2023 BMW M4 Car Insurance Calculator

Learn in real-time how life choices impact the insurance cost for a 2023 BMW M4. Customize driver gender, whether you're married or single, the state and city you live in, and homeowner status to learn how each affects rates. Instantly see whether your choice results in cheaper or more expensive rates.

The average estimated car insurance premium for a 2023 BMW M4 is $3,390 per year, or about $283 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

$3,390

Cost Per Month

$283

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 M4 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 2023 BMW M4.

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.

$3,390
Average Rate
Your Rate
$3,390

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.

The 'Average Rate' is a combined value for all 2023 BMW M4 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 2023 BMW M4 is $3,390.

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.

2023 BMW M4 vs. the Sports Car Segment

The table below compares insurance rates for the 2023 BMW M4 against all other models in the sports car segment. The BMW M4 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 M4, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW M4.

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

2023 BMW M4 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$2,104-$1,286
2Audi TT$2,364-$1,026
3BMW Z4$2,488-$902
4Subaru WRX$2,508-$882
5Ford Mustang$2,514-$876
6Nissan Z$2,554-$836
7Toyota GR Supra$2,596-$794
8Toyota GR86$2,628-$762
9BMW M2$2,646-$744
10Subaru BRZ$2,740-$650
11Chevrolet Corvette$2,818-$572
12BMW M3$2,876-$514
13Lexus RC F$2,930-$460
14Porsche 718$2,938-$452
15Chevrolet Camaro$2,976-$414
2023 Sports Car Average$3,120-$270
16Mercedes-Benz AMG GT53$3,170-$220
17Jaguar F-Type$3,274-$116
18Porsche Taycan$3,352-$38
19BMW M4$3,390--
20Dodge Challenger$3,432$42
21Lexus LC 500$3,438$48
22Porsche 911$3,740$350
23Acura NSX$4,236$846
24Audi R8$4,374$984
25Mercedes-Benz SL 55$4,382$992
26Mercedes-Benz SL 63$4,664$1,274

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.

2023 M4 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 BMW M4.

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.

2023 BMW M4 Insurance Rates by Trim Level
2023 BMW M4 Trim Level Annual Premium Cost Per Month
Coupe$3,286$274
Competition Coupe$3,370$281
Competition xDrive Coupe$3,450$288
Competition xDrive Convertible$3,464$289

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 2023 BMW M4 for different driver ages.

2023 BMW M4 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,679$973
17$11,424$952
18$10,444$870
19$9,442$787
20$7,298$608
21$6,969$581
22$6,281$523
23$5,103$425
24$4,852$404
25$3,948$329
30$3,640$303
35$3,480$290
40$3,390$283
45$3,156$263
50$2,978$248
55$2,782$232
60$2,790$233
65$2,972$248
70$3,164$264
75$3,668$306
80$4,494$375

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 M4 trim levels.