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.

U.S. average insurance rates for a BMW Z4 are $994 a year for full coverage. Comprehensive insurance costs an estimated $194 a year, collision insurance costs $262, and liability costs $402. Liability-only insurance costs as little as $446 a year, and high-risk driver insurance costs $2,130 or more. Teen drivers pay the highest rates at up to $3,850 a year.

Average premium for full coverage: $994

Price estimates broken down by individual coverage:

Rate estimates include $500 deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and Z4 trim levels.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on insurance rates. More rural locations have a lower frequency of accident claims than larger metro areas. The diagram below illustrates the effect of geographic area on insurance prices.

The ranges above show why it is important to compare rates for a targeted area and risk profile, instead of using price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $594
• Drivers who choose higher $1,000 deductibles will pay approximately $890 a year
• The average rate for the average middle-age driver who has $500 deductibles is $994
• Choosing low $100 deductibles for comprehensive and collision insurance will cost an extra $196 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,130
• The price for full coverage for a teen driver can cost as much as $3,850 a year

View Chart as Image

Car insurance prices for a BMW Z4 are also quite variable based on your driving record, the trim level of your Z4, and liability limits and deductibles.

Older drivers with no driving violations and high deductibles may pay as little as $900 per year on average for full coverage. Prices are highest for teenage drivers, where even good drivers will be charged at least $3,800 a year. View Rates by Age

The state you live in makes a big difference in BMW Z4 insurance prices. A 40-year-old driver could pay as low as $660 a year in states like Iowa, Maine, and Idaho, or as much as $1,420 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $300 every year, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $362 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying $1,200 to $1,600 extra each year, depending on your age. A high-risk auto insurance policy can cost as much as 42% to 135% more than average. 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 Best BMW Z4 Insurance

Getting lower rates on car insurance not only requires not taking risks behind the wheel, but also having above-average credit, eliminating unnecessary coverage, and possibly higher deductibles. Take the time to compare rates at every policy renewal by obtaining price quotes from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

The following is a brief recap of the data covered in the above illustrations.

• Policyholders who want higher liability limits will pay about $440 each year to go from a low limit to 250/500 limits
• Drivers can save approximately $110 per year just by quoting early and online
• Increasing physical damage deductibles can save around $300 each year
• Teens have the highest car insurance prices, with premiums as much as $321 a month if full coverage is included

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.