2021 BMW M550i Car Insurance Calculator

Learn in real-time how seemingly small changes affect the cost of insurance for a 2021 BMW M550i. Experiment with rate factors like policy discounts, vehicle trim level, and driving violations to see how insurance rates are affected. See instantly if the choices you make result in higher or lower insurance rates.

The average estimated car insurance premium for a 2021 BMW M550i is $3,220 per year, or about $268 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

$3,220

Cost Per Month

$268

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 M550i 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 2021 BMW M550i.

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.

$3,220
Average Rate
Your Rate
$3,220

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 2021 BMW M550i 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 2021 BMW M550i is $3,220.

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.

2021 BMW M550i vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2021 BMW M550i against all other models in the midsize luxury car segment. The BMW M550i 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 M550i, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW M550i.

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

2021 BMW M550i Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura ILX$1,946-$1,274
2Lexus RC 300$2,240-$980
3Lexus ES 350$2,310-$910
4Mercedes-Benz AMG CLA45$2,322-$898
5Lexus IS 300$2,352-$868
6Audi A3$2,386-$834
7Cadillac CT5$2,428-$792
8Audi S5$2,494-$726
9Mercedes-Benz E350$2,568-$652
10Lexus ES 300H$2,606-$614
11Audi S4$2,630-$590
12BMW 530i$2,638-$582
13BMW 540i$2,668-$552
14Mercedes-Benz CLA250$2,682-$538
15Genesis G80$2,692-$528
16Audi A6$2,698-$522
17Mercedes-Benz E450$2,732-$488
18BMW 430i$2,754-$466
19Jaguar XF$2,756-$464
20Mercedes-Benz CLS450$2,790-$430
2021 Midsize Luxury Car Average$2,813-$407
21Mercedes-Benz AMG C43$2,880-$340
22BMW 440i$2,894-$326
23Audi RS 5$2,926-$294
24Audi S6$2,994-$226
25Infiniti Q50$3,016-$204
26BMW 530e$3,032-$188
27Mercedes-Benz AMG C63$3,158-$62
28BMW M550i$3,220--
29Tesla Model S$3,298$78
30Audi A7$3,344$124
31Lexus LC 500H$3,432$212
32Audi S7$3,562$342
33BMW M8$3,576$356
34BMW M5$3,612$392

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.

2021 M550i Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2021 BMW M550i.

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.

2021 BMW M550i Insurance Rates by Trim Level
2021 BMW M550i Trim Level Annual Premium Cost Per Month
xDrive Executive Sedan$3,220$268
xDrive Rear Entertainment Sedan$3,220$268
xDrive Sedan$3,220$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 2021 BMW M550i for different driver ages.

2021 BMW M550i Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,374$948
17$11,151$929
18$10,234$853
19$9,199$767
20$7,086$591
21$6,755$563
22$6,075$506
23$4,868$406
24$4,641$387
25$3,760$313
30$3,456$288
35$3,296$275
40$3,220$268
45$2,990$249
50$2,818$235
55$2,636$220
60$2,648$221
65$2,840$237
70$3,024$252
75$3,516$293
80$4,354$363

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 M550i trim levels.