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BMW Car Insurance

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BMW is a German automaker known for balancing performance and technical refinement. The brand targets drivers seeking a dynamic driving experience, refined interiors, and advanced technology, while maintaining a premium positioning within the automotive segment.

BMW CAR INSURANCE RATES OVER THE LAST 5 YEARS.

Between 2021 and 2026, average premiums for BMW vehicles fluctuate significantly, starting at $4459 in 2021 before dropping to $1578 in 2023, then gradually climbing back to $2162 in 2026. This variation reflects notable adjustments in insurance costs over the years rather than a stable linear trend.

To find the best insurance for your BMW vehicle, it is more important than ever to compare the available options.

How much does insurance for your BMW cost in Quebec?

The highest BMW premiums are found in Montreal ($3448) and Laval ($2735), while Trois-Rivières ($1352), Saguenay ($1432), and Drummondville ($1498) show the lowest amounts. The gap between the most expensive and most affordable cities exceeds $2000, highlighting significant geographic variation.

To get the exact cost for your situation, the best approach is to compare offers from several insurers. Using our Clicassure comparison tool, you can easily find the best premium tailored to your needs.

City Average price over the last 12 months
BROSSARD $1626.55
DRUMMONDVILLE $1528.42
GATINEAU $1834.27
LAVAL $2819.48
LÉVIS $1540.55
LONGUEUIL $2224.33
MONTRÉAL $3523.86
QUÉBEC $2175.48
REPENTIGNY $1921.42
Saguenay $1425.37
SAINT-JEAN-SUR-RICHELIEU $2125.25
SAINT-JÉRÔME $1664.96
SHERBROOKE $1780.11
TERREBONNE $2257.15
TROIS-RIVIÈRES $1346.33

Frequently asked questions (FAQ)

How much does it cost to insure a BMW?
The average premium for a BMW varies by year, ranging from $1352 to $3448 depending on the city. In 2026, the provincial average stands at $2162.
Is auto insurance mandatory in Quebec?
Yes. In Quebec, minimum civil liability coverage of $50,000 is mandatory for any road vehicle driven on public roads.
Why did BMW premiums vary so much between 2021 and 2026?
The average premium dropped from $4459 in 2021 to $1578 in 2023, before rising again to $2162 in 2026. These shifts may reflect changes in available data or insurance costs tied to the premium segment.
Which city offers the cheapest BMW insurance?
Based on the data provided, Trois-Rivières ($1352), Saguenay ($1432), and Drummondville ($1498) post the lowest average premiums for a BMW vehicle.
Why does Montreal show the highest BMW premium?
At an average of $3448, Montreal stands well above other cities, likely due to urban density, traffic volume, and higher claim frequency in the metropolitan area.
What factors influence the premium of a BMW?
High replacement value, specialized parts costs, and the power of several BMW models contribute to premiums that generally exceed the market average.
How can I lower my BMW insurance premium?
Comparing quotes from several insurers, bundling auto and home coverage, and checking discounts tied to your driving record are effective ways to reduce the premium.

Offers received by our customers on BMW cars

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Methodology

To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :

  • Analysis period: Our analyses are based solely on insurance submissions collected over the millions of submissions in recent years, thus guaranteeing the relevance of our comparisons.
  • Real-world comparisons: We only use data from insurance submissions that actually resulted in a sale.
  • Proven savings: The results presented only reflect cases where the user has saved money thanks to our comparison tool.
  • Last updated: 07/08/2026