- BMW M4 insurance rates cost $2,622 per year on average, or about $219 per month, for a policy with full coverage.
- When compared to other sports cars, the BMW M4 is one of the more expensive sports cars to insure, costing $210 more per year on average.
- The cheapest M4 trim to insure is the Coupe trim at an estimated $2,540 per year.
- The M4 Competition xDrive Convertible is the most expensive to insure at $2,676 per year.
How much does BMW M4 insurance cost?
Ranked 19th out of 26 vehicles in the sports car class, BMW M4 car insurance costs an average of $2,622 annually, or $219 each month. With the average sports car costing $2,412 a year to insure, the BMW M4 may possibly cost an estimated $210 or more annually.
The rate chart below details average auto insurance cost for a M4 using different deductibles and driver age groups.
The table below details the estimated annual and 6-month policy costs, including a monthly insurance rate, for each BMW M4 model and trim level. For the average driver, rates range from $2,540 to $2,676 for the 2023 model year.
| BMW M4 Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| Coupe | $2,540 | $1,270 | $212 |
| Competition Coupe | $2,604 | $1,302 | $217 |
| Competition xDrive Coupe | $2,668 | $1,334 | $222 |
| Competition xDrive Convertible | $2,676 | $1,338 | $223 |
The following table shows average BMW M4 car insurance rates from the 2015 to 2023 model years.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 BMW M4 | $5,198 | $2,622 | $2,336 |
| 2022 BMW M4 | $5,222 | $2,628 | $2,346 |
| 2021 BMW M4 | $5,308 | $2,660 | $2,376 |
| 2020 BMW M4 | $5,232 | $2,616 | $2,340 |
| 2019 BMW M4 | $4,760 | $2,384 | $2,130 |
| 2018 BMW M4 | $4,332 | $2,164 | $1,934 |
| 2017 BMW M4 | $4,130 | $2,064 | $1,848 |
| 2016 BMW M4 | $4,418 | $2,210 | $1,974 |
| 2015 BMW M4 | $3,586 | $1,806 | $1,616 |
More M4 insurance rates and insights
Some other key data insights regarding the cost to insure a BMW M4 include:
- Car insurance is cheaper with higher deductibles. Increasing your deductibles from $500 to $1,000 could save around $470 per year for a 40-year-old driver and $920 per year for a 20-year-old driver.
- Low physical damage deductibles may be wasting money. Dropping your deductibles from $500 to $250 could cost an additional $492 per year for a 40-year-old driver and $972 per year for a 20-year-old driver.
- Careful drivers have lower rates. Too many at-fault accidents can cost more, possibly up to $1,206 per year for a 30-year-old driver and even as much as $790 per year for a 50-year-old driver.
- BMW M4 insurance for teen drivers is expensive. Average rates for full coverage M4 insurance costs $8,946 per year for a 16-year-old driver, $8,474 per year for a 17-year-old driver, $7,964 per year for an 18-year-old driver, and $7,290 per year for a 19-year-old driver.
- High-risk drivers pay much more for M4 insurance. For a 20-year-old driver, having a high frequency of accidents or violations increases the cost by $3,988 or more per year.
- More discounts means cheap BMW M4 insurance rates. Discounts may be available if the insured drivers are military or federal employees, take a defensive driving course, drive low annual mileage, are loyal customers, belong to certain professional organizations, or many other discounts which could save the average driver as much as $444 per year.
- Get better rates due to your profession. Many insurance companies offer discounts for being employed in professions like high school and elementary teachers, police officers and law enforcement, engineers, architects, members of the military, and others. If you work in a qualifying profession, you may save between $79 and $178 on your car insurance premium, depending on the policy coverages selected.
How does BMW M4 car insurance cost rank?
The BMW M4 ranks 19th out of 26 total comparison vehicles in the sports car category for most affordable car insurance prices. The M4 costs an average of $2,622 per year for full coverage insurance and the segment average rate is $2,412 annually, a difference of $210 per year.
When insurance prices are compared to other popular sports cars, auto insurance rates for a BMW M4 cost $352 more than the Lexus RC F, $708 more than the Ford Mustang, $350 more than the Porsche 718, and $674 more than the Subaru WRX.
The chart below shows how well M4 insurance rates fare against the top 10 most popular sports cars. A rankings table is also included following the chart breaking down rates for the entire 26 vehicle sports car segment.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Mazda MX-5 Miata | $1,630 | -$992 |
| 2 | Audi TT | $1,828 | -$794 |
| 3 | Ford Mustang | $1,914 | -$708 |
| 4 | BMW Z4 | $1,928 | -$694 |
| 5 | Subaru WRX | $1,948 | -$674 |
| 6 | Nissan Z | $1,978 | -$644 |
| 7 | Toyota GR Supra | $2,010 | -$612 |
| 8 | Toyota GR86 | $2,034 | -$588 |
| 9 | BMW M2 | $2,036 | -$586 |
| 10 | Subaru BRZ | $2,128 | -$494 |
| 11 | Chevrolet Corvette | $2,176 | -$446 |
| 12 | BMW M3 | $2,224 | -$398 |
| 13 | Lexus RC F | $2,270 | -$352 |
| 14 | Porsche 718 | $2,272 | -$350 |
| 15 | Chevrolet Camaro | $2,310 | -$312 |
| 16 | Mercedes-Benz AMG GT53 | $2,448 | -$174 |
| 17 | Jaguar F-Type | $2,534 | -$88 |
| 18 | Porsche Taycan | $2,590 | -$32 |
| 19 | BMW M4 | $2,622 | -- |
| 20 | Lexus LC 500 | $2,652 | $30 |
| 21 | Dodge Challenger | $2,660 | $38 |
| 22 | Porsche 911 | $2,890 | $268 |
| 23 | Acura NSX | $3,268 | $646 |
| 24 | Audi R8 | $3,378 | $756 |
| 25 | Mercedes-Benz SL 55 | $3,382 | $760 |
| 26 | Mercedes-Benz SL 63 | $3,600 | $978 |
