2022 BMW M8 Car Insurance Calculator

See in real-time how the choices you make influence insurance rates for a 2022 BMW M8. Adjust factors such as driving record, coverage levels, mileage driven, and vehicle usage. Instantly know if rates change for better or worse.

The average estimated car insurance premium for a 2022 BMW M8 is $3,656 per year, or about $305 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

$3,656

Cost Per Month

$305

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 M8 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 2022 BMW M8.

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.

$3,656
Average Rate
Your Rate
$3,656

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 2022 BMW M8 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 2022 BMW M8 is $3,656.

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.

2022 BMW M8 vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2022 BMW M8 against all other models in the midsize luxury car segment. The BMW M8 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 M8, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW M8.

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

2022 BMW M8 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura ILX$1,968-$1,688
2Lexus RC 300$2,370-$1,286
3Mercedes-Benz AMG CLA35$2,424-$1,232
4BMW i4$2,438-$1,218
5Cadillac CT5$2,446-$1,210
6Audi A3$2,472-$1,184
7Mercedes-Benz AMG CLA45$2,482-$1,174
8Mercedes-Benz CLA250$2,494-$1,162
9Lexus ES 250$2,504-$1,152
10Lexus IS 300$2,510-$1,146
11Lexus ES 350$2,518-$1,138
12Audi S5$2,596-$1,060
13Audi S4$2,612-$1,044
14BMW 530i$2,650-$1,006
15Lexus ES 300h$2,660-$996
16Genesis G80$2,674-$982
17Mercedes-Benz E350$2,676-$980
18BMW 530e$2,702-$954
19BMW 540i$2,708-$948
20BMW M440i$2,720-$936
21Mercedes-Benz E450$2,732-$924
22Audi A6$2,804-$852
23Jaguar XF$2,812-$844
2022 Midsize Luxury Car Average$2,819-$837
24Lexus IS 500$2,846-$810
25BMW 430i$2,876-$780
26Mercedes-Benz CLS450$2,896-$760
27Infiniti Q50$3,008-$648
28Audi RS 5$3,040-$616
29Mercedes-Benz AMG C43$3,060-$596
30Audi S6$3,082-$574
31Mercedes-Benz AMG C63$3,156-$500
32Audi A7$3,252-$404
33BMW M550i$3,282-$374
34Lexus LC 500h$3,348-$308
35Tesla Model S$3,408-$248
36Audi S7$3,526-$130
37BMW M8$3,656--
38BMW M5$3,696$40

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.

2022 M8 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2022 BMW M8.

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.

2022 BMW M8 Insurance Rates by Trim Level
2022 BMW M8 Trim Level Annual Premium Cost Per Month
Competition Coupe$3,612$301
Competition Gran Coupe$3,612$301
Competition Convertible$3,742$312

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 2022 BMW M8 for different driver ages.

2022 BMW M8 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$12,651$1,054
17$12,387$1,032
18$11,347$946
19$10,242$854
20$7,908$659
21$7,549$629
22$6,805$567
23$5,506$459
24$5,238$437
25$4,260$355
30$3,924$327
35$3,748$312
40$3,656$305
45$3,398$283
50$3,206$267
55$2,992$249
60$3,004$250
65$3,206$267
70$3,416$285
75$3,956$330
80$4,856$405

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 M8 trim levels.