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 with full coverage. Comprehensive insurance costs around $194 a year, collision insurance costs $262, and liability insurance is $402. Buying just liability costs around $446 a year, and insurance for high-risk drivers costs $2,130 or more. Teen drivers cost the most to insure at up to $3,850 a year.

Average premium for full coverage: $994

Policy rates for type of insurance:

Prices are based on $500 deductible amounts, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all U.S. states and Z4 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on insurance rates. Areas with sparse population are shown to have lower incidents of collision claims than larger metro areas. The diagram below illustrates how rural and urban location affects auto insurance rates.

The examples above demonstrate why it is important to compare rates quotes for a specific zip code, rather than relying on price averages.

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

More Rate Information

The chart below details average BMW Z4 insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $594
• Raising to $1,000 deductibles will save about $890 annually
• The estimated price for a good driver age 40 using $500 deductibles is $994
• Choosing low $100 deductibles will cost an additional $196 a year
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,130
• Policy cost that insures a teen driver can be $3,850

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 habits, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at least $1,200 to $1,600 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 42% to 135% more than average. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $900 every 12 months 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 as much as $3,800 a year. View Rates by Age

Your home state also has a big influence on BMW Z4 insurance rates. A middle-age driver might find rates as low as $720 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,340 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing high deductibles can reduce rates by up to $300 each year, while buying higher liability limits will increase rates. Moving 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 Affordable BMW Z4 Insurance

Finding cheaper rates on BMW Z4 insurance consists of having a good driving record, having above-average credit, not filing small claims, and dropping full coverage on older vehicles. Shop around at least once a year by getting rate quotes from direct companies, and also from your local independent and exclusive agents.

The next list is a brief review of the primary concepts that were raised in the charts and tables above.

• You may be able to save up to $110 per year just by quoting early and online
• High-risk drivers with DUI or reckless driving convictions may pay on average $1,140 more every year to buy BMW Z4 insurance
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• Drivers age 20 and younger pay higher rates, as much as $321 each month if full coverage is included

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.