BMW M2 Car Insurance Calculator

Gain insights into how the choices you make impact car insurance rates for a BMW M2. Tweak settings like credit rating, policy coverages, and liability limits to see how insurance cost is affected. See instantly if the change you make raises or lowers insurance rates and why.

The average estimated car insurance premium for a 2024 BMW M2 is $2,708 per year, or about $226 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

$2,708

Cost Per Month

$226

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 M2 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 M2.

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.

$2,708
Average Rate
Your Rate
$2,708

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 M2.

The 'Average Rate' is a combined value for all BMW M2 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 M2 is $2,708.

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 M2 vs. the Sports Car Segment

The table below compares insurance rates for the 2024 BMW M2 against all other models in the sports car segment. The BMW M2 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 M2, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW M2.

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

2024 BMW M2 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$2,166-$542
2Toyota GR86$2,468-$240
3Ford Mustang$2,572-$136
4BMW Z4$2,590-$118
5Subaru WRX$2,624-$84
6Toyota GR Supra$2,632-$76
7BMW M2$2,708--
8Nissan Z$2,716$8
9Lexus RC F$2,766$58
10Subaru BRZ$2,802$94
11BMW M3$2,960$252
12Porsche 718$3,016$308
13Chevrolet Camaro$3,044$336
2024 Sports Car Average$3,222$514
14Chevrolet Corvette$3,244$536
15Porsche 911$3,356$648
16BMW M4$3,494$786
17Lexus LC 500$3,514$806
18Jaguar F-Type$3,694$986
19Mercedes-Benz AMG GT53$3,876$1,168
20Porsche Taycan$3,968$1,260
21Mercedes-Benz SL 55$4,520$1,812
22Nissan GT-R$4,562$1,854
23Mercedes-Benz SL 63$4,812$2,104

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 M2 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 BMW M2.

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 M2 Insurance Rates by Trim Level
2024 BMW M2 Trim Level Annual Premium Cost Per Month
Coupe$2,570$214
Coupe Carbon Package$2,848$237

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 M2 for different driver ages.

2024 BMW M2 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,453$788
17$9,204$767
18$8,338$695
19$7,565$630
20$5,826$486
21$5,560$463
22$5,001$417
23$4,086$341
24$3,877$323
25$3,148$262
30$2,896$241
35$2,778$232
40$2,708$226
45$2,526$211
50$2,390$199
55$2,232$186
60$2,238$187
65$2,382$199
70$2,552$213
75$2,978$248
80$3,654$305

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 M2 trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the BMW M2.

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 M2 Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 BMW M2$2,708$226
2023 BMW M2$2,646$221
2021 BMW M2$2,568$214
2020 BMW M2$2,486$207
2019 BMW M2$2,422$202
2018 BMW M2$2,202$184
2017 BMW M2$2,126$177
2016 BMW M2$2,002$167

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 M2 trim levels for each model year.