Best BMW X5 Auto Insurance in 2025 (Check Out the Top 10 Companies)

The top pick overall for the best BMW X5 auto insurance are State Farm, Progressive, and Liberty Mutual, offering competitive rates around $125/month. These companies excel due to their reliable service, customizable plans, and comprehensive coverage options.

BMW X5 owners benefit from unique discounts, extensive policy features, and top-notch customer support. This guide will help you navigate the best options to ensure you get the most value for your BMW X5 insurance needs.

Our Top 10 Company Picks: Best BMW X5 Auto Insurance

Read through our guide to find out how you can save more money and find cheap auto insurance rates for a BMW X5.

You can start comparing quotes for BMW X5 auto insurance rates from some of the best auto insurance companies by using our free online tool now.

#1 – State Farm: Top Overall Pick

Pros

• Reliable Service: State Farm is known for its reliable customer service, ensuring BMW X5 owners receive consistent and dependable support.
• Bundling Policies: State Farm auto insurance review provides significant discounts for bundling multiple insurance policies, enhancing savings for BMW X5 owners.
• High Low-Mileage Discount: State Farm offers substantial discounts for low-mileage usage, benefiting those who drive their BMW X5 less frequently.

Cons

• Limited Multi-Policy Discount: The multi-policy discount from State Farm is 17%, which is lower compared to some competitors for the BMW X5.
• Premium Costs: Despite discounts, State Farm’s premiums might still be relatively higher for certain coverage levels, potentially affecting BMW X5 owners.

#2 – Progressive: Best for Customizable Plans

Pros

• Customizable Plans: Progressive offers a wide range of customizable plans, allowing BMW X5 owners to tailor their coverage to their specific needs.
• Snapshot Program: Progressive’s Snapshot program rewards safe BMW X5 drivers with lower rates based on their driving habits.
• Variety of Discounts: Progressive auto insurance review provides a wide range of discounts, including multi-car, continuous insurance, and homeowner discounts for BMW X5 owners.

Cons

• Limited Physical Locations: Progressive has fewer local agents, which may be less convenient for BMW X5 owners who prefer in-person service.
• High-Risk Driver Rates: Premiums can be higher for BMW X5 owners with a less-than-perfect driving record.

#3 – Liberty Mutual: Best for Comprehensive Coverage

Pros

• Comprehensive Coverage: Liberty Mutual provides extensive coverage options, including new car replacement and better car replacement for BMW X5 owners.
• Comprehensive Coverage Options: Liberty Mutual auto insurance review provides extensive coverage options, including new car replacement and better car replacement for BMW X5 owners.
• Accident Forgiveness: Liberty Mutual offers accident forgiveness, ensuring BMW X5 owners’ rates won’t increase after their first accident.

Cons

• Higher Premiums for Young Drivers: Young BMW X5 drivers may find Liberty Mutual’s premiums higher compared to other providers.
• Limited Discounts: While comprehensive, the variety of discounts available may be fewer than some competitors.

#4 – Allstate: Best for Strong Reputation

Pros

• Strong Reputation: Allstate is renowned for its strong reputation in the insurance industry, providing reliable coverage for BMW X5 owners.
• Safe Driving Bonus: Allstate rewards BMW X5 owners with a bonus for every six months of safe driving.
• Multiple Policy Discounts: Allstate auto insurance review provides significant discounts for bundling multiple policies, offering greater savings for BMW X5 owners.

Cons

• High Premiums for High-Risk Drivers: BMW X5 owners with a poor driving record might face higher premiums.
• Customer Service Variability: Some BMW X5 owners have reported inconsistent customer service experiences.

#5 – Nationwide: Best for Broad Discounts

Pros

• Broad Discounts: Nationwide offers a variety of discounts, including multi-policy and safe driver discounts, benefiting BMW X5 owners.
• Vanishing Deductible: Nationwide’s vanishing deductible program can reduce the deductible by $100 for every year of safe driving for BMW X5 owners.
• Multi-Policy Discount: Nationwide auto insurance review provides up to a 20% discount for bundling policies, benefiting BMW X5 owners.

Cons

• Limited Availability: Nationwide’s insurance products might not be available in all areas, which can affect BMW X5 owners.
• Higher Rates for High-Mileage Drivers: BMW X5 owners who drive extensively might face higher premiums.

#6 – Farmers: Best for Personalized Service

Pros

• Personalized Service: Farmers is known for its personalized customer service, catering to the specific needs of BMW X5 owners.
• Customized Coverage: Farmers allows BMW X5 owners to tailor their insurance policies to meet specific needs.
• Affinity Discounts: Farmers auto insurance review provides discounts for BMW X5 owners who are members of certain professional groups or alumni associations.

Cons

• Fewer Discount Options: Farmers offers fewer discounts compared to some other insurers, which might affect BMW X5 owners.
• Higher Initial Quotes: Some BMW X5 owners may find Farmers’ initial quotes higher than those of competitors.

#7 – The Hartford: Best for Senior Benefits

Pros

• Senior Benefits: The Hartford auto insurance review provides exclusive benefits and discounts for senior BMW X5 owners, making it a preferred choice for older drivers.
• AARP Member Discounts: The Hartford provides exclusive discounts for BMW X5 owners who are AARP members.
• RecoverCare Assistance: The Hartford offers RecoverCare, covering home services if BMW X5 owners are injured in an accident.

Cons

• Age Restrictions: Discounts and benefits might be primarily tailored to older BMW X5 owners.
• Limited Availability: The Hartford’s policies may not be available in all states, affecting BMW X5 owners’ accessibility.

#8 – American Family: Best for Family-Friendly

Pros

• Family Friendly: American Family offers various discounts and coverage options tailored for families, benefiting BMW X5 owners.
• Teen Safe Driver Program: American Family auto insurance review provides a program to help lower rates for BMW X5 owners with teen drivers.
• Loyalty Discounts: BMW X5 owners can benefit from loyalty discounts for long-term policyholders.

Cons

• Limited Online Tools: American Family’s online tools and resources may be less comprehensive compared to competitors.
• Higher Rates for Single Policies: BMW X5 owners with single policies might face higher premiums.

#9 – Travelers: Best for Flexible Policies

Pros

• Flexible Policies: Travelers offers a wide range of flexible policy options, allowing BMW X5 owners to customize their coverage.
• IntelliDrive Program: Travelers’ IntelliDrive program rewards safe BMW X5 drivers with lower rates based on monitored driving habits.
• Multi-Policy Discounts: Travelers Auto insurance review provides discounts for bundling multiple policies, enhancing savings for BMW X5 owners.

Cons

• Strict Monitoring: Some BMW X5 owners may find the IntelliDrive program’s monitoring invasive.
• Fewer Local Agents: Travelers has fewer local agents, which may be less convenient for in-person service.

#10 – Erie: Best for Competitive Rates

Pros

• Competitive Rates: Erie is known for offering competitive insurance rates, making it an affordable option for BMW X5 owners.
• First Accident Forgiveness: Erie provides accident forgiveness, ensuring BMW X5 owners’ rates won’t increase after their first accident.
• Multi-Policy Discount: Erie offers up to a 25% discount for bundling policies, benefiting BMW X5 owners. Read more about their ratings in our Erie auto insurance review.

Cons

• Limited Availability: Erie’s insurance products are not available nationwide, which can affect BMW X5 owners.
• Higher Rates for High-Risk Drivers: BMW X5 owners with a poor driving record might face higher premiums.

Cost of Insurance for a BMW X5

The cost of insurance for a BMW X5 can vary significantly based on the coverage level and the insurance provider you choose. For minimum coverage, rates range from $120 per month with Erie to $145 per month with Farmers. Full coverage auto insurance is more expensive, with monthly rates starting at $305 with Erie and going up to $350 with Farmers.

BMW X5 Auto Insurance Monthly Rates by Coverage Level & Provider

These rates reflect the average costs associated with insuring a BMW X5, factoring in the vehicle’s luxury status and the associated repair and replacement expenses. Comparing these rates can help BMW X5 owners find the best deal tailored to their needs and budget.

BMW X5 Auto Insurance Monthly Rates by Category

Understanding these variations can guide BMW X5 owners in selecting the insurance provider that offers the best balance of cost and coverage, ensuring their vehicle is adequately protected without overpaying.

Expensiveness of Insuring a BMW X5

The chart below details how BMW X5 insurance rates compare to other SUVs like the Dodge Journey, Ford Expedition, and Honda Passport.

BMW X5 Auto Insurance Monthly Cost vs. Other SUVs by Coverage Type

BMW X5 rates are higher than most of the SUVs in the table. In fact, only the Cadillac Escalade has higher rates. However, there are a few things you can do to find cheap BMW X5 coverage online. Unlock details in our guide titled “What are the recommended auto insurance coverage levels?”

Factors Impacting BMW X5 Insurance Costs

You might have noticed that there is a multitude of factors that impact affordable BMW X5 auto insurance. Your age, location, driving record, and model year all play a role in what you will ultimately pay to insure the BMW X5. Delve into our evaluation of “Factors That Affect Auto Insurance Rates.”

Influence of Vehicle Age on Insurance Costs

The age of a vehicle significantly influences insurance costs, and older BMW X5 models generally cost less to insure. This is primarily because older vehicles typically have a lower market value, which reduces the amount an insurance company would need to pay out in the event of a total loss.  Take a look at this table to see what we mean.

BMW X5 Car Insurance Monthly Rates by Model Year & Coverage Type

Additionally, older cars may not require as much comprehensive and collision auto insurance coverage, further lowering premiums. Depreciation, which lessens the financial risk for insurers, makes older BMW X5 models more affordable to cover.

Effect of Driver’s Age on Insurance Premiums

Driver age can have a significant impact on BMW X5 auto insurance rates. Younger drivers, particularly those under 25, typically face higher premiums due to their lack of driving experience and higher risk of accidents. Insurance companies view this age group as more likely to engage in risky driving behaviors, leading to increased claims. Take a look at this chart for examples.

BMW X5 Auto Insurance Monthly Rates by Age

Impact of Driver’s Location on Insurance Premiums

The location where you live significantly affects your BMW X5 insurance premiums. Insurance companies consider various factors related to your area, such as crime rates, traffic density, and local weather conditions. Look at this table for more.

BMW X5 Auto Insurance Monthly Rates by City

Understanding how your location impacts your BMW X5 insurance rates can help you make informed decisions and potentially explore ways to mitigate these costs, such as choosing safe parking options or relocating to areas with lower insurance risks. Read our article to find the best accident forgiveness auto insurance companies.

Influence of Driver Record on Insurance Rates

Your driving record can have an impact on the cost of BMW auto insurance. Insurance companies assess risk based on your driving history, meaning a clean record with no accidents or violations typically results in lower premiums. This table provides an overview of how your driving record can affect rates on a BMW X5.

BMW X5 Auto Insurance Monthly Rates by Age & Driving History

By avoiding accidents and traffic violations, BMW X4 drivers can enjoy the benefits of lower insurance costs and added discounts, making comprehensive coverage more accessible and budget-friendly.

Effect of Vehicle Safety Ratings on Insurance Costs

The BMW X5’s safety ratings will affect your BMW X5 annual premiums. The BMW X5 earned high rating marks from the Insurance Institute for Highway Safety (IIHS), though the IIHS did not perform all four of its standard tests. See the chart below:

BMW X5 Safety Ratings From the Insurance Institute for Highway Safety

The BMW X5 does not have as extensive safety ratings as domestic vehicles, and requires several sources to get an overall picture of the safety ratings. Vehicle safety ratings greatly impact base car insurance rates, as increased safety means fewer injuries.

A lower number of injuries in overall crashes mean lower claim rates, leading to lower car insurance costs. The BMW X5 earned a “Good” rating, the highest for both front impact testing and side-impact testing.

Interestingly, the National Highway Traffic Safety Administration (NHTSA) conducted rollover testing for the 2012 model, but not front or side crash testing, as is the norm. However in newer models, the NHTSA performed all standard tests.

In the X5 rollover test, each BMX X5, including the V6, V8, the high-performance model, and the diesel option, received four out of five stars, which is a decent rating. According to the NHTSA, the BMW X5 has a 17.4 percent chance of rollover in the event of erratic driving maneuvers such as overcorrection.

Impact of Crash Test Ratings on Insurance Costs

The impact of crash test ratings on insurance costs is significant, particularly for vehicles like the BMW X5. Higher crash test ratings generally indicate that a vehicle offers better protection for occupants in the event of an accident, which can lead to lower insurance premiums. See BMW X5 crash test results in this table.

Influence of Safety Features on Insurance Costs

Speak with your insurer to find out if the safety ratings on your BMW X5 could mean additional auto insurance discounts. BMW X4 owners who invest in vehicles with comprehensive safety packages can benefit from both enhanced protection and reduced insurance expenses. It’s a win-win situation: drivers gain peace of mind knowing they are safer on the road, and insurers reward this reduced risk with lower premiums.

Effect of Insurance Loss Probability on Insurance Costs

The effect of insurance loss probability on insurance costs is significant, particularly for vehicles like the BMW X5. Insurance loss probability refers to the likelihood that an insurer will have to pay out a claim for a specific type of coverage. The IIHS reports on this data, which we’ve summarized in this table.

BMW X5 Car Insurance Loss Ratio by Coverage Type

The lower percentage means lower BMW X5 auto policy costs; higher percentages mean a higher BMW car policy cost. Understanding these variations helps BMW X5 owners make informed decisions to know cheap auto insurance companies and about their coverage needs and manage their insurance expenses effectively.

Five Ways to Save on BMW X5 Coverage Policy

Although it may seem like your BMW auto insurance rates are set, there are a few measures you can take to secure the best BMW X5 rates possible. Take a look at the following five ways to save when you’re looking to buy BMW X5 policies.

• Consider using a tracking device on your BMW X5
• Ask about retiree discounts
• Bundle your BMW X5 auto and home policies
• Start searching for new BMW X5 auto insurance a month before your renewal
• Ask about farm and ranch vehicle discounts

Many drivers wish they could enjoy rates in the $2,000 per year range, as often rates are much higher (even for non-luxury vehicles).

Unfortunately, most people don’t have a good grasp of what goes into calculating car insurance rates or even how to search for coverage. We’ll go over a few basics to help you better understand your rates. You can take a few steps to lower your risk of having a claim in the future.

If your driving record indicates there is little risk that you’ll be filing a future claim (i.e., you have a claim-free record for at least the past three-to-five years), you might qualify for lowe enough rates that you can afford to insure a BMW X5.

The first step is to have a clean driving record. Accidents and speeding tickets prove you are a risk, so they need to be avoided. The best way to do this is to obey the laws and rules of the road.

Your driving record goes back for at least three years, and often minor offenses fall off your record after three years. Serious offenses such as auto insurance for drivers with a DUI stay on a driving record from seven to 10 years (and sometimes even longer, depending on where you live).

While waiting for items to disappear, you can look for a safe driving course. The benefit of taking a safe driving course is that it may result in the removal of some of the points on your driving record, and you may actually qualify for a discount from your insurance provider.

Next, if your credit score isn’t optimal, you’ll need to work toward improving your record, thereby increasing your credit score. If you qualified for financing for a BMW X5, you’re probably in good shape, but if not, you can take steps toward better credit. Keep your credit card debt low, pay your bills on time, and check your credit often to improve your history.

Continuous Progress: a new era for the BMW Group ✨

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— BMW Group (@BMWGroup) July 10, 2024

You can also add anti-theft devices to your vehicle that will help you to get discounts. Options range from expensive tracking devices and alarms to often-free VIN etching, but they can get you discounts from 5 to 20 percent depending on your insurer.

However, the best way to save on car insurance costs for BMWs (and all vehicles) is to shop around. Car insurance companies use various factors (some of which we’ve already discussed) to calculate your rates, and how companies approach this calculation varies, so shopping around can help you find the best rates based on your unique situation and needs.

Get as many quotes for coverage as possible, and you are almost guaranteed to find lower rates for the same coverage amount you currently pay for.

History of the BMW X5

BMW is a German automaker with a long history and a reputation for well-crafted vehicles and motorcycles. The BMW X5 is a crossover SUV that is a marriage of the styling of the five series vehicles with the capabilities of an SUV. Finding the right insurance for your BMW X5 is surely one of your top priorities.

The BMW X5 is a midsize crossover SUV, but the manufacturers refer to it as a Sport Activity Vehicle (SAV) to distinguish it from the pack of SUVs traveling the roadways. It was the first SUV offered by BMW, and it has undergone two redesigns and many updates to become the sporty yet luxurious crossover it is today.

The BMW X5 is offered with a few different packages and engine specs:

• BMW X5 sDrive 40i (inline-6 cylinder, 48-volt mild-hybrid)
• BMw X5 Xdrive409 (inline-6 cylinder,48-volt mild-hybrid)
• BMW X5 xDrive 45e plug-in hybrid (30 minutes of electric-only driving available)
• BMW M50i (twin-turbo V8)
• BMW X5 M (4.4L twin-power, turbocharged V8)

The prices for these models start at the following:

• BMW X5 sDrive 40i – $59,400
• BMW X5 Xdrive409 – $59,400
• BMW X5 xDrive 45e plug-in hybrid – $65,400
• BMW M50i – $82,800
• BMW X5 M – $105,100

The engines range from from 335 horsepower for a base model to 600 horsepower for the X5 M model. The BMW X5’s technology optimizes gear selection for peak performance and fuel efficiency, part of BMW’s efficient dynamics. The interior features fine wood paneling, leather seating, and advanced safety, communication, and entertainment technology, reflecting its luxury status. Read thoroughly our guide on how credit scores affect auto insurance rates.

Available Coverage Options for BMW X5

The BMW X5 is an expensive piece of German engineering, and few drivers would choose to have anything but full coverage on such a vehicle.

As a larger vehicle, the BMW X5 has the ability to do serious damage to other vehicles. As a part of total insurance coverage on the vehicle, BMW X5 owners should follow experts’ advice and purchase liability limits of $100,000 per individual and $300,000 for an entire accident.

The average driver may find it difficult to afford such an expensive luxury vehicle, making a BMW X5 a vehicle typically for those with money. In such a case, an umbrella liability policy is a good idea.

Certainly, full coverage options such as collision and comprehensive are also a must, just to protect the vehicle’s value. Even if it is paid off, buying full coverage will likely be less expensive than repairing or replacing the BMW X5 out-of-pocket. Learn more about collision vs. comprehensive auto insurance.

Additional options such as personal injury protection and roadside assistance are at the discretion of the car owner. Such options should be purchased if there isn’t similar coverage elsewhere, such as towing with an auto club.

Case Studies: Best BMW X5 Auto Insurance

Understanding how the best BMW X5 auto insurance providers perform in real-world scenarios can help you make an informed decision. Below are three case studies highlighting the experiences of BMW X5 owners with State Farm, Progressive, and Liberty Mutual.

• Case Study #1 – Reliable Service With State Farm: John, a BMW X5 owner in Texas, chose State Farm for its reliable service and competitive rates. He appreciated the bundling discounts and consistent customer support. After an accident, State Farm’s accident forgiveness kept his premiums stable, showcasing their value.
• Case Study #2 – Customizable Plans With Progressive: Emily, a BMW X5 driver in California, selected Progressive for its customizable plans and Snapshot program. The Snapshot program rewarded her safe driving with lower rates. The flexible coverage options met her needs, providing comprehensive protection at a reasonable cost.
• Case Study #3 – Comprehensive Coverage With Liberty Mutual: Mike, from New York, chose Liberty Mutual for its comprehensive coverage and new car replacement policy. After his BMW X5 was totaled, Liberty Mutual’s better car replacement feature provided a new car. The process was smooth, and customer service was top-notch.

These case studies illustrate how State Farm, Progressive, and Liberty Mutual excel in providing the best BMW X5 auto insurance through reliable service, customizable plans, and comprehensive coverage.

Each provider offers unique benefits tailored to meet the needs of BMW X5 owners, ensuring peace of mind and financial protection. Enter your ZIP code to get free quotes from auto insurance companies that offer grants.