BMW M850i Car Insurance Rates [2023 Updated Data]

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 $2,832 per year, $1,416 for a 6-month policy, or around $236 per month.
  • As one of the more expensive large luxury cars to insure, the BMW M850i costs $108 more per year on average to insure when compared to the rest of the segment.
  • BMW M850i car insurance cost ranges from $2,788 to $2,916 annually on average, depending on trim level.

How much does BMW M850i insurance cost?

The average policyholder can plan on paying $2,832 a year for full coverage to insure a BMW M850i. When separated into individual coverages, comprehensive coverage will cost approximately $764 a year, liability and medical (or PIP) coverage will cost around $568, and the remaining collision coverage will cost an estimated $1,500.

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

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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 May 5, 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$6,434$536
Safe Driver Age 20$5,638$470
At-fault Accidents Age 40$3,952$329
Low Deductibles Age 40$3,834$320
Safe Driver Age 30$3,022$252
Safe Driver Age 40$2,832$236
Safe Driver Age 50$2,570$214
Safe Driver Age 60$2,526$211
Discount Rate Age 40$2,350$196
High Deductibles Age 40$2,318$193

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$2,832$1,416$236
2022 BMW M850i$2,718$1,359$227
2021 BMW M850i$2,570$1,285$214
2020 BMW M850i$2,528$1,264$211
2019 BMW M850i$2,362$1,181$197

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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 May 5, 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$2,788$1,394$232
xDrive Gran Coupe$2,790$1,395$233
xDrive Convertible$2,916$1,458$243

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 May 5, 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 $85 and $178 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 ($2,526 per year) and a 20-year-old driver ($5,638 per year) is $3,112, or a savings of 76.2%.
  • Good credit equals better rates. Having an excellent credit score over 800 may save $445 per year versus a credit score between 670-739. Conversely, a weaker credit score could cost as much as $515 more per year.
  • The cost to insure teen drivers is expensive. Average rates for full coverage M850i insurance costs $9,694 per year for a 16-year-old driver, $9,194 per year for a 17-year-old driver, $8,642 per year for an 18-year-old driver, and $7,912 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 $4,342 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 $734 per year. Being convicted of a serious infraction like DUI and hit-and-run could raise rates by an additional $2,582 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 $852 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 $2,832 per year to insure for full coverage and the class average is $2,724 annually, a difference of $108 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 May 5, 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$1,980-$852
2Volvo S90$2,230-$602
3Lexus LS 500$2,304-$528
4Mercedes-Benz AMG E53$2,318-$514
5Genesis G90$2,330-$502
6BMW i7$2,346-$486
7Mercedes-Benz AMG GT43$2,368-$464
8Lexus LS 500h$2,446-$386
9BMW 840i$2,514-$318
10Mercedes-Benz EQS 450$2,570-$262
11Infiniti Q60$2,584-$248
12Mercedes-Benz S500$2,598-$234
13Audi RS 7$2,654-$178
14Mercedes-Benz EQS 580$2,666-$166
15BMW 740i$2,796-$36
16BMW M850i$2,832--
17Mercedes-Benz AMG EQS$2,852$20
18Audi A8$2,886$54
19Audi S8$2,902$70
20Porsche Panamera$2,946$114
21BMW 760i$2,978$146
22Mercedes-Benz S580$3,046$214
23BMW Alpina B8$3,234$402
24BMW M760i$3,336$504
25Mercedes-Benz Maybach S580$3,436$604
26Mercedes-Benz Maybach S680$3,666$834