Car Insurance Main Points Regarding Your BMW 550
- The average monthly payment to insure the BMW 550 is $98 a month for standard coverage and $26 a month for minimum coverage.
- The lowest monthly payment is offered by: GEICO
- The BMW 550 that has the lowest price to insure is the: 2006 BMW 550 with an average standard coverage insurance price of $70 a month.
- The BMW 550 that is most expensive to insure is the: 2017 BMW 550 with an average standard coverage insurance price of $139 a month.
How Much Does Car Insurance Cost For Your BMW 550?
What year is your BMW 550?
2017 BMW 550
Average Annual Cost (Standard)
$1,662
Average Annual Cost (Minimum)
$307
Trims Available
Xigt
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $203 | $1,115 |
| 2 | GEICO | $257 | $1,935 |
| 3 | State Farm | $275 | $1,269 |
| 4 | Progressive | $332 | $1,549 |
| 5 | Allstate | $470 | $2,443 |
2016 BMW 550
Average Annual Cost (Standard)
$1,537
Average Annual Cost (Minimum)
$312
Trims Available
I, XI, Xigt
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $234 | $1,117 |
| 2 | GEICO | $244 | $1,507 |
| 3 | State Farm | $275 | $1,348 |
| 4 | Progressive | $332 | $1,463 |
| 5 | Allstate | $475 | $2,251 |
2015 BMW 550
Average Annual Cost (Standard)
$1,434
Average Annual Cost (Minimum)
$314
Trims Available
I, IGT, XI, Xigt
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $234 | $1,071 |
| 2 | GEICO | $244 | $1,441 |
| 3 | State Farm | $275 | $1,163 |
| 4 | Progressive | $344 | $1,370 |
| 5 | Allstate | $475 | $2,126 |
2014 BMW 550
Average Annual Cost (Standard)
$1,341
Average Annual Cost (Minimum)
$314
Trims Available
I, IGT, XI, Xigt
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $234 | $1,015 |
| 2 | GEICO | $244 | $1,378 |
| 3 | State Farm | $275 | $1,045 |
| 4 | Progressive | $341 | $1,254 |
| 5 | Allstate | $477 | $2,014 |
2013 BMW 550
Average Annual Cost (Standard)
$1,274
Average Annual Cost (Minimum)
$313
Trims Available
I, IGT, XI, Xigt
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $234 | $969 |
| 2 | GEICO | $244 | $1,319 |
| 3 | State Farm | $259 | $1,008 |
| 4 | Progressive | $349 | $1,169 |
| 5 | Allstate | $477 | $1,907 |
2012 BMW 550
Average Annual Cost (Standard)
$1,236
Average Annual Cost (Minimum)
$334
Trims Available
I, IGT, XI, Xigt
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | GEICO | $257 | $1,191 |
| 2 | State Farm | $267 | $911 |
| 3 | Erie | $270 | $1,004 |
| 4 | Progressive | $401 | $1,266 |
| 5 | Allstate | $477 | $1,808 |
2011 BMW 550
Average Annual Cost (Standard)
$1,117
Average Annual Cost (Minimum)
$333
Trims Available
GT, I, XI, Xigt
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $270 | $914 |
| 2 | State Farm | $275 | $865 |
| 3 | GEICO | $279 | $1,168 |
| 4 | Progressive | $367 | $1,106 |
| 5 | Allstate | $473 | $1,531 |
2010 BMW 550
Average Annual Cost (Standard)
$1,039
Average Annual Cost (Minimum)
$318
Trims Available
GT, I, Xigt
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | Erie | $249 | $866 |
| 2 | State Farm | $257 | $797 |
| 3 | GEICO | $270 | $707 |
| 4 | Progressive | $346 | $1,118 |
| 5 | Allstate | $470 | $1,708 |
2009 BMW 550
Average Annual Cost (Standard)
$941
Average Annual Cost (Minimum)
$316
Trims Available
I
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | State Farm | $239 | $729 |
| 2 | Erie | $249 | $841 |
| 3 | GEICO | $270 | $659 |
| 4 | Progressive | $350 | $949 |
| 5 | Allstate | $470 | $1,528 |
2008 BMW 550
Average Annual Cost (Standard)
$889
Average Annual Cost (Minimum)
$312
Trims Available
I
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | State Farm | $231 | $650 |
| 2 | Erie | $249 | $779 |
| 3 | GEICO | $270 | $612 |
| 4 | Progressive | $340 | $877 |
| 5 | Allstate | $470 | $1,528 |
2007 BMW 550
Average Annual Cost (Standard)
$859
Average Annual Cost (Minimum)
$307
Trims Available
I
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | State Farm | $224 | $618 |
| 2 | Erie | $249 | $730 |
| 3 | GEICO | $270 | $570 |
| 4 | Progressive | $326 | $853 |
| 5 | Allstate | $468 | $1,526 |
2006 BMW 550
Average Annual Cost (Standard)
$846
Average Annual Cost (Minimum)
$306
Trims Available
I
| Rank | Company | Avg. Annual Rate (Minimum) |
Avg. Annual Rate (Standard) |
|---|---|---|---|
| 1 | State Farm | $214 | $622 |
| 2 | Erie | $249 | $708 |
| 3 | GEICO | $270 | $547 |
| 4 | Progressive | $331 | $829 |
| 5 | Allstate | $465 | $1,523 |
Methodology
The insurance rates presented on this page are based on extensive research done by Quadrant Information Services and that refer to rates offered by major carriers to a 40 year old male driver from Ohio, with good credit and a clean driving record with these standard coverage limits:
- $50,000 bodily injury liability per person
- $100,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $50,000 uninsured motorist bodily injury per person
- $100,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
The minimum coverage rates presented on this page are based on the same driver as above seeking these minimum coverage limits:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
These are sample rates and should be used for comparative purposes only. Depending on your personal information, your quotes may be different.