BMW i3 Insurance: by Model Year & Company

BMW i3 insurance costs an average of $1,075 for a 6-month full coverage policy. USAA offers the cheapest rate for the latest BMW i3 at $162/mo or $974 for a 6-month full coverage policy.

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i3 Car Insurance

What to know about insuring a BMW i3:

  1. The i3 costs more to insure than most hatchbacks. Averaging $179/mo for the i3 versus $164/mo for typical hatchbacks.
  2. If you're considering a vehicle similar to the i3, like the BMW 1 Series ($138/mo), BMW 6 Series ($248/mo), or BMW 7 Series ($304/mo), your insurance costs will be about the same.
  3. USAA ($143/mo), Progressive ($147/mo), American Family ($151/mo) offer the cheapest full coverage rates.

The rates displayed are based on a full coverage 30-year-old male driver with no violations in 2025. Customizations to your vehicle (trim or modifications) and your driving history will impact your insurance costs. Consider these rates as a jumping off point for your search.

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2021 BMW i3 Vehicle Image
2021 BMW i3
Av. Cost Per Year$2,426
Av. Per Month$202

Cheapest Companies

Erie$122/m
USAA$126/m
Progressive$129/m

How much does it cost to insure my BMW i3?

Select your model year:

2021 BMW i3

Cheapest Insurance Companies Average Annual Cost
USAA

$1,947

Progressive

$2,026

Nationwide

$2,049

State Farm

$2,104

American Family

$2,106

GEICO

$2,236

Erie

$2,517

Farmers

$3,218

Allstate

$3,876

Compare all 2021 BMW i3 insurance rates.
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Average Cost to Insure Per Year
$2,426

2020 BMW i3

Cheapest Insurance Companies Average Annual Cost
USAA

$1,857

Nationwide

$1,917

Progressive

$1,942

State Farm

$2,010

American Family

$2,016

GEICO

$2,147

Erie

$2,411

Farmers

$3,054

Allstate

$3,585

Compare all 2020 BMW i3 insurance rates.
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Average Cost to Insure Per Year
$2,297

2019 BMW i3

Cheapest Insurance Companies Average Annual Cost
USAA

$1,773

Nationwide

$1,838

Progressive

$1,892

American Family

$1,922

State Farm

$1,987

GEICO

$2,061

Erie

$2,233

Farmers

$2,935

Allstate

$3,424

Compare all 2019 BMW i3 insurance rates.
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Average Cost to Insure Per Year
$2,209

2018 BMW i3

Cheapest Insurance Companies Average Annual Cost
USAA

$1,696

Progressive

$1,747

American Family

$1,760

Erie

$1,765

Nationwide

$1,836

State Farm

$1,867

GEICO

$1,979

Farmers

$2,807

Allstate

$3,398

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Average Cost to Insure Per Year
$2,118

2017 BMW i3

Cheapest Insurance Companies Average Annual Cost
USAA

$1,721

American Family

$1,738

Progressive

$1,741

State Farm

$1,793

Erie

$1,811

Nationwide

$1,888

GEICO

$1,942

Farmers

$2,694

Allstate

$3,786

Compare all 2017 BMW i3 insurance rates.
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Average Cost to Insure Per Year
$2,160

2016 BMW i3

Cheapest Insurance Companies Average Annual Cost
American Family

$1,597

USAA

$1,621

Progressive

$1,694

Erie

$1,713

State Farm

$1,716

GEICO

$1,804

Nationwide

$1,896

Farmers

$2,609

Allstate

$3,689

Compare all 2016 BMW i3 insurance rates.
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Average Cost to Insure Per Year
$2,075

2015 BMW i3

Cheapest Insurance Companies Average Annual Cost
Erie

$1,540

Progressive

$1,546

USAA

$1,570

American Family

$1,683

GEICO

$1,775

Nationwide

$1,926

State Farm

$1,974

Farmers

$2,545

Allstate

$3,593

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Average Cost to Insure Per Year
$2,053

2014 BMW i3

Cheapest Insurance Companies Average Annual Cost
Erie

$1,465

USAA

$1,513

Progressive

$1,549

Nationwide

$1,571

American Family

$1,636

GEICO

$1,714

State Farm

$1,717

Farmers

$2,405

Allstate

$3,653

Compare all 2014 BMW i3 insurance rates.
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Average Cost to Insure Per Year
$1,954