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.

U.S. average insurance rates for a BMW Z4 are $994 a year for full coverage insurance. Comprehensive insurance costs on average $194 each year, collision insurance costs $262, and liability coverage is $402. A policy with just liability insurance costs around $446 a year, and coverage for high-risk drivers costs $2,130 or more. 16-year-old drivers pay the highest rates at up to $3,850 a year.

Average premium for full coverage: $994

Price estimates by individual coverage:

Includes $500 physical damage deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and Z4 models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a large influence on insurance rates. Rural areas have lower incidents of physical damage claims than congested cities. The graphic below illustrates how location impacts car insurance rates.

The ranges above illustrate why all drivers should compare rates quotes based on a specific location, rather than using rate averages.

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

Rate Comparisons

The chart below illustrates average BMW Z4 insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $594
• Raising to $1,000 deductibles will save around $104 each year
• The estimated price for the average middle-age driver with $500 deductibles is $994
• Buying low deductibles will cost an additional $196 each year
• Unlucky drivers with multiple tickets or accidents could pay upwards of $2,130
• The price that insures a teenage driver may cost $3,850

View Chart as Image

Insurance prices for a BMW Z4 are also quite variable based on the trim level and model year, your age and driving record, and policy deductibles and limits.

If you have some driving violations or you caused an accident, you are probably paying at a minimum $1,200 to $1,600 extra each year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 42% to 135% more than the average rate. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $900 every 12 months on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records can expect to pay upwards of $3,800 a year. View Rates by Age

The state you live in also has a big influence on BMW Z4 insurance rates. A middle-age driver might find prices as low as $650 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,340 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles can reduce prices by up to $300 a year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $362 more per year. 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 Cheapest BMW Z4 Insurance

Getting lower rates on auto insurance consists of being a safe and courteous driver, having above-average credit, not filing small claims, and determing if full coverage is necessary. Comparison shop every couple of years by getting rate quotes from direct insurance companies, and also from your local independent and exclusive agents.

Below is a recap of the material that was touched on above.

• Consumers who require higher levels of liability will pay around $440 annually to raise from a low limit to the 250/500 level
• Teenage drivers pay the highest prices, as much as $321 a month if full coverage is included
• Drivers that have major violations or accidents may pay on average $1,140 more each year for auto insurance
• Increasing physical damage deductibles can save approximately $300 each year

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.