- BMW 540xi insurance rates average $1,864 per year or $932 for a semi-annual policy, depending on the age of the rated driver.
- The BMW 540xi is one of the cheaper midsize luxury cars to insure, costing $129 less per year on average as compared to the rest of the vehicles in the segment.
How much does BMW 540xi insurance cost?
Ranked 23rd out of 49 vehicles in the 2018 midsize luxury car class, BMW 540xi insurance costs around $1,864 annually, or around $155 if paid each month. With the average midsize luxury car costing $1,993 a year to insure, the BMW 540xi could save an estimated $129 or more every 12 months.
The next chart details how average BMW 540xi car insurance prices can change depending on the age of the driver and policy deductibles. The rates shown are per year and range from $1,270 per year for a 60-year-old driver with high physical damage deductibles to a high of $4,470 annually for a 20-year-old driver with low policy deductibles.
The table below breaks down average insurance rates for a BMW 540xi for the 2017 and 2018 model years and for various driver ages.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2018 BMW 540xi | $3,770 | $1,864 | $1,538 |
| 2017 BMW 540xi | $3,600 | $1,782 | $1,472 |
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 540xi trim levels for each model year. Updated February 22, 2024
Other observations regarding the cost of insurance for a BMW 540xi include:
- High-risk insurance is expensive. For a 30-year-old driver, having to buy a high-risk insurance policy can potentially increase rates by $2,288 or more per year.
- Car insurance for teenagers is expensive. Average rates for full coverage 540xi insurance costs $6,529 per year for a 16-year-old driver, $6,385 per year for a 17-year-old driver, $5,830 per year for an 18-year-old driver, and $5,261 per year for a 19-year-old driver.
- Lower policy costs by raising deductibles. Increasing your policy deductibles from $500 to $1,000 could save around $332 per year for a 40-year-old driver and $660 per year for a 20-year-old driver.
- Choosing a low deductible may not make good financial sense. Decreasing deductibles from $500 to $250 could cost an additional $346 per year for a 40-year-old driver and $700 per year for a 20-year-old driver.
- Save money due to your occupation. The large majority of auto insurance providers offer policy discounts for occupations like members of the military, engineers, accountants, college professors, lawyers, and others. By qualifying for this discount, you could potentially save between $56 and $156 on your yearly insurance bill.
- Older drivers tend to pay cheaper insurance rates. The difference in 2018 540xi insurance rates between a 60-year-old driver ($1,538 per year) and a 30-year-old driver ($1,998 per year) is $460, or a savings of 26%.
How do BMW 540xi insurance rates compare?
When compared to the other midsize luxury cars, insurance rates for a BMW 540xi cost $192 more per year than the Lexus ES 350, $18 more than the BMW 530i, and $122 less than the Infiniti Q50.
The BMW 540xi ranks 23rd out of 49 comparison vehicles in the 2018 midsize luxury car class for the most affordable insurance cost. The 540xi costs an average of $1,864 per year for full coverage insurance, while the category average auto insurance cost is $1,993 per year, a difference of $129 per year.
The following table shows how the BMW 540xi compares to the top 10 best-selling midsize luxury cars in America like the Lincoln MKZ, Mercedes-Benz CLA250, and the Audi A6.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Acura ILX | $1,420 | -$444 |
| 2 | Lexus IS 300 | $1,548 | -$316 |
| 3 | Lexus RC 300 | $1,616 | -$248 |
| 4 | Mercedes-Benz SLC300 | $1,668 | -$196 |
| 5 | Lexus ES 350 | $1,672 | -$192 |
| 6 | Mercedes-Benz AMG CLA45 | $1,682 | -$182 |
| 7 | Audi S5 | $1,712 | -$152 |
| 8 | Audi A3 | $1,728 | -$136 |
| 9 | Mercedes-Benz CLA250 | $1,730 | -$134 |
| 10 | Mercedes-Benz C350E | $1,738 | -$126 |
| 11 | Lincoln MKZ | $1,750 | -$114 |
| 12 | Mercedes-Benz E300 | $1,754 | -$110 |
| 13 | Lexus ES 300H | $1,758 | -$106 |
| 14 | Genesis G80 | $1,762 | -$102 |
| 15 | BMW 430i | $1,776 | -$88 |
| 16 | Audi A6 | $1,792 | -$72 |
| 17 | Audi S4 | $1,804 | -$60 |
| 18 | Lexus GS 300 | $1,830 | -$34 |
| 19 | Jaguar XE | $1,834 | -$30 |
| 20 | BMW 530i | $1,846 | -$18 |
| 21 | Lexus GS 350 | $1,850 | -$14 |
| 22 | BMW 540i | $1,862 | -$2 |
| 23 | BMW 540xi | $1,864 | -- |
| 24 | BMW 440i | $1,890 | $26 |
| 25 | Jaguar XF | $1,908 | $44 |
| 26 | Mercedes-Benz AMG C43 | $1,954 | $90 |
| 27 | Mercedes-Benz SL450 | $1,970 | $106 |
| 28 | Mercedes-Benz E400 | $1,980 | $116 |
| 29 | Infiniti Q50 | $1,986 | $122 |
| 30 | BMW 530e | $1,994 | $130 |
| 31 | Audi RS 5 | $2,018 | $154 |
| 32 | Mercedes-Benz AMG E43 | $2,026 | $162 |
| 33 | BMW 530xi | $2,030 | $166 |
| 34 | BMW M550i | $2,092 | $228 |
| 35 | Mercedes-Benz AMG C63 | $2,134 | $270 |
| 36 | BMW 640xi | $2,144 | $280 |
| 37 | Audi S6 | $2,156 | $292 |
| 38 | BMW 640i | $2,198 | $334 |
| 39 | Mercedes-Benz SL550 | $2,238 | $374 |
| 40 | Lexus GS F | $2,246 | $382 |
| 41 | Tesla Model S | $2,278 | $414 |
| 42 | Lexus LC 500H | $2,296 | $432 |
| 43 | Audi A7 | $2,304 | $440 |
| 44 | BMW 650xi | $2,310 | $446 |
| 45 | Audi S7 | $2,448 | $584 |
| 46 | BMW M5 | $2,458 | $594 |
| 47 | BMW M6 | $2,616 | $752 |
| 48 | Mercedes-Benz SL63 AMG | $2,658 | $794 |
| 49 | Mercedes-Benz SL65 AMG | $3,312 | $1,448 |
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 2018 model year. Updated February 23, 2024
