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 insurance rates for a BMW Z4 are $994 a year for full coverage insurance. Comprehensive insurance costs approximately $194, collision costs $262, and liability is $402. Liability-only coverage costs around $446 a year, with high-risk coverage costing $2,130 or more. Teenage drivers cost the most to insure at $3,850 a year or more.

Average premium for full coverage: $994

Policy rates by type of insurance:

Estimates include $500 deductible amounts, liability coverage up to 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and for all Z4 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of auto insurance. Rural locations are shown to have lower incidents of physical damage claims than densely populated cities.

The example below illustrates the effect of geographic area on auto insurance prices.

The examples above illustrate why everyone should compare rates quotes using their specific location, instead of making a decision based on average rates.

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

Rate Comparisons

The chart below illustrates estimated BMW Z4 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $594
• Raising to $1,000 deductibles will save $104 each year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $994
• Using pricier low deductibles will cost an additional $196 annually
• Drivers who are prone to accidents and violations could pay around $2,130 or more
• Policy cost that insures a 16-year-old driver for full coverage can cost $3,850

View Chart as Image

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

If you have a few points on your driving record or you caused an accident, you are probably paying anywhere from $1,200 to $1,600 additional every year, depending on your age. BMW Z4 insurance for high-risk drivers is expensive and can cost from 42% to 135% more than a normal policy. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay in the ballpark of $3,800 a year. View Rates by Age

Your home state also has a big influence on BMW Z4 insurance prices. A middle-age driver might find rates as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,340 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $300 annually, whereas buying more liability protection will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to regularly compare rates from multiple companies. Every auto insurance company uses a different method to calculate rates, and rates will be varied.

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 Low Cost BMW Z4 Insurance

Finding cheaper rates on insurance for a BMW Z4 consists of having a good driving record, having a good credit score, being claim-free, and qualifying for all possible discounts. Compare prices every time your policy renews by getting rate quotes from direct insurance companies, and also from your local car insurance providers.

The next list is a review of the information covered in the above illustrations.

• It is possible to save around $110 per year simply by quoting online well ahead of the renewal date
• Drivers age 20 and younger are the costliest to insure, possibly costing $321 each month if comprehensive and collision insurance is included
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• Drivers considered higher risk who have several accidents or serious violations could be charged and average of $1,140 more per year to buy BMW Z4 insurance
• Insureds who purchase increased levels of liability coverage will pay an extra $440 annually to raise from a 30/60 limit to the 250/500 level

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.