BMW i4 insurance costs average $130 monthly for minimum coverage and $254 for full coverage. Depending on your particular trim and model year, costs can range from $108 to $312 for BMW i4 monthly.
BMW i4 Insurance Cost
Updated: October 2, 2025
Key Takeaways
BMW i4 insurance costs range from $92 to $312 monthly depending on your specific trim level and model year you choose.
BMW i4 ranks 668th out of 827 vehicle models for insurance affordability in the United States vehicle market from 2000 through 2025.
The Hartford offers the most affordable BMW i4 full coverage insurance at $189 monthly, while minimum coverage starts at just $92 per month.
How Much Is BMW i4 Insurance?
| BMW i4 | $130 | $254 |
BMW i4 Insurance Cost by Model Year
Your BMW i4 insurance rates change based on model year and available trims, with newer vehicles often costing more due to higher fair market value. Monthly premiums for different BMW i4 model years span from $125 to $266, giving you a clear range for budget planning.
| 2025 | $129 | $252 |
| 2024 | $125 | $244 |
| 2023 | $137 | $266 |
| 2022 | $133 | $259 |
BMW i4 Insurance Cost by Trim
Your BMW i4's trim impacts insurance costs based on features, performance capabilities and market value. Our research shows monthly premiums range from $110 for the base Edrive35 to $304 for the high-performance M50 Coupe 4d variant.
| Edrive35 | $110 | $214 |
| Edrive35 Coupe 4d | $117 | $228 |
| Edrive40 | $120 | $235 |
| Edrive40 Coupe 4d | $123 | $240 |
| Xdrive40 | $130 | $254 |
| M50 | $147 | $287 |
| M50 Coupe 4d | $156 | $304 |
Compare Personalized BMW i4 Insurance Costs
We've broken down BMW i4 insurance costs by model year and trim for personalized estimates.
Data filtered by:Results filtered by:
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Model Year:2022
Select
Trim:M50 Coupe 4d
| M50 Coupe 4d | $152 | $296 |
BMW i4 Insurance Cost by Company
BMW i4 insurance costs vary by provider, from $146 to $312 monthly. Minimum coverage ranges from $92 to $205, while full coverage spans $189 to $446. Rate differences stem from varying risk assessment models across insurers.
| AAA | $143 | $298 |
| AIG | $177 | $446 |
| Allstate | $157 | $306 |
| Amica | $163 | $335 |
| Chubb | $173 | $347 |
| Farmers | $205 | $360 |
| GEICO | $92 | $201 |
| Kemper | $127 | $260 |
| Nationwide | $124 | $215 |
| Progressive | $149 | $282 |
| State Farm | $122 | $257 |
| The Hartford | $111 | $189 |
| Travelers | $105 | $194 |
| UAIC | $167 | $210 |
BMW i4 Insurance Cost by State
BMW i4 insurance varies by state, from $52 monthly in Wyoming to $567 in Louisiana. State regulations, weather risks and accident statistics affect these rates.
| Alabama | $121 | $229 |
| Alaska | $91 | $193 |
| Arizona | $151 | $282 |
| Arkansas | $116 | $258 |
| California | $120 | $242 |
| Colorado | $125 | $301 |
| Connecticut | $174 | $299 |
| Delaware | $161 | $271 |
| Florida | $142 | $333 |
| Georgia | $175 | $291 |
| Hawaii | $67 | $152 |
| Idaho | $66 | $137 |
| Illinois | $117 | $219 |
| Indiana | $84 | $164 |
| Iowa | $84 | $202 |
| Kansas | $103 | $242 |
| Kentucky | $158 | $270 |
| Louisiana | $269 | $567 |
| Maine | $71 | $148 |
| Maryland | $200 | $339 |
| Massachusetts | $128 | $273 |
| Michigan | $220 | $424 |
| Minnesota | $109 | $228 |
| Mississippi | $120 | $238 |
| Missouri | $175 | $345 |
| Montana | $111 | $260 |
| Nebraska | $95 | $218 |
| Nevada | $207 | $376 |
| New Hampshire | $95 | $169 |
| New Jersey | $198 | $326 |
| New Mexico | $104 | $234 |
| New York | $143 | $257 |
| North Carolina | $105 | $207 |
| North Dakota | $86 | $189 |
| Ohio | $96 | $188 |
| Oklahoma | $121 | $271 |
| Oregon | $139 | $242 |
| Pennsylvania | $130 | $303 |
| Rhode Island | $158 | $283 |
| South Carolina | $128 | $241 |
| South Dakota | $79 | $248 |
| Tennessee | $106 | $214 |
| Texas | $149 | $302 |
| Utah | $128 | $219 |
| Vermont | $70 | $162 |
| Virginia | $125 | $200 |
| Washington | $111 | $208 |
| West Virginia | $120 | $242 |
| Wisconsin | $92 | $204 |
| Wyoming | $52 | $165 |
BMW i4 Insurance Cost by Driver Profile
Driver age and record affect BMW i4 insurance rates. Young drivers under 25 pay up to $528 monthly, while adults 26 to 64 with clean records pay as low as $107 monthly.
| Adult Drivers | $130 | $254 |
| Young Drivers | $334 | $645 |
| Senior Drivers | $173 | $320 |
| Drivers With a Speeding Ticket | $162 | $319 |
| Drivers With an Accident | $192 | $372 |
| Drivers With a DUI | $240 | $462 |
| Drivers With Bad Credit | $316 | $637 |
Is a BMW i4 Expensive to Insure?
You might be concerned about BMW i4 insurance costs, given the vehicle's luxury status. Compared to the rest of the models on the U.S. market, a BMW i4 ranks 668th out of 827, making it one of the more expensive cars to insure. Among midsize luxury sedans, the model ranks 30th out of 47.
| Alfa Romeo Giulia | $61 | $120 |
| Cadillac Seville | $62 | $119 |
| Infiniti I | $64 | $124 |
| Lincoln LS | $68 | $132 |
| Buick Regal | $71 | $136 |
| Volvo S80 | $78 | $151 |
| Volkswagen Phaeton | $78 | $151 |
| Lincoln MKZ | $79 | $153 |
| Acura TL | $80 | $154 |
| Buick Lacrosse | $83 | $160 |
| Infiniti G-Series | $83 | $160 |
| Infiniti M | $85 | $165 |
| Mercedes C-Class | $85 | $166 |
| Mercedes E-Class | $87 | $170 |
| Buick Regal Tour X | $88 | $171 |
| Lincoln Continental | $88 | $172 |
| Buick Regal Sportback | $88 | $171 |
| Audi A6 | $90 | $176 |
| Bmw 3-series | $91 | $176 |
| Lexus GS | $91 | $177 |
| Infiniti Q40 | $93 | $181 |
| Audi A5 | $94 | $184 |
| Cadillac CTS | $96 | $187 |
| Bmw 5-series | $97 | $188 |
| Lexus ES | $97 | $189 |
| Acura RLX | $104 | $203 |
| Volvo S60 | $105 | $204 |
| BMW i4 | $107 | $208 |
| Genesis G80 | $111 | $216 |
| Audi S6 | $111 | $218 |
| Acura TLX | $112 | $218 |
| Mercedes CLS | $116 | $227 |
| Infiniti Q70 | $118 | $229 |
| Cadillac CT5 | $118 | $231 |
| Audi S7 | $124 | $244 |
| Jaguar XF | $125 | $242 |
| Mercedes EQE | $124 | $243 |
| Cadillac STS | $126 | $244 |
| Audi A7 | $128 | $250 |
| Bmw i4 | $130 | $254 |
| Bmw M5 | $132 | $259 |
| Bmw 6-series | $137 | $267 |
| Volvo S90 | $138 | $269 |
| Audi RS 7 | $150 | $295 |
| Maserati Ghibili | $184 | $362 |
| Cadillac CT5-V | $247 | $482 |
| Cadillac CTS-V | $276 | $538 |
Factors That Affect BMW Car Insurance Costs
Several key factors will determine what you'll pay for BMW i4 insurance:
- Age (40 to 56 median): Mature professionals receive favorable rates due to established driving records, though EV adoption skews slightly younger than traditional luxury buyers.
- Gender (60% male): Male ownership predominance for luxury vehicles correlates with moderately higher premiums, though the i4's luxury positioning and safety features help offset performance concerns.
- Income ($124,800 to $175,000): High-income buyers maintain excellent credit scores and comprehensive insurance coverage, typically selecting higher coverage limits that increase premiums but demonstrate lower risk profiles.
Average Repair or Replacement Costs
BMW ranks 33rd in repair affordability among 59 U.S. automakers with median annual costs of $1,423. BMW i4 repair costs average $1,073 annually, making it BMW's third-most affordable model to repair while still contributing to higher insurance premiums.
Vehicle Trim, Features and Accessories
The BMW i4 offers three trim levels with varying power outputs and luxury features that directly impact insurance costs. The eDrive40 (335 horsepower, rear-wheel drive) represents the entry point, while the xDrive40 (396 horsepower, all-wheel drive) adds traction and performance.
The range-topping M50 (536 horsepower, dual-motor all-wheel drive) achieves 0 to 60 mph in just 3.7 seconds, placing it in the high-performance category.
High-voltage battery systems, regenerative braking components and BMW's fifth-generation eDrive technology increase replacement costs.
Fuel Type
As a fully electric vehicle, the BMW i4 eliminates traditional fuel costs but introduces unique insurance considerations related to electric powertrains. Range varies from 267 to 318 miles, depending on trim level, with the eDrive40 achieving the most extended range and highest efficiency ratings of up to 113 MPGe city.
Electric vehicle-specific risks include expensive battery replacement costs (covered by an eight-year/100,000-mile warranty), specialized charging equipment, and limited repair facility availability. Insurance companies factor in the high cost of EV-certified technicians, specialized diagnostic equipment, and the potential for battery damage in accidents.
Location
BMW i4 owners are concentrated in affluent metropolitan areas with established EV infrastructure, particularly California, New York, Texas and Florida. Electric vehicle adoption patterns show a stronger preference in urban areas with robust charging networks and environmental consciousness.
Geographic location impacts i4 insurance costs through varying state regulations, climate considerations for battery performance and charging infrastructure availability.
Driver Profile
BMW i4 drivers represent environmentally conscious luxury buyers with household incomes around $124,800 to $175,000, combining BMW's traditional affluent demographic with early EV adopters. This group typically includes tech-savvy professionals, environmentally aware executives and sustainability-focused affluent consumers.
Driver demographics affecting BMW i4 insurance rates:
Cheapest BMW i4 Insurance Companies
The Hartford offers the most affordable full coverage for BMW i4 drivers at $189 monthly. For basic minimum coverage on your i4, GEICO provides the cheapest option with premiums averaging $92 per month.
| GEICO | $92 | $201 |
| Travelers | $105 | $194 |
| The Hartford | $111 | $189 |
| Nationwide | $124 | $215 |
| UAIC | $167 | $210 |
Cheapest BMW i4 Insurance by State
We found that the following are the top three cheapest car insurance providers for a BMW i4:
- Travelers: Wins for affordability in 12 states
- GEICO: Wins for affordability in 12 states
- American National: Wins for affordability in four states
You can filter to see who offers the most affordable auto insurance rates for your BMW i4.
Data filtered by:Results filtered by:
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State:Alabama
| Alabama | Travelers | $87 |
How to Get the Best Cheap BMW i4 Insurance
Here's your complete guide to securing affordable BMW i4 coverage:
- 1
Choose the right coverage
Three things matter when choosing how much coverage to buy: what your BMW's worth, how much you drive and what you can afford to spend:
Tight budget (you own the car):
- Your state's minimum liability requirements
- Add comprehensive and collision with a $1,000 deductible
Want better protection (you own the car):
- 100/300/100 liability coverage
- Comprehensive and collision with a $500 deductible
Financing or leasing:
- 100/300/100 liability coverage
- Comprehensive and collision with a $500 deductible
- Gap insurance (most lenders require this)
*Coverage Limits Explained (100/300/100):
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage coverage
- 2
Research costs and cheap companies
Researching average auto insurance costs for your car will help you understand how much you're saving currently and with another provider. You can then find the cheapest car insurance companies.
- 3
Look for more than just low rates
To get the most balanced car insurance for your BMW i4, check forum reviews, J.D. Power customer satisfaction scores, Better Business Bureau complaint records and AM Best financial strength ratings while comparing coverage limits and deductibles.
Some low-cost insurers have slower claim processing times or limited coverage options that can leave you underinsured in an accident.
- 4
Explore discounts you qualify for
Finding car insurance discounts you'll likely qualify for will go a long way in ensuring you get the cheapest rate possible. The five discounts below are the most likely we found that BMW i4 owners will qualify for:
- Multi-Car/Multi-Vehicle Discount (12% to 25% savings): i4 buyers' high household income of over $124,000 often means multiple vehicles in affluent households, qualifying for multi-car discounts from virtually all insurers.
- Bundling/Multi-Policy Discount (5% to 25% savings): With 90% of BMW buyers owning their homes and 80% holding bachelor's degrees or higher, i4 owners can bundle auto and home insurance for substantial savings from major carriers.
- Good Driver/Safe Driver Discount (5% to 30% savings): i4 owners' mature demographics (42% aged 30 to 44) and environmental consciousness indicate responsible drivers with clean records that qualify them for good driver discounts.
- Safety Features/Advanced Safety Discount (5% to 40% savings): The i4's standard forward-collision warning with automated emergency braking and lane-keeping assist helps you avoid crashes. Many insurance companies will discount your bill for this.
- Electric/Hybrid Vehicle Discount (5% to 10% savings): As an all-electric BMW, i4 owners can qualify for green vehicle discounts from insurers like Lemonade, GEICO and Progressive, recognizing the environmental benefits and typically safer driving patterns of EV owners.
- 5
Consider alternative car insurance types
BMW i4 owners should consider usage-based insurance or programs like Progressive Snapshot that reward safe driving habits with lower premiums.
- 6
Check rates every year
Comparing car insurance quotes from multiple sources can cut your BMW i4 insurance by up to 24%. Your best deal today might not exist next year, so make comparing rates an annual habit.
BMW i4 Insurance Cost: Bottom Line
Insuring a BMW i4 costs more than average, but you can still find decent rates. Shop multiple companies, look into discounts and consider different coverage options to get the best insurance rate for your car.
BMW i4 Insurance Rates: FAQ
Here are answers to common questions about insuring a BMW i4.
What is the average cost of car insurance for a BMW i4?
The BMW i4's average annual insurance cost is $1,561 for minimum protection and $3,044 for full coverage.
What company has the cheapest car insurance for a BMW i4?
GEICO offers the cheapest minimum coverage auto insurance for a BMW i4, with an annual minimum coverage rate of $1,070. For those looking for full coverage policies, Travelers is the most cost-effective option at $2,034 per year.
Are BMW i4s expensive to insure?
Yes, BMW i4 insurance costs more than most cars. Out of 827 vehicles we track, the i4 ranks 668th for affordability. Among midsize luxury sedans, this model sits at 30th out of 47.
What factors affect insurance costs for BMW i4s?
Repairs cost more because of specialized electric vehicle components and battery systems. Your driving record, credit score and coverage level you choose impact premiums significantly. Areas with higher theft rates or fewer BMW-certified EV repair shops result in increased premiums.
How can I lower BMW i4 insurance costs?
Shop around with multiple insurers as rates vary for BMWs, and consider usage-based insurance programs that track your driving habits. Take advantage of discounts, bundle with other policies and maintain a clean driving record to qualify for the lowest premiums.
How We Determined BMW i4 Insurance Costs
We studied hundreds of millions of quote estimates across all car models sold in the U.S. from 2000 to 2025 to get you the most accurate BMW i4 insurance costs.
Who We Based These Rates On
These BMW i4 prices reflect what a typical driver pays:
- Age 40, unmarried male
- Clean record: no tickets or crashes
- Credit score is in a good range
- Has never made an insurance claim
- Puts about 12,000 miles on the odometer yearly
- Has a valid driver's license with no suspensions on record
Coverage Definitions:
- Minimum Coverage: State-required liability limits
- Full Coverage: 100/300/100 liability + comprehensive/collision with $1,000 deductibles
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.