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.

Estimated insurance rates for a BMW Z4 are $1,032 a year with full coverage. Comprehensive insurance costs around $206 a year, collision insurance costs $288, and liability coverage costs $402. Liability-only coverage costs as little as $446 a year, and high-risk coverage costs $2,216 or more. Teens pay the most at up to $3,972 a year.

Average premium for full coverage: $1,032

Premium estimates for type of coverage:

Full coverage includes $500 policy deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Rates include averaging for all U.S. states and Z4 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on insurance rates. Areas with sparse population are statistically proven to have a lower frequency of collision claims than cities with more traffic congestion. The diagram below illustrates how rural and urban location affects auto insurance rates.

These rate differences demonstrate why it is important to compare rates for a specific zip code and risk profile, rather than using averaged prices.

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

Rates by State, City, and Model

The chart below details average BMW Z4 insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $613
• Drivers who choose higher $1,000 deductibles will pay about $918 annually
• The average rate for a 40-year-old good driver using $500 deductibles is $1,032
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an extra $214 each year
• High-risk insureds with serious driving violations could pay at least $2,216
• An auto insurance policy for full coverage for a teenage driver can be $3,972 a year

View Chart as Image

Insurance prices for a BMW Z4 also have a wide range based on your driving characteristics, the trim level and model year, and deductibles and policy limits.

Older drivers with a clean driving record and high deductibles may only pay around $1,000 per year on average, or $83 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers can expect to pay as much as $3,900 a year. View Rates by Age

Where you choose to live makes a big difference in BMW Z4 insurance rates. A 40-year-old driver could pay as low as $740 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,390 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $330 a year, while buying higher liability limits will increase prices. Moving from a 50/100 limit to a 250/500 limit will cost up to $362 more per year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you may be forking out at least $1,200 to $1,700 extra annually, depending on your age. A high-risk auto insurance policy can cost around 43% to 130% more than the average policy. 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 More Affordable BMW Z4 Insurance

Finding better rates on auto insurance not only requires being safe and accident-free, but also maintaining good credit, being claim-free, and dropping full coverage on older vehicles. Set aside time to shop around every year by getting rate quotes from direct companies like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

Below you'll find a summary of the coverage data raised in the charts and tables above.

• You may be able to save up to $120 per year just by quoting early and online
• Increasing policy deductibles can save around $325 each year
• Youthful drivers pay higher prices, possibly costing $331 per month for full coverage
• Drivers who have multiple accidents or major violations pay an average of $1,180 more every year 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.