BMW 530 Car Insurance Cost

Acquiring insurance for a BMW 530 typically costs around $2918 per year with 21st Century. However, the final expense can fluctuate depending on factors such as your age, the model year of the car, and other relevant factors. Utilizing the quote tables below can help you obtain a personalized estimate of your potential insurance costs.

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Updated: 26 May 2024
Written by Bob Phillips
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If you’re considering purchasing a BMW 530, it’s crucial to consider the cost of insurance. Insurance plays a significant role in car ownership, and it’s essential to comprehend the financial commitment before making your decision.

Selecting the appropriate car insurance is vital to prevent unexpected and potentially costly surprises in the future. It’s essential to have adequate coverage in case of an accident to avoid substantial out-of-pocket expenses. Additionally, being responsible for an accident could lead to higher premiums.

Based on more than ten years of experience studying car insurance rates, I’ve noticed significant variations in these costs. Your age, driving history, and location are all crucial factors that can influence your insurance premiums.

How Much Does BMW 530 Car Insurance Cost?

Usually, 21st Century offers the most favorable option, with an annual rate of approximately $2918 for comprehensive insurance on a 2024 BMW 530.

While 21st Century’s rate can serve as a useful point of reference, it’s crucial to understand that car insurance costs can vary significantly due to multiple factors. These factors include your location, driving history, car age, and the specific coverage options you choose. Maintaining a clean driving record often results in lower premiums, while a history of accidents or traffic violations can increase rates.

Additionally, living in a bustling urban area typically leads to higher insurance rates compared to quieter rural areas. The type of coverage you select also impacts your premium – comprehensive coverage, which includes both comprehensive and collision coverage, will be more expensive than basic liability coverage.

At Insuranceopedia, our goal is to help you shop around and compare quotes from different insurance providers to ensure you find the most favorable deal.

2024 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
21st Century $2,918
Mercury $4,190
California Capital $4,417
Erie $5,191
USAA $5,777
Farmers $5,948
Unitrin $6,019
Travelers $6,266
New York Central Mutual Fire $6,539
Grange $6,680

2023 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
Mercury Insurance $2,201
Nationwide $2,732
California Capital $2,787
21st Century $2,882
Bristol West $3,133
CSAA $3,427
Travelers $3,443
Mercury $3,608
Allied $3,647
Farmers $3,736

2022 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
Safeco $274
Texas Farm Bureau Group $1,395
New Jersey Manufacturers $1,493
North Carolina Farm Bureau $1,573
PEMCO $1,813
Penn National $1,986
Unigard $2,032
Mercury Insurance $2,097
Republic Indemnity $2,189
National General $2,193

2021 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
Safeco $363
Victoria $560
Titan $876
Direct Auto $1,031
North Carolina Farm Bureau $1,566
Texas Farm Bureau Group $1,631
Norfolk and Dedham Group $1,703
Southern Farm Bureau $1,767
Safety Group $1,848
Utica National Ins Group $1,909

2020 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
NatGen Custom 360 $429
Virginia Farm Bureau $805
Victoria $1,006
NatGen PPA $1,350
Direct Auto $1,444
Dairyland Broadform $1,640
Clearcover $1,635
Norfolk and Dedham Group $1,720
Dairyland FR Bond $1,720
Safety Group $1,823

2019 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
SAFECO $522
Dairyland $773
American National P $839
Mercury Insurance $1,031
Hastings Mutual Insurance Co $1,049
Direct Auto $1,135
Titan $1,326
Auto Club Group $1,326
Texas Farm Bureau Group $1,365
Plymouth Rock Assurance $1,426

2019 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
NatGen Custom 360 $429
Virginia Farm Bureau $805
Victoria $1,006
NatGen PPA $1,350
Direct Auto $1,444
Dairyland Broadform $1,640
Clearcover $1,635
Norfolk and Dedham Group $1,720
Dairyland FR Bond $1,720
Safety Group $1,823

2018 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
SAFECO $459
Mercury Insurance $570
Buckeye Insurance Group $895
Virginia Farm Bureau $1,084
Ohio Mutual Ins Group $1,124
Western Reserve $1,275
Plymouth Rock Assurance $1,354
Titan $1,429
ALFA $1,466
Mississippi Farm Bureau $1,532

2017 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
Plymouth Rock $1,104
Mercury Insurance $1,218
Texas Farm Bureau Group $1,221
Mutual Of Enumclaw $1,464
Farm Bureau Mutual (IA Group) $1,460
Oregon Mutual $1,471
Pekin Insurance $1,527
Direct Auto $1,638
Southern Farm Bureau $1,650
New Jersey Manufacturers $1,674

2011 BMW 530 Insurance Rates

Insurance Provider Average Annual Cost
Plymouth Rock $2,155
Mercury $3,256
Mercury Insurance Company $3,434
Safeco $4,590
Metropolitan $4,843

FAQs

Who has the cheapest car insurance for a BMW 530?

In 2024, 21st Century provides the most budget-friendly car insurance rates for the BMW 530.

Which company offers the best car insurance for a BMW 530?

Taking into account their competitive pricing, extensive coverage, and outstanding customer service ratings, we believe 21st Century offers the optimal car insurance choice for a BMW 530.

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