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 $870 a year for full coverage. Comprehensive insurance costs approximately $160, collision insurance costs $198, and liability insurance is estimated at $376. Buying just liability costs approximately $426 a year, and insurance for high-risk drivers costs $1,856 or more. Teen drivers receive the highest rates at up to $3,428 a year.

Average premium for full coverage: $870

Rate estimates by individual coverage type:

Rate estimates include $500 deductible amounts, minimum liability limits, and includes uninsured motorist and medical coverage. Rates are averaged for all states and for all Z4 models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on car insurance rates. Rural locations tend to have a lower frequency of accident claims than larger metro areas. The example below illustrates the effect of geographic area on auto insurance prices.

These examples show why everyone should get quotes using their specific location and risk profile, rather than relying on price averages.

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

Additional Rate Information

The chart below shows average BMW Z4 insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $529
• Choosing higher $1,000 deductibles can save $82 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $870
• Choosing pricier low deductibles for comp and collision coverage will cost an extra $154 a year
• High-risk insureds with multiple violations and an at-fault accident could pay around $1,856
• The cost for full coverage for a teen driver for full coverage can cost $3,428 each year

View Chart as Image

Auto insurance rates for a BMW Z4 can also vary considerably based on your driver profile, the trim level of your Z4, and physical damage deductibles and liability limits.

A more mature driver with a good driving record and high deductibles could pay as little as $800 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay in the ballpark of $3,400 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 $570 a year in states like Iowa, Maine, and Idaho, or as much as $1,240 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles can save as much as $240 each year, whereas buying more liability protection will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $339 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,000 to $1,500 in extra premium per year, depending on your age. BMW Z4 insurance for high-risk drivers ranges anywhere from 44% to 128% more than average. View High Risk Driver Rates

Insurance Rates by Trim Level and Model Year

Rates assume 2003 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 the Best BMW Z4 Insurance

Saving money on BMW Z4 insurance takes having a good driving record, having good credit, eliminating unneeded coverage, and possibly higher deductibles. Take the time to compare rates every couple of years by getting rate quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The next list is a brief recap of the material that was covered in the above illustrations.

• Drivers who purchase increased levels of liability coverage will pay about $410 each year to raise limits from a minimum limit to 250/500 limits
• Drivers age 20 and younger have the highest car insurance rates, costing as high as $286 per month if they have full coverage
• High-risk drivers who tend to receive serious violations may pay on average $990 more per year to buy BMW Z4 insurance
• Increasing deductibles can save around $225 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.