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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 X5 is $2,910 per year or $243 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 X5 costs $2,910 per year, whereas the 2022 Bmw X5 costs $2,399 annually. State Farm offers the cheapest annual rate for 2023 Bmw X5 $1,898 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 X5 by model year
| Year of Bmw X5 Model | Average Cost to Insure |
|---|---|
| 2023 | $2,910 |
| 2022 | $2,399 |
| 2021 | $2,427 |
| 2020 | $2,237 |
| 2019 | $2,221 |
Compare Bmw X5 insurance rates by state
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| Company | Style | Average annual premium |
|---|---|---|
| Allstate | 4WD 4 Door SUV DOHC Turbo Hybrid | $4,987 |
| Geico | 4WD 4 Door SUV DOHC Turbo Hybrid | $3,079 |
| Nationwide | 4WD 4 Door SUV DOHC Turbo Hybrid | $2,269 |
| Progressive | 4WD 4 Door SUV DOHC Turbo Hybrid | $2,711 |
| State Farm | 4WD 4 Door SUV DOHC Turbo Hybrid | $1,704 |
Bmw X5 insurance rates per year
2023 Bmw X5 insurance rates
Average cost to insure
$2,910
Annual cheapest rate
$1,898
Available trims
M XDrive, SDrive 40i, XDrive 40i, XDrive 45e, XDrive M50i
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,898 |
| 2 | Nationwide | $2,185 |
| 3 | Progressive | $2,617 |
| 4 | Geico | $2,810 |
| 5 | Farmers | $3,575 |
| 6 | Allstate | $4,377 |
2022 Bmw X5 insurance rates
Average cost to insure
$2,399
Annual cheapest rate
$1,546
Available trims
M XDrive, SDrive 40i, XDrive 40i, XDrive 45e, XDrive M50i
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,546 |
| 2 | Nationwide | $1,962 |
| 3 | Progressive | $2,057 |
| 4 | Geico | $2,221 |
| 5 | Farmers | $2,872 |
| 6 | Allstate | $3,738 |
2021 Bmw X5 insurance rates
Average cost to insure
$2,427
Annual cheapest rate
$1,478
Available trims
M XDrive, SDrive 40i, XDrive 40i, XDrive 45e, XDrive M50i
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,478 |
| 2 | Progressive | $1,500 |
| 3 | Geico | $2,199 |
| 4 | Farmers | $2,463 |
| 5 | Nationwide | $2,487 |
| 6 | Allstate | $4,432 |
2020 Bmw X5 insurance rates
Average cost to insure
$2,237
Annual cheapest rate
$1,672
Available trims
M XDrive, SDrive 40i, XDrive 40i, XDrive 45e, XDrive M50i
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,672 |
| 2 | Progressive | $1,725 |
| 3 | Geico | $2,048 |
| 4 | Nationwide | $2,127 |
| 5 | Farmers | $2,331 |
| 6 | Allstate | $3,517 |
2019 Bmw X5 insurance rates
Average cost to insure
$2,221
Annual cheapest rate
$1,727
Available trims
M XDrive, SDrive 40i, XDrive 40i, XDrive 45e, XDrive M50i
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,727 |
| 2 | Geico | $1,913 |
| 3 | Progressive | $2,061 |
| 4 | Nationwide | $2,094 |
| 5 | Farmers | $2,734 |
| 6 | Allstate | $2,796 |
2018 Bmw X5 insurance rates
Average cost to insure
$2,289
Annual cheapest rate
$1,710
Available trims
M XDrive, SDrive 40i, XDrive 40i, XDrive 45e, XDrive M50i
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,710 |
| 2 | Geico | $1,947 |
| 3 | Progressive | $1,963 |
| 4 | Nationwide | $2,037 |
| 5 | Farmers | $2,827 |
| 6 | Allstate | $3,252 |
2017 Bmw X5 insurance rates
Average cost to insure
$2,219
Annual cheapest rate
$1,697
Available trims
M XDrive, SDrive 40i, XDrive 40i, XDrive 45e, XDrive M50i
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,697 |
| 2 | Geico | $1,883 |
| 3 | Progressive | $1,920 |
| 4 | Nationwide | $2,081 |
| 5 | Farmers | $2,748 |
| 6 | Allstate | $2,984 |
2016 Bmw X5 insurance rates
Average cost to insure
$2,165
Annual cheapest rate
$1,688
Available trims
M XDrive, SDrive 40i, XDrive 40i, XDrive 45e, XDrive M50i
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,688 |
| 2 | Geico | $1,816 |
| 3 | Progressive | $1,889 |
| 4 | Nationwide | $2,042 |
| 5 | Farmers | $2,686 |
| 6 | Allstate | $2,866 |
