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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 Year | Progressive | Geico | State Farm | Farmers | Average |
|---|---|---|---|---|---|
| 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 |
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:
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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 X7 | Monthly insurance cost | Car value | Safety rating by NHTSA |
|---|---|---|---|
| BMW X7 | $220.63 | $75,895 | Not rated |
| BMW X5 | $199.90 | $60,395 | 4-star |
| Cadillac Escalade | – | $77,790 | 4-star |
| Lincoln Navigator | – | $78,000 | 5-star |
| Mercedes-Benz GLS Class | $208.52 | $99,900 | Not 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.
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:
This upcoming BMW model includes a few features that could land you insurance discounts, including:
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:
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.
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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