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 $1,032 a year for full coverage insurance. Comprehensive costs around $206 a year, collision insurance costs $288, and liability coverage is $402. Liability-only insurance costs around $446 a year, and high-risk driver insurance costs around $2,216. Teen drivers pay the highest rates at up to $3,972 a year.

Average premium for full coverage: $1,032

Price estimates for individual coverage:

Rate estimates include $500 policy deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 states and Z4 trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a large influence on car insurance rates. Areas with sparse population have lower incidents of physical damage claims than larger metro areas. The diagram below illustrates the effect of geographic area on auto insurance rates.

The ranges above illustrate why it is important to compare rates quotes for a specific zip code, rather than using price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $613
• Raising to $1,000 deductibles will save about $918 each year
• The estimated price for the average middle-age driver using $500 deductibles is $1,032
• Choosing low $100 deductibles bumps up the cost to $1,246
• Unlucky drivers with multiple violations and an at-fault accident could pay at least $2,216
• The price that insures a teenage driver can be $3,972

View Chart as Image

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

If you have some driving violations or you caused an accident, you are probably paying at least $1,200 to $1,700 extra each year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 43% to 130% more than average. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $1,000 every 12 months on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will be charged as much as $3,900 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 $670 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,390 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles can reduce prices by up to $330 a year, while buying higher liability limits will increase prices. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $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 the Best BMW Z4 Insurance

Getting lower rates on auto insurance consists of avoiding accidents and claims, having a positive credit history, not filing small claims, and consideration of higher deductibles. Shop around every couple of years by getting quotes from direct insurance companies, and also from insurance agencies where you live.

The points below are a brief recap of the material that was covered in the above illustrations.

• Consumers who may need increased liability limits will pay about $440 annually to raise from a low limit to the 250/500 level
• Drivers under the age of 20 are the costliest to insure, as much as $331 a month if full coverage is purchased
• Drivers who tend to receive serious violations could be forced to pay on average $1,180 more every year to insure a BMW Z4
• Increasing physical damage deductibles can save approximately $325 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.