BMW Z4 Insurance Rates

Is insurance expensive for a BMW Z4 compared to other vehicles? Whether you are shopping for 2020 or 2003 BMW Z4 insurance costs, average rates will be around $1,530 a year or $127 a month. Read on to learn more about the BMW Z4 cost of insurance and how to save.

To find the best BMW Z4 insurance rates in your area, enter your ZIP code in our free tool above to get BMW Z4 insurance quotes.

Average insurance rates for a BMW Z4 are $994 a year for full coverage insurance. Comprehensive insurance costs an estimated $194, collision insurance costs $262, and liability coverage is estimated at $402. Buying just liability costs approximately $446 a year, and insurance for high-risk drivers costs $2,130 or more. 16-year-old drivers receive the highest rates at up to $3,850 a year.

Average premium for full coverage: $994

Rate estimates broken down by individual coverage type:

These estimates include $500 policy deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 states and for all Z4 models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a large influence on the price of insurance. More rural locations tend to have lower incidents of physical damage claims than congested cities. The example below illustrates how location helps determine insurance prices.

These examples illustrate why everyone should get quotes for a targeted area, rather than using rate averages.

Use the form below to get customized rates for your location.

Detailed Rate Analysis

The chart below illustrates average BMW Z4 insurance rates for other coverage scenarios.

• The best full coverage rate is $594
• Choosing higher $1,000 deductibles can save approximately $104 each year
• The estimated price for a 40-year-old driver who has $500 deductibles is $994
• Buying pricier low deductibles for comp and collision coverage will cost an additional $196 each year
• Drivers with multiple tickets or accidents could pay up to $2,130
• The cost that insures a teenage driver for full coverage can cost as much as $3,850 each year

View Chart as Image

Auto insurance rates for a BMW Z4 can also vary considerably based on the model of your Z4, your age and driving record, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are probably paying $1,200 to $1,600 in extra premium per year, depending on your age. BMW Z4 insurance for high-risk drivers ranges around 42% to 135% more than the average rate. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles may only pay around $900 annually on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will have to pay at least $3,800 a year. View Rates by Age

Where you live plays a big part in determining prices for BMW Z4 insurance rates. A good driver about age 40 could pay as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,340 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $300 a year, whereas buying more liability protection will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $362 extra every year. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Rates assume 2011 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheap BMW Z4 Insurance

Saving money on auto insurance takes being safe and accident-free, maintaining a good credit score, avoid buying unnecessary coverage, and consideration of higher deductibles. Comparison shop every couple of years by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

Below you'll find a brief summary of the material that was covered in the charts and tables above.

• Consumers who want more liability protection will pay around $440 annually to raise limits from a minimum limit to the 250/500 level
• Youthful drivers are the costliest to insure, costing up to $321 per month if the policy includes full coverage
• Drivers that tend to have accidents or serious violations may have to pay on average $1,140 more annually than a low-risk driver
• Increasing deductibles can save approximately $300 each year

The best way to reduce your BMW Z4 insurance costs is to get quotes. To find out how much is a BMW Z4 to insure in your area and save on BMW Z4 insurance prices, use our free tool below.

What are the safety ratings of the BMW Z4?

Some of the standard safety features on the BMW Z4 are a rearview camera, lane departure warning, and blind-spot monitoring, which is great. Advanced safety features like these can help reduce the risk of a crash, improving BMW Z4 safety ratings.

However, the Insurance Institute of Highway Safety (IIHS) has not crash-tested the BMW Z4. This means insurers will base rates on the BMW Z4 old claim records. If a vehicle has a history of crashes and claims, this means the vehicle will have higher rates.

BMW Z4 Compared Against Other Vehicles in the Same Class

The BMW Z4 is a luxury vehicle. Because owners of these vehicles are more likely to speed due to the powerful engines in luxury vehicles, the BMW Z4’s liability rates will be slightly higher than a non-luxury vehicle. Take a look at the list of luxury vehicles below to see how the price of BMW Z4 insurance rates compares.

• Acura TLX Insurance Rates
• Audi A3 Insurance Rates
• Audi A4 Insurance Rates

Ready to find savings for your BMW Z4? To find out how much does a BMW Z4 cost to insure in your area and find the best rates, use our free rate comparison tool.