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 insurance. Comprehensive insurance costs an estimated $194 a year, collision insurance costs $262, and liability is estimated at $402. Buying just liability costs approximately $446 a year, and insurance for high-risk drivers costs $2,130 or more. 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:

Price estimates include $500 physical damage insurance deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and Z4 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than congested cities. The diagram below illustrates how rural and urban location affects insurance prices.

The examples above illustrate why it is important to get quotes for a targeted area, instead of 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 other coverage scenarios.

• The best full coverage rate is $594
• Choosing higher $1,000 deductibles can save approximately $890 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $994
• Buying low $100 deductibles for comp and collision coverage will cost an additional $196 every year
• Unlucky drivers with multiple tickets or accidents could pay up to $2,130
• Policy cost that insures a teen driver can cost as much as $3,850 each year

View Chart as Image

Insurance rates for a BMW Z4 also range considerably based on the trim level of your Z4, your age and driving record, and liability limits and deductibles.

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

Older drivers with a clean driving record and higher comprehensive and collision deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay at least $3,800 a year. View Rates by Age

Your home state plays a big part in determining prices for BMW Z4 insurance prices. A good driver about age 40 could pay as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,340 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $300 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $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 Cheaper BMW Z4 Insurance

Finding cheaper rates on car insurance takes being a low-risk driver, having above-average credit, being claim-free, and deciding if full coverage is necessary. Comparison shop every couple of years by quoting rates from direct insurance companies, and also from local insurance agencies.

The items below are a condensed summary of the material that was raised in the charts and tables above.

• Policyholders who want more liability coverage will pay around $440 annually to raise limits from a 30/60 limit to the 250/500 level
• Teen drivers are charged the highest rates, possibly costing $321 each month if full coverage is included
• Higher risk drivers with multiple at-fault accidents may have to pay on average $1,140 more annually to insure their Z4
• Increasing comprehensive and collision 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.