BMW 740 Car Insurance Cost

Securing insurance for a BMW 740 usually costs around $2,172 per year with Mercury. However, the final price may differ based on variables like your age, the car’s model year, and other factors. You can utilize the quote tables below to approximate your personalized expenses.

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Updated: 10 October 2024
Written by Bob Phillips
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If you’re considering purchasing a BMW 740, it’s essential to factor in the cost of insurance. Insurance plays a significant role in car ownership, so it’s vital to grasp the financial implications before making a decision.

Selecting the appropriate car insurance is critical to prevent unexpected and potentially costly surprises down the road. Having adequate coverage in the event of an accident is crucial to avoid significant out-of-pocket expenses. Moreover, being found at fault in an accident could lead to higher insurance premiums.

Based on my extensive experience studying car insurance rates for over a decade, I’ve noticed the considerable variability in these costs. Factors such as your age, driving history, and location all play significant roles in determining your insurance premiums.

How Much Does BMW 740 Car Insurance Cost?

Usually, Mercury offers the most competitive option, with an annual cost of about $2,172 for comprehensive insurance covering a 2024 BMW 740.

While Esurance’s pricing can offer a helpful starting point, it’s crucial to understand that car insurance expenses can vary significantly due to various factors. These include your location, driving record, car age, and the specific coverage options you choose. Maintaining a clean driving history often leads to lower premiums, whereas past accidents or traffic violations can result in higher rates.

Additionally, urban areas typically incur higher insurance costs compared to rural regions. The type of coverage you select also influences your premium; comprehensive coverage, which includes both comprehensive and collision coverage, tends to be more expensive than basic liability coverage.

At Insuranceopedia, our goal is to aid you in exploring and comparing quotes from different insurance providers, ensuring you find the most advantageous deal for your circumstances.

2024 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Farmers $2,330
California Capital $2,342
Nationwide $3,509
Alliance United $3,665
Allstate $3,558
Esurance $2,193
USAA $2,387
Mercury $2,172
Unitrin $3,752
Bristol West $3,459

2023 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Hartford $3,850
Allstate $4,098
Farmers $2,383
Esurance $1,919
Mercury $2,652
USAA $2,363
California Capital $1,745
State Farm $4,025
Bristol West $3,688
Nationwide $3,357

2022 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Safety Group $3,057
Encompass $3,004
California Capital $2,273
Mercury $3,082
Farmers $2,599
MMG Insurance Company $2,953
Vermont Mutual $3,304
Commerce Group Inc $3,078
USAA $2,633
Esurance $2,333

2021 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
USAA $2,841
Hastings Mutual Insurance Co $1,037
Auto-Owners Insurance Co $2,262
Erie $1,943
Buckeye Insurance Group $2,556
California Capital $3,016
Travelers $1,755
Western Reserve $3,067
American Family $2,398
Cincinnati Insurance $2,572

2020 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Texas Farm Bureau Group $1,989
Farmers $3,041
California Capital $3,070
Mercury $3,951
Esurance $2,960
USAA $3,258
State Farm $3,412
Liberty Mutual $2,817
National General $3,532
Allied $2,750

2019 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
California Capital $2,470
Bristol West $3,261
Allstate $3,331
Nationwide $3,477
Hartford $3,618
Mercury $2,343
Farmers $2,174
Esurance $1,995
Alliance United $3,525
USAA $2,287

2018 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Mercury Insurance $1,447
SECURA Insurance $1,250
Buckeye Insurance Group $1,897
Texas Farm Bureau Group $1,704
Rural Mutual Insurance $1,950
Auto Club Group $1,589
Capital Insurance Group $1,495
Penn National $2,049
Clearcover $1,982
Cincinnati Insurance $1,131

2017 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Plymouth Rock $2,946
SECURA Insurance $970
Auto-Owners Insurance Co $2,372
California Capital $2,436
Mercury $2,840
Pioneer State Mutual Ins Co $2,746
Hastings Mutual Insurance Co $1,955
Farmers $3,113
Farm Bureau Mutual (IA Group) $2,412
MEEMIC Insurance Company $2,359

2016 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Clearcover $1,546
Auto-Owners Insurance Co $1,916
ACCC Insurance Company $1,949
Capital Insurance Group $1,612
SECURA Insurance $1,763
Grange Mutual $1,786
Safeco $770
Pekin Insurance $1,477
Mercury Insurance $819
Texas Farm Bureau Group $1,438

2015 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Auto-Owners Insurance Co $2,094
Hastings Mutual Insurance Co $1,928
SECURA Insurance $1,036
Erie $1,860
Mercury Insurance $1,826
Texas Farm Bureau Group $1,292
Republic Indemnity $2,063
Safeco $439
New York Central Mutual Fire $1,044
Country $1,816

2014 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Auto-Owners Insurance Co $1,626
American National P $673
Farmers $1,792
Southern Farm Bureau $1,629
Country $1,575
Safeco $469
California Capital $1,705
Erie $1,373
USAA $1,768
Texas Farm Bureau Group $1,249

2013 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Western Reserve $1,904
Buckeye Insurance Group $1,279
Grange Mutual $1,665
SECURA Insurance $1,221
Westfield $1,784
Virginia Farm Bureau $1,467
Colorado Farm Bureau Mutual $1,886
American National P $657
Southern Farm Bureau $1,889
Kemper Auto | Infinity $1,330

2012 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
Allied $1,897
Auto-Owners Insurance Co $1,169
Travelers $1,285
USAA $1,907
Clearcover $1,832
Tennessee Farmers $1,871
Mercury Insurance $838
Westfield $1,616
Grange Mutual $1,121
Chubb $1,767

 

2011 BMW 740 Insurance Rates

Insurance Provider Average Annual Cost
SAFECO $380
Buckeye Insurance Group $1,858
Texas Farm Bureau Group $1,896
North Carolina Farm Bureau $1,589
SECURA Insurance $1,067
Utica National Ins Group $1,594
GMAC Insurance Group $1,858
Titan $1,496
Western Reserve $532
Direct Auto $1,380

Our Methodology

To ensure accurate and trustworthy insurance company ratings, I employed a detailed methodology. I assess numerous insurers, utilizing insights from reputable review sites and critical metrics from industry authorities such as A.M. Best and J.D. Power. With my 15 years of experience as an insurance agent, I enhance our analysis with firsthand knowledge, ensuring our ratings are reliable guides for your insurance decision-making process.

105

Quotes Analyzed

58

Brands Reviewed

40+

Research Hours

15+

Years Of Experience

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