BMW 840i Car Insurance Cost
Securing insurance for a BMW 840i usually costs around $1,503 per year through California Capital. However, the final price may differ depending on factors such as your age, the car’s model year, and other relevant factors. You can utilize the quote tables provided below to obtain a personalized estimate of how much it could cost for your specific situation.
If you’re considering purchasing a BMW 840i, it’s crucial to consider the cost of insurance. Insurance plays a significant role in car ownership, and understanding the financial commitment is essential before making a decision.
Selecting the right car insurance is crucial to prevent unexpected and potentially costly surprises in the future. Having adequate coverage in case of an accident is important to avoid significant 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 the significant variation in these costs. Factors such as your age, driving history, and location all play a significant role in determining your insurance premiums.
How Much Does BMW 840i Car Insurance Cost?
Usually, California Capital offers the most favorable deal, with an annual cost of approximately $1,503 for comprehensive insurance coverage on a 2024 BMW 840i.
While California Capital’s rate is a helpful starting point, it’s important to understand that car insurance expenses can vary significantly due to several factors. These factors include your location, driving history, your car’s age, and the specific coverage options you choose. Generally, maintaining a clean driving record can result in lower premiums, whereas a history of accidents or traffic violations can lead to higher rates.
Additionally, living in a bustling urban area typically results in higher insurance costs compared to quieter rural areas. The type of coverage you select also impacts your premium – comprehensive coverage, which includes both comprehensive and collision coverage, tends to be more expensive than basic liability coverage.
Here at Insuranceopedia, we’re here to help you shop around and compare quotes from various insurance providers to ensure you find the most favorable deal.
2024 BMW 840i Insurance Rates
| Insurance Provider | Average Annual Cost |
| Bristol West | $3,286 |
| State Farm | $3,792 |
| Metropolitan | $3,807 |
| Alliance United | $3,119 |
| USAA | $2,409 |
| Farmers | $2,843 |
| Unitrin | $3,558 |
| Mercury | $2,486 |
| 21st Century | $3,623 |
| California Capital | $1,503 |
2023 BMW 840i Insurance Rates
| Insurance Provider | Average Annual Cost |
| Travelers | $3,690 |
| California Capital | $4,452 |
| Auto-Owners Insurance Co | $3,677 |
| Arbella Insurance Group | $4,547 |
| Plymouth Rock Assurance | $3,181 |
| USAA | $4,158 |
| Allied | $3,679 |
| Norfolk and Dedham Group | $4,312 |
| Penn National | $2,388 |
| Farm Bureau Mutual (IA Group) | $4,424 |
2022 BMW 840i Insurance Rates
| Insurance Provider | Average Annual Cost |
| State Farm | $3,203 |
| California Capital | $1,471 |
| 21st Century | $3,548 |
| Farmers | $2,787 |
| Alliance United | $3,177 |
| Preferred Mutual | $3,083 |
| Nationwide | $1,470 |
| Bristol West | $3,339 |
| USAA | $2,816 |
| Plymouth Rock Assurance | $3,135 |
2021 BMW 840i Insurance Rates
| Insurance Provider | Average Annual Cost |
| California Capital | $1,448 |
| Nationwide | $2,268 |
| USAA | $2,406 |
| Safeco | $2,441 |
| Mercury | $2,499 |
| Farmers | $2,819 |
| Alliance United | $3,136 |
| Mercury Insurance | $3,304 |
| Bristol West | $3,325 |
| 21st Century | $3,598 |
2020 BMW 840i Insurance Rates
| Insurance Provider | Average Annual Cost |
| California Capital | $2,194 |
| Penn National | $2,456 |
| Auto-Owners Insurance Co | $2,522 |
| New Jersey Manufacturers | $2,663 |
| Central Mutual Insurance Co | $2,688 |
| USAA | $2,734 |
| Esurance | $2,804 |
| Mercury | $3,042 |
| Georgia Farm Bureau | $3,196 |
| State Farm | $3,205 |
Compare BMW 840i To Other BMW Models
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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.
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