Illustrated Guide to Finding Cheap BMW M850i Car Insurance

How much does BMW M850i insurance cost? We break down rates for the M850i xDrive Coupe and Gran Coupe models to find out how insurance prices compare to all other large luxury cars.

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  • BMW M850i insurance costs an average of $2,908 per year, $1,454 for a 6-month policy, or around $242 per month.
  • As one of the more expensive large luxury cars to insure, the BMW M850i costs $111 more per year on average to insure when compared to the rest of the segment.
  • BMW M850i car insurance cost ranges from $2,864 to $2,992 annually on average, depending on trim level.

How much does BMW M850i insurance cost?

The average policyholder can plan on paying $2,908 a year for full coverage to insure a BMW M850i. When separated into individual coverages, comprehensive coverage will cost approximately $784 a year, liability and medical (or PIP) coverage will cost around $584, and the remaining collision coverage will cost an estimated $1,540.

The price summary chart below shows average auto insurance cost for a 2023 BMW M850i using different driver ages and policy limits.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year BMW M850i 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. Physical damage 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 M850i trim levels.Data last updated on August 12, 2023
BMW M850i Car Insurance Cost Summary
2023 BMW M850i Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$6,606$551
Safe Driver Age 20$5,788$482
At-fault Accidents Age 40$4,062$339
Low Deductibles Age 40$3,936$328
Safe Driver Age 30$3,100$258
Safe Driver Age 40$2,908$242
Safe Driver Age 50$2,640$220
Safe Driver Age 60$2,592$216
Discount Rate Age 40$2,412$201
High Deductibles Age 40$2,380$198

The next table details average insurance rate data for a BMW M850i for the 2019 to 2023 model years.

BMW M850i Insurance Cost for 2019-2023 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2023 BMW M850i$2,908$1,454$242
2022 BMW M850i$2,792$1,396$233
2021 BMW M850i$2,638$1,319$220
2020 BMW M850i$2,596$1,298$216
2019 BMW M850i$2,428$1,214$202

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 11, 2023
BMW M850i Insurance Cost by Model Year

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.

2023 BMW M850i Insurance Cost by Trim Level
BMW M850i Trim Level Annual Policy Six-Month Policy Per Month
xDrive Coupe$2,864$1,432$239
xDrive Gran Coupe$2,866$1,433$239
xDrive Convertible$2,992$1,496$249

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 BMW M850i, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 11, 2023
BMW M850i Insurance Cost by 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 $87 and $183 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 ($2,592 per year) and a 20-year-old driver ($5,788 per year) is $3,196, or a savings of 76.3%.
  • Good credit equals better rates. Having an excellent credit score over 800 may save $457 per year versus a credit score between 670-739. Conversely, a weaker credit score could cost as much as $529 more per year.
  • The cost to insure teen drivers is expensive. Average rates for full coverage M850i insurance costs $9,950 per year for a 16-year-old driver, $9,436 per year for a 17-year-old driver, $8,870 per year for an 18-year-old driver, and $8,122 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 $4,454 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 $754 per year. Being convicted of a serious infraction like DUI and hit-and-run could raise rates by an additional $2,646 or more.

How does BMW M850i insurance compare?

When compared side-by-side to some other models in the 2023 large luxury car category, insurance prices for a BMW M850i cost $878 more per year than the Audi A5, $36 more than the BMW 740i, and $114 less than the Porsche Panamera.

The BMW M850i ranks 16th out of 26 total comparison vehicles in the large luxury car segment for auto insurance affordability. The M850i costs an estimated $2,908 per year to insure for full coverage and the class average is $2,797 annually, a difference of $111 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 26 vehicle full-size luxury sedan segment for the 2023 model year.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year BMW M850i, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all BMW M850i trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 11, 2023
BMW M850i vs Top 10 Large Luxury Cars Insurance Cost Comparison
BMW M850i Insurance Cost Compared to All Large Luxury Cars
Rank Make/Model Insurance Cost Difference
1Audi A5$2,030-$878
2Volvo S90$2,290-$618
3Lexus LS 500$2,366-$542
4Mercedes-Benz AMG E53$2,378-$530
5Genesis G90$2,394-$514
6BMW i7$2,410-$498
7Mercedes-Benz AMG GT43$2,432-$476
8Lexus LS 500h$2,512-$396
9BMW 840i$2,582-$326
10Mercedes-Benz EQS 450$2,640-$268
11Infiniti Q60$2,654-$254
12Mercedes-Benz S500$2,666-$242
13Audi RS 7$2,726-$182
14Mercedes-Benz EQS 580$2,736-$172
15BMW 740i$2,872-$36
16BMW M850i$2,908--
17Mercedes-Benz AMG EQS$2,928$20
18Audi A8$2,964$56
19Audi S8$2,982$74
20Porsche Panamera$3,022$114
21BMW 760i$3,056$148
22Mercedes-Benz S580$3,126$218
23BMW Alpina B8$3,320$412
24BMW M760i$3,426$518
25Mercedes-Benz Maybach S580$3,530$622
26Mercedes-Benz Maybach S680$3,764$856