Buy Cheap BMW X5 Auto Insurance in 2024
If you want to buy inexpensive BMW X5 insurance coverage then you should know that a policy will cost $144 per month ($1,724 per year) on average. Teens pay the highest rates at up to $6,301 a year, while good drivers may only pay $1,013.
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Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
UPDATED: Nov 27, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our auto insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different auto insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Nov 27, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our auto insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different auto insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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Key takeaways:
- Full coverage costs around $1,724 a year or $144 each month
- A liability-only policy costs around $691 a year or $58 each month
- Highest rates are for teenage drivers at around $6,301 a year or $525 each month
- Good drivers can save as much as $711 a year by earning policy discounts
- BMW X5 insurance costs around $205 more per year than the average vehicle
BMW X5 insurance rates are more expensive. BMW X5 insurance costs around $205 more per year than the average vehicle. However, finding cheap BMW X5 insurance rates is possible if you know the best ways to save. We cover the critical factors that determine your BMW X5 insurance rates, from your driving record to crash test ratings.
You can start comparing quotes for BMW X5 car insurance rates from some of the best car insurance companies by using our free online tool now.
BMW X5 Insurance Cost
The average BMW X5 auto insurance rates are $1,724 a year or $144 a month.
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Are BMW X5s Expensive to Insure?
The chart below details how BMW X5 insurance rates compare to other SUVs like the Jeep Wrangler, Chevrolet Tahoe, and GMC Yukon.
| Vehicle | Comprehensive | Collision | Liability | Total |
| BMW X5 | $444 | $750 | $372 | $1,724 |
| Jeep Wrangler | $280 | $376 | $420 | $1,256 |
| Chevrolet Tahoe | $336 | $532 | $372 | $1,398 |
| GMC Yukon | $376 | $594 | $372 | $1,500 |
| Dodge Durango | $348 | $562 | $372 | $1,440 |
| Jeep Compass | $294 | $500 | $372 | $1,324 |
| Chevrolet Suburban | $336 | $532 | $372 | $1,398 |
However, there are a few things you can do to find the cheapest BMW insurance rates online.
What Impacts the Cost of BMW X5 Insurance?
The BMW X5 trim and model you choose can impact the total price you will pay for BMW X5 insurance coverage.
Age of the Vehicle
Older BMW X5 models generally cost less to insure. For example, car insurance for a 2020 BMW X5 costs $1,724, while 2010 BMW X5 insurance costs are $1,344, a difference of $380.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2020 BMW X5 | $444 | $750 | $372 | $1,724 |
| 2019 BMW X5 | $424 | $720 | $390 | $1,692 |
| 2018 BMW X5 | $406 | $714 | $398 | $1,676 |
| 2017 BMW X5 | $394 | $698 | $416 | $1,666 |
| 2016 BMW X5 | $380 | $668 | $430 | $1,636 |
| 2015 BMW X5 | $358 | $646 | $442 | $1,604 |
| 2014 BMW X5 | $344 | $598 | $452 | $1,552 |
| 2013 BMW X5 | $332 | $564 | $456 | $1,510 |
| 2012 BMW X5 | $318 | $506 | $460 | $1,442 |
| 2011 BMW X5 | $296 | $466 | $460 | $1,380 |
| 2010 BMW X5 | $286 | $436 | $464 | $1,344 |
Driver Age
Driver age can have a significant effect on BMW X5 car insurance rates. For example, 20-year-old drivers pay $2,108 more for their BMW X5 car insurance each year than 30-year-old drivers.
Driver Location
Where you live can have a large impact on BMW X5 insurance rates. For example, drivers in Los Angeles may pay $638 a year more than drivers in Philadelphia.
Your Driving Record
Your driving record can have an impact on the cost of BMW X5 auto insurance. Teens and drivers in their 20’s see the highest jump in their BMW X5 auto insurance rates with violations on their driving record.
BMW X5 Safety Ratings
Your BMW X5 auto insurance rates are tied to the BMW X5’s safety ratings. See the breakdown below:
| Test Type | Rating |
| Small overlap front: driver-side | Good |
|---|---|
| Small overlap front: passenger-side | Good |
| Moderate overlap front | Good |
| Side | Good |
| Roof strength | Good |
| Head restraints and seats | Good |
| Source: Insurance Institute for Highway Safety | |
BMW X5 Crash Test Ratings
BMW X5 crash test ratings will affect your BMW X5 car insurance rates.
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 BMW X5 SUV AWD | 4 stars | 4 stars | 5 stars | 4 stars |
| 2020 BMW X5 M SUV AWD | N/R | N/R | N/R | N/R |
| 2019 BMW X5 SUV AWD | 4 stars | 4 stars | 5 stars | 4 stars |
| 2018 BMW X5 SUV RWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2018 BMW X5 SUV AWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2018 BMW X5 PHEV SUV AWD | N/R | N/R | N/R | N/R |
| 2018 BMW X5 M SUV AWD | N/R | N/R | N/R | N/R |
| 2017 BMW X5 SUV RWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2017 BMW X5 SUV AWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2017 BMW X5 PHEV SUV AWD | N/R | N/R | N/R | N/R |
| 2017 BMW X5 M SUV AWD | N/R | N/R | N/R | N/R |
| 2016 BMW X5 SUV RWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2016 BMW X5 SUV AWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
BMW X5 Safety Features
Good BMW X5 safety features can result in insurers giving you car insurance discounts. The safety features for the 2020 BMW X5 are:
- Driver Air Bag
- Passenger Air Bag
- Front Head Air Bag
- Rear Head Air Bag
- Front Side Air Bag
- 4-Wheel ABS
- 4-Wheel Disc Brakes
- Brake Assist
- Electronic Stability Control
- Daytime Running Lights
- Child Safety Locks
- Integrated Turn Signal Mirrors
- Night Vision
- Traction Control
- Blind Spot Monitor
- Auto-Leveling Headlights
- Lane Departure Warning
- Lane Keeping Assist
- Cross-Traffic Alert
BMW X5 Insurance Loss Probability
The lower percentage means lower BMW X5 car insurance rates; higher percentages mean higher BMW X5 auto insurance rates. Insurance loss probability on the BMW X5 fluctuates between each type of coverage.
| Insurance Coverage Category | Loss Rate |
| Collision | 31% |
|---|---|
| Property Damage | 10% |
| Comprehensive | 53% |
| Personal Injury | no data |
| Medical Payment | no data |
| Bodily Injury | no data |
| Source: Insurance Institute for Highway Safety | |
BMW X5 Finance and Insurance Cost
If you are financing a BMW X5, most lenders will require your carry higher BMW X5 coverage options including comprehensive coverage, so be sure to shop around and compare BMW X5 car insurance rates from the best companies using our FREE tool below.
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Ways to Save on BMW X5 Insurance
Save more on your BMW X5 car insurance rates. Take a look at the following five strategies that will get you the best BMW X5 auto insurance rates possible.
- Take Public Transit Instead of Driving Your BMW X5
- Understand that Your Insurer Can Change Your BMW X5 Auto Insurance Rates Mid-Term for Other Reasons
- Ask About Loyalty Discounts
- Buy a BMW X5 with an Anti-Theft Device
- Purchase a Roadside Assistance Program for Your BMW X5
Top BMW X5 Insurance Companies
Who is the top auto insurance company for BMW X5 insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering BMW X5 auto insurance coverage (ordered by market share). Many of these companies offer discounts for security systems and other safety features that the BMW X5 offers.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | Geico | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
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Frequently Asked Questions
How can I buy cheap insurance for my BMW X5?
While the cost of insurance for a BMW X5 can vary depending on several factors, here are some tips to potentially lower your insurance premium:
- Shop around and compare quotes from multiple insurance providers to find the best deal.
- Maintain a good driving record with no or minimal accidents and traffic violations.
- Opt for a higher deductible, which can lower your premium, but be sure you can afford the deductible amount if you need to make a claim.
- Consider bundling your BMW X5 insurance with other insurance policies, such as home or renters insurance, to potentially qualify for a multi-policy discount.
- Install safety features in your vehicle, such as anti-theft devices and advanced driver-assistance systems (ADAS), which may lead to premium reductions.
- Ask your insurance provider about any available discounts specifically for BMW vehicles.
What factors affect the cost of insurance for a BMW X5?
Several factors influence the cost of insurance for a BMW X5, including:
- The model and year of your BMW X5.
- Your age, gender, and marital status.
- Your driving history, including accidents and traffic violations.
- The location where you live and park your vehicle.
- The amount of coverage and deductibles you choose.
- The average cost of repairs and replacement parts for BMW X5 vehicles.
- Your credit score (in some regions).
- The usage of your vehicle (personal or business).
Is it more expensive to insure a new BMW X5 compared to an older model?
Generally, insuring a new BMW X5 may be more expensive than an older model due to higher replacement costs, increased repair costs, and advanced features that may require specialized parts. However, insurance rates can vary depending on various factors, so it’s best to obtain quotes from different insurance providers to get an accurate comparison.
Do certain BMW X5 trims or engine sizes affect insurance premiums?
Yes, the trim level and engine size of your BMW X5 can impact your insurance premiums. More powerful engine options and higher-end trims may lead to higher insurance rates due to increased repair costs and the potential for higher speeds. However, insurance companies may also consider other factors, such as safety features and theft prevention systems, which can help lower premiums.
Can I save money on BMW X5 insurance by taking a defensive driving course?
In some cases, completing a defensive driving course may qualify you for an insurance discount. However, the availability of this discount and the specific requirements can vary between insurance providers. Contact your insurance company to inquire about potential discounts for completing a defensive driving course.
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Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.