BMW i8 insurance rates
Shedding light on car insurance prices
Average BMW i8 insurance rates
The average insurance costs for a BMW i8 is $161 a month — or $1,932 a year. Your actual cost could be more or less depending on your driving record, the number of miles you drive in a year and other factors. To determine our estimated cost, we aggregated quotes from insurance companies using this profile:
- 2017 BMW i8
- 10,001–15,000 miles driven yearly
- No accidents in the past five years
- Anti-theft device on vehicle
- Driver located in New York
- Good credit
Our estimated price is for basic coverage, which we define as two times the state required minimum and the addition of bodily injury, property damage, uninsured motorist bodily injury and personal injury protection.
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About the BMW i8
The BMW i8 has been around since 2015 and was originally the BMW Vision Efficient Dynamics concept car. The BMW i8 is a plug-in hybrid sports car, with a maximum range of 15 miles on pure electricity. By late 2016, there were over 10,000 models sold, making it the best selling electric sports car in the world.
Insurance companies determine the insurance cost for a BMW i8 based on safety ratings, theft rates, replacement costs and overall damage susceptibility. Insurance rates can change based on a driver’s history and location. BMW shoppers should grab quotes from several insurance companies to find the lowest premium possible before they commit. BMW i8 shoppers should also do their research and see if they qualify for insurance discounts with each insurance company.
BMW i8 Series money-saving safety features
You could save money on car insurance for your BMW i3 Series if it comes equipped with these safety features.
- Airbags
- Traction control
- Auto-Leveling Headlights
- Electronic stability control
- Daytime running lights
Random BMW Facts
- BMW was founded in 1917 and entered the aircraft manufacturing market. They started manufacturing cars in 1928.
- BMW prices start at $34,000 and can go up to $154,000.
- The 3 Series line is the best selling BMW model.
- The BMW 7 Series was the most likely to get stolen, based on a ranking by the National Highway Traffic Safety Administration for 2011.
- After World War II, BMW switched to producing pots, pans and bicycles until 1948, when they restarted motorcycle production.
BMW i8 price
A 2017 BMW i8 starts at a base price of $143,400. With the average insurance rate at $1,932 per year, the annual insurance cost–to–base car price ratio is 1.35%.
Which car insurance provider is best for me?
Looking to save on car insurance? Answer these three questions to find a provider that best fits your needs and budget.
Question 1 of 3
Do you drive or plan to own a BMW i8?
Question 2 of 3
Are you already insured by a provider?
Question 3 of 3
How old are you?
Based on your answers, we think these providers are right for you
Allstate Auto Insurance
Allstate is a trusted and well-established company that offers life, automobile, home, renters, condo, motorcycle and business insurance policies. Founded in 1931, the company strives to make the community safer.
Allstate car insurance comes with:
- New car replacement.
- Accident forgiveness.
- Rewards for safe driving.
How does the BMW i8 compare to other car models?
From a price standpoint, the BMW i8 ranks right in the middle of our list of the 360 priciest car models to insure. Explore the prices of other car brands and models:
Compare insurance providers that cover BMW i8
Rates last updated April 22nd, 2018
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