Key Takeaways
The BMW X5 is one of the iconic mid-size luxury crossover SUVs, first introduced in 1999. Being a high-performance variant, the BMW X5 car insurance cost is comparatively higher than that of standard vehicles. If you are planning to buy one or already own it, it is important to know more about its insurance options and the cheapest BMW X5 auto insurance companies. Here, we'll help you get a clear idea about everything related to it.
The average annual BMW X5 auto insurance cost is $2,184, while the monthly rate comes to around $182. Compared to many other vehicles, the insurance cost for the X5 is relatively high. Several factors play a role in determining this cost. Although the estimated rates are based on a 30-year-old driver with good driving experience, it's always better to check the insurance rates specific to your profile. Also, make sure to compare different insurance providers to find the best BMW X5 insurance rate for you.
Yes, BMW X5 models are more expensive to insure than regular vehicles. As mentioned earlier, insurers evaluate several factors when setting the X5's insurance cost. The main reason for the higher rates is that it falls under the high-performance luxury vehicle category. Still, you can explore cheaper insurance options based on your needs. But remember, the cheapest BMW X5 auto insurance rate may not always be the best one. Always prioritize your coverage preferences before finalizing your premium.
The cost of BMW X5 car insurance depends on several factors, such as MSRP, model year, trim level, driver profile, past insurance claims, age, safety features, and maintenance costs. Rates also differ between insurance companies, as each provider weighs these factors differently. The best approach is to compare multiple insurers, see which ones fit your budget, and then choose the right insurance partner.
While comparing the 2020 BMW X5, Tennessee Farmers offers the lowest insurance premium at $1,242, followed by Nationwide and Mercury. On the other hand, Arbella and USAA charge the highest premiums, starting at $1,935 and $1,908, respectively.
| Insurance Company | Annual Rate |
|---|---|
| Tennessee Farmers | $1,242 |
| Nationwide | $1,388 |
| Mercury | $1,467 |
| Vermont Mutual | $1,522 |
| American Family | $1,528 |
| 21st Century | $1,650 |
| Country | $1,823 |
| Auto Owners | $1,867 |
| State Farm | $1,895 |
| Southern Farm Bureau | $1,895 |
| USAA | $1,908 |
| Arbella | $1,935 |
Auto Owners offers the lowest insurance premium for the 2019 BMW X5 at $1,114 annually. USAA and Nationwide are also affordable options, with coverage starting at $1,169 and $1,186, respectively. In contrast, the highest premiums are charged by Southern Farm Bureau at $1,895 and Erie at $1,802 annually.
| Insurance Company | Annual Rate |
|---|---|
| Auto Owners | $1,114 |
| USAA | $1,169 |
| Nationwide | $1,186 |
| American Family | $1,314 |
| Cincinnati Insurance | $1,399 |
| Mercury | $1,440 |
| Infinity | $1,572 |
| Plymouth Rock Ins. | $1,623 |
| Country | $1,742 |
| Acuity | $1,779 |
| Erie | $1,802 |
| Southern Farm Bureau | $1,895 |
For the 2018 BMW X5, Tennessee Farmers once again offers the cheapest insurance rate. Progressive and Erie follow closely with affordable premiums. On the other hand, Country and Arbella are among the most expensive insurers, charging $1,690 and $1,687 annually. State Farm also ranks higher, with premiums exceeding $1,606.
| Insurance Company | Annual Rate |
|---|---|
| Tennessee Farmers | $1,140 |
| Progressive | $1,220 |
| Erie | $1,338 |
| USAA | $1,411 |
| Acuity | $1,445 |
| Nationwide | $1,451 |
| Vermont Mutual | $1,541 |
| Mercury | $1,567 |
| Plymouth Rock Ins. | $1,579 |
| State Farm | $1,606 |
| Arbella | $1,687 |
| Country | $1,690 |
The average annual insurance cost for the 2017 BMW X5 is $2,097, with Progressive offering the cheapest rate at $1,233. Erie and Acuity are also affordable options, charging $1,308 and $1,441 annually. Meanwhile, Arbella tops the list of highest premiums at $1,612.
| Insurance Company | Annual Rate |
|---|---|
| Progressive | $1,233 |
| Erie | $1,308 |
| Acuity | $1,441 |
| USAA | $1,472 |
| Vermont Mutual | $1,491 |
| Nationwide | $1,533 |
| State Farm | $1,539 |
| Mercury | $1,540 |
| Plymouth Rock Ins. | $1,550 |
| Country | $1,604 |
| Arbella | $1,612 |
The 2016 BMW X5 has an average insurance cost of $2,018 per year. Vermont Mutual is the most budget-friendly option at $1,275, while Nationwide and Erie follow closely with rates of $1,298 and $1,350. On the other hand, Southern Farm Bureau is among the costliest providers, with premiums climbing to $1,692.
| Insurance Company | Annual Rate |
|---|---|
| Vermont Mutual | $1,275 |
| Nationwide | $1,298 |
| Erie | $1,350 |
| American Family | $1,379 |
| USAA | $1,489 |
| Tennessee Farmers | $1,492 |
| 21st Century | $1,504 |
| Mercury | $1,541 |
| Country | $1,580 |
| Auto Owners | $1,583 |
| Arbella | $1,664 |
| Southern Farm Bureau | $1,692 |
Owners of the 2015 BMW X5 spend around $2,338 annually on insurance. Erie leads with the lowest premium at just $1,163, and both USAA and Tennessee Farmers provide competitive coverage at $1,277 and $1,338. By contrast, Arbella is on the higher side of the scale, with yearly costs reaching $1,559.
| Insurance Company | Annual Rate |
|---|---|
| Erie | $1,163 |
| USAA | $1,277 |
| Tennessee Farmers | $1,338 |
| Acuity | $1,354 |
| Vermont Mutual | $1,384 |
| Plymouth Rock Ins. | $1,436 |
| Progressive | $1,480 |
| Mercury | $1,493 |
| Country | $1,510 |
| Nationwide | $1,546 |
| Arbella | $1,559 |
The average yearly insurance bill for the 2014 BMW X5 is about $2,436. Erie offers the cheapest coverage at $1,241, with USAA and Acuity close behind at $1,295 and $1,331. On the other hand, Nationwide quotes among the priciest policies, with premiums at $1,628.
| Insurance Company | Annual Rate |
|---|---|
| Erie | $1,241 |
| USAA | $1,295 |
| Acuity | $1,331 |
| Tennessee Farmers | $1,334 |
| Vermont Mutual | $1,347 |
| Plymouth Rock Ins. | $1,418 |
| Progressive | $1,492 |
| Mercury | $1,494 |
| Country | $1,509 |
| Arbella | $1,525 |
| Nationwide | $1,628 |
Erie remains the lowest-cost provider, charging just $948, followed by USAA at $1,018 and Progressive at $1,083. However, Arbella is in the upper range, charging drivers about $1,429 annually, and Country charges $1,452.
| Insurance Company | Annual Rate |
|---|---|
| Erie | $948 |
| USAA | $1,018 |
| Progressive | $1,083 |
| State Farm | $1,166 |
| Vermont Mutual | $1,225 |
| Acuity | $1,230 |
| Tennessee Farmers | $1,238 |
| Plymouth Rock Ins. | $1,301 |
| Nationwide | $1,362 |
| Arbella | $1,429 |
| Country | $1,452 |
The 2012 BMW X5 has an average annual insurance expense of $1,629. Erie provides the most affordable option at only $904, with USAA and Progressive also keeping costs low at $967 and $1,058, respectively. On the expensive side, Nationwide ranks highest, offering policies at $1,398 per year.
| Insurance Company | Annual Rate |
|---|---|
| Erie | $904 |
| USAA | $967 |
| Progressive | $1,058 |
| Vermont Mutual | $1,115 |
| Acuity | $1,128 |
| Tennessee Farmers | $1,165 |
| State Farm | $1,187 |
| Plymouth Rock Ins. | $1,264 |
| Country | $1,334 |
| Arbella | $1,358 |
| Nationwide | $1,398 |
For the 2011 BMW X5, owners typically pay $1,629 annually for insurance. Erie delivers the best bargain at $962, while USAA and Vermont Mutual follow at $987 and $1,044. Southern Farm Bureau is among the higher-priced insurers, with premiums going up to $1,362.
| Insurance Company | Annual Rate |
|---|---|
| Erie | $962 |
| USAA | $987 |
| Vermont Mutual | $1,044 |
| Tennessee Farmers | $1,134 |
| Arbella | $1,145 |
| Progressive | $1,245 |
| Plymouth Rock Ins. | $1,262 |
| Country | $1,292 |
| Acuity | $1,330 |
| American Family | $1,359 |
| Southern Farm Bureau | $1,362 |
Safety features play a very important role in determining the cost of BMW X5 car insurance. The more advanced the features, the greater the chances of lowering the insurance rate. The X5 comes equipped with several advanced safety technologies that help bring the insurance cost down, at least to some extent. Here are the key safety features of the BMW X5:
Since the BMW X5 comes with advanced safety features, the IIHS has given it an overall 'Good' rating. This also helps in reducing the BMW X5 car insurance cost to some extent. You can also browse the insurance rates of different car models with Way. Below are the safety ratings provided by IIHS:
| Test Type | 2019-2023 Models | 2024-2025 Models (Updated Tests) |
|---|---|---|
| Small Overlap Front (Driver-side) | Good | - |
| Small Overlap Front (Passenger-side) | Good | - |
| Moderate Overlap Front (Original) | Good | - |
| Moderate Overlap Front (Updated) | - | Good |
| Side Crash Test (Original) | Good | - |
| Side Crash Test (Updated Side 2.0) | - | Good |
Start your auto insurance journey today with the Way app or by visiting Way.com and get a free quote in just a few minutes! Compare plans from over 140 top insurance providers on our platform, giving you the flexibility to choose the right policy that could help reduce your BMW X5 car insurance costs.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
Way.com’s Insurance Broker Quote Data
The average car insurance cost for a BMW X5 is $2,184 annually. Therefore, the monthly rate is $182.
A BMW X5 costs more to insure than most other models. The insurance rate of the BMW X5 is higher than that of models like the Audi SQ5, Volvo V60, or Land Rover Discovery. However, the BMW X6, Porsche Cayenne, and Audi RS 6 are costlier to insure than an X5.
The BMW X5 model made its debut as the E53 model, which was the first SUV from the brand. Though a mid-sized luxury SUV, the X5 was marketed as an SAV or a Sports Activity Vehicle.
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