2020 BMW 840i Car Insurance Calculator

Gain insights into how different driver, vehicle, and coverage options influence insurance rates for a 2020 BMW 840i. Customize rate factors like coverage deductibles, age of the driver, policy discounts, and 840i trim level. Get instant feedback how and why rates change based on your selections.

The average estimated car insurance premium for a 2020 BMW 840i is $3,082 per year, or about $257 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

$3,082

Cost Per Month

$257

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 840i 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 840i.

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.

$3,082
Average Rate
Your Rate
$3,082

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 840i 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 840i is $3,082.

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 840i vs. the Large Luxury Car Segment

The table below compares insurance rates for the 2020 BMW 840i against all other models in the large luxury car segment. The BMW 840i 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 840i, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW 840i.

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

2020 BMW 840i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,284-$798
2Lincoln Continental$2,372-$710
3Volvo S90$2,438-$644
4Cadillac CT6$2,516-$566
5Acura RLX$2,638-$444
6Lexus LS 500H$2,744-$338
7Kia K900$2,796-$286
8Lexus LS 500$2,886-$196
9Infiniti Q60$2,934-$148
10Mercedes-Benz AMG E53$2,938-$144
11Genesis G90$2,950-$132
12Mercedes-Benz AMG CLS53$3,016-$66
13BMW 840i$3,082--
2020 Large Luxury Car Average$3,122$40
14Mercedes-Benz S450$3,214$132
15BMW M850i$3,232$150
16BMW 740i$3,340$258
17BMW 850i$3,368$286
18Mercedes-Benz E63 AMG$3,384$302
19Porsche Panamera$3,518$436
20Audi A8$3,578$496
21Mercedes-Benz S560$3,614$532
22BMW 750i$3,628$546
23BMW M760i$4,094$1,012
24Mercedes-Benz AMG S63$4,374$1,292

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 840i Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 BMW 840i.

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 840i Insurance Rates by Trim Level
2020 BMW 840i Trim Level Annual Premium Cost Per Month
Gran Coupe$2,890$241
Gran Coupe Sport$2,954$246
xDrive Gran Coupe$2,954$246
xDrive Gran Coupe Sport$3,016$251
Convertible$3,102$259
Coupe$3,150$263
Sport Convertible$3,182$265
xDrive Convertible$3,182$265
xDrive Sport Convertible$3,182$265
Sport Coupe$3,212$268

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 840i for different driver ages.

2020 BMW 840i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$10,884$907
17$10,616$885
18$9,648$804
19$8,724$727
20$6,708$559
21$6,397$533
22$5,747$479
23$4,662$389
24$4,425$369
25$3,590$299
30$3,302$275
35$3,160$263
40$3,082$257
45$2,870$239
50$2,712$226
55$2,534$211
60$2,542$212
65$2,716$226
70$2,910$243
75$3,400$283
80$4,194$350

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 840i trim levels.