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BMW 340I Car Insurance

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The BMW 340i is a premium sport sedan combining dynamic performance with German refinement. Its turbocharged engine and precise handling appeal to drivers seeking prestige paired with an engaging everyday driving experience.

BMW 340I CAR INSURANCE RATES OVER THE LAST 5 YEARS.

From 2021 to 2026, premiums for the BMW 340i fluctuate with an overall upward trend, moving from $1504 to $3386. After variation between 2021 and 2025, a marked increase occurs in 2026, possibly reflecting higher repair costs.

To find the best insurance for your BMW 340I vehicle, it is more important than ever to compare the available options.

How much does insurance for your BMW 340I cost in Quebec?

Among the provided cities, Repentigny ($2686) and Quebec City ($2253) show the highest premiums for the BMW 340i, while Lévis ($1268) and Montreal ($1314) offer the lowest amounts, revealing a significant geographic gap.

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
LÉVIS $1267.53
MONTRÉAL $1300
QUÉBEC $2253.28
REPENTIGNY $2685.76

Frequently asked questions (FAQ)

How much does auto insurance cost for a BMW 340i?
The average premium for a BMW 340i varies by year, ranging from $1504 in 2021 to $3386 in 2026, with notable fluctuations across these periods.
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 the BMW 340i premium rise sharply in 2026?
The premium jumps from $2388 in 2025 to $3386 in 2026, a significant increase likely tied to rising parts and repair costs for this premium sports sedan.
Which city offers the lowest insurance cost for a BMW 340i?
Based on the data provided, Lévis ($1268) and Montreal ($1314) show the lowest average premiums, compared to Repentigny ($2686) and Quebec City ($2253).
What factors influence the premium of a BMW 340i?
Its classification as a premium sport sedan, high parts value, specialized labor costs, and engine power directly influence the premium amount.
How can I lower my premium for a BMW 340i?
Comparing quotes from several insurers, raising your deductible, and bundling auto with home insurance are effective ways to reduce costs for this type of vehicle.

Offers received by our customers on BMW 340I 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