BMW I4 M50 Insurance Rates
Enter your zip code below to view companies that have cheap auto insurance rates.
UPDATED: Mar 28, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
U.S. average insurance prices for a BMW i4 M50 are $2,258 every 12 months for full coverage. Comprehensive costs approximately $516, collision insurance costs $990, and liability costs $534. Liability-only insurance costs as little as $620 a year, and high-risk driver insurance costs around $4,896. 16-year-old drivers pay the highest rates at up to $8,198 a year.
Average premium for full coverage: $2,258
Price estimates by individual coverage:
Rate estimates include $500 policy deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Estimates are averaged for all states and for different i4 M50 trim levels.
Price Range from Low to High
For a driver in their 40's, BMW i4 M50 insurance prices range from the cheapest price of $620 for minimum levels of liability insurance to a much higher rate of $4,896 for coverage for higher-risk drivers.
Geographic Price Range
Your location can make a big difference on car insurance rates. Rural locations have more infrequent accident claims than congested cities. The price range example below illustrates how location helps determine auto insurance prices.
The ranges above show why anyone shopping for car insurance should compare rates using their specific location and their own driving history, instead of making a decision based on rate 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 Rate Details
The chart below shows average BMW i4 M50 insurance rates for additional coverage and risk scenarios.
- The best full coverage rate is $1,274
- Drivers who choose higher $1,000 deductibles will pay $342 a year
- The average price for the average middle-age driver who chooses $500 deductibles is $2,258
- Buying more expensive low deductibles for comprehensive and collision insurance increases the price to $2,924
- Drivers with multiple tickets or accidents could pay around $4,896
- The price to insure a 16-year-old driver with full coverage can cost $8,198 a year
Car insurance prices for a BMW i4 M50 are also quite variable based on deductibles and policy limits, your driver profile, and the model of your i4 M50.
Opting for high physical damage deductibles could save up to $1,010 annually, while increasing your policy's liability limits will push prices upward. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $480 extra every 12 months. View Rates by Deductible or Liability Limit
An older driver with no driving violations and higher deductibles may pay as low as $2,100 per year on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers will be charged in the ballpark of $8,100 a year. View Rates by Age
If you have some driving violations or you were responsible for an accident, you could be paying anywhere from $2,700 to $3,600 extra each year, depending on your age. High-risk driver insurance can cost from 44% to 134% more than the average rate. View High Risk Driver Rates
The state you live in makes a big difference in BMW i4 M50 insurance prices. A 40-year-old driver could pay as low as $1,490 a year in states like Iowa, Maine, and Idaho, or at least $3,220 on average in New York, Louisiana, and Michigan.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $2,038 | -$220 | -9.7% |
| Alaska | $1,732 | -$526 | -23.3% |
| Arizona | $1,874 | -$384 | -17.0% |
| Arkansas | $2,258 | -$0 | 0.0% |
| California | $2,572 | $314 | 13.9% |
| Colorado | $2,156 | -$102 | -4.5% |
| Connecticut | $2,320 | $62 | 2.7% |
| Delaware | $2,554 | $296 | 13.1% |
| Florida | $2,822 | $564 | 25.0% |
| Georgia | $2,086 | -$172 | -7.6% |
| Hawaii | $1,622 | -$636 | -28.2% |
| Idaho | $1,530 | -$728 | -32.2% |
| Illinois | $1,682 | -$576 | -25.5% |
| Indiana | $1,700 | -$558 | -24.7% |
| Iowa | $1,524 | -$734 | -32.5% |
| Kansas | $2,144 | -$114 | -5.0% |
| Kentucky | $3,078 | $820 | 36.3% |
| Louisiana | $3,342 | $1,084 | 48.0% |
| Maine | $1,394 | -$864 | -38.3% |
| Maryland | $1,864 | -$394 | -17.4% |
| Massachusetts | $1,804 | -$454 | -20.1% |
| Michigan | $3,922 | $1,664 | 73.7% |
| Minnesota | $1,890 | -$368 | -16.3% |
| Mississippi | $2,704 | $446 | 19.8% |
| Missouri | $2,004 | -$254 | -11.2% |
| Montana | $2,426 | $168 | 7.4% |
| Nebraska | $1,776 | -$482 | -21.3% |
| Nevada | $2,706 | $448 | 19.8% |
| New Hampshire | $1,626 | -$632 | -28.0% |
| New Jersey | $2,522 | $264 | 11.7% |
| New Mexico | $2,000 | -$258 | -11.4% |
| New York | $2,376 | $118 | 5.2% |
| North Carolina | $1,300 | -$958 | -42.4% |
| North Dakota | $1,848 | -$410 | -18.2% |
| Ohio | $1,558 | -$700 | -31.0% |
| Oklahoma | $2,316 | $58 | 2.6% |
| Oregon | $2,070 | -$188 | -8.3% |
| Pennsylvania | $2,152 | -$106 | -4.7% |
| Rhode Island | $3,010 | $752 | 33.3% |
| South Carolina | $2,042 | -$216 | -9.6% |
| South Dakota | $1,904 | -$354 | -15.7% |
| Tennessee | $1,976 | -$282 | -12.5% |
| Texas | $2,720 | $462 | 20.5% |
| Utah | $1,672 | -$586 | -26.0% |
| Vermont | $1,544 | -$714 | -31.6% |
| Virginia | $1,354 | -$904 | -40.0% |
| Washington | $1,742 | -$516 | -22.9% |
| West Virginia | $2,070 | -$188 | -8.3% |
| Wisconsin | $1,564 | -$694 | -30.7% |
| Wyoming | $2,012 | -$246 | -10.9% |
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 BMW i4 M50 | $540 | $1,030 | $510 | $2,298 |
| 2023 BMW i4 M50 | $516 | $990 | $534 | $2,258 |
| 2022 BMW i4 M50 | $494 | $982 | $546 | $2,240 |
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 Shop for the Best BMW i4 M50 Insurance
Getting lower rates on insurance for a BMW i4 M50 not only requires avoiding accidents and claims, but also maintaining a good credit score, eliminating unnecessary coverage, and attention to physical damage deductibles. Invest time comparing rates at least once a year by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.
The points below are a brief recap of the primary concepts that were covered in the charts and tables above.
- Drivers can save around $280 per year just by shopping early and online
- Drivers considered higher risk who tend to receive serious violations may pay on average $2,640 more per year to insure a BMW i4 M50
- Increasing physical damage deductibles could save as much as $1,000 each year
- Drivers under the age of 20 pay the highest auto insurance prices, with premiums as much as $683 a month if the policy includes full coverage
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $8,198 |
| 20 | $5,224 |
| 30 | $2,372 |
| 40 | $2,258 |
| 50 | $2,058 |
| 60 | $2,022 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $2,924 |
| $250 | $2,614 |
| $500 | $2,258 |
| $1,000 | $1,916 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $2,258 |
| 50/100 | $2,365 |
| 100/300 | $2,498 |
| 250/500 | $2,845 |
| 100 CSL | $2,418 |
| 300 CSL | $2,712 |
| 500 CSL | $2,926 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $11,758 |
| 20 | $8,314 |
| 30 | $5,024 |
| 40 | $4,896 |
| 50 | $4,668 |
| 60 | $4,626 |
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 | $122 |
| Multi-vehicle | $117 |
| Homeowner | $31 |
| 5-yr Accident Free | $176 |
| 5-yr Claim Free | $148 |
| Paid in Full/EFT | $111 |
| Advance Quote | $116 |
| Online Quote | $163 |
| Total Discounts | $984 |
Discounts are estimated and may not be available from every company or in every state.
Compare Rates and Save
Find companies with the cheapest rates in your area
Secured with SHA-256 Encryption
