BMW Insurance Costs | Youi

How much does BMW insurance cost?

The cost of your BMW insurance with Youi will be based on a number of different factors including what type of model you have, your age, location, driving history and the type of cover you choose. To get an idea of Youi’s approximate annual premiums for Comprehensive car insurance, select your BMW model below.

Start a quote

Model

ANNUAL PREMIUM RANGE:

$900 to $2,101

Insurance costs for the BMW 1 Series are about 16% lower than the average annual premium for all BMW models insured with Youi.

ANNUAL PREMIUM RANGE:

$1,032 to $2,292

The average annual insurance premium for the BMW 2 Series is around 6% lower than the average for all other BMW models we cover.

ANNUAL PREMIUM RANGE:

$964 to $2,479

Compared to all other models of BMWs insured with Youi, the BMW 3 Series’ average annual insurance premium is about 2% lower.

ANNUAL PREMIUM RANGE:

$1,169 to $2,626

When insured with Youi, the BMW 4 Series has an average annual insurance premium which is around 9% higher than the other BMW models we insure.

ANNUAL PREMIUM RANGE:

$991 to $2,499

Insurance costs for the BMW 5 Series are about 4% lower than the average annual premium for all BMW models insured with Youi.

ANNUAL PREMIUM RANGE:

$1,545 to $3,569

Compared to all other models of BMWs insured with Youi, the BMW 7 Series’ average annual insurance premium is about 43% higher.

ANNUAL PREMIUM RANGE:

$1,881 to $4,133

BMW M2 insurance is around 59% higher higher than the average annual premium for all BMW models insured with Youi.

ANNUAL PREMIUM RANGE:

$2,255 to $4,166

Insurance costs for the BMW M3 are about 86% higher than the average annual premium for all BMW models insured with Youi.

ANNUAL PREMIUM RANGE:

$2,431 to $4,956

The average annual insurance premium for the BMW M4 is around 103% higher than the average for all other BMW models we cover.

ANNUAL PREMIUM RANGE:

$950 to $1,874

Compared to all other models of BMWs insured with Youi, the BMW X1’s average annual insurance premium is about 22% lower.

ANNUAL PREMIUM RANGE:

$1,018 to $1,904

When insured with Youi, the BMW X2 has an average annual insurance premium which is around 20% lower than the other BMW models we insure.

ANNUAL PREMIUM RANGE:

$1,130 to $2,260

Insurance costs for the BMW X3 are about 10% lower than the average annual premium for all BMW models insured with Youi.

ANNUAL PREMIUM RANGE:

$1,256 to $2,619

When insured with Youi, the BMW X4 has an average annual insurance premium which is around 6% higher than the other BMW models we insure.

ANNUAL PREMIUM RANGE:

$1,197 to $2,610

Insurance costs for the BMW X5 are about 1% higher than the average annual premium for all BMW models insured with Youi.

ANNUAL PREMIUM RANGE:

$1,484 to $3,089

The average annual insurance premium for the BMW X6 is around 21% higher than the average for all other BMW models we cover.

ANNUAL PREMIUM RANGE:

$2,042 to $4,148

Compared to all other models of BMWs insured with Youi, the BMW X7’s average annual insurance premium is about 63% higher.

ANNUAL PREMIUM RANGE:

$908 to $1,873

Insurance costs for the BMW Z4 are about 27% lower than the average annual premium for all BMW models insured with Youi.

Information about indicative premium ranges and comparisons

When we display the indicative Comprehensive premium range for a car make and model, or offer a comparison of how a model’s annual premium compares to Youi premiums for all models for that car brand, we adopt some important guidelines:

The information displayed is based on Youi internal data for Comprehensive policies sold for the make and model between 22 Nov 2025 and 22 May 2026.
To improve how useful our data is, we only calculate our average comparisons on models where Youi data is available on at least 10 sold Comprehensive policies for that model.
As you would expect, we get some higher or lower premiums based on different risk ratings, so the indicative range does not represent all Youi customers. 80% of applicable Comprehensive car premiums purchased by our customers fell within or below the indicative premium range shown.
Premiums and offers to insure are subject to rating & underwriting, and your own individual circumstances.

What’s the average cost for BMW car insurance?

When insured with Youi, the average cost of Comprehensive cover for BMW vehicles can vary between different models. Take a look at the list of BMW models here to see the average annual premium for each.

How we calculate these numbers

Start a quote

BMW Z3

$783

BMW Z4

$1,410

BMW I3

$1,452

BMW X1

$1,501

BMW X2

$1,529

BMW 1 Series

$1,618

BMW X3

$1,737

BMW 2 Series

$1,803

BMW 5 Series

$1,842

BMW 3 Series

$1,890

BMW Average

$1,924

BMW X5

$1,948

BMW X4

$2,038

BMW 4 Series

$2,101

BMW 6 Series

$2,175

BMW iX1

$2,305

BMW X6

$2,334

BMW 8

$2,510

BMW iX2

$2,607

BMW 7 Series

$2,749

BMW iX3

$2,807

BMW M2

$3,061

BMW X7

$3,131

BMW M5

$3,138

BMW i4

$3,149

BMW M3

$3,581

BMW M4

$3,903

Choose your cover

We’ve got a range of car insurance options for you to choose from to keep your BMW covered. Let us help take care of the insurance so you can focus on enjoying the ride!

Comprehensive car insurance

Includes cover for loss or damage to your car, plus damage your car causes to other people's cars and property.

Explore Comprehensive

Third Party Fire & Theft

Includes cover for your car against fire and theft, plus damage to other people's cars and property.

Third Party Fire & Theft

Third Party Property Only

Includes cover for damage to someone else's property.

Third Party Property Only

Comprehensive car insurance

Includes cover for loss or damage to your car, plus damage your car causes to other people's cars and property.

Explore Comprehensive

Third Party Fire & Theft

Includes cover for your car against fire and theft, plus damage to other people's cars and property.

Third Party Fire & Theft

Third Party Property Only

Includes cover for damage to someone else's property.

Third Party Property Only

Interesting facts about BMW

BMW originally made plane engines

Before WWI, BMW made engines for aeroplanes. After signing the treaty of Versailles in 1919 – which stipulated that Germany could no longer produce warplanes – BMW switched to making engines for automobiles.¹

BMW made an electric car in 1972

Back when Elon Musk was still in nappies, BMW produced an all-electric car for the 1972 Olympics in Munich. This electric version of the iconic BMW 1602 featured 12 lead-acid batteries connected to the undercarriage.²

They still make parts for vintage BMWs

BMW is beloved by vintage car enthusiasts because it’s one of the only companies that still produces parts for many of its older vehicles, some dating all the way back to the 1940s.³

The BMW building looks like an engine

Designed by architect Karl Schwanzer, the BMW ‘Hochhaus’ was inaugurated in 1973. This Munich headquarters resembles the four-cylinder engine that made BMW famous.⁴

Before WWI, BMW made engines for aeroplanes. After signing the treaty of Versailles in 1919 – which stipulated that Germany could no longer produce warplanes – BMW switched to making engines for automobiles.¹

Back when Elon Musk was still in nappies, BMW produced an all-electric car for the 1972 Olympics in Munich. This electric version of the iconic BMW 1602 featured 12 lead-acid batteries connected to the undercarriage.²

BMW is beloved by vintage car enthusiasts because it’s one of the only companies that still produces parts for many of its older vehicles, some dating all the way back to the 1940s.³

Designed by architect Karl Schwanzer, the BMW ‘Hochhaus’ was inaugurated in 1973. This Munich headquarters resembles the four-cylinder engine that made BMW famous.⁴

What might impact my BMW insurance costs?

Many different factors may affect your BMW insurance cost, including your age, location, car model and level of coverage. When you start a quote with Youi, we’ll do the maths and leave the driving to you!

Your age and driving history

How old you are, and how long you’ve been driving, is taken into consideration and can have an effect on how much you’ll pay for your insurance premiums. In addition to age and experience, your driving history is also considered.

The model of your BMW

Car insurance premiums are calculated based on what it would cost to repair or replace your vehicle. Therefore, pricier BMWs with higher-end features are likely to incur higher premiums.

Suburb where car is kept

Your location plays a significant role in how car insurance is priced. The crime rate in each suburb is a factor: if your car is parked in a suburb where there are high incidents of vandalism and theft, your insurance will tend to be higher compared with a safer suburb.

Level of cover

We offer a range of different options so you can choose the right level cover to suit your BMW insurance needs. With our Third Party Property Only option, if you’re involved in an incident and are at fault, your policy will generally only cover damage to the other person’s car or property. Alternatively, our Comprehensive car insurance option includes loss or damage to your car for insured events, as well as damage your car causes to a third party’s car or property.

Your age and driving history

How old you are, and how long you’ve been driving, is taken into consideration and can have an effect on how much you’ll pay for your insurance premiums. In addition to age and experience, your driving history is also considered.

The model of your BMW

Car insurance premiums are calculated based on what it would cost to repair or replace your vehicle. Therefore, pricier BMWs with higher-end features are likely to incur higher premiums.

Suburb where car is kept

Your location plays a significant role in how car insurance is priced. The crime rate in each suburb is a factor: if your car is parked in a suburb where there are high incidents of vandalism and theft, your insurance will tend to be higher compared with a safer suburb.

Level of cover

We offer a range of different options so you can choose the right level cover to suit your BMW insurance needs. With our Third Party Property Only option, if you’re involved in an incident and are at fault, your policy will generally only cover damage to the other person’s car or property. Alternatively, our Comprehensive car insurance option includes loss or damage to your car for insured events, as well as damage your car causes to a third party’s car or property.

FAQs

Got questions about our BMW insurance options? You might find the answers here.

CAR INSURANCE TERMINOLOGY

The cost of BMW insurance will depend on a range of factors, including the model and its specifications. In saying that, the average annual Youi insurance premium for a BMW is $1,924. Compare this to some other car makes we insure, such as Lexus, with an average annual premium of around $1,257 and Mercedes-Benz, with an average annual premium of about $1,585. To get a specific idea of how much your BMW might cost to insure with Youi, start a quote.

How we calculate these numbers

There are many variables that may affect the cost of your car insurance, but on average, the BMW X1 is the cheapest BMW to insure if you choose Youi. The average annual Youi insurance premium for the X1 is around $1,501, which is about 22% lower when compared to the other BMW models we cover.

How we calculate these numbers

‘Excess’ refers to the amount of money you’ll need to pay if you make a claim that’s accepted by your insurer. If you’re fine with paying a large amount of excess (in the event that you have to make a claim), your annual insurance premium is likely to be lower. Excess is payable once your insurance company accepts your claim.

The cost of your insurance will depend on a number of factors, including how expensive it is to repair or replace your vehicle. With Youi, average annual insurance premiums for Honda cars tend to be less expensive when compared with the average cost of BMW insurance. However, we recommend that you start a quote with us today to find out for sure.

CAR INSURANCE TERMINOLOGY

Guides

We’ve put together the following articles to help you navigate your car insurance needs and answer some commonly-asked questions.

Is Car Insurance Compulsory in Australia?

Is car insurance compulsory in Australia? Discover what’s required, what’s optional and why saving on car insurance might not be as simple as you think.

Chelsea Spresser, February 25, 2026

What people are saying

Excellent

4.7 / 5 from over 30,462 reviews.

15 Jul 2025

Great customer service

Loni was great, she explained my new policy for car insurance, was very helpful & cheery. I needed some time to think about my policy which was no problem at all & she arranged a time which suited to call back the next day. Customer service was great.

15 Jul 2025

Youi is simply the best

Youi is simply the best. Special thanks to Bryan. Incredibly professional, caring and made the process of getting the best quote seamless. Thank you!

15 Jul 2025

Fantastic service

Fantastic service, staff were amazing. Made the changes I requested to make so easy to do. Also had a quick look at my other policies and was able to save me some money on my monthly installments. Great result, very happy.

15 Jul 2025

Try Youi - so competitive with price!!

I’d done my research on policies and companies. It was a mine field. Quinn was a breath of fresh air. Friendly, professional and boy he knew his products and insurance was his specialty. Signed up on the spot. Beat every price offed I had received from all other companies. So happy. Try Youi. Honestly so competitive.

30 Jun 2025

Customer Service was outstanding

Customer Service was outstanding, he answered all of my questions and was very helpful. Thank you 😊

30 Jun 2025

Great company to deal with

I love the fact you don't have a million options to go through before you get to talk to a human and the waiting times are non-existent. The agent - Lucy I think, was great and very helpful. I find Youi insurance to be competitive and flexible - great job!

26 Jun 2025

Very personable

Very personable, to the point, easy, and quick. I wouldn't go anywhere else. Never had a bad experience as long as I've been with them.

29 May 2025

Good Service, Good Price.

Ash was awesome. Answered all my questions and what I’m getting with my policy and paying is way better than my previous policy with another company. Easy, no stress and saved good money, what more could you ask for.

28 May 2025

Nicole was absolutely amazing

Nicole was absolutely amazing. She listened, was friendly and willing to help. She really knew the policies inside out and answered every question without hesitation. Excellent customer service!

28 May 2025

Youi Staff and Service

Youi staff and service are transparent, reliable and always deliver. They are easy to contact with minimal wait time and have a real personal ready to chat about your needs. Thank you YOUI 🤗.