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 $870 annually with full coverage. Comprehensive costs approximately $160 each year, collision insurance costs $198, and liability insurance is estimated at $376. Buying just liability costs approximately $426 a year, and insurance for high-risk drivers costs around $1,856. Teenage drivers cost the most to insure at up to $3,428 a year.

Average premium for full coverage: $870

Policy rates by type of insurance:

Estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and Z4 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of insurance. Rural locations are shown to have fewer collision claims than densely populated cities. The graphic below illustrates the difference location can make on auto insurance prices.

The examples above demonstrate why all drivers should get quotes using their specific location and their own personal driving habits, rather than relying on average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $529
• Choosing higher $1,000 deductibles can save $82 annually
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $870
• Using low deductibles for comp and collision coverage will cost $1,024
• High-risk insureds who are prone to accidents and violations could pay around $1,856
• Policy cost with full coverage for a teen driver can cost $3,428 each 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 could pay as little as $800 annually on average, or $67 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay in the ballpark of $3,400 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 $1,000 to $1,500 extra every year, depending on your age. Insurance for high-risk drivers ranges anywhere from 44% to 128% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $240 each 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 $339 more per year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for BMW Z4 insurance rates. A good driver about age 40 could pay as low as $630 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,170 on average in New York, Michigan, and Florida.

View Chart as Image

Insurance Rates by Trim Level and Model Year

Rates assume 2003 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 Low Cost BMW Z4 Insurance

Finding cheaper rates on BMW Z4 insurance takes avoiding accidents and violations, having a good credit history, not filing small claims, and possibly raising deductibles. Make time to compare rates at least once a year by getting quotes from direct companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The list below is a review of the primary concepts that were touched on in this article.

• You may be able to save around $100 per year just by quoting online in advance
• High-risk drivers who have several accidents or serious violations may pay on average $990 more per year for car insurance
• Increasing comprehensive and collision deductibles could save up to $225 each year
• Teenagers are expensive to insure, as much as $286 each month including comprehensive and collision insurance

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.