BMW M5 Insurance Cost

Auto insurance for a BMW M5 will cost about $3,331 per year.

This is more than the national average for luxury sedan models by $1,264. 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.

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. Visit our Competitive Quote Tool to see if you can find lower rates for a M5.

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

These BMW M5 insurance cost estimates are a result of our ongoing nationwide research and analysis, but they are only averages. We recommend that you let our trusted insurance partners do the shopping for you using our Competitive Quote Tool. While it's free to use, we do receive a small commission if you find a better deal.

BMW M5 insurance Cost

Age Good Driver Recent Accident Poor Credit
17 $11,282 $16,805 $19,865
18 $10,514 $15,661 $18,512
19 $9,292 $13,840 $16,360
20 $8,102 $12,068 $14,265
21 $6,794 $10,120 $11,963
22 $6,617 $9,856 $11,651
23 $5,790 $8,624 $10,194
24 $5,500 $8,193 $9,685
25 $4,747 $7,070 $8,358
30 $3,698 $5,508 $6,511
35 $3,463 $5,158 $6,098
40 $3,331 $4,961 $5,864
45 $3,241 $4,828 $5,707
55 $2,972 $4,427 $5,234
65 $3,101 $4,618 $5,459
75 $3,913 $5,829 $6,890

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 $3,529 $4,944 $6,187
Alaska $2,919 $4,251 $4,455
Arizona $3,300 $5,119 $7,299
Arkansas $3,618 $5,480 $6,131
California $4,028 $7,046 $4,028
Colorado $3,759 $5,204 $6,492
Connecticut $4,803 $7,426 $9,511
Delaware $3,976 $5,474 $7,268
Florida $4,734 $6,430 $8,383
Georgia $3,860 $5,949 $6,103
Hawaii $1,542 $2,128 $1,542
Idaho $2,678 $3,605 $4,488
Illinois $2,804 $4,144 $4,806
Indiana $2,880 $4,501 $5,253
Iowa $2,281 $3,422 $3,988
Kansas $3,035 $4,469 $5,293
Kentucky $4,388 $6,600 $7,762
Louisiana $5,633 $8,609 $9,268
Maine $2,130 $2,857 $4,169
Maryland $3,447 $5,054 $5,968
Massachusetts $2,764 $4,675 $2,764
Michigan $6,670 $10,028 $15,419
Minnesota $2,746 $3,688 $5,460
Mississippi $3,315 $5,007 $5,289
Missouri $3,123 $4,301 $5,563
Montana $3,175 $4,969 $5,480
Nebraska $2,684 $3,800 $4,323
Nevada $4,427 $6,683 $7,332
New Hampshire $3,080 $4,964 $6,321
New Jersey $3,393 $5,350 $6,901
New Mexico $3,465 $4,986 $5,600
New York $3,210 $4,180 $6,747
North Carolina $1,990 $3,212 $2,475
North Dakota $2,723 $4,191 $5,320
Ohio $2,428 $3,970 $4,113
Oklahoma $3,877 $5,821 $6,602
Oregon $3,528 $5,328 $6,113
Pennsylvania $2,972 $4,494 $5,157
Rhode Island $4,961 $7,613 $8,707
South Carolina $3,369 $4,876 $6,958
South Dakota $3,023 $4,159 $4,990
Tennessee $3,555 $5,318 $6,710
Texas $3,580 $5,270 $6,614
Utah $3,046 $4,404 $6,074
Vermont $2,344 $3,749 $4,098
Virginia $2,209 $3,326 $3,533
Washington $2,924 $4,392 $5,179
West Virginia $2,942 $4,284 $5,290
Wisconsin $2,933 $4,281 $5,200
Wyoming $2,738 $4,023 $4,498

Other Important Costs of Owning a BMW M5

Insurance is a major vehicle related expense. There are also some others to be aware of. See our cost analyses on BMW M5 depreciation, maintenance and financing. These will provide you with even more knowledge before making such an important financial decision.

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Do you have more questions on our data or methodologies? Great, we're skeptics too. Here are some common questions and answers.