The 2016 BMW M5 is a high-performance luxury sedan that boasts a powerful V8 engine and impressive acceleration. It’s no surprise that this car comes with a hefty price tag, but the cost of insuring it may not be as expensive as you think. In this article, we’ll take a closer look at the car insurance cost for the 2016 BMW M5 and highlight some affordable rates from the top three companies.
Car Insurance Cost for 2016 BMW M5
The cost of car insurance for the 2016 BMW M5 will vary depending on several factors, including your driving record, location, and age. However, on average, you can expect to pay around $2,500 per year for full coverage insurance on this car.
Affordable Rates from Top 3 Companies
While the cost of insuring the BMW M5 may seem high, there are a few insurance companies that offer competitive rates for this car. Here are some affordable rates from the top three companies:
1. Geico – Geico is known for offering affordable rates for high-performance vehicles, and the 2016 BMW M5 is no exception. On average, Geico customers pay around $1,800 per year for full coverage insurance on this car.
2. State Farm – State Farm is another company that offers competitive rates for the BMW M5. On average, State Farm customers pay around $2,000 per year for full coverage insurance on this car.
3. Progressive – Progressive is known for its innovative insurance products and competitive rates. On average, Progressive customers pay around $2,200 per year for full coverage insurance on the BMW M5.
Cool Facts About the 2016 BMW M5
Now that we’ve covered the cost of insuring the 2016 BMW M5, let’s take a look at some cool facts about this car:
1. The BMW M5 has a top speed of 155 mph and can go from 0 to 60 mph in just 4.1 seconds.
2. The car features a 4.4-liter twin-turbo V8 engine that produces 560 horsepower and 500 lb-ft of torque.
3. The 2016 BMW M5 comes with a 7-speed dual-clutch automatic transmission that allows for quick and seamless gear changes.
4. The car’s exterior design is sleek and aerodynamic, with a low stance and aggressive front grille.
5. The interior of the BMW M5 is luxurious and features high-quality materials and advanced technology, including a 10.2-inch infotainment display and a premium sound system.
In conclusion, while the cost of insuring the 2016 BMW M5 may seem high, there are several insurance companies that offer competitive rates for this high-performance luxury sedan. And with its impressive speed and advanced technology, the BMW M5 is a car that’s sure to turn heads on the road.