BMW 740i Car Insurance Calculator

See in real-time how changes to different risk factors impact the cost of insurance for a BMW 740i. Play around with factors like your location, homeowner status, credit score, and policy coverages. Get instant feedback whether your choice increases or decreases the cost of insurance.

The average estimated car insurance premium for a 2024 BMW 740i is $3,794 per year, or about $316 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

$3,794

Cost Per Month

$316

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 740i 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 740i.

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.

$3,794
Average Rate
Your Rate
$3,794

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 740i.

The 'Average Rate' is a combined value for all BMW 740i 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 740i is $3,794.

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 740i vs. the Large Luxury Car Segment

The table below compares insurance rates for the 2024 BMW 740i against all other models in the large luxury car segment. The BMW 740i 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 740i, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW 740i.

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

2024 BMW 740i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,782-$1,012
2Volvo S90$2,870-$924
3Genesis G90$3,076-$718
4Mercedes-Benz AMG E53$3,088-$706
5Mercedes-Benz EQS 450$3,122-$672
6Lexus LS 500$3,220-$574
7Lexus LS 500h$3,262-$532
8BMW 840i$3,354-$440
9BMW i7$3,402-$392
10Audi RS 7$3,524-$270
2024 Large Luxury Car Average$3,748-$46
11BMW M850i$3,780-$14
12BMW 740i$3,794--
13BMW 750e$3,806$12
14Mercedes-Benz AMG GT43$3,832$38
15Audi S8$3,878$84
16Mercedes-Benz S500$3,972$178
17Audi A8$3,982$188
18BMW 760i$4,008$214
19Mercedes-Benz S580$4,162$368
20Mercedes-Benz EQS 580$4,230$436
21Mercedes-Benz Maybach S580$4,598$804
22Mercedes-Benz AMG EQS$4,642$848
23Porsche Panamera$4,666$872
24Mercedes-Benz Maybach S680$4,906$1,112

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 740i Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 BMW 740i.

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 740i Insurance Rates by Trim Level
2024 BMW 740i Trim Level Annual Premium Cost Per Month
Sedan$3,728$311
xDrive Sedan$3,782$315
xDrive Sedan Excecutive$3,866$322

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 740i for different driver ages.

2024 BMW 740i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$13,292$1,108
17$12,984$1,082
18$11,832$986
19$10,694$891
20$8,233$686
21$7,857$655
22$7,064$589
23$5,726$477
24$5,444$454
25$4,416$368
30$4,068$339
35$3,890$324
40$3,794$316
45$3,530$294
50$3,334$278
55$3,112$259
60$3,122$260
65$3,334$278
70$3,568$297
75$4,156$346
80$5,116$426

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 740i trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the BMW 740i.

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 740i Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 BMW 740i$3,794$316
2023 BMW 740i$3,618$302
2022 BMW 740i$3,560$297
2021 BMW 740i$3,456$288
2020 BMW 740i$3,340$278
2019 BMW 740i$2,976$248
2018 BMW 740i$2,824$235
2017 BMW 740i$2,668$222
2016 BMW 740i$2,482$207
2015 BMW 740i$2,324$194
2014 BMW 740i$2,230$186
2013 BMW 740i$2,134$178

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 740i trim levels for each model year.