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.

Average insurance rates for a BMW Z4 are $1,032 a year for full coverage. Comprehensive costs approximately $206 each year, collision insurance costs $288, and liability is $402. Buying just liability costs around $446 a year, and insurance for high-risk drivers costs around $2,216. Teenage drivers receive the highest rates at up to $3,972 a year.

Average premium for full coverage: $1,032

Rate estimates by individual coverage type:

Includes $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Rates are averaged for all states and Z4 models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Rural locations tend to have a lower frequency of accident claims than densely populated cities. The graphic below illustrates the difference location can make on auto insurance prices.

These examples show why all drivers should compare rates quotes using their specific location and risk profile, instead of using average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $613
• Raising to $1,000 deductibles will save $114 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,032
• Using low deductibles will increase the cost to $1,246
• At-risk drivers who are prone to accidents and violations could pay around $2,216
• The cost for full coverage for a teen driver can cost $3,972

View Chart as Image

Auto insurance rates for a BMW Z4 can also vary considerably based on your driver profile, the trim level of your Z4, and physical damage deductibles and liability limits.

More mature drivers with a good driving record and high deductibles may pay as little as $1,000 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers will have to pay in the ballpark of $3,900 a year. View Rates by Age

Where you live also has a big influence on BMW Z4 insurance prices. A middle-age driver might find rates as low as $680 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,470 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $330 every year, whereas increasing liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $362 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,200 to $1,700 in extra premium per year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 130% more than a normal 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 the Cheapest BMW Z4 Insurance

Saving money on car insurance consists of having a decent driving record, having good credit, eliminating unneeded coverage, and possibly higher deductibles. Make time to compare rates every time your policy renews by requesting quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The following items are a recap of the information touched on in this article.

• Drivers can save around $120 per year just by quoting online in advance
• 16 to 18-year-old drivers have the highest car insurance rates, costing as high as $331 per month if they have full coverage
• Increasing deductibles can save around $325 each year
• Higher risk drivers that have major violations or accidents may pay on average $1,180 more per year than a driver with a clean driving record
• Policyholders who purchase additional liability coverage will pay an extra $440 each year to raise from a minimum limit to 250/500 limits

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.