BMW X5 Car Insurance: How Much Should You Expect to Pay?

The average auto insurance price for a BMW X5 averages out to be around $175 a month. Our complete guide will provide the information you need to know about how much car insurance carriers might charge you to insure your BMW X5.

Quick Facts

  • A BMW X5 costs more than most other SUVs to insure.
  • Full coverage auto insurance for a X5 comes in at around $175 per month, on average, while liability only insurance generally tends to be about $85.
  • NationalGeneral offers the lowest average rates for a X5 with liability only coverage offered for as low as $32 monthly.

X5 Overview

The BMW X5 is on the more expensive end of the spectrum, with a base price of $59,400 for new 2022 models. There's a X5 for every driver, with your choice of five different trim options.

Based on analyzing thousands of car insurance quotes from Compare.com, we've determined that average BMW X5 insurance prices run around $175 a month. But where does that fall compared to the rest of the market?

Current Base Price$59,400
Body Style(s)SUV
Trim LevelsXDRIVE40I, M50I, SDRIVE 40I, XDRIVE45E, M/M COMPETITION
Average Insurance Premium$175/mo.
Cheapest Insurance CompanyNationalGeneral

How Much is Car Insurance for a BMW X5?

Vehicle Liability Only Full Coverage
BMW X5$85$175
All BMW Models$84$199
All SUVs$80$151
Average Insurance Premium$81$169

You'll see in the table above that when you compare the BMW X5 to other vehicles, insurance premiums are right about average. X5 owners usually pay around $175 monthly for full coverage, which has comprehensive and collision coverages in addition to liability, and about $85 per month for liability only insurance (learn more about the difference with our guide "State Minimum vs. Full Coverage").

Comparing it to other models, the X5 is more affordable, with rates about 12% lower than other vehicles in BMW's lineup. But X5 coverage is higher than average when compared to other vehicles of a similar body style, with both full coverage and liability only insurance averaging more expensive premiums than other SUVs.

Compared to all vehicles of any body type, auto insurance rates for both full coverage and liability only policies run higher than average.

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Who has the Cheapest Car Insurance for a BMW X5?

Insurance Company Average Monthly Premium
Hugo$29
MetLife$30
NationalGeneral$32
Mapfre$37
Shelter Mutual$38

Browsing for an auto insurance policy for your BMW X5? You're probably most interested in which carrier offers the most affordable prices. While there will never be one company that has the most affordable rates for everyone, the lowest average rates for liability only insurance are sometimes just $29 a month from Hugo. With car insurance as cheap as $30 monthly, MetLife is the next cheapest insurance carrier.

NationalGeneral, Mapfre, and Shelter Mutual finish off the rest of the top 5. However, just because these five companies offer the lowest average rates doesn't necessarily mean they'll be the cheapest for you.

Auto insurance carriers take a bunch of variables into consideration when offering you rates. The only way to guarantee you'll find the most affordable rates is to compare quotes from several car insurance companies.

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What Factors Affect Car Insurance Rates for a BMW X5?

There are a whole range of pieces that insurance carriers take into account to decide how much they charge you for auto insurance -- and every company uses a different method, so there's not a singular carrier that's the lowest for everyone.

The following sections show a bunch of things car insurance companies use to calculate rates:

Vehicle Age

Vehicle Age Average Monthly Premium
Less than 1 Year$83
2-3 Years$79
4-5 Years$69
6-7 Years$85
8-10 Years$88
11-14 Years$81
15 Years or Older$94

The BMW X5 has been around for a while, so vehicle age will likely make a difference in what you end up paying for insurance. Usually, it costs more to insure newer cars because they're worth more, however, as time goes on and X5s begin to depreciate, insurance costs will gradually go lower.

As you can see in the information above, the BMW X5 bucks the trend, as the most expensive models to insure are those that are 15 years old or more, while the cheapest X5s are 4 to 5 years old, on average.

Your Age

Age Average Monthly Premium

Your age is another variable that makes a significant difference in how much car insurance carriers will charge for auto insurance. As you can see in the table above, older drivers have less expensive prices than young X5 drivers. BMW X5 drivers under 18 actually pay $67 more than those 25 or older.

Insurance prices continue to get lower as you get older, with drivers aged 55-64 making up the cheapest age group for the X5.

Your Gender

Gender Average Monthly Premium
Male$87
Female$83

Because women are less likely to get into accidents and get speeding tickets, they run a lower risk of filing a claim with insurance. So, insurance companies will often charge women less than men. When it comes to X5 drivers specifically, women pay around 5% less than men a month for insurance.

Where You Live

State Average Monthly Premium
California$55
Florida$124
Georgia$108
Illinois$46
New York$209
North Carolina$47
Ohio$56
Pennsylvania$65
Texas$60
Virginia$61

You might think it's common sense that factors such as how old you are and what vehicle you drive play a role in your car insurance rates, but you may not realize that where you live is equally important. Car insurance is regulated on the state level and not nationally, so prices differ quite a bit depending on which state you call home.

For example, the average BMW X5 owner from New York pays about $209 per month for liability coverage. Meanwhile, the same driver from California will pay less than 50% of that price, on average. The table referenced above shows average premiums for the top 10 most populous states, just to give you a good idea of how much rates can change across states.

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BMW X5 Car Insurance Discounts

No matter your age, your car, or your home state, using as many discounts as possible when it comes to your auto insurance is always important when shopping around for a policy.

Even though all car insurance carriers offer their own unique discounts, there are a few that you'll find with most insurers. These include discounts like:

  • Multi-vehicle discounts for adding more than one car to your auto policy
  • Pay-in-full discounts for drivers who agree to pay their entire policy rate at once, rather than by monthly payments
  • Defensive driving discounts for taking a defensive driving class through an accredited school or institution
  • Vehicle safety discounts for having a vehicle with higher than average safety ratings or one with certain safety features (like air bags or anti-lock brakes)

These discounts are great, but sometimes, the best way to get great rates is to work on your overall insurance profile.

Of course, you can't control every single aspect of your insurance profile (like some of the attributes we mentioned above), but there is quite a bit of it that you can influence. Below are just a few of the ones you can use to your favor in order to save money on auto insurance:

Your Driving Record

Infractions Average Monthly Premium
1 Accident$101
Multiple Accidents$140
1 Ticket$97
Multiple Tickets$142

You've probably heard ads from insurance companies posting big discounts for safe drivers. It follows that if you get cited for speeding or get into an accident, car insurance premiums will increase. But exactly how much can it cost you for these infractions?

According to the table above, accidents will usually cost X5 drivers more than tickets, but both will result in a raise in rates. BMW X5 drivers with one accident on their record pay about $101 a month (up $16 from the $85/mo. overall average), while drivers with a single ticket will pay an average of $97 a month. The rates only go higher the more accidents you have or tickets you get.

How Much You Drive

Annual Mileage Average Monthly Premium
0-2,500 Miles$72
2,501-5,000 Miles$73
5,001-7,500 Miles$80
7,501-10,000 Miles$87
10,000+ Miles$93

Another factor that plays a big role in your auto insurance prices is the total amount of miles you drive. Drivers who are on the roads less have fewer opportunities to get into an accident, so they'll typically get more affordable rates. In the above table, you can see that BMW X5 owners who drive 10,000 miles or more pay $93 for car insurance, while those who drive fewer than 2,500 miles every year pay about $72 per month.

If you don't drive much because you work from home or have a second vehicle, you might consider choosing a usage-based or pay-per-mile auto insurance policy. With these policies, you pay a small monthly amount, and your final monthly bill is calculated based on the number of miles you drove.

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How Do BMW X5s Compare to Other Vehicles?

If you're considering purchasing a BMW X5, you might want to know how it compares to other vehicles. Insurance is just one cost that comes with a new car purchase, but it's guaranteed to be one that's worth taking into consideration.

Take a look at the table below to see how the BMW X5 stacks up:

BMW X5 National Average
Liability Insurance$37$81
Full Coverage Insurance$195$169
Base MSRP$59,400$46,192
Average Annual Mileage10,47111,617

With an MSRP that's a quarter more than the going rate for a new vehicle, the BMW X5 is more expensive than average. While the average vehicle price in the U.S. is $46,192, the X5 comes in above that at $59,400.

Full coverage insurance for a BMW X5 is around $26 per month more than average, while liability only coverage is over $40 less monthly.

When it comes to usage, BMW X5 drivers are far from the national average in annual miles driven, with 10,471 miles each year compared to 11,617 for all vehicles.

BMW X5 Car Insurance Costs by Model Year

Thus far, you've seen how different variables have an impact on how much the average driver pays to insure a BMW X5. But if you're in the market for a new car, truck, or SUV and the X5 is on your wishlist, knowing what you'll likely pay is extremely valuable as you weigh your options.

2022 BMW X5 Car Insurance

   
Liability Only Avg. Premium$37
Full Coverage Avg. Premium$195
Base MSRP$59,400
Cheapest Insurance CompanyHugo - $31/mo.
Available TrimsM/M COMPETITION, M50I, SDRIVE 40I, XDRIVE40I, XDRIVE45E

If you're considering a brand new BMW X5, you've got plenty of options. With five different trim levels to pick from, there's surely a style for everyone.

When it comes to insuring a X5, it costs about $37 a month, on average, to insure a 2022 BMW X5 for liability only and $195 monthly for full coverage. And if you want the lowest insurance possible, Hugo offers liability only policies for as low as just $31 per month.

Although this gave you a good idea of what the average 2022 X5 will cost to insure, you'll only find out exactly what you'll pay if you get a personalized quote. Luckily, with Compare.com you can get quotes from a variety of carriers at once, all for free. Just enter your ZIP code below, answer a few questions, and you'll be unlocking your best rates in minutes.

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2021 BMW X5 Car Insurance

   
Liability Only Avg. Premium$65
Full Coverage Avg. Premium$187
Base MSRP$59,400
Cheapest Insurance CompanyHugo - $25/mo.
Available TrimsM/M COMPETITION, M50I, SDRIVE 40I, XDRIVE40I, XDRIVE45E

If you're in the market for a 2021 X5 or already own one, you're most likely looking at an average auto insurance premium of around $65 for liability or $187 for full coverage.

And if you're just looking for the cheapest insurance for your X5, Hugo offers liability only policies for as cheap as just $25 monthly.

If you want to know exactly how much you can expect to pay for your X5, just enter your ZIP code below and get several free quotes in minutes.

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2020 BMW X5 Car Insurance

   
Liability Only Avg. Premium$68
Full Coverage Avg. Premium$152
Base MSRP$58,900
Cheapest Insurance CompanySafeAuto - $30/mo.
Available TrimsM/M COMPETITION, M50I, SDRIVE 40I, XDRIVE40I, XDRIVE50I

The average cost to insure a 2020 X5 with liability only coverage is $68 a month, while full coverage runs about $152 per month.

SafeAuto has prices as little as $30 monthly for the 2020 BMW X5.

While these are good estimates of what the average driver might pay to insure a 2020 BMW X5, these rates might differ based on your driver profile. Just enter your ZIP code below, to get free personalized quotes in minutes.

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2019 BMW X5 Car Insurance

   
Liability Only Avg. Premium$92
Full Coverage Avg. Premium$206
Base MSRP$60,700
Cheapest Insurance CompanyDirectGeneral - $23/mo.
Available TrimsXDRIVE40I, XDRIVE50I

On average, drivers who own a 2019 BMW X5 can expect to pay $92 to $206 per month for liability only and full coverage car insurance, respectively.

With prices sometimes as little as $23 a month, DirectGeneral offered the most affordable policy we found.

Want to know just how much you'll pay? All you need to do is enter your ZIP code below and you'll be on your way to comparing lots of personalized quotes from the nation's top insurance companies.

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2018 BMW X5 Car Insurance

   
Liability Only Avg. Premium$117
Full Coverage Avg. Premium$222
Base MSRP$57,200
Cheapest Insurance CompanyDirectGeneral - $45/mo.
Available TrimsM, SDRIVE35I, XDR40E, XDRIVE35D, XDRIVE35I, XDRIVE50I

It costs around $117 monthly for liability or $222 for a full coverage policy for the 2018 X5.

DirectGeneral offered the lowest policy we found, with rates sometimes as low as $45 per month.

If you want to know exactly how much you can expect to pay for your X5, just enter your ZIP code below and get free quotes in minutes.

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2017 BMW X5 Car Insurance

   
Liability Only Avg. Premium$86
Full Coverage Avg. Premium$181
Base MSRP$56,600
Cheapest Insurance CompanyDairyland - $25/mo.
Available TrimsM, SDRIVE35I, XDR40E, XDRIVE35D, XDRIVE35I, XDRIVE50I

You can expect full coverage for a 2017 BMW X5 to run about $181 a month, while liability only coverage will average around $86 per month.

We found Dairyland offered the most affordable policy, with rates as little as just $25 monthly.

What will your auto insurance rate be? Enter your ZIP code below to get lots of personalized quotes for free.

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2016 BMW X5 Car Insurance

   
Liability Only Avg. Premium$72
Full Coverage Avg. Premium$178
Base MSRP$53,900
Cheapest Insurance CompanyStateAuto - $20/mo.
Available TrimsM, SDRIVE35I, XDR40E, XDRIVE35D, XDRIVE35I, XDRIVE50I

2016 X5 drivers can expect to pay an average of $72 a month for liability or $178 for full coverage.

With premiums sometimes as cheap as $20 monthly, StateAuto offered the cheapest policy we found for the 2016 BMW X5.

If you want more accurate quotes of how much you can expect to pay, get free quotes in minutes by just entering your ZIP code below.

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2015 BMW X5 Car Insurance

   
Liability Only Avg. Premium$71
Full Coverage Avg. Premium$200
Base MSRP$53,900
Cheapest Insurance CompanyDairyland - $24/mo.
Available TrimsM, SDRIVE35I, XDRIVE35D, XDRIVE35I, XDRIVE50I

It costs about $71 per month for liability or $200 for a full coverage policy for the 2015 BMW X5.

Looking for the most affordable policy? Dairyland offered liability only coverage for as cheap as $24 a month.

If you want to know exactly how much you can expect to pay for your X5, get free quotes in minutes by just entering your ZIP code below.

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2014 BMW X5 Car Insurance

   
Liability Only Avg. Premium$84
Full Coverage Avg. Premium$186
Base MSRP$52,800
Cheapest Insurance CompanyACG - $20/mo.
Available TrimsSDRIVE35I, XDRIVE35D, XDRIVE35I, XDRIVE50I

2014 X5 drivers can expect to pay an average of $84 per month for liability or $186 for full coverage.

If you're looking for the most affordable 2014 BMW X5 insurance policy, ACG offered the lowest policy we found, with rates sometimes as low as $20 a month.

Want something more accurate than national averages? Get several personalized quotes for free by just entering your ZIP code below.

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2013 BMW X5 Car Insurance

   
Liability Only Avg. Premium$95
Full Coverage Avg. Premium$168
Base MSRP$47,500
Cheapest Insurance CompanyMetLife - $20/mo.
Available TrimsM, XDRIVE35D, XDRIVE35I, XDRIVE50I

The average cost to insure a 2013 BMW X5 with liability only coverage is $95 monthly, while full coverage runs around $168 a month.

With prices as cheap as just $20 monthly, MetLife offered the cheapest policy we found.

If you're looking for a more exact figure on what you should pay for car insurance for a 2013 BMW X5, you can get free quotes in minutes by just entering your ZIP code below.

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2012 BMW X5 Car Insurance

   
Liability Only Avg. Premium$82
Full Coverage Avg. Premium$180
Base MSRP$47,500
Cheapest Insurance CompanyMercury - $20/mo.
Available TrimsM, XDRIVE35D, XDRIVE35I, XDRIVE50I

You can expect full coverage for a 2012 X5 to run about $180 per month, while liability only coverage will average around $82 a month.

If you're looking for the cheapest possible 2012 BMW X5 insurance policy, Mercury offered the most affordable policy we found, with rates as low as $20 per month.

Interested in what your insurance premium will be? Just enter your ZIP code below to get multiple free customized quotes.

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2011 BMW X5 Car Insurance

   
Liability Only Avg. Premium$94
Full Coverage Avg. Premium$162
Base MSRP$46,300
Cheapest Insurance CompanyDairyland - $19/mo.
Available TrimsM, XDRIVE35D, XDRIVE35I, XDRIVE50I

On average, drivers who own a 2011 BMW X5 can expect to pay $94 to $162 monthly for liability only and full coverage auto insurance, respectively.

Dairyland has rates as little as just $19 a month for the 2011 BMW X5.

If you want to know just how much your price will be, just enter your ZIP code below and get several free quotes in minutes.

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2010 BMW X5 Car Insurance

   
Liability Only Avg. Premium$92
Full Coverage Avg. Premium$170
Base MSRP$47,600
Cheapest Insurance CompanyWorkmens - $28/mo.
Available TrimsM, XDRIVE30I, XDRIVE35D, XDRIVE48I

It costs about $92 per month for liability or $170 for a full coverage policy for the 2010 X5.

Looking for the cheapest policy? Workmens offered liability only coverage for as low as just $28 monthly.

These average premiums are a great starting point if you're in the market for a 2010 BMW X5, but there are a range of different factors that go into calculating your policy rates. If you want to figure out exactly what you'll be asked to pay, get customized quotes by entering your ZIP below.

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BMW X5 Insurance FAQs

Is a BMW X5 expensive to insure?

Liability insurance runs an average of $85 a month, while full coverage will cost you around $175. It costs more to insure a BMW X5 when compared to the average vehicle.

How can I get the best price on car insurance for my BMW X5?

There's only one way to confirm you're getting the lowest rates -- checking prices regularly and comparing quotes from a multitude of carriers. Over time, your driver profile changes, so it's a good rule of thumb to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare rates from a variety of companies at once, meaning you can find the most affordable rates (or guarantee you already have the best deal) for free.

Does the color of my BMW X5 affect my insurance premiums?

Have you heard that it costs more to insure red cars than silver or white ones before? Well, that's actually not the case. There are quite a few things car insurance carriers use when they offer you a premium, but your X5's color isn't one of them.

Do I need to have insurance before I buy a BMW X5?

You'll need to have a valid insurance policy before you can legally drive your new (or new to you) BMW X5 off the dealership lot. Some dealerships will offer you an auto insurance policy as part of the buying process, but the easiest thing to do is to let your auto insurance company know ahead of time.

What car insurance discounts can I get for my BMW X5?

There are a variety of discounts out there for insurance. Many of them (like "multi-policy discounts" and "safe driver discounts") are based less on your car and more on you, but if your X5 has safety features like anti-lock brakes, anti-theft systems, airbags, and other features, it may be eligible for certain discounts. You'll only know about which discounts you qualify for if you get in touch with your insurance carrier and ask about which discounts they offer.

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