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BMW drivers pay around $442 per month for full coverage car insurance, according to Jerry’s data analysis.

BMW is a long-standing symbol of German engineering and performance, known for its engaging driving dynamics, refined design and forward-thinking innovation. With roots that reach all the way back to 1913, BMW — which stands for Bayerische Motoren Werke GmbH — has spent over a century earning a loyal following with standout models like the 3 Series, 5 Series and high-performance M division.

Today, the brand continues to evolve, expanding its lineup with plug-in hybrids, all-electric vehicles like the i4 and iX and a growing range of SUVs to meet shifting consumer preferences. The brand has exceeded multiple annual sales records in recent years, showing a strong trajectory in the U.S. market. While BMW continues to thrive globally, factors like rising vehicle complexity and premium parts can influence ownership costs, including auto insurance.

BMW drivers pay an average of $5,304 per year for car insurance, though your actual rate will depend on your model, location, driving history, and coverage needs. Luxury vehicles like BMWs typically cost more to insure due to their advanced technology and higher repair costs, so it’s essential to compare car insurance quotes to find the best rate for your unique profile.

How much does BMW car insurance cost?

On average, BMW car insurance costs $442 per month for full coverage, according to the most recent analysis of Jerry data. Minimum liability coverage costs an average of $201 per month.

Here’s what BMW drivers can expect to pay for full coverage car insurance on different BMW models, based on recent Jerry insurance quotes.

If you have a loan or lease on your vehicle, the lender will require full coverage. You may also need gap insurance, which can help you pay off your loan if your car is totaled.

Full coverage insurance isn’t required for every vehicle, but it offers the highest level of financial protection. If you’re considering state minimum coverage instead, here’s what drivers of various BMW models can expect to pay based on recent quotes from Jerry customers.

Factors that impact BMW car insurance costs

Insurance premiums are calculated individually for each driver based on several factors, including the BMW model you drive, its age and whether it’s a compact sedan like the 3 Series or a high-performance SUV like the X7 M60i. Insurance companies will also weigh personal details like your age, location, driving record, annual mileage and the level of coverage you choose when determining your insurance costs.

When shopping for BMW car insurance, here are some key factors that can influence your premium:

• Vehicle safety. BMWs are equipped with cutting-edge safety systems like lane departure warning, automatic emergency braking and adaptive cruise control — features that can help lower insurance premiums for many drivers. Many models, including the 2025 X5, consistently earn IIHS top safety ratings.
• Vehicle value. As a premium brand, BMW vehicles typically have higher replacement and repair costs, which can lead to more expensive insurance. High-end trims and performance models — like those in the M Series lineup — can be more costly to insure than base configurations.
• Technology and repair costs. BMW’s reputation for innovation means its vehicles come with advanced infotainment systems, driver-assist tech and precision engineering. While these features enhance the driving experience, they can also make repairs more complex and costly, which factors into your rate.
• Parts availability. Specialized parts and the need for certified technicians can drive up both repair times and costs. This is especially true for hybrid or electric BMWs, such as the iX or i4, where limited part availability may influence your insurance premium.

About BMW’s own insurance company

While BMW directly sells auto insurance in select countries, like Australia, a similar product is not available to North American drivers. BMW drivers in the U.S. can purchase gap insurance, which covers the difference between your remaining auto loan or lease balance and your BMW’s actual cash value (ACV) if it’s totaled or stolen.

BMW’s coverage protects up to 150% of the vehicle’s MSRP, and is limited to a $50,000 gap following a covered loss. It also helps cover your primary insurance deductible, up to $1,000.

Average cost of BMW car insurance, by state

Car insurance costs for BMW drivers can vary quite a bit depending on where you live. While two BMW owners with identical models and clean driving records might pay similar rates, state-by-state differences in insurance laws, traffic conditions, weather risks and vehicle theft rates can also cause premiums to swing.

BMWs — with their precision engineering, luxury materials and high-tech features — can also be more expensive to repair, so local labor rates and parts availability add another layer of variability in premiums. In short: Where you park your BMW can matter almost as much as what model you drive.

Here’s a look at average BMW car insurance rates by state.

Best companies for BMW car insurance

The Jerry editorial team analyzes data from thousands of drivers to evaluate the best car insurance companies each year, based on various industry ratings and factors. Some common variables include subsidiary complaints, insurer financial strength ratings and claims satisfaction.

Here are our top picks for the best car insurance companies of 2025 and the ratings Jerry has assigned each one.

These insurance companies may be a solid fit for many BMW owners, but availability and service quality can vary by region. Some insurers only operate in certain states or have a stronger track record in specific markets.

Cheapest car insurance companies for BMWs

The cheapest car insurance company for BMW drivers is Safeco with an average monthly premium of $265, according to Jerry’s analysis of full coverage insurance rates.

Here are the cheapest BMW car insurance companies if you’re looking to buy full coverage.

While not the cheapest option, full coverage auto insurance offers the most complete financial protection for your vehicle. Without collision and comprehensive coverage, you’d be left paying out of pocket if your car is in an at-fault accident, stolen or damaged by weather, vandalism or other non-collision events.

That said, state-mandated minimum liability coverage is usually the most affordable way to stay legally insured. It won’t pay for damage to your own vehicle and may not fully cover injury or property costs if you’re at fault — but for many drivers, it’s the cheapest possible option.

Here are the cheapest car insurance companies for BMW drivers wanting to buy state minimum coverage.

BMW X5 insurance costs

The average cost to insure a BMW X5 with full coverage in 2025 was $396 per month, based on data from recent quotes to real Jerry customers.

The BMW X5 is a midsize luxury SUV that delivers a refined balance of performance, comfort and cutting-edge technology. An IIHS top safety pick in the midsize SUV category, the X5 is BMW’s top-selling model and actually comes in five different configurations: the sDrive40i, xDrive40i, xDrive50e, M60i and M Competition. These have a starting 2025 MSRP of $67,600 for the base model to over $129,700 for the fully loaded trim. 

Due to its high-end components and performance capabilities, the X5 often comes with above-average insurance premiums. Factors like powerful engines, advanced driver-assist systems and expensive parts and repairs all contribute to higher premiums. Its luxury status and popularity can also increase the risk of theft or vandalism in some areas. If you drive a premium vehicle like the BMW X5, it’s worth protecting with the right insurance coverage.

Here are the average X5 insurance rates that Jerry drivers have been quoted for full coverage.

BMW 330i insurance costs

The average cost to insure a BMW 330i with full coverage in 2025 was $495 per month, based on data from recent quotes to real Jerry customers.

The BMW 330i is a compact luxury vehicle that blends sport-tuned performance with premium comfort in an everyday sedan. As part of BMW’s long-running and best-selling 3 Series lineup, the 330i is powered by a turbocharged 2.0-liter engine and comes standard with advanced safety and driver-assist technology. The 2025 330i has a starting MSRP of $47,500, with higher trims and option packages — like the M3 — pushing the price above $87,700.

Although the base model 330i is more affordable than larger BMW SUVs or M models, this vehicle still tends to carry higher-than-average insurance premiums compared to non-luxury sedans. Its overall premium components, precision engineering and higher repair costs all contribute to insurance costs, as do each individual trim level, driver’s history and regional factors like theft rates.

Here are the average BMW 330i insurance rates that Jerry drivers have been quoted for full coverage.

BMW X1

The average cost to insure a BMW X1 with full coverage in 2025 was $367 per month, based on data from recent quotes to real Jerry customers.

The BMW X1 is a compact luxury SUV that offers a practical entry point into the BMW lineup without sacrificing style or performance. With agile handling, a refined interior and standard all-wheel drive, the 2025 X1 is a popular choice for drivers looking for a balance of everyday utility and premium features. The starting MSRP for the 2025 X1 xDrive28i is $41,350, with higher trims and options pushing it over $50,000.

While the X1 is one of BMW’s more affordable models, it can still come with slightly higher insurance costs than non-luxury compact SUVs. Premium materials, advanced safety features and brand-specific repair requirements all factor into rates. Your exact rate will also depend on your location, driving history and whether your vehicle has upgraded packages or features.

Here are the average X1 insurance rates that drivers have been quoted for full coverage.

BMW 530i

The average cost to insure a BMW 530i with full coverage in 2025 was $0 per month, based on data from recent quotes to real Jerry customers.

The BMW 530i is a midsize luxury sedan that combines executive styling with a smooth, responsive driving experience. As part of the 5 Series lineup, the 530i offers a turbocharged 2.0-liter four-cylinder engine, advanced safety features and a refined interior with tech-forward amenities. For 2025 models, the 530i starts at $59,875, with higher trims and option packages — like the 530i xDrive — pushing the price significantly higher.

While it’s less expensive to insure than the high-performance M550i or electrified i5 models, the 530i still carries higher-than-average insurance premiums due to its luxury status, repair costs and advanced components. 

Here are the average 530i insurance rates that drivers have been quoted for full coverage.

How to buy insurance for your BMW

When shopping for BMW car insurance, pick a policy that fully protects you, your passengers and your luxury vehicle. Full coverage is often the best choice, with comprehensive, collision, medical payments (MedPay) and uninsured/underinsured motorist (UM/UIM) protection helping safeguard your investment against a wide range of unexpected losses.

State-mandated minimum coverage will meet your basic legal requirements and protect you against liability, but it won’t cover your BMW if it’s stolen, vandalized or damaged in an at-fault accident. It also may not fully cover another driver’s property or medical expenses if you’re responsible for a serious crash, especially when driving a high-value sedan or SUV.

When comparing BMW insurance quotes, make sure you’re looking at policies that are actually similar. Double-check that liability limits are the same, deductibles align — and are set at an amount you could comfortably pay out of pocket — and that any eligible discounts are included. Also, providing insurers with correct information will help you get the most accurate estimates and avoid any surprises when it’s time to pay for your policy.

To boost your BMW insurance protection, consider adding optional coverages like roadside assistance, rental car reimbursement or new car replacement. If you lease or finance your BMW, gap insurance is also a smart option, as it can pay the difference between what you still owe on your BMW and the car’s ACV if it’s totaled or stolen.

MEET OUR EXPERTS

Stephanie Colestock

Stephanie Colestock is a seasoned writer and licensed insurance agent specializing in personal finance. With over 14 years of experience, she crafts insightful and accessible content on a wide range of financial topics, including insurance, credit and debt management, banking, investing, retirement planning, and household finances.

Her bylines appear in top-tier publications such as TIME, Fortune, MSN, Forbes, USA Today, Money, Fox Business, and CBS. Stephanie’s deep understanding of complex financial concepts and her ability to communicate them clearly have made her a trusted voice in the industry.

When she’s not writing, Stephanie enjoys helping individuals make smarter financial decisions through her engaging and well-researched articles.

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Ben Moore

Ben Moore is a writer and editor at Jerry and an auto insurance expert. He previously worked as a writer, editor and content strategist on NerdWallet’s auto insurance team for five years. His work has been published in The Associated Press, Washington Post, Chicago Sun-Times, MarketWatch, Nasdaq and Yahoo News. He also served as a NerdWallet spokesperson, with appearances on local broadcast television and quotes in Martha Stewart and Real Simple magazine.

Ben has an extensive background in digital marketing, working on affiliate and programmatic advertising campaigns for brands like Cabela’s, H&R Block and Sears. He holds a bachelors degree in marketing from Olivet Nazarene University.

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