2024 BMW 530e Car Insurance Calculator

Learn and understand how the choices you make affect the cost of insurance for a 2024 BMW 530e. Customize factors such as driver's age, policy discounts, and vehicle trim level to see how rates are affected. Know immediately how changes you make impact the rate.

The average estimated car insurance premium for a 2024 BMW 530e is $3,100 per year, or about $258 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

$3,100

Cost Per Month

$258

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 2024 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.

$3,100
Average Rate
Your Rate
$3,100

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 2024 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 2024 BMW 530e is $3,100.

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.

2024 BMW 530e vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2024 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.

2024 BMW 530e Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mercedes-Benz CLA250$2,410-$690
2Lexus IS 300$2,414-$686
3Lexus ES 350$2,446-$654
4Mercedes-Benz AMG CLA35$2,456-$644
5Lexus RC 300$2,462-$638
6Jaguar XF$2,476-$624
7Cadillac CT5$2,526-$574
8Lexus ES 250$2,534-$566
9Lexus ES 300h$2,572-$528
10Audi A3$2,634-$466
11Infiniti Q50$2,650-$450
12Mercedes-Benz AMG CLA45$2,682-$418
13Audi S4$2,692-$408
14Mercedes-Benz EQE 350$2,724-$376
15BMW i4$2,734-$366
16Lexus IS 500$2,770-$330
17BMW 530i$2,848-$252
2024 Midsize Luxury Car Average$2,874-$226
18Audi S5$2,890-$210
19BMW 540i$2,900-$200
20BMW 430i$2,940-$160
21BMW i5$2,960-$140
22Genesis G80$2,976-$124
23Mercedes-Benz EQE 500$3,008-$92
24Mercedes-Benz AMG C43$3,024-$76
25Audi A6$3,036-$64
26Tesla Model S$3,070-$30
27BMW 530e$3,100--
28Audi RS 5$3,106$6
29Audi S6$3,128$28
30BMW M440i$3,206$106
31Audi A7$3,268$168
32Lexus LC 500h$3,508$408
33Audi S7$3,624$524
34BMW M8$3,948$848

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.

2024 530e Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 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.

2024 BMW 530e Insurance Rates by Trim Level
2024 BMW 530e Trim Level Annual Premium Cost Per Month
Sedan$3,074$256
xDrive Sedan$3,128$261

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 2024 BMW 530e for different driver ages.

2024 BMW 530e Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,058$922
17$10,750$896
18$9,697$808
19$8,795$733
20$6,742$562
21$6,431$536
22$5,763$480
23$4,698$392
24$4,452$371
25$3,608$301
30$3,314$276
35$3,184$265
40$3,100$258
45$2,894$241
50$2,736$228
55$2,556$213
60$2,564$214
65$2,738$228
70$2,952$246
75$3,464$289
80$4,276$356

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.