Over the past year, Jerry has helped 27,263 BMW drivers find smarter coverage and meaningful savings. By analyzing real BMW insurance policies, we know what owners are actually paying and what you can expect for each level of protection.
Competitive annual prices for BMW drivers are currently around:
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$1,047 for basic coverage.
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$3,464 for standard coverage.
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$3,697 for premium coverage.
Note that these figures are starting benchmarks. Your exact rate depends on factors like your driving record, location and the BMW model you drive.
On average, BMW drivers pay between $3,156 and $7,076 for full coverage, with an average premium around $5,876. That’s higher than the national average of $4,056, driven by BMW’s advanced engineering, repair costs, and performance capabilities.
Already insured? Jerry pulls live quotes from top insurers so you can easily compare coverage and see if you’re getting the best deal at the best price. If we find a better rate, you can switch right away, even before renewal. Jerry will cancel your old policy and make sure you get any refund you’re owed.
Fast track your BMW insurance with Jerry.
How much does BMW insurance cost?
BMW insurance rates can vary, but Jerry makes it easy to see what real drivers with your model and profile are paying today.
Recent quotes
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
Key takeaway: Two BMW drivers in the same city can pay very different premiums for the same coverage. Jerry compares rates from leading insurers so you can find the protection that fits your vehicle, lifestyle, and driving habits.
What’s the best BMW car insurance?
Owning a BMW means driving performance and precision. Protecting it requires coverage that meets those same standards, and not just the legal minimum.
If your BMW is leased or financed, your lender will require full coverage. You may also need gap insurance, which helps pay off your loan if your car is totaled.
Jerry recommends that BMW drivers carry at least 100/300/100 liability with collision and comprehensive. While that’s higher than most state minimums, it’s smart protection for vehicles with advanced tech, high repair costs, and exceptional performance.
No matter your lender, insurer or budget, there are several options that help safeguard your BMW. Here are some of the most common, what they include and why BMW owners choose them.
Higher liability limits
BMWs deliver power and precision, and at-fault accidents can be costly. About half (47%) of Jerry BMW drivers choose higher-than-minimum coverage for stronger protection.
Full coverage
Comprehensive and collision protect your BMW from theft, weather, or at-fault damage. Around 39% of Jerry BMW drivers carry full coverage for peace of mind on and off the road.
OEM parts coverage
After an accident, this keeps your BMW performing as designed with OEM parts and factory-trained technicians. Typically offered for vehicles between three and ten years old.
New car replacement
Replaces your BMW with a new vehicle if it’s totaled early on. This coverage is especially valuable given BMW’s advanced systems and repair costs.
Roadside assistance
Covers towing, jump-starts and lockouts. New BMWs include roadside assistance for four years with unlimited mileage, but many drivers extend it for continued support.
Rental reimbursement
Covers a rental while your BMW is being repaired. Most insurers offer 30 to 45 days of coverage depending on your policy and state.
Gap insurance
Covers what’s left on your loan or lease if your BMW is totaled. About 39% of all drivers add gap coverage when financing their vehicle.
Accident forgiveness
Keeps your rates steady after your first at-fault accident. Without it, BMW drivers see premium increases averaging 24%.
See coverage options for your BMW.
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Coverage definitions
4 smart ways BMW drivers can shop and lower insurance costs
Finding the right car insurance means balancing performance-level protection with smart cost management. For BMW drivers, that balance can be tricky since advanced engineering, high-value parts and safety tech all affect how insurers price your policy.
Jerry’s experts help BMW owners keep premiums low without compromising the protection their vehicles deserve. Here are our top tips.
| How to save | Typical savings |
|---|---|
| Compare quotes | 44% to 80% among BMW drivers |
| Stack discounts | 26% to 49% among all drivers |
| Adjust coverage | 7% to 61% among all drivers |
| Use telematics to set rates | 6% among BMW drivers |
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
Tip 1: Compare quotes before you renew
Not every insurer prices BMW coverage accurately. Some overestimate repair costs, while others don’t account for the brand’s safety performance. That can lead to big price differences for identical coverage.
Here’s where BMW drivers who saved most often switched last year after comparing rates with Jerry:
| Insurance carrier | BMW drivers who switched | Average Jerry savings |
|---|---|---|
| Progressive | 40% | 35% |
| Root | 12% | 3% |
| Trexis | 12% | 22% |
| Bristol West | 8% | 4% |
| First Acceptance | 8% | 51% |
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
Why it matters: BMW drivers can save over half by comparing quotes. Jerry shows live prices in real time so you can find your best deal before you buy.
Tip 2: Combine discounts for maximum savings
Many BMW owners qualify for multiple discounts through safe driving, bundled policies or telematics programs, but insurers don’t always apply them automatically. Jerry checks every available option to make sure you’re getting full value.
Key takeaway: Discounts can add up to more savings than raising deductibles alone.
Tip 3: Match your coverage to your BMW
From the 3 Series to the X7, every BMW has different protection needs, which usually means buying more than the state minimum. Many BMW owners start with full coverage and higher limits on new models, then adjust deductibles or extras as their cars age.
Minimum
$78 – $180/mo
Offers the legal minimum limits, which vary by state.
Full
$218 – $501/mo
Includes minimum liability plus collision and comprehensive coverage.
Standard
$262 – $576/mo
Increases liability limits, adds things like UM/UIM, medical, towing & more.
Preferred
$283 – $621/mo
Raises liability further, lowers deductibles, expands extra coverages.
Based on drivers with no accidents or violations who saved with Jerry over the past 6 months. Quotes and coverage not available for all customers.
Why it matters: Most BMW drivers with newer models choose full coverage and higher liability limits. Jerry experts recommend 100/300/100 for balanced protection that fits your vehicle and budget.
Tip 4: Try telematics for smarter savings
Telematics programs track your driving habits, like mileage, speed and braking. They then use this data to personalize your rate. For BMW drivers, these programs can help lower premiums by an average of 6%, especially if you drive safely or log fewer miles.
Methodology
Based on drivers with no accidents or violations who saved with Jerry over the past 12 months. Not all customers find savings. Savings depend on state, policy features, coverage, driving history and other factors.
Jerry Proof: Real BMW drivers, real savings
Curious how much BMW owners save? Here are real drivers, their vehicles and the deals they found by comparing quotes with Jerry.
Recent quotes
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
Customer feedback: Drivers who switched with Jerry rate us 4.6 out of 5 stars on Trustpilot.
Drive with confidence
BMW insurance costs can vary, but paying too much doesn’t have to be part of the experience. Whether you drive a 5 Series, X5 or iX, Jerry helps you find coverage that matches BMW’s performance and precision, without the premium price tag.
We compare top insurers, uncover every discount and manage renewals so your protection stays as reliable as your drive.
It only takes 2 minutes to sign up at Jerry.
Stephanie Colestock is a professional writer, CFEI®, and licensed insurance agent specializing in personal finance. With over 14 years of experience, she crafts insightful and accessible content on a wide range of financial topics, including insurance, loans, credit/debt, investing, retirement planning, and banking.
Her bylines appear in top-tier publications such as TIME, Fortune, MSN, Business Insider, USA Today, Money, Fox Business, and CBS. Stephanie’s deep understanding of complex financial concepts and her ability to communicate them clearly have made her a trusted voice in the industry.
When she’s not writing, Stephanie enjoys SCUBA diving, reading a good book, and traveling the world with her family.
Methodology
Statistics and conclusions presented in this article based on drivers who requested quotes through Jerry over the past 12 months and who had no accidents or violations, unless otherwise indicated. Quotes and coverage not available for all customers. Not all customers find savings.
