BMW I4 M50 Insurance Rates

U.S. average insurance rates for a BMW i4 M50 are $2,224 a year for full coverage. Comprehensive costs around $478, collision insurance costs $958, and liability is estimated at $570. A policy with just liability insurance costs approximately $650 a year, and coverage for high-risk drivers costs around $4,840. Teen drivers pay the highest rates at up to $8,186 a year.

Average premium for full coverage: $2,224

Price estimates for individual coverage:

Price estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all states and for all i4 M50 models.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on auto insurance rates. Areas with sparse population have a lower frequency of accident claims than larger metro areas. The example below illustrates how geographic area affects auto insurance rates.

The ranges above show why everyone should get quotes for a specific zip code and risk profile, instead of using price averages.

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

Additional Rate Information

The chart below shows average BMW i4 M50 insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $1,254
• Choosing higher $1,000 deductibles can save about $324 a year
• The average rate for the average middle-age driver using $500 deductibles is $2,224
• Choosing pricier low deductibles for comp and collision coverage will increase the cost to $2,860
• Unlucky drivers with multiple violations and an at-fault accident could pay at least $4,840
• The price for full coverage for a teen driver for full coverage can be $8,186 each year

View Chart as Image

Insurance prices for a BMW i4 M50 are also quite variable based on your driving record, the trim level of your i4 M50, and deductibles and policy limits.

A more mature driver with a clean driving record and high deductibles may pay as little as $2,000 annually on average for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay as much as $8,100 a year. View Rates by Age

The state you live in plays a big part in determining prices for BMW i4 M50 insurance prices. A good driver about age 40 could pay as low as $1,470 a year in states like Idaho, Maine, and Iowa, or as much as $3,170 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles can save as much as $960 every year, whereas buying more liability protection will increase prices. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $513 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying at least $2,600 to $3,600 extra each year, depending on your age. BMW i4 M50 insurance for high-risk drivers ranges as much as 44% to 130% more than average. View High Risk Driver Rates

How to Find Cheaper BMW i4 M50 Insurance

Getting lower rates on car insurance takes having a decent driving record, maintaining good credit, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Invest the time to compare rates every couple of years by getting quotes from direct carriers like Progressive and GEICO, and also from local insurance agents.

The following items are a condensed summary of the material that was presented in the illustrations above.

• Policyholders who may need additional liability coverage will pay about $630 each year to raise limits from a low limit to 250/500 limits
• 16 to 18-year-old drivers pay higher prices, with premiums as much as $682 a month for full coverage
• Higher risk drivers with multiple at-fault accidents may be required to pay an average of $2,620 more every year than a driver with a clean driving record
• Increasing physical damage deductibles can save around $950 each year