BMW M340I 2020
Jonathan from Anjou
$3649 /year
Premium computed in September 2025
The 2020 BMW M340i is a luxury sports sedan that represents the pinnacle of the 3 Series range, just below the M3. Equipped with a turbocharged 3.0-liter inline-six engine producing 382 horsepower, it offers impressive performance with blistering acceleration. Its balanced chassis, precise steering, and optional xDrive all-wheel drive make it both dynamic and comfortable for daily use.
Insurance premiums for the 2020 BMW M340i show a significant upward trend between 2022 and 2025. Starting at $1246 in 2022, they nearly doubled to $2489 in 2023, then remained relatively stable at $2466 in 2024, before experiencing a sharp increase to $3766 in 2025. This evolution likely reflects increasing repair costs and the risk profile of this high-performance model.
To find the best insurance for your BMW M340I 2020 vehicle, it is more important than ever to compare the available options.
Insurance premiums for the 2020 BMW M340i vary significantly by city. Montreal shows the highest costs at $3828, followed by Terrebonne at $3261 and Laval at $3122. Quebec stands out as the most economical option with average premiums of $2346, approximately 39% cheaper than Montreal. This disparity reflects differences in urban density and claims rates between these regions.
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 |
|---|---|
| LAVAL | $3121.76 |
| QUÉBEC | $2345.92 |
| TERREBONNE | $2435.70 |
To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :
Disclaimer: This article is intended for information purposes, with the sole objective of providing food for thought. Under no circumstances should it be construed as advice regarding insurance solutions. Only a duly certified insurance professional is qualified to analyze your personal situation, discuss your needs with you and advise you on insurance solutions.
