Bmw 530xe Car Insurance Cost

Securing insurance for a BMW 530xe usually costs around $750 per year with Direct General Insurance. However, the exact price can fluctuate depending on variables such as your age, the car’s model year, and other factors. You can utilize the quote tables below to approximate the specific cost tailored to your circumstances.

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Updated: 13 May 2024
Written by
Bob Phillips
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If you’re considering purchasing a BMW 530xe, one important factor to consider is the cost of insurance. Insurance plays a significant role in car ownership, and it’s vital to comprehend the financial obligation before making a decision.

Selecting the appropriate car insurance is essential to prevent unexpected and potentially costly surprises down the line. It’s crucial to have adequate coverage in the event of an accident to avoid significant out-of-pocket expenses. Furthermore, being responsible for an accident can lead to higher insurance premiums.

Based on more than ten years of analyzing car insurance rates, I’ve noticed how much these expenses can differ. Factors such as your age, driving history, and location all play a crucial role in determining your insurance premiums.

 

How Much Does Bmw 530xe Car Insurance Cost?

Usually, Direct General Insurance offers the most affordable option, with an approximate annual cost of $750 for comprehensive insurance coverage on a 2022 BMW 530xe.

While Direct General Insurance’s pricing can be a useful starting point, it’s crucial to understand that car insurance expenses can differ significantly based on various factors. These include your location, driving record, car age, and the specific coverage options you choose. Having a clean driving history typically leads to lower premiums, while past accidents or traffic violations can raise rates.

Additionally, urban areas generally have higher insurance costs compared to rural ones. 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.

At Insuranceopedia, we’re here to help you navigate and compare quotes from different insurance providers, ensuring you find the most favorable deal for your needs.

2022 Bmw 530xe Insurance Rates

Insurance Provider Average Annual Cost
Direct General Insurance $750
Titan $1,100
Virginia Farm Bureau $1,210
Victoria $1,475
Mississippi Farm Bureau $1,622
Utica National Ins Group $1,625
Nationwide $1,725
ALFA $1,805
North Carolina Farm Bureau $1,805
GMAC Insurance Group $2,101

2021 Bmw 530xe Insurance Rates

Insurance Provider Average Annual Cost
National General $371
Direct Auto $631
Texas Farm Bureau Group $1,250
Nationwide $1,983
Penn National $2,022
Liberty Mutual $2,056
USAA $2,072
State Farm $2,139
Mercury $2,175
Allied $2,181

2020 Bmw 530xe Insurance Rates

Insurance Provider Average Annual Cost
Plymouth Rock Assurance $1,017
SECURA Insurance $1,199
Norfolk and Dedham Group $1,420
Farmers Mutual of Nebraska $1,487
New Jersey Manufacturers $1,568
Safety Group $1,651
Cameron Mutual Group $1,768
Hastings Mutual Insurance Co $1,848
Penn National $1,887
Wolverine Mutual $1,981

2019 Bmw 530xe Insurance Rates

Insurance Provider Average Annual Cost
National General $765
SECURA Insurance $1,180
Penn National $1,514
Farm Bureau Mutual (IA Group) $1,665
Hastings Mutual Insurance Co $1,804
Texas Farm Bureau Group $1,811
Colorado Farm Bureau Mutual $1,907
Liberty Mutual $1,976
Direct Auto $2,085
Auto-Owners Insurance Co $2,186

2018 Bmw 530xe Insurance Rates

Insurance Provider Average Annual Cost
Buckeye Insurance Group $929
Hastings Mutual Insurance Co $1,125
Grange Mutual $1,314
Texas Farm Bureau Group $1,396
Ohio Mutual Ins Group $1,646
Westfield $1,791
Western Reserve $1,861
Cincinnati Insurance $2,004
Capital Insurance Group $2,037
Motorists Mutual $2,062

FAQs

Who has the cheapest car insurance for a Bmw 530xe?

In 2022, Direct General Insurance provides the cheapest car insurance rates for the Bmw 530xe.

Which company offers the best car insurance for a Bmw 530xe?

Taking into account their competitive pricing, extensive coverage options, and top-notch customer service reviews, we believe that Direct General Insurance offers the best car insurance choice for a Bmw 530xe.

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