BMW i4 Car Insurance Calculator

Gain insights into how changing risk factors impact the cost of insurance for a BMW i4. Customize policy discounts, trim level options, driving record, and coverage amounts to learn how each affects rates. Know immediately if the choices you make result in a cheaper or more expensive rate.

The average estimated car insurance premium for a 2024 BMW i4 is $2,734 per year, or about $228 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,734

Cost Per Month

$228

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

BMW i4 Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a BMW i4.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,734
Average Rate
Your Rate
$2,734

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

Changing the Model Year option in the calculator will reset the Average Rate to the average cost to insure that specific model year BMW i4.

The 'Average Rate' is a combined value for all BMW i4 trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2024 BMW i4 is $2,734.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2024 BMW i4 vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2024 BMW i4 against all other models in the midsize luxury car segment. The BMW i4 is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the BMW i4, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW i4.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2024 BMW i4 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mercedes-Benz CLA250$2,410-$324
2Lexus IS 300$2,414-$320
3Lexus ES 350$2,446-$288
4Mercedes-Benz AMG CLA35$2,456-$278
5Lexus RC 300$2,462-$272
6Jaguar XF$2,476-$258
7Cadillac CT5$2,526-$208
8Lexus ES 250$2,534-$200
9Lexus ES 300h$2,572-$162
10Audi A3$2,634-$100
11Infiniti Q50$2,650-$84
12Mercedes-Benz AMG CLA45$2,682-$52
13Audi S4$2,692-$42
14Mercedes-Benz EQE 350$2,724-$10
15BMW i4$2,734--
16Lexus IS 500$2,770$36
17BMW 530i$2,848$114
2024 Midsize Luxury Car Average$2,874$140
18Audi S5$2,890$156
19BMW 540i$2,900$166
20BMW 430i$2,940$206
21BMW i5$2,960$226
22Genesis G80$2,976$242
23Mercedes-Benz EQE 500$3,008$274
24Mercedes-Benz AMG C43$3,024$290
25Audi A6$3,036$302
26Tesla Model S$3,070$336
27BMW 530e$3,100$366
28Audi RS 5$3,106$372
29Audi S6$3,128$394
30BMW M440i$3,206$472
31Audi A7$3,268$534
32Lexus LC 500h$3,508$774
33Audi S7$3,624$890
34BMW M8$3,948$1,214

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2024 i4 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 BMW i4.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2024 BMW i4 Insurance Rates by Trim Level
2024 BMW i4 Trim Level Annual Premium Cost Per Month
eDrive35$2,584$215
eDrive40$2,692$224
xDrive40$2,768$231
M50 Gran Coupe$2,896$241

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2024 BMW i4 for different driver ages.

2024 BMW i4 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,646$804
17$9,376$781
18$8,461$705
19$7,686$641
20$5,901$492
21$5,633$469
22$5,055$421
23$4,134$345
24$3,916$326
25$3,178$265
30$2,922$244
35$2,806$234
40$2,734$228
45$2,552$213
50$2,414$201
55$2,252$188
60$2,258$188
65$2,408$201
70$2,590$216
75$3,032$253
80$3,732$311

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all BMW i4 trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the BMW i4.

These values do not change with the calculator settings. These rates provide a "base average rate" to compare your calculated rate to, and the highlighted row indicates the currently selected model year.

Changing the calculator settings will cause your rate to move higher or lower than the average annual premium.

If the calculated 'Annual Premium' shown at the bottom of your screen is higher than the highlighted annual premium in the table, refer to the insurance analysis section to find out what factors might be causing the increase.

Average BMW i4 Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 BMW i4$2,734$228
2023 BMW i4$2,636$220
2022 BMW i4$2,438$203

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all BMW i4 trim levels for each model year.