BMW car insurance

There are a few things you can do to save on your car insurance regardless of your age, location and driving history:

Shop around and compare quotes

Compare car insurance quotes to make sure you're getting the best deal for your cover. According to our data you may find the best prices for your policy if you buy cover around 20 days before your renewal date².

Estimate your mileage accurately

Typically, the more miles you drive, the more your insurance will cost. This is because driving more puts you at a higher risk of making a claim. Our customers drive around 6,500 miles per year, on average². If you don't drive many miles, you might benefit from a pay-as-you-go policy.

Improve your car's security

pto reduce the chance of car theft. Adding a steering wheel lock, car tracker or immobiliser can all help. If you have the option, parking in a secure garage rather than a dimly lit street can also help reduce the risk of your BMW being stolen.

Build up your no-claims bonus (NCB)

Most insurers will offer a discount for each year of NCB you've got. Look out for policies with NCB protection available as this will allow you to make a certain amount of no-fault claims without losing your NCB.

²Based on Confused.com data, Q4 2024.

Pay annually rather than monthly

It costs more to pay for your insurance monthly rather than with one annual payment. This is due to the additional interest costs insurers add to your total monthly price.

Add a named driver

Adding a driver with a good driving record and experience to reduce the cost of your insurance. Young drivers in particular can benefit from this, although you need to be honest about who the main driver is. Otherwise you may 'fronting', which is illegal and likely to invalidate your insurance.

Increase your voluntary excess

Many drivers opt for a voluntary excess of £250. But, the higher you set your excess, the lower the cost of your insurance may be. If you can afford to set it a little higher, you might be able to reduce your overall costs.

Insurance costs are determined by a number of factors, these include:

• Where you live: living in rural areas that are less built-up could mean you're at less risk of theft. More built-up areas with higher rates of vehicle theft will mean you're likely to pay more for insurance.
• Your age: younger drivers are generally considered higher risk by insurers because they normally have less experience on the roads than older drivers. It also means that statistically they're more likely to be involved in an accident.
• Your occupation: insurers consider some jobs to be more risky than others. Factors such as how much time you spend on the road, where your car is likely to be kept while you're working or the types of people you're likely to associate with are all taken into account.
• The car you drive. Cars are grouped from 1-50 for insurance purposes. Typically, the higher the group, the more expensive your insurance will be.

Check what car insurance group your BMW is in