Compare the Cost of BMW 4 Series Insurance by Model Year and Company

On average, an auto insurance policy for a BMW 4 Series costs $1,769 per year, which is $342 more expensive than the average car insurance cost. MoneyGeek’s research shows that BMW 4 Series insurance is expensive compared to the average car model’s insurance cost. However, rates vary depending on your insurance company and your car’s model year.

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Last Updated: 5/18/2022
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When looking for a car insurance policy, it’s best to compare quotes from different companies. Since every company evaluates your information differently, you might be able to get cheaper rates this way. Additionally, depending on your BMW 4 Series model year, each company will have different car insurance costs.

Key Takeaways for Bmw 4 Series Insurance

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The average cost of insuring a BMW 4 Series is $1,769 per year, which is $342 more expensive than the average car insurance cost across all models.

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The average cost of insurance for a BMW 4 Series can change by as much as $907 per year depending on the insurance company.

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The average cost of insurance for a BMW 4 Series can change by as much as $199 per year depending on how old your car is, with cheaper rates for older models.

How Much It Costs to Insure a BMW 4 Series and the Cheapest Company

The insurer you choose can impact your car insurance costs. On average, it costs $1,769 per year to buy an auto insurance policy for a BMW 4 Series. Progressive, the cheapest car insurance company, offers insurance for this model at an average annual cost of $1,619. The average cost difference between the cheapest and the most expensive insurer for a BMW4 Series, Allstate, is $683. Additionally, USAA offers the cheapest rates for military families at roughly $1,396 annually.

The Average Annual Cost of BMW 4 Series Insurance by Company

MoneyGeek collected thousands of insurance rates for a BMW 4 Series across all available BMW 4 Series model years for a 40-year-old driver who has 100/300/100 liability insurance with comprehensive and collision coverage.

The Average Cost to Insure a BMW 4 Series by Company

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Is a BMW 4 Series Expensive to Insure?

Insurance companies consider a variety of factors to determine the cost of car insurance. While the BMW 4 Series is a moderate-value car, it’s expensive to insure because the most recent data from the National Highway Traffic Safety Administration indicates that it is stolen at an above-average theft rate. Cars with a high theft rate have higher insurance costs because insurance companies consider them risky to insure.

The Best Car Insurance Company for a BMW 4 Series

While looking for BMW 4 Series insurance quotes, the cost of the policy shouldn’t be the only factor in your consideration. MoneyGeek’s rating system also evaluated customer complaints, affordability, customer satisfaction and financial stability.

  • MoneyGeek determined that USAA is the best car insurance company for a BMW 4 Series. However, the policies offered by USAA are only reserved for military families.
  • Progressive is ranked as the second-best company and is the most widely available option for BMW 4 Series insurance.

1
USAA
Score:98.5

5/5

Affordability

4.5/5

Claims Ratings

5/5

User Satisfaction

5/5

Financial Stability

2
Progressive
Score:84.1

4.5/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

3
Nationwide
Score:83.7

4.3/5

Affordability

4.5/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

4
GEICO
Score:83.7

4.5/5

Affordability

3.5/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

5
State Farm
Score:81.4

4.1/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

6
Allied
Score:NaN

3.7/5

Affordability

#N/A

Claims Ratings

#N/A

User Satisfaction

#N/A

Financial Stability

7
Allstate
Score:69

3/5

Affordability

4.5/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

How Much It Costs to Insure a BMW 4 Series by Model Year

As a car’s value depreciates, collision and comprehensive insurance get cheaper. That’s why older models of the BMW 4 Series are less expensive to insure. For example, insurance for a 2016 BMW 4 Series costs $1,669 per year on average, while you pay an average of $1,868 annually to insure a 2020 BMW 4 Series. This is a difference of $199.

The following are the average costs of insuring a BMW 4 Series by model year:

  • 2016 BMW 4 Series: $1,669 per year
  • 2017 BMW 4 Series: $1,746 per year
  • 2018 BMW 4 Series: $1,844 per year
  • 2019 BMW 4 Series: $1,852 per year
  • 2020 BMW 4 Series: $1,868 per year

The cheapest insurer for a 2020 BMW 4 Series is Nationwide, with an average cost of $1,507 per year. Since the cheapest company can change depending on the car’s model year, you can select your car’s model year below to see how rates change.

The Average Cost to Insure a BMW 4 Series by Model Year

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  • Company
    Average Annual Rates (2020 model)
    Average Annual Rates (2019 model)
    Average Annual Rates (2018 model)
    Average Annual Rates (2017 model)
    Average Annual Rates (2016 model)
  • 1.
    $1,513
    $1,494
    $1,485
    $1,368
    $1,278
  • 2.
    $1,705
    $1,691
    $1,684
    $1,600
    $1,534
  • 3.
    $1,827
    $1,796
    $1,781
    $1,592
    $1,445
  • 4.
    $1,507
    $1,538
    $1,553
    $1,741
    $1,887
  • 5.
    $1,873
    $1,860
    $1,854
    $1,774
    $1,712

How Expensive Is It to Insure a BMW 4 Series Compared to Other Cars?

MoneyGeek’s research shows that a BMW 4 Series is expensive to insure compared to the average car insurance cost across all models. On average, it costs $1,769 per year to purchase an insurance policy for a BMW 4 Series, which is $342 more expensive than the average car insurance cost.

How Much It Costs to Insure a BMW 4 Series for 16- to 25-Year-Olds

Usually, younger drivers pay higher car insurance premiums because insurance companies consider them inexperienced. MoneyGeek’s data shows that an 18-year-old driver pays an average of $5,722 per year to insure a BMW 4 Series. This is approximately $4,003 more than a 40-year-old driver pays for the same car. You can find the cost of car insurance for young drivers aged 16 to 25 below.

Since buying a car insurance policy as a young driver can be expensive, parents and their children can save money on insurance by being on the same policy.

The Average Cost to Insure a BMW 4 Series by Driver Age

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  • Age
    Average Annual Rates
  • 16
    $7,400
  • 17
    $6,556
  • 18
    $5,772
  • 19
    $4,134
  • 20
    $3,690
  • 21
    $2,921
  • 22
    $2,691
  • 23
    $2,462
  • 24
    $2,311
  • 25
    $2,097
  • 40
    $1,769

How Does Location Affect the Cost of BMW 4 Series Insurance?

The BMW 4 Series insurance costs mentioned in this analysis are a national average. However, your location can significantly impact your car insurance rates. Our state analysis page can help you learn more about the cost of car insurance in individual states.

FAQs About BMW 4 Series Insurance

The model year of your BMW 4 Series can have a major impact on the price of insurance. However, it is only one of the many factors you have to consider. You can learn more about the BMW 4 Series car insurance from the following frequently asked questions.

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Methodology

For this analysis, MoneyGeek collected thousands of insurance rates for a BMW 4 Series across all available BMW 4 Series model years. These rates were for a full coverage policy with:

  • $100,000 in bodily injury liability insurance per person
  • $300,000 in bodily injury liability insurance per accident
  • $100,000 in property damage liability insurance per accident
  • Comprehensive and collision insurance with a $1,000 deductible

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.