2016 BMW 740i Car Insurance Calculator

Find out how changing risk factors affect the cost of insurance for a 2016 BMW 740i. Fine-tune factors like driver gender, whether you're married or single, the state and city you live in, and homeowner status. Instantly see if the choices you make result in a cheaper or more expensive rate.

The average estimated car insurance premium for a 2016 BMW 740i is $2,482 per year, or about $207 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

$2,482

Cost Per Month

$207

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 2016 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.

$2,482
Average Rate
Your Rate
$2,482

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 2016 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 2016 BMW 740i is $2,482.

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.

2016 BMW 740i vs. the Large Luxury Car Segment

The table below compares insurance rates for the 2016 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.

2016 BMW 740i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Cadillac XTS$1,784-$698
2Cadillac CTS$1,808-$674
3Audi A5$1,876-$606
4Lincoln MKS$1,908-$574
5Cadillac CT6$1,924-$558
6Kia K900$2,152-$330
7Acura RLX$2,156-$326
8Infiniti Q70L$2,162-$320
9Mercedes-Benz CLS550$2,204-$278
10Lexus GS 450$2,218-$264
11Infiniti Q70$2,228-$254
12Hyundai Equus$2,256-$226
13Lexus LS 460$2,358-$124
14Mercedes-Benz C63 AMG$2,434-$48
15Cadillac CTS-V$2,440-$42
16BMW 740i$2,482--
17Jaguar XJ$2,498$16
18Mercedes-Benz E63 AMG$2,508$26
19BMW 650i$2,680$198
20Maserati Ghibli$2,684$202
2016 Large Luxury Car Average$2,713$231
21Jaguar XJ Super$2,752$270
22BMW 750i$2,772$290
23Audi RS 7$2,828$346
24Audi S8$2,856$374
25Lexus LS 600H$2,876$394
26Mercedes-Benz CLS63 AMG$2,878$396
27Mercedes-Benz S550$2,924$442
28Maserati Quattroporte$2,932$450
29Mercedes-Benz AMG$2,968$486
30Audi A8$3,014$532
31BMW Alpina B6$3,026$544
32Porsche Panamera$3,102$620
33Mercedes-Benz S63 AMG$3,330$848
34Mercedes-Benz S600$3,392$910
35Mercedes-Benz S65 AMG$3,910$1,428
36Mercedes-Benz S65$3,956$1,474
37Bentley Continental$4,024$1,542
38Bentley Mulsanne$4,798$2,316

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.

2016 740i Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2016 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.

2016 BMW 740i Insurance Rates by Trim Level
2016 BMW 740i Trim Level Annual Premium Cost Per Month
$2,482$207

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 2016 BMW 740i for different driver ages.

2016 BMW 740i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,739$728
17$8,526$711
18$7,750$646
19$7,009$584
20$5,393$449
21$5,146$429
22$4,623$385
23$3,749$312
24$3,559$297
25$2,888$241
30$2,658$222
35$2,546$212
40$2,482$207
45$2,312$193
50$2,186$182
55$2,042$170
60$2,048$171
65$2,188$182
70$2,342$195
75$2,732$228
80$3,368$281

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.