2020 BMW 530i Car Insurance Calculator

See in real-time how changes to risk factors and vehicle options impact the cost of insurance for a 2020 BMW 530i. Modify choices like driver gender, whether you're married or single, the state and city you live in, and homeowner status. Instantly see how the rate changes based on your selections and learn why rates increased or decreased.

The average estimated car insurance premium for a 2020 BMW 530i is $2,558 per year, or about $213 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

$2,558

Cost Per Month

$213

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 530i 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 530i.

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.

$2,558
Average Rate
Your Rate
$2,558

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 530i 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 530i is $2,558.

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 530i vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2020 BMW 530i against all other models in the midsize luxury car segment. The BMW 530i 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 530i, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW 530i.

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

2020 BMW 530i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura ILX$1,886-$672
2Lexus RC 300$2,168-$390
3Mercedes-Benz SLC300$2,230-$328
4Lexus ES 350$2,238-$320
5Lincoln MKZ$2,248-$310
6Mercedes-Benz AMG CLA45$2,268-$290
7Jaguar XE$2,272-$286
8Lexus IS 300$2,276-$282
9Audi A3$2,316-$242
10Cadillac CT5$2,354-$204
11Audi S5$2,414-$144
12Lexus GS 350$2,478-$80
13Mercedes-Benz E350$2,488-$70
14Lexus ES 300H$2,526-$32
15Audi S4$2,550-$8
16BMW 530i$2,558--
17BMW 540i$2,582$24
18Mercedes-Benz CLA250$2,598$40
19Genesis G80$2,604$46
20Audi A6$2,614$56
21Mercedes-Benz E450$2,644$86
22BMW 430i$2,666$108
23Mercedes-Benz CLS450$2,700$142
24Jaguar XF$2,702$144
2020 Midsize Luxury Car Average$2,704$146
25BMW 440i$2,796$238
26Mercedes-Benz AMG C43$2,804$246
27Mercedes-Benz SL450$2,822$264
28Audi RS 5$2,838$280
29Audi S6$2,898$340
30Infiniti Q50$2,926$368
31BMW 530e$2,942$384
32Lexus GS F$3,016$458
33Mercedes-Benz AMG C63$3,056$498
34BMW M550i$3,110$552
35Mercedes-Benz SL550$3,136$578
36Tesla Model S$3,192$634
37Audi A7$3,236$678
38Lexus LC 500H$3,320$762
39Audi S7$3,444$886
40BMW M8$3,448$890
41BMW M5$3,494$936

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 530i Insurance Rates by Trim Level

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

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 530i Insurance Rates by Trim Level
2020 BMW 530i Trim Level Annual Premium Cost Per Month
Sedan$2,494$208
Executive Sedan$2,558$213
Premium Sedan$2,558$213
Sport Sedan$2,558$213
xDrive Executive Sedan$2,558$213
xDrive Premium Sedan$2,558$213
xDrive Sedan$2,558$213
xDrive Sport Sedan$2,620$218

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 530i for different driver ages.

2020 BMW 530i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,037$753
17$8,778$732
18$7,906$659
19$7,185$599
20$5,517$460
21$5,266$439
22$4,720$393
23$3,868$322
24$3,659$305
25$2,974$248
30$2,732$228
35$2,628$219
40$2,558$213
45$2,386$199
50$2,258$188
55$2,108$176
60$2,116$176
65$2,254$188
70$2,426$202
75$2,844$237
80$3,500$292

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 530i trim levels.