The BMW 1 Series is known for its sporty performance, premium design, and advanced technology features. With various body styles including hatchbacks and sedans, the BMW 1 Series remains a popular choice for those seeking a blend of performance and everyday usability. However, you should be keen while choosing an insurance policy for your BMW 1 model. The wrong provider can cause you huge loss.
On average, the BMW 1 series insurance will cost $2,040 per year. However, there are ways you can cut costs on your BMW 1 series insurance policy – especially by choosing the right kind of service provider.
It‘s now easier than ever to get a free quote for your BMW 1- use Way.com to find multiple vetted insurance providers and compare deals in just minutes!
Several factors can impact the premium rates of your BMW 1 Series' insurance. The given is some of the common factors:
Older BMW 1 models will generally cost lesser to insure, because newer models with better features and equipment may have already entered the market. However, certain older models have higher insurance premium rates due to their high repair and maintenance costs.
The average auto insurance premium for a 2013 BMW 1 model is $1,714/year, which is lower than the previous models.
| Model Year | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| 2013 BMW 1 Series | $142.83 | $1,714 |
| 2012 BMW 1 Series | $150.83 | $1,810 |
| 2011 BMW 1 Series | $146.08 | $1,753 |
USAA offers the cheapest insurance rates with an annual premium of $1,656/year followed by Nationwide.
Remember that the cheapest rates don't always mean the best. You'll need to make a thorough comparison of the offer and check if it includes all the features you want.
| Company | Average Monthly Rate | Average Annual Rate |
|---|---|---|
| USAA | $138 | $1,656 |
| Nationwide | $150 | $1,800 |
| Allstate | $151 | $1,812 |
| Progressive | $160 | $1,920 |
The average car insurance cost for a 2013 BMW 1 model is $1,714 per year. However, Erie offers the cheapest rates, with an annual rate of $902.
| Company | Average Monthly Rate | Average Annual Rate |
|---|---|---|
| Erie | $75.17 | $902 |
| USAA | $90.33 | $1,084 |
| Vermont Mutual | $93.08 | $1,117 |
| Acuity | $94.33 | $1,132 |
| Tennessee Farmers | $97.83 | $1,174 |
| Plymouth Rock Insurance | $99.00 | $1,188 |
| State Farm | $99.50 | $1,194 |
| Nationwide | $103.67 | $1,244 |
| Allied | $105.17 | $1,262 |
| American Family | $113.58 | $1,363 |
| Arbella | $114.08 | $1,369 |
The average car insurance cost for a 2012 BMW 1 model is $1,810 per year. However, Erie offers the cheapest rates, with an annual rate of $898.
| Companies | Average Monthly Rate | Average Annual Cost |
|---|---|---|
| Erie | $74.83 | $898 |
| USAA | $83.58 | $1,003 |
| Vermont Mutual | $88.33 | $1,060 |
| Acuity | $90.33 | $1,084 |
| Plymouth Rock Insurance | $95.33 | $1,144 |
| Tennessee Farmers | $96.92 | $1,163 |
| State Farm | $97.83 | $1,174 |
| Allied | $98.08 | $1,177 |
| Nationwide | $103.00 | $1,236 |
| American Family | $107.17 | $1,286 |
| Country | $112.25 | $1,347 |
The average car insurance cost for a 2011 BMW 1 model is $1,753 per year. However, Erie offers the cheapest rates, with an annual rate of $862.
| Company | Average Monthly Rate | Average Annual Rate |
|---|---|---|
| Erie | $71.83 | $862 |
| USAA | $82.67 | $992 |
| Vermont Mutual | $82.75 | $993 |
| Plymouth Rock Insurance | $93.08 | $1,117 |
| Tennessee Farmers | $94.17 | $1,130 |
| Allied | $95.17 | $1,142 |
| State Farm | $97.58 | $1,171 |
| Nationwide | $98.42 | $1,181 |
| Arbella | $99.58 | $1,195 |
| Acuity | $101.92 | $1,223 |
| American Family | $103.25 | $1,239 |
BMW 1 Series comes with a range of safety features, which can help reduce the insurance rates when you apply.
Some of the installed features include:
Simply download the Way App or head to the Way.com website to start your auto insurance journey and get a free quote in just minutes! Compare offers from more than 150 different insurance providers on our platform, which lets you choose the best policy for your BMW 1- all in as little as 60 seconds!
Factors like the driver's age, driving record, location, vehicle model year, and chosen coverage influence the insurance cost.
The BMW 1 Series is a luxury car, which can make it more expensive to insure compared to other non-luxury vehicles. However, with the right coverage, it can be affordable.
Having a poor driving record can significantly increase insurance premiums. However, many insurance companies still offer coverage with higher rates. Some may require additional documentation or proof of improved driving habits.
Most drivers opt for comprehensive coverage, collision insurance, liability insurance, uninsured motorist coverage, and medical payments coverage for the BMW 1 Series.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
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