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BMW I5 Car Insurance

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The BMW i5 is a premium electric sedan combining performance, cutting-edge technology, and upscale comfort. Positioned in the electrified luxury sedan segment, it attracts drivers seeking a quiet ride without sacrificing brand prestige.

BMW I5 CAR INSURANCE RATES SINCE 2023.

Between 2023 and 2026, premiums for the BMW i5 fluctuate, rising from $3302 in 2023 to a peak of $4468 in 2024, then declining to $3057 in 2025 and $2384 in 2026. This recent decrease may reflect a cost adjustment following the model's early years.

To find the best insurance for your BMW I5 vehicle, it is more important than ever to compare the available options.

How much does insurance for your BMW I5 cost in Quebec?

Based on the data provided, the average premium for the BMW i5 is significantly higher in Montreal ($3460) than in Drummondville ($1584), representing more than double the cost between the two cities.

To get the exact cost for your situation, the best approach is to compare offers from several insurers. Using our Clicassure comparison tool, you can easily find the best premium tailored to your needs.

City Average price over the last 12 months
DRUMMONDVILLE $1583.77
MONTRÉAL $3459.66

BMW I5 average premium by model year

Average premium paid by our clients for each model year, over the last 5 years. Select a year to see its detailed statistics.

Model year Average premium
BMW I5 2026 $1835.74
BMW I5 2025 $3580.06
BMW I5 2024 $3291.00

Frequently asked questions (FAQ)

How much does auto insurance cost for a BMW i5?
The average premium for a BMW i5 has ranged between $2384 and $4468 depending on the year, with $2384 recorded for the most recent available year (2026).
Have BMW i5 premiums changed significantly since 2023?
Yes. The premium rose from $3302 in 2023 to $4468 in 2024, then dropped to $3057 in 2025 and $2384 in 2026, showing a notable decline after the initial peak.
Is the BMW i5 more expensive to insure in Montreal than Drummondville?
Yes, considerably. The average premium reaches $3460 in Montreal compared to just $1584 in Drummondville, based on the available data.
Is auto insurance mandatory in Quebec?
Yes. In Quebec, civil liability coverage of at least $50,000 is mandatory for any road vehicle driven on public roads.
Why can an electric car like the i5 be expensive to insure?
High-end electric vehicles like the i5 involve costly repairs, specialized parts, and an expensive battery to replace, which can push premiums higher.
How can I lower the insurance cost for a BMW i5?
Comparing quotes from multiple insurers, especially between regions like Montreal and Drummondville where the gap can exceed $1800, remains the most effective way to find a better price.

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Similar brands

MERCEDES
EQE
AUDI
A6
E-TRON
TESLA
MODEL
S
GENESIS
ELECTRIFIED
G80

Methodology

To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :

  • Analysis period: Our analyses are based solely on insurance submissions collected over the millions of submissions in recent years, thus guaranteeing the relevance of our comparisons.
  • Real-world comparisons: We only use data from insurance submissions that actually resulted in a sale.
  • Proven savings: The results presented only reflect cases where the user has saved money thanks to our comparison tool.
  • Last updated: 08/13/2026

Versions covered by this BMW I5 page

The premiums above cover every version of the BMW I5, so that each average rests on enough quotes. Here are the versions this page includes.

Version Model years
i5 M60 xDrive 4DR AWD 2024 - 2027
i5 xDrive40 4DR AWD 2025 - 2027

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BMW I5 by city

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