BMW 530 Car Insurance Cost 2025
The average annual cost to insure a BMW 530 is $2,847. However, actual rates may differ based on factors like your age, the car’s model year, and other personal considerations. Check out the quote tables below to get an estimate tailored to your situation.
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If you’re considering purchasing a BMW 530, it’s crucial to consider the cost of insurance. Insurance plays a significant role in car ownership, and it’s essential to comprehend the financial commitment before making your decision. On average, insurance for a BMW 530 costs $2,847 per year.
Selecting the appropriate car insurance is vital to prevent unexpected and potentially costly surprises in the future. It’s essential to have adequate coverage in case of an accident to avoid substantial out-of-pocket expenses. Additionally, being responsible for an accident could lead to higher premiums.
Based on more than ten years of experience studying car insurance rates, I’ve noticed significant variations in these costs. Your age, driving history, and location are all crucial factors that can influence your insurance premiums.
How Much Does A BMW 530 Car Insurance Cost?
BMW 530 drivers typically pay an average of $2,847 annually for car insurance.
While 21st Century’s rate can serve as a useful point of reference, it’s crucial to understand that car insurance costs can vary significantly due to multiple factors. These factors include your location, driving history, car age, and the specific coverage options you choose. Maintaining a clean driving record often results in lower premiums, while a history of accidents or traffic violations can increase rates.
Additionally, living in a bustling urban area typically leads to higher insurance rates compared to quieter rural areas. The type of coverage you select also impacts your premium – comprehensive coverage, which includes both comprehensive and collision coverage, will be more expensive than basic liability coverage.
At Insuranceopedia, our goal is to help you shop around and compare quotes from different insurance providers to ensure you find the most favorable deal.
Average Insurance Cost Of BMW 530 By Model Year
| Model Year | Average Premium |
| 2024 BMW 530 | $5,400 |
| 2023 BMW 530 | $3,152 |
| 2022 BMW 530 | $2,259 |
| 2021 BMW 530 | $2,745 |
| 2020 BMW 530 | $1,760 |
| 2019 BMW 530 | $1,589 |
| 2018 BMW 530 | $1,283 |
| 2017 BMW 530 | $1,535 |
| 2011 BMW 530 | $3,656 |
2024 BMW 530 Insurance Rates
The average annual insurance cost for a 2024 BMW 530 is $5,400. However, 21st Century offers the cheapest rates, averaging $2,868 per year.
| Insurance Provider | Average Annual Cost |
| USAA | $5,799 |
| 21st Century | $2,868 |
| New York Central Mutual Fire | $6,552 |
| Mercury | $4,197 |
| Unitrin | $6,036 |
| Grange | $6,686 |
| Farmers | $5,975 |
| California Capital | $4,431 |
| Travelers | $6,230 |
| Erie | $5,221 |
2023 BMW 530 Insurance Rates
The average annual insurance cost for a 2023 BMW 530 is $3,152. However, Mercury Insurance offers the cheapest rates, averaging $2,219 per year.
| Insurance Provider | Average Annual Cost |
| California Capital | $2,814 |
| CSAA | $3,398 |
| Nationwide | $2,704 |
| 21st Century | $2,885 |
| Mercury Insurance | $2,219 |
| Allied | $3,635 |
| Mercury | $3,580 |
| Bristol West | $3,140 |
| Farmers | $3,727 |
| Travelers | $3,416 |
2022 BMW 530 Insurance Rates
The average annual insurance cost for a 2022 BMW 530 is $2,259. However, Safeco offers the cheapest rates, averaging $309 per year.
| Insurance Provider | Average Annual Cost |
| 21st Century | $2,536 |
| National General | $2,105 |
| Mercury Insurance Company | $3,130 |
| Safeco | $309 |
| Penn National | $1,753 |
| Kemper Auto | Infinity | $3,478 |
| New Jersey Manufacturers | $1,477 |
| National General Value | $2,720 |
| Clearcover | $3,000 |
| Mercury Insurance | $2,077 |
2021 BMW 530 Insurance Rates
The average annual insurance cost for a 2021 BMW 530 is $2,745. However, Direct Auto offers the cheapest rates, averaging $1,234 per year.
| Insurance Provider | Average Annual Cost |
| California Capital | $2,696 |
| Kemper Auto | Infinity | $2,145 |
| Farmers | $3,451 |
| 21st Century | $3,225 |
| Mercury | $2,709 |
| National General Value | $3,047 |
| Clearcover | $3,017 |
| CSAA | $3,138 |
| Allied | $2,785 |
| Direct Auto | $1,234 |
2020 BMW 530 Insurance Rates
The average annual insurance cost for a 2020 BMW 530 is $1,760. However, NatGen Custom 360 offers the cheapest rates, averaging $391 per year.
| Insurance Provider | Average Annual Cost |
| Norfolk and Dedham Group | $1,730 |
| Dairyland FR Bond | $1,733 |
| Clearcover | $1,667 |
| NatGen PPA | $1,379 |
| Safety Group | $1,830 |
| Plymouth Rock Assurance | $1,996 |
| Quincy Mutual | $2,527 |
| Direct Auto | $1,779 |
| Dairyland Broadform | $1,672 |
| NatGen Custom 360 | $391 |
2019 BMW 530 Insurance Rates
The average annual insurance cost for a 2019 BMW 530 is $1,589. However, Mercury Insurance offers the cheapest rates, averaging $1,088 per year.
| Insurance Provider | Average Annual Cost |
| New Jersey Manufacturers | $1,995 |
| Plymouth Rock Assurance | $1,462 |
| Texas Farm Bureau Group | $1,330 |
| Country | $1,698 |
| Direct Auto | $1,157 |
| Shelter | $1,987 |
| Mississippi Farm Bureau | $1,597 |
| Safety Group | $1,739 |
| Mercury Insurance | $1,088 |
| Norfolk and Dedham Group | $1,832 |
2018 BMW 530 Insurance Rates
The average annual insurance cost for a 2018 BMW 530 is $1,283. However, Safeco offers the cheapest rates, averaging $170 per year.
| Insurance Provider | Average Annual Cost |
| Plymouth Rock | $1,617 |
| Texas Farm Bureau Group | $1,510 |
| Tennessee Farmers | $1,844 |
| Grange Mutual | $1,639 |
| Safeco | $170 |
| Mercury Insurance | $613 |
| New Jersey Manufacturers | $1,360 |
| Westfield | $1,642 |
| Virginia Farm Bureau | $1,073 |
| Plymouth Rock Assurance | $1,364 |
2017 BMW 530 Insurance Rates
The average annual insurance cost for a 2017 BMW 530 is $1,535. However, Texas Farm Bureau Group offers the cheapest rates, averaging $1,035 per year.
| Insurance Provider | Average Annual Cost |
| National General Value | $1,804 |
| Auto-Owners Insurance Co | $1,937 |
| New Jersey Manufacturers | $1,770 |
| Direct Auto | $1,335 |
| Mercury Insurance | $1,270 |
| Farm Bureau Mutual (IA Group) | $1,456 |
| Atlantic States Insurance | $1,745 |
| Texas Farm Bureau Group | $1,035 |
| Mercury Insurance Company | $1,866 |
| Plymouth Rock | $1,127 |
2011 BMW 530 Insurance Rates
The average annual insurance cost for a 2011 BMW 530 is $3,656. However, Plymouth Rock offers the cheapest rates, averaging $2,155 per year.
| Insurance Provider | Average Annual Cost |
| Plymouth Rock | $2,155 |
| Mercury | $3,256 |
| Mercury Insurance Company | $3,434 |
| Safeco | $4,590 |
| Metropolitan | $4,843 |
Find Affordable BMW 530 Insurance Rates
Common BMW 530 Insurance Discounts
To reduce your car insurance costs, consider exploring available discounts offered by your provider. Common options include:
- Multi-policy Discount: Save by bundling home and auto insurance policies with the same provider.
- Pay Annually: Opt to pay your premium in one lump sum instead of monthly installments for potential savings.
- Defensive Driving: Complete a certified defensive driving course to qualify for reduced rates.
Additional discounts may be available based on your situation. Consult your insurance agent for guidance on finding and applying for all eligible discounts.
Compare BMW 530 To Other BMW Models
Looking for other BMW model insurance costs?
- BMW228xi Car Insurance
- BMW 230i Car Insurance
- BMW230xi Car Insurance
- BMW 330i Car Insurance
- BMW 330xi Car Insurance
- BMW 430i Car Insurance
- BMW 430xi Car Insurance
- BMW 440xi Car Insurance
- BMW 530e Car Insurance
- BMW 530xe Car Insurance
- BMW 540 Car Insurance
- BMW 540xd Car Insurance
- BMW 640 Car Insurance
- BMW 650 Car Insurance
- BMW 7 Series 740 Car Insurance
- BMW 7 Series 745xe Car Insurance
- BMW 7 Series 750 Car Insurance
- BMW 8 Series 840i Car Insurance
- BMW 8 Series 840xi Car Insurance
- BMW Alpina B6 Car Insurance
- BMW Alpina B7 Car Insurance
- BMW M2 Car Insurance
- BMW M4 Car Insurance
- BMW M6 Car Insurance
- BMW M8 Car Insurance
- BMW X4 Car Insurance
- BMW i8 Car Insurance
- BMW X1 Car Insurance
- BMW i3 Car Insurance
- BMW M5 Car Insurance
- BMW X3 Car Insurance
- BMW X5 Car Insurance
- BMW X7 Car Insurance
- BMW Z4 Car Insurance
- BMW X6 Car Insurance
- BMW X2 Car Insurance
Our Methodology
Insuranceopedia gathered thousands of quotes from top auto insurance providers to calculate average car insurance costs. The sample profile used was a 40-year-old male driver purchasing full-coverage insurance with the following coverage limits: $100,000 for property damage liability, $100,000 for bodily injury liability, and a $1,000 deductible. Keep in mind, your individual rates may vary based on personal factors.
Quotes Analyzed
Brands Reviewed
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FAQs
Do You Need Insurance Before You Can Purchase A BMW 530?
To drive your BMW 530 off the dealership lot, you’ll need to provide proof of insurance. The best approach is to purchase a policy in advance and inform your insurance company about the upcoming car purchase. This is often more cost-effective and flexible than opting for insurance through the dealership.
How Can You Get The Cheapest Insurance For Your BMW 530?
Finding the most affordable rates for insuring your BMW 530 is easiest when you compare quotes from various auto insurance providers. Luckily, Insuranceopedia simplifies this process by letting you compare multiple quotes directly on their website.
