Prachi Singh Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.


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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 $3,641 per year or $303 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 2021 Bmw I8 costs $3,641 per year, whereas the 2020 Bmw I8 costs $3,525 annually. Progressive offers the cheapest annual rate for 2021 Bmw I8 $1,910 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

Year of Bmw I8 modelAverage cost to insure
2021$3,641
2020$3,525
2019$3,725
2018$3,400
2017$3,719
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Compare Bmw I8 insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
Allstate2 Door Convertible Turbo Electric Hybrid$5,809
Farmers2 Door Convertible Turbo Electric Hybrid$9,235
Geico2 Door Convertible Turbo Electric Hybrid$4,192
Nationwide2 Door Convertible Turbo Electric Hybrid$11,829
Progressive2 Door Convertible Turbo Electric Hybrid$1,879
State Farm2 Door Convertible Turbo Electric Hybrid$2,411
Allstate2 Door Coupe Turbo Electric Hybrid$5,809
Farmers2 Door Coupe Turbo Electric Hybrid$8,854
Geico2 Door Coupe Turbo Electric Hybrid$4,045
Nationwide2 Door Coupe Turbo Electric Hybrid$11,829
Progressive2 Door Coupe Turbo Electric Hybrid$2,870
State Farm2 Door Coupe Turbo Electric Hybrid$2,342

Bmw I8 insurance rates per year

2021

2021 Bmw I8 insurance rates

Average cost to insure $3,641
Annual cheapest rate $1,910
Available trims n/a
RankCompanyAverage annual premium
1Progressive$1,910
2State Farm$2,546
3Farmers$2,731
4Geico$3,484
5Nationwide$3,830
6Allstate$7,344
2020

2020 Bmw I8 insurance rates

Average cost to insure $3,525
Annual cheapest rate $2,352
Available trims n/a
RankCompanyAverage annual premium
1Progressive$2,352
2Farmers$2,486
3State Farm$2,516
4Geico$3,638
5Nationwide$3,863
6Allstate$6,296
2019

2019 Bmw I8 insurance rates

Average cost to insure $3,725
Annual cheapest rate $2,664
Available trims n/a
RankCompanyAverage annual premium
1Progressive$2,664
2State Farm$2,809
3Geico$3,194
4Farmers$3,401
5Nationwide$4,151
6Allstate$6,129
2018

2018 Bmw I8 insurance rates

Average cost to insure $3,400
Annual cheapest rate $1,454
Available trims n/a
RankCompanyAverage annual premium
1Geico$1,454
2State Farm$2,805
3Progressive$3,349
4Farmers$3,438
5Nationwide$3,688
6Allstate$5,663
2017

2017 Bmw I8 insurance rates

Average cost to insure $3,719
Annual cheapest rate $2,744
Available trims n/a
RankCompanyAverage annual premium
1State Farm$2,744
2Geico$3,226
3Progressive$3,322
4Farmers$3,629
5Nationwide$3,756
6Allstate$5,638
2016

2016 Bmw I8 insurance rates

Average cost to insure $3,653
Annual cheapest rate $2,668
Available trims n/a
RankCompanyAverage annual premium
1State Farm$2,668
2Geico$3,124
3Progressive$3,312
4Farmers$3,566
5Nationwide$3,945
6Allstate$5,301
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