Gianetta Palmer is a writer, copywriter, and essayist. Her work has appeared in EverydayHealth.com, Healthline, and The Dyrt Magazine. She is the author of Scrunchie-Fried and writes a lot about car insurance in her spare time.

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Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He also has an MBA from the University of South Florid...

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Reviewed by Joel Ohman
Founder, CFP®

UPDATED: Jun 17, 2021

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Looking for a new or used BMW M4? And wondering how much it costs to insure by year? We researched average annual insurance costs for each model year and have compiled the results for you below.

BMW M4 insurance facts

  • Average full coverage auto insurance premium: $252/month

  • Most affordable companies: USAA ($151/month) & GEICO ($159/month)

  • M4 car insurance cost vs. average rate: $113 more expensive than the average vehicle

Explore the pricing information below to find how much it will cost you to insure your BMW M4 by model year and auto insurer.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

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Below average BMW M4 insurer costs by state:

Risk factors affecting BMW M4 coverage rates

The make and model of your vehicle, along with the year of manufacture, are the three most important factors in determining your car’s value, which in turn is the main factor in determining your car insurance premium. Your own personal driving history, age, marital status, credit scoretype of vehicle, coverage levels, and other personal factors are also important components of your rate.

How to save money on BMW M4 insurance coverage?

Many driver discounts are available to people through most major auto insurance companies, such as

  • Student discounts

  • Safe drivers

  • Senior discounts

With all BMW models, you can get the following discounts:

  • Passive restraint systems

  • Anti-lock brakes

  • Anti-theft devices

BMW Luxury Automobile Brand

BMW is a German automobile manufacturer and owner of the MINI brand, producing luxury vehicles for the United States and other international markets. The target market of BMW is the affluent class of modern urban consumers. All BMW’s automobiles have high safety ratings, with many of their vehicles getting “Top Safety Pick” and 5-star safety and crash test ratings from the National Highway Traffic Safety Administration (NHTSA). The BMW 3 Series, Z4, and X5 are some of their most popular vehicles.

Higher than average M4 repair costs equal higher coverage rates

Many consumers are attracted to the BMW luxury, comfort, safety, and driver-assist technologies, like BMW’s driver assistance system. Automotive parts are not as common as popular vehicles, like the Toyota or Honda. Repairing a BMW is higher than average since repair parts are more expensive and not as available as popular vehicles. For this reason, many BMWs are going to have higher than average car insurance rates to similar vehicles in their class.

Rapid depreciation for BMW M4 affecting auto policies

Another factor to consider for BMW’s, is they depreciate rapidly (notably higher-end luxury BMW models), affecting auto insurance rates. As your vehicle’s value goes down each year, your auto policy could go down at each renewal. On the other hand, in an auto accident, you need repair parts that rarely go down in price for all BMW models. This could put you in a difficult situation position since many car insurance companies will subtract depreciation from the amount paid for your insurance claim resulting in a situation where your claim payout doesn’t fully cover your repair cost.

High IIHS and NHTSA safety ratings lower auto rates for drivers

BMW’s are known for their safety ratings, safety features, 5-star crash test ratings, and driver-assist technologies (semiautonomous driving), lowering auto insurance rates for drivers with a good driving record, sometimes getting 20% driver discounts for passive restraints and safety features in BMW models. The BMW 3 series, five series, X3, and X5 are Insurance Institute for Highway Safety (IIHS) “Top Safety Picks,” and the NHTSA consistently gives BMW top safety ratings each year, lowering your car insurance costs.

AutoInsureSavings.org licensed insurance agents to recommend comprehensive and collision coverage, uninsured motorist coverage, and roadside assistance for new Audi automobile owners when buying an insurance policy.

2021 BMW M4

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $3519
Allstate$2756
American Family$1970
Erie$2648
GEICO$1840
Kentucky Farm Bureau$3217
Liberty Mutual$2143
Mercury$2048
Nationwide$3088
Progressive$2296
Safeco$3627
State Farm$2488
Tennessee Farmers$2544
Texas Farm Bureau$2361
The Hanover$3426
Travelers$2908
USAA$1812

Compare all 2021 BMW M4 rates

Average Cost to Insure Per Year

$3067

List Price

$71800

Trims Available

Base - Base Engine: twin-turbo 3.0-liter inline-six with advance and passive safety features: BMW Active Driving Assistant, collision avoidance technologies with forward-collision warning, pedestrian detection, low-speed automatic emergency braking, lane-departure warning, blind-spot warning, rear cross-traffic warning, Safety Features: Airbags, 4-Wheel ABS, 4-Wheel Disc Brakes, Brake Assist, Electronic Stability Control, Traction Control, Blind Spot Monitor, Lane Departure Warning, and Lane Keeping Assist

2020 BMW M4

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $3316
Allstate$2777
American Family$1812
Erie$2640
GEICO$2456
Kentucky Farm Bureau$3124
Liberty Mutual$2147
Mercury$2035
Nationwide$3045
Progressive$2235
State Farm$1964
Tennessee Farmers$2570
Texas Farm Bureau$2348
The Hanover$3302
Travelers$2865
USAA$1706

Compare all 2020 BMW M4 rates

Average Cost to Insure Per Year

$3026

List Price

$69150

Trims Available

Base - Base Engine: twin-turbo 3.0-liter inline-six with advance and passive safety features: BMW Active Driving Assistant, collision avoidance technologies with forward-collision warning, pedestrian detection, low-speed automatic emergency braking, lane-departure warning, blind-spot warning, rear cross-traffic warning, Safety Features: Airbags, 4-Wheel ABS, 4-Wheel Disc Brakes, Brake Assist, Electronic Stability Control, Traction Control, Blind Spot Monitor, Lane Departure Warning, and Lane Keeping Assist

2019 BMW M4

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $3016
Allstate$2340
American Family$1635
Erie$2265
GEICO$2035
Kentucky Farm Bureau$2718
Liberty Mutual$1799
Mercury$1781
Nationwide$2560
Progressive$1835
State Farm$1750
Tennessee Farmers$2153
Texas Farm Bureau$1954
The Hanover$2853
Travelers$2473
USAA$1623

Compare all 2019 BMW M4 rates

Average Cost to Insure Per Year

$2977

List Price

$69150

Trims Available

Base - Base Engine: twin-turbo 3.0-liter inline-six with advance and passive safety features: BMW Active Driving Assistant, collision avoidance technologies with forward-collision warning, pedestrian detection, low-speed automatic emergency braking, lane-departure warning, blind-spot warning, rear cross-traffic warning, Safety Features: Airbags, 4-Wheel ABS, 4-Wheel Disc Brakes, Brake Assist, Electronic Stability Control, Traction Control, Blind Spot Monitor, Lane Departure Warning, and Lane Keeping Assist

2018 BMW M4

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 2353
Acuity$ 2353
Allied$ 2035
Allied$ 2035
Arbella$ 2321
Arbella$ 2321
Country$ 2417
Country$ 2417
Erie$ 1608
Erie$ 1608
Mercury$ 1399
Mercury$ 1399
Nationwide$ 2169
Nationwide$ 2169
Plymouth Rock Insurance$ 2305
Plymouth Rock Insurance$ 2305
Progressive$ 2469
Progressive$ 2469
State Farm$ 2498
State Farm$ 2498
Tennessee Farmers$ 1432
Tennessee Farmers$ 1432
USAA$ 2099
USAA$ 2099

Compare all 2018 BMW M4 rates

Average Cost to Insure Per Year

$ 2941

List Price

$ 68700

Trims Available

Base

2017 BMW M4

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 2247
Acuity$ 2247
Allied$ 2094
Allied$ 2094
Arbella$ 2187
Arbella$ 2187
Country$ 2303
Country$ 2303
Erie$ 1458
Erie$ 1458
Mercury$ 1368
Mercury$ 1368
Nationwide$ 2160
Nationwide$ 2160
Plymouth Rock Insurance$ 2168
Plymouth Rock Insurance$ 2168
State Farm$ 2170
State Farm$ 2170
Tennessee Farmers$ 1452
Tennessee Farmers$ 1452
USAA$ 2071
USAA$ 2071
Vermont Mutual$ 2492
Vermont Mutual$ 2492

Compare all 2017 BMW M4 rates

Average Cost to Insure Per Year

$ 2950

List Price

$ 66200

Trims Available

Base

2016 BMW M4

Cheapest Insurance CompaniesAverage Annual Cost
21st Century$ 3104
21st Century$ 3104
Allstate$ 2579
Allstate$ 2579
American Family$ 2598
American Family$ 2598
Amica$ 2985
Amica$ 2985
Farmers$ 1699
Farmers$ 1699
GEICO$ 1660
GEICO$ 1660
Mercury$ 1065
Mercury$ 1065
Nationwide$ 1954
Nationwide$ 1954
Progressive$ 1969
Progressive$ 1969
Southern Farm Bureau$ 2479
Southern Farm Bureau$ 2479
State Farm$ 1655
State Farm$ 1655
USAA$ 1053
USAA$ 1053

Compare all 2016 BMW M4 rates

Average Cost to Insure Per Year

$ 1938

List Price

$ 65700

Trims Available

Base - GTS

2015 BMW M4

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 2175
Acuity$ 2175
Allied$ 2094
Allied$ 2094
Arbella$ 2136
Arbella$ 2136
Country$ 2188
Country$ 2188
Erie$ 1363
Erie$ 1363
Mercury$ 1333
Mercury$ 1333
Nationwide$ 2189
Nationwide$ 2189
Plymouth Rock Insurance$ 2033
Plymouth Rock Insurance$ 2033
State Farm$ 1976
State Farm$ 1976
Tennessee Farmers$ 2137
Tennessee Farmers$ 2137
USAA$ 1957
USAA$ 1957
Vermont Mutual$ 2352
Vermont Mutual$ 2352

Compare all 2015 BMW M4 rates

Average Cost to Insure Per Year

$ 2775

List Price

$ 64200

Trims Available

Base