1996 BMW 3 Series Insurance Quotes – 7 Ways to Save

Want lower auto insurance rates for your BMW 3 Series? Trying to find low-cost insurance for a new or used BMW 3 Series could be difficult, but you can learn the following methods to find lower rates. There are more efficient ways to shop for auto insurance and you need to know the proper way to compare rates on a BMW and locate the best price possible from both online companies and local agents.

If you have a policy now or are just looking to switch companies, you can use these techniques to find better prices while maximizing coverage. Locating affordable coverage is easy if you know what you’re doing. Drivers just need to know the proper way to compare prices online.

Discounts are basically free money

Companies that sell car insurance don’t always list all their discounts very well, so we researched both the well known as well as the least known discounts you could be receiving. If you don’t get every credit you deserve, you are throwing money away.

  • Government Employees – Active or retired federal employment can save as much as 8% for 3 Series insurance with a few car insurance companies.
  • Resident Student – Children who live away from home and do not have access to a covered vehicle may be able to be covered for less.
  • Payment Discounts – If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
  • Accident Waiver – A handful of insurance companies will allow you to have one accident before raising your premiums if you are claim-free for a particular time prior to the accident.
  • Life Insurance – Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
  • Service Members Pay Less – Being on active duty in the military could be rewarded with lower premiums.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less for 3 Series insurance than drivers with accident claims.

Consumers should know that some of the credits will not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. Even though it may seem like you can get free auto insurance, it doesn’t quite work that way.

For a list of insurers with discount car insurance rates, click here to view.

Free Quotes for Insurance Coverage

Lowering your 1996 BMW 3 Series insurance coverage rates can be quick and easy. Drivers just need to spend a little time to get quotes from different insurance companies. This can be done in a couple of different ways.

The most efficient way to get quotes for comparison would be an industry-wide quote request form (click to open form in new window). This method eliminates the need for separate quotes for every insurance coverage company. A single, simple form gets rate comparisons instantly. Recommended for those who want to invest the least amount of time.

Another way to get quotes online requires you to visit the website of each company to complete their respective quote request forms. For examples sake, let’s say you want rates from Liberty Mutual, 21st Century and American Family. You would have to go to every website to enter your coverage information, which is why most consumers use the first method.

To view a list of companies in your area, click here.

The least recommended way of comparing rate quotes is to drive around to different agent offices. Shopping for insurance coverage online eliminates the need for an insurance agent unless you have a need for the professional guidance that only a license agent can provide. You can, however, price shop online but still have the advice of a local agent. We’ll cover that shortly.

Which method you use is up to you, but compare apples-to-apples quote information with each company. If you enter different liability limits it will be next to impossible to determine which rate is truly the best.

Which insurance is the “right” coverage?

When buying coverage for your vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

These are some specific questions might help in determining whether or not you could use an agent’s help.

  • Is my vehicle covered by my employer’s policy when using it for work?
  • Exactly who is provided coverage by my policy?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • How high should my medical payments coverage be?
  • Am I covered if I crash into my own garage door?
  • Does my personal policy cover me when driving out-of-state?

If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and can help protect your family.

Parts of your insurance policy

Having a good grasp of a insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your BMW 3 Series.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Coverage for liability – Liability insurance protects you from injuries or damage you cause to other’s property or people in an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability can pay for claims such as medical services, pain and suffering and court costs. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Collision coverage – This coverage pays for damage to your 3 Series resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things such as rolling your car, scraping a guard rail, backing into a parked car and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also increase the deductible to get cheaper collision coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP pay for short-term medical expenses such as funeral costs, surgery, chiropractic care, doctor visits and pain medications. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive auto coverage – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hitting a deer, falling objects, vandalism and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Shop. Compare. Save.

When trying to cut insurance costs, it’s very important that you do not reduce needed coverages to save money. Too many times, drivers have reduced uninsured motorist or liability limits and discovered at claim time they didn’t purchase enough coverage. The aim is to find the BEST coverage at the best price while not skimping on critical coverages.

Cheaper 1996 BMW 3 Series insurance is definitely available from both online companies and with local insurance agents, so compare prices from both to have the best chance of lowering rates. Some insurance companies do not offer online quoting and these regional insurance providers work with independent agents.

Throughout this article, we presented some good ideas how to shop for insurance online. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from a lesser-known regional company.

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