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.

Average insurance rates for a BMW Z4 are $1,032 a year for full coverage. Comprehensive costs on average $206 a year, collision insurance costs $288, and liability insurance costs around $402. Buying just liability costs as low as $446 a year, and insurance for high-risk drivers costs around $2,216. 16-year-old drivers receive the highest rates at up to $3,972 a year.

Average premium for full coverage: $1,032

Rate estimates by individual coverage type:

Estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all states and Z4 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on car insurance rates. Rural areas tend to have a lower frequency of accident claims than congested cities. The diagram below illustrates the difference location can make on car insurance rates.

These examples show why it is important to compare prices based on a specific location and risk profile, rather than relying on 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 different risk profiles and scenarios.

• The best full coverage rate is $613
• Using higher $1,000 deductibles will save around $918 a year
• The average rate for a 40-year-old driver with $500 deductibles is $1,032
• Buying low $100 deductibles for physical damage coverage will increase the cost to $1,246
• Drivers with multiple tickets or accidents could pay upwards of $2,216
• The cost for full coverage for a teen driver may cost $3,972 or more

View Chart as Image

Auto insurance rates for a BMW Z4 can also vary considerably based on your driver profile, the trim level of your Z4, and policy deductibles and limits.

Older drivers with a good driving record and high deductibles could pay as little as $1,000 a year for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay upwards of $3,900 a year. View Rates by Age

Where you live has a huge impact on BMW Z4 insurance rates. A driver around age 40 might see rates as low as $680 a year in states like Idaho, Maine, and Iowa, or at least $1,470 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 $330 each year, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will cost as much as $362 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying at a minimum $1,200 to $1,700 in extra premium per year, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 130% more than the average rate. View High Risk Driver Rates

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 Low Cost BMW Z4 Insurance

Saving money on BMW Z4 insurance requires having a decent driving record, having good credit, eliminating unneeded coverage, and deciding if full coverage is necessary. Make time to compare rates every couple of years by quoting rates from direct carriers like GEICO and Progressive, and also from your local insurance agents.

The following items are a review of the material that was touched on in this article.

• Drivers who require additional liability coverage will pay around $440 each year to increase from a minimum limit to 250/500 limits
• 16 to 18-year-old drivers are charged the highest rates, costing as high as $331 per month if they have full coverage
• High-risk drivers who have several accidents or serious violations will pay on average $1,180 more each year than a driver with a clean driving record
• Increasing deductibles can save around $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.