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 $1,032 annually for full coverage insurance. Comprehensive costs approximately $206 a year, collision costs $288, and liability is estimated at $402. A liability-only policy costs approximately $446 a year, with high-risk insurance costing around $2,216. Teenage drivers cost the most to insure at $3,972 a year or more.

Average premium for full coverage: $1,032

Policy rates by type of insurance:

These estimates include $500 comprehensive and collision deductibles, liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and Z4 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of auto insurance. Rural locations are shown to have fewer physical damage claims than densely populated cities.

The diagram below illustrates how location impacts auto insurance prices.

The examples above illustrate why it is important to get quotes using their specific location and their own personal driving habits, instead of using average rates.

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

Additional Rate Analysis

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

• The best discount rate is $613
• Choosing higher $1,000 deductibles can save $918 each year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,032
• Using low $100 deductibles for comp and collision coverage will cost $1,246
• Unlucky drivers who are prone to accidents and violations could pay around $2,216 or more
• Policy cost with full coverage for a teen driver can cost $3,972 each year

View Chart as Image

Car insurance rates for a BMW Z4 also range considerably based on the model year and trim level, your risk profile, and physical damage deductibles and liability limits.

Older drivers with no driving violations and high physical damage deductibles may pay as little as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged in the ballpark of $3,900 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying anywhere from $1,200 to $1,700 extra every year, depending on your age. A high-risk auto insurance policy ranges as much as 43% to 130% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $330 every year, while buying higher liability limits will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $362 extra every 12 months. View Rates by Deductible or Liability Limit

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 $670 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,390 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to get quotes and see which company has the best rate. Each auto insurer uses a different method to calculate rates, so rate quotes will be varied between companies.

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 Buy Cheap BMW Z4 Insurance

Finding cheaper rates on car insurance takes avoiding accidents and violations, having a good credit score, being claim-free, and avoiding coverage lapses. Spend time shopping around once a year by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The list below is a brief summary of the data that was touched on above.

• It is possible to save around $120 per year simply by quoting early and online
• Policyholders who purchase higher liability limits will pay an extra $440 annually to raise limits from a 30/60 limit to higher 250/500 limits
• Teenagers pay the highest auto insurance rates, possibly costing $331 each month if comprehensive and collision insurance is included
• Higher risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,180 more per year for car 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.