2024 BMW 840i Car Insurance Calculator

Learn how changes to risk factors and vehicle options impact the insurance cost for a 2024 BMW 840i. Customize homeowner status, credit history, policy coverages, and liability limits to learn how each affects rates. Find out instantly if the choice you make raises or lowers the cost of insurance.

The average estimated car insurance premium for a 2024 BMW 840i is $3,354 per year, or about $280 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

$3,354

Cost Per Month

$280

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 2024 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.

$3,354
Average Rate
Your Rate
$3,354

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 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 2024 BMW 840i is $3,354.

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 840i vs. the Large Luxury Car Segment

The table below compares insurance rates for the 2024 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.

2024 BMW 840i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,782-$572
2Volvo S90$2,870-$484
3Genesis G90$3,076-$278
4Mercedes-Benz AMG E53$3,088-$266
5Mercedes-Benz EQS 450$3,122-$232
6Lexus LS 500$3,220-$134
7Lexus LS 500h$3,262-$92
8BMW 840i$3,354--
9BMW i7$3,402$48
10Audi RS 7$3,524$170
2024 Large Luxury Car Average$3,748$394
11BMW M850i$3,780$426
12BMW 740i$3,794$440
13BMW 750e$3,806$452
14Mercedes-Benz AMG GT43$3,832$478
15Audi S8$3,878$524
16Mercedes-Benz S500$3,972$618
17Audi A8$3,982$628
18BMW 760i$4,008$654
19Mercedes-Benz S580$4,162$808
20Mercedes-Benz EQS 580$4,230$876
21Mercedes-Benz Maybach S580$4,598$1,244
22Mercedes-Benz AMG EQS$4,642$1,288
23Porsche Panamera$4,666$1,312
24Mercedes-Benz Maybach S680$4,906$1,552

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 840i Insurance Rates by Trim Level

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

2024 BMW 840i Insurance Rates by Trim Level
2024 BMW 840i Trim Level Annual Premium Cost Per Month
Coupe$3,310$276
Gran Coupe$3,310$276
Convertible$3,366$281
xDrive Coupe$3,368$281
xDrive Gran Coupe$3,368$281
xDrive Convertible$3,410$284

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 840i for different driver ages.

2024 BMW 840i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,598$967
17$11,343$945
18$10,367$864
19$9,369$781
20$7,238$603
21$6,907$576
22$6,225$519
23$5,049$421
24$4,803$400
25$3,908$326
30$3,600$300
35$3,442$287
40$3,354$280
45$3,122$260
50$2,948$246
55$2,750$229
60$2,760$230
65$2,944$245
70$3,136$261
75$3,634$303
80$4,462$372

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.