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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 $3,668 per year or $306 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 2023 Bmw 740i costs $3,668 per year, whereas the 2022 Bmw 740i costs $3,080 annually. State Farm offers the cheapest annual rate for 2023 Bmw 740i at $2,608 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 |
|---|---|
| 2023 | $3,668 |
| 2022 | $3,080 |
| 2021 | $3,040 |
| 2020 | $2,949 |
| 2019 | $3,105 |
Compare Bmw 740i insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| State Farm | 2WD 4 Door Sedan Automatic DOHC Turbo Hybrid | $2,372 |
| Nationwide | 2WD 4 Door Sedan Automatic DOHC Turbo Hybrid | $3,015 |
| GEICO | 2WD 4 Door Sedan Automatic DOHC Turbo Hybrid | $3,706 |
| Progressive | 2WD 4 Door Sedan Automatic DOHC Turbo Hybrid | $3,757 |
| Allstate | 2WD 4 Door Sedan Automatic DOHC Turbo Hybrid | $6,344 |
Bmw 740i insurance rates per year
2023 Bmw 740i insurance rates
Rank Company Average annual premium 1 State Farm $2,608 2 Nationwide $2,864 3 Progressive $3,409 4 GEICO $3,504 5 Farmers $4,016 6 Allstate $5,605 2022 Bmw 740i insurance rates
Rank Company Average annual premium 1 State Farm $2,137 2 Nationwide $2,622 3 Progressive $2,732 4 GEICO $2,967 5 Farmers $3,056 6 Allstate $4,968 2021 Bmw 740i insurance rates
Rank Company Average annual premium 1 State Farm $1,974 2 Progressive $1,997 3 Nationwide $2,444 4 Farmers $3,031 5 GEICO $3,666 6 Allstate $5,125 2020 Bmw 740i insurance rates
Rank Company Average annual premium 1 State Farm $2,045 2 Progressive $2,324 3 Nationwide $2,705 4 Farmers $2,755 5 GEICO $3,098 6 Allstate $4,767 2019 Bmw 740i insurance rates
Rank Company Average annual 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
Rank Company Average annual 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
Rank Company Average annual 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
Rank Company Average annual 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
