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
Updated: October 25, 2024
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Car Insurance CostsBMW 4 SeriesTable 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.
10Companies Compared
23,904 Quotes Analyzed
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.
Data filtered by:Results filtered by:
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Age:40
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Coverage:Full Coverage
| State Farm | $1,618 |
| Nationwide | $1,734 |
| GEICO | $1,753 |
| Travelers | $1,758 |
| Progressive | $2,136 |
| Farmers | $2,200 |
| Allstate | $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.
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Age:40
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Coverage:Full Coverage
| 2022 | $2,082 |
| 2021 | $2,038 |
| 2020 | $1,954 |
| 2019 | $1,925 |
| 2018 | $1,868 |
| 2017 | $1,803 |
| 2016 | $1,790 |
| 2015 | $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.
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Model Year:2022
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Age:40
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Coverage:Full Coverage
| Nationwide | $1,665 |
| Travelers | $1,844 |
| State Farm | $1,845 |
| GEICO | $1,932 |
| Progressive | $2,324 |
| Farmers | $2,433 |
| Allstate | $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.
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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Age:16
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Model Year:2022
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Coverage:Full Coverage
| State Farm | $6,031 |
| Nationwide | $6,849 |
| Travelers | $7,761 |
| GEICO | $9,031 |
| Farmers | $11,590 |
| Allstate | $11,961 |
| Progressive | $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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Age Group:30-59
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Coverage:Full Coverage
| Alabama | Nationwide | $709 | $59 |
| Alaska | State Farm | $699 | $58 |
| Arizona | Root Insurance Company | $682 | $57 |
| Arkansas | State Farm | $629 | $52 |
| California | AAA California | $1,001 | $83 |
| Colorado | American National P&C | $541 | $45 |
| Connecticut | GEICO | $693 | $58 |
| Delaware | State Farm | $881 | $73 |
| District of Columbia | GEICO | $662 | $55 |
| Florida | State Farm | $1,058 | $88 |
| Georgia | Country Financial | $665 | $55 |
| Hawaii | GEICO | $565 | $47 |
| Idaho | American National P&C | $299 | $25 |
| Illinois | Country Financial | $663 | $55 |
| Indiana | American Family | $555 | $46 |
| Iowa | State Farm | $509 | $42 |
| Kansas | Nationwide | $670 | $56 |
| Kentucky | Nationwide | $790 | $66 |
| Louisiana | Louisiana Farm Bureau | $1,048 | $87 |
| Maine | Concord Group | $521 | $43 |
| Maryland | Progressive | $938 | $78 |
| Massachusetts | State Farm | $483 | $40 |
| Michigan | GEICO | $898 | $75 |
| Minnesota | State Farm | $797 | $66 |
| Mississippi | Direct General Insurance | $723 | $60 |
| Missouri | Nationwide | $909 | $76 |
| Montana | Progressive | $437 | $36 |
| Nebraska | American National P&C | $405 | $34 |
| Nevada | CSAA | $940 | $78 |
| New Hampshire | State Farm | $540 | $45 |
| New Jersey | Plymouth Rock Assurance | $895 | $75 |
| New Mexico | State Farm | $644 | $54 |
| New York | Kemper | $781 | $65 |
| North Carolina | Erie | $630 | $52 |
| North Dakota | American Family | $616 | $51 |
| Ohio | Nationwide | $485 | $40 |
| Oklahoma | State Farm | $662 | $55 |
| Oregon | State Farm | $706 | $59 |
| Pennsylvania | Nationwide | $580 | $48 |
| Rhode Island | State Farm | $700 | $58 |
| South Carolina | American National P&C | $463 | $39 |
| South Dakota | Allstate | $746 | $62 |
| Tennessee | State Farm | $579 | $48 |
| Texas | State Farm | $699 | $58 |
| Utah | Nationwide | $725 | $60 |
| Vermont | State Farm | $493 | $41 |
| Virginia | American Family | $601 | $50 |
| Washington | PEMCO | $534 | $44 |
| West Virginia | Erie | $784 | $65 |
| Wisconsin | GEICO | $556 | $46 |
| Wyoming | State Farm | $745 | $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.
What company has the cheapest car insurance for a BMW 4 Series?
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.
What company offers the best car insurance for a BMW 4 Series?
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.