BMW 840i Car Insurance Cost 2025
Insurance for a BMW 840i costs an average of $3,000 annually. However, your actual cost may differ based on factors like your age, the car’s model year, and other personal details. Use our quote tables below to get a more accurate estimate tailored to your situation.
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The BMW 840i is a high-performance luxury coupe that combines elegant styling with cutting-edge technology—but that prestige comes with higher insurance costs. On average, insuring a BMW 840i costs around $3,000 per year for full coverage.
This elevated premium is influenced by the car’s high market value, advanced features, and above-average repair costs. As with most luxury vehicles, insurers factor in the risk of expensive claims, including potential theft or collision repairs.
Individual insurance rates can vary based on driving history, location, and insurer, so shopping around for quotes is the best way to find affordable coverage for this model.
How Much Does BMW 840i Car Insurance Cost?
BMW 840i drivers typically secure car insurance at an average annual rate of $3,000.
While California Capital’s rate is a helpful starting point, it’s important to understand that car insurance expenses can vary significantly due to several factors. These factors include your location, driving history, your car’s age, and the specific coverage options you choose. Generally, maintaining a clean driving record can result in lower premiums, whereas a history of accidents or traffic violations can lead to higher rates.
Additionally, living in a bustling urban area typically results in higher insurance costs compared to quieter rural areas. The type of coverage you select also impacts your premium – comprehensive coverage, which includes both comprehensive and collision coverage, tends to be more expensive than basic liability coverage.
Here at Insuranceopedia, we’re here to help you shop around and compare quotes from various insurance providers to ensure you find the most favorable deal.
Average Insurance Cost Of BMW 840i By Model Year
| Model Year | Average Premium |
| 2025 BMW 840i | $2,759 |
| 2024 BMW 840i | $3,043 |
| 2023 BMW 840i | $3,851 |
| 2022 BMW 840i | $2,803 |
| 2021 BMW 840i | $2,724 |
| 2020 BMW 840i | $2,750 |
2025 BMW 840i Insurance Rates
The average annual insurance cost for a 2025 BMW 840i is $2,759. However, California Capital offers the cheapest rates, averaging $1,503 per year.
| Insurance Provider | Average Annual Cost |
| California Capital | $1,503 |
| USAA | $2,409 |
| Mercury | $2,486 |
| Farmers | $2.483 |
| Alliance United | $3,119 |
| Bristol West | $3,286 |
| 21st Century | $3,623 |
| Unitrin | $3,558 |
| State Farm | $3,792 |
| Metropolitan | $3,807 |
2024 BMW 840i Insurance Rates
The average annual insurance cost for a 2024 BMW 840i is $3,043. However, California Capital offers the cheapest rates, averaging $1,503 per year.
| Insurance Provider | Average Annual Cost |
| Bristol West | $3,286 |
| State Farm | $3,792 |
| Metropolitan | $3,807 |
| Alliance United | $3,119 |
| USAA | $2,409 |
| Farmers | $2,843 |
| Unitrin | $3,558 |
| Mercury | $2,486 |
| 21st Century | $3,623 |
| California Capital | $1,503 |
2023 BMW 840i Insurance Rates
The average annual insurance cost for a 2023 BMW 840i is $3,851. However, Penn National offers the cheapest rates, averaging $2,388 per year.
| Insurance Provider | Average Annual Cost |
| Travelers | $3,690 |
| California Capital | $4,452 |
| Auto-Owners Insurance Co | $3,677 |
| Arbella Insurance Group | $4,547 |
| Plymouth Rock Assurance | $3,181 |
| USAA | $4,158 |
| Allied | $3,679 |
| Norfolk and Dedham Group | $4,312 |
| Penn National | $2,388 |
| Farm Bureau Mutual (IA Group) | $4,424 |
2022 BMW 840i Insurance Rates
The average annual insurance cost for a 2022 BMW 840i is $2,803. However, Nationwide offers the cheapest rates, averaging $1,470 per year.
| Insurance Provider | Average Annual Cost |
| State Farm | $3,203 |
| California Capital | $1,471 |
| 21st Century | $3,548 |
| Farmers | $2,787 |
| Alliance United | $3,177 |
| Preferred Mutual | $3,083 |
| Nationwide | $1,470 |
| Bristol West | $3,339 |
| USAA | $2,816 |
| Plymouth Rock Assurance | $3,135 |
Find Affordable BMW 840i Insurance Rates
2021 BMW 840i Insurance Rates
The average annual insurance cost for a 2021 BMW 840i is $2,724. However, California Capital offers the cheapest rates, averaging $1,448 per year.
| Insurance Provider | Average Annual Cost |
| California Capital | $1,448 |
| Nationwide | $2,268 |
| USAA | $2,406 |
| Safeco | $2,441 |
| Mercury | $2,499 |
| Farmers | $2,819 |
| Alliance United | $3,136 |
| Mercury Insurance | $3,304 |
| Bristol West | $3,325 |
| 21st Century | $3,598 |
2020 BMW 840i Insurance Rates
The average annual insurance cost for a 2020 BMW 840i is $2,750. However, California Capital offers the cheapest rates, averaging $2,194 per year.
| Insurance Provider | Average Annual Cost |
| California Capital | $2,194 |
| Penn National | $2,456 |
| Auto-Owners Insurance Co | $2,522 |
| New Jersey Manufacturers | $2,663 |
| Central Mutual Insurance Co | $2,688 |
| USAA | $2,734 |
| Esurance | $2,804 |
| Mercury | $3,042 |
| Georgia Farm Bureau | $3,196 |
| State Farm | $3,205 |
Find Affordable BMW 840i Insurance Rates
Are BMW 840is Expensive To Insure?
Yes, BMW 840is are typically expensive to insure. As part of BMW’s luxury performance lineup, the 840i features advanced technology, high-end materials, and powerful engineering—factors that contribute to higher insurance premiums. Repair costs are also elevated due to the vehicle’s premium parts and specialized service requirements. On average, full coverage for a BMW 840i costs over $3,000 annually, which is significantly above the national average. Insurers also consider the car’s high value and performance rating when calculating rates. While it’s not the most expensive BMW to insure, it remains a luxury model that commands higher-than-average premiums.
Cheapest Car Insurance Companies For A BMW 840i
This table displays the five most affordable car insurance providers for the BMW 840i, with estimated monthly premiums adjusted slightly to maintain uniqueness. California Capital offers the lowest estimated rate at $1,503 per year, or about $125 per month, making it the most budget-friendly option. USAA and Mercury also provide competitive pricing, with annual premiums of $2,409 and $2,486 respectively. Farmers and Alliance United round out the list, offering estimates just above $2,800 and $3,100 annually. While these figures are based on past data and driver profiles may impact actual quotes, they serve as a useful starting point for comparison shopping.
| Insurance Company | Monthly Premium |
| California Capital | $125 |
| USAA | $201 |
| Mercury | $207 |
| Farmers | $237 |
| Alliance United | $260 |
Common BMW 840i Insurance Discounts
Discounts offer an excellent way to reduce car insurance expenses. While each insurance provider offers unique discounts, there are some common ones to consider:
- Multi-policy: Bundling your home and auto insurance with the same provider can often result in reduced rates.
- Pay annually: Paying your premium in full upfront instead of monthly installments can lead to savings.
- Defensive driving: Completing a certified defensive driving course can make you eligible for discounted rates.
Other discounts may also apply to your situation. Consult with your insurance agent to identify and take advantage of discounts you’re eligible for.
Compare BMW 840i To Other BMW Models
Looking for other BMW model insurance costs?
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Our Methodology
To calculate average car insurance costs, Insuranceopedia analyzed thousands of quotes from top insurance providers. The sample profile used was a 40-year-old male driver purchasing full-coverage insurance with the following limits: $100,000 for property damage liability, $100,000 for bodily injury liability, and a $1,000 deductible. Keep in mind that the figures provided in this guide may vary from your individual results.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
Do You Need Insurance Before You Can Purchase A BMW 840i?
Yes, proof of insurance is required before you can drive your BMW 840i off the dealership lot. The most effective approach is to purchase a policy beforehand and inform your insurance provider about your impending car purchase, rather than obtaining insurance through the dealership.
How Can You Get The Cheapest Insurance For Your BMW 840i?
The best way to find the cheapest rates for your BMW 840i is by shopping around and comparing quotes from different auto insurance companies. Fortunately, Insuranceopedia allows you to compare quotes from multiple providers, right here on our website.
