BMW I4 M50 Insurance Rates

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UPDATED: Mar 28, 2024

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Estimated insurance prices for a BMW i4 M50 are $2,240 every 12 months with full coverage. Comprehensive costs on average $494, collision costs $982, and liability coverage is $546. A liability-only policy costs around $630 a year, with high-risk insurance costing around $4,872. 16-year-old drivers pay the most at $8,192 a year or more.

Average premium for full coverage: $2,240

Premium estimates by type of coverage:

Comprehensive $494
Collision $982
Liability $546

Price estimates include $500 physical damage insurance deductibles, liability limits of 30/60, and includes UM/UIM and medical coverage. Rates include averaging for all U.S. states and for all i4 M50 models.

Insurance Price Range by Risk and Coverage

For a driver in their 40's, insurance rates for a BMW i4 M50 go from the cheapest price of $630 for a discount liability-only rate to the much higher price of $4,872 for a driver that may need high-risk insurance.

Liability Only $630
Full Coverage $2,240
High Risk $4,872

Insurance Price Range by Location

Choosing to live in a large city has a large influence on auto insurance rates. Rural areas are statistically proven to have more infrequent collision claims than congested cities.

The example below illustrates how location helps determine car insurance rates.

Rural Areas $1,680
Small Cities $2,352
Large Cities $3,024

These rate differences demonstrate why everyone should compare rates quotes based on a specific location and their own driving history, rather than using rate 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.

Rates by State, City, and Model

The chart below details estimated BMW i4 M50 insurance rates for different risk profiles and scenarios.

  • The best full coverage rate is $1,261
  • Raising to $1,000 deductibles will save around $334 annually
  • The average price for a 40-year-old good driver with $500 deductibles is $2,240
  • Buying pricier low deductibles increases the price to $2,896
  • Unlucky drivers with multiple tickets or accidents could pay upwards of $4,872 or more
  • An auto insurance policy to insure a teenage driver for full coverage may cost $8,192

View Chart as Image

BMW i4 M50 insurance cost comparison chart
Column chart showing full coverage BMW i4 M50 insurance rates range from $1,261 to $8,192

Auto insurance prices for a BMW i4 M50 also have a wide range based on physical damage deductibles and liability limits, your driving record, and the trim level of your i4 M50.

Opting for high physical damage deductibles can reduce prices by up to $990 a year, whereas buying more liability protection will cost you more. Moving from a 50/100 liability limit to a 250/500 limit will cost up to $492 extra every year. View Rates by Deductible or Liability Limit

A more mature driver with a good driving record and higher deductibles may only pay around $2,100 every 12 months on average, or $175 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers will have to pay upwards of $8,100 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you may be forking out at a minimum $2,600 to $3,600 in extra premium annually, depending on your age. BMW i4 M50 insurance for high-risk drivers is expensive and can cost around 44% to 129% more than the average rate. View High Risk Driver Rates

Where you choose to live also has a big influence on BMW i4 M50 insurance rates. A middle-age driver might find prices as low as $1,610 a year in states like New Hampshire, Ohio, and Utah, or at least $3,020 on average in Florida, Michigan, and New York.

BMW i4 M50 Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $2,024 -$216 -9.6%
Alaska $1,718 -$522 -23.3%
Arizona $1,860 -$380 -17.0%
Arkansas $2,240 -$0 0.0%
California $2,554 $314 14.0%
Colorado $2,140 -$100 -4.5%
Connecticut $2,304 $64 2.9%
Delaware $2,536 $296 13.2%
Florida $2,800 $560 25.0%
Georgia $2,070 -$170 -7.6%
Hawaii $1,610 -$630 -28.1%
Idaho $1,520 -$720 -32.1%
Illinois $1,670 -$570 -25.4%
Indiana $1,688 -$552 -24.6%
Iowa $1,514 -$726 -32.4%
Kansas $2,126 -$114 -5.1%
Kentucky $3,054 $814 36.3%
Louisiana $3,316 $1,076 48.0%
Maine $1,384 -$856 -38.2%
Maryland $1,848 -$392 -17.5%
Massachusetts $1,792 -$448 -20.0%
Michigan $3,890 $1,650 73.7%
Minnesota $1,876 -$364 -16.3%
Mississippi $2,682 $442 19.7%
Missouri $1,988 -$252 -11.3%
Montana $2,408 $168 7.5%
Nebraska $1,764 -$476 -21.3%
Nevada $2,686 $446 19.9%
New Hampshire $1,614 -$626 -27.9%
New Jersey $2,504 $264 11.8%
New Mexico $1,984 -$256 -11.4%
New York $2,358 $118 5.3%
North Carolina $1,290 -$950 -42.4%
North Dakota $1,832 -$408 -18.2%
Ohio $1,546 -$694 -31.0%
Oklahoma $2,298 $58 2.6%
Oregon $2,054 -$186 -8.3%
Pennsylvania $2,134 -$106 -4.7%
Rhode Island $2,988 $748 33.4%
South Carolina $2,028 -$212 -9.5%
South Dakota $1,888 -$352 -15.7%
Tennessee $1,960 -$280 -12.5%
Texas $2,702 $462 20.6%
Utah $1,658 -$582 -26.0%
Vermont $1,534 -$706 -31.5%
Virginia $1,342 -$898 -40.1%
Washington $1,730 -$510 -22.8%
West Virginia $2,054 -$186 -8.3%
Wisconsin $1,552 -$688 -30.7%
Wyoming $1,994 -$246 -11.0%

View Chart as Image

BMW i4 M50 insurance rates by U.S. city

With such a large range in prices, the best way to find out exactly what you will pay is to regularly compare prices and see how they stack up. Every auto insurance company utilizes a different rate formula, and quoted prices will be substantially different.

BMW i4 M50 Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 BMW i4 M50 $516 $990 $534 $2,258
2023 BMW i4 M50 $494 $982 $546 $2,240
2022 BMW i4 M50 $478 $958 $570 $2,224

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 Shop for Cheaper BMW i4 M50 Insurance

Finding better rates on auto insurance consists of being a low-risk driver, having a good credit score, being claim-free, and taking advantage of discounts. Invest time comparing rates once a year by obtaining price quotes from direct companies, and also from local exclusive and independent agents.

The items below are a condensed summary of the data that was covered in the charts and tables above.

  • You may be able to save as much as $280 per year simply by quoting online well ahead of the renewal date
  • Consumers who require more liability coverage will pay around $600 every year to raise from 30/60 bodily injury limits to a 250/500 level
  • Teen drivers are charged the highest prices, possibly costing $683 per month if comprehensive and collision insurance is included
  • Drivers with multiple at-fault accidents may pay on average $2,630 more each year to insure their i4 M50

Rates by Driver Age

BMW i4 M50 Insurance Rates by Driver Age
Driver Age Premium
16 $8,192
20 $5,200
30 $2,354
40 $2,240
50 $2,046
60 $2,008

Full coverage, $500 deductibles

Rates by Deductible

BMW i4 M50 Insurance Rates with Different Deductibles
Deductible Premium
$100 $2,896
$250 $2,590
$500 $2,240
$1,000 $1,906

Full coverage, driver age 40

Rates by Liability Limit

BMW i4 M50 Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $2,240
50/100 $2,349
100/300 $2,486
250/500 $2,841
100 CSL $2,404
300 CSL $2,704
500 CSL $2,923

Full coverage, driver age 40

Rates for High Risk Drivers

BMW i4 M50 Insurance Rates for High Risk Drivers
Age Premium
16 $11,746
20 $8,282
30 $4,996
40 $4,872
50 $4,646
60 $4,604

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.

SR-22 Surcharge $319

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $121
Multi-vehicle $117
Homeowner $31
5-yr Accident Free $175
5-yr Claim Free $147
Paid in Full/EFT $110
Advance Quote $116
Online Quote $162
Total Discounts $979
Rate after discounts $1,261

Discounts are estimated and may not be available from every company or in every state.

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