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BMW 5 Series insurance rates

Average insurance cost for the BMW 5 series: $223. But how low can your rates go with Progressive?

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Roslyn McKenna
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The average cost of car insurance for a 2021 BMW 5 Series is $223.38 a month —or $2,680.56 a year. However, your actual costs depend on your driving history, car model, location and other factors.

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Name Product Roadside assistance New car protection Accident forgiveness Safe driver discount Available states
Allstate
Allstate
Optional
13%
All 50 states
Your dedicated agent can help you find the best savings with multiple discounts and rewards programs.
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Progressive
Progressive
Optional
30%
All 50 states & DC
Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
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The AARP Auto Insurance Program from The Hartford
The AARP Auto Insurance Program from The Hartford
Optional
Yes
All 50 states
Enjoy low rates for mature drivers, plus perks like new car replacement and lifetime repair guarantees. Only for drivers over age 50.
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Root
Root
52%
Available in 31 states
Track your driving to receive a low rate that reflects your driving skills, and enjoy a fully app-based policy experience.
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Savvy
Savvy
Optional
Depends on provider
Yes
All states & DC
Get quotes in 30-seconds from 100+ companies, and save an average of $800 or more per year. Requires online login to your existing insurance.
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Liberty Mutual
Liberty Mutual
Optional
30%
All 50 states & DC
Earn free accident forgiveness after five years claims-free and customize your policy anytime online at the tap of a button.
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BMW 5 Series car insurance rates

We pulled BMW 5 Series car insurance quotes from top insurance companies to find that the average monthly cost to insure a 2021 BMW 5 Series is $223.58. However, some older models may cost more to insure than others depending on which safety features your vehicle has and which insurer you choose.

Model YearProgressiveGeicoState FarmFarmersAverage
2011 BMW 5$162.75$121.23$189.30$186.35$164.91
2016 BMW 5$144.41$152.10$240.15$212.60$187.32
2021 BMW 5$168.25$191.95$287.96$245.37$223.38

How we got these rates

Our rates are based on a single 30-year old driver with a clean driving history living in California. California is one of seven states that don’t use gender to determine car insurance costs. We chose full coverage car insurance with liability limits that exceed the California state minimum requirements, which include:

  • Bodily injury liability per person: $50,000
  • Bodily injury liability per accident: $100,000
  • Property damage liability: $50,000
  • Comprehensive deductible: $500
  • Collision deductible: $500
  • Medical payments: $5,000
  • Uninsured motorist bodily injury: $50,000/$100,000

Your rates may be different based on details such as your zip, location, job type, annual mileage and more.

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How to compare insurance for the BMW 5 Series

Auto insurance is an expensive commitment that almost all drivers need but nobody hopes to use. Shopping for coverage can be frustrating. Coverage and policy details can vary considerably between providers, yet most claim to have the best price. While finding a company to insure your 5 Series shouldn’t be too hard, finding the right policy can be difficult if you don’t know what to look for. Here are a few factors to consider as you shop around.

  • Price. Price doesn’t mean much if you aren’t comparing similar policies. Use the same information for every quote in order to accurately compare your options.
  • Deductible. Be aware that the cost of your deductible will likely affect your premiums. Choose an amount that offers premiums that fit your budget and won’t break the bank when you file a claim.
  • Minimum coverage. Outside of New Hampshire and Virginia, every state has mandatory minimum coverage requirements. Make sure your state minimums are met before purchasing coverage.
  • Additional coverage. Additional coverage options can provide extra protection beyond your standard policy. If personal injury protection, medical payments coverage or any other options appeal to you, be sure to include them when getting quotes.
  • Extras. Accident forgiveness, vanishing deductible and roadside assistance are a few of many possible policy extras. Find out which policy features are included and which you’ll need to pay extra for.
  • Restrictions. Policy restrictions can lead to denied claims or gaps in coverage. Ask about any possible limitations before purchasing a policy.
  • Manufacturer offer or loyalty discount. You may be eligible for manufacturer offers or loyalty discounts through BMW’s partnerships. Speak with your dealer to find out more.
  • Warranty. Find out what’s covered by your manufacturer or extended warranty to avoid paying for overlapping coverage.

What factors affect car insurance rates for BMW 5 Series?

Auto insurance is never one-size-fits-all. Your chances of getting in an accident and the cost of repairs can vary depending on a number of driver, location and vehicle-specific factors. Since performance, crash test results, theft rates and other factors can all vary between makes and models, your choice of vehicle has a direct impact on the price you pay for auto insurance. Here are a few of the 5 Series’ characteristics and how they might affect your cost of insurance.

  • Body type. The 5 Series is a four-door sedan that’s designed for families, commuting and other low-risk daily driving. This could lead to lower premiums.
  • Type of car. BMW makes luxury vehicles and the 5 Series is no exception. Luxury vehicles generally cost more to insure.
  • Theft. Unfortunately, sedans are the most frequently stolen type of vehicle. This could lead to higher auto insurance rates.
  • Repairs. While BMW has manufacturing facilities in the US, parts and service can still be expensive. The high cost of repairs could make for more expensive insurance.
  • Safety ratings. The 5 Series has great safety ratings and it even won the 2018 IIHS top safety pick+. This could help reduce the cost of insurance.

How do trim packages and extra build options affect insurance cost?

Insurance premiums are largely based on your chances of getting into an accident and the cost to pay claims. Your driving history, location and vehicle can directly affect this risk, which is why it’s important to get quotes that represent your actual situation. While your choice of make and model can affect the cost of insurance, some trim and packages might also make an impact. Based on the standard BMW 530i, here’s how build options could impact your rates.

Trim

  • xDrive. xDrive is BMWs all-wheel-drive system that can improve traction and handling. Choosing this option could lead to better auto insurance rates.
  • 540i. The 540i is a step up in power and price which may lead to more expensive auto insurance.
  • Diesel. Compared to gasoline, diesel vehicles are generally more expensive to repair. Choosing this option may increase the cost of insurance.
  • Hybrid. While this option could help you save on gas, repairs and insurance can be expensive.

Packages

  • Executive Tier. The executive tier includes adds adaptive LED headlights, Parking Assistant Plus and more. The improvement in visibility could lead to better rates.
  • Dynamic Handling Package. This package could improve handling which may translate to cheaper auto insurance.
  • Driving Assistance Package. The features in this package can improve safety and reduce the chance of accidents. Adding this may reduce the cost of insurance.
  • Lighting or Night Vision Package. These packages can make it easier for you to see others and be seen on the road. Adding it may help reduce the cost of insurance.
  • Parking Assistance Package. This package can reduce your chances of bumping into other vehicles when parking and could help you get better auto insurance rates.

BMW 5 Series money-saving safety features

You could save money on car insurance for your BMW 5 Series if it comes equipped with these safety features.

  • Airbags
  • Anti-lock brakes
  • Anti-theft device
  • Parking sensors
  • Surround view camera system
  • Daytime running lights
  • Electronic stability control
  • Seatbelt pretensioners
  • Rear backup sensors
  • Lane-departure warning systems
  • Adaptive cruise control

Does the BMW 5 Series qualify for auto insurance discounts?

Your vehicle may be eligible for various auto insurance discounts depending on which provider you choose. However, the exact discounts you receive may vary depending on location, provider, options, and other factors. Here are a few that should apply to the BMW 5 Series:

  • New car discount
  • Anti-lock brake discount
  • Anti-theft discount
  • Passive restraint discount (Airbags, motorized seat belts, etc.)
  • Emergency roadside assistance discount

How reliable is the BMW 5 Series?

According to U.S. News and J.D Power, the 2018 BMW 5 Series holds an impressive 4.5/5 star rating for reliability, far better than most vehicles in its class.

BMW has produced a number of models that can be classified as a 5 Series, making it difficult to pinpoint common problems. Many of the issues with the 5 Series occur on older models that were produced before 2010. Recent models like the 530i and 550 have very few common problems.

  • 2018. A number of 2018 5 Series vehicles were recalled due to an engine control unit software error that could cause the fuel pump to stop working and the engine to stall.
  • 2016. Some 2016 5 Series vehicles were recalled due to defective airbag inflators that may not deploy properly in the event of a crash. Some models also had issues with restraint fixture anchors that may prevent booster or child seats from being secured properly.
  • 2015. Almost 3,000 2015 BMW 5 Series vehicles were recalled due to steering and electrical issues stemming from excessive exposure to moisture. Check with your dealer to find out if your vehicle was affected.
  • 2013. Nearly 500 2013 5 Series vehicles were recalled for lighting systems and retroreflective devices that may not comply with safety standards. Additionally, almost 10,000 5 2012-2013 5 Series vehicles had a manufacturing error that could result in a reduced oil supply to the vacuum pump on the braking system.
  • 2011. A limited number of 2010 and 2011 5 Series models were recalled for an issue with the fuel supply that could present inaccurate fuel gauge readings. Almost 4,000 vehicles were also recalled for problems with the auxiliary water pump that could prevent it from cooling the turbocharger properly, possibly leading to a fire.

BMW 5 Series maintenance

Like most other BMW vehicles, the 5 Series was designed to provide a comfortable driving experience that includes less time in the shop and more time on the road. With its great reliability ratings and state-of-the-art technology, the BMW isn’t hard to maintain, but that doesn’t mean you should skip your service appointments. Routine maintenance can ensure that your 5 Series runs smoothly for years to come. Here’s what you need to know.

  • BMW suggests an oil change every 10,000 miles or 12 months. Depending on how you drive your vehicle, you may want to consider having it changed more often.
  • Oil changes should cost between $100 to $200, but your cost may vary.
  • The 2018 530i gets an average of 27 miles per gallon, with 24 in the city and 34 on the highway.
  • The 2018 BMW 540i xDrive gets an average of 23 miles per gallon, with 20 in the city and 29 on the highway.
  • The 2018 BMW 530e Hybrid gets an average of 72 miles per gallon on electric + gas power and 29 MPG on gas alone.
  • The 2018 BMW 5 Series comes with a standard four-year/50,000-mile warranty.
  • Newer BMW models come equipped with a Condition Based Servicing system and a Service Interval Indicator. Both of these systems will monitor your vehicle and let you know when parts need replacing and when the vehicle should be brought in for service.

Is an extended warranty worth it for the BMW 5 Series?

The 5 Series comes with BMW’s four-year/50-000 mile BMW warranty, which covers problems stemming from defective parts and improper service. It also includes free roadside assistance and a separate corrosion warranty. While the standard warranty is great, parts and service on the 5 Series can be expensive. Adding the extended warranty can provide peace of mind after the initial coverage expires. It’s available in multiple terms and includes service from certified BMW technicians, OEM part replacements, mechanical breakdown towing and more.

Additionally, eligible 5 Series vehicles come with BMW Ultimate Care, which is a three-year/36,000-mile complimentary maintenance plan. There are other extended maintenance plans available for an extra fee.

How safe is the BMW 5 Series?

Like most BMW vehicles, the 5 Series holds amazing safety ratings. According to U.S. News and J.D. Power, the 2018 BMW 5 Series has a perfect 10/10 safety rating and the highest possible scores in all crash test categories. It won the 2018 IIHS top safety pick+ and near-perfect scores for crashworthiness.

Compare BMW competitors

Explore other BMW models or find other manufacturers that offer vehicles similar to the BMW 5 series.

Bottom line

The 5 Series is a luxurious modern business sedan that comes packed with state-of-the-art technology. Starting at just over $50,000, this vehicle’s great safety features and crash test ratings make it a great daily driver or family vehicle. You should have no trouble finding a provider to insure your 5 Series, but you should compare your options to find a policy and price that’s right for you.

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