BMW i5 Insurance Cost

Full coverage for a BMW i5 costs about $2,085 a year ($174/month) by our estimate — ▲ +31% versus the average vehicle, ranking 256th cheapest of 310 current models.

BMW i5 exterior (photo from Wikimedia Commons)
Photo: Calreyn88, CC BY-SA 4.0
These are estimates, not quotes. Figures are modeled from public data (NAIC, Census, FEMA, IIHS/HLDI) for comparison only. Your actual premium depends on your insurer, driving history, vehicle and coverage choices. We are not an insurance company or agency. How we estimate

BMW i5 insurance cost at a glance

Full coverage
$2,085
$174/mo · $1,710–$2,460
Minimum liability
$600
$50/mo
Segment
Luxury car
Electric
HLDI collision losses
191
Much worse than average (100 = avg)

These figures assume a driver in their 30s with a clean record, 7,500–12,000 miles a year, $500 deductibles and national-average base rates, for the 2027 model year. Our vehicle data covers the 2024–2027 model years of the BMW i5.

Estimated BMW i5 premium by coverage level (national average rates)
Coverage levelWhat it includesPer yearPer monthTypical range
State minimum liability Only the liability (and PIP/UM where required) limits your state mandates. No coverage for your own car. $600 $50 $495–$710
Standard liability (100/300/100) Higher liability limits plus uninsured motorist coverage. Still no coverage for damage to your own car. $870 $73 $715–$1,030
Full coverage Standard liability plus collision and comprehensive, typically required on a financed or leased car. $2,085 $174 $1,710–$2,460

What drives the cost of insuring a BMW i5

The strongest predictor of what insurers charge for a specific model is its claims history. HLDI publishes relative insurance losses for recent models (2022-2024), where 100 is the average of all passenger vehicles. The BMW i5's results put our vehicle factor at 0.98× for liability, 1.86× for collision and 1.47× for comprehensive.

HLDI relative insurance losses — BMW i5 electric 4dr 4WD (Large Luxury cars)
CoverageIndexRatingWhat it measures
Collision191Much worse than averageDamage to this car in crashes; driven by repair costs and crash frequency
Comprehensive150Much worse than averageTheft, vandalism, glass, weather and animal damage
HLDI results by body style / drivetrain (2)
VariantCollisionComprehensiveProp. damageBodily injury
BMW i5 electric 4dr 4WD191150——
BMW i5 electric 4dr212———
  • Repair and parts costs: Luxury car from a luxury brand — premium parts, sensors and labor rates raise collision claims.
  • Electric drivetrain: battery packs, high-voltage systems and specialized repair shops make EV collision claims more expensive on average; comprehensive can be lower if theft is rare.
  • Recalls & complaints: 5 NHTSA recall campaigns and 8 owner complaints across its latest three model years. Recalls don't change premiums directly, but open recalls should be fixed.

BMW i5 trims and configurations (2027)

Higher trims with bigger engines, all-wheel drive or more technology usually cost more to repair or replace, which raises collision and comprehensive premiums.

ConfigurationDriveEngineMPGe (comb.)Range
i5 M60 xDrive Sedan (19 inch Wheels)AWDElectric99277 mi
i5 M60 xDrive Sedan (20 inch Wheels)AWDElectric94266 mi
i5 M60 xDrive Sedan (21 inch Wheels)AWDElectric91259 mi
i5 eDrive40 Sedan (19 inch Wheels)RWDElectric116328 mi
i5 eDrive40 Sedan (20 inch Wheels)RWDElectric106299 mi
i5 eDrive40 Sedan (21 inch Wheels)RWDElectric100280 mi
i5 xDrive40 Sedan (19 inch Wheels)AWDElectric100283 mi
i5 xDrive40 Sedan (20 inch Wheels)AWDElectric96273 mi
i5 xDrive40 Sedan (21 inch Wheels)AWDElectric92262 mi

BMW i5 insurance cost by model year

Older model years cost less to insure for full coverage because the car is worth less, so collision and comprehensive payouts are smaller. Liability costs stay about the same.

Model yearEnginesDriveMPGeEst. full / yr
2027ElectricAWD, RWD—$2,085
2026ElectricAWD, RWD—$2,030
2025ElectricAWD, RWD—$1,975
2024Electric4WD, RWD—$1,920

BMW i5 insurance cost by state

The same car can cost very different amounts to insure depending on where it is garaged. Select a state for its rules and city-level costs.

StateFull coverageMinimumvs. national
Alabama$1,875$470−10%
Alaska$1,855$610−11%
Arizona$2,155$650+3%
Arkansas$1,935$440−7%
California$2,130$560+2%
Colorado$2,375$640+14%
Connecticut$2,160$695+4%
Delaware$2,195$785+5%
District of Columbia$2,675$725+28%
Florida$2,745$1,055+32%
Georgia$2,450$855+18%
Hawaii$1,495$425−28%
Idaho$1,430$395−31%
Illinois$1,850$490−11%
Indiana$1,515$395−27%
Iowa$1,495$305−28%
Kansas$1,735$395−17%
Kentucky$1,735$515−17%
Louisiana$2,840$775+36%
Maine$1,370$415−34%
Maryland$2,305$740+11%
Massachusetts$2,075$5800%
Michigan$2,315$750+11%
Minnesota$1,785$460−14%
Mississippi$2,040$520−2%
Missouri$1,925$500−8%
Montana$1,740$385−17%
Nebraska$1,740$395−17%
Nevada$2,220$850+6%
New Hampshire$1,530$395−27%
New Jersey$2,385$915+14%
New Mexico$1,895$510−9%
New York$2,680$910+29%
North Carolina$1,655$440−21%
North Dakota$1,445$270−31%
Ohio$1,530$395−27%
Oklahoma$1,950$460−6%
Oregon$1,785$615−14%
Pennsylvania$1,890$415−9%
Rhode Island$2,440$805+17%
South Carolina$2,130$720+2%
South Dakota$1,715$310−18%
Tennessee$1,800$445−14%
Texas$2,515$680+21%
Utah$1,820$640−13%
Vermont$1,450$310−30%
Virginia$1,800$615−14%
Washington$1,760$580−16%
West Virginia$1,810$425−13%
Wisconsin$1,465$365−30%
Wyoming$1,755$320−16%

BMW i5 insurance by driver profile

Estimated annual BMW i5 premium by driver (national average rates)
DriverMinimumStandardFull coverageFull / month
Teen driver (18, own policy) $1,655 $2,400 $5,735 $478
Young adult (22) $965 $1,395 $3,335 $278
Adult in their 30s $600 $870 $2,085 $174
Adult in their 50s $555 $805 $1,920 $160
Senior (72) $675 $975 $2,335 $195
30s, one at-fault accident $870 $1,265 $3,025 $252
30s, DUI on record $1,115 $1,615 $3,855 $321

BMW i5 vs. rivals

ModelFull coverage / yrHLDI collisionHLDI comprehensiveComparison
BMW i5$2,085191150—
Lexus IS$1,835158150—
Lexus ES$1,590121108—
BMW 7 Series$3,710405363—

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Frequently asked questions

How much is insurance for a BMW i5?

We estimate about $2,085 a year ($174 a month) for full coverage and $600 for state-minimum liability, for a driver in their 30s with a clean record at national-average rates. That is 31% more than the average vehicle.

Is the BMW i5 expensive to insure?

HLDI insurance-loss data rates it at 191 for collision and 150 for comprehensive losses (100 = average of all vehicles), meaning collision losses are much worse than average.

Which state is cheapest to insure a BMW i5?

Maine has the lowest estimate (about $1,370 a year for full coverage) and Louisiana the highest (about $2,840).

Is the BMW i5 cheaper to insure than the Lexus IS?

By our estimate the BMW i5 costs about $2,085 a year versus $1,880 for the Lexus IS, making the Lexus IS cheaper to insure.

How much is BMW i5 insurance for a teen driver?

An 18-year-old on their own full-coverage policy would pay about $5,735 a year at national-average rates by our estimate.

How we estimate this

We start from the state's average liability, collision and comprehensive premiums published by the NAIC, then apply a location factor (population density and commute time from the Census ACS, weather hazard scores from FEMA's National Risk Index), a vehicle factor (HLDI insurance-loss data where available, otherwise vehicle segment), and a driver-profile multiplier. Results are rounded ranges for comparison, not quotes. Read the full methodology.