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Car insurance rates vary based on the make and model of the vehicle and trim levels. According to Insurance.com research, the average cost of insuring a Bmw I8 is $3,478 per year or $290 per month. However, these rates can vary depending on your location, driving history, age, and other factors.

The auto insurance rates also change based on the vehicle’s model year. For example, the 2020 Bmw I8 costs $3,478 per year, whereas the 2019 Bmw I8 costs $3,725 annually. Progressive offers the cheapest annual rate for 2020 Bmw I8 $2,350 per year.

Keep reading to learn more about which state offers the cheapest car insurance rates based on model year and which model year is the cheapest to insure amongst all the models surveyed by Insurance.com.

Average insurance cost of Bmw I8 by model year
Graph
Table
Year of Bmw I8 ModelAverage Cost to Insure
2020$3,478
2019$3,725
2018$3,400
2017$3,719
2016$3,653

Compare BMW I8 Insurance Rates by State

L O A D I N G
Company Style Full Coverage(Avg) Liability Coverage(Avg) State Minimum Coverage(Avg)
Allstate2 Door Convertible Turbo Hybrid$4,837$790$693
Geico2 Door Convertible Turbo Hybrid$1,399$458$323
Farmers2 Door Convertible Turbo Hybrid$5,267$741$635
Nationwide2 Door Convertible Turbo Hybrid$2,893$1,152$843
Progressive2 Door Convertible Turbo Hybrid$1,700$585$400
State Farm2 Door Convertible Turbo Hybrid$1,960$843$598
Allstate2 Door Coupe Turbo Hybrid$4,837$790$693
Geico2 Door Coupe Turbo Hybrid$3,968$458$323
Farmers2 Door Coupe Turbo Hybrid$5,267$741$635
Nationwide2 Door Coupe Turbo Hybrid$6,338$939$694
Progressive2 Door Coupe Turbo Hybrid$3,863$635$432
State Farm2 Door Coupe Turbo Hybrid$4,785$843$598

2020 Bmw I8 Insurance Rates

Average Cost to Insure $3,478
Annual Cheapest Rate $2,350
Available Trims n/a
RankCompaniesAverage Premium
1Progressive$2,350
2State Farm$2,546
3Nationwide$3,017
4Farmers$3,022
5Geico$3,638
6Allstate$6,296

2019 Bmw I8 Insurance Rates

Average Cost to Insure $3,725
Annual Cheapest Rate $2,664
Available Trims n/a
RankCompaniesAverage Premium
1Progressive$2,664
2State Farm$2,809
3Geico$3,194
4Farmers$3,401
5Nationwide$4,151
6Allstate$6,129

2018 Bmw I8 Insurance Rates

Average Cost to Insure $3,400
Annual Cheapest Rate $1,454
Available Trims n/a
RankCompaniesAverage Premium
1Geico$1,454
2State Farm$2,805
3Progressive$3,349
4Farmers$3,438
5Nationwide$3,688
6Allstate$5,663

2017 Bmw I8 Insurance Rates

Average Cost to Insure $3,719
Annual Cheapest Rate $2,744
Available Trims n/a
RankCompaniesAverage Premium
1State Farm$2,744
2Geico$3,226
3Progressive$3,322
4Farmers$3,629
5Nationwide$3,756
6Allstate$5,638

2016 Bmw I8 Insurance Rates

Average Cost to Insure $3,653
Annual Cheapest Rate $2,668
Available Trims n/a
RankCompaniesAverage Premium
1State Farm$2,668
2Geico$3,124
3Progressive$3,312
4Farmers$3,566
5Nationwide$3,945
6Allstate$5,301

Compare BMW insurance rates by model

Make/ModelAnnual Rates
BMW Alpina$3,139/year
BMW 740I$2,619/year
BMW 440I$2,414/year
BMW 230I$2,015/year
BMW X3$1,760/year
BMW X1$1,641/year
BMW M4$2,924/year
BMW 530I$2,311/year
BMW 330I$2,104/year

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