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.
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 |
Compare BMW 530xe To Other BMW Models
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FAQs
Who has the cheapest car insurance for a BMW 530xe?
In 2022, Direct General Insurance will provide 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.
