BMW Z4 Car Insurance Cost for 2022

How does BMW Z4 insurance cost compare to other small luxury cars? We analyzed rates from the sDrive 30i model up to the sDrive 40i Executive Convertible trim to see how prices compare.

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How much does BMW Z4 insurance cost?

BMW Z4 car insurance costs an average of $1,642 per year for a full coverage policy, which is the equivalent of $137 a month. Liability and medical payments insurance will cost approximately $436 a year, collision insurance will cost about $764, and the remaining comprehensive coverage is around $442.

The following chart illustrates how average BMW Z4 car insurance rates vary based on the age of the driver and physical damage deductibles.

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Chart Data Details: Chart shows average insurance cost for a 2022 BMW Z4 with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all BMW Z4 trim levels.Data last updated on September 13, 2022
BMW Z4 Car Insurance Cost
BMW Z4 Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,712$226
$500$3,242$270
$250$3,802$317
30$1,000$1,442$120
$500$1,740$145
$250$2,052$171
40$1,000$1,368$114
$500$1,642$137
$250$1,928$161
50$1,000$1,246$104
$500$1,492$124
$250$1,750$146
60$1,000$1,224$102
$500$1,466$122
$250$1,718$143

To help you grasp how much insurance on a BMW Z4 can vary, consider that a liability-only policy for a BMW Z4 in the most affordable parts of Vermont or Ohio may be as low as $231 a year.  A newly-licensed teenage driver with a few speeding tickets in the most expensive zip codes in America may have to pay as much as $14,654 a year for a policy with full coverage.

Some additional insights into insurance rates and possible policy discounts include:

  • As you age, car insurance rates tend to get cheaper. The difference in 2022 BMW Z4 insurance rates between a 50-year-old driver ($1,492 per year) and a 30-year-old driver ($1,740 per year) is $248, or a savings of 14.3%.
  • Gender and age are two big factors. For a 2022 BMW Z4, a 20-year-old man will pay an average rate of $3,242 per year, while a 20-year-old woman pays an estimated $2,410, a difference of $832 per year. Women get significantly cheaper rates. But by age 50, male rates are $1,492 and the rate for females is $1,464, a difference of only $28.
  • Improve your credit rating to save on insurance. In states that have laws that do not prevent credit score data to be used for the purpose of coming up with an insurance rate, having a high credit rating of over 800 could find savings as much as $258 per year compared to a good credit rating of 670-739. Conversely, a subpar credit score could cost as much as $299 more per year.
  • Violations and tickets cost more than a fine. If you want the most affordable price on Z4 insurance rates, it’s necessary to not be an aggressive driver. In fact, just a couple minor incidents on your driving report could increase insurance cost by as much as $420 per year.
  • Higher physical damage deductibles lower policy cost. Raising your policy deductibles from $500 to $1,000 could save around $274 per year for a 40-year-old driver and $530 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 $286 per year for a 40-year-old driver and $560 per year for a 20-year-old driver.
  • Lots of policy discounts equals cheaper Z4 insurance. Discounts may be available if the insured drivers are accident-free, take a defensive driving course, are military or federal employees, sign their policy early, or many other policy discounts which could save the average driver as much as $276 per year on BMW Z4 insurance.
  • Get cheaper rates because of your employment. Some auto insurance providers offer policy discounts for working in professions like the military, doctors, emergency medical technicians, engineers, lawyers, and other occupations. Getting this discount applied to your policy could save between $49 and $159 on your annual Z4 insurance cost, depending on the policy coverages selected.

Is BMW Z4 insurance expensive?

The cheapest model of BMW Z4 to insure is the $49,900 sDrive Convertible at an estimated $1,562 per year. The average all-vehicle insurance rate is $1,567, so insurance for the cheapest Z4 is $5 more expensive per year than the average vehicle.

The $63,700 M40i Convertible trim is the most expensive to insure, costing an average of $160 more per year.

The next table details the estimated annual and 6-month policy costs, plus a monthly amount for budgeting, for each BMW Z4 package and trim level.

2022 BMW Z4 Insurance Cost by Trim Level
BMW Z4 Trim Level Annual Policy 6-month Policy Per Month
sDrive Convertible$1,562$781$130
M40i Convertible$1,722$861$144

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Table Data Details: Average rates are for a 2022 BMW Z4, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on September 13, 2022
BMW Z4 Insurance Cost by Trim Level

Is a BMW Z4 cheap to insure compared to similar cars?

The BMW Z4 ranks #3 out of 23 total vehicles in the sports car category. The Z4 costs an estimated $1,642 per year for full coverage insurance and the segment median rate is $2,152 annually, a difference of $510 per year.

When BMW Z4 car insurance rates are compared to the best-selling models in the sports car category, the Z4 costs $34 more per year than the Ford Mustang, $280 less than the Chevy Corvette, $422 less than the Porsche 718, and $784 less than the Porsche 911.

The chart below shows how well the Z4 fares against the top 10 selling sports cars in the U.S. A more comprehensive data table is included after the chart that shows insurance cost rankings for the entire 23 vehicle sports car segment.

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Chart Data Details: Average rates are for a 2022 model year BMW Z4, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all BMW Z4 trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on September 13, 2022
BMW Z4 Insurance Cost vs Other Sports Cars
BMW Z4 Insurance Cost Compared to All Sports Cars
Rank Make/Model Insurance Cost Difference
1Mazda MX-5 Miata$1,322-$320
2Ford Mustang$1,608-$34
3BMW Z4$1,642--
4Subaru WRX$1,734$92
5Toyota GR86$1,776$134
6Toyota GR Supra$1,818$176
7Audi TT$1,856$214
8Subaru BRZ$1,916$274
9Chevrolet Corvette$1,922$280
10BMW M3$1,974$332
11Porsche 718$2,064$422
12Chevrolet Camaro$2,112$470
13Lexus RC F$2,162$520
14Dodge Challenger$2,170$528
15Mercedes-Benz AMG GT53$2,202$560
16Jaguar F-Type$2,304$662
17Porsche Taycan$2,366$724
18Porsche 911$2,426$784
19BMW M4$2,428$786
20Lexus LC 500$2,514$872
21Acura NSX$2,948$1,306
22Audi R8$3,078$1,436
23Nissan GT-R$3,154$1,512

Do new Z4 models cost more to insure?

A new 2022 BMW Z4 will cost around $464 more to insure per year than a 2015 model, and $554 more than a 2013 model.

New Z4 models have much higher replacement cost value than even a model that is a year or two old, and insurance cost goes down as each year goes by. Depreciation eventually devalues any vehicle to the point where a full coverage policy may not make sense.

The following table details estimated insurance rates for a BMW Z4 for various driver age groups and BMW Z4 model years. Average insurance cost ranges from the most affordable price of $976 for a 60-year-old driver rated on a 2013 BMW Z4 to a high of $3,242 for a 20-year-old with a 2022 model year.

BMW Z4 Insurance Cost for 2013-2022 Models
Model Year Driver Age 20 Age 30 Age 40 Age 50 Age 60
2022$3,242$1,740$1,642$1,492$1,466
2021$3,166$1,694$1,600$1,456$1,430
2020$3,104$1,660$1,568$1,428$1,402
2016$2,628$1,404$1,328$1,210$1,186
2015$2,304$1,250$1,178$1,070$1,050
2014$2,562$1,356$1,292$1,178$1,156
2013$2,150$1,154$1,088$994$976

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Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on September 13, 2022
BMW Z4 Insurance Cost by Model Year