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We pulled car insurance quotes from top insurance companies to find that the average monthly cost to insure a BMW 7 Series is $265.79 — or approximately $3,190 yearly. However, your actual costs depend on your driving history, vehicle model and year, ZIP plus other factors. And some older models may score you lower rates 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 7 | $147.25 | $156.23 | $233.62 | $210.78 | $186.97 |
| 2016 BMW 7 | $172.08 | $216.52 | $302.83 | $212.67 | $226.03 |
| 2021 BMW 7 | $202.59 | $246.34 | $390.90 | $223.33 | $265.79 |
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 doesn’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 be different based on details such as your age, location, job type, annual mileage and more.
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Auto insurance is a necessary evil of vehicle ownership. Besides that fact that coverage is mandatory in all but a few states, car insurance provides protection and peace of mind both on and off the road.
With that being said, shopping for coverage can be tricky, since policies can vary so much between providers. However, knowing what to look for can help you save both time and money.
Here are a few factors that can help you compare your options.
Between your driving history, location, choice of vehicle and build options, there are several factors that can influence the cost of auto insurance. Since your car’s make and model can vary in terms of performance, theft rates, safety features and other variables, your vehicle choice can have a significant impact. Here are some BMW 7 Series characteristics that might affect the cost of coverage.
The BMW 7 rides higher in insurance costs than other luxury sedans. However, the 7 isn’t entry-level luxury either, meaning that you’ll pay a midrange luxury ticket price. In general, insurance companies charge more for high-value cars because they pay more to replace the car after an accident.
| Models similar to BMW 7 Series | Monthly insurance cost | Car value |
|---|---|---|
| BMW 7 Series | $265.79 | $87,795 |
| Alfa Romeo Giulia | – | $41,845 |
| Cadillac CT4 | – | $34,590 |
| BMW 3 Series | $201.15 | $42,245 |
| Mercedes-Benz C-Class | $231.54 | $42,650 |
We found 2021 car values from Car and Driver’s review of each model.
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 likely apply to the BMW 7 Series:
At the time of writing, the BMW 7 Series doesn’t have official safety ratings from the IIHS or NHTSA. With that being said, most BMW vehicles have great safety ratings and come packed with a number of safety and driver assistance features that could help reduce the cost of insurance.
According to U.S. News and J.D. Power, the 2018 BMW 7 Series holds a 3.5/5 star reliability rating, which is above average for vehicles in its class.
The 7 Series is BMW’s flagship sedan with a price tag that starts at just over $80,000. It’s designed to provide a quiet, comfortable driving experience and requires little maintenance to keep it on the road. With that being said, maintaining a routine service schedule can extend the life of your vehicle and ensure that it operates as it should.
| Parts | Replacement period |
|---|---|
| Engine oil | Every 10,000 miles or 12 months |
| Fuel filters | Every 20,000 to 40,000 miles |
| Oil filter | Every 10,000 miles or 12 months |
| Air filter | Every 60,000 miles |
| Coolant | Every 10,000 miles |
| Spark plugs | Replace them every 60,000 miles |
| Brake fluid | First 30,000 miles then every 60,000 miles after that |
The 7 Series is backed by BMW’s standard four-year/50,000-mile warranty. This covers issues due to defective parts and service, along with free roadside assistance and a separate corrosion warranty.
Given the 7 Series’ price tag and BMW’s reputation for expensive repairs, the extended warranty can provide peace of mind once the initial warranty expires. It’s available in multiple terms and includes service from certified BMW technicians, OEM part replacements, mechanical breakdown towing and more.
Additionally, eligible 7 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.
Introduced in 1977, the 7 Series is BMW’s flagship vehicle that is currently in its sixth generation. The luxurious sedan comes packed with a number of industry-leading technologies, and many standard safety features like BMW’s Surround View, active driving assist, and lane departure warning.
The base 7 Series 740i Sedan has a 3.0-liter BMW Twinpower Turbo inline six-cylinder engine with 335 horsepower and starts at $86,800. For the performance types, you can opt for the 750i xDrive Sedan with a 4.4-liter BMW Twinpower Turbo inline V8, boasting 523 hp, with a starting MSRP of $103,000. If you crave some green tech, the electrified 745e xDrive will run you $95,900.
BMW uses the 7 Series line to introduce new and innovative technologies and exterior designs, then the latest ideas are adapted to the smaller sedans in the company’s lineup.
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The BMW 7 Series is a top-of-the-line luxury sedan that delivers a balance between comfort and performance. It comes standard with cutting-edge technology along with a suite of safety and driver assistance features that could help reduce the cost of insurance. However, the cost of insurance depends on a number of different variables, so it’s important to compare your options to find out exactly how much you’ll pay.
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