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BMW X7 car insurance rates

Average BMW X7 insurance cost: $221. But how low can your rates go for this luxury family car?

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We pulled car insurance quotes from top insurance companies to find that the average monthly cost to insure a BMW X7 is $220.63 — or $2,647.56 annually. However, some other BMW models may cost less to insure depending on which safety features your vehicle has and which insurer you choose. And your actual costs will depend on your driving history, age, ZIP and other specific factors.

Model YearProgressiveGeicoState FarmFarmersAverage
2019 BMW X7$161.92$175.45$256.89$238.68$208.24
2021BMW X7$161.92$192.92$273.95$253.72$220.63

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 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:

  • 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
Name Product Gap insurance Homeowner discount Telematics Has an app? Available states
Progressive
loan/lease coverage
Yes
Snapshot
Yes
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.
The Zebra
Yes
Yes
Yes
Yes
All 50 states
USAA
No
Yes
SafePilot
Yes
All 50 states & DC
Affordable car insurance with highly rated customer service. Only available to military members and veterans and their family.
Liberty Mutual
Yes
Yes
RightTrack
Yes
All 50 states & DC
Earn free accident forgiveness after five years claims-free and customize your policy anytime.
Bankrate
Bankrate
Yes
Yes
Yes
Yes
All 50 states
Compare personalized rates from multiple insurance companies in one go. Plus, access a live agent for any questions along the way.
Quinstreet - Insure.com
Quinstreet - Insure.com
Yes
Depends on provider
Depends on provider
Depends on provider
All 50 states
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Compare the X7’s insurance factors to similar cars

With the BMW X7, you’ll pay a relatively low insurance rate, but it isn’t the cheapest BMW SUV to insure. That said, the X7 can hold its own in terms of speed and engine power, despite being a full-sized, three-row SUV.

In general, high-powered engines pose an extra risk to insure because they can cause more damage in an accident over vehicles with standard power.

Models similar to BMW X7Monthly insurance costCar valueSafety rating by NHTSA
BMW X7$220.63$75,895Not rated
BMW X5$199.90$60,3954-star
Cadillac Escalade$77,7904-star
Lincoln Navigator$78,0005-star
Mercedes-Benz GLS Class$208.52$99,900Not rated

We found 2021 car values from Car and Driver’s car model reviews. We also found safety ratings from the National Highway Traffic Safety Administration (NHTSA). However, the NHTSA doesn’t rate every model available.

How do I compare insurance for the X7?

The X7 is BMW’s take on large luxury, which will likely translate into a higher premium due to specialized repairs and coverage. However, because the company manufactures in America, repair costs might not get as high as other imported luxury SUVs, like the Volvo XC90.

Factors to consider when getting insurance for the X7:

  • Body type. This vehicle has made it into the large luxury SUV class, seating up to seven people with three rows of seats. Its large size gives it a heavy possibility of causing damage in an accident.
  • Fuel. While not as fuel efficient as any sedan, the X7 gets a decent 22 mpg combined for its big size.
  • Theft rates. While it’s not possible to find theft rates on a newly-launched vehicle, the similar X5 does attract theft.
  • Maintenance. You might pay more for a BMW specialist or authentic parts. But the company does have American manufacturing plants that could save you from importing special parts.
  • Coverage. As a BMW owner, you might opt for luxury car insurance to protect your proud investment with high limits and agreed value coverage. Also, consider comprehensive, uninsured/underinsured motorist and loan or lease gap coverage for even broader protection.
  • Insurer options. Because of your upgrade to luxury insurance, you’ll have fewer options for providers to choose from.
  • Warranty. This BMW comes with a standard four-year, 50,000-mile warranty alongside a 12-year, unlimited mileage rust protection. You’ll also get 24/7 roadside assistance for the first four years or six years for certified pre-owned BMWs with no mileage restrictions. The warranty even covers alternate accommodations and international coverage in Canada and Puerto Rico.
  • Special features. The X7 includes many fun and helpful features as standard, including a 12-inch infotainment touchscreen, integrated navigation, heated front seats, onboard Wi-Fi, sunroof and a 10-speaker audio system. These features make the cost of replacing the X7 more expensive, possibly raising your insurance rates over non-luxury models.

Does the BMW X7 qualify for discounts?

This upcoming BMW model includes a few features that could land you insurance discounts, including:

  • Antilock brakes
  • Antitheft system
  • Driver assistance, including blind-spot monitoring, pedestrian detection and lane-departure warning
  • Front-impact airbags
  • Side impact airbags
  • Knee airbags
  • Overhead airbags
  • Pretensioners
  • Stability control

Why is insurance so expensive for the X7?

You might see your premium as much as several thousand above the average $1,300 per year. But that’s because the X7 also isn’t your average car. Factors that might contribute to a high-end rate:

  • High MSRP. The X7 will start its prices at $73,900 MSRP. The top price tag sets it apart from other family SUVs on the market, suggesting extra features and style as well as higher insurance costs.
  • Big body. This large vehicle could bring more families up to BMW status, but it also means more damage or injuries in an accident.
  • Luxury insurance. More coverage equals a higher premium, period.
  • Engine power. Both engine options exceed 300 horsepower in performance for a strong ride that may also drive up rates.

How reliable is the BMW X7?

This new luxury vehicle might not have enough information to rate its safety and reliability, but you could look at its sibling, the X5, for an idea. The X5 offers a top-rated safety performance but average reliability overall.

  • Safety. You won’t see ratings for this new car yet on top safety organizations, but the X5 was given a 5 out of 5-star rating by the NHTSA.
  • Reliability. Only time will tell the true reliability of the X7. However, BMW rates about average for reliability on its other vehicles.
  • Recalls. No recalls have been reported yet for this model’s first go on the market.

Bottom line

The X7 needs time to show off what it can bring in terms of insurance and offsetting costs. While you’ll likely pay a pretty premium for this vehicle’s luxury and large size, you can also compare which providers offer the best coverage.

Not ready for that? Look at rates for another car model.

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