BMW 7 Series Insurance Rates
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How much does it cost to insure a BMW 7 Series?
On average, an owner of a 2007 BMW 7 Series spends $2,899* on car insurance for this vehicle. This is about 17% less than the national average ($3,531).
Is insurance high on a BMW?
How high insurance is on a BMW depends on what type of coverage you buy and in which state you live. Different states have different requirements when it comes to liability coverage, for example, and some require full coverage while others offer the choice between minimum liability and no-fault (in New Jersey, for one).
How much is insurance on a BMW 750i?
Insurance is around $4000 for six months.
Why do BMW 7 Series depreciate so much?
If you're an owner of a BMW 7-series, then take this into consideration. Your expensive ride will depreciate like no other car in its league. From brand new, it could lose over 60 percent of its worth. But why exactly is the depreciation so apparent? And what can be done to stop it?
BMW 7 Series Trims Available
- 740i 4dr Sedan (3.0L 6cyl Turbo 8A)
- 740Ld xDrive 4dr Sedan AWD (3.0L 6cyl Turbodiesel 8A)
- 740Li 4dr Sedan (3.0L 6cyl Turbo 8A)
- 740Li xDrive 4dr Sedan AWD (3.0L 6cyl Turbo 8A)
- 750i 4dr Sedan (4.4L 8cyl Turbo 8A)
- 750i xDrive 4dr Sedan AWD (4.4L 8cyl Turbo 8A)
- 750Li 4dr Sedan (4.4L 8cyl Turbo 8A)
- 750Li xDrive 4dr Sedan AWD (4.4L 8cyl Turbo 8A)
- 760Li 4dr Sedan (6.0L 12cyl Turbo 8A)
- Sedan 740i
- Sedan 740Li
- Sedan 740Li xDrive
- Sedan 750i
- Sedan 750i xDrive
- Sedan 750Li
- Sedan 750Li xDrive
- Sedan 760Li
Other BMW models
Other styles
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $64 |
| Multi-vehicle | $61 |
| Homeowner | $17 |
| 5-yr Accident Free | $81 |
| 5-yr Claim Free | $86 |
| Paid in Full/EFT | $47 |
| Advance Quote | $66 |
| Online Quote | $94 |
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Discounts are estimated and may not be available from every company or in every state.
