BMW 7 Series insurance costs change based on model year, with newer vehicles being more expensive to insure. Monthly premiums range from $52 for older models to $391 for newer BMW 7 Series.
BMW 7 Series Insurance Cost
Key Takeaways
GEICO offers the most affordable BMW 7 Series insurance on average, though full coverage costs vary widely by model year and insurer, averaging $222 monthly nationwide. The Hartford is cheaper for newer models. Read more
The BMW 7 Series ranks 141st out of 199 sedans for insurance affordability, placing it in the middle tier for its vehicle type. Sedans enjoy lower premiums than other vehicles due to better safety ratings and reduced repair costs. Read more
Getting accurate rates means checking costs for your specific BMW 7 Series model year, especially if you're insuring a teen driver on your policy. Read MoneyGeek's analysis of rates by company for specific 7-Series model years, depending on the age of the drivers
How Much Is BMW 7 Series Insurance?
$178 | $352 | |
$168 | $333 | |
$123 | $244 | |
$139 | $272 | |
$158 | $307 | |
$136 | $266 | |
$117 | $228 | |
$146 | $287 | |
$121 | $235 | |
$122 | $237 | |
2015 | $126 | $245 |
2014 | $102 | $198 |
2013 | $102 | $197 |
2012 | $95 | $185 |
2011 | $106 | $206 |
2010 | $127 | $245 |
2009 | $107 | $207 |
2008 | $73 | $140 |
2007 | $97 | $186 |
2006 | $98 | $189 |
2005 | $92 | $177 |
2004 | $54 | $104 |
2003 | $52 | $101 |
2002 | $74 | $142 |
2001 | $97 | $187 |
2000 | $84 | $161 |
Looking for another BMW model? Read more about the cost of BMW car insurance models.
Your BMW 7 Series insurance rate depends on which company you choose, not just what coverage you buy. MoneyGeek's data shows minimum coverage and full coverage rates vary widely across insurers for the same model year and protection level.
Shopping multiple quotes is the most reliable way to find a lower premium. Each insurer weighs 7 Series risk factors differently, so the gap between the cheapest and most expensive option can be substantial.
| AAA | $131 | $272 |
| AIG | $156 | $384 |
| Allstate | $146 | $282 |
| Amica | $142 | $290 |
| Chubb | $136 | $271 |
| Farmers | $163 | $286 |
| Geico | $81 | $177 |
| Kemper | $112 | $230 |
| Nationwide | $124 | $215 |
| Progressive | $117 | $219 |
| State Farm | $109 | $227 |
| The Hartford | $118 | $202 |
| Travelers | $98 | $181 |
| UAIC | $162 | $200 |
Is BMW 7 Series Expensive to Insure?
The BMW 7 Series ranks 141st out of 199 sedans in MoneyGeek's affordability analysis, meaning 140 sedans cost less to insure. It sits between the Subaru WRX and the Infiniti Q50, with only minor rate differences between the three models.
Sedans as a category run expensive compared to other vehicle types. Among 827 cars in MoneyGeek's database, the BMW 7 Series ranks 608th, putting it in the pricier half. The Saturn S-Series is the most affordable sedan to insure; the Cadillac CTS-V carries the highest premiums.
| Audi S5 | $165 | 138 |
| Acura TLX | $165 | 138 |
| Mitsubishi Lancer | $166 | 139 |
| Bentley Arnage | $166 | 139 |
| Subaru WRX | $166 | 140 |
| BMW 7-series | $168 | 141 |
| Infiniti Q50 | $170 | 142 |
| Mercedes CLS | $171 | 143 |
| Mercedes S-Class | $171 | 144 |
Several factors affect what you'll pay for BMW 7 Series insurance:
- Average Repair or Replacement Costs: BMW 7 Series maintenance averages $2,173 annually, the second-highest among BMW's 30 models. Insurers factor repair costs into premiums, so higher maintenance expenses push rates up.
- Vehicle Trim, Features and Accessories: Horsepower ranges from 335 to 621, depending on the trim. High-performance variants like the M760i and Alpina B7 carry higher premiums because of their greater accident risk at top power levels.
- Driver Profile: Most BMW 7 Series owners are between 50 and 60 years old, and their income and driving history tend to produce lower rates. The vehicle's performance profile draws some higher-risk drivers, which insurers account for in their pricing. Younger drivers can see higher costs. See how age affects BMW 7 Series insurance rates for a breakdown.
BMW 7 Series Insurance Cost by State
Car insurance for a BMW 7 Series costs as little as $48 per month in Wyoming or as much as $226 in Louisiana for minimum coverage. Your state's risk characteristics and insurance regulations drive these differences, not the luxury vehicle itself.
| Alabama | $98 | $186 |
| Alaska | $84 | $178 |
| Arizona | $136 | $253 |
| Arkansas | $91 | $203 |
| California | $108 | $219 |
| Colorado | $112 | $268 |
| Connecticut | $151 | $260 |
| Delaware | $152 | $255 |
| Florida | $138 | $319 |
| Georgia | $160 | $265 |
| Hawaii | $60 | $137 |
| Idaho | $62 | $125 |
| Illinois | $104 | $195 |
| Indiana | $72 | $141 |
| Iowa | $67 | $161 |
| Kansas | $84 | $195 |
| Kentucky | $139 | $236 |
| Louisiana | $226 | $480 |
| Maine | $61 | $127 |
| Maryland | $167 | $282 |
| Massachusetts | $116 | $246 |
| Michigan | $175 | $340 |
| Minnesota | $96 | $201 |
| Mississippi | $101 | $200 |
| Missouri | $139 | $276 |
| Montana | $89 | $211 |
| Nebraska | $82 | $187 |
| Nevada | $186 | $337 |
| New Hampshire | $81 | $143 |
| New Jersey | $178 | $294 |
| New Mexico | $93 | $207 |
| New York | $129 | $232 |
| North Carolina | $89 | $176 |
| North Dakota | $73 | $159 |
| Ohio | $84 | $163 |
| Oklahoma | $105 | $235 |
| Oregon | $127 | $222 |
| Pennsylvania | $101 | $237 |
| Rhode Island | $137 | $245 |
| South Carolina | $114 | $213 |
| South Dakota | $66 | $208 |
| Tennessee | $89 | $180 |
| Texas | $140 | $285 |
| Utah | $116 | $197 |
| Vermont | $55 | $131 |
| Virginia | $107 | $172 |
| Washington | $101 | $189 |
| West Virginia | $104 | $210 |
| Wisconsin | $75 | $165 |
| Wyoming | $48 | $148 |
BMW 7 Series Costs by Model Year and Insurance Company
The model year of your BMW 7 Series impacts insurance costs, along with your driver's age on your policy. A 35- to 55-year-old driver pays around $358 monthly for full coverage on a 2025 BMW 7-series, while a 2016 model costs just $255 per month. Newer models command higher premiums, and teen drivers face much steeper rates across all years.
The Hartford consistently offers the most affordable rates across newer BMW 7 Series model years, while GEICO is cheaper for older models.
Older models (2016 to 2020):
Cost of Car Insurance for 2025 BMW 7 Series
| The Hartford | $118 | $200 |
| Kemper | $135 | $276 |
| Geico | $138 | $304 |
| National General | $142 | $292 |
| Travelers | $147 | $276 |
| Progressive | $150 | $282 |
| Nationwide | $175 | $306 |
| State Farm | $183 | $386 |
| UAIC | $188 | $239 |
| AAA | $197 | $414 |
| Chubb | $223 | $450 |
| Amica | $230 | $473 |
| Allstate | $234 | $454 |
| AIG | $234 | $592 |
| Farmers | $243 | $428 |
Cost of Car Insurance for 2024 BMW 7 Series
| The Hartford | $111 | $190 |
| Kemper | $127 | $261 |
| Geico | $131 | $288 |
| National General | $135 | $276 |
| Travelers | $139 | $261 |
| Progressive | $142 | $267 |
| Nationwide | $165 | $290 |
| State Farm | $173 | $366 |
| UAIC | $178 | $226 |
| AAA | $187 | $392 |
| Chubb | $211 | $426 |
| Amica | $218 | $447 |
| Allstate | $221 | $430 |
| AIG | $222 | $560 |
| Farmers | $230 | $405 |
Cost of Car Insurance for 2023 BMW 7 Series
| The Hartford | $81 | $139 |
| Kemper | $93 | $191 |
| Geico | $96 | $211 |
| National General | $99 | $202 |
| Travelers | $102 | $191 |
| Progressive | $104 | $196 |
| Nationwide | $121 | $212 |
| State Farm | $127 | $268 |
| UAIC | $131 | $166 |
| AAA | $137 | $287 |
| Chubb | $154 | $312 |
| Amica | $159 | $328 |
| Allstate | $162 | $315 |
| AIG | $162 | $410 |
| Farmers | $169 | $296 |
Cost of Car Insurance for 2022 BMW 7 Series
| Geico | $98 | $215 |
| National General | $111 | $227 |
| Travelers | $119 | $220 |
| Progressive | $132 | $249 |
| Kemper | $135 | $279 |
| State Farm | $141 | $297 |
| Nationwide | $142 | $248 |
| The Hartford | $150 | $256 |
| AAA | $155 | $323 |
| Chubb | $170 | $343 |
| UAIC | $174 | $219 |
| Amica | $175 | $360 |
| Allstate | $177 | $342 |
| AIG | $189 | $474 |
| Farmers | $201 | $352 |
Cost of Car Insurance for 2021 BMW 7 Series
| Geico | $106 | $233 |
| National General | $125 | $257 |
| Travelers | $136 | $251 |
| Progressive | $158 | $296 |
| State Farm | $160 | $334 |
| Nationwide | $164 | $286 |
| Kemper | $169 | $348 |
| AAA | $176 | $365 |
| Chubb | $191 | $385 |
| Amica | $196 | $403 |
| Allstate | $197 | $381 |
| The Hartford | $200 | $340 |
| UAIC | $210 | $265 |
| AIG | $217 | $543 |
| Farmers | $234 | $408 |
Cost of Car Insurance for 2020 BMW 7 Series
| Geico | $92 | $201 |
| National General | $108 | $222 |
| Travelers | $118 | $217 |
| Progressive | $136 | $256 |
| State Farm | $138 | $289 |
| Nationwide | $142 | $247 |
| Kemper | $146 | $301 |
| AAA | $152 | $316 |
| Chubb | $165 | $332 |
| Amica | $170 | $349 |
| Allstate | $170 | $329 |
| The Hartford | $173 | $294 |
| UAIC | $182 | $229 |
| AIG | $187 | $469 |
| Farmers | $202 | $353 |
Cost of Car Insurance for 2019 BMW 7 Series
| Geico | $81 | $177 |
| National General | $94 | $193 |
| Travelers | $101 | $186 |
| Progressive | $114 | $215 |
| State Farm | $118 | $246 |
| Kemper | $122 | $252 |
| Nationwide | $123 | $214 |
| AAA | $133 | $277 |
| Chubb | $140 | $282 |
| The Hartford | $141 | $240 |
| Allstate | $145 | $281 |
| Amica | $149 | $305 |
| UAIC | $153 | $192 |
| AIG | $163 | $407 |
| Farmers | $172 | $301 |
Cost of Car Insurance for 2018 BMW 7 Series
| Geico | $114 | $249 |
| Travelers | $127 | $235 |
| National General | $127 | $261 |
| Progressive | $129 | $242 |
| The Hartford | $136 | $233 |
| Kemper | $137 | $286 |
| State Farm | $145 | $304 |
| Nationwide | $162 | $281 |
| Chubb | $165 | $336 |
| UAIC | $174 | $213 |
| Allstate | $179 | $347 |
| AAA | $186 | $389 |
| Amica | $206 | $423 |
| Farmers | $212 | $372 |
| AIG | $220 | $543 |
Cost of Car Insurance for 2017 BMW 7 Series
| Geico | $96 | $210 |
| Travelers | $97 | $180 |
| National General | $101 | $207 |
| State Farm | $110 | $230 |
| Progressive | $112 | $210 |
| Kemper | $125 | $260 |
| Nationwide | $132 | $230 |
| Allstate | $139 | $270 |
| AAA | $143 | $298 |
| Chubb | $145 | $292 |
| The Hartford | $151 | $258 |
| UAIC | $161 | $198 |
| Amica | $162 | $333 |
| AIG | $180 | $446 |
| Farmers | $196 | $343 |
Cost of Car Insurance for 2016 BMW 7 Series
| National General | $88 | $181 |
| Geico | $93 | $202 |
| Travelers | $104 | $191 |
| State Farm | $121 | $253 |
| The Hartford | $125 | $214 |
| Progressive | $129 | $242 |
| Kemper | $129 | $266 |
| AAA | $133 | $276 |
| Nationwide | $134 | $232 |
| Amica | $136 | $279 |
| Chubb | $138 | $274 |
| Allstate | $150 | $290 |
| AIG | $162 | $402 |
| Farmers | $172 | $305 |
| UAIC | $176 | $220 |
BMW 7 Series Insurance Cost by Trim
BMW 7 Series insurance costs vary by trim, with high-performance variants like the 760i Xdrive reaching $391 monthly for full coverage compared to just $65 for minimum coverage on basic 745i Sedan 4d models. Performance features and market value create this substantial cost difference between trim levels.
| 745i Sedan 4d | $65 | $126 |
| 745li Sedan 4d | $67 | $129 |
| 760i Sedan 4d | $80 | $154 |
| 740il Sedan 4d | $85 | $164 |
| 740li Sedan 4d | $87 | $168 |
| 750li Xdrive Sedan 4d | $88 | $170 |
| 740li Xdrive Sedan 4d | $92 | $178 |
| 750li Sedan 4d | $93 | $180 |
| 750i Activehybrid Sedan 4d | $94 | $182 |
| 750i Sedan 4d | $96 | $186 |
| 750li Activehybrid Sedan 4d | $98 | $189 |
| 740i Sedan 4d | $99 | $193 |
| 740e Xdrive Sedan 4d | $105 | $204 |
| 750il Sedan 4d | $106 | $205 |
| 750i Xdrive Sedan 4d | $112 | $218 |
| 760li Sedan 4d | $119 | $230 |
| Activehybrid 7 Sedan 4d | $121 | $234 |
| 740ld Xdrive Sedan 4d | $121 | $235 |
| 740i Xdrive Sedan 4d | $122 | $239 |
| 760i Xdrive Sedan 4d | $131 | $260 |
| 745e Xdrive Sedan 4d | $132 | $258 |
| Alpina B7 Sedan 4d | $141 | $274 |
| Alpina B7 Xdrive Sedan 4d | $144 | $280 |
| 740i | $157 | $311 |
| 740i Xdrive | $162 | $322 |
| 750e Xdrive | $174 | $345 |
| Alpina B7 Xdrive Sedan 4d | $178 | $347 |
| M760i Xdrive Sedan 4d | $180 | $352 |
| 760i Xdrive | $197 | $391 |
How to Lower the Cost of BMW 7 Series Insurance
We provide you with tips on how to save on BMW 7 Series car insurance:
- 1Choose the right coverage
How much coverage you need for your BMW 7 Series depends on ownership status. If you own it outright, state minimum liability plus comprehensive and collision with a $1,000 deductible keeps premiums lower. For broader protection, 100/300/100 liability with comprehensive and collision at a $500 deductible is worth considering. Financing or leasing requires 100/300/100 liability, comprehensive and collision with a $500 deductible and gap insurance.
- 2Research costs and cheap companies
Before shopping, check average rates for luxury sedans like the BMW 7 Series so you know what a competitive quote looks like. That context makes it easier to spot inflated pricing when comparing the cheapest car insurance companies.
- 3Look for more than just low rates
Car insurance price is one factor. Also check J.D. Power satisfaction ratings, forum discussions about claims handling, Better Business Bureau complaints and AM Best financial stability ratings. Budget insurers can mean limited coverage or slower claims service.
- 4Explore discounts you qualify for
BMW 7 Series owners often qualify for several discounts, including safety features credits, anti-theft device savings, bundling discounts for combining auto and home policies and good driver rewards.
- 5Consider alternative car insurance types
Programs like Progressive Snapshot and Allstate Drivewise track driving behavior and lower premiums for safe drivers. Usage-based insurance can be a good fit for BMW 7 Series owners who don't drive often or drive conservatively.
- 6Check rates every year
Your insurer won't tell you when a competitor drops its rates. Getting quotes from multiple companies annually can cut your BMW 7 Series premium by up to 24%.
BMW 7 Series Insurance Cost: Bottom Line
BMW 7 Series insurance costs more than average, but you can still secure decent rates. Compare quotes from multiple insurers and maximize available discounts to find affordable coverage that fits your budget.
BMW 7 Series Insurance Rates: FAQ
What is the average cost of car insurance for a BMW 7 Series?
BMW 7 Series insurance costs $1,369 annually for state minimum coverage and $2,664 for full coverage. This translates to monthly premiums of $114 and $222, respectively.
What company has the cheapest car insurance for a BMW 7 Series?
GEICO provides the most affordable minimum coverage, on average, at $976 annually. The insurer also offers the best value for full coverage at $2,128 per year. The Hartford is more affordable for newer models.
Are BMW 7 Series expensive to insure?
Yes, BMW 7 Series insurance costs more than most vehicles to insure. Among sedans specifically, this model ranks 141st out of 199 for affordability, placing it in the more expensive half within its category.
What factors affect insurance costs for BMW 7 Series?
Multiple factors increase insurance costs. Luxury parts and advanced technology make repairs expensive, while high market value and elevated theft rates concern insurers. Your driving record, credit score and coverage selection also impact your premium rates.
How can I lower BMW 7 Series insurance costs?
Quotes vary enough between insurers that shopping around is the most reliable way to cut your BMW 7 Series premium. Usage-based programs like Progressive Snapshot or Allstate Drivewise can lower your rate further if you drive safely. Stacking available discounts, bundling auto with home coverage and keeping a clean driving record all help, though how much depends on your insurer.
How We Determined BMW 7 Series Insurance Costs
We analyzed hundreds of millions of quote estimates for U.S. vehicle models from 2000 to 2025 to provide the most accurate BMW 7 Series insurance costs.
Who We Based These Rates On
These BMW 7 Series rates reflect what a 40-year-old unmarried male driver pays, assuming a clean record, no prior claims, good credit and roughly 12,000 miles driven per year. His license has no suspensions.
Coverage Definitions
- Minimum coverage: State-required liability limits
- Full coverage: 100/300/100 liability plus comprehensive and collision with $1,000 deductibles
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he produces original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
He covers economics and insurance at MoneyGeek, and his work has been featured in The Washington Post, The New York Times and NPR, among other outlets.
Like all MoneyGeek analysts, he draws on independent cost and consumer experience data. No insurance company partnership influences his recommendations.
Fitzpatrick earned his degrees from Johns Hopkins University (M.A. Economics and International Relations) and Boston College (B.A.). His career began in financial risk management at State Street. He's also a five-time “Jeopardy!” champion.