BMW M2 Car Insurance Cost

Securing insurance for a BMW M2 usually costs around $8,878 per year with National General. Yet, the final price might differ depending on factors such as your age, the car’s model year, and other relevant details. You can check the quote tables below to gauge the potential cost tailored to your situation.

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Updated: 26 May 2024
Written by
Bob Phillips
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If you’re considering purchasing a BMW M2, it’s essential to factor in the cost of insurance. Insurance plays a significant role in car ownership, so it’s vital to grasp the financial responsibility before making a decision.

Selecting the appropriate car insurance is crucial to prevent unexpected and potentially costly surprises down the road. Having adequate coverage in the event of an accident can help avoid substantial out-of-pocket expenses. Furthermore, being found at fault in an accident could lead to higher insurance premiums.

Based on over a decade of researching car insurance rates, I’ve noticed considerable variation in these costs. Factors such as age, driving history, and location all play a significant role in determining insurance premiums.

How Much Does BMW M2 Car Insurance Cost?

Usually, National General offers the most affordable option, with an annual rate of about $8,878 for full coverage insurance on a 2024 BMW M2.

While National General’s rate provides a helpful starting point, it’s important to understand that car insurance expenses can vary widely due to several factors. These factors include where you live, your driving history, your car’s age, and the specific coverage options you choose. Maintaining a clean driving record usually results in lower premiums, but a history of accidents or traffic violations can increase your rates.

Additionally, living in a bustling urban area typically means higher insurance costs compared to quieter rural areas. The type of coverage you select also influences your premium – comprehensive coverage, which includes both comprehensive and collision coverage, will be more expensive than basic liability coverage.

At Insuranceopedia, we’re here to assist you in comparing quotes from different insurance providers so you can find the best deal possible.

2024 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
National General $8,878
National General Value $13,872

2023 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
Dairyland Auto $4,396
National General $4,513

2022 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
Texas Farm Bureau Group $2,213
National General $3,171
State Farm $3,242
Republic Indemnity $3,537
Travelers $4,262
USAA $4,857
Mercury $5,565
Allstate $5,823
Nationwide $5,998
Erie $6,524

2021 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
Mercury Insurance $2,081
Allied $2,433
Liberty Mutual $2,575
State Farm $2,739
Travelers $2,868
National General $3,141
Mercury $3,411
USAA $3,638
Clearcover $3,872
Allstate $4,003

2020 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
Texas Farm Bureau Group $1,310
North Carolina Farm Bureau $1,955
Virginia Farm Bureau $2,182
Direct Auto $2,204
GMAC Insurance Group $2,267
Utica National Ins Group $2,371
Penn National $2,809
New York Central Mutual Fire $2,841
Farm Bureau Mutual (IA Group) $2,931
Hastings Mutual Insurance Co $2,915

2019 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
Auto-Owners Insurance Co $2,413
Texas Farm Bureau Group $2,432
Travelers $2,496
Unitrin $2,635
Nationwide $2,692
State Farm $2,681
California Capital $2,800
USAA $2,961
Central Mutual Insurance Co $3,145
Country $3,212

2018 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
American National P $634
Southern Farm Bureau $1,684
Utica National Ins Group $1,821
Virginia Farm Bureau $1,867
Farm Bureau Mutual (IA Group) $1,953
Mercury Insurance Company $2,090
ACCC Insurance Company $2,132
Georgia Farm Bureau $2,112
New York Central Mutual Fire $2,249
Country $2,287

2017 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
Safeco $820
Direct Auto $1,679
SECURA Insurance $2,135
Pekin Insurance $2,153
Allied $2,172
National General $2,470
Oklahoma Farmers Union $2,588
Travelers $2,697
Direct General Insurance $2,795
Country $2,952

2016 BMW M2 Insurance Rates

Insurance Provider Average Annual Cost
SECURA Insurance $1,034
Buckeye Insurance Group $1,242
American Family $1,387
Hastings Mutual Insurance Co $1,605
Celina Insurance Group $1,635
Motorists Mutual $1,675
Wolverine Mutual $1,756
Ohio Mutual Ins Group $1,801
Western Reserve $1,889
Cincinnati Insurance $2,101

FAQs

Who has the cheapest car insurance for a BMW M2?

In 2024, National General provides the cheapest car insurance rates for the BMW M2.

Which company offers the best car insurance for a BMW M2?

We believe National General offers the top car insurance choice for a BMW M2 because they provide a blend of affordable rates, extensive coverage, and outstanding customer service ratings.

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