Insurance and Your BMW 540i: What You Need to Know

How much are 540i car insurance rates? We compared auto insurance rates from the base 540i Sedan all the way to the xDrive Sport and Executive trims to discover how prices rank when compared to all other midsize luxury cars.

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  • BMW 540i car insurance rates average $2,900 per year or around $242 per month, depending on driver age.
  • The base 540i xDrive Sedan trim level is the cheapest to insure at around $2,834 per year. The most expensive trim is the xDrive Sedan Executive at $2,958 per year.
  • As one of the more expensive midsize luxury cars to insure, the BMW 540i costs $26 more per year on average to insure when compared to the other midsize luxury cars.

How much does BMW 540i insurance cost?

BMW 540i car insurance averages $2,900 yearly, or about $242 monthly. Drivers can expect to pay around $26 more each year to insure a BMW 540i as compared to the average rate for midsize luxury cars, and $679 more per year than the overall national average of $2,221.

The next price chart breaks down a summary of car insurance rates on a BMW 540i for different driver age groups and policy risk profiles.

Average 2024 BMW 540i insurance premiums for different driver ages and risk scenarios.
Figure 1: Average 2024 BMW 540i insurance premiums for different driver ages and risk scenarios. Rates updated on June 27, 2025.

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Data Methodology: Average rates are for a 2024 model year BMW 540i with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all BMW 540i trim levels.

2024 BMW 540i Insurance Cost Summary
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$6,712$559
Safe Driver Age 20$5,900$492
At-fault Accidents Age 40$4,092$341
Low Deductibles Age 40$3,918$327
Safe Driver Age 30$3,112$259
Safe Driver Age 40$2,900$242
Safe Driver Age 50$2,550$213
Discount Rate Age 40$2,408$201
Safe Driver Age 60$2,392$199
High Deductibles Age 40$2,386$199

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 BMW 540i trim levels. Updated June 27, 2025

The data table below breaks down average insurance rates for a BMW 540i from the 2017 to the 2024 model years. For the average 40-year-old driver, rates range from $2,216 to $2,900 depending on model year.

BMW 540i Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2024 BMW 540i$5,900$2,900$2,392
2023 BMW 540i$5,718$2,808$2,318
2022 BMW 540i$5,500$2,708$2,232
2021 BMW 540i$5,430$2,668$2,206
2020 BMW 540i$5,256$2,582$2,136
2019 BMW 540i$4,966$2,442$2,014
2018 BMW 540i$4,684$2,304$1,900
2017 BMW 540i$4,486$2,216$1,828

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 540i trim levels for each model year. Updated June 26, 2025

Average insurance rates for 2017 to 2024 BMW 540i models for drivers age 20, 40 and 60
Average insurance rates for 2017 to 2024 BMW 540i models for drivers age 20, 40 and 60

From a trim level perspective, car insurance for a 2024 BMW 540i ranges from $2,834 to $2,958. The rate table below shows the estimated yearly and semi-annual policy costs, plus a monthly budget figure, for each BMW 540i model trim level.

2024 BMW 540i Insurance Rates by Trim Level
2024 BMW 540i Trim Level Annual Premium Cost Per Month
xDrive Sedan$2,834$236
xDrive Sedan Premium$2,912$243
xDrive Sedan Executive$2,958$247

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. Updated June 26, 2025

Insurance cost by trim level for a 2024 BMW 540i ranging from the xDrive Sedan model at $2,834 per year to the xDrive Sedan Executive model at $2,958
Insurance cost by trim level for a 2024 BMW 540i ranging from the xDrive Sedan model at $2,834 per year to the xDrive Sedan Executive model at $2,958

BMW 540i insurance versus other luxury cars

When insurance prices are compared to random models in the midsize luxury car segment, car insurance rates for a BMW 540i cost $454 more per year than the Lexus ES 350, $52 more than the BMW 530i, and $250 more than the Infiniti Q50.

The BMW 540i ranks 19th out of 34 total comparison vehicles in the midsize luxury car segment for most affordable auto insurance rates. The 540i costs an estimated $2,900 per year for full coverage car insurance and the category average car insurance cost is $2,874 annually, a difference of $26 per year.

The table below shows how average 540i car insurance rates compare to the top 10 most popular midsize luxury cars in the U.S. like the Mercedes-Benz CLA250, Audi A6, and the Tesla Model S.

Insurance Cost Comparison: BMW 540i vs Midsize Luxury Cars
Rank Make and Model Annual Premium Difference
1Mercedes-Benz CLA250$2,410-$490
2Lexus IS 300$2,414-$486
3Lexus ES 350$2,446-$454
4Mercedes-Benz AMG CLA35$2,456-$444
5Lexus RC 300$2,462-$438
6Jaguar XF$2,476-$424
7Cadillac CT5$2,526-$374
8Lexus ES 250$2,534-$366
9Lexus ES 300h$2,572-$328
10Audi A3$2,634-$266
11Infiniti Q50$2,650-$250
12Mercedes-Benz AMG CLA45$2,682-$218
13Audi S4$2,692-$208
14Mercedes-Benz EQE 350$2,724-$176
15BMW i4$2,734-$166
16Lexus IS 500$2,770-$130
17BMW 530i$2,848-$52
18Audi S5$2,890-$10
19BMW 540i$2,900--
20BMW 430i$2,940$40
21BMW i5$2,960$60
22Genesis G80$2,976$76
23Mercedes-Benz EQE 500$3,008$108
24Mercedes-Benz AMG C43$3,024$124
25Audi A6$3,036$136
26Tesla Model S$3,070$170
27BMW 530e$3,100$200
28Audi RS 5$3,106$206
29Audi S6$3,128$228
30BMW M440i$3,206$306
31Audi A7$3,268$368
32Lexus LC 500h$3,508$608
33Audi S7$3,624$724
34BMW M8$3,948$1,048

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 vehicle from the 2024 model year. Updated June 26, 2025

At $2,900 per year, insurance cost for a 2024 BMW 540i ranks 19th out of 34 models in the midsize luxury car segment
At $2,900 per year, insurance cost for a 2024 BMW 540i ranks 19th out of 34 models in the midsize luxury car segment

Insurance rates and policy insights

Additional observations regarding 540i insurance cost include:

  • Cheaper rates come with better credit scores. Having a credit score above 800 may save up to $455 per year compared to a rating of 670-739. Conversely, a subpar credit score could cost up to $528 more per year.
  • Getting older pays dividends in cheaper insurance. The difference in insurance cost for a BMW 540i between a 60-year-old driver ($2,392 per year) and a 20-year-old driver ($5,900 per year) is $3,508, or a savings of 84.6%.
  • Gender affects car insurance rates. For a 2024 BMW 540i, a 20-year-old man will have an average rate of $5,900 per year, while a 20-year-old woman will pay $4,190, a difference of $1,710 per year in favor of the women by a long shot. But by age 50, the male rate is $2,550 and the cost for female drivers is $2,494, a difference of only $56.
  • Obey driving laws to save money. To get the most affordable price on 540i insurance rates, it pays to be a conservative driver. In fact, just a few speeding tickets have the consequences of increasing insurance rates by up to $772 per year.
  • Careless drivers have higher insurance rates. Too many at-fault accidents will increase rates, to the tune of $4,192 per year for a 20-year-old driver and even $678 per year for a 60-year-old driver.