2020 BMW 530e Car Insurance Calculator

Explore and understand how seemingly small changes impact the cost of insurance for a 2020 BMW 530e. Set options like homeowner status, credit history, and policy coverages to find out how each affects rates. Know immediately if rates increase or decrease and why.

The average estimated car insurance premium for a 2020 BMW 530e is $2,942 per year, or about $245 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,942

Cost Per Month

$245

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

BMW 530e Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2020 BMW 530e.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,942
Average Rate
Your Rate
$2,942

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2020 BMW 530e trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2020 BMW 530e is $2,942.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2020 BMW 530e vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2020 BMW 530e against all other models in the midsize luxury car segment. The BMW 530e is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the BMW 530e, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW 530e.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2020 BMW 530e Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura ILX$1,886-$1,056
2Lexus RC 300$2,168-$774
3Mercedes-Benz SLC300$2,230-$712
4Lexus ES 350$2,238-$704
5Lincoln MKZ$2,248-$694
6Mercedes-Benz AMG CLA45$2,268-$674
7Jaguar XE$2,272-$670
8Lexus IS 300$2,276-$666
9Audi A3$2,316-$626
10Cadillac CT5$2,354-$588
11Audi S5$2,414-$528
12Lexus GS 350$2,478-$464
13Mercedes-Benz E350$2,488-$454
14Lexus ES 300H$2,526-$416
15Audi S4$2,550-$392
16BMW 530i$2,558-$384
17BMW 540i$2,582-$360
18Mercedes-Benz CLA250$2,598-$344
19Genesis G80$2,604-$338
20Audi A6$2,614-$328
21Mercedes-Benz E450$2,644-$298
22BMW 430i$2,666-$276
23Mercedes-Benz CLS450$2,700-$242
24Jaguar XF$2,702-$240
2020 Midsize Luxury Car Average$2,704-$238
25BMW 440i$2,796-$146
26Mercedes-Benz AMG C43$2,804-$138
27Mercedes-Benz SL450$2,822-$120
28Audi RS 5$2,838-$104
29Audi S6$2,898-$44
30Infiniti Q50$2,926-$16
31BMW 530e$2,942--
32Lexus GS F$3,016$74
33Mercedes-Benz AMG C63$3,056$114
34BMW M550i$3,110$168
35Mercedes-Benz SL550$3,136$194
36Tesla Model S$3,192$250
37Audi A7$3,236$294
38Lexus LC 500H$3,320$378
39Audi S7$3,444$502
40BMW M8$3,448$506
41BMW M5$3,494$552

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2020 530e Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 BMW 530e.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2020 BMW 530e Insurance Rates by Trim Level
2020 BMW 530e Trim Level Annual Premium Cost Per Month
Sedan$2,878$240
Executive Sedan$2,942$245
Premium Sedan$2,942$245
Sport Sedan$2,942$245
xDrive Executive Sedan$2,942$245
xDrive Premium Sedan$2,942$245
xDrive Sedan$2,942$245
xDrive Sport Sedan$3,004$250

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2020 BMW 530e for different driver ages.

2020 BMW 530e Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$10,691$891
17$10,351$863
18$9,264$772
19$8,420$702
20$6,430$536
21$6,126$511
22$5,474$456
23$4,476$373
24$4,229$352
25$3,422$285
30$3,138$262
35$3,022$252
40$2,942$245
45$2,750$229
50$2,604$217
55$2,432$203
60$2,440$203
65$2,610$218
70$2,830$236
75$3,346$279
80$4,148$346

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all BMW 530e trim levels.