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 740i is $2,877 per year or $240 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 740i costs $2,877 per year, whereas the 2019 Bmw 740i costs $3,105 annually. State Farm offers the cheapest annual rate for 2020 Bmw 740i $2,063 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 740i by model year
| Year of Bmw 740i Model | Average Cost to Insure |
|---|
| 2020 | $2,877 |
| 2019 | $3,105 |
| 2018 | $2,952 |
| 2017 | $2,805 |
| 2016 | $2,751 |
Compare BMW 7 Series Insurance Rates by State
2020 Bmw 740i Insurance Rates
Average Cost to Insure
$2,877
Annual Cheapest Rate
$2,063
Available Trims
n/a
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $2,063 |
| 2 | Progressive | $2,147 |
| 3 | Nationwide | $2,412 |
| 4 | Farmers | $2,772 |
| 5 | Geico | $3,098 |
| 6 | Allstate | $4,767 |
2019 Bmw 740i Insurance Rates
Average Cost to Insure
$3,105
Annual Cheapest Rate
$2,188
Available Trims
n/a
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $2,188 |
| 2 | Nationwide | $2,582 |
| 3 | Progressive | $2,707 |
| 4 | Geico | $3,322 |
| 5 | Farmers | $3,334 |
| 6 | Allstate | $4,498 |
2018 Bmw 740i Insurance Rates
Average Cost to Insure
$2,952
Annual Cheapest Rate
$2,118
Available Trims
n/a
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $2,118 |
| 2 | Nationwide | $2,588 |
| 3 | Progressive | $2,649 |
| 4 | Geico | $3,075 |
| 5 | Farmers | $3,239 |
| 6 | Allstate | $4,045 |
2017 Bmw 740i Insurance Rates
Average Cost to Insure
$2,805
Annual Cheapest Rate
$2,051
Available Trims
n/a
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $2,051 |
| 2 | Geico | $2,476 |
| 3 | Progressive | $2,579 |
| 4 | Nationwide | $2,621 |
| 5 | Farmers | $3,112 |
| 6 | Allstate | $3,991 |
2016 Bmw 740i Insurance Rates
Average Cost to Insure
$2,751
Annual Cheapest Rate
$1,972
Available Trims
n/a
| Rank | Companies | Average Premium |
|---|
| 1 | State Farm | $1,972 |
| 2 | Progressive | $2,516 |
| 3 | Nationwide | $2,566 |
| 4 | Geico | $2,641 |
| 5 | Farmers | $3,051 |
| 6 | Allstate | $3,757 |
Compare BMW insurance rates by model
