Full coverage insurance for a BMW X5 costs $1,359 to $7,742 annually, depending on model year, age, location, driving history, coverage level and insurer. MoneyGeek provides a detailed breakdown of BMW X5 insurance costs, highlighting the best and most affordable options.
BMW X5 Insurance Cost
Updated: February 18, 2025
Key Takeaways
State Farm offers the lowest annual minimum coverage rate across all BMW X5 model years at $486.
The average annual cost of insuring a BMW X5 is $619 for minimum coverage and $1,766 for full coverage.
MoneyGeek analyzed 4,183 quotes for the BMW X5, ensuring a comprehensive market view.
BMW X5 Insurance Rates
What Is the Average BMW X5 Car Insurance Cost?
The average cost of full coverage insurance for a BMW X5 is $147 per month or $1,766 per year, based on a 40-year-old male driver with a clean driving record. Minimum coverage averages $52 monthly or $619 yearly.
| Minimum Coverage | $619 |
| Full Coverage | $1,766 |
BMW X5 Insurance Costs by Company
BMW X5 insurance costs range from $1,384 to $2,438 per year, depending on age, model year and coverage level. The table below compares the average rates from various national and mid-size providers with their average rates for all vehicles.
| Allstate | $2,271 | $1,804 | 26% |
| Auto-Owners | $1,384 | $1,224 | 13% |
| Farmers | $2,263 | $1,950 | 16% |
| GEICO | $1,652 | $1,328 | 24% |
| Kemper | $2,438 | $2,207 | 10% |
| Nationwide | $1,800 | $1,585 | 14% |
| Progressive | $1,988 | $1,739 | 14% |
| State Farm | $1,530 | $1,265 | 21% |
| Travelers | $1,796 | $1,517 | 18% |
| USAA | $1,422 | $1,196 | 19% |
Read more: Best Car Insurance Companies
Cost of Insuring a BMW X5 by Model Year
Your BMW X5's production year affects insurance rates, with older models typically being cheaper. Full coverage on a 2022 model averages $2,173 annually, while a 2009 model averages $1,397. Below are the average full and minimum coverage rates by production year.
| 2022 | $610 | $2,173 |
| 2021 | $601 | $2,025 |
| 2020 | $589 | $1,983 |
| 2019 | $626 | $1,950 |
| 2018 | $637 | $1,908 |
| 2017 | $616 | $1,854 |
| 2016 | $644 | $1,800 |
| 2015 | $647 | $1,746 |
| 2014 | $624 | $1,702 |
| 2013 | $651 | $1,657 |
| 2012 | $651 | $1,612 |
| 2011 | $625 | $1,541 |
| 2010 | $650 | $1,469 |
| 2009 | $647 | $1,397 |
BMW X5 Insurance Costs by Driver Age
BMW X5 insurance rates vary greatly depending on the driver's age. For example, a 16-year-old pays about $7,742 a year for full coverage, while a 40-year-old pays around $1,773. Below are the average full coverage and minimum rates for different ages.
| 16 | $2,902 | $7,742 |
| 17 | $2,359 | $6,321 |
| 18 | $2,062 | $5,574 |
| 19 | $1,470 | $3,991 |
| 20 | $1,322 | $3,630 |
| 21 | $1,051 | $2,924 |
| 22 | $959 | $2,690 |
| 23 | $891 | $2,510 |
| 24 | $847 | $2,387 |
| 25 | $740 | $2,120 |
| 26 | $720 | $2,060 |
| 27 | $703 | $2,014 |
| 28 | $691 | $1,982 |
| 29 | $681 | $1,953 |
| 30 | $656 | $1,877 |
| 35 | $637 | $1,811 |
| 40 | $630 | $1,773 |
| 45 | $624 | $1,744 |
| 50 | $609 | $1,687 |
| 55 | $593 | $1,636 |
| 60 | $593 | $1,630 |
| 65 | $630 | $1,662 |
| 70 | $685 | $1,777 |
| 75 | $760 | $1,950 |
| 80 | $862 | $2,169 |
| 85 | $932 | $2,329 |
| 90 | $984 | $2,442 |
BMW X5 Insurance Rates Explained
Several factors influence car insurance rates based on driver profiles. Insurers also consider vehicle-related factors, such as make, model, age and safety features. Below is a breakdown of these cost factors.
BMW X5 Rates vs. National Average
All Vehicles
Average Full Coverage Rate
$1,296BMW X5
Average Full Coverage Rate
$1,766Premiums for BMW X5 are:$470 more
This is 36% more expensive.
Value
The BMW X5's MSRP is $90,295, which categorizes it as a luxury vehicle. This high MSRP can lead insurers to charge more for insurance.
Repair costs
The annual repair cost for the BMW X5 is $1,166, higher than the national average. Expensive parts and labor can raise insurance costs.
Performance
The BMW X5 is classified as a high-performance vehicle, with a 0 to 60 time of 3.9 seconds and horsepower ranging from 375 to 523. Insurers may charge higher premiums due to the increased risk associated with its performance capabilities.
Vehicle age
Newer cars like the BMW X5 are costlier to insure due to higher repair costs and advanced technology, while classic vehicles can be even more expensive due to rarity and high restoration costs.
Safety features
Safety features like stability control, airbags and antilock brakes can qualify your vehicle for insurance discounts. The BMW X5 includes these features to reduce accident risk.
Vehicle size
Larger vehicles like the BMW X5, with a curb weight of 5,573 lbs, can cost more to insure due to increased property damage potential.
Trim level
Higher trim levels often feature premium upgrades, leading to a higher MSRP. BMW's higher trim level costs more to insure than the base model.
Theft rates
Vehicles at higher risk of being stolen cost more to insure. According to the Highway Loss Data Institute (HLDI), the BMW X5 has a theft relative claims frequency of 59, which may increase insurance rates.
Anti-theft features
The BMW X5's anti-theft features may help lower insurance premiums.
Cheapest BMW X5 Insurance
State Farm offers the most affordable insurance for a BMW X5 at $486 annually for minimum coverage, based on a 40-year-old male driver with a clean driving record. Below is a breakdown of the cheapest BMW X5 insurance rates across coverage levels, age groups, driving records, model years and more.
Cheapest BMW X5 Insurance by Coverage Level
The coverage level you select significantly affects your BMW X5 insurance rate. State Farm offers the most affordable rates for minimum coverage and full coverage. Below is a breakdown of the cheapest providers for both coverage types.
Cheapest BMW X5 Minimum Coverage
State Farm provides the cheapest minimum coverage for a BMW X5 at $41 monthly. GEICO, Travelers and Nationwide also offer competitive rates, ranging from $44 to $53.
| USAA | $37 | $441 |
| State Farm | $41 | $486 |
| GEICO | $44 | $529 |
| Travelers | $51 | $614 |
| Nationwide | $53 | $641 |
| Progressive | $55 | $665 |
| Allstate | $56 | $675 |
| Farmers | $62 | $739 |
*State Farm offers the lowest average minimum coverage insurance rate for non-military-affiliated BMW X5 owners. USAA is the most affordable option for military-affiliated drivers.
Best BMW X5 Insurance Rates by Model Year
The above list doesn't consider the BMW X5's production year, so lower rates might be available depending on your vehicle's age. Check the table below to find the cheapest minimum coverage rates for each BMW X5 production year.
Data filtered by:Results filtered by:
Select
Model Year:2009
| Allstate | $704 | $59 |
| Farmers | $756 | $63 |
| GEICO | $561 | $47 |
| Nationwide | $696 | $58 |
| Progressive | $697 | $58 |
| State Farm | $482 | $40 |
| Travelers | $720 | $60 |
| USAA | $421 | $35 |
*USAA is available only to military veterans, active service members and their families.
Cheapest Full Coverage BMW X5 Insurance
State Farm offers the cheapest full coverage insurance for a BMW X5 at $1,475 annually or $123 monthly. Below is a complete list of full coverage providers and their rates for the X5.
| USAA | $113 | $1,359 |
| State Farm | $123 | $1,475 |
| GEICO | $133 | $1,597 |
| Nationwide | $139 | $1,666 |
| Travelers | $148 | $1,770 |
| Progressive | $160 | $1,915 |
| Farmers | $174 | $2,094 |
| Allstate | $181 | $2,171 |
*On average, State Farm is the cheapest insurer for non-military-affiliated BMW X5 owners seeking full coverage. For military-affiliated drivers, USAA is the most affordable option.
Cheapest BMW X5 Insurance by Age
Younger drivers aged 16 to 25 and seniors 55+ often pay more for BMW X5 insurance. Below is a breakdown of the cheapest BMW X5 insurance by age.
Cheapest BMW X5 Insurance for Young Drivers
State Farm offers the lowest minimum coverage rates for young BMW X5 drivers at $1,069 annually or $89 monthly. Below is a table detailing the affordable insurance options for young drivers.
| USAA | $77 | $925 |
| State Farm | $89 | $1,069 |
| GEICO | $105 | $1,261 |
| Travelers | $108 | $1,293 |
| Allstate | $127 | $1,525 |
| Nationwide | $141 | $1,686 |
| Progressive | $165 | $1,982 |
| Farmers | $168 | $2,015 |
*State Farm is the cheapest insurer for young, non-military-affiliated drivers. USAA is the most affordable option for military-affiliated drivers.
Cheapest BMW X5 Insurance for Seniors
State Farm offers the cheapest car insurance for seniors at $45 monthly or $536 annually. Rates range from $536 to $992 annually. See the full list of cheap BMW X5 insurers below.
| State Farm | $45 | $536 |
| USAA | $49 | $590 |
| GEICO | $52 | $629 |
| Travelers | $62 | $739 |
| Nationwide | $63 | $752 |
| Allstate | $68 | $820 |
| Progressive | $68 | $821 |
| Farmers | $83 | $992 |
Cheapest BMW X5 Insurance After an Accident
For BMW X5 drivers, State Farm, GEICO and Travelers offer the cheapest car insurance after an accident. Check the complete list below for more options.
| State Farm | $51 | $609 |
| USAA | $56 | $675 |
| GEICO | $70 | $835 |
| Travelers | $74 | $886 |
| Allstate | $77 | $923 |
| Nationwide | $82 | $983 |
| Progressive | $91 | $1,096 |
| Farmers | $125 | $1,502 |
BMW X5 Insurance Cost: Bottom Line
Make it a habit to compare rates from different providers to find the cheapest car insurance. This article explores BMW X5 insurance costs across various groups and highlights the most affordable providers.
BMW X5 Insurance Rates: FAQ
Below are some frequently asked questions about the cost of insuring a BMW X5.
What company has the cheapest car insurance for a BMW X5?
State Farm offers the cheapest car insurance for a BMW-X5, with a minimum coverage rate of $486.
What is the average cost of car insurance for a BMW X5?
The average annual cost of minimum coverage for a BMW X5 is $619, while full coverage averages $1,766.
BMW X5 Insurance Ratings: Our Review Methodology
MoneyGeek analyzed data and 4,183 quotes for a BMW X5 from Quadrant Information Services.
Drivers and Cars
MoneyGeek used a sample driver profile with the following characteristics to calculate the average rates for insuring a BMW X5:
- 40-year-old male
- Clean driving record
- 12,000 miles driven annually
We also modified the sample driver profile to determine BMW X5 insurance rates for different age groups, driving records and model years. MoneyGeek collected data for the following model years:
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
If data on specific model years wasn't available, our data scientists estimated rates based on how insurers typically price car models each year. The published rates are estimates and may not reflect the rate you'll receive for your BMW X5.
Coverage Levels
Each state differs in minimum coverage requirements, so our rates are a combination of minimum coverage policies in the states where we gathered our data.
MoneyGeek’s analysis also includes average rates for a full coverage policy that includes comprehensive and collision coverage (with a $1,000 deductible) and the following increased coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability per accident
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.