What’s the Insurance Cost for a BMW i4?

Models BMW i4
1

Hey folks,

Thinking about getting a BMW i4 and curious about what the insurance might set me back. Anyone here have experience with insuring one of these? How’s the cost compared to other luxury electric cars?

Thanks for any insights!

2

Insurance for a BMW i4 can be higher due to its luxury status. Costs vary by location and coverage. Generally, it’s comparable to other luxury electric cars. Get quotes from multiple providers for the best rate.

3

I pay around $400 a month for my State Farm insurance. I am over 30 years old and have a clean driving record.

4

I’m considering getting a BMW i4 and wondering about the insurance costs. I don’t have direct experience with this model, but when I insured my last car, a luxury electric vehicle, the rates were noticeably higher than for standard cars. Factors like driving history, location, and coverage level play a big role. If anyone has insured a BMW i4, how does it compare to other luxury EVs? Any insights on what to expect would be really helpful! Thanks

5

I believe it varies greatly depending on a variety of criteria including as where you live, how many people are on your policy, your driving history, whether or not you combine it with homeowners and other vehicles, the deductible you select, and so on. That being said, I have a clean driving record, my entire family is covered by the policy, as are the homeowners and the other car. I live in Colorado. My premium is 850 per year.