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 insurance costs approximately $194 a year, collision costs $262, and liability coverage costs around $402. Liability-only coverage costs as low as $446 a year, with high-risk coverage costing $2,130 or more. Teenage drivers cost the most to insure at $3,850 a year or more.

Average premium for full coverage: $994

Policy rates by type of insurance:

These estimates include $500 deductible amounts, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all states and Z4 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on car insurance rates. Rural locations are shown to have a lower frequency of accident claims than densely populated cities.

The diagram below illustrates how where you live affects auto insurance prices.

The examples above show why it is important to compare prices using their specific location and risk profile, rather than using average rates.

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

Rate Comparisons

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

• The best discount rate is $594
• Using higher $1,000 deductibles will save $890 a year
• The average rate for a good driver age 40 who chooses $500 deductibles is $994
• Using low $100 deductibles for physical damage coverage will cost an extra $196 each year
• Higher-risk drivers who are prone to accidents and violations could pay around $2,130 or more
• Policy cost for full coverage for a teenage driver can cost $3,850 or more

View Chart as Image

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

Older drivers with no violations or accidents and high deductibles may only pay around $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay in the ballpark of $3,800 a year. View Rates by Age

Your home state has a huge impact on BMW Z4 insurance rates. A driver around age 40 might see rates as low as $660 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,420 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $300 a year, while buying higher liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $362 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying anywhere from $1,200 to $1,600 additional every year, depending on your age. A high-risk auto insurance policy can be around 42% to 135% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to get quotes and see how they stack up. Each insurance company uses a different method to calculate rates, and rates will be varied from one company to the next.

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 Cheap BMW Z4 Insurance

Finding cheaper rates on auto insurance requires having a good driving record, having a good credit history, avoid buying unnecessary coverage, and qualifying for all possible discounts. Take the time to comparison shop at every other renewal by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The next list is a brief summary of the concepts that were touched on in the above illustrations.

• Drivers that tend to have accidents or serious violations may pay on average $1,140 more per year to buy BMW Z4 insurance
• Drivers age 20 and younger are the costliest to insure, costing up to $321 each month including comprehensive and collision insurance
• Drivers can save around $110 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save around $300 each year
• Drivers can save around $110 per year simply 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.