDrive 30i, XDrive M40i
Rank
Company
Average annual premium
1
Geico
$1,324
2
State Farm
$1,435
3
Nationwide
$1,693
4
Progressive
$1,737
5
Allstate
$2,344
6
Farmers
$2,397
Data updated in 2024
2016
2016 Bmw X3 insurance rates
Average cost to insure$1,777
Annual cheapest rate$1,276
Available trims M XDrive, SDrive 30i, XDrive 30i, XDrive M40i
