Find and compare cheap insurance quotes

BMW M340I 2021 Car Insurance

View offers received by our clients for their BMW M340I 2021 car insurance

Click here to save on your car insurance

The 2021 BMW M340i is a premium sport sedan blending performance and refinement, powered by a turbocharged six-cylinder engine. It appeals to drivers seeking a dynamic experience without sacrificing daily comfort or the prestige of the Bavarian brand.

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

Between 2021 and 2026, premiums for the 2021 BMW M340i show marked volatility: they drop from $2246 to $1089 in 2023, then climb sharply to $3208 in 2025, before easing to $2641 in 2026. This fluctuation may reflect changes in risk profile or data availability across years.

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?

Among the cities provided, Montreal shows the highest premium at $7271, well above Laval ($3451) and Terrebonne ($2510), which posts the most affordable amount for this model.

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 insurance cost for a 2021 BMW M340i?
The average premium for a 2021 BMW M340i has varied significantly by year, ranging from $1089 in 2023 to $3208 in 2025, with a value of $2641 in 2026.
Why did the M340i's premium fluctuate so much between 2021 and 2026?
Premiums dropped from $2246 in 2021 to just $1089 in 2023, then jumped to $3208 in 2025. This volatility may stem from changes in data volume or the risk profile assessed each year.
Which city is most expensive to insure an M340i in?
Based on the data provided, Montreal shows the highest premium at $7271, compared to $3451 in Laval and $2510 in Terrebonne.
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.
What factors influence the premium for a BMW M340i?
Engine power, specialized parts costs, the vehicle's sporty classification, and city of residence strongly influence the premium, which can range from $2510 to over $7000 depending on context.
How can I lower my M340i premium in Montreal?
Comparing multiple insurer quotes, considering a higher deductible, and bundling policies can help offset the large gap seen between Montreal ($7271) and other cities.

Offers received by our customers on BMW M340I 2021 cars

Similar brands

MERCEDES-BENZ
C43
AMG
AUDI
S4
GENESIS
G70
ALFA
ROMEO
GIULIA

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: 08/13/2026

Explore other car insurance premiums

BMW M340I 2021 by city

Other BMW models