BMW X5 Insurance: by Model Year & Company

BMW X5 insurance costs an average of $1,268 for a 6-month full coverage policy. Progressive offers the cheapest rate for the latest BMW X5 at $195/mo or $1,169 for a 6-month full coverage policy.

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X5 Car Insurance

What to know about insuring a BMW X5:

  1. The X5 costs more to insure than most SUVs. Averaging $211/mo for the X5 versus $184/mo for typical SUVs.
  2. If you're considering a vehicle similar to the X5, like the BMW X5 M ($311/mo), BMW 1 Series ($138/mo), or BMW 6 Series ($248/mo), your insurance costs will be about the same.
  3. Progressive ($157/mo), American Family ($164/mo), USAA ($165/mo) offer the cheapest full coverage rates.

The rates displayed are based on a full coverage 30-year-old male driver with no violations in 2025. Customizations to your vehicle (trim or modifications) and your driving history will impact your insurance costs. Consider these rates as a jumping off point for your search.

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2025 BMW X5 Vehicle Image
2025 BMW X5
Av. Cost Per Year$3,518
Av. Per Month$293

Cheapest Companies

USAA$117/m
Progressive$123/m
American Family$126/m

How much does it cost to insure my BMW X5?

Select your model year:

2025 BMW X5

Cheapest Insurance Companies Average Annual Cost
Progressive

$2,338

American Family

$2,452

USAA

$2,489

Nationwide

$2,695

State Farm

$3,176

Erie

$3,352

GEICO

$3,781

Farmers

$4,780

Allstate

$5,881

Compare all 2025 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$3,518

2024 BMW X5

Cheapest Insurance Companies Average Annual Cost
Progressive

$2,303

American Family

$2,364

Nationwide

$2,762

USAA

$2,775

State Farm

$3,055

Erie

$3,206

GEICO

$3,632

Farmers

$4,531

Allstate

$5,707

Compare all 2024 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$3,468

2023 BMW X5

Cheapest Insurance Companies Average Annual Cost
Progressive

$2,252

American Family

$2,384

USAA

$2,486

Nationwide

$2,695

State Farm

$2,794

Erie

$2,943

GEICO

$3,293

Farmers

$3,941

Allstate

$5,157

Compare all 2023 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$3,181

2022 BMW X5

Cheapest Insurance Companies Average Annual Cost
Progressive

$2,192

American Family

$2,231

USAA

$2,366

Nationwide

$2,384

State Farm

$2,584

Erie

$2,792

GEICO

$3,192

Farmers

$3,646

Allstate

$4,952

Compare all 2022 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$3,018

2021 BMW X5

Cheapest Insurance Companies Average Annual Cost
American Family

$1,956

Progressive

$2,104

USAA

$2,240

Nationwide

$2,498

State Farm

$2,644

Erie

$2,654

GEICO

$2,972

Farmers

$3,474

Allstate

$3,787

Compare all 2021 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,769

2020 BMW X5

Cheapest Insurance Companies Average Annual Cost
American Family

$1,970

Progressive

$2,008

USAA

$2,126

Nationwide

$2,465

State Farm

$2,531

Erie

$2,573

GEICO

$2,870

Farmers

$3,299

Allstate

$3,719

Compare all 2020 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,678

2019 BMW X5

Cheapest Insurance Companies Average Annual Cost
Progressive

$1,925

American Family

$2,117

USAA

$2,185

Nationwide

$2,393

Erie

$2,515

State Farm

$2,533

GEICO

$2,895

Farmers

$3,593

Allstate

$4,004

Compare all 2019 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,733

2018 BMW X5

Cheapest Insurance Companies Average Annual Cost
Progressive

$1,822

USAA

$1,885

American Family

$1,973

Nationwide

$2,128

State Farm

$2,301

Erie

$2,619

GEICO

$2,641

Farmers

$2,930

Allstate

$3,215

Compare all 2018 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,404

2017 BMW X5

Cheapest Insurance Companies Average Annual Cost
USAA

$1,798

Progressive

$1,855

American Family

$1,872

Nationwide

$2,211

State Farm

$2,268

GEICO

$2,598

Erie

$2,609

Farmers

$2,836

Allstate

$3,042

Compare all 2017 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,361

2016 BMW X5

Cheapest Insurance Companies Average Annual Cost
USAA

$1,707

Progressive

$1,771

American Family

$1,841

State Farm

$2,048

Nationwide

$2,308

GEICO

$2,424

Erie

$2,714

Farmers

$2,736

Allstate

$2,988

Compare all 2016 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,274

2015 BMW X5

Cheapest Insurance Companies Average Annual Cost
USAA

$1,614

Progressive

$1,643

American Family

$1,780

State Farm

$1,953

Nationwide

$2,149

Erie

$2,162

GEICO

$2,338

Farmers

$2,631

Allstate

$2,839

Compare all 2015 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,148

2014 BMW X5

Cheapest Insurance Companies Average Annual Cost
Progressive

$1,473

USAA

$1,536

American Family

$1,730

State Farm

$1,888

Erie

$2,095

Nationwide

$2,099

GEICO

$2,221

Farmers

$2,523

Allstate

$2,957

Compare all 2014 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,081

2013 BMW X5

Cheapest Insurance Companies Average Annual Cost
USAA

$1,546

Progressive

$1,590

American Family

$1,761

State Farm

$2,011

Erie

$2,014

GEICO

$2,097

Nationwide

$2,270

Farmers

$2,487

Allstate

$2,843

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Average Cost to Insure Per Year
$2,084

2012 BMW X5

Cheapest Insurance Companies Average Annual Cost
Progressive

$1,529

USAA

$1,536

American Family

$1,670

Erie

$1,996

State Farm

$2,018

GEICO

$2,022

Nationwide

$2,189

Farmers

$2,398

Allstate

$2,885

Compare all 2012 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$2,045

2011 BMW X5

Cheapest Insurance Companies Average Annual Cost
USAA

$1,401

Progressive

$1,481

American Family

$1,508

Erie

$1,608

State Farm

$1,878

GEICO

$1,900

Nationwide

$2,261

Farmers

$2,338

Allstate

$2,739

Compare all 2011 BMW X5 insurance rates.
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Average Cost to Insure Per Year
$1,946