BMW 3 Series insurance rates

Shedding light on car insurance prices

Average BMW 3 Series insurance rates

The average comprehensive insurance policy for a BMW 3 Series is $154 a month — or $1,640 a year. Your actual cost could be more or less depending on your driving record, the number of kilometres you drive in a year and other factors. To determine our estimated cost, we aggregated quotes from 5 insurance companies using this profile:

  • 2017 BMW 3 Series
  • Over 30,000 kilometres driven yearly
  • No accidents in the past five years
  • Driver located in Sydney
  • Car parked in garage at night
  • Black vehicle

About the BMW 3 Series

BMW 3 Series Insurance Finder
The BMW 3 Series model has been around since 1975. The 3 Series model accounts for approximately 30% of BMW’s total annual sales, making it the top selling BMW model in the world. In 2017, there were more than 2,500 models sold in Australia.

Insurance companies determine the insurance cost for a BMW 3 Series based on safety ratings, theft rates, replacement costs and overall damage susceptibility. Insurance rates can change based on a driver’s history and location.

BMW shoppers should grab quotes from several insurance companies to find the lowest premium possible before they commit. BMW 3 Series shoppers should also do their research and see if they qualify for insurance discounts with each insurance company.


Compare insurance providers that cover the BMW 3 Series

Name Product Roadside Assistance Accidental Damage Storm Choice of Repairer Agreed or Market Value
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Awarded the 2019 Finder Award for the Best Value Car Insurance, this policy offers solid coverage at a low cost. Budget Direct’s claims service has received a 4.2/5 based on nearly 5,000 customer reviews.

Who it might be good for: People who want a comprehensive policy without breaking the bank.
Bingle Comprehensive
Market
Finder's summary: Bingle consistently come up as one of the cheaper insurers out there. They only cover the basics, so you don't get to choose your own repairer, you're not covered for personal items in the car and you won't get a hire car if your car is stolen. But this keeps their premiums low.

Who it might be good for: Someone who wants a low cost option that covers them for the basics.
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You'll be able to pick and choose how comprehensive you want your cover to be thanks to optional extras like roadside assistance, choice of your own repairer, and the option of agreed or market value. Plus, you'll earn Qantas Points when you join and get access to the Qantas Wellness App.

Who it might be good for: People who love collecting frequent flyer points.
Poncho Comprehensive
Agreed
Finder's summary: Poncho works like a monthly subscription - you pay monthly and can cancel and leave at anytime. You can also list multiple cars and drivers under one policy, making it ideal for families and groups living together under one household.

Who it might be good for: People who only need cover for a short period of time.
Youi Comprehensive
Optional
Agreed or Market
Finder's summary: Youi Comprehensive Car Insurance is one of the few providers to include roadside assistance in their policy. You'll also get access to YouiRewards which gives you discounts on furniture, parking and more. Youi also have a live chat feature on their site to talk through any questions.

Who it might be good for: People over 25 who want comprehensive cover with a focus on customer service.
Stella Comprehensive
Optional
Agreed or Market
Finder's summary: Stella’s a female-focused insurer. They'll cover you if your car is damaged as a result of domestic violence. They offer higher cover for baby gear than most, with up to $2,000 cover for prams, strollers and child seats. You get a free Bauer magazine subscription when you sign up and a portion of your premiums go to supporting female-led businesses.

Who it might be good for: Someone who wants a female-centred car insurance policy (they'll cover men too!).
Coles Comprehensive
Optional
Agreed or Market
Finder's summary: Coles have two-tiers of comprehensive car insurance to choose from. You'll earn double flybuys points at Coles supermarkets and you can get $10 off your Coles grocery bill every time you redeem 2,000 Flybuys points. If you're over 30, you can get roadside assistance free for a year.

Who it might be good for: Coles customers and Flybuys collectors.
Virgin Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Finalists for the 2019 Finder Awards for Best Value Car Insurance, Virgin Comprehensive provides a good level of cover for a decent price. You'll get 15% off on your first year’s premium when you buy online and get access to their hail hero service. Plus, get a $100 e-Gift card when you purchase a new policy by 30 November 2020 (T&Cs apply).

Who it might be good for: People who want a comprehensive policy that's affordable.
Real Comprehensive
Optional
Agreed or Market
Finder's summary: Real Comprehensive Car Insurance provides similar coverage to other insurers for the important stuff like looking after your car if it's stolen or you crash. They're also one of the few insurers who offer a Pay As You Drive policy, so you might be able to save big if you don't drive much.

Who it might be good for: Those that don't drive much can take advantage of their Pay As You Drive policy.
Kogan Comprehensive
Optional
Agreed or Market
Finder's summary: Kogan comes with all the perks that most comprehensive car insurance policies include but you'll also be entitled to some benefits on their online store. This usually comes in the form of a gift voucher or discount if you buy online. Plus, Kogan offer a pay as you drive option, which could be good if you're not on the road that much.

Who it might be good for: Kogan shoppers and those that don't drive much.
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Compare up to 4 providers

Random BMW Facts

  • BMW was founded in 1917 and entered the aircraft manufacturing market. They started manufacturing cars in 1928.
  • The 3 Series is the best selling BMW model in the world.
  • After World War II, BMW switched to producing pots, pans and bicycles until 1948, when they restarted motorcycle production.
  • BMW prices start at $39,900 and can go up to a huge $299,000.
  • BMW Minis were introduced to Australia in 1971.

How does the BMW 3 Series compare?

A 2017 BMW 3 Series starts at a base price of $39,990. With the average insurance rate at $1,640 per year, the annual insurance cost–to–base car price ratio is 4.1%.


How safe is the BMW 3 Series?

The 3 Series was awarded a 5-star safety rating by the Australiasian New Car Assessment Program (ANCAP). It received a perfect 16 out of 16 score for its side impact crash test and an excellent 15.76 out of 16 for its frontal offset crash test.

The latest model of the BMW 3 Series includes head-protecting side curtains, anti-lock brakes and electronic stability control.


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3 Responses

  1. Default Gravatar
    EdwardFebruary 5, 2019

    Would like the best, cheapest and most reliable insurance for a BMW E90, 320i, 2006 model, please.

    • Avatarfinder Customer Care
      JeniFebruary 13, 2019Staff

      Hi Edward,

      Thank you for getting in touch with finder.

      Please note that the cost of the policy depends on different factors i.e. car model, body type, car make etc. that’s why we are unable to display quotes generally and compare which has the cheapest rate for your car. Kindly click on the “Go to site” button of your chosen insurer so you can fill-out your specific details and can get the accurate quote.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    • Avatarfinder Customer Care
      JoshuaFebruary 10, 2019Staff

      Hi Edward,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      As a comparison website, we are not permitted to provide a specific recommendation to our users. However, you can use our table above to compare your options based on their features such as roadside assistance, accidental damage, and others. It should give you a general idea of what each insurer offers. Once you found the right one for you, click on the “Get Quote” button to obtain a quote.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

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