BMW i8 Car Insurance Calculator

View in real-time how different factors impact the cost of insurance for a BMW i8. Tweak settings like your marital status, location, and homeowner status to see how insurance cost is affected. Immediately discover the impact of your choices on the cost of insurance.

The average estimated car insurance premium for a 2021 BMW i8 is $3,976 per year, or about $331 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

$3,976

Cost Per Month

$331

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 i8 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 i8.

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.

$3,976
Average Rate
Your Rate
$3,976

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 i8.

The 'Average Rate' is a combined value for all BMW i8 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 2021 BMW i8 is $3,976.

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.

2021 BMW i8 vs. the Sports Car Segment

The table below compares insurance rates for the 2021 BMW i8 against all other models in the sports car segment. The BMW i8 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 i8, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW i8.

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

2021 BMW i8 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$1,816-$2,160
2Ford Mustang$2,216-$1,760
3BMW Z4$2,258-$1,718
4Audi TT$2,362-$1,614
5Toyota Supra$2,382-$1,594
6Subaru WRX$2,390-$1,586
7Nissan 370Z$2,434-$1,542
8Subaru BRZ$2,554-$1,422
9BMW M2$2,568-$1,408
10Porsche 718$2,612-$1,364
11Chevrolet Corvette$2,614-$1,362
12Chevrolet Camaro$2,732-$1,244
13Lexus RC F$2,742-$1,234
14Dodge Challenger$2,876-$1,100
15Mercedes-Benz AMG GT53$2,978-$998
2021 Sports Car Average$2,982-$994
16Jaguar F-Type$3,294-$682
17Lexus LC 500$3,360-$616
18BMW M4$3,454-$522
19Porsche 911$3,484-$492
20Mercedes-Benz AMG GT63$3,944-$32
21Acura NSX$3,972-$4
22BMW i8$3,976--
23Audi R8$4,272$296
24Nissan GT-R$4,274$298

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.

2021 i8 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2021 BMW i8.

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.

2021 BMW i8 Insurance Rates by Trim Level
2021 BMW i8 Trim Level Annual Premium Cost Per Month
Hybrid Coupe$3,888$324
Hybrid Convertible$4,064$339

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 2021 BMW i8 for different driver ages.

2021 BMW i8 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$13,826$1,152
17$13,564$1,130
18$12,473$1,039
19$11,226$936
20$8,668$722
21$8,270$689
22$7,453$621
23$5,994$500
24$5,713$476
25$4,640$387
30$4,274$356
35$4,074$340
40$3,976$331
45$3,690$308
50$3,482$290
55$3,252$271
60$3,264$272
65$3,490$291
70$3,712$309
75$4,298$358
80$5,296$441

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 i8 trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the BMW i8.

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 i8 Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2021 BMW i8$3,976$331
2020 BMW i8$3,842$320
2019 BMW i8$3,708$309
2017 BMW i8$3,448$287
2016 BMW i8$3,214$268
2015 BMW i8$2,972$248
2014 BMW i8$2,816$235

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 i8 trim levels for each model year.