- BMW X4 car insurance costs an average of $2,092 per year, or about $174 per month for a policy with full coverage.
- The X4 xDrive30i trim level is the cheapest to insure at around $1,998 per year. The most expensive trim is the M xDrive at $2,178 per year.
- When compared to other 2023 small luxury SUVs, the BMW X4 is one of the more expensive small luxury SUVs to insure, costing $132 more per year on average.
How much does BMW X4 car insurance cost?
BMW X4 insurance costs on average $2,092 a year, or around $174 on a monthly basis. Drivers can plan on paying around $132 more per year for X4 insurance when compared to the average rate for all small luxury SUVs, and $364 more per year than the overall all-vehicle national average of $1,728.
The following chart illustrates average insurance rates on a BMW X4 for different driver ages, deductible levels, and risk profiles.
What is the cheapest BMW X4 car insurance?
With BMW X4 car insurance cost ranging from $1,998 to $2,178 annually for the average driver, the most budget-friendly model to insure is the base xDrive30i. The second cheapest trim level to insure is the M40i xDrive.
At the top end of car insurance cost, the $77,900 M xDrive trim is the most expensive to insure, costing an average of $180 more per year than the cheapest model.
The next table details average yearly and 6-month policy costs for full coverage insurance on a 2023 X4 for each available trim level.
| BMW X4 Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| xDrive30i | $1,998 | $999 | $167 |
| M40i xDrive | $2,104 | $1,052 | $175 |
| M xDrive | $2,178 | $1,089 | $182 |
Is BMW X4 insurance expensive?
When compared to the best-selling models in the small luxury SUV category, insurance for a BMW X4 costs $50 more per year than the Audi Q5, $40 less per year than the BMW X3, $584 more per year than the Acura RDX, and $240 more per year than the Volvo XC60.
The BMW X4 ranks 30th out of 37 total vehicles in the 2023 compact luxury SUV segment. The X4 costs an average of $2,092 per year for insurance and the segment average cost is $1,960 per year, a difference of $132 per year.
The table below shows how well average X4 car insurance rates fare against the entire small luxury SUV and crossover market.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Acura RDX | $1,508 | -$584 |
| 2 | Cadillac XT4 | $1,634 | -$458 |
| 3 | Volvo XC40 | $1,664 | -$428 |
| 4 | Lexus UX 250h | $1,694 | -$398 |
| 5 | Mercedes-Benz GLA250 | $1,756 | -$336 |
| 6 | Mercedes-Benz GLB 250 | $1,762 | -$330 |
| 7 | Lexus NX 250 | $1,786 | -$306 |
| 8 | Lexus NX 350h | $1,806 | -$286 |
| 9 | Lexus NX 350 | $1,818 | -$274 |
| 10 | Lincoln Corsair | $1,820 | -$272 |
| 11 | Lexus NX 450h | $1,826 | -$266 |
| 12 | BMW X1 | $1,838 | -$254 |
| 13 | Alfa Romeo Tonale | $1,842 | -$250 |
| 14 | Mercedes-Benz GLC300 | $1,844 | -$248 |
| 15 | Lexus RZ 450e | $1,848 | -$244 |
| 16 | Volvo XC60 | $1,852 | -$240 |
| 17 | Audi Q3 | $1,868 | -$224 |
| 18 | Land Rover Evoque | $1,878 | -$214 |
| 19 | Volvo C40 | $1,894 | -$198 |
| 20 | Infiniti QX55 | $1,958 | -$134 |
| 21 | Mercedes-Benz GLA35 AMG | $1,964 | -$128 |
| 22 | Genesis GV70 | $1,998 | -$94 |
| 23 | Mercedes-Benz EQB 300 | $2,008 | -$84 |
| 24 | Genesis GV60 | $2,010 | -$82 |
| 25 | Mercedes-Benz GLA45 AMG | $2,020 | -$72 |
| 26 | Alfa Romeo Stelvio | $2,028 | -$64 |
| 27 | Audi Q5 | $2,042 | -$50 |
| 28 | Land Rover Range Rover Velar | $2,050 | -$42 |
| 29 | Mercedes-Benz EQB 350 | $2,052 | -$40 |
| 30 | BMW X4 | $2,092 | -- |
| 31 | Land Rover Defender | $2,098 | $6 |
| 32 | Jaguar F-Pace | $2,106 | $14 |
| 33 | Audi Q4 | $2,120 | $28 |
| 34 | Porsche Macan | $2,122 | $30 |
| 35 | BMW X3 | $2,132 | $40 |
| 36 | Jaguar I-Pace | $2,252 | $160 |
| 37 | Aston Martin DBX | $3,514 | $1,422 |
A BMW X4 has an average purchase price of $65,833, ranging from $54,200 to $77,900, depending upon trim level and package.
The four compact luxury SUV models most similar in price to the X4 are the Jaguar F-Pace, Land Rover Range Rover Velar, Genesis GV60, and Porsche Macan. The data below shows how those models compare to the BMW X4 for both the cost to buy it and the cost to insure it.
- BMW X4 vs. Jaguar F-Pace – The average MSRP for a 2023 BMW X4 is $158 more expensive than the Jaguar F-Pace, at $65,833 compared to $65,675. Drivers can expect to pay around $14 more each year for full-coverage insurance on the Jaguar F-Pace compared to a X4.
- BMW X4 vs. Land Rover Range Rover Velar – The average MSRP for a 2023 BMW X4 is $1,317 cheaper than the Land Rover Range Rover Velar, at $65,833 compared to $67,150. Insurance on a BMW X4 costs an average of $42 more per year than the Land Rover Range Rover Velar.
- BMW X4 vs. Genesis GV60 – Having an average sticker price of $63,790 and ranging from $59,290 to $68,290, the Genesis GV60 costs $2,043 less than the X4. Insurance on a BMW X4 costs an average of $82 more every 12 months than the Genesis GV60.
- BMW X4 vs. Porsche Macan – For the 2023 model year, the MSRP on the Porsche Macan averages $2,142 more than the average sticker price for the X4 ($67,975 compared to $65,833). The average insurance cost for the X4 compared to the Porsche Macan is $30 less each year.
Links to additional BMW insurance comparisons can be found by visiting our insurance cost comparisons index.
How much is insurance on a used BMW X4?
Insuring a 2015 BMW X4 instead of a more expensive 2023 version could save around $636 per year, depending on the policy coverage levels. Even a barely-used 2019 X4 model will save around $242 each year.
The next table shows typical insurance premiums for different model years and driver ages. Annual car insurance cost on a BMW X4 ranges from a minimum value of $1,302 for a 60-year-old driver rated on a 2015 model to the most expensive rate of $4,164 for a 20-year-old driving a 2023 BMW X4.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 BMW X4 | $4,164 | $2,092 | $1,868 |
| 2022 BMW X4 | $4,616 | $2,318 | $2,068 |
| 2021 BMW X4 | $3,988 | $2,000 | $1,784 |
| 2020 BMW X4 | $3,934 | $1,970 | $1,760 |
| 2019 BMW X4 | $3,686 | $1,850 | $1,652 |
| 2018 BMW X4 | $3,498 | $1,754 | $1,568 |
| 2017 BMW X4 | $3,358 | $1,686 | $1,506 |
| 2016 BMW X4 | $3,136 | $1,570 | $1,406 |
| 2015 BMW X4 | $2,896 | $1,456 | $1,302 |
Below are some additional example average rates for different situations, as well as some discounts and savings tips for your next policy.
- More mature drivers get better rates than young drivers. The difference in X4 car insurance rates between a 60-year-old driver ($1,868 per year) and a 20-year-old driver ($4,164 per year) is $2,296, or a savings of 76.1%.
- BMW X4 insurance rates for teens are expensive. Average rates for full coverage X4 insurance costs $7,356 per year for a 16-year-old driver, $6,920 per year for a 17-year-old driver, and $6,480 per year for an 18-year-old driver.
- Obey driving laws to keep insurance cost low. If you want the cheapest price on X4 insurance, it’s necessary to be an excellent driver. As few as two driving offenses can raise the cost of a policy by up to $546 per year.
- Don’t be a careless driver. Having multiple accidents could cost you more, potentially by an additional $970 per year for a 30-year-old driver and even $624 per year for a 60-year-old driver.
- Driver gender influences rates. For a 2023 BMW X4, a 20-year-old man will pay an estimated rate of $4,164 per year, while a 20-year-old female driver pays an estimated $3,078, a difference of $1,086 per year in favor of the women by a long shot. But by age 50, the cost for male drivers is $1,902 and female driver rates are $1,864, a difference of only $38.
