BMW I4 M50 Insurance Rates
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Michelle Robbins
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UPDATED: Mar 28, 2024
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Estimated insurance rates for a BMW i4 M50 are $2,224 a year with full coverage. Comprehensive insurance costs around $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 $4,840 or more. Teen drivers pay the most at up to $8,186 a year.
Average premium for full coverage: $2,224
Premium estimates for type of coverage:
These estimates include $500 deductible amounts, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all U.S. states and i4 M50 trim levels.
Insurance Price Range by Risk and Coverage
For a driver around age 40, insurance rates for a BMW i4 M50 range from the low end price of $650 for liability-only coverage to a high of $4,840 for high-risk insurance.
Insurance Price Range by Location
Your location can have significant affects on insurance rates. Areas with sparse population are statistically proven to have lower incidents of collision claims than larger metro areas. The diagram below illustrates the difference between rural and urban areas on auto insurance rates.
These rate differences demonstrate why it is important to compare rates for a specific zip code, instead of using price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Additional Charts and Tables
The chart below details average BMW i4 M50 insurance rates for additional coverage choices and driver risks.
- The lowest rate with discounts is $1,254
- Drivers who choose higher $1,000 deductibles will pay about $1,900 annually
- The estimated price for a 40-year-old good driver using $500 deductibles is $2,224
- Choosing low $100 deductibles for comprehensive and collision insurance will cost an additional $636 every year
- Higher-risk drivers with multiple violations and an at-fault accident could pay at least $4,840
- An auto insurance policy that insures a teen driver can be $8,186 a year
Auto insurance prices for a BMW i4 M50 also have a wide range based on the trim level of your i4 M50, your age and driving habits, and deductibles and policy limits.
If you have a few violations or you caused an accident, you may be forking out at least $2,600 to $3,600 in extra premium annually, depending on your age. A high-risk auto insurance policy can cost as much as 44% to 130% more than average. View High Risk Driver Rates
Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as little as $2,000 per year on average, or $167 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records will have to pay as much as $8,100 a year. View Rates by Age
Where you choose to live makes a big difference in BMW i4 M50 insurance prices. A 40-year-old driver could pay as low as $1,600 a year in states like New Hampshire, Ohio, and Utah, or as much as $3,000 on average in Florida, Michigan, and New York.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $2,010 | -$214 | -9.6% |
| Alaska | $1,704 | -$520 | -23.4% |
| Arizona | $1,846 | -$378 | -17.0% |
| Arkansas | $2,224 | -$0 | 0.0% |
| California | $2,534 | $310 | 13.9% |
| Colorado | $2,124 | -$100 | -4.5% |
| Connecticut | $2,284 | $60 | 2.7% |
| Delaware | $2,514 | $290 | 13.0% |
| Florida | $2,780 | $556 | 25.0% |
| Georgia | $2,056 | -$168 | -7.6% |
| Hawaii | $1,598 | -$626 | -28.1% |
| Idaho | $1,508 | -$716 | -32.2% |
| Illinois | $1,656 | -$568 | -25.5% |
| Indiana | $1,676 | -$548 | -24.6% |
| Iowa | $1,504 | -$720 | -32.4% |
| Kansas | $2,112 | -$112 | -5.0% |
| Kentucky | $3,034 | $810 | 36.4% |
| Louisiana | $3,292 | $1,068 | 48.0% |
| Maine | $1,374 | -$850 | -38.2% |
| Maryland | $1,834 | -$390 | -17.5% |
| Massachusetts | $1,778 | -$446 | -20.1% |
| Michigan | $3,862 | $1,638 | 73.7% |
| Minnesota | $1,862 | -$362 | -16.3% |
| Mississippi | $2,662 | $438 | 19.7% |
| Missouri | $1,972 | -$252 | -11.3% |
| Montana | $2,390 | $166 | 7.5% |
| Nebraska | $1,752 | -$472 | -21.2% |
| Nevada | $2,666 | $442 | 19.9% |
| New Hampshire | $1,600 | -$624 | -28.1% |
| New Jersey | $2,484 | $260 | 11.7% |
| New Mexico | $1,968 | -$256 | -11.5% |
| New York | $2,342 | $118 | 5.3% |
| North Carolina | $1,282 | -$942 | -42.4% |
| North Dakota | $1,820 | -$404 | -18.2% |
| Ohio | $1,536 | -$688 | -30.9% |
| Oklahoma | $2,280 | $56 | 2.5% |
| Oregon | $2,038 | -$186 | -8.4% |
| Pennsylvania | $2,120 | -$104 | -4.7% |
| Rhode Island | $2,966 | $742 | 33.4% |
| South Carolina | $2,012 | -$212 | -9.5% |
| South Dakota | $1,876 | -$348 | -15.6% |
| Tennessee | $1,944 | -$280 | -12.6% |
| Texas | $2,680 | $456 | 20.5% |
| Utah | $1,648 | -$576 | -25.9% |
| Vermont | $1,520 | -$704 | -31.7% |
| Virginia | $1,332 | -$892 | -40.1% |
| Washington | $1,716 | -$508 | -22.8% |
| West Virginia | $2,038 | -$186 | -8.4% |
| Wisconsin | $1,540 | -$684 | -30.8% |
| Wyoming | $1,982 | -$242 | -10.9% |
Choosing high deductibles could save up to $960 every year, while buying higher liability limits will increase prices. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $513 extra every year. View Rates by Deductible or Liability Limit
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 BMW i4 M50 | $494 | $982 | $546 | $2,240 |
| 2023 BMW i4 M50 | $478 | $958 | $570 | $2,224 |
| 2022 BMW i4 M50 | $462 | $918 | $588 | $2,186 |
Rates are averaged for all BMW i4 M50 models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find Cheap BMW i4 M50 Insurance
Finding better rates on car insurance not only requires having a good driving record, but also maintaining a good credit score, being claim-free, and possibly raising deductibles. Shop around every couple of years by requesting rates from direct companies, and also from your local independent and exclusive agents.
The next list is a brief summary of the material that was covered above.
- Policyholders who may need increased levels of liability coverage will pay about $630 every year to go from 30/60 bodily injury limits to the 250/500 level
- Drivers age 20 and younger are expensive to insure, possibly costing $682 per month if the policy includes full coverage
- Higher risk drivers that tend to have accidents or serious violations may pay on average $2,620 more every year to buy BMW i4 M50 insurance
- Increasing policy deductibles can save approximately $950 each year
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $8,186 |
| 20 | $5,170 |
| 30 | $2,334 |
| 40 | $2,224 |
| 50 | $2,032 |
| 60 | $1,994 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $2,860 |
| $250 | $2,564 |
| $500 | $2,224 |
| $1,000 | $1,900 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $2,224 |
| 50/100 | $2,338 |
| 100/300 | $2,481 |
| 250/500 | $2,851 |
| 100 CSL | $2,395 |
| 300 CSL | $2,709 |
| 500 CSL | $2,937 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $11,732 |
| 20 | $8,236 |
| 30 | $4,960 |
| 40 | $4,840 |
| 50 | $4,618 |
| 60 | $4,576 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $120 |
| Multi-vehicle | $117 |
| Homeowner | $31 |
| 5-yr Accident Free | $173 |
| 5-yr Claim Free | $146 |
| Paid in Full/EFT | $108 |
| Advance Quote | $115 |
| Online Quote | $160 |
| Total Discounts | $970 |
Discounts are estimated and may not be available from every company or in every state.
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