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BMW M340I 2021 Car Insurance

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The 2021 BMW M340i is a high-performance sport sedan blending 3 Series premium comfort with a powerful six-cylinder engine. It appeals to drivers seeking dynamic performance without sacrificing everyday refinement.

BMW M340I 2021 CAR INSURANCE RATES OVER THE LAST 5 YEARS.

From 2021 to 2026, premiums for the 2021 BMW M340i fluctuate significantly, moving from $2246 to $2096, dropping to $1089 in 2023, then rising to $3208 in 2025 before settling at $2641 in 2026. This volatility makes a linear trend difficult to establish.

To find the best insurance for your BMW M340I 2021 vehicle, it is more important than ever to compare the available options.

How much does insurance for your BMW M340I 2021 cost in Quebec?

The average premium varies significantly among the provided cities: Montreal shows the highest amount ($7271), followed by Quebec City ($4220) and Laval ($3451), while Terrebonne posts the lowest premium ($2510).

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 $3451.21
MONTRÉAL $7271.28
TERREBONNE $2510.05

Frequently asked questions (FAQ)

How much does it cost to insure a 2021 BMW M340i?
The average premium for a 2021 BMW M340i varies by reference year, ranging from $1089 in 2023 to $3208 in 2025, with a $2641 amount in 2026.
Is auto insurance mandatory in Quebec?
Yes. In Quebec, minimum civil liability coverage of $50,000 is mandatory for any vehicle driven on public roads.
Why does the M340i premium fluctuate so much year to year?
The data shows strong volatility, dropping to $1089 in 2023 before rising sharply to $3208 in 2025. These swings may reflect shifts in insured driver profiles or repair costs.
Which city has the highest cost to insure an M340i?
Based on the data provided, Montreal shows the highest premium ($7271), followed by Quebec City ($4220), while Terrebonne is the most affordable ($2510).
What factors influence the premium for a BMW M340i?
Engine power, sport classification, specialized parts costs, and high replacement value all contribute to a premium often above standard sedans.
How can I reduce my premium for an M340i?
Comparing quotes from multiple insurers, raising your deductible, or bundling auto and home insurance can help lower the amount paid annually.

Offers received by our customers on BMW M340I 2021 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