BMW 530 Car Insurance Cost

Acquiring insurance for a BMW 530 typically costs around $2,868 per year with 21st Century. However, the final expense can fluctuate depending on factors such as your age, the model year of the car, and other relevant factors. Utilizing the quote tables below can help you obtain a personalized estimate of your potential insurance costs.

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Updated: 07 October 2024
Written by Bob Phillips
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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.

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 BMW 530 Car Insurance Cost?

Usually, 21st Century offers the most favorable option, with an annual rate of approximately $2,868 for comprehensive insurance on a 2024 BMW 530.

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.

2024 BMW 530 Insurance Rates

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

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

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

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

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

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

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

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

Insurance Provider Average Annual Cost
Plymouth Rock $2,155
Mercury $3,256
Mercury Insurance Company $3,434
Safeco $4,590
Metropolitan $4,843

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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