Navigating Insurance for a BMW M5: Rates Compared for 2025

How much does M5 car insurance cost? We analyze rates by model year, from the base M5 sedan to the Competition trim level with the rear entertainment option, to see how average prices compare to all other midsize luxury cars.

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  • BMW M5 car insurance rates average $3,624 per year (about $302 per month) for full coverage, but can vary significantly based on driver age.
  • The cheapest M5 trim to insure is the base sedan trim level at an estimated $3,564 per year.
  • The M5 Competition Sedan is the most expensive to insure at $3,684 per year.
  • Out of 38 vehicles in the midsize luxury car segment, the M5 ranks 37th for insurance affordability.

How much does average BMW M5 insurance cost?

BMW M5 car insurance rates average $3,624 per year for full coverage, or about $302 each month. You can expect to pay around $725 more per year for BMW M5 insurance compared to the midsize luxury cars average rate, and $1,403 more per year than the $2,221 average for all vehicles.

The chart below demonstrates how car insurance prices  on a 2023 M5 model can fluctuate with changes in driver age and the deductibles for comprehensive and collision coverage. Prices range from $2,446 per year for a driver age 60 with high deductibles to $8,590 each year for a 20-year-old driver with a $250 policy deductible.

Average 2023 BMW M5 car insurance premiums for different driver ages and policy deductibles.
Figure 1: Average 2023 BMW M5 car insurance premiums for different driver ages and policy deductibles. Rates updated on June 27, 2025.

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Data Methodology: Average premiums are based on a 2023 model year BMW M5. Rates assume a clean driving record and no claims or at-fault accidents. Comprehensive and collision coverage is included as well as UM/UIM and medical payments coverage. Premium amounts are averaged across all trim levels.

2023 BMW M5 Insurance Cost by Driver Age and Deductibles
Driver Age Policy Deductible Annual Premium Cost Per Month
20-Year-Old$1,000$5,950$496
$500$7,232$603
$250$8,590$716
30-Year-Old$1,000$3,172$264
$500$3,890$324
$250$4,636$386
40-Year-Old$1,000$2,964$247
$500$3,624$302
$250$4,312$359
50-Year-Old$1,000$2,612$218
$500$3,182$265
$250$3,774$315
60-Year-Old$1,000$2,446$204
$500$2,976$248
$250$3,532$294

Data Methodology: Rated driver has no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for the 2023 BMW M5. Updated June 27, 2025

The following table details average BMW M5 full coverage car insurance policy costs from the 2013 to the 2023 model years and different driver age groups. For the average 40-year-old male driver, prices range from $2,380 for a 2013 model to the highest rate of $3,624 for a 2023 model.

BMW M5 Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 BMW M5$7,232$3,624$2,976
2022 BMW M5$7,464$3,696$3,044
2021 BMW M5$7,308$3,612$2,976
2020 BMW M5$7,066$3,494$2,880
2019 BMW M5$6,368$3,134$2,582
2018 BMW M5$6,148$3,034$2,500
2016 BMW M5$5,004$2,518$2,080
2015 BMW M5$5,056$2,512$2,076
2014 BMW M5$4,816$2,394$1,980
2013 BMW M5$4,810$2,380$1,976

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 M5 trim levels for each model year. Updated June 27, 2025

Average insurance rates for 2013 to 2023 BMW M5 models for drivers age 20, 40 and 60
Average insurance rates for 2013 to 2023 BMW M5 models for drivers age 20, 40 and 60

The next table details the estimated annual and 6-month policy costs, plus a monthly insurance rate, for each BMW M5 trim level.

2023 BMW M5 Insurance Rates by Trim Level
2023 BMW M5 Trim Level Annual Premium Cost Per Month
Sedan$3,564$297
Competition Sedan$3,684$307

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 2023 BMW M5 ranging from the Sedan model at $3,564 per year to the Competition Sedan model at $3,684
Insurance cost by trim level for a 2023 BMW M5 ranging from the Sedan model at $3,564 per year to the Competition Sedan model at $3,684

How do BMW M5 car insurance rates compare?

When rates are compared to other popular midsize luxury cars, auto insurance rates for a BMW M5 cost $1,164 more per year than the Lexus ES 350, $882 more than the BMW 530i, and $444 more than the Infiniti Q50.

The BMW M5 ranks 37th out of 38 comparison vehicles in the midsize luxury car category for most affordable insurance cost. The M5 costs an average of $3,624 per year for full coverage auto insurance, while the class average cost is $2,899 per year, a difference of $725 per year.

The following chart shows how well BMW M5 insurance rates rank against the top-selling midsize luxury cars like the Mercedes-Benz CLA250 and Audi A6. A more complete table is added following the chart that ranks insurance rates for the entire 2023 midsize luxury car class.

Average 2023 BMW M5 car insurance premium compared to other midsize luxury car models.
Figure 2: Average 2023 BMW M5 car insurance premium compared to other midsize luxury car models. Rates updated on June 27, 2025.

Data Methodology: Average rates are for a 2023 model year BMW M5. Rated driver is a 40-year-old married male driver with a clean driving record and no at-fault accidents. Average premium includes all BMW M5 trim levels. Comprehensive and collision deductibles are $500 and rates are averaged for all U.S. states.

BMW M5 Insurance Cost Compared to All Midsize Luxury Cars
Rank Make and Model Annual Premium Difference
1Cadillac CT5$2,450-$1,174
2Lexus ES 350$2,460-$1,164
3Lexus ES 250$2,472-$1,152
4Lexus RC 300$2,482-$1,142
5Mercedes-Benz AMG CLA35$2,488-$1,136
6Audi A3$2,492-$1,132
7Mercedes-Benz AMG CLA45$2,546-$1,078
8Mercedes-Benz CLA250$2,554-$1,070
9Lexus IS 300$2,568-$1,056
10Jaguar XF$2,578-$1,046
11Audi S4$2,628-$996
12BMW i4$2,636-$988
13Mercedes-Benz E350$2,654-$970
14Lexus ES 300h$2,690-$934
15BMW 530i$2,742-$882
16Audi A6$2,798-$826
17Audi S5$2,802-$822
18BMW 540i$2,808-$816
19BMW 430i$2,856-$768
20Lexus IS 500$2,858-$766
21Mercedes-Benz E450$2,886-$738
22Genesis G80$2,892-$732
23Mercedes-Benz CLS450$2,968-$656
24Mercedes-Benz EQE 350$2,988-$636
25Audi RS 5$2,996-$628
26BMW 530e$3,014-$610
27Audi S6$3,044-$580
28Mercedes-Benz AMG C43$3,048-$576
29BMW M440i$3,052-$572
30Mercedes-Benz EQE 500$3,056-$568
31Audi A7$3,176-$448
32Infiniti Q50$3,180-$444
33Lexus LC 500h$3,414-$210
34BMW M550i$3,420-$204
35Tesla Model S$3,498-$126
36Audi S7$3,520-$104
37BMW M5$3,624--
38BMW M8$3,824$200

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 2023 model year. Updated June 27, 2025

More rates and insights

Other observations regarding the cost of insurance for a BMW M5 include:

  • Improve your credit for cheaper auto insurance rates. Having an excellent credit rating above 800 may save up to $569 per year versus a credit score ranging from 670-739. Conversely, a weaker credit score could cost up to $660 more per year.
  • Your profession could reduce your rates. The vast majority of auto insurance providers offer discounts for being employed in professions like architects, lawyers, engineers, doctors, emergency medical technicians, high school and elementary teachers, and others. By getting this discount, you may save between $109 and $233 on your annual car insurance bill, depending on the level of coverage purchased.
  • Gender affects car insurance rates. For a 2023 BMW M5, a 20-year-old man pays an estimated $7,232 per year, while a 20-year-old female pays an average of $5,186, a difference of $2,046 per year in favor of the women by a long shot. But by age 50, rates for male drivers are $3,182 and the female rate is $3,114, a difference of only $68.
  • More mature drivers get better rates than young drivers. The difference in insurance rates for a BMW M5 between a 50-year-old driver ($3,182 per year) and a 20-year-old driver ($7,232 per year) is $4,050, or a savings of 77.8%.
  • M5 insurance is expensive for high-risk drivers. For a 20-year-old driver, having enough accidents and violations to require a high-risk insurance policy could increase the cost by $5,570 or more per year.
  • Policy discounts mean cheaper M5 insurance. Discounts may be available if the insured drivers are accident-free, are loyal customers, insure multiple vehicles on the same policy, belong to certain professional organizations, are good students, or many other discounts which could save the average driver as much as $614 per year.
  • No accidents means better rates. At-fault accidents increase insurance cost, as much as $5,044 per year for a 20-year-old driver and even as much as $786 per year for a 60-year-old driver.