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: September 3, 2026
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:
2022
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:
Average Repair or Replacement CostsBMW ranks 33rd in repair affordability among 59 U.S. automakers, with median annual costs of $1,423. The BMW i4 costs $1,073 a year to repair on average. That's BMW's third-most affordable model to repair, though the i4 still carries higher insurance premiums.
Vehicle Trim, Features and AccessoriesThe BMW i4 comes in three trims. Power output and luxury features vary by trim, and that changes what you'll pay for coverage. The eDrive40 is the entry point, with 335 horsepower and rear-wheel drive. The xDrive40 moves to all-wheel drive and 396 horsepower for more traction and performance. The M50 tops the lineup with 536 horsepower and dual-motor all-wheel drive, reaching 0 to 60 mph in 3.7 seconds and landing in the high-performance category.
The i4's high-voltage battery system, regenerative braking components and fifth-generation eDrive technology add to replacement costs.
Fuel TypeThe BMW i4 is fully electric, so it skips traditional fuel costs, but electric powertrains bring their own insurance considerations. Range runs from 267 to 318 miles depending on trim. The eDrive40 delivers the longest range and the best efficiency, at up to 113 MPGe in the city.
Battery replacement is a major EV-specific risk, though it's covered by an eight-year/100,000-mile warranty. Specialized charging equipment and limited access to repair shops add further risk. Insurers also weigh the cost of EV-certified technicians, specialized diagnostic tools and the risk of battery damage in a crash.
LocationBMW i4 owners cluster in affluent metro areas with strong EV infrastructure. California, New York, Texas and Florida see the highest concentrations. Cities with solid charging networks and environmentally conscious buyers tend to have higher EV adoption.
State regulations, climate effects on battery performance and charging access all shape what i4 owners pay for insurance.
Driver ProfileBMW i4 drivers are largely environmentally conscious luxury buyers, with household incomes between $124,800 and $175,000. That profile combines BMW's traditional affluent buyer base with early EV adopters. Tech-savvy professionals, environmentally minded executives and sustainability-focused consumers make up much of that group.
Driver demographics that affect BMW i4 insurance rates:
- Age (40 to 56 median): Mature drivers get better rates because of established driving records. EV buyers skew a bit younger than the typical luxury car buyer.
- Gender (60% male): Male-majority ownership of luxury vehicles pushes premiums up slightly. The i4's safety features and luxury positioning help offset that performance-related risk.
- Income ($124,800 to $175,000): High-income buyers usually carry strong credit scores and full insurance coverage. Higher coverage limits raise premiums even when the buyer signals lower risk.
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:
Alabama
| Alabama | Travelers | $87 |
How to Get the Best Cheap BMW i4 Insurance
Here's your complete guide to securing affordable BMW i4 coverage:
- 1Choose the Right Coverage
What matters when choosing how much coverage to buy comes down to your BMW's value, how much you drive and what you can afford to spend:
Tight budget (you own the car):
- Your state's minimum liability requirements
- 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
- 2Research Costs and Cheap Companies
Average auto insurance costs for your car show how much you're saving compared to another provider. From there, look at the cheapest car insurance companies to see if you can do better.
- 3Look for More Than Just Low Rates
Looking for well-rounded 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. Weigh coverage limits and deductibles too.
Some low-cost insurers process claims more slowly or offer limited coverage options. That can leave you underinsured after an accident.
- 4Find Discounts You Qualify For
Car insurance discounts you qualify for can lower your rate. Here are the five discounts BMW i4 owners are most likely to get:
- Multi-Car/Multi-Vehicle Discount (12% to 25% savings): i4 buyers have a high household income, over $124,000 on average. That often means multiple vehicles in the household, and virtually all insurers offer multi-car discounts.
- Bundling/Multi-Policy Discount (5% to 25% savings): Ninety percent of BMW buyers own their homes, and 80% hold bachelor's degrees or higher. Major carriers offer real savings when i4 owners bundle auto and home insurance.
- Good Driver/Safe Driver Discount (5% to 30% savings): i4 owners skew mature (42% aged 30 to 44) and environmentally conscious. Both traits point to responsible drivers with clean records who qualify for good driver discounts.
- Safety Features/Advanced Safety Discount (5% to 40% savings): The i4 comes standard with forward-collision warning, automated emergency braking and lane-keeping assist. Many insurers discount your bill for these features.
- Electric/Hybrid Vehicle Discount (5% to 10% savings): As an all-electric BMW, the i4 can qualify for green vehicle discounts from insurers like Lemonade, GEICO and Progressive. These insurers reward the environmental benefits and typically safer driving patterns of EV owners.
- 5Consider Alternative Car Insurance Types
Usage-based insurance programs, like Progressive Snapshot, reward safe driving habits with lower premiums. BMW i4 owners can use these programs to cut costs.
- 6Check Rates Every Year
Getting car insurance quotes from multiple sources can save you up to 24% on your BMW i4 insurance. Your best deal today might not exist next year. Make checking 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.
The BMW i4's average annual insurance cost is $1,561 for minimum protection and $3,044 for full coverage.
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.
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.
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.
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 every car model 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, with no tickets or crashes
- Good credit score
- No prior insurance claims
- About 12,000 miles driven per year
- Valid driver's license, no suspensions
Coverage Definitions
- Minimum Coverage: State-required liability limits
- Full Coverage: 100/300/100 liability plus comprehensive and collision with $1,000 deductibles
About Mark Fitzpatrick
Mark Fitzpatrick is a licensed Property and Casualty (P&C) Insurance Producer and MoneyGeek's resident expert in insurance and economics. In nearly a decade covering the insurance market at LendingTree and MoneyGeek, he's analyzed hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
His work has appeared in The Washington Post, The New York Times and NPR. He draws on independent cost and consumer experience data, and no insurance company partnerships affect his recommendations.
Mark studied at Boston College and later earned a master's in economics and international relations from Johns Hopkins University. He worked in financial risk management at State Street before joining MoneyGeek. He's also a five-time “Jeopardy!” champion.