BMW M6 Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• It costs more to insure a BMW M6 than the average car.
• Liability insurance for a M6 averages around $91 monthly, while full coverage normally comes in at about $295 per month.
• Workmens provides the most affordable average premiums for a M6 with liability only coverage offered for as little as just $32 a month.

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M6 Overview

With a base price of $119,900 for 2019 models, the BMW M6 is a high-end car for drivers with extra room in their budgets.

After analyzing thousands of car insurance quotes through Compare.com, we've determined that average BMW M6 auto insurance rates run around $294 monthly. But how does that stack up to other similar cars out there on the market?

How Much is Car Insurance for a BMW M6?

In the table above, you'll find that compared to other vehicles, BMW M6 insurance prices are higher than average. M6 owners generally pay about $91 per month for liability insurance, and around $295 a month for full coverage, which has comprehensive and collision coverages in addition to liability (find out more about the difference with our guide "State Minimum vs. Full Coverage").

Compared to other BMW models, the M6 is more expensive, with premiums about 48% higher than the rest of the manufacturer's vehicle offerings. Similarly, M6 coverage is higher than average when compared to other vehicles of a similar body style, with both liability only and full coverage insurance averaging more expensive rates than other cars.

When compared to all vehicles, regardless of model, make, or body style, the M6 follows a similar pattern of having above average insurance prices.

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Who has the Cheapest Car Insurance for a BMW M6?

If you're looking for a new auto insurance policy for your BMW M6, you may want to know which company offers the lowest rates. Although costs will usually be pretty different from driver to driver, Clearcover has the cheapest average rates for liability only coverage, with rates as cheap as just $26 monthly. With car insurance as cheap as $27 per month, Mapfre is the next lowest car insurance carrier.

Workmens, Dairyland, and Mercury round out the end of the top 5 list. However, just because these five carriers offer the cheapest average rates doesn't necessarily mean they'll give you the best rates for your BMW M6.

Insurance companies take a wide array of different variables into consideration when calculating how much to charge you. By analyzing quotes from a wide array of auto insurance carriers at once, you can rest easy knowing that you're finding the most affordable rate.

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What Factors Affect Car Insurance Rates for a BMW M6?

There are a lot of attributes that car insurance companies reference to calculate how much they charge you for insurance -- and each company uses a different algorithm, so there's not just one carrier that's the lowest for every M6 driver.

The sections below show a whole range of factors auto insurance carriers use to calculate rates:

Vehicle Age

The BMW M6 has been around for a while, so vehicle age will likely make a big difference in what you end up paying for insurance. Typically, it costs less to insure older cars because they're worth less than newer models, and as time goes on and M6s begin to depreciate, insurance costs will gradually decrease.

From the table above, you can see the BMW M6 follows this trend, as the most expensive models to insure are those that are 2 to 3 years old, while on average, the cheapest models are M6s that are 15 years old or more.

Your Age

Your age is another factor that plays a significant role in how much you pay for car insurance. Based on the information above, young drivers have more expensive premiums than drivers with more experience on the road. In this case, drivers 18 to 24 pay $49 more than those 25 or older.

Auto insurance prices continue to go down as you get older, with the cheapest age group being 55-64 for M6 drivers.

Your Gender

Women tend to pay less for auto insurance than men. This is because women are less likely to get speeding tickets and get into collisions, which lowers the chances of an insurance claim. The BMW M6 sticks to the norm, where men pay around $94 monthly for insurance, while women pay about $66.

Where You Live

It may be obvious that things like how old you are and what vehicle you drive play a role in your auto insurance prices, but you may not realize that where you live can matter just as much. Car insurance is regulated at the state level, so rates shift quite a bit from state to state.

For example, the average BMW M6 owner in New York pays around $117 a month for liability coverage, while on average, the same Californian driver will pay less than half of that price.

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BMW M6 Car Insurance Discounts

Whatever what vehicle you drive, what state you call home, or how old you are, using as many discounts as possible when it comes to your car insurance policy is always a good idea.

Even though all auto insurance companies offer their own unique discounts, there are a few different ones that you'll find with most carriers. These include things like:

• Pay-in-full discounts for drivers who agree to pay their entire policy rate at once, rather than in monthly installments
• Multi-policy discounts for getting both your home and auto policies from the same company
• Multi-car discounts for having several vehicles on your auto policy
• Defensive driving discounts for taking a defensive driving class through an accredited school or institution

But these aren't the only discounts insurance companies offer to their customers.

Even though you don't have control over every variable car insurance carriers look at to calculate premiums (like some of the ones mentioned above), you can influence some of them. Below are just a few of the factors you can use to your advantage when it comes to saving money:

Your Driving Record

You've almost certainly heard ads from auto insurance companies posting hefty discounts for responsible drivers. It should be no surprise that if you get tickets for speeding or get into an accident, insurance prices will go up. But you're probably wondering exactly how much these infractions can cost you.

Based on the table above, accidents will usually cost M6 drivers more than tickets, but both will result in a raise in rates. BMW M6 drivers with a single ticket will pay an average of $92 per month, while drivers with one accident on their record pay about $170 each month (up $79 from the $91/mo. overall average). Those who have more than one of either violation will end up paying even more.

How Much You Drive

Another factor that plays a role in your car insurance premiums is how much you drive each year. Drivers who are on the roads less often have fewer opportunities to get into an accident, so they'll typically be offered less expensive rates. Based on the table above, you can see that BMW M6 owners who drive fewer than 2,500 miles per year pay about $47 monthly for auto insurance, while those who put 10,000 miles or more on their cars pay $103.

But if you don't use your BMW M6 to travel or commute regularly, it may be worth reviewing usage-based or pay-per-mile insurance. With these policies, you pay a small monthly amount, and your final monthly bill is calculated based on how many miles you drove.

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How Do BMW M6s Compare to Other Vehicles?

If you're thinking about buying a new car and a BMW M6 is on your shortlist, you're probably wondering how it compares to other cars. Auto insurance is just one cost that comes with buying a new car, but it's certainly one that's worth thinking about carefully.

Review the table below to see how the BMW M6 stacks up:

With an MSRP that's a quarter more than the going rate for a new vehicle, the BMW M6 is on the more expensive side when it comes to price. At $119,900, the M6 price comes in above the national average MSRP of $46,074.

Liability insurance for a BMW M6 is, while full coverage is over $50 more per month.

However, it is worth noting that the M6 owners tend to drive their cars less than the average American driver, with only 9,147 annual miles for the average owner.

BMW M6 Car Insurance Costs by Model Year

We've gone over many of the variables that can have an impact on how much the average driver pays to insure a BMW M6. But if you're in thinking about buying a new car, truck, or SUV and the M6 is on your wishlist, knowing what you'll likely pay for the specific car you're looking at can be extremely helpful as you weigh your choices.

Choose Your Model

2017 BMW M6 Car Insurance 2016 BMW M6 Car Insurance 2015 BMW M6 Car Insurance 2014 BMW M6 Car Insurance 2013 BMW M6 Car Insurance 2010 BMW M6 Car Insurance 2009 BMW M6 Car Insurance 2008 BMW M6 Car Insurance 2007 BMW M6 Car Insurance

2017 BMW M6 Car Insurance

2017 BMW M6 drivers can expect to pay an average of $52 a month for liability or $466 for full coverage.

With premiums sometimes as cheap as $52 monthly, Mercury offered the cheapest policy we found for the 2017 BMW M6.

And if you want more accurate rates tailored specifically to you, just enter your ZIP code below and get free quotes in minutes.

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2016 BMW M6 Car Insurance

You can expect full coverage for a 2016 M6 to run about $354 per month, while liability only coverage will average around $177 a month.

With rates sometimes as low as $26 per month, Clearcover offered the lowest policy we found.

If you want to know exactly how much you can expect to pay for your M6, just enter your ZIP code below and get several free quotes in minutes.

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2015 BMW M6 Car Insurance

On average, drivers who own a 2015 BMW M6 can expect to pay $77 to $363 monthly for liability only and full coverage insurance, respectively.

If you're looking for the cheapest possible 2015 BMW M6 insurance policy, Elephant offered the most affordable policy we found, with rates as little as $24 a month.

Want to find the cheapest rates? Just enter your ZIP code below to get lots of free customized quotes.

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2014 BMW M6 Car Insurance

The average cost to insure a 2014 M6 with liability only coverage is $80 monthly, while full coverage runs about $310 per month.

Workmens has premiums as low as just $26 a month for the 2014 BMW M6.

If you want to know exactly how much you can expect to pay for your M6, just enter your ZIP code below and get free quotes in minutes.

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2013 BMW M6 Car Insurance

It costs around $29 monthly for liability or $294 for a full coverage policy for the 2013 BMW M6.

We found SafeAuto offered the lowest policy, with rates as low as $29 a month.

If you want to find the best prices for auto insurance for a 2013 BMW M6, enter your ZIP code below and compare multiple personalized quotes in just a few minutes.

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2010 BMW M6 Car Insurance

You can expect full coverage for a 2010 M6 to run about $233 per month, while liability only coverage will average around $38 a month.

Coverhound offered the most affordable policy we found, with rates sometimes as little as $21 monthly.

Interested in what your car insurance price will be? Enter your ZIP code below to get several personalized quotes for free.

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2009 BMW M6 Car Insurance

It costs about $65 per month for liability or $142 for a full coverage policy for the 2009 BMW M6.

Looking for the cheapest policy? DirectGeneral offered liability only coverage for as cheap as $31 a month.

If you want to know exactly how much you can expect to pay for your M6, get free quotes in minutes by just entering your ZIP code below.

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2008 BMW M6 Car Insurance

On average, drivers who own a 2008 M6 can expect to pay $59 to $269 monthly for liability only and full coverage insurance, respectively.

We found Dairyland offered the lowest policy, with rates sometimes as cheap as $28 per month.

If you want to find the best rates for car insurance for a 2008 BMW M6, enter your ZIP code below and compare a bunch of personalized quotes in just a few minutes.

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2007 BMW M6 Car Insurance

The average cost to insure a 2007 BMW M6 with liability only coverage is $95 a month, while full coverage runs around $290 monthly.

If you're looking for the most affordable 2007 BMW M6 insurance policy, MetLife offered the most affordable policy we found, with rates sometimes as little as $22 per month.

Want to know just how much you'll pay? Enter your ZIP code below to get multiple free personalized quotes.

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BMW M6 Insurance FAQs

Is a BMW M6 expensive to insure?

Compared to the national average of all vehicles, prices come in on the more expensive end of the spectrum. Liability insurance runs an average of $91 monthly, while full coverage will cost you around $295.

How can I get the best price on car insurance for my BMW M6?

The only way to be confident you're getting the cheapest price on auto insurance is to check prices regularly and compare quotes from multiple carriers. Over time, your driver profile changes, so it's a good rule of thumb to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare premiums from a range of companies at once, meaning you can find the most affordable rates (or guarantee you already have the best deal) for free.

Does the color of my BMW M6 affect my insurance rates?

You've probably heard that it costs more to insure red cars than silver or white ones, but that's just a myth. There are a variety of things insurance carriers consider when they calculate how much you'll pay, but your car's color is not on that list.

Do I need to have insurance before I buy a BMW M6?

You'll need to have valid car insurance for your vehicle before you can legally drive your it off the dealership lot. As part of the buying process, some dealerships may offer you an auto insurance policy, but your best bet is letting your auto insurance company know ahead of time.

What car insurance discounts can I get for my BMW M6?

There are all sorts of discounts out there for car insurance. Many of them (like "safe driver discounts" and "multi-policy discounts") are more based on you than the M6 you drive, but if your M6 has safety features like anti-theft systems, airbags, anti-lock brakes, and other features, it may qualify for certain discounts. The only way to know is to reach out to your insurance carrier and ask about their discounts.