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. Comprehensive costs an estimated $194 a year, collision insurance costs $262, and liability is estimated at $402. A liability-only policy costs approximately $446 a year, and high-risk insurance costs around $2,130. Teens cost the most to insure at up to $3,850 a year.

Average premium for full coverage: $994

Policy rates broken down by type of insurance:

Prices include $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and Z4 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on insurance rates. More rural locations are shown to have lower incidents of accident claims than cities with more traffic congestion. The diagram below illustrates how location helps determine insurance prices.

The examples above show why it is important to get quotes for a targeted area, instead of using averaged prices.

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

Additional Rate Analysis

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

• The cheapest rate after discounts is $594
• Choosing higher $1,000 deductibles can save approximately $890 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $994
• Selecting low $100 deductibles for comp and collision coverage bumps up the cost to $1,190
• Unlucky drivers with serious driving violations could pay up to $2,130
• Policy cost that insures a teen driver can cost as much as $3,850 each year

View Chart as Image

Car insurance rates for a BMW Z4 also range considerably based on the trim level of your Z4, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,200 to $1,600 extra every year, depending on your age. A high-risk auto insurance policy ranges as much as 42% to 135% more than the average policy. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged at least $3,800 a year. View Rates by Age

Your home state plays a big part in determining prices for BMW Z4 insurance prices. A good driver about age 40 could pay as low as $660 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,420 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $300 every year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 extra every 12 months. View Rates by Deductible or Liability Limit

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 Right BMW Z4 Insurance

Finding cheaper rates on car insurance takes being a safe and courteous driver, having a positive credit history, avoid buying unnecessary coverage, and possibly higher deductibles. Compare rates at every other renewal by obtaining price quotes from direct carriers, and also from your local independent and exclusive agents.

Below is a quick rundown of the concepts that were covered in the charts and tables above.

• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,140 more annually for auto insurance
• Teenage drivers have the highest car insurance rates, costing up to $321 each month if full coverage is purchased
• Drivers can save approximately $110 per year just by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• Drivers can save approximately $110 per year just by quoting early and online

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.