Compare the Cost of VW ID.4 Insurance by Model Year and Company


Enter your ZIP code to get started

Shield

Free. Simple. Secure.

Banner image
ByMark Fitzpatrick
Edited byScott Strandberg
ByMark Fitzpatrick
Edited byScott Strandberg

Updated: May 20, 2024

Advertising & Editorial Disclosure

The driver’s age is a crucial factor in determining the price of auto insurance for a VW ID.4. The cost of insuring a 2021 model is $7,315 on average per year for 16-year-olds but just $1,626 for 40-year-olds. Likewise, a 16-year-old spends $7,299 a year to insure a 2022 model and a 40-year-old spends around $1,631. MoneyGeek compared the best insurance companies for a Volkswagen ID.4 based on a number of criteria, including cost, quality of customer service and claims management.

MoneyGeek Logo IconCar Insurance CostsVW ID.4
2024

Why Trust MoneyGeek? These rates were updated to reflect the average cost of car insurance for a VW ID.4 as of 2023.

recency icon

These rates were updated to reflect the average cost of car insurance for a VW ID.4 as of 2023.

10Companies Compared
 
5,976Quotes Analyzed

Average Cost and Cheapest Companies for Insuring a VW ID.4

The average cost of insurance for a Volkswagen ID.4 is $1,682, but this can vary depending on the insurer. To find the cheapest auto insurance, compare quotes from various companies.

On average, the cheapest auto insurance for a VW ID.4 is offered by GEICO for $1,233 annually, while Farmers charges $2,438, the most expensive rate. That works out to a difference of about $1,205 a year. State Farm's minimum coverage insurance policy is the most affordable, costing $492 per year, whereas Farmers is again the most expensive at around $774.

Data filtered by:Results filtered by:
Age:
Age:40
Coverage:
Coverage:Full Coverage
GEICOAverage Annual Premium$1,233
State FarmAverage Annual Premium$1,278
TravelersAverage Annual Premium$1,320
NationwideAverage Annual Premium$1,329
ProgressiveAverage Annual Premium$1,512
AllstateAverage Annual Premium$1,911
FarmersAverage Annual Premium$2,438

Is a VW ID.4 Expensive to Insure?

The premiums that insurance companies charge for your ID.4 depend on a variety of factors. Due to its moderate MSRP (manufacturer's suggested retail price) of $46,205, the Volkswagen ID.4's insurance premiums also fall into the moderate bucket. It is an electric vehicle, which means it may have higher repair costs than gas-powered cars.

Best Companies for Insuring a VW ID.4

MoneyGeek's rating system takes into account customer satisfaction, claims ratings, affordability and the providers' financial stability. The following companies offer the best car insurance for a VW ID.4:

  • Travelers: MoneyGeek score 90 out of 100 ($1,320 per year)
  • GEICO: MoneyGeek score 90 out of 100 ($1,233 per year)

Travelers earned the highest scores for claims management and coverage options. These attributes made it our top pick for VW ID.4 insurance.

MoneyGeek Top Pick: Travelers

Travelers

pros

checkmark

Ranks #1 for claims management out of 7 insurers

checkmark

Ranks #3 for affordability

checkmark

Offers gap insurance and new car replacement

cons

close

Ranks #4 for customer satisfaction

close

Does not offer deductible modification

COMPANY HIGHLIGHTS

Travelers earned high marks for claims management and affordability, and it offers a wide range of coverage options. Travelers’ new car replacement pays for a brand-new VW ID.4 if you total yours within the first five years.

If your ID.4 is financed or leased, gap insurance can cover the difference between its actual cash value and the outstanding balance of your auto loan or lease if it’s totaled. With Travelers’ accident forgiveness, your premium won’t increase if you have an accident within a specified period.

Travelers also offers some more common coverage options. For instance, its rental car reimbursement coverage pays for a rental car if your vehicle is damaged in a covered incident and is undrivable for at least 24 hours.

Read MoneyGeek's Travelers Auto Insurance Review

MoneyGeek Runner-Up: GEICO

GEICO

pros

checkmark

Cheapest VW ID.4 insurer

checkmark

Ranks #3 for customer satisfaction

checkmark

Offers mechanical breakdown insurance and accident forgiveness

cons

close

Limited coverage choices

close

Low claims rating

close

No gap insurance, deductible modification or new car replacement

COMPANY HIGHLIGHTS

GEICO provides the second-best Volkswagen ID.4 auto insurance, with high marks for customer satisfaction and the best affordability rating. Drivers of newly purchased or leased ID.4s can benefit from GEICO’s mechanical breakdown insurance (MBI) if they are less than 15 months old with less than 15,000 miles on the odometer. An extended warranty from a dealership is more expensive and limited in scope than GEICO’s mechanical breakdown insurance. You receive coverage for all parts and systems, not just the specified list covered by dealer warranties.

Except for drivers in California, Connecticut, and Massachusetts, you can either earn or purchase GEICO's accident forgiveness coverage. After your first at-fault accident in your ID.4, your GEICO auto insurance rate won't go up, thanks to accident forgiveness. Drivers over the age of 21 who maintain five years of accident-free driving earn this coverage, while others can buy it.

Read MoneyGeek's GEICO Auto Insurance Review

Cost of Insuring a VW ID.4 by Model Year

Older car models cost less to replace due to depreciation, so they’re also typically cheaper to insure. The average cost of auto insurance for a 2021 Volkswagen ID.4 is $1,626, whereas a 2022 model costs around $1,631 per year. This variation amounts to only $5 each year on average, yet it might vary substantially depending on the company.

Data filtered by:Results filtered by:
Age:
Age:40
Coverage:
Coverage:Full Coverage
2022Average Annual Premium$1,631
2021Average Annual Premium$1,626

Insurance premiums may differ depending on the car’s model year. For a 2022 VW ID.4, the cheapest yearly rate is $1,249 from GEICO. The company also has the cheapest average car insurance premium of $1,218 for a 2021 model. Scroll down to the relevant model year of your car to see prices from multiple providers.

Data filtered by:Results filtered by:
Model Year:
Model Year:2022
Age:
Age:40
Coverage:
Coverage:Full Coverage
GEICOAverage Annual Premium$1,249
State FarmAverage Annual Premium$1,291
NationwideAverage Annual Premium$1,323
TravelersAverage Annual Premium$1,325
ProgressiveAverage Annual Premium$1,348
AllstateAverage Annual Premium$2,021
FarmersAverage Annual Premium$2,462

Cost of Insuring a VW ID.4 for 16- to 25-Year-Olds

Teenagers and young adults pay significantly more for auto insurance than drivers in their 30s and 40s due to their relative lack of experience. The annual insurance premium for a 16-year-old driving a VW ID.4 is around $7,307. In comparison, the average cost for a 40-year-old driver is only $1,629. Teen car insurance rates fall considerably as they get older, often leveling off in their early 20s.

Data filtered by:Results filtered by:
Coverage:
Coverage:Full Coverage
16Average Annual Premium$7,307
17Average Annual Premium$5,845
18Average Annual Premium$5,184
19Average Annual Premium$3,593
20Average Annual Premium$3,279
21Average Annual Premium$2,531
22Average Annual Premium$2,355
23Average Annual Premium$2,202
24Average Annual Premium$2,101
25Average Annual Premium$1,900

Insurance costs can be reduced if a teenage driver is added to a family policy. When teenagers buy their own separate insurance plans, the resulting premiums are almost always significantly higher.

Insurance for a 16-year-old driving a 2021 ID.4 comes to around $4,020 per year with State Farm, the cheapest insurer. Meanwhile, the costliest company, Farmers, charges an annual average of $12,000. The table below shows the teen car insurance rate for a VW ID.4 for drivers aged 16 and up.

Data filtered by:Results filtered by:
Age:
Age:16
Model Year:
Model Year:2022
Coverage:
Coverage:Full Coverage
State FarmAverage Annual Premium$4,103
NationwideAverage Annual Premium$5,166
TravelersAverage Annual Premium$5,221
GEICOAverage Annual Premium$5,798
ProgressiveAverage Annual Premium$6,975
AllstateAverage Annual Premium$9,262
FarmersAverage Annual Premium$12,123

How Does Location Affect the Cost of VW ID.4 Insurance?

In addition to the driver’s age and the car’s model year, premiums can also vary widely based on the state you live in. While car insurance is the most expensive in Florida, it is the cheapest in Idaho. Get quotes from several of the cheapest insurers in your state to find the best deal.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
AlabamaCheapest CompanyNationwideAnnual Premium$709Monthly Premium$59
AlaskaCheapest CompanyState FarmAnnual Premium$699Monthly Premium$58
ArizonaCheapest CompanyRoot Insurance CompanyAnnual Premium$682Monthly Premium$57
ArkansasCheapest CompanyState FarmAnnual Premium$629Monthly Premium$52
CaliforniaCheapest CompanyAAA CaliforniaAnnual Premium$1,001Monthly Premium$83
ColoradoCheapest CompanyAmerican National P&CAnnual Premium$541Monthly Premium$45
ConnecticutCheapest CompanyGEICOAnnual Premium$693Monthly Premium$58
DelawareCheapest CompanyState FarmAnnual Premium$881Monthly Premium$73

Frequently Asked Questions About VW ID.4 Insurance

Your insurance premium is based on several factors, including your age and the type of car you drive. The following are frequently asked questions regarding VW ID.4 insurance.

What company has the cheapest car insurance for a VW ID.4?
What company offers the best car insurance for a VW ID.4?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick 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.