If you own a BMW I8 or are planning to buy one, you'll want to know what insurance is likely to cost. Insurance costs can vary widely depending on your vehicle's model year, trim, driving history, and where you live.
There's a car insurance rates by model tool below that lets you enter your state, model year, and other details to get personalized estimates. It helps you compare rates from numerous carriers side by side, so you can find insurance policy that balances coverage and cost, helping you save money.
Keep reading to learn more about the average insurance rates for BMW I8 by model year and by company.
Average insurance cost of BMW I8 by model year
| Year of BMW I8 model | Average cost to insure |
|---|---|
| 2020 | $4,917 |
| 2019 | $4,724 |
| 2017 | $4,360 |
Compare I8 insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| Progressive | 4WD 2 Door Convertible Automatic Turbo Hybrid | $2,566 |
| State Farm | 4WD 2 Door Coupe Automatic Turbo Hybrid | $3,511 |
| State Farm | 4WD 2 Door Convertible Automatic Turbo Hybrid | $3,732 |
| Progressive | 4WD 2 Door Coupe Automatic Turbo Hybrid | $3,970 |
| GEICO | 4WD 2 Door Coupe Automatic Turbo Hybrid | $4,660 |
| GEICO | 4WD 2 Door Convertible Automatic Turbo Hybrid | $4,781 |
| Nationwide | 4WD 2 Door Coupe Automatic Turbo Hybrid | $5,293 |
| Nationwide | 4WD 2 Door Convertible Automatic Turbo Hybrid | $5,313 |
| Allstate | 4WD 2 Door Convertible Automatic Turbo Hybrid | $7,076 |
| Allstate | 4WD 2 Door Coupe Automatic Turbo Hybrid | $7,076 |
BMW I8 insurance rates per year
2020 BMW I8 insurance rates
Rank Company Average annual premium 1 Progressive $3,214 2 State Farm $4,363 3 Farmers $4,682 4 Nationwide $5,087 5 GEICO $5,442 6 Allstate $6,716 2019 BMW I8 insurance rates
Rank Company Average annual premium 1 Progressive $3,045 2 State Farm $4,206 3 Farmers $4,497 4 Nationwide $5,171 5 GEICO $5,199 6 Allstate $6,225 2017 BMW I8 insurance rates
Rank Company Average annual premium 1 Progressive $3,608 2 State Farm $3,881 3 Farmers $4,185 4 Nationwide $4,266 5 GEICO $4,610 6 Allstate $5,610
BMW insurance annual rates by model
Methodology
Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.
Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:
- Bodily injury liability of $100,000 per person and $300,000 per incident
- Property damage liability of $100,000 per incident
- Comprehensive and collision deductibles of $500
- 40-year-old driver
- Honda Accord LX
- Good credit
- A clean driving record
- 12-mile commute, 10,000 annual mileage