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. 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 $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 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: