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BMW 540 Car Insurance Cost

Securing insurance for a BMW 540 usually costs around $2,604 per year with California Capital. Yet, the precise expense may fluctuate depending on factors such as your age, the vehicle’s model year, and additional considerations. Utilize the quote tables below to approximate the specific cost tailored to your circumstances.

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Updated: 08 October 2024

Written by Bob Phillips

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If you’re considering purchasing a BMW 540, one critical aspect to consider is the cost of insurance. Insurance plays a significant role in car ownership, and it’s essential to grasp the financial commitment before making a decision.

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

With over a decade of experience studying car insurance rates, I’ve observed the considerable variation in these costs. Factors such as your age, driving history, and location all play a significant role in determining your insurance premiums.

How Much Does BMW 540 Car Insurance Cost?

Usually, California Capital offers the most competitive option, charging approximately $2,604per year for comprehensive insurance on a 2023 BMW 540.

While California Capital’s pricing can provide a useful starting point, it’s crucial to understand that car insurance expenses can vary significantly due to various factors. These include your location, driving history, car age, and the specific coverage options you choose. Generally, having a clean driving record results in lower premiums, but past accidents or traffic violations can increase rates.

Furthermore, urban areas typically have higher insurance costs than 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 compare quotes from different insurance providers to find the most favorable deal for your situation.

2023 BMW 540 Insurance Rates

Insurance Provider	Average Annual Cost
Alliance United	$4,614
Farmers	$4,409
National General	$3,850
California Capital	$2,604
CSAA	$3,587
Allied	$3,060
USAA	$3,098
Mercury	$3,346
State Farm	$3,805
United Automobile Ins Group	$4,525

2022 BMW 540 Insurance Rates

Insurance Provider	Average Annual Cost
California Capital	$2,704
CSAA	$3,196
Travelers	$3,786
Farmers	$3,716
Mercury Insurance Company	$2,819
Erie	$3,939
New York Central Mutual Fire	$3,449
New Jersey Manufacturers	$3,955
USAA	$2,940
Allied	$1,885

2021 BMW 540 Insurance Rates

Insurance Provider	Average Annual Cost
New Jersey Manufacturers	$1,793
Arbella Insurance Group	$2,007
Norfolk and Dedham Group	$1,347
Safety Group	$1,196
Erie	$2,114
Plymouth Rock Assurance	$1,018
Penn National	$1,903
New York Central Mutual Fire	$2,094
National Grange Mutual	$2,022
Vermont Mutual	$2,088

2020 BMW 540 Insurance Rates

Insurance Provider	Average Annual Cost
USAA	$3,002
21st Century	$3,077
Home State Ins Group	$3,028
Allied	$2,650
Penn National	$2,855
Erie	$2,922
Nationwide	$2,963
New Jersey Manufacturers	$1,944
California Capital	$2,942
Travelers	$2,212

2019 BMW 540 Insurance Rates

Insurance Provider	Average Annual Cost
Auto-Owners Insurance Co	$1,529
Rural Mutual Insurance	$1,554
Rockford Mutual Insurance	$1,491
Pekin Insurance	$1,601
Auto Club Group	$1,253
Hastings Mutual Insurance Co	$656
Safeco	$625
Mercury Insurance	$1,027
SECURA Insurance	$1,193
West Bend Mutual	$1,325

2018 BMW 540 Insurance Rates

Insurance Provider	Average Annual Cost
Country	$1,608
Kemper Auto \| Infinity	$809
Republic Indemnity	$2,236
Texas Farm Bureau Group	$1,425
Mercury Insurance	$1,510
Clearcover	$1,585
21st Century	$2,466
New Jersey Manufacturers	$1,957
Auto-Owners Insurance Co	$1,710
Kemper Auto	$1,714

2017 BMW 540 Insurance Rates

Insurance Provider	Average Annual Cost
New Jersey Manufacturers	$1,766
Republic Indemnity	$1,796
Direct Auto	$1,812
National General Value	$1,889
SECURA Insurance	$1,081
Chubb	$2,250
Texas Farm Bureau Group	$1,040
Mercury Insurance	$2,027
Hastings Mutual Insurance Co	$1,896
New York Central Mutual Fire	$1,921

Compare BMW 540 To Other BMW Models

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