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.

The average auto insurance rates for a BMW Z4 are $994 annually for full coverage insurance. Comprehensive insurance costs on average $194 a year, collision insurance costs $262, and liability is $402. Buying just liability costs around $446 a year, and insurance for high-risk drivers costs $2,130 or more. Teenage drivers cost the most to insure at up to $3,850 a year.

Average premium for full coverage: $994

Policy rates by type of insurance:

Full coverage includes $500 policy deductibles, 30/60 liability coverage, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 states and Z4 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on insurance rates. Rural areas are shown to have fewer physical damage claims than densely populated cities. The diagram below illustrates the difference location can make on car insurance rates.

The examples above illustrate why it is important to compare rates quotes based on a specific location and their own personal driving habits, instead of making a decision based on average rates.

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

Additional Rate Details

The chart below illustrates average BMW Z4 insurance rates for different risk profiles and scenarios.

• The best discount rate is $594
• Raising to $1,000 deductibles will save around $890 each year
• The estimated rate for a good driver age 40 with $500 deductibles is $994
• Using low $100 deductibles costs an additional $196 annually
• Drivers who are prone to accidents and violations could pay upwards of $2,130
• Policy cost with full coverage for a 16-year-old driver may cost $3,850

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Insurance rates for a BMW Z4 also range considerably based on the model year and trim level, your risk profile, and policy deductibles and limits.

Older drivers with a clean driving record and high physical damage deductibles may pay as low as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay upwards of $3,800 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying at a minimum $1,200 to $1,600 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 42% to 135% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $300 annually, while buying higher liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $362 more per year. View Rates by Deductible or Liability Limit

Your home state also has a big influence on BMW Z4 insurance prices. A middle-age driver might find rates as low as $650 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,340 on average in Michigan, New York, and Florida.

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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 Buy More Affordable BMW Z4 Insurance

Finding cheaper rates on insurance for a BMW Z4 consists of being a good driver, having a good credit history, being claim-free, and determing if full coverage is necessary. Make time to compare rates every year by getting price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following list is a summary of the coverage data touched on in this article.

• It is possible to save as much as $110 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $300 each year
• Drivers age 16 to 20 pay the highest rates, possibly costing $321 each month including comprehensive and collision insurance
• Drivers considered higher risk who have multiple accidents or major violations may pay on average $1,140 more each year than a safer driver

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.