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 M2 is $2,317 per year or $193 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 M2 costs $2,317 per year, whereas the 2019 Bmw M2 costs $2,435 annually. State Farm offers the cheapest annual rate for 2020 Bmw M2 $1,754 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 M2 by model year
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| Year of Bmw M2 Model | Average Cost to Insure |
|---|---|
| 2020 | $2,317 |
| 2019 | $2,435 |
| 2018 | $2,335 |
| 2017 | $2,314 |
| 2016 | $2,218 |
Compare BMW M2 Insurance Rates by State
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| Company | Style | Full Coverage(Avg) | Liability Coverage(Avg) | State Minimum Coverage(Avg) |
|---|---|---|---|---|
| Allstate | 2 Door Coupe Turbo | $3,142 | $759 | $667 |
| Geico | 2 Door Coupe Turbo | $1,390 | $449 | $316 |
| Farmers | 2 Door Coupe Turbo | $2,625 | $817 | $704 |
| Nationwide | 2 Door Coupe Turbo | $4,115 | $983 | $725 |
| Progressive | 2 Door Coupe Turbo | $3,101 | $635 | $432 |
| State Farm | 2 Door Coupe Turbo | $1,960 | $843 | $598 |
2020 Bmw M2 Insurance Rates
Average Cost to Insure
$2,317
Annual Cheapest Rate
$1,754
Available Trims
Competition, 40i, 40i XDrive
| Rank | Companies | Average Premium |
|---|---|---|
| 1 | State Farm | $1,754 |
| 2 | Geico | $1,965 |
| 3 | Progressive | $2,031 |
| 4 | Nationwide | $2,268 |
| 5 | Farmers | $2,599 |
| 6 | Allstate | $3,282 |
2019 Bmw M2 Insurance Rates
Average Cost to Insure
$2,435
Annual Cheapest Rate
$1,702
Available Trims
Competition, 40i, 40i XDrive
| Rank | Companies | Average Premium |
|---|---|---|
| 1 | State Farm | $1,702 |
| 2 | Geico | $2,128 |
| 3 | Nationwide | $2,189 |
| 4 | Progressive | $2,631 |
| 5 | Farmers | $2,891 |
| 6 | Allstate | $3,071 |
2018 Bmw M2 Insurance Rates
Average Cost to Insure
$2,335
Annual Cheapest Rate
$1,651
Available Trims
Competition, 40i, 40i XDrive
| Rank | Companies | Average Premium |
|---|---|---|
| 1 | State Farm | $1,651 |
| 2 | Geico | $1,964 |
| 3 | Nationwide | $2,096 |
| 4 | Progressive | $2,540 |
| 5 | Farmers | $2,851 |
| 6 | Allstate | $2,907 |
2017 Bmw M2 Insurance Rates
Average Cost to Insure
$2,314
Annual Cheapest Rate
$1,596
Available Trims
Competition, 40i, 40i XDrive
| Rank | Companies | Average Premium |
|---|---|---|
| 1 | State Farm | $1,596 |
| 2 | Nationwide | $2,082 |
| 3 | Geico | $2,147 |
| 4 | Progressive | $2,485 |
| 5 | Farmers | $2,781 |
| 6 | Allstate | $2,791 |
2016 Bmw M2 Insurance Rates
Average Cost to Insure
$2,218
Annual Cheapest Rate
$1,565
Available Trims
Competition, 40i, 40i XDrive
| Rank | Companies | Average Premium |
|---|---|---|
| 1 | State Farm | $1,565 |
| 2 | Geico | $1,886 |
| 3 | Nationwide | $2,093 |
| 4 | Progressive | $2,277 |
| 5 | Allstate | $2,640 |
| 6 | Farmers | $2,848 |
