BMW M3 Insurance: by Model Year & Company
BMW M3 insurance costs an average of $1,842 for a 6-month full coverage policy. American Family offers the cheapest rate for the latest BMW M3 at $289/mo or $1,734 for a 6-month full coverage policy.
- Shopping around? Use our calculator to compare average insurance rates by vehicle.
- Know your vehicle? Get a personalized quote by entering your zip code.
What to know about insuring a BMW M3:
- The M3 costs more to insure than most sedans. Averaging $307/mo for the M3 versus $203/mo for typical sedans.
- If you're considering a vehicle similar to the M3, like the BMW 1 Series ($138/mo), BMW 6 Series ($248/mo), or BMW 7 Series ($304/mo), your insurance costs will be more expensive.
- American Family ($227/mo), Progressive ($235/mo), USAA ($237/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.
Compare BMW M3 insurance costs vs other vehicles
Thinking about something different? Add vehicles to compare average rates instantly.
Cheapest Companies
2025 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| American Family |
$3,467 |
| Progressive |
$3,582 |
| USAA |
$3,708 |
| Erie |
$3,995 |
| Nationwide |
$4,080 |
| State Farm |
$4,249 |
| GEICO |
$6,155 |
| Farmers |
$6,841 |
| Allstate |
$11,162 |
Compare all 2025 BMW M3 insurance rates.
Average Cost to Insure Per Year
$5,6282024 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| American Family |
$3,328 |
| Progressive |
$3,505 |
| USAA |
$3,670 |
| Erie |
$3,886 |
| State Farm |
$4,086 |
| Nationwide |
$4,194 |
| GEICO |
$5,884 |
| Farmers |
$6,467 |
| Allstate |
$10,400 |
Compare all 2024 BMW M3 insurance rates.
Average Cost to Insure Per Year
$5,4082023 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| American Family |
$3,196 |
| Progressive |
$3,409 |
| Erie |
$3,781 |
| USAA |
$3,781 |
| State Farm |
$3,942 |
| Nationwide |
$4,277 |
| GEICO |
$4,969 |
| Farmers |
$6,101 |
| Allstate |
$9,354 |
Compare all 2023 BMW M3 insurance rates.
Average Cost to Insure Per Year
$5,0132022 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| American Family |
$3,070 |
| Progressive |
$3,297 |
| State Farm |
$3,502 |
| Erie |
$3,554 |
| USAA |
$3,682 |
| Nationwide |
$4,512 |
| GEICO |
$4,811 |
| Farmers |
$5,753 |
| Allstate |
$8,393 |
Compare all 2022 BMW M3 insurance rates.
Average Cost to Insure Per Year
$4,7612021 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| American Family |
$2,940 |
| Progressive |
$3,141 |
| Erie |
$3,423 |
| USAA |
$3,504 |
| State Farm |
$3,605 |
| Nationwide |
$4,180 |
| GEICO |
$4,626 |
| Farmers |
$5,463 |
| Allstate |
$5,555 |
Compare all 2021 BMW M3 insurance rates.
Average Cost to Insure Per Year
$4,2092018 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| USAA |
$2,661 |
| Progressive |
$2,823 |
| American Family |
$2,868 |
| State Farm |
$3,530 |
| Erie |
$3,668 |
| GEICO |
$3,683 |
| Nationwide |
$3,954 |
| Farmers |
$4,637 |
| Allstate |
$4,664 |
Compare all 2018 BMW M3 insurance rates.
Average Cost to Insure Per Year
$3,6192017 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| American Family |
$2,579 |
| USAA |
$2,682 |
| Progressive |
$2,704 |
| State Farm |
$2,919 |
| Erie |
$3,160 |
| GEICO |
$3,537 |
| Nationwide |
$3,893 |
| Allstate |
$4,270 |
| Farmers |
$4,362 |
Compare all 2017 BMW M3 insurance rates.
Average Cost to Insure Per Year
$3,4032016 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| USAA |
$2,252 |
| American Family |
$2,404 |
| Progressive |
$2,499 |
| State Farm |
$2,873 |
| Erie |
$2,957 |
| GEICO |
$3,399 |
| Nationwide |
$3,857 |
| Allstate |
$3,998 |
| Farmers |
$4,189 |
Compare all 2016 BMW M3 insurance rates.
Average Cost to Insure Per Year
$3,2142015 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| American Family |
$2,304 |
| Progressive |
$2,402 |
| USAA |
$2,424 |
| State Farm |
$2,623 |
| Erie |
$2,771 |
| GEICO |
$3,252 |
| Nationwide |
$3,702 |
| Allstate |
$3,819 |
| Farmers |
$3,964 |
Compare all 2015 BMW M3 insurance rates.
Average Cost to Insure Per Year
$3,0972013 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| State Farm |
$1,961 |
| USAA |
$2,053 |
| Progressive |
$2,117 |
| Erie |
$2,122 |
| American Family |
$2,358 |
| Nationwide |
$2,369 |
| GEICO |
$2,816 |
| Farmers |
$3,602 |
| Allstate |
$3,856 |
Compare all 2013 BMW M3 insurance rates.
Average Cost to Insure Per Year
$2,6312012 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| Erie |
$1,819 |
| USAA |
$1,867 |
| State Farm |
$2,012 |
| Nationwide |
$2,099 |
| American Family |
$2,249 |
| Progressive |
$2,285 |
| GEICO |
$2,691 |
| Farmers |
$3,464 |
| Allstate |
$3,638 |
Compare all 2012 BMW M3 insurance rates.
Average Cost to Insure Per Year
$2,5172011 BMW M3
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| Erie |
$1,697 |
| USAA |
$1,835 |
| State Farm |
$1,962 |
| American Family |
$1,969 |
| Progressive |
$2,080 |
| Nationwide |
$2,484 |
| GEICO |
$2,580 |
| Farmers |
$3,284 |
| Allstate |
$3,825 |