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 costs around $194 a year, collision insurance costs $262, and liability coverage costs around $402. A liability-only policy costs as low as $446 a year, and high-risk insurance costs around $2,130. 16-year-old drivers cost the most to insure at up to $3,850 a year.

Average premium for full coverage: $994

Policy rates for type of insurance:

Full coverage includes $500 physical damage deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist 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 auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than congested cities. The diagram below illustrates how where you live affects auto insurance rates.

The examples above show why it is important to compare prices for a specific zip code, rather than using rate averages.

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

Additional Charts and Tables

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

• The best full coverage rate is $594
• Using higher $1,000 deductibles will save about $890 a year
• The estimated price for a good driver age 40 using $500 deductibles is $994
• Buying low $100 deductibles for physical damage coverage bumps up the cost to $1,190
• Higher-risk drivers with multiple tickets or accidents could pay at least $2,130
• Policy cost that insures a teenage driver can be $3,850 or more

View Chart as Image

Car insurance rates for a BMW Z4 also range considerably based on the trim level of your Z4, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $1,200 to $1,600 extra every year, depending on your age. A high-risk auto insurance policy can be around 42% to 135% more than the average rate. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $900 a year, or $75 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged as much as $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 Idaho, Maine, and Iowa, or at least $1,420 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $300 a year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 extra every 12 months. 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 More Affordable BMW Z4 Insurance

Finding cheaper rates on auto insurance requires being a safe and courteous driver, having a positive credit history, avoid buying unnecessary coverage, and consideration of higher deductibles. Comparison shop at least once a year by getting quotes from direct carriers, and also from several local insurance agents.

Below is a summary of the primary concepts that were touched on in the above illustrations.

• Drivers can save up to $110 per year just by quoting early and online
• Drivers who have multiple accidents or major violations pay on average $1,140 more every year for auto insurance
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• Teenage drivers are the costliest to insure, costing up to $321 each month if full coverage is purchased

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.