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.

Average insurance rates for a BMW Z4 are $994 a year for full coverage insurance. Comprehensive costs an estimated $194 a year, collision insurance costs $262, and liability insurance is estimated at $402. A liability-only policy costs approximately $446 a year, and high-risk insurance costs around $2,130. 16-year-old drivers receive the highest rates at up to $3,850 a year.

Average premium for full coverage: $994

Rate estimates broken down by individual coverage type:

Includes $500 policy deductibles, liability limits of 30/60, and includes medical and UM/UIM coverage. Rates are averaged for all 50 states and Z4 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than congested cities. The diagram below illustrates how location impacts insurance prices.

These examples illustrate why it is important to get quotes for a targeted area and risk profile, rather than relying on rate averages.

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

More Rate Details

The chart below illustrates average BMW Z4 insurance rates for other coverage scenarios.

• The best full coverage rate is $594
• Choosing higher $1,000 deductibles can save approximately $890 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $994
• Buying low $100 deductibles for comp and collision coverage will increase the cost to $1,190
• High-risk insureds with multiple tickets or accidents could pay up to $2,130
• The cost for full coverage for a teen driver can cost as much as $3,850 each year

View Chart as Image

Insurance rates for a BMW Z4 can also vary considerably based on your driver profile, the model year and trim level, and liability limits and deductibles.

Older drivers with a clean driving record and high deductibles could pay as little as $900 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers can expect to pay at least $3,800 a year. View Rates by Age

Where you live plays a big part in determining prices for BMW Z4 insurance rates. A good driver about age 40 could pay as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,340 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $300 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $362 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,200 to $1,600 extra per year, depending on your age. A high-risk auto insurance policy ranges anywhere from 42% to 135% more than the average rate. View High Risk Driver Rates

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 Find the Cheapest BMW Z4 Insurance

Saving money on BMW Z4 insurance takes being safe and accident-free, maintaining good credit, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Spend time shopping around once a year by quoting rates from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

Below you'll find a recap of the data that was touched on above.

• It is possible to save approximately $110 per year just by quoting early and online
• Drivers who want more liability protection will pay around $440 annually to raise limits from a minimum limit to 250/500 limits
• Youthful drivers are charged the highest rates, costing up to $321 per month for full coverage
• High-risk drivers that have major violations or accidents pay on average $1,140 more annually than a low-risk driver

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.