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 $1,032 annually with full coverage. Comprehensive costs approximately $206 each year, collision insurance costs $288, and liability coverage costs $402. Buying just liability costs as little as $446 a year, and insurance for high-risk drivers costs around $2,216. 16-year-old drivers cost the most to insure at up to $3,972 a year.

Average premium for full coverage: $1,032

Policy rates by type of insurance:

Prices include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and Z4 models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of insurance. Rural locations are shown to have fewer collision claims than congested cities. The graphic below illustrates how your location can change auto insurance prices.

The examples above demonstrate why all drivers should compare rates using their specific location and their own personal driving habits, rather than using rate averages.

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

Rates by State, City, and Model

The chart below details average BMW Z4 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $613
• Drivers who choose higher $1,000 deductibles will pay $114 annually
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,032
• Buying low deductibles for comprehensive and collision insurance will cost $1,246
• High-risk insureds with multiple tickets or accidents could pay around $2,216
• Policy cost with full coverage for a teenage driver can cost $3,972 a year

View Chart as Image

Insurance rates for a BMW Z4 also range considerably based on the model year and trim level, your driving record, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high physical damage deductibles may only pay around $1,000 per year on average, or $83 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay in the ballpark of $3,900 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out anywhere from $1,200 to $1,700 extra every year, depending on your age. Insurance for high-risk drivers can cost around 43% to 130% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $330 a year, whereas increasing liability limits will push rates upward. Moving 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 makes a big difference in BMW Z4 insurance rates. A 40-year-old driver could pay as low as $740 a year in states like Utah, Ohio, and New Hampshire, or at least $1,390 on average in New York, Michigan, and Florida.

View Chart as Image

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 the Right BMW Z4 Insurance

Finding cheaper rates on auto insurance not only requires being a safe and courteous driver, but also having a good credit history, not filing small claims, and possibly raising deductibles. Invest the time to shop around every other policy renewal by getting quotes from direct companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

Below is a quick rundown of the ideas that were illustrated above.

• Teenage drivers are expensive to insure, as much as $331 each month including comprehensive and collision insurance
• Drivers with reckless driving or DUI convictions may pay on average $1,180 more per year for auto insurance
• Increasing comprehensive and collision deductibles could save up to $325 each year
• You may be able to save around $120 per year just by quoting online in advance

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.