BMW M5 Insurance Cost

Auto insurance for a BMW M5 will cost about $2,895 per year.

This is more than the national average for luxury sedan models by $1,001. 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 M5.

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

BMW M5 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 M5 Insurance Cost by Age

Age Good Driver Recent Accident Poor Credit
17 $9,805 $14,397 $16,843
18 $9,137 $13,417 $15,696
19 $8,075 $11,857 $13,872
20 $7,041 $10,339 $12,095
21 $5,905 $8,670 $10,143
22 $5,751 $8,444 $9,878
23 $5,032 $7,388 $8,643
24 $4,780 $7,019 $8,212
25 $4,125 $6,057 $7,086
30 $3,214 $4,719 $5,520
35 $3,010 $4,419 $5,170
40 $2,895 $4,250 $4,972
45 $2,817 $4,136 $4,839
55 $2,583 $3,793 $4,438
65 $2,695 $3,957 $4,629
75 $3,401 $4,994 $5,842

BMW M5 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 M5 by state.

BMW M5 Insurance Rates by State

State Good Driver Recent Accident Poor Credit
Alabama $3,067 $4,454 $5,670
Alaska $2,537 $3,517 $3,418
Arizona $2,868 $4,146 $6,108
Arkansas $3,144 $4,940 $5,440
California $3,501 $6,191 $3,501
Colorado $3,267 $4,572 $5,801
Connecticut $4,174 $6,473 $8,217
Delaware $3,455 $4,605 $5,915
Florida $4,114 $5,692 $7,417
Georgia $3,354 $5,016 $5,057
Hawaii $1,340 $1,819 $1,340
Idaho $2,328 $3,086 $3,752
Illinois $2,437 $3,683 $4,199
Indiana $2,503 $3,827 $4,294
Iowa $1,983 $2,719 $3,197
Kansas $2,638 $3,838 $4,489
Kentucky $3,813 $5,597 $6,610
Louisiana $4,895 $7,399 $8,023
Maine $1,851 $2,559 $3,778
Maryland $2,996 $4,360 $4,842
Massachusetts $2,402 $4,190 $2,402
Michigan $5,797 $8,834 $13,933
Minnesota $2,386 $3,182 $4,480
Mississippi $2,881 $4,109 $4,135
Missouri $2,714 $3,880 $5,098
Montana $2,760 $3,851 $4,482
Nebraska $2,333 $3,450 $3,748
Nevada $3,848 $5,707 $6,029
New Hampshire $2,677 $4,232 $5,350
New Jersey $2,949 $4,626 $6,054
New Mexico $3,011 $4,480 $4,650
New York $2,789 $3,513 $5,863
North Carolina $1,729 $2,971 $2,119
North Dakota $2,366 $3,596 $4,253
Ohio $2,110 $3,254 $3,337
Oklahoma $3,369 $4,824 $5,432
Oregon $3,066 $4,114 $4,913
Pennsylvania $2,582 $3,792 $4,436
Rhode Island $4,312 $6,325 $7,122
South Carolina $2,928 $4,058 $5,601
South Dakota $2,627 $3,785 $4,368
Tennessee $3,090 $4,548 $6,057
Texas $3,112 $4,495 $5,591
Utah $2,647 $3,709 $5,103
Vermont $2,037 $3,138 $3,317
Virginia $1,919 $2,947 $2,888
Washington $2,541 $3,449 $4,118
West Virginia $2,557 $3,661 $4,587
Wisconsin $2,549 $3,979 $4,538
Wyoming $2,379 $3,331 $3,547

BMW M5 Insurance Rankings

Insurance Rankings

We've ranked over 200 models from best to worst for Insurance. See where the BMW M5 ranks for Insurance compared to other vehicles. Also check out how the M5 stacks up in our rankings for Depreciation, Maintenance, Overall Costs.

Insurance Rankings

Other BMW M5 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 M5 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: