BMW i7 Insurance Rates

The average insurance rates for a BMW i7 are $1,986 a year for full coverage. Comprehensive insurance costs $590, collision costs $1,046, and liability is estimated at $240. Liability-only insurance costs approximately $292 a year, with high-risk driver insurance costing $4,278 or more. Teenage drivers cost the most to insure at $6,606 a year or more.

Annual premium for full coverage: $1,986

Policy rates :

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this BMW i7 Trim Level

These price differences show why get quotes and risk profile, instead of making a decision based on average rates.

Use the form below to get rates for your location.

Auto insurance rates for a BMW i7 also range considerably based on your risk profile, the model year of your i7, and .

with a good driving record and high deductibles may pay as low as $1,800 annually on average, or $150 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay $6,600 a year. View Rates by Age

Your home state plays a big part in determining prices for BMW i7 insurance prices. A good driver about age 40 could pay as low as $900 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,950 on average in Montana, Louisiana, and Michigan. Rates by state and city are shown later in the article.

Using high physical damage deductibles can save as much as $1,100 annually, . Going from a 50/100 limit to a 250/500 limit will raise rates by up to $216 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying $2,300 to $3,000 in extra premium every year, depending on your age. ranges from 45% to 130% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know from multiple companies. Each auto insurer uses a different method to calculate rates, and quoted rates will be varied from one company to the next.

View Chart as Image

Chart shows BMW i7 insurance rates for different risk profiles and scenarios. The cheapest discount rate is $1,085. Drivers who use higher $1,000 deductibles will pay around $1,616. The average rate for using $500 deductibles is $1,986. $100 deductibles for comprehensive and collision insurance could cause an increase to $2,708. Drivers with multiple violations and accidents could be charged around $4,278. full coverage for can get as high as $6,606.

View Chart as Image