Car Insurance

BMW i4 Car Insurance Rates

By Peter Mondrose Peter Mondrose is the Head of Insurance Content at Bankovia. He received his degree in Economics in 1998 and a second degree in Journalism in 2004 from the University of Chicago. Most recently he served as Head of Content at, and editor at 3 minute read

All of BMW’s i3 hatchbacks and i8 sports cars are part of the BMW i4 Luxury Car Sedan line of electric cars. Expect the i4’s electric engine and sporty styling to give it a better range assurance than a typical BMW sedan. On average, BMW i4 car insurance rates are $227 per month and $2,724 per year, according to estimates. At $50,000, this is a fairly inexpensive luxury vehicle with a 5-percent annual premium rise over the domestic average.

How do I compare BMW i4 Car insurance rates?

To calculate your insurance rates, you need to take into account a variety of criteria, including: Owning an electric vehicle is quite similar to owning a conventional car.

BMW i4 Car Insurance Rates - BMW Car Brand Logo
  • Body type. The i4 is an entry-level sports vehicle in the insurance company’s lineup. A pickup truck is more expensive than this, yet it’s still better than a vintage automobile.
  • Fuel. Using no gasoline to charge an electric vehicle is a major advantage.
  • The output power of the motor. It’s possible to have the BMW i4 with two electric motors and a 0–60 time of 4 seconds, but this is the best choice in terms of range and price. Insurance premiums may rise as a result of the vehicle’s increasing power and value.
  • The number of robberies is increasing. There isn’t a lot of data on car thefts for the BMW 3 Series yet because it is such a new model. There is the possibility that even the i4 is underpowered.
  • Maintenance. The i4 is expected to have low insurance costs because of BMW’s reputation for creating reliable automobiles. Electric cars in the United States have never been more inexpensive than with the i3.
  • Coverage. Your i4 needs collision, comprehensive, and liability insurance with a $50,000 deposit. To keep the glass safe, you may also try to keep it out of harm’s way.
  • Alternative coverage is available. Insurers that insure the i4 should be allowed to shop around for the best deal. I believe that there should be no limits.
  • Warranty. The i4 is covered for 36,000 to 48,000 miles by BMW’s Ultimate Care Supplement, which includes towing and roadside assistance. It is possible to prolong the program’s lifespan by up to 4 years or by up to 125k kilometers.
  • An offer from a fabricator has been made. BMW provides discounts on its electric car portfolio through the manufacturer in addition to rebates and APRs.

Does the BMW i4 qualify for discounts?

In addition, certain insurance firms offer the following discount to drivers of electric vehicles:

  • Electric vehicle discount
  • New car discount
  • Antitheft discount
  • Anti Lock brake discount
  • Passive restraint discount

Why is insurance so expensive for the i4?

The BMW i4 is a two-in-one vehicle that is both electric and high-end. Both of these characteristics raise insurance costs since they require more expensive replacements and provide broader coverage.

How reliable is the BMW i4?

The new BMW’s safety rating may be found by checking at the various BMW classes.

  • Safety. The BMW i3 receives a security rating of 9.2 out of 10 from US News & World Report. Insurance Institute for Highway Safety gives an excellent grade, an advanced front-competition rating, and an appropriate back-competition rating to all of its automobile models (IIHS). All of the same safety features can be found in the BMW i4.
  • Reliability. BMW has a degree of self-assurance that other models should aspire to. Convenience and dependability are the hallmarks of the BMW i3. According to early reports, two i4 electric engines with a total range of 350 miles have appeared.
  • Recalls. As a result, the i4’s rate of reminders is the same as that of any other BMW electric car..

Bottom line

Premium sports electric vehicles like the BMW i4 are more expensive to insure. The hefty insurance costs, however, can be countered by turning electric or cutting down on your gas consumption. As a bonus, a health insurance provider may also provide you with more savings and a high-end vehicle.

Get several quotes from different insurance companies to find the best deal on BMW i4 insurance.

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