BMW I4 M50 Insurance Rates
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UPDATED: Mar 28, 2024
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U.S. average insurance rates for a BMW i4 M50 are $2,224 a year for full coverage. Comprehensive insurance costs an estimated $478 a year, collision costs $958, and liability coverage costs $570. Liability-only coverage costs as little as $650 a year, with high-risk coverage costing $4,840 or more. Teen drivers pay the highest rates at $8,186 a year or more.
Average premium for full coverage: $2,224
Price estimates broken down by individual coverage:
These estimates include $500 policy deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all states and i4 M50 trim levels.
Price Range from Low to High
For a driver in their 40's, BMW i4 M50 insurance prices go from the low end price of $650 for just the minimum liability insurance to a high of $4,840 for a driver required to buy high-risk insurance.
Geographic Price Range
Your location has a large influence on insurance rates. More rural locations have lower incidents of accident claims than larger metro areas.
The diagram below illustrates how location helps determine insurance prices.
The ranges above show why it is important to compare rates for a targeted area, rather than using price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Additional Rate Analysis
The chart below shows estimated BMW i4 M50 insurance rates for other coverage scenarios.
- The lowest rate with discounts is $1,254
- Drivers who choose higher $1,000 deductibles will pay approximately $1,900 a year
- The estimated price for the average middle-age driver who has $500 deductibles is $2,224
- Choosing low $100 deductibles for comprehensive and collision insurance will cost an additional $636 each year
- High-risk insureds with multiple violations and an at-fault accident could pay up to $4,840 or more
- The price that insures a teenage driver can cost as much as $8,186 a year
Auto insurance prices for a BMW i4 M50 are also quite variable based on the trim level of your i4 M50, how you drive, and liability limits and deductibles.
If you have some driving violations or you caused an accident, you could be paying $2,600 to $3,600 in extra premium each year, depending on your age. A high-risk auto insurance policy can cost around 44% to 130% more than average. View High Risk Driver Rates
Older drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $2,000 per year on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will have to pay at least $8,100 a year. View Rates by Age
The state you live in makes a big difference in BMW i4 M50 insurance rates. A 40-year-old driver could pay as low as $1,470 a year in states like Iowa, Maine, and Idaho, or as much as $3,170 on average in New York, Louisiana, and Michigan.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $2,010 | -$214 | -9.6% |
| Alaska | $1,704 | -$520 | -23.4% |
| Arizona | $1,846 | -$378 | -17.0% |
| Arkansas | $2,224 | -$0 | 0.0% |
| California | $2,534 | $310 | 13.9% |
| Colorado | $2,124 | -$100 | -4.5% |
| Connecticut | $2,284 | $60 | 2.7% |
| Delaware | $2,514 | $290 | 13.0% |
| Florida | $2,780 | $556 | 25.0% |
| Georgia | $2,056 | -$168 | -7.6% |
| Hawaii | $1,598 | -$626 | -28.1% |
| Idaho | $1,508 | -$716 | -32.2% |
| Illinois | $1,656 | -$568 | -25.5% |
| Indiana | $1,676 | -$548 | -24.6% |
| Iowa | $1,504 | -$720 | -32.4% |
| Kansas | $2,112 | -$112 | -5.0% |
| Kentucky | $3,034 | $810 | 36.4% |
| Louisiana | $3,292 | $1,068 | 48.0% |
| Maine | $1,374 | -$850 | -38.2% |
| Maryland | $1,834 | -$390 | -17.5% |
| Massachusetts | $1,778 | -$446 | -20.1% |
| Michigan | $3,862 | $1,638 | 73.7% |
| Minnesota | $1,862 | -$362 | -16.3% |
| Mississippi | $2,662 | $438 | 19.7% |
| Missouri | $1,972 | -$252 | -11.3% |
| Montana | $2,390 | $166 | 7.5% |
| Nebraska | $1,752 | -$472 | -21.2% |
| Nevada | $2,666 | $442 | 19.9% |
| New Hampshire | $1,600 | -$624 | -28.1% |
| New Jersey | $2,484 | $260 | 11.7% |
| New Mexico | $1,968 | -$256 | -11.5% |
| New York | $2,342 | $118 | 5.3% |
| North Carolina | $1,282 | -$942 | -42.4% |
| North Dakota | $1,820 | -$404 | -18.2% |
| Ohio | $1,536 | -$688 | -30.9% |
| Oklahoma | $2,280 | $56 | 2.5% |
| Oregon | $2,038 | -$186 | -8.4% |
| Pennsylvania | $2,120 | -$104 | -4.7% |
| Rhode Island | $2,966 | $742 | 33.4% |
| South Carolina | $2,012 | -$212 | -9.5% |
| South Dakota | $1,876 | -$348 | -15.6% |
| Tennessee | $1,944 | -$280 | -12.6% |
| Texas | $2,680 | $456 | 20.5% |
| Utah | $1,648 | -$576 | -25.9% |
| Vermont | $1,520 | -$704 | -31.7% |
| Virginia | $1,332 | -$892 | -40.1% |
| Washington | $1,716 | -$508 | -22.8% |
| West Virginia | $2,038 | -$186 | -8.4% |
| Wisconsin | $1,540 | -$684 | -30.8% |
| Wyoming | $1,982 | -$242 | -10.9% |
Choosing high deductibles could save up to $960 a year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $513 extra every year. View Rates by Deductible or Liability Limit
Since prices can be so different, the only way to know which car insurance is cheapest is to get quotes and see how they stack up. Every company uses a different rate calculation, and quoted prices may be quite different.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 BMW i4 M50 | $494 | $982 | $546 | $2,240 |
| 2023 BMW i4 M50 | $478 | $958 | $570 | $2,224 |
| 2022 BMW i4 M50 | $462 | $918 | $588 | $2,186 |
Rates are averaged for all BMW i4 M50 models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find Cheap BMW i4 M50 Insurance
Getting lower rates on auto insurance not only requires being a good driver, but also maintaining a good credit score, eliminating unnecessary coverage, and qualifying for all possible discounts. Shop around at every policy renewal by getting quotes from direct carriers, and also from your local independent and exclusive agents.
The following list is a brief summary of the data covered in the charts and tables above.
- Consumers who want an increased level of liability coverage will pay about $630 each year to go from a low limit to the 250/500 level
- Drivers can save approximately $280 per year simply by quoting early and online
- Increasing physical damage deductibles can save approximately $950 each year
- Drivers age 16 to 20 are the costliest to insure, with premiums as much as $682 a month if the policy includes full coverage
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $8,186 |
| 20 | $5,170 |
| 30 | $2,334 |
| 40 | $2,224 |
| 50 | $2,032 |
| 60 | $1,994 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $2,860 |
| $250 | $2,564 |
| $500 | $2,224 |
| $1,000 | $1,900 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $2,224 |
| 50/100 | $2,338 |
| 100/300 | $2,481 |
| 250/500 | $2,851 |
| 100 CSL | $2,395 |
| 300 CSL | $2,709 |
| 500 CSL | $2,937 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $11,732 |
| 20 | $8,236 |
| 30 | $4,960 |
| 40 | $4,840 |
| 50 | $4,618 |
| 60 | $4,576 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $120 |
| Multi-vehicle | $117 |
| Homeowner | $31 |
| 5-yr Accident Free | $173 |
| 5-yr Claim Free | $146 |
| Paid in Full/EFT | $108 |
| Advance Quote | $115 |
| Online Quote | $160 |
| Total Discounts | $970 |
Discounts are estimated and may not be available from every company or in every state.
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