BMW M850i Car Insurance Comparisons: Find Out Where It Ranks

• BMW M850i insurance costs an average of $3,780 per year, $1,890 for a 6-month policy, or around $315 per month.
• As one of the more expensive large luxury cars to insure, the BMW M850i costs $32 more per year on average to insure when compared to the rest of the segment.
• BMW M850i car insurance cost ranges from $3,722 to $3,886 annually on average, depending on trim level.

How much does BMW M850i insurance cost?

The average policyholder can plan on paying $3,780 a year for full coverage to insure a BMW M850i. When separated into individual coverages, comprehensive coverage will cost approximately $1,038 a year, liability and medical (or PIP) coverage will cost around $728, and the remaining collision coverage will cost an estimated $2,014.

The price summary chart below shows average auto insurance cost for a 2024 BMW M850i using different driver ages and policy limits.

The next table details average insurance rate data for a BMW M850i for the 2019 to 2024 model years.

The table below shows the average yearly and 6-month policy costs, in addition to a monthly amount for budgeting, for each BMW M850i package and trim level.

Additional rates and discounts

Additional important insights about BMW M850i insurance cost include:

• Your choice of occupation could earn you discounts. Some car insurance providers offer discounts for being employed in professions like architects, firefighters, scientists, police officers and law enforcement, doctors, dentists, and others. Obtaining this discount could potentially save between $113 and $228 on your yearly car insurance bill, depending on your policy.
• Rates tend to decrease as driver age increases. The difference in BMW M850i insurance rates between a 60-year-old driver ($3,104 per year) and a 20-year-old driver ($7,586 per year) is $4,482, or a savings of 83.9%.
• Good credit equals better rates. Having an excellent credit score over 800 may save $593 per year versus a credit score between 670-739. Conversely, a weaker credit score could cost as much as $688 more per year.
• The cost to insure teen drivers is expensive. Average rates for full coverage M850i insurance costs $13,024 per year for a 16-year-old driver, $12,754 per year for a 17-year-old driver, $11,691 per year for an 18-year-old driver, and $10,557 per year for a 19-year-old driver.
• High-risk drivers pay extremely high rates. For a 20-year-old driver, the requirement to buy a high-risk policy could trigger a rate increase of $5,874 or more per year.
• Avoid driving violations to reduce insurance cost. In order to have the cheapest possible M850i insurance rates, it makes good sense to be a safe driver. A couple of traffic citations could result in spiking rates by at least $984 per year. Being convicted of a serious infraction like DUI and hit-and-run could raise rates by an additional $3,462 or more.

How does BMW M850i insurance compare?

When compared side-by-side to some other models in the 2024 large luxury car category, insurance prices for a BMW M850i cost $998 more per year than the Audi A5, $14 less than the BMW 740i, and $886 less than the Porsche Panamera.

The BMW M850i ranks 11^th out of 24 total comparison vehicles in the large luxury car segment for auto insurance affordability. The M850i costs an estimated $3,780 per year to insure for full coverage and the class average is $3,748 annually, a difference of $32 per year.

The chart displayed below shows how insurance cost for a BMW M850i compares to the top 10 most popular large luxury cars like the Infiniti Q60, Audi A8, and the Genesis G90. A table is included after the chart that shows car insurance cost rankings for the entire 24 vehicle full-size luxury sedan segment for the 2024 model year.