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Simplify your car insurance search and quickly and easily find cover online for your BMW.
Fact checked
BMW is a leading luxury car brand in Australia, offering a range of models that combine style, performance and cutting-edge technology. Whichever model you have, it’s essential you have appropriate car insurance cover in place.
Whether you drive a 1 Series or BMWi, you can compare multiple car insurance options online for your BMW. Get quotes from leading insurers in Australia so you can find the cover that suits your needs. Get started today with a free, no-obligation quote.
The insurance costs for a BMW in Australia can vary depending on a number of factors relating to your car, your insurer and yourself.
To give an example, if you wanted to insure your 2020 BMW 3 Series 4-door sedan, you could expect to pay premiums of between approximately $1,538 and $4,340 annually, or $148 and $406 per month, assuming a $900 excess. This is based on the following assumptions:
Please note the above premiums were sourced in June 2023 from a range of Australian car insurance providers. This quote may change depending on a number of factors specific to you and your profile.
You can compare offers for all BMW models currently available in Australia, including the following:
How much and how far you drive your BMW can impact your insurance cost. Higher mileage generally implies more time on the road and increases the likelihood of accidents, so insurers may charge more. Meanwhile, driving less could reduce your premiums.
Where you park your BMW overnight or during the day can affect your insurance rate. If you have a secure garage or live in an area with low crime rates, your premiums may be lower compared to parking on the street in a high-theft or high-accident area.
Your previous car insurance claim history can influence the cost of insuring your BMW. If you have a history of filing claims for accidents or damage, insurers may view you as a higher risk and increase your premiums accordingly.
Modifications made to your BMW, such as engine enhancements, body kits or aftermarket accessories, can affect your insurance premium. Insurers may consider modified vehicles to have a higher risk of accidents or theft, leading to potentially higher premiums.
Younger and less experienced drivers often face higher insurance premiums due to their higher risk profile. Meanwhile, more experienced drivers may enjoy lower premiums as their track record demonstrates responsible driving behaviour and reduced risk of accidents.
The most basic type of optional cover available, TPPD insurance can offer protection for damage caused by your vehicle to other people's property. However, no damage to your vehicle will be covered.
A step up from TPPD, TPFT insurance can also cover damage to your vehicle sustained due to a fire or theft (or attempted theft) in addition to third-party property damage if you're in an at-fault accident.
The most extensive (and expensive) form of cover, comprehensive car insurance can also offer cover for damage to your vehicle in an accident, collision and certain weather events on top of the areas TPFT covers.
Select your car make and find out how much it may cost to insure, read helpful guides and compare quotes.
Disclaimer:
Savvy (ABN 78 660 493 194, ACR 541 339) provides readers with a variety of car insurance policies to compare. Savvy earns a commission from our partnered insurers each time a customer buys a car insurance policy via our website. All purchases are conducted via our partners’ websites. The integrity of our comparison service is unaffected by our partnerships with those businesses and our effort remains to bring further brands that do not already use our comparison service onboard.
Savvy’s comparison service includes selected products from a panel of trusted insurers and does not compare all products in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy. We always recommend readers to consult the Product Disclosure Statement (PDS) of different policies before purchasing your car insurance.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
