Insurance rates for a BMW 4 Series vary depending on the driver's age and the car's model year. For example, insuring a 2015 model for a 16-year-old costs $7,884 per year versus $1,752 for a 40-year-old. Insurance for a 2022 model costs $9,347 for a 16-year-old driver and $2,082 for a 40-year-old. MoneyGeek has rated the best insurers offering a balance of affordability, service and claims experience.
Compare the Cost of BMW 4 Series Insurance by Model Year and Company
A BMW 4 Series is expensive to insure, costing an average of $1,970 annually. State Farm is the cheapest for full coverage at $1,618 per year. Costs vary depending on the driver's age, model year and insurance provider.
Mark Fitzpatrick
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
Margarita Barresi
Editor and Copywriter
Margarita Barresi is an editor at MoneyGeek with over 25 years of copyediting and writing experience. Throughout her career, she has edited hundreds of publications — from web content and product guides to university magazines. She has written and edited copy for clients like Bausch & Lomb, Glaxo, Frito-Lay and Dunkin' Donuts. Barresi earned her public relations degree from Boston University.
Mark Fitzpatrick
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
Margarita Barresi
Editor and Copywriter
Margarita Barresi is an editor at MoneyGeek with over 25 years of copyediting and writing experience. Throughout her career, she has edited hundreds of publications — from web content and product guides to university magazines. She has written and edited copy for clients like Bausch & Lomb, Glaxo, Frito-Lay and Dunkin' Donuts. Barresi earned her public relations degree from Boston University.
Updated: May 20, 2024
Advertising & Editorial Disclosure
Table of Contents
Why Trust MoneyGeek? We collected thousands of car insurance quotes from Quadrant Information Services to analyze the average rates for a BMW 4 Series.
We updated these rates to reflect the average cost of car insurance for a BMW 4 Series as of 2023.
Average Cost and Cheapest Companies for Insuring a BMW 4 Series
BMW 4 Series insurance costs an average $1,970 per year, but the provider you choose can significantly impact your premiums. State Farm is the cheapest option for full coverage at $1,618 per year, while Allstate is the most expensive at $2,363 per year.
For minimum coverage, the cheapest provider is State Farm at $473 per year, while the most expensive is Progressive at $732 per year. Prices can vary based on the driver's age, location and driving history, so always compare rates from multiple providers to find the best deal.
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- Full Coverage
- State Minimum
State Farm | Average Annual Premium$1,618 |
Nationwide | Average Annual Premium$1,734 |
GEICO | Average Annual Premium$1,753 |
Travelers | Average Annual Premium$1,758 |
Progressive | Average Annual Premium$2,136 |
Farmers | Average Annual Premium$2,200 |
Allstate | Average Annual Premium$2,363 |
Is a BMW 4 Series Expensive to Insure?
Insurers consider many factors when determining insurance costs for a BMW 4 Series. This model series is expensive to insure because it has a high MSRP rate of $46,195, and the National Highway Traffic Safety Administration (NHTSA) reports it is stolen at a higher rate than average. In addition, sports cars are pricier to insure because their drivers are more likely to take risks.
Best Companies for Insuring a BMW 4 Series
When shopping for BMW 4 Series insurance, consider other factors besides cost. The best car insurance companies also provide excellent customer service and claims experience.
Based on MoneyGeek's rating, State Farm and GEICO are the top-rated insurers for the BMW 4 Series.
- State Farm: MoneyGeek score of 90 out of 100 ($1,618 per year)
- Travelers: MoneyGeek score of 89 out of 100 ($1,758 per year)
State Farm scored highest in customer satisfaction, while Travelers scored higher in coverages offered and customer claims experience.
MoneyGeek Top Pick: State Farm
pros
Offers the most affordable pricing
Good customer satisfaction rating
Offers roadside assistance
cons
Offers few coverage add-ons
Below-average claims handling score
COMPANY HIGHLIGHTS
State Farm is the best car insurance provider for a BMW 4 Series car. The company offers the cheapest annual premium of $1,618. It’s relatively affordable and provides good customer service. However, the company offers few add-ons and could improve its claims handling process.
State Farm provides rental car and/or travel reimbursement and roadside assistance. The rental car and travel reimbursement covers car rental expenses up to certain limits, travel expenses and repayment of up to $500 of a deductible if you cause an accident in your rental car.
The company’s roadside assistance pays for mechanical labor for up to one hour, towing, delivery of gas, oil, battery or change of tire and locksmith labor for up to one hour to unlock a covered car.
MoneyGeek Runner-Up: Travelers
pros
Second most affordable policies
Above-average customer satisfaction score
Offers a good selection of add-on coverages
cons
Average claims experience rating
COMPANY HIGHLIGHTS
Travelers is a well-known car insurance provider that offers various coverage options. With competitive rates and customizable coverage plans, Travelers can be a great option for BMW 4 Series owners looking for reliable and affordable car insurance.
The company’s roadside assistance add-on covers unexpected car trouble like a dead battery. Travelers offers accident forgiveness as part of its Responsible Driver Plan. This coverage forgives one accident in a set period to protect against premium increases.
Travelers’ gap insurance helps pay the difference between the actual cash value of a financed or leased car and the unpaid balance if it’s totaled. In addition, new car replacement coverage replaces a totaled car with a brand new one of the same make and model within the vehicle’s first five years.
Cost of Insuring a BMW 4 Series by Model Year
The annual cost of insuring a 2022 BMW 4 Series is approximately $2,082, while insuring a 2015 model costs $1,752 per year. Newer model years are generally pricier to insure due to their higher value and repair costs.
- 40
- Full Coverage
- State Minimum
2022 | Average Annual Premium$2,082 |
2021 | Average Annual Premium$2,038 |
2020 | Average Annual Premium$1,954 |
2019 | Average Annual Premium$1,925 |
2018 | Average Annual Premium$1,868 |
2017 | Average Annual Premium$1,803 |
2016 | Average Annual Premium$1,790 |
2015 | Average Annual Premium$1,752 |
The average cost of car insurance will vary by insurer and model year. State Farm offers the cheapest full coverage rates for a 2015 BMW 4 Series at $1,440 per year, while Nationwide offers the cheapest for a 2022 model at $1,665 per year.
- 2015
- 2022
- 2019
- 2018
- 2021
- 2016
- 2020
- 2017
- 40
- Full Coverage
- State Minimum
Nationwide | Average Annual Premium$1,665 |
Travelers | Average Annual Premium$1,844 |
State Farm | Average Annual Premium$1,845 |
GEICO | Average Annual Premium$1,932 |
Progressive | Average Annual Premium$2,324 |
Farmers | Average Annual Premium$2,433 |
Allstate | Average Annual Premium$2,818 |
Cost of Insuring a BMW 4 Series for 16- to 25-Year-Olds
The cost to insure a BMW 4 Series depends on the driver's age. Insurance for a 16-year-old costs $8,551 a year, while a 40-year-old pays $1,901 yearly. Young drivers pay more than older ones, but the rates typically level off when drivers reach their 20s and begin to decrease after age 30.
- Full Coverage
- State Minimum
16 | Average Annual Premium$8,551 |
17 | Average Annual Premium$6,994 |
18 | Average Annual Premium$6,186 |
19 | Average Annual Premium$4,335 |
20 | Average Annual Premium$3,941 |
21 | Average Annual Premium$3,060 |
22 | Average Annual Premium$2,834 |
23 | Average Annual Premium$2,635 |
24 | Average Annual Premium$2,503 |
25 | Average Annual Premium$2,247 |
Adding a teen to a family plan is usually cheaper than buying an individual teen car insurance policy. State Farm offers the cheapest individual plan for 16-year-olds at $6,031 per year, while Progressive has the most expensive at $13,310 per year. Families should shop around to find the best deal.
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- 2015
- 2022
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- Full Coverage
- State Minimum
State Farm | Average Annual Premium$6,031 |
Nationwide | Average Annual Premium$6,849 |
Travelers | Average Annual Premium$7,761 |
GEICO | Average Annual Premium$9,031 |
Farmers | Average Annual Premium$11,590 |
Allstate | Average Annual Premium$11,961 |
Progressive | Average Annual Premium$13,310 |
How Does Location Affect the Cost of BMW 4 Series Insurance?
Many factors influence the insurance price for a BMW 4 Series, including the model year, driver age and location. Where you live can significantly impact the cost of insurance, so the least expensive insurance company for a particular car model can vary by state.
Always obtain estimates from your state's most economical car insurance providers when looking for coverage for your BMW 4 Series.
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- 22-29
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- Full Coverage
- Minimum Coverage
Alabama | Cheapest CompanyNationwide | Annual Premium$709 | Monthly Premium$59 |
Alaska | Cheapest CompanyState Farm | Annual Premium$699 | Monthly Premium$58 |
Arizona | Cheapest CompanyRoot Insurance Company | Annual Premium$682 | Monthly Premium$57 |
Arkansas | Cheapest CompanyState Farm | Annual Premium$629 | Monthly Premium$52 |
California | Cheapest CompanyAAA California | Annual Premium$1,001 | Monthly Premium$83 |
Colorado | Cheapest CompanyAmerican National P&C | Annual Premium$541 | Monthly Premium$45 |
Connecticut | Cheapest CompanyGEICO | Annual Premium$693 | Monthly Premium$58 |
Delaware | Cheapest CompanyState Farm | Annual Premium$881 | Monthly Premium$73 |
District of Columbia | Cheapest CompanyGEICO | Annual Premium$662 | Monthly Premium$55 |
Florida | Cheapest CompanyState Farm | Annual Premium$1,058 | Monthly Premium$88 |
Georgia | Cheapest CompanyCountry Financial | Annual Premium$665 | Monthly Premium$55 |
Hawaii | Cheapest CompanyGEICO | Annual Premium$565 | Monthly Premium$47 |
Idaho | Cheapest CompanyAmerican National P&C | Annual Premium$299 | Monthly Premium$25 |
Illinois | Cheapest CompanyCountry Financial | Annual Premium$663 | Monthly Premium$55 |
Indiana | Cheapest CompanyAmerican Family | Annual Premium$555 | Monthly Premium$46 |
Iowa | Cheapest CompanyState Farm | Annual Premium$509 | Monthly Premium$42 |
Kansas | Cheapest CompanyNationwide | Annual Premium$670 | Monthly Premium$56 |
Kentucky | Cheapest CompanyNationwide | Annual Premium$790 | Monthly Premium$66 |
Louisiana | Cheapest CompanyLouisiana Farm Bureau | Annual Premium$1,048 | Monthly Premium$87 |
Maine | Cheapest CompanyConcord Group | Annual Premium$521 | Monthly Premium$43 |
Maryland | Cheapest CompanyProgressive | Annual Premium$938 | Monthly Premium$78 |
Massachusetts | Cheapest CompanyState Farm | Annual Premium$483 | Monthly Premium$40 |
Michigan | Cheapest CompanyGEICO | Annual Premium$898 | Monthly Premium$75 |
Minnesota | Cheapest CompanyState Farm | Annual Premium$797 | Monthly Premium$66 |
Mississippi | Cheapest CompanyDirect General Insurance | Annual Premium$723 | Monthly Premium$60 |
Missouri | Cheapest CompanyNationwide | Annual Premium$909 | Monthly Premium$76 |
Montana | Cheapest CompanyProgressive | Annual Premium$437 | Monthly Premium$36 |
Nebraska | Cheapest CompanyAmerican National P&C | Annual Premium$405 | Monthly Premium$34 |
Nevada | Cheapest CompanyCSAA | Annual Premium$940 | Monthly Premium$78 |
New Hampshire | Cheapest CompanyState Farm | Annual Premium$540 | Monthly Premium$45 |
New Jersey | Cheapest CompanyPlymouth Rock Assurance | Annual Premium$895 | Monthly Premium$75 |
New Mexico | Cheapest CompanyState Farm | Annual Premium$644 | Monthly Premium$54 |
New York | Cheapest CompanyKemper | Annual Premium$781 | Monthly Premium$65 |
North Carolina | Cheapest CompanyErie | Annual Premium$630 | Monthly Premium$52 |
North Dakota | Cheapest CompanyAmerican Family | Annual Premium$616 | Monthly Premium$51 |
Ohio | Cheapest CompanyNationwide | Annual Premium$485 | Monthly Premium$40 |
Oklahoma | Cheapest CompanyState Farm | Annual Premium$662 | Monthly Premium$55 |
Oregon | Cheapest CompanyState Farm | Annual Premium$706 | Monthly Premium$59 |
Pennsylvania | Cheapest CompanyNationwide | Annual Premium$580 | Monthly Premium$48 |
Rhode Island | Cheapest CompanyState Farm | Annual Premium$700 | Monthly Premium$58 |
South Carolina | Cheapest CompanyAmerican National P&C | Annual Premium$463 | Monthly Premium$39 |
South Dakota | Cheapest CompanyAllstate | Annual Premium$746 | Monthly Premium$62 |
Tennessee | Cheapest CompanyState Farm | Annual Premium$579 | Monthly Premium$48 |
Texas | Cheapest CompanyState Farm | Annual Premium$699 | Monthly Premium$58 |
Utah | Cheapest CompanyNationwide | Annual Premium$725 | Monthly Premium$60 |
Vermont | Cheapest CompanyState Farm | Annual Premium$493 | Monthly Premium$41 |
Virginia | Cheapest CompanyAmerican Family | Annual Premium$601 | Monthly Premium$50 |
Washington | Cheapest CompanyPEMCO | Annual Premium$534 | Monthly Premium$44 |
West Virginia | Cheapest CompanyErie | Annual Premium$784 | Monthly Premium$65 |
Wisconsin | Cheapest CompanyGEICO | Annual Premium$556 | Monthly Premium$46 |
Wyoming | Cheapest CompanyState Farm | Annual Premium$745 | Monthly Premium$62 |
Frequently Asked Questions About BMW 4 Series Insurance
Drivers shopping for car insurance for BMW 4 Series may have questions about cost and quality. MoneyGeek provides answers to help you get started.
Insuring a BMW 4 Series costs $1,960, more than the average car. State Farm offers the cheapest coverage, with an annual premium of $1,618.
The best car insurance companies for this car model are State Farm, which charges $1,618 per year, and Travelers, with policies costing $1,758 per year.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.