BMW I4 M50 Insurance Rates

Average auto insurance rates for a BMW i4 M50 are $2,240 annually for full coverage insurance. Comprehensive insurance costs on average $494 each year, collision insurance costs $982, and liability costs around $546. Buying just liability costs as low as $630 a year, and insurance for high-risk drivers costs $4,872 or more. Teenage drivers receive the highest rates at up to $8,192 a year.

Average premium for full coverage: $2,240

Rate estimates by individual coverage type:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and i4 M50 models.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on insurance rates. Rural areas tend to have fewer physical damage claims than densely populated cities. The graphic below illustrates the difference between rural and urban areas on car insurance rates.

These examples illustrate why all drivers should compare prices based on a specific location and their own personal driving habits, instead of using average rates.

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

Additional Charts and Tables

The chart below illustrates average BMW i4 M50 insurance rates for different risk profiles and scenarios.

• The best discount rate is $1,261
• Using higher $1,000 deductibles will save around $334 each year
• The estimated rate for a 40-year-old driver with $500 deductibles is $2,240
• Using low deductibles for physical damage coverage costs an additional $656 every year
• Drivers who are prone to accidents and violations could pay upwards of $4,872
• The cost with full coverage for a teen driver may cost $8,192 or more

View Chart as Image

Auto insurance rates for a BMW i4 M50 can also vary considerably based on the trim level of your i4 M50, your risk profile, and policy deductibles and limits.

More mature drivers with a good driving record and high physical damage deductibles may pay as little as $2,100 a year for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will have to pay upwards of $8,100 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying at a minimum $2,600 to $3,600 in extra premium per year, depending on your age. Insurance for high-risk drivers can be as much as 44% to 129% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $990 every year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $492 extra every year. View Rates by Deductible or Liability Limit

Where you live has a huge impact on BMW i4 M50 insurance prices. A driver around age 40 might see rates as low as $1,460 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $3,020 on average in Michigan, New York, and Florida.

View Chart as Image

How to Buy the Best BMW i4 M50 Insurance

Saving money on car insurance requires having a decent driving record, having above-average credit, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Set aside time to compare rates every year by requesting rates from direct insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.

The following items are a brief recap of the coverage data covered above.

• It is possible to save as much as $280 per year just by quoting online in advance
• Increasing deductibles could save up to $1,000 each year
• 16 to 18-year-old drivers are charged the highest rates, costing up to $683 per month if full coverage is included
• Higher risk drivers who tend to receive serious violations may pay on average $2,630 more each year than a driver with a clean driving record