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Auto Insurance Premium Report
1962 BMW 501

Quick Facts

An average American pays $1,740.44 a year on auto insurance for 1962 BMW 501. Insurance Calculator Inc. has helped many owners save over $443.22 a year on this vehicle.

Vehicle Specifications

Make: BMW
Model: 501
Year: 1962
Engine Position: Front
Engine Size (cc): 2580
Numer of Cylinders: 8
Engine Type: in-line
Fuel Type: Gasoline
Fuel Tank (Litres): 75
Drive: Rear
Seats: 5
Vehicle Weight (kg): 1345
Length (mm): 4740
Width (mm): 1790
Height (mm): 1540
Wheelbase Size (mm): 2840

Compare Insurance Quotes

By referencing the chart below, you can compare the average insurance rates for different age groups, number of drivers, and drivers with at-fault accidents in the past 5 years. Please note that the numbers are national averages and will differ from state to state.

Insurance Rates Reference Chart

Age GroupAt-Fault Accidents Within 5 Years
None1 accident2 accidents3 accidents4+ accidents
Drivers
12
12
12
12
12
16-19
$2263 $2611
$2437 $2785
$2785 $3133
$3307 $3655
$4003 $4351
20-24
$1932 $2297
$2106 $2471
$2454 $2820
$2976 $3342
$3672 $4038
25-29
$1775 $1967
$1949 $2141
$2297 $2489
$2820 $3011
$3516 $3707
30-39
$1619 $1810
$1793 $1984
$2141 $2332
$2663 $2854
$3359 $3550
40-49
$1462 $1653
$1636 $1827
$1984 $2176
$2506 $2698
$3202 $3394
50-54
$1497 $1706
$1671 $1880
$2019 $2228
$2541 $2750
$3237 $3446
55-59
$1862 $2054
$2036 $2228
$2384 $2576
$2907 $3098
$3603 $3794
60-64
$2071 $2280
$2245 $2454
$2593 $2802
$3115 $3324
$3812 $4020
65-69
$2437 $2663
$2611 $2837
$2959 $3185
$3481 $3707
$4177 $4403
70-74
$3655 $4351
$3829 $4525
$4177 $4873
$4699 $5395
$5395 $6092
75+
$5343 $7136
$5517 $7310
$5865 $7658
$6387 $8180
$7084 $8876

Please note that there are many other factors that may have an impact on the cost of auto insurance coverage for this vehicle.

Average Auto Insurance Premium Per State For:
1962 BMW 501

StateState AverageOur AverageAverage SavingFree Quotes
Alabama$1,722.80$1,447.47$275.33 (15.98%)
Alaska$2,668.05$2,139.37$528.68 (19.82%)
Arizona$2,005.54$1,605.07$400.47 (19.97%)
Arkansas$2,005.54$1,647.27$358.27 (17.86%)
California$1,819.82$1,457.64$362.18 (19.90%)
Colorado$1,961.19$1,615.91$345.28 (17.61%)
Connecticut$2,845.46$2,160.95$684.50 (24.06%)
Delaware$3,083.85$2,300.94$782.91 (25.39%)
District of Columbia$3,227.99$2,357.95$870.05 (26.95%)
Florida$2,317.39$1,860.23$457.16 (19.73%)
Georgia$1,934.86$1,399.24$535.62 (27.68%)
Hawaii$1,527.37$1,264.35$263.02 (17.22%)
Idaho$1,628.55$1,359.35$269.20 (16.53%)
Illinois$1,844.77$1,534.70$310.06 (16.81%)
Indiana$1,805.96$1,473.53$332.43 (18.41%)
Iowa$1,441.44$1,225.03$216.41 (15.01%)
Kansas$2,146.91$1,689.37$457.55 (21.31%)
Kentucky$2,360.36$1,787.25$573.11 (24.28%)
Louisiana$2,913.37$2,206.11$707.26 (24.28%)
Maine$1,602.22$1,404.50$197.71 (12.34%)
Maryland$3,006.23$2,299.61$706.62 (23.51%)
Massachusetts$1,542.62$1,300.66$241.95 (15.68%)
Michigan$2,816.35$2,146.10$670.26 (23.80%)
Minnesota$2,160.77$1,745.15$415.62 (19.23%)
Mississippi$1,703.39$1,430.55$272.85 (16.02%)
Missouri$2,059.60$1,717.46$342.13 (16.61%)
Montana$2,031.88$1,700.77$331.10 (16.30%)
Nebraska$1,961.19$1,580.51$380.68 (19.41%)
Nevada$2,557.17$2,021.49$535.68 (20.95%)
New Hampshire$1,828.13$1,494.22$333.92 (18.27%)
New Jersey$3,467.77$2,500.86$966.92 (27.88%)
New Mexico$2,304.92$1,779.47$525.45 (22.80%)
New York$3,197.50$2,441.84$755.66 (23.63%)
North Carolina$1,944.56$1,603.44$341.12 (17.54%)
North Dakota$1,774.08$1,483.19$290.89 (16.40%)
Ohio$1,726.96$1,423.73$303.23 (17.56%)
Oklahoma$2,569.64$2,018.51$551.13 (21.45%)
Oregon$2,138.60$1,720.80$417.80 (19.54%)
Pennsylvania$2,431.04$1,933.51$497.53 (20.47%)
Rhode Island$3,185.03$2,386.75$798.28 (25.06%)
South Carolina$2,163.55$1,762.04$401.51 (18.56%)
South Dakota$1,688.15$1,426.44$261.70 (15.50%)
Tennessee$1,896.05$1,559.06$336.99 (17.77%)
Texas$2,177.41$1,743.46$433.94 (19.93%)
Utah$2,034.65$1,644.64$390.01 (19.17%)
Vermont$1,756.06$1,512.35$243.71 (13.88%)
Virginia$1,890.50$1,581.62$308.88 (16.34%)
Washington$2,270.27$1,768.84$501.43 (22.09%)
West Virginia$2,582.12$2,026.43$555.69 (21.52%)
Wisconsin$1,647.95$1,429.05$218.90 (13.28%)
Wyoming$1,988.91$1,643.55$345.36 (17.36%)