2024 BMW 530i Car Insurance Calculator

Explore and learn how decisions you make impact car insurance rates for a 2024 BMW 530i. Change driver's age, policy discounts, trim level options, and driving record plus many other factors. Find out instantly if the option you change results in higher or lower rates and learn why.

The average estimated car insurance premium for a 2024 BMW 530i is $2,848 per year, or about $237 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

$2,848

Cost Per Month

$237

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 2024 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.

$2,848
Average Rate
Your Rate
$2,848

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 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 2024 BMW 530i is $2,848.

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 530i vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2024 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.

2024 BMW 530i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mercedes-Benz CLA250$2,410-$438
2Lexus IS 300$2,414-$434
3Lexus ES 350$2,446-$402
4Mercedes-Benz AMG CLA35$2,456-$392
5Lexus RC 300$2,462-$386
6Jaguar XF$2,476-$372
7Cadillac CT5$2,526-$322
8Lexus ES 250$2,534-$314
9Lexus ES 300h$2,572-$276
10Audi A3$2,634-$214
11Infiniti Q50$2,650-$198
12Mercedes-Benz AMG CLA45$2,682-$166
13Audi S4$2,692-$156
14Mercedes-Benz EQE 350$2,724-$124
15BMW i4$2,734-$114
16Lexus IS 500$2,770-$78
17BMW 530i$2,848--
2024 Midsize Luxury Car Average$2,874$26
18Audi S5$2,890$42
19BMW 540i$2,900$52
20BMW 430i$2,940$92
21BMW i5$2,960$112
22Genesis G80$2,976$128
23Mercedes-Benz EQE 500$3,008$160
24Mercedes-Benz AMG C43$3,024$176
25Audi A6$3,036$188
26Tesla Model S$3,070$222
27BMW 530e$3,100$252
28Audi RS 5$3,106$258
29Audi S6$3,128$280
30BMW M440i$3,206$358
31Audi A7$3,268$420
32Lexus LC 500h$3,508$660
33Audi S7$3,624$776
34BMW M8$3,948$1,100

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 530i Insurance Rates by Trim Level

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

2024 BMW 530i Insurance Rates by Trim Level
2024 BMW 530i Trim Level Annual Premium Cost Per Month
Sedan$2,798$233
xDrive Sedan$2,846$237
xDrive Premium$2,852$238
xDrive Executive$2,896$241

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 530i for different driver ages.

2024 BMW 530i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$10,016$835
17$9,745$812
18$8,816$735
19$7,999$667
20$6,150$513
21$5,871$489
22$5,269$439
23$4,302$359
24$4,078$340
25$3,312$276
30$3,044$254
35$2,922$244
40$2,848$237
45$2,656$221
50$2,512$209
55$2,342$195
60$2,350$196
65$2,506$209
70$2,692$224
75$3,144$262
80$3,868$322

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.