BMW 7 Series Insurance Cost

Auto insurance for a BMW 7 Series will cost about $2,982 per year.

This is more than the national average for luxury sedan models by $915. Our car insurance comparison study assumes a 40 year old good driver with full coverage and good credit that drives around 13,000 miles per year. They also assume a single-car policy on a brand-new vehicle, and won't reflect any multi-car discounts.

Auto insurance premiums vary a great deal by age, state, insurance company and mileage. Factors such as recent accidents, traffic violations, credit history also impact these rates. The following chart illustrates how some of these scenarios affect the cost of car insurance for a BMW 7 Series.

Good Driver and Credit
Recent At-Fault Accident
Poor Credit Rating

BMW 7 Series insurance rates can also differ significantly between providers for the same coverage. If you've been with your current insurance company for more than a few years, you should get new quotes to make sure you're not overpaying. Try our Competitive Quote Tool or the form below to get free quotes to lower your insurance costs. Advertising Disclosure

BMW 7 Series Insurance Cost by Age

Age Good Driver Recent Accident Poor Credit
17 $10,102 $15,046 $17,786
18 $9,414 $14,022 $16,575
19 $8,319 $12,392 $14,648
20 $7,254 $10,805 $12,772
21 $6,083 $9,061 $10,711
22 $5,925 $8,825 $10,432
23 $5,184 $7,721 $9,127
24 $4,925 $7,336 $8,671
25 $4,250 $6,330 $7,483
30 $3,311 $4,931 $5,829
35 $3,101 $4,619 $5,460
40 $2,982 $4,442 $5,251
45 $2,902 $4,322 $5,110
55 $2,661 $3,964 $4,686
65 $2,776 $4,135 $4,888
75 $3,504 $5,219 $6,170

BMW 7 Series car insurance premiums can cost a lot more or less depending on where you live. Rates are more expensive in Michigan because they mandate much higher coverage levels. California, Hawaii and Massachusetts don't allow providers to adjust rates based on credit. These figures also do not include the potential discounts on a multi-vehicle policy. Those can provide significant savings to a household full of drivers. The table below is a breakdown of how these factors can affect BMW 7 Series by state.

BMW 7 Series Insurance Rates by State

State Good Driver Recent Accident Poor Credit
Alabama $3,160 $4,426 $5,540
Alaska $2,614 $3,807 $3,989
Arizona $2,955 $4,584 $6,535
Arkansas $3,239 $4,907 $5,489
California $3,607 $6,308 $3,607
Colorado $3,366 $4,660 $5,813
Connecticut $4,300 $6,649 $8,516
Delaware $3,560 $4,901 $6,507
Florida $4,239 $5,758 $7,506
Georgia $3,456 $5,326 $5,465
Hawaii $1,380 $1,905 $1,380
Idaho $2,398 $3,228 $4,018
Illinois $2,510 $3,711 $4,303
Indiana $2,579 $4,030 $4,703
Iowa $2,043 $3,064 $3,571
Kansas $2,718 $4,001 $4,740
Kentucky $3,929 $5,909 $6,950
Louisiana $5,043 $7,708 $8,298
Maine $1,907 $2,558 $3,733
Maryland $3,086 $4,525 $5,344
Massachusetts $2,475 $4,185 $2,475
Michigan $5,972 $8,979 $13,806
Minnesota $2,458 $3,302 $4,889
Mississippi $2,968 $4,483 $4,735
Missouri $2,796 $3,851 $4,981
Montana $2,843 $4,449 $4,907
Nebraska $2,403 $3,402 $3,871
Nevada $3,964 $5,984 $6,565
New Hampshire $2,758 $4,444 $5,660
New Jersey $3,038 $4,790 $6,179
New Mexico $3,103 $4,465 $5,014
New York $2,874 $3,743 $6,041
North Carolina $1,782 $2,876 $2,216
North Dakota $2,438 $3,753 $4,764
Ohio $2,174 $3,555 $3,683
Oklahoma $3,471 $5,212 $5,911
Oregon $3,159 $4,771 $5,473
Pennsylvania $2,661 $4,023 $4,618
Rhode Island $4,442 $6,817 $7,796
South Carolina $3,017 $4,366 $6,230
South Dakota $2,707 $3,724 $4,468
Tennessee $3,183 $4,761 $6,007
Texas $3,206 $4,718 $5,922
Utah $2,727 $3,943 $5,438
Vermont $2,099 $3,356 $3,669
Virginia $1,977 $2,978 $3,164
Washington $2,618 $3,933 $4,637
West Virginia $2,634 $3,836 $4,737
Wisconsin $2,626 $3,833 $4,655
Wyoming $2,451 $3,602 $4,027

Other BMW 7 Series Costs of Ownership

Finding a car or truck that saves on insurance costs is important. But, it's also imperative to view all major BMW 7 Series costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: