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We pulled car insurance quotes from top insurance companies to find that the average monthly cost to insure a 2021 BMW 5 Series is $223.58 — or, 2,682.96 annually. However, your actual costs depend on your driving history, vehicle model, ZIP and other factors. And some older models may cost more to insure than others depending on which safety features your vehicle has and which insurer you choose.
| Model Year | Progressive | Geico | State Farm | Farmers | Average |
|---|---|---|---|---|---|
| 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 |
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:
Your rates may also be different based on details such as your age, location, job type, annual mileage and more.
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BMW insurance is an expensive commitment, and coverage and policy details vary considerably between providers. While finding a company to insure your 5 Series should be easy, 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.
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.
The BMW 5 Series is a relatively inexpensive car to insure when you compare it to other large luxury sedans. That said, it will set you back a bit more per month than a nonluxury sedan might.
| Models similar to BMW 5 Series | Monthly insurance cost | Car value | Theft rate |
|---|---|---|---|
| BMW 5 Series | $223.38 | $55,195 | Not available |
| BMW 2 Series | $202.08 | $36,895 | Not available |
| Genesis G70 | – | $37,045 | Not available |
| Lexus ES | – | $41,025 | 0.38 |
| Mercedes-Benz CLS Class | $270.11 | $71,350 | 0.72 |
We found 2021 car values from Car and Driver’s car model reviews. We also found theft rates from the National Highway Traffic Safety Administration (NHTSA). Theft rates are not available for all models or model years.
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:
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, so get quotes that represent your actual situation.
While your choice of make and model can affect the cost of insurance, some trim packages might also make an impact. Based on the standard BMW 530i, here’s how build options could impact your rates.
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.
You could save money on car insurance for your BMW 5 Series if it comes equipped with these safety features.
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 several 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.
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 are some suggestions.
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.
The BMW 5 Series is a line of luxury sedans and debuted in 1972, and it’s currently in its seventh generation. The 2022 model year features four variants: the core 530i and 540i models, the electrified 530e model, the performance M550i xDrive model, and the performance M5 model. A 2022 5 Series could run you $54,200 to $103,500 – the higher price point for the performance models if you’re the sportier sort.
The 2022 5 Series models haven’t been evaluated for crashworthiness by the IIHS yet, but the 2021 model year received the highest scores in all categories for crashworthiness. The standard safety features on the 5 Series models could qualify you for discounts on car insurance, and its superior safety ratings bode well for your rates too.
BMW is known for producing luxury coupes and sedans with top-notch safety ratings, and performance models for the thrill-seekers. However, the higher MSRPs of the 5 Series sedans could mean higher insurance premiums, so be sure to shop around with multiple insurance providers for a better chance of a good deal.
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 compare your options to find a policy and price that’s right for you.
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