Is an X5 expensive to insure?

The cost to insure a BMW X5 is 82 percent more than the national average cost of full coverage car insurance. Since a significant rating factor of a car insurance policy is based on the cost of vehicle parts and labor costs, the more expensive the repairs, the higher the cost of insurance. However, your insurance cost may be different based on several factors such as driving history and coverage selection.

How can I save money on X5 insurance?

When looking to save money on X5 car insurance, the first step is to thoroughly review your policy. Make sure the policy information is accurate, and then talk to your agent about removing duplicate or unnecessary coverage. Next, look for auto insurance discounts. Then compare rates among carriers to confirm you are still getting the best rate.

Are older cars or trucks cheaper to insure?

Older vehicles can be cheaper to insure, but not always. As a car ages, drivers usually remove collision coverage once it no longer adds value to the policy, which lowers the premium. However, if a car is discontinued, parts can become hard to find, which can increase the cost of collision insurance if it's still on the policy. In general, though, as a car ages, the cost of comprehensive and collision coverage can decrease over time, as older model become cheaper and more available.

Car Insurance for BMW X5

How much does it cost to insure an X5?

The average cost of car insurance for a BMW X5 is $4,870 per year for full coverage, according to rate data from Quadrant Information Services. This is 82 percent more than the national average cost of $2,680 per year.

While the cost of luxury car insurance is typically higher than other vehicles, many insurance rating factors can make your costs higher or lower, such as:

Driving history: Typically, drivers without prior accidents or moving violations pay the lowest rates.
Driving experience: Newer drivers are at higher risk of having an accident and usually pay more for insurance until they gain more experience behind the wheel.
Location: Drivers living in areas with high traffic density and vandalism rates are more likely to have higher insurance premiums.
Trim level and safety features: While safety features lower the risk of an accident, advanced technology and premium features cost more to repair or replace when a loss occurs.
Coverage options: Depending on coverage types, deductibles and add-ons, rates can vary dramatically based on coverage selection.

$4,870 Avg annual full coverage
insurance premium

$800 Avg annual min coverage
insurance premium

Manufacturer's suggested retail price (MSRP): From $66,300

Trims available: The 2026 BMW X5 comes in the following trim options: sDrive40i/ xDrive40i, xDrive50e, M60i and M Competition

Repair costs

Compared to non-luxury cars, BMW X5 repair costs may run higher due to higher labor rates at authorized BMW service centers. Additionally, cheaper, after-market parts are not always an option and the majority of original parts are foreign-made.

Safety features

X5s come equipped with active blind-spot detection and forward collision mitigation. For drivers looking for more, optional features such as active cruise control with steering assistant and partial automated driving are also available.

Crash ratings

The BMW X5 is the Insurance Institute for Highway Safety's (IIHS) 2025 Top Safety Pick. The X5 scored “Good”, the highest rating, in almost every category except for two, where it scored “Acceptable”.

The cheapest car insurance companies for an X5

Not all companies rate luxury vehicles the same. When on the hunt for affordable car insurance for your BMW X5, comparing coverage limits and rates between at least three insurance carriers can help you find a policy that works with your budget. Aside from price, it's also important to consider other factors such as coverage selection and customer service when choosing an insurance company. To help narrow down the options, Bankrate has compiled a list of some of the cheapest insurance companies for your BMW X5 that offer useful coverage.

How much does it cost to insure my X5?

The best car insurance company for you will have the coverage and benefits you need at a price that's within your reach.

2023 X5 car insurance premium by carrier


Auto-Owners	Auto-Owners	$2,921	$2,921	- $1,949	- $1,949
The General	The General	$2,584	$2,584	- $2,286	- $2,286
Nationwide	Nationwide	$3,436	$3,436	- $1,434	- $1,434
Plymouth Rock	Plymouth Rock	$2,973	$2,973	- $1,897	- $1,897
Progressive	Progressive	$2,991	$2,991	- $1,879	- $1,879

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This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

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Powered by Coverage.com (NPN: 19966249)

Advertising disclosure

This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Insurance disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Other car insurance coverage for an X5

For many drivers, the higher costs of a luxury car are worth it, but those feelings don't necessarily extend to car insurance. It can be tempting to skimp on coverage to save money, but minimum car insurance limits likely won't provide enough coverage, especially for newer X5 models. You may want to consider the following coverage types for better financial protection:

Higher liability limits: Luxury cars can be targets for staged accidents. Increased bodily injury and property damage liability limits offer more coverage above the state minimum, which may help limit the risk of maxing out your policy from a lawsuit.
Full coverage insurance: If your BMW X5 is leased or financed, your lender will require comprehensive and collision coverage. These coverages pay to repair or replace your vehicle if it is damaged in a car crash, fire, theft, vandalism, or sudden weather-related damage.
Gap insurance: This coverage pays the difference between the actual cash value of your new vehicle and the remaining balance of your lease or loan in the event of a total loss. This coverage is particularly helpful for drivers who paid little or nothing down on their vehicle.

How to get an X5 car insurance quote

You can get an insurance quote for your car online, over the phone or in person, depending on the insurer. If you're in the market for a new vehicle, comparing quotes before you sign on the dotted line can help you determine how different models would fit into your budget. Here’s a step-by-step guide to gathering and comparing quotes:

Gather personal details: You’ll likely be asked to provide your name, address, date of birth and driver’s license number, as well as the make, model and year of your car — and potentially the vehicle identification number (VIN). If you haven't purchased a car yet, you may be able to get sample quotes by providing an agent with the make and model.
Use online quote tools: To expedite the process of shopping around, you might consider using comparison websites or apps that allow you to get quotes from multiple insurers at once. Alternatively, go directly to insurance company websites and use their online quote tools to receive personalized quotes.
Provide driver details and mileage: You could be asked for specific details about your vehicle, including add-on features or modifications. You might also need to provide your average annual mileage and how the vehicle is primarily used (e.g., for business purposes or personal use). Additionally, you’ll need to provide accurate information about all drivers who will be covered by the policy, including their driving history, age and relationship to you.
Review quotes: Compare the quotes you receive, paying attention to coverage options, limits, deductibles and overall cost. Insurance experts also recommend reviewing customer service scores, financial strength ratings, digital tools and customer reviews to get a holistic view of how a carrier will meet your needs.
Select carrier and apply: Choose the insurance policy that best fits your needs and budget. Complete the application process by providing any additional required information and making your first premium payment.

Compare X5 with other similar cars

BMW X5 Avg annual full coverage premium $4,870 Read More	Audi Q7 Avg annual full coverage premium $3,326 See more models	Volvo XC90 Avg annual full coverage premium $3,039 See more models
Price (MSRP)
$66,300	$60,500	$59,745
NHTSA Safety rating The NHTSA uses a 5-star rating program to evaluate how vehicles perform in crash tests based on frontal, side and rollover collisions.
4 stars	5 stars	5 stars
Gas mileage
15-25 mpg combined city/highway	20-22 mpg combined city/highway	23-27 mpg combined city/highway
IIHS/HLDI Collision insurance losses The IIHS and HLDI collect data on how insurance losses for specific models compare to the average for all passenger vehicles. These results are adjusted for deductible and specifically for collision claim losses.
Worse than average	Not rated	Better than average

Frequently asked questions

The cost to insure a BMW X5 is 82 percent more than the national average cost of full coverage car insurance. Since a significant rating factor of a car insurance policy is based on the cost of vehicle parts and labor costs, the more expensive the repairs, the higher the cost of insurance. However, your insurance cost may be different based on several factors such as driving history and coverage selection.
When looking to save money on X5 car insurance, the first step is to thoroughly review your policy. Make sure the policy information is accurate, and then talk to your agent about removing duplicate or unnecessary coverage. Next, look for auto insurance discounts. Then compare rates among carriers to confirm you are still getting the best rate.
Older vehicles can be cheaper to insure, but not always. As a car ages, drivers usually remove collision coverage once it no longer adds value to the policy, which lowers the premium. However, if a car is discontinued, parts can become hard to find, which can increase the cost of collision insurance if it's still on the policy. In general, though, as a car ages, the cost of comprehensive and collision coverage can decrease over time, as older model become cheaper and more available.

Bankrate utilizes Quadrant Information Services to analyze June 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates for our base profile are based on the following characteristics and full coverage limits with bundling and paperless billing discounts applied:

40 year old

Single male and female driver

2023 Toyota Camry

Primary vehicle

Good credit score

Clean driving record

Commutes 5 days

Bodily injury liability

$100,000 per person
$300,000 per accident

Property damage liability

$50,000 per accident

Personal injury protection

$100,000 per accident

Uninsured motorist bodily injury

$100,000 per person
$300,000 per accident

Collision deductible

$500

Comprehensive deductible

$500

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. These are sample rates and should only be used for comparative purposes. Your quotes will differ.

If otherwise specified, the base profile has been modified with the following driver characteristics:

Other profiles

Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.
Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.
Rates were calculated by evaluating our base profile with the following differences in mileage: 2K, 5K, 12K (base), 15K and 20K.
Unless otherwise stated, rates are for 2023 vehicle models. For new vs used vehicles, we included the following year in our calculations: 2013.
Rates were calculated by evaluating our base profile with the ages 18-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations. For teen drivers, rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.
The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.
Rates were evaluated based on the following marital/family status: single (base), married, 40-year-old married man and woman. Marital status is not a rating factor in Hawaii and Massachusetts.