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BMW X5 car insurance at a glance:

  • Average auto insurance rate for a 40-year-old driver: $2,790 a year
  • Most affordable insurance companies for BMW X5 auto insurance: Nationwide, USAA*, Travelers
  • Cheapest state for X5 insurance: Vermont
  • Highest-priced state for X5 insurance: Louisiana

BMW X5 Insurance Rates by Company

Comparing car insurance costs from different insurance companies can lead to decent savings for X5 owners. Our analysis of major insurance companies found that Nationwide has the cheapest rates for an X5. The next most affordable company was USAA*.

Related: The best car insurance companies

BMW X5 Insurance Costs by State

State-to-state variations in BMW X5 auto insurance rates are commonly influenced by factors such as past claims for the X5, accident injury costs, repair costs and state regulations. If you’re buying insurance for an X5, Louisiana ranks as the costliest, with Vermont claiming the spot as the most economical state.

Cost of Insurance for a BMW X5 Based on Driver Age

Based on Forbes Advisor’s cost analysis, 60 is the most budget-friendly age for insuring a BMW X5.

On the other hand, the most expensive age to insure an X5 is 20.

There are several factors that go into calculating your own car insurance quotes. These generally include your driving record, your address (where you keep the vehicle), annual mileage, your credit-based insurance score (car owners with lower credit pay more), your past car insurance claims, the model of the car, any recent lapse in your auto insurance and the types and amount of insurance you choose.

Related: 9 Factors That Affect Your Car Insurance Rates

How to Save Money on BMW X5 Car Insurance

There are several ways you can lower car insurance costs, such as:

  • Compare car insurance quotes. Auto insurance companies have their own ways for pricing insurance for a BMW X5. The best way to find a low rate is to compare car insurance quotes from several companies.
  • Find the right amount of car insurance. While you want to make sure you have enough insurance, you also don’t want to overpay for insurance you don’t need for an X5. Here are ways to decide how much car insurance you need.
  • Maintain the best possible credit score. Insurers in most states can use your credit-based insurance score as a factor in calculating rates. But not all insurers weigh this factor the same, which is why it’s wise to get several quotes.
  • Raise your car insurance deductible. Usually the higher the car insurance deductible, the less you pay in premiums. Common deductible amounts range from $250 to $2,000 and up.

Methodology

Unless otherwise noted, rates are based on a 40-year-old female with a good driving record and insuring a new vehicle. Rates shown are for coverage of $100,000 in bodily injury liability coverage per person, $300,000 per accident and $100,000 in property damage liability (100/300/100), uninsured motorist coverage, collision and comprehensive insurance with a $500 deductible, and any other coverage required in a state. Source: Quadrant Information Services.

*USAA car insurance is available only to military members, veterans and their families.

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bmw, Vehicles,

Last Update: July 1, 2024

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