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.
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 |
Compare BMW M2 To Other BMW Models
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- BMW X2 Car Insurance
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.
