Insuring a BMW 3 Series: everything you need to know

Jump to
Deep pockets
Insurance hroups
Breaking down the costs
Shop around for insurance

Since launching in 1975, the BMW 3 Series has sold more than 15 million cars worldwide. It’s BMW’s best seller by far, and a standard-setter in the ‘compact executive’ car category.

Power, performance and deep pockets

Power, performance, and on-the-road presence make the BMW 3 Series popular with drivers across all age groups. Its range of body shapes gives it wide appeal too. Over the years it’s come in coupe, sedan, estate, convertible, and even hatchback versions. The M3, launched in 1986, packs in more muscle than the standard 3 Series, putting it in the wannabe sportscar league.

If a BMW 3 Series is your dream ride, you’ll need deep pockets. They range from insurance groups 18 to 50 (out of a possible 50), so they’re not the cheapest cars to insure. Some are eye-wateringly expensive, like a 2018 BMW M3 3 litre BiTurbo Competition 4-door, in group 45, which costs upwards of £1,839 to insure per year (and that’s for a low-risk driver!).

The 316d range is generally the most affordable model in the 3 Series family, but even these can cost well over £650 a year to insure.

Insuring a BMW 3 Series can be expensive - but there are cheaper options (like the 3 Series 316d SE 4-door model).

BMW 3 insurance groups

With insurance prices varying so much, we’ve crunched the numbers and found a selection of the cheapest and most expensive 3 series to insure.

Some of the cheapest 3 Series to insure

  • 3 Series 316d SE 4-door (2012-19) - Group 18
  • 3 Series 316d Sport 5-door (2012-19) - Group 18
  • 3 Series 316d ES 4-door (2012-19) - Group 20
  • 3 Series 316d Sport (Business Media) 4-door (2012-19) - Group 20

Some of the most expensive 3 Series to insure

  • M3 DCT 4-door (2014-18) - Group 45
  • M3 Convertible Limited Edition 500 2-door (20017-13) - Group 45
  • M3 30 Jahre Edition M DCT auto 4-door (2012-19) - Group 47
  • M3 CS M Double Clutch Transmission auto 4-door (2012-19) -Group 50
Get a fairer policy price ⬇️
Our new Smart Pricing feature factors how well you drive into your quote and could help you get a fairer price for car insurance! Learn more

Breaking down the costs

Cars in higher insurance groups usually cost more to insure, and powerful engines make insurance more expensive too. That’s because they are seen as more likely to be in an accident. A 2013 M3 Convertible DCT, with a 4-litre engine, costs a £25,000 to buy, but insurance starts from £1,550 when paid upfront for a year (and with a £700 excess).

A newer 2018 316d SE Touring 2 litre 3 Series with five doors is a far more affordable option, in group 18. It costs around £15,980, with insurance from £720 upwards. You’ll pay a similar amount to insure an older 2013 320d SE 2-door (group 30) – about £750 and up – but with a much cheaper purchase price of around £8,000.

If fuel consumption or carbon emissions are a decision-factor (don't forget about the expanded ULEZ!), it’s worth noting that these aren’t the most efficient cars around, and BMW has not yet developed a fully electric version. There is, however, a plug-in hybrid 330e model. A 2016 330e 2 litre 4-door costs between £11,000 and £17,000, but insurance can cost over £1,000 a year – which might not make up for savings in petrol.

Bottom line? There’s a certain amount of status that comes with a BMW and, love or hate them, the 3 Series maintains its place as an aspirational car across the world. For BMW enthusiasts, it’s a go-to model, but younger or thriftier drivers might find it a stretch too far budget-wise.

If you’re in the market for a BMW 3 Series, you can use Cuvva’s free car insurance group checker to check its insurance group before buying.

Read more
How insurance claims work. Learn more

Shop around for insurance

Whatever model you choose, the next step is to find an insurance policy that is right for you. With Cuvva’s temporary car insurance, you can get cover for as little as one hour.

Our subscription policy offers monthly car insurance on a rolling basis - with no nasty cancellation fees.

And don’t forget to check out our Smart Pricing - the better you drive, the more you could save.

Updated on 12th November 2021