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BMW i8 insurance rates

Average BMW i8 insurance cost? $406. But this top-tier electric can go cheaper — see sample quotes.

Top car insurers for BMW i8Compare companies
How much does insurance cost?See sample rates

The average cost of car insurance for a 2020 BMW i8 is $406.44 a month —or $4,877.28 a year. However, your actual costs depend on your driving history, car model, location and other factors.

Filter car insurance companies by states served, roadside assistance, accident forgiveness and more to get a quote.

Name Product Roadside assistance New car protection Accident forgiveness Safe driver discount Available states
Allstate
Optional
13%
All 50 states
Your dedicated agent can help you find the best savings with multiple discounts and rewards programs.
Progressive
Optional
30%
All 50 states & DC
Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
The AARP Auto Insurance Program from The Hartford
Optional
Yes
All 50 states
Enjoy low rates for mature drivers, plus perks like new car replacement and lifetime repair guarantees. Only for drivers over age 50.
Root
52%
Available in 31 states
Track your driving to receive a low rate that reflects your driving skills, and enjoy a fully app-based policy experience.
Savvy
Optional
Depends on provider
Yes
All states & DC
Get quotes in 30-seconds from 100+ companies, and save an average of $800 or more per year. Requires online login to your existing insurance.
Liberty Mutual
Optional
30%
All 50 states & DC
Earn free accident forgiveness after five years claims-free and customize your policy anytime online at the tap of a button.
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BMW i8 car insurance rates

We pulled BMW i8 car insurance quotes from top insurance companies to find that the average monthly cost to insure a 2020 BMW i3 is $406.44. However, an older model may score you lower rates.

Model YearProgressiveGeicoState FarmFarmersAverage
2014 BMW i8$211.93$242.70$380.82$388.33$305.95
2016 BMW i8$265.60$280.81$425.78$401.25$343.36
2020 BMW i8$370.62$341.34$480.03$433.78$406.44

How we got these rates

Our rates are based on a single 30-year old driver with a clean driving history living in California. California is one of seven states that don’t use gender to determine car insurance costs. We chose full coverage car insurance with liability limits that exceed the California state minimum requirements, which include:

  • Bodily injury liability per person: $50,000
  • Bodily injury liability per accident: $100,000
  • Property damage liability: $50,000
  • Comprehensive deductible: $500
  • Collision deductible: $500
  • Medical payments: $5,000
  • Uninsured motorist bodily injury: $50,000/$100,000

Your rates may be different based on details such as your zip, location, job type, annual mileage and more.

Compare car insurance quotes

Enter your ZIP code below and click Compare to see the cheapest rates in your area.

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.

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

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.

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