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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
$3,824
Geico
4WD 4 Door SUV DOHC Turbo Hybrid
$3,291
Farmers
4WD 4 Door SUV DOHC Turbo Hybrid
$3,680
Nationwide
4WD 4 Door SUV DOHC Turbo Hybrid
$3,135
Progressive
4WD 4 Door SUV DOHC Turbo Hybrid
$1,924
State Farm
4WD 4 Door SUV DOHC Turbo Hybrid
$2,648
Bmw X5 insurance rates per year
2023
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
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
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
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
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
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
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
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
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