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Last updated: January 9, 2026The Best Auto Insurance for BMWs of 2026
State Farm, Allstate, USAA, Acceptance, and Liberty Mutual are our top picks for BMWs.
Best Value
Editor's Rating:
4.9/5
4.9/5Full Coverage Averages for BMW
- Annual Premium: $2,190
- Monthly Premium: $183
Best for Bundling
Editor's Rating:4.4/5
4.4/5Full Coverage Averages for BMW
- Annual Premium: $4,148
- Monthly Premium: $346
Best for Military
Editor's Rating:5/5
5/5Full Coverage Averages for BMW
- Annual Premium: $2,400
- Monthly Premium: $200
In the market to insure your Beamer? Auto insurance for BMWs, like most luxury vehicles, will cost significantly more than your average car. The cost of parts, the higher risk of theft, and the likelihood of accidents are why insurance providers consider luxury cars high-risk vehicles.
While you can get an idea of which providers will be the most affordable based on national averages, getting a quote is our preferred way to get accurate pricing for your BMW car insurance. Below, we’ll break down our top providers for BMWs based on average rates, discounts, availability, and luxury coverage features.
Summary of the Best Auto Insurance for BMW
- Best Value: State Farm
- Best for Bundling: Allstate
- Best for Military: USAA
- Best for High-Risk Drivers: Acceptance Insurance
- Best Replacement Coverage: Liberty Mutual
Comparison of the Best Auto Insurance for BMWs
| Insurance company | Who it’s best for | Average annual rates for BMW | J.D. Power Claims Satisfaction Rating (out of 1,000)1 | Umbrella insurance | Classic car insurance | Gap insurance |
|---|---|---|---|---|---|---|
| State Farm | Drivers looking for affordable coverage | $2,190 | 716 | Yes | Yes | If you financed through State Farm |
| Allstate | Homeowners who plan to bundle | $4,148 | 693 | Yes | Yes | Yes |
| USAA | Military members, veterans, and their families | $2,400 | 741 | Yes | Yes | If you financed through USAA |
| Acceptance | Drivers with DUIs or other high-risk backgrounds | N/A | N/A | Yes, for commercial vehicles | No | Yes |
| Liberty Mutual | Drivers looking for add-ons like new car replacement and guaranteed repair coverage | N/A | 730 | Yes | Yes | Yes |
Details of the Best Auto Insurance for BMWs
1. State Farm - Best Value
4.9
Editor's Rating:
- Average Rate forMinimum Coverage$54 mo.
- Average Rate forFull Coverage$169 mo.
- Affordable rates and discounts
- Widely available with strong customer service
- Classic car insurance coverage
Must complete quotes by phone- No accident forgiveness
State Farm is one of the oldest providers, and the top provider in the country. It’s also one of the most affordable options for several locations, demographics, and driver history profiles. With a low average annual rate, a long list of discounts, robust bundling options, and added coverage features, State Farm is our top pick to insure your BMW.
Who It's Best For- Drivers with clean records
- Customers who value working with a local agent
- People who want to manage their policies from their phones
- Parents of young drivers
Who It's Not Best For- Massachusetts or Rhode Island residents
- Military members
Affordable Rates
The average insurance cost for BMWs across all series is a little over $2,000, higher than the typical non-luxury vehicle. The average cost to insure a BMW with State Farm is a little under this average, and the least expensive on our list.
NOTE:
The BMW 8 Series consists of the most expensive standard BMW models, which means it will most likely have expensive insurance rates.2
Robust Coverage Options
With State Farm’s extra coverage options, you can sleep easily knowing you’ll be covered in the event of an accident. In addition to liability coverage and full coverage options, you can add the following options to your coverage:
- Towing and/or labor costs
- Glass replacement
- Payoff Protector (if you financed with State Farm) — similar to gap insurance
- Personal umbrella
- Rental car
- Rideshare insurance
- Transportation coverage
Classic Car Coverage
If you own a classic BMW and are researching a fair rate for your insurance, look no further. State Farm offers collector and classic car coverage for vehicles with historical interest. If your BMW is between 10 and 24 years old, you might be eligible for classic car coverage. You could also obtain antique classic coverage if your car is over 25 years old.
How insurance providers define classic or antique cars can be a bit tricky. They rely on a system of agreed value to decide on your premium rates. Because classic and vintage cars are unique and don’t depreciate over time as normal cars usually do, you’ll have to agree with State Farm on a value and insurance plan for the vehicle. Here are some of the factors that State Farm might take into consideration when determining the value of your classic or antique car:
- Type of car
- Mileage and condition
- Frequency of driving (State Farm is more likely to insure your car if you use it on a very limited basis.)
- Storage
- Maintenance and restoration
Be sure to speak to a State Farm agent to see if your BMW qualifies as a classic or vintage car.
2. Allstate - Best for Bundling
4.4
Editor's Rating:
- Average Rate forMinimum Coverage$69 mo.
- Average Rate forFull Coverage$243 mo.
- Large bundling discount
- Numerous discount opportunities
- Local agents
- Telematics needed for best savings
- Mixed claims reviews
One of the best ways to lower rates on expensive car insurance is to take advantage of sizable bundling discounts. Not only does Allstate have one of the largest home and car bundling discounts (up to 25 percent), it’s one of the most reliable insurance providers in the country. The provider also offers easy online quotes.
Who It's Best For- Renters or homeowners
- People who can take advantage of Allstate’s bundling options
- Drivers with clean records
- Consumers with new cars
Who It's Not Best For- People looking for the most affordable option
- Drivers with bad credit
Great for Bundling
Allstate’s 25 percent discount for home and car bundling is the largest in the country among the Top 10 providers. If you need more than one type of protection, bundling is a good way to save money on your coverage. In addition, bundling makes managing insurance easier because you can access multiple plans quickly, adjust your policy, and review your coverage — all from the same place. Bundle your motorcycle, house, condo, or renters insurance with your car insurance.
Big Savings
Another way to bring your auto insurance costs down is to take advantage of all the discounts available to you. At Allstate, you have access to the following discounts:
- Up to 25 percent off if you have multiple policies
- If your car has anti-lock braking
- If you take a safe-driving course
- If you have a new car
- EZ pay plan discount for automatic withdrawals on your premium
- Paperless ePolicy
- Smart student discount if you’re a student under 25 who meets one of these requirements:
- Maintains a 2.7 or above GPA
- Completes the teenSMART driver education program
- Attends school at least 100 miles from where you store your car
The best way to determine which discounts you’re eligible for is to ask your agent.
Pricing Based on Driving Habits
One way to save on your BMW coverage is to take advantage of providers who offer rates based on your safe driving habits. Sign up for either the Milewise or Drivewise driving plan through Allstate.
- Milewise: Milewise is a pay-per-mile insurance option that generates your rates based on how many miles you drive. If you don’t have a big commute or aren’t behind the wheel often, Milewise can save you money on your car insurance. This type of insurance isn’t available in all states, so ask an agent whether you qualify based on your location.
- Drivewise: Drivewise is an app-based driving tracker that analyzes your speed, driving habits and time of day you drive to determine your driving safety. Signing up is as easy as downloading the app so it can track your driving. You can complete Drivewise safe-driver challenges to earn points and redeem cash over time.
DID YOU KNOW?
The average person drives 13,476 miles per year, which is about 37 miles per day.3
3. USAA - Best for Military
5
Editor's Rating:
- Average Rate forMinimum Coverage$36 mo.
- Average Rate forFull Coverage$128 mo.
- Excellent customer satisfaction
- Cheap rates
- Pay-as-you-drive program available
- Military eligibility required
- Limited to members
- Fewer branch locations
If you’re an active military member, veteran, the spouse, or child of a military member, USAA is the best option for insuring your BMW. With an average annual price of $2,400 to insure a BMW, USAA is one of the lowest-priced options on our list. Plus, USAA came out on top in every region across the country in J.D. Power’s 2025 Auto Insurance Customer Satisfaction Study.4 Part of what makes USAA so affordable is its long list of membership discounts and benefits, which will go a long way with your BMW coverage.
Who It's Best For- Active military members, veterans, and their families
- Members of the military who need vehicle storage while they’re deployed
- People who want to bundle their insurance
- Drivers shopping for affordable coverage
Who It's Not Best For- Non-USAA members
- People with DUIs on their record
USAA Discounts
USAA has several discounts unique to military personnel:
- Good student discount
- Safe driver program offers up to 30 percent
- Bundling discount is up to 10 percent off
- Anti-theft device discount
- Vehicle storage up to 60 percent off
- Comprehensive coverage: up to 15 percent off for garaging your car on a military base
- Military families receive up to 10 percent off
- New vehicles three years old or less
Excellent Bundling Options
USAA offers options for bundling for your home or multiple vehicles. You can bring your costs down, simplify your insurance plan, and get the coverage you’re seeking. With USAA, you can bundle your BMW insurance with a number of other policies and plans, including your:
- ATV
- Boat
- Classic car
- Collectibles
- Condo
- Farm and ranch
- Homeowner insurance or renters insurance
- Motorcycle
- Pet
- RV
- Rental property
Note that a bundling discount is typically only available for buying property and auto insurance.
USAA Membership Benefits
Take advantage of the many USAA membership benefits the company has to offer, including the following:
- Vehicle storage during deployment
- Shopping discounts for hotels, cruises, and vacation tours
- Travel insurance deals
- 24/7 membership support for insurance
- SimpliSafe home security discount
- Banking advice for vehicle loans
- Financial advice for managing debt, investing, saving, and planning retirement or buying a home
4. Acceptance Insurance - Best for High-Risk Drivers
2.6
Editor's Rating:
- Accepts high-risk drivers
- Sells home and renters insurance
- Classic car insurance option
- Higher premiums
- Limited digital tools
- Fewer coverage options
Car insurance for BMWs is already expensive, but if you’re a high-risk driver, that number could triple what you would normally pay. In some cases, insurance providers may not even cover you if you need an SR-22, have a bad credit score, or have a history of accidents or traffic violations. If you have a poor credit score or driving record, consider Acceptance Insurance.
Who It's Best For- People who require an SR-22
- Consumers with poor credit
- People with a history of traffic violations
- Young drivers
Who It's Not Best For- People who live outside of these states:
- Alabama
- Arizona
- California
- Florida
- Georgia
- Illinois
- Indiana
- Mississippi
- Ohio
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Drivers with a safe driving history
Insurance for High-Risk Drivers
Not all providers offer SR-22s or coverage for drivers with bad credit or poor driving records. However, Acceptance Insurance will cover you even if you have a history of violations, past DUIs, or accidents. If you’re struggling to find coverage elsewhere due to being classified as a high-risk driver, Acceptance Insurance could be a good choice. High-risk drivers typically include:
- Drivers with histories of accidents
- Drivers with histories of traffic violations
- Drivers with multiple DUIs
- Young drivers
- Drivers who need SR-22s
- Drivers with several points on their records
- Drivers with poor credit scores
Customizable Coverage
In addition to liability and full coverage, Acceptance offers these add-ons:
- Classic car
- Windshield repair
- Tire hazard plan
- Roadside assistance
- GAP coverage
- Rental reimbursement
- Motorcycle insurance
- Towing and labor
These are other types of insurance policies you can take advantage of with Acceptance:
- Commercial
- Homeowners
- Indemnity — in case of hospitalization
- Life
- Pet
- Renters
- TeleMed
- Travel
PRO TIP:
Join the BMW Car Club of America for unique insurance discounts and benefits, like access to high-performance driving events.5
Many Ways to Save
Even though Acceptance caters to high-risk drivers, expect your BMW rates to be high if you have a poor credit score or a history of violations or accidents. One way to lower your costs is by taking advantage of every discount available to you from Acceptance. The following discounts may be available:
- Being a military member
- Having bundling options
- Being enrolled in Autopay
- Renewing your policy
- Having paperless billing
- Signing up online
- Taking a driving course
- Loyalty discount (such as if you were with your previous provider for at least six months)
- Being a good student
- Being a low-mileage driver
5. Liberty Mutual - Best Replacement Coverage
4.5
Editor's Rating:
- Average Rate forMinimum Coverage$115 mo.
- Average Rate forFull Coverage$238 mo.
- Numerous add-ons
- Gap insuranceBetter car replacement coverage
- Easy online quotes
- Telematics required for best savings
- Mixed reviews
Liberty Mutual is a top provider with a number of unique add-ons and options to fully cover your BMW. One of the most unique add-ons is the better car replacement coverage, which guarantees you a new car with 15,000 fewer miles than your old, totaled car.
According to research by Edmunds, some cars can depreciate by more than 20 percent in the first year. This means you can get the most out of replacement coverage in the first five years of ownership.
Who It's Best For- Young drivers
- People who want to bundle their insurance
- Shoppers who want gap insurance
- BMW Car Club of America members who are eligible for up to 10 percent off car insurance rates
Who It's Not Best For- People searching for the cheapest provider
- People who have been driving BMWs for over five years
Flexible Add-ons and Coverage
According to Kelley Blue Book, the lowest prices for new 2025 BMWs start at over $42,000, which makes add-on coverages like original parts and new car replacement all the more valuable.6 With Liberty Mutual, you can add the following types of coverage:
- Accident forgiveness
- Better car replacement coverage
- Deductible fund, which helps pay for any out-of-pocket payments for accidents
- Gap insurance
- Lifetime repair guarantee
- Mexico car insurance
- New car replacement for the first model year and 15,000 miles
- Auto insurance for teachers
Pricing Based on Driving Habits
Safe drivers should consider Liberty Mutual’s RightTrack program to earn additional savings to insure your BMW. You receive a discount just for signing up, and the program will track your driving habits automatically through the Liberty Mutual app. Note that RightTrack is not available in all states.
After 90 days, the app will assess your driving habits based on your speed, braking, mileage, and other metrics. If you live in certain states, the app will track your driving continuously throughout each six-month policy period. A positive driving assessment can earn up to 30 percent off your coverage; however, your car insurance costs could increase if you display risky behavior.
Mobile-Friendly Policy Management
Liberty Mutual offers a user-friendly mobile app that is highly rated for both iOS (4.8 out of five stars) and Android (4.6 out of five stars). Through the app, you can pay your bills, track claims, review your policy, and adjust your coverage.
Additionally, you can use the accident support features to take photos of accidents in real time and call for roadside assistance. Finally, the Coverage Customizer Tool is a great way to look for discounts in your next renewal, break down your current policy, or see what your coverage looks like after a claim — all from the comfort of your phone.
Methodology - How We Pick the Best Providers
To select the best insurance providers for BMW drivers, we evaluated companies on the following four categories:
- Price (40%): Using industry research and our proprietary data, we analyzed average annual premiums for multiple BMW models for a 35-year-old driver with a clean record, good credit, and 12,000 annual miles. The full coverage limits included:
- Bodily injury: $100,000 per person/$300,000 per accident
- Property damage: $50,000 per accident
- Uninsured/underinsured motorist: $100,000 per person/$300,000 per accident
- Collision and comprehensive: $500 deductible
- Claims Handling (25%): We examined industry ratings from J.D. Power and CRASH Network’s Insurer Report Card to assess how well companies handle claims, from first notice of loss through the repair cycle.
- Customer Experience (25%): Top insurers were identified based on criteria such as user-friendly digital services, ease of obtaining a quote for high-end vehicles, and customer service ratings.
- Coverage Options (10%): We prioritized insurers offering coverage options particularly beneficial for BMW owners. This includes gap insurance for new BMWs, agreed value coverage for collectible models, and new car replacement coverage for recent purchases
Frequently Asked Questions
It depends. Providers like State Farm offer premiums for BMWs that are 9 percent lower than the national annual average for full coverage policies. USAA also offers rates that are on par with the national annual average.
Across models, BMWs cost almost $3,000 annually to insure. Exactly how much you pay depends on your BMW model, age, and location.
BMW auto insurance for teens is the most expensive category for BMWs. The average annual rate is $9,756.
BMWs don’t require special luxury or sports car insurance. Rather, you can purchase higher coverage limits on your plan to cover the cost of a more expensive BMW on a regular, personal car insurance policy. If you own a class or vintage BMW, however, you will want to obtain classic car insurance.
A BMW X1 Series is typically the cheapest to insure. Generally speaking, the cheaper the car, the lower your insurance rates will be. With a new starting price of around $43,000, the BMW X1 Series is the cheapest BMW sedan to insure.
Citations
Facts + Statistics: Insurance company rankings. Insurance Information Institute. (2024).
https://www.iii.org/fact-statistic/facts-statistics-insurance-company-rankingsSatisfaction with Auto Insurance Claims Strained by Higher Deductibles, More Total Losses, J.D. Power Finds. J.D. Power. (2025, Oct 28).
https://www.jdpower.com/business/press-releases/2025-us-auto-claims-satisfaction-study2026 BMW 8 Series Cost to Own. Edmunds. (2025).
https://www.edmunds.com/bmw/8-series/2026/cost-to-own/Average Annual Miles per Driver by Age Group. U.S. Department of Transportation Federal Highway Administration. (2022, May 31).
https://www.fhwa.dot.gov/ohim/onh00/bar8.htmIt’s Now a Buyer’s Market for Auto Insurance, J.D. Power Finds. J.D. Power. (2025, Jun 10).
https://www.jdpower.com/business/press-releases/2025-us-auto-insurance-studyBMW Corporate Deals. BMW CCA. (2025).
https://www.bmwcca.org/membershipbenefits/discountsCar Finder. Kelley Blue Book. (2025).
https://www.kbb.com/car-finder/?intent=new&manufacturers=bmw&years=2026-2026&sort=priceasc
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