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 prices for a BMW Z4 are $994 every 12 months for full coverage. Comprehensive costs an estimated $194, collision insurance costs $262, and liability coverage costs $402. Buying just liability costs as little as $446 a year, and insurance for high-risk drivers 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 broken down by type of insurance:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all states and for all Z4 models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on insurance rates. More rural locations are shown to have more infrequent accident claims than congested cities. The example below illustrates how location impacts insurance prices.

The examples above show why everyone should compare rates for a targeted area and their own driving history, rather than using rate averages.

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

Additional Rate Details

The chart below shows average BMW Z4 insurance rates for other coverage scenarios.

• The best full coverage rate is $594
• Drivers who choose higher $1,000 deductibles will pay approximately $104 a year
• The average price for a good driver age 40 who has $500 deductibles is $994
• Buying pricier low deductibles for comprehensive and collision insurance increases the price to $1,190
• High-risk insureds with multiple tickets or accidents could pay up to $2,130
• Policy cost to insure a teenage driver for full coverage can cost as much as $3,850 a year

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Insurance rates for a BMW Z4 also range considerably based on liability limits and deductibles, your driver profile, and the model year and trim level.

Opting for high physical damage deductibles could save up to $300 a year, whereas buying more liability protection will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $362 more per year. View Rates by Deductible or Liability Limit

A more mature driver with a clean driving record and higher deductibles may only pay around $900 per year on average, or $75 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay at least $3,800 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying $1,200 to $1,600 extra every year, depending on your age. BMW Z4 insurance for high-risk drivers can cost around 42% to 135% more than the average rate. View High Risk Driver Rates

Your home state makes a big difference in BMW Z4 insurance rates. A 40-year-old driver could pay as low as $660 a year in states like Iowa, Maine, and Idaho, or at least $1,420 on average in New York, Louisiana, and Michigan.

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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 Shop for Low Cost BMW Z4 Insurance

Finding cheaper rates on auto insurance not only requires being safe and accident-free, but also having good credit, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Spend time shopping around at least once a year by obtaining price quotes from direct carriers, and also from several local insurance agents.

Below you'll find a review of the primary concepts that were touched on above.

• Drivers can save approximately $110 per year just by quoting online well ahead of the renewal date
• Drivers who have several accidents or serious violations pay on average $1,140 more annually than a low-risk driver
• Increasing comprehensive and collision deductibles could save as much as $300 each year
• Youthful drivers are charged the highest rates, costing up to $321 each month if they have full coverage

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.