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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: 12 October 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
Allstate	$3,380
Nationwide	$1,371
Allied	$2,402
USAA	$3,388
Mercury Insurance	$2,115
National General	$3,137
Mercury	$3,026
Liberty Mutual	$2,615
State Farm	$1,777
Travelers	$1,854

2020 BMW M2 Insurance Rates

Insurance Provider	Average Annual Cost
USAA	$2,956
North Carolina Farm Bureau	$1,969
Texas Farm Bureau Group	$1,259
Republic Indemnity	$3,082
GMAC Insurance Group	$2,293
New York Central Mutual Fire	$2,806
Penn National	$2,498
Direct Auto	$2,251
State Farm	$3,286
Erie	$2,686

2019 BMW M2 Insurance Rates

Insurance Provider	Average Annual Cost
State Farm	$2,594
Nationwide	$1,529
Unitrin	$2,840
Esurance	$3,357
USAA	$2,771
Allied	$2,864
Mercury	$3,330
California Capital	$3,507
Farmers	$2,985
Allstate	$3,329

2018 BMW M2 Insurance Rates

Insurance Provider	Average Annual Cost
USAA	$2,702
Chubb	$3,696
New York Central Mutual Fire	$2,286
State Farm	$3,549
Mercury Insurance Company	$2,034
CSAA	$3,788
California Capital	$2,831
Country	$2,229
Grange	$3,838
Travelers	$2,223

2017 BMW M2 Insurance Rates

Insurance Provider	Average Annual Cost
National General	$2,425
Unitrin	$3,007
State Farm	$3,233
Pekin Insurance	$2,153
USAA	$3,142
Country	$2,977
Oklahoma Farmers Union	$2,577
SECURA Insurance	$2,152
Safeco	$842
Travelers	$2,674

2016 BMW M2 Insurance Rates

Insurance Provider	Average Annual Cost
Farm Bureau Ins of MI	$2,486
SECURA Insurance	$1,012
National General	$2,875
Wolverine Mutual	$1,700
CSAA	$2,145
Pioneer State Mutual Ins Co	$2,515
Hastings Mutual Insurance Co	$2,113
Auto-Owners Insurance Co	$2,757
Texas Farm Bureau Group	$2,383
MEEMIC Insurance Company	$2,721

Compare BMW M2 To Other BMW Models

Looking for other BMW model insurance costs?

Our Methodology

To ensure accurate and trustworthy insurance company ratings, I employed a detailed methodology. I assess numerous insurers, utilizing insights from reputable review sites and critical metrics from industry authorities such as A.M. Best and J.D. Power. With my 15 years of experience as an insurance agent, I enhance our analysis with firsthand knowledge, ensuring our ratings are reliable guides for your insurance decision-making process.

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Quotes Analyzed

Brands Reviewed

40+

Research Hours

15+

Years Of Experience