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 $994 a year with full coverage. Comprehensive insurance costs approximately $194, collision insurance costs $262, and liability coverage costs $402. A policy with just liability insurance costs as little as $446 a year, and coverage for high-risk drivers costs $2,130 or more. Teens pay the highest rates at up to $3,850 a year.

Average premium for full coverage: $994

Price estimates by individual coverage:

Estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and for different Z4 trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on the price of insurance. Rural locations have a lower frequency of collision claims than cities with more traffic congestion. The price range example below illustrates the effect of geographic area on auto insurance prices.

The ranges above demonstrate why anyone shopping for car insurance should compare rates using their specific location and risk profile, rather than using averaged prices.

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

Additional Charts and Tables

The chart below details average BMW Z4 insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $594
• Drivers who choose higher $1,000 deductibles will pay $104 annually
• The average rate for the average middle-age driver who chooses $500 deductibles is $994
• Selecting more expensive low deductibles for comprehensive and collision insurance will cost an extra $196 each year
• High-risk insureds with serious driving violations could pay around $2,130
• The price for full coverage for a teenage driver with full coverage can cost $3,850 a year

View Chart as Image

Insurance prices for a BMW Z4 are also quite variable based on your driving record, the trim level and model year, and physical damage deductibles and liability limits.

An older driver with a clean driving record and high deductibles may only pay around $900 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay in the ballpark of $3,800 a year. View Rates by Age

The state you live in makes a big difference in BMW Z4 insurance rates. A 40-year-old driver could pay as low as $720 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,340 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $300 a year, while increasing your policy's liability limits will push prices upward. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $362 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out anywhere from $1,200 to $1,600 extra each year, depending on your age. High-risk driver insurance can cost around 42% to 135% more than the average policy. 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

Getting lower rates on auto insurance not only requires avoiding accidents and violations, but also maintaining good credit, avoid buying unnecessary coverage, and possibly raising deductibles. Take the time to compare rates at every policy renewal by obtaining price quotes from direct companies like Progressive and GEICO, and also from several local insurance agents.

The list below is a review of the data covered in the above illustrations.

• Consumers who purchase higher liability limits will pay approximately $440 every year to go from a low limit to 250/500 limits
• You may be able to save around $110 per year just by shopping early and online
• Increasing physical damage deductibles can save around $300 each year
• Teenagers are expensive to insure, costing up to $321 a month for 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.