BMW 540i Car Insurance Calculator

Find out how decisions you make impact car insurance rates for a BMW 540i. Customize choices like coverage deductibles, age of the driver, and policy discounts to learn how each impacts cost. Immediately see if the option you change raises or lowers your rate.

The average estimated car insurance premium for a 2024 BMW 540i is $2,900 per year, or about $242 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

$2,900

Cost Per Month

$242

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 540i 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 BMW 540i.

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.

$2,900
Average Rate
Your Rate
$2,900

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.

Changing the Model Year option in the calculator will reset the Average Rate to the average cost to insure that specific model year BMW 540i.

The 'Average Rate' is a combined value for all BMW 540i 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 540i is $2,900.

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 540i vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2024 BMW 540i against all other models in the midsize luxury car segment. The BMW 540i 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 540i, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW 540i.

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

2024 BMW 540i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mercedes-Benz CLA250$2,410-$490
2Lexus IS 300$2,414-$486
3Lexus ES 350$2,446-$454
4Mercedes-Benz AMG CLA35$2,456-$444
5Lexus RC 300$2,462-$438
6Jaguar XF$2,476-$424
7Cadillac CT5$2,526-$374
8Lexus ES 250$2,534-$366
9Lexus ES 300h$2,572-$328
10Audi A3$2,634-$266
11Infiniti Q50$2,650-$250
12Mercedes-Benz AMG CLA45$2,682-$218
13Audi S4$2,692-$208
14Mercedes-Benz EQE 350$2,724-$176
15BMW i4$2,734-$166
16Lexus IS 500$2,770-$130
17BMW 530i$2,848-$52
2024 Midsize Luxury Car Average$2,874-$26
18Audi S5$2,890-$10
19BMW 540i$2,900--
20BMW 430i$2,940$40
21BMW i5$2,960$60
22Genesis G80$2,976$76
23Mercedes-Benz EQE 500$3,008$108
24Mercedes-Benz AMG C43$3,024$124
25Audi A6$3,036$136
26Tesla Model S$3,070$170
27BMW 530e$3,100$200
28Audi RS 5$3,106$206
29Audi S6$3,128$228
30BMW M440i$3,206$306
31Audi A7$3,268$368
32Lexus LC 500h$3,508$608
33Audi S7$3,624$724
34BMW M8$3,948$1,048

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 540i Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 BMW 540i.

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 540i Insurance Rates by Trim Level
2024 BMW 540i Trim Level Annual Premium Cost Per Month
xDrive Sedan$2,834$236
xDrive Sedan Premium$2,912$243
xDrive Sedan Executive$2,958$247

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 540i for different driver ages.

2024 BMW 540i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$10,236$853
17$10,006$834
18$9,133$761
19$8,238$687
20$6,341$528
21$6,046$504
22$5,435$453
23$4,388$366
24$4,172$348
25$3,382$282
30$3,112$259
35$2,974$248
40$2,900$242
45$2,700$225
50$2,550$213
55$2,384$199
60$2,392$199
65$2,558$213
70$2,734$228
75$3,182$265
80$3,930$328

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 540i trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the BMW 540i.

These values do not change with the calculator settings. These rates provide a "base average rate" to compare your calculated rate to, and the highlighted row indicates the currently selected model year.

Changing the calculator settings will cause your rate to move higher or lower than the average annual premium.

If the calculated 'Annual Premium' shown at the bottom of your screen is higher than the highlighted annual premium in the table, refer to the insurance analysis section to find out what factors might be causing the increase.

Average BMW 540i Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 BMW 540i$2,900$242
2023 BMW 540i$2,808$234
2022 BMW 540i$2,708$226
2021 BMW 540i$2,668$222
2020 BMW 540i$2,582$215
2019 BMW 540i$2,442$204
2018 BMW 540i$2,304$192
2017 BMW 540i$2,216$185

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 BMW 540i trim levels for each model year.