BMW XM Car Insurance Calculator

Explore and learn how life choices influence insurance rates for a BMW XM. Experiment with factors like credit rating, policy coverages, liability limits, and coverage deductibles. Know immediately the impact of your choices on the cost of insurance.

The average estimated car insurance premium for a 2024 BMW XM is $3,844 per year, or about $320 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

$3,844

Cost Per Month

$320

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 XM 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 XM.

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.

$3,844
Average Rate
Your Rate
$3,844

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 XM.

The 'Average Rate' is a combined value for all BMW XM 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 XM is $3,844.

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 XM vs. the Midsize Luxury SUV Segment

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

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

2024 BMW XM Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Jaguar E-Pace$2,190-$1,654
2Cadillac XT5$2,210-$1,634
3Infiniti QX50$2,276-$1,568
4Cadillac XT6$2,292-$1,552
5Infiniti QX60$2,304-$1,540
6Mercedes-Benz AMG GLB35$2,308-$1,536
7Acura MDX$2,342-$1,502
8Lexus RX 350$2,350-$1,494
9Lexus TX 350$2,380-$1,464
10Lexus RX 350h$2,410-$1,434
11Lexus TX 500h$2,446-$1,398
12Lexus RX 500h$2,454-$1,390
13Lincoln Nautilus$2,472-$1,372
14Lexus RX 450h$2,476-$1,368
15Volvo V90$2,496-$1,348
16Audi SQ5$2,584-$1,260
17Mercedes-Benz GLE350$2,616-$1,228
18Lincoln Aviator$2,636-$1,208
19Lexus GX 550$2,664-$1,180
20Volvo V60$2,742-$1,102
21Land Rover Discovery Sport$2,746-$1,098
22Mercedes-Benz GLE450$2,758-$1,086
2024 Midsize Luxury SUV Average$2,782-$1,062
23Cadillac Lyriq$2,784-$1,060
24Volvo EX90$2,806-$1,038
25Audi Q7$2,842-$1,002
26Genesis GV80$2,854-$990
27Mercedes-Benz AMG GLC43$2,868-$976
28Audi e-tron$2,920-$924
29Tesla Model X$2,944-$900
30BMW X5$2,992-$852
31Audi Q8$3,012-$832
32Land Rover Discovery$3,026-$818
33Mercedes-Benz AMG GLE53$3,046-$798
34Audi SQ7$3,148-$696
35BMW iX$3,192-$652
36BMW X6$3,272-$572
37Land Rover Range Rover Sport$3,410-$434
38Audi RS 6$3,482-$362
39Porsche Cayenne$3,506-$338
40BMW XM$3,844--
41Mercedes-Benz AMG GLE63$3,948$104

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 XM Insurance Rates by Trim Level

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

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 XM Insurance Rates by Trim Level
2024 BMW XM Trim Level Annual Premium Cost Per Month
Base$3,700$308
Label$3,986$332

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 XM for different driver ages.

2024 BMW XM Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$13,228$1,102
17$12,998$1,083
18$11,995$1,000
19$10,785$899
20$8,347$696
21$7,969$664
22$7,191$599
23$5,782$482
24$5,516$460
25$4,482$374
30$4,136$345
35$3,936$328
40$3,844$320
45$3,568$297
50$3,362$280
55$3,140$262
60$3,152$263
65$3,368$281
70$3,568$297
75$4,114$343
80$5,058$422

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 XM trim levels.

Average Rates by Model Year

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

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 XM Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 BMW XM$3,844$320
2023 BMW XM$3,722$310

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 XM trim levels for each model year.