BMW I4 M50 Insurance Rates

Average insurance rates for a BMW i4 M50 are $2,224 a year for full coverage. Comprehensive costs approximately $478 a year, collision insurance costs $958, and liability costs $570. A liability-only policy costs as little as $650 a year, and high-risk insurance costs around $4,840. Teens receive the highest rates at up to $8,186 a year.

Average premium for full coverage: $2,224

Rate estimates by individual coverage type:

Prices are based on $500 policy deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Rates are averaged for all states and i4 M50 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on car insurance rates. Rural locations tend to have a lower frequency of accident claims than cities with more traffic congestion. The diagram below illustrates the difference location can make on auto insurance prices.

These examples show why it is important to compare rates using their specific location and risk profile, instead of using averaged prices.

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

Detailed Rate Analysis

The chart below shows average BMW i4 M50 insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $1,254
• Drivers who choose higher $1,000 deductibles will pay $1,900 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $2,224
• Selecting low $100 deductibles for comprehensive and collision insurance will increase the cost to $2,860
• Higher-risk drivers with serious driving violations could pay around $4,840
• The cost for full coverage for a teen driver can cost $8,186 a year

View Chart as Image

Insurance rates for a BMW i4 M50 can also vary considerably based on your driver profile, the trim level of your i4 M50, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high deductibles may pay as little as $2,000 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay in the ballpark of $8,100 a year. View Rates by Age

Where you live makes a big difference in BMW i4 M50 insurance prices. A 40-year-old driver could pay as low as $1,470 a year in states like Iowa, Maine, and Idaho, or have to pay at least $3,170 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $960 every year, while buying higher liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $513 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $2,600 to $3,600 extra per year, depending on your age. A high-risk auto insurance policy can cost as much as 44% to 130% more than the average policy. View High Risk Driver Rates

How to Find Affordable BMW i4 M50 Insurance

Saving money on car insurance not only requires being a good driver, but also maintaining good credit, eliminating unneeded coverage, and possibly raising deductibles. Make time to compare rates every year by requesting rates from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The following list is a brief review of the coverage data touched on in this article.

• Drivers can save around $280 per year just by quoting early and online
• Increasing deductibles can save around $950 each year
• Drivers age 16 to 20 are expensive to insure, costing as high as $682 per month for full coverage
• Higher risk drivers with DUI or reckless driving convictions may pay on average $2,620 more per year than a safer driver