BMW 7 Series Insurance Cost

Auto insurance for a BMW 7 Series will cost about $2,861 per year.

This is more than the national average for luxury sedan models by $967. 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 $9,690 $14,229 $16,646
18 $9,030 $13,260 $15,513
19 $7,981 $11,719 $13,709
20 $6,959 $10,218 $11,954
21 $5,836 $8,569 $10,024
22 $5,683 $8,345 $9,763
23 $4,973 $7,302 $8,542
24 $4,724 $6,937 $8,115
25 $4,077 $5,987 $7,003
30 $3,176 $4,664 $5,456
35 $2,975 $4,368 $5,110
40 $2,861 $4,201 $4,914
45 $2,784 $4,088 $4,782
55 $2,553 $3,749 $4,386
65 $2,663 $3,910 $4,575
75 $3,361 $4,936 $5,774

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 $3,031 $4,402 $5,604
Alaska $2,507 $3,475 $3,378
Arizona $2,834 $4,097 $6,037
Arkansas $3,108 $4,883 $5,376
California $3,460 $6,119 $3,460
Colorado $3,229 $4,519 $5,733
Connecticut $4,125 $6,398 $8,121
Delaware $3,415 $4,551 $5,846
Florida $4,066 $5,625 $7,330
Georgia $3,315 $4,957 $4,998
Hawaii $1,324 $1,798 $1,324
Idaho $2,301 $3,050 $3,708
Illinois $2,408 $3,640 $4,150
Indiana $2,474 $3,782 $4,244
Iowa $1,960 $2,687 $3,160
Kansas $2,607 $3,793 $4,436
Kentucky $3,769 $5,532 $6,533
Louisiana $4,838 $7,313 $7,929
Maine $1,829 $2,529 $3,733
Maryland $2,960 $4,309 $4,786
Massachusetts $2,374 $4,141 $2,374
Michigan $5,729 $8,730 $13,770
Minnesota $2,358 $3,144 $4,428
Mississippi $2,847 $4,061 $4,087
Missouri $2,682 $3,835 $5,038
Montana $2,727 $3,805 $4,429
Nebraska $2,305 $3,409 $3,704
Nevada $3,803 $5,640 $5,958
New Hampshire $2,645 $4,183 $5,288
New Jersey $2,914 $4,572 $5,983
New Mexico $2,976 $4,427 $4,596
New York $2,757 $3,471 $5,795
North Carolina $1,709 $2,936 $2,094
North Dakota $2,339 $3,554 $4,203
Ohio $2,085 $3,216 $3,298
Oklahoma $3,330 $4,768 $5,368
Oregon $3,030 $4,066 $4,856
Pennsylvania $2,552 $3,747 $4,384
Rhode Island $4,261 $6,251 $7,039
South Carolina $2,894 $4,011 $5,535
South Dakota $2,596 $3,741 $4,317
Tennessee $3,053 $4,495 $5,986
Texas $3,075 $4,442 $5,526
Utah $2,616 $3,665 $5,044
Vermont $2,014 $3,101 $3,278
Virginia $1,897 $2,912 $2,855
Washington $2,511 $3,408 $4,070
West Virginia $2,527 $3,618 $4,533
Wisconsin $2,519 $3,932 $4,485
Wyoming $2,351 $3,292 $3,506

BMW 7 Series Insurance Rankings

Insurance Rankings

We've ranked over 200 models from best to worst for Insurance. See where the BMW 7 Series ranks for Insurance compared to other vehicles. Also check out how the 7 Series stacks up in our rankings for Depreciation, Maintenance, Overall Costs.

Insurance Rankings

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: