PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How much is car insurance on a BMW 535i for a driver under 25 in New Jersey?
I'm 19 and just got my driver's license after having a provisional one for 18 months. I have my eye on a 2016 BMW 535i, but I'm worried about insurance costs. How much will it cost to insure the car in New Jersey?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“If you buy a luxury car like a BMW, you’ll probably want full coverage on it unless it has high mileage (over 100,000 miles). That’s going to get expensive, especially when you consider that the average rate for full-coverage insurance is over $1,700 a year.
Because you’re young and the 535i is a high-performance vehicle, that average could increase by three or four times. So instead of getting that particular vehicle, you may want to consider an older BMW or one with a four-cylinder engine. This will help cut costs dramatically.
Regardless of which vehicle you choose to buy, don’t forget to shop around for quotes to get a low rate. The free
Jerry
app can provide affordable quotes in seconds, allowing you to find the cheapest premium.”View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies