Car insurance rates vary based on the make and model of the vehicle and trim levels. According to Insurance.com research, the average cost of insuring a Bmw 530i is $2,223 per year or $185 per month. However, these rates can vary depending on your location, driving history, age, and other factors.
The auto insurance rates also change based on the vehicle’s model year. For example, the 2020 Bmw 530i costs $2,223 per year, whereas the 2019 Bmw 530i costs $2,410 annually. State Farm offers the cheapest annual rate for 2020 Bmw 530i $1,654 per year.
Keep reading to learn more about which state offers the cheapest car insurance rates based on model year and which model year is the cheapest to insure amongst all the models surveyed by Insurance.com.
Average insurance cost of Bmw 530i by model year
| Year of Bmw 530i Model | Average Cost to Insure |
|---|
| 2020 | $2,223 |
| 2019 | $2,410 |
| 2018 | $2,330 |
| 2017 | $2,291 |
Compare BMW 5 Series Insurance Rates by State
2020 Bmw 530i Insurance Rates
Average Cost to Insure
$2,223
Annual Cheapest Rate
$1,654
Available Trims
XDrive
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $1,654 |
| 2 | Progressive | $1,788 |
| 3 | Nationwide | $1,928 |
| 4 | Geico | $2,128 |
| 5 | Farmers | $2,280 |
| 6 | Allstate | $3,562 |
2019 Bmw 530i Insurance Rates
Average Cost to Insure
$2,410
Annual Cheapest Rate
$1,757
Available Trims
XDrive
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $1,757 |
| 2 | Nationwide | $1,991 |
| 3 | Geico | $2,170 |
| 4 | Progressive | $2,247 |
| 5 | Farmers | $2,939 |
| 6 | Allstate | $3,354 |
2018 Bmw 530i Insurance Rates
Average Cost to Insure
$2,330
Annual Cheapest Rate
$1,718
Available Trims
XDrive
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $1,718 |
| 2 | Geico | $1,973 |
| 3 | Nationwide | $2,093 |
| 4 | Progressive | $2,203 |
| 5 | Farmers | $2,845 |
| 6 | Allstate | $3,149 |
2017 Bmw 530i Insurance Rates
Average Cost to Insure
$2,291
Annual Cheapest Rate
$1,704
Available Trims
XDrive
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $1,704 |
| 2 | Geico | $1,862 |
| 3 | Progressive | $2,161 |
| 4 | Nationwide | $2,191 |
| 5 | Farmers | $2,767 |
| 6 | Allstate | $3,061 |
Compare BMW insurance rates by model
