BMW X7 car insurance

Things you need to know about insuring a BMW X7 SUV

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Average BMW X7 car insurance costs

The costs to insure a BMW X7 xDrive30d are quite reasonable. The average cost for this model was $1,739.65. One insurer viewed the model as outside of their underwriting criteria. However, due to the high-value and performance of the BMW M50i, we were unable to get quotes from mainstream car insurers.

The precise amount you pay for your car insurance varies depending on many factors.

Want to insure a high-value, luxury SUV like the BMW X7? Especially for the M50i model, you'll likely need to get a quote from a specialist prestige car insurance broker.

We used the following details to calculate average BMW X7 car insurance costs:

  • 2020 BMW X7
  • 15,000 kilometres annual distance
  • Five-years accident-free
  • Driver in Sydney
  • Car parked in a secure garage overnight and a secure car park during the day
  • Rating one, 40-year-old male driver
  • Solid white paint
  • No modifications
  • No insurance add-ons or extras
  • Insurer's standard excess
  • Private or commuting use (five days a week)
  • No outstanding finance on car
  • Driver's sole vehicle
  • Driver is a homeowner
  • Age-restricted to 40 years or older drivers

How do car insurers calculate the cost of BMW X7 cover?

In Australia, the BMW X7 range starts from a manufacturer's suggested retail price (MSRP) of $133,900. That's for a BMW X7 xDrive30d with a 3.0-litre, six-cylinder diesel. For the 4.4-litre, V8 M50i model, the MSRP starts at $179,900.

Car insurance prices for the BMW X7 vary depending on multiple factors. Things like your driving record, the place you park your X7 during the day and overnight, your annual kilometres driven plus the specific model and value of your BMW X7 SUV all affect your premiums.

Under the surface, car insurers are risk analysers. They run calculations across their database of past claims, allowing them to determine the risk you pose to them. Then, they price the insurance policy accordingly.

About the BMW X7


The BMW X7 is the larger, but younger sibling, of the BMW X5 luxury SUV.

The seven-seater X7 first became available to order in 2018. BMW calls it a "Sports Activity Vehicle" or SAV. The vehicle rolls on the same architecture as the BMW X5. A variant of the platform is found under the new Toyota Supra.

At over 5 metres in length, 2 metres in width and standing 1.8 metres tall, it's the largest BMW X model.

As you'd expect from a six-figure, high-end luxury SUV, the standard specification is expansive. Standard fitments include the following:

  • Adaptive 2-axle air suspension with 40mm height adjustment
  • Hill descent control
  • xDrive all-wheel-drive system
  • Active protection
  • Driving assistant professional
  • LED headlights
  • Power-folding side mirrors
  • 20-inch V-spoke alloys
  • Active air stream front grille
  • Panoramic glass sunroof
  • Vernasca leather upholstery
  • Powered, split tailgate
  • Four-zone automatic air-conditioning
  • Acoustic glazing
  • Power seat adjustment for driver and second row
  • Keyless entry
  • Velour floor mats
  • Sports leather steering wheel
  • Lumbar support and seat heating for front occupants
  • Automatic soft-closing door function
  • BMW Live Cockpit professional (12.3-inch display for driver and 12.3-inch infotainment screen)
  • Navigation
  • Multiple USB plugs
  • DAB radio
  • 205w, 10 loudspeaker sound system
  • Apple CarPlay and Android Auto
  • Bluetooth connectivity
  • Wireless phone charging

It's an incredibly extensive specification, with the M model having additional options that are mainly performance-related. The M50i also has five-zone climate control, comfort seats, Merino leather upholstery, a 494W 16-speaker sound system and a heated/chilled cup holder.

The BMW X7

The exact amount you'll pay to insure a BMW X7 depends on dozens of variables, including your address and driving record. Make sure you always get several car insurance quotes so that you can find the best value deal that matches your situation.

Insure a BMW X7 with a prestige car insurer

BMW X7 insurance quotes

We requested car insurance quotes for the BMW X7 models below. The M50i, likely due to its larger engine, value and increased performance, was not insurable by the more mass-market car insurers.

ModelInsurer 1Insurer 2Insurer 3Insurer 4
BMW X7 xDrive30d G07$1,580.52

($1,050 excess)


($895 excess)

Could not quote$1,612.15

($1,050 excess)

BMW X7 M50iCould not quoteCould not quoteCould not quoteCould not quote

Random BMW facts

  • BMW's headquarters in Munich, Germany, are designed to look like an engine's four-cylinders. The nearby cylindrical BMW museum building has a large BMW logo on the roof and is sometimes referred to as the salad bowl.
  • It is often thought the BMW logo represents a stylistic propeller. In reality, the black ring comes from a previous company that became part of BMW. The blue and white checkmark colours come from the State of Bavaria's coat of arms. The misconception it's a spinning propeller likely originated with an advert published in the late 1920s showing the logo placed on the front of aeroplanes in place of a prop.
  • BMW signed an agreement with Lamborghini to engineer a mid-engined sports car with assistance from the Italian manufacturer. After Lamborghini had to withdraw from the deal, BMW turned the car into the M1. Partially-assembled cars were still delivered to BMW from Italy, where a specialist contractor finished off the build by hand – just 453 were produced.
  • BMW's first-ever electric was actually the Elektro-Antrieb (German for electric drive), based on the classic 1602 model. It was built for PR duties at the 1972 Munich Olympic Games. Its range is an unconfirmed 19 miles.
  • As a tribute to the brand's aviation past, BMW teamed up with Singapore Airlines in 2012 to design a new first-class cabin for their planes.

How safe is the BMW X7?

The Australasian New Car Assessment Program has yet to crash-test the BMW X7. We could not find any safety ratings from any of its global partners either.

However, the BMW X7, as the company's flagship SUV, does have a long list of safety assists.

  • Brake pad wear indicator
  • BMW active protection
  • Attentiveness assistant
  • Eight airbags
  • Dynamic braking lights
  • Dynamic stability control (DSC), anti-lock braking system (ABS) and dynamic traction control (DTC)
  • Run-flat safety tyres
  • Emergency spare wheel
  • BMW head-up display
  • BMW Driving Assistant Professional
    • Active cruise control (with stop and go)
    • Cross traffic warning (front and rear)
    • Steering and lane control assistant
    • Lane keeping assistant (with side collision warning)
    • Lane change assistant
    • Crossroads warning
    • Evasion aid and speed limit info
    • Automatic speed limit assist
    • Parking assistant plus (with active park distance control rear, reversing assistant, surround view, panoramic view and 3D view)
  • Adaptive LED headlights with high-beam assist
  • Anti-dazzle side mirror function and rear-view mirror
  • BMW ConnectedDrive with Intelligent Emergency Call

Need to insure a luxury SUV like the BMW X7?

To find out more about prestige car insurance specialists, head over to our guide on prestige car insurers.

Pictures: Supplied

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