BMW 7 Series Insurance Cost

BMW 7 Series insurance costs average $1,369 yearly for state minimum coverage and $2,664 for full coverage, with rates starting at $52 monthly.

Compare BMW 7 Series insurance rates and save up to $694/year by clicking below.

Written by Mark Fitzpatrick

Updated: November 1, 2026

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?

BMW 7 Series insurance costs vary by model year, with newer vehicles generally more expensive to insure. Monthly premiums range from $52 for older models to $391 for newer BMW 7 Series models.

Your BMW 7 Series insurance rate depends on which company you choose, not just the coverage you buy. MoneyGeek's data show that minimum-coverage and full-coverage rates vary widely among insurers for the same model year and protection level.

Getting 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 large.


2025	$178	$352
2024	$168	$333
2023	$123	$244
2022	$139	$272
2021	$158	$307
2020	$136	$266
2019	$117	$228
2018	$146	$287
2017	$121	$235
2016	$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


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 among the three models.

Sedans as a category cost more to insure than 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.

2025 BMW 7 Series Insurance Rates
2024 BMW 7 Series Insurance Rates
2023 BMW 7 Series Insurance Rates
2022 BMW 7 Series Insurance Rates
2021 BMW 7 Series Insurance Rates

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:

1
Choose 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.
2
Research 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.
3
Look 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.
4
Explore 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.
5
Consider 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.
6
Check 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 get decent rates. Compare quotes from multiple insurers and look for available discounts to find coverage that fits your budget.

BMW 7 Series Insurance Rates: FAQ

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.

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.

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.

Multiple factors increase insurance costs. Luxury parts and advanced technology make repairs expensive, while high market value and theft risk raise insurers' costs. Your driving record, credit score and coverage selection also affect your premium rates.

Quotes vary enough among 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 calculate insurance costs for the BMW 7 Series.

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 is a licensed Property and Casualty (P&C) Insurance Producer and MoneyGeek's resident expert in insurance and economics. In nearly a decade covering the insurance market at LendingTree and MoneyGeek, he's analyzed hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.

His work has appeared in The Washington Post, The New York Times and NPR. He draws on independent cost and consumer experience data, and no insurance company partnerships affect his recommendations.

Mark studied at Boston College and later earned a master's in economics and international relations from Johns Hopkins University. He worked in financial risk management at State Street before joining MoneyGeek. He's also a five-time “Jeopardy!” champion.

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