View 2000 BMW 3 Series Car Insurance Quotes

Trying to find lower insurance coverage rates for your BMW 3 Series? Feel like you’re a prisoner to high-priced insurance coverage? Trust us, there are a lot of people just like you who feel imprisoned by their insurance coverage policy. Consumers have many insurance companies to buy insurance from, and although it’s a good thing to be able to choose, too many choices makes it more difficult to compare rates and cut insurance costs.

Save big with these discounts

Companies that sell car insurance do not advertise every discount very clearly, so we break down some of the best known and the harder-to-find car insurance savings. If you’re not getting every credit available, you are throwing money away.

  • Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for reduced rates on 3 Series coverage.
  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can receive discounts of up to 25% or more.
  • Accident Free – Claim-free drivers pay less as compared to bad drivers.
  • Clubs and Organizations – Belonging to a civic or occupational organization may earn a discount on car insurance on 3 Series coverage.
  • No Charge for an Accident – A few companies permit an accident before your rates go up so long as you haven’t had any claims for a set time period.
  • Low Mileage Discounts – Fewer annual miles on your BMW can qualify you for a substantially lower rate.
  • Seat Belts Save – Drivers who require all occupants to buckle their seat belts could save 15% on the medical payments or PIP coverage costs.

Keep in mind that some credits don’t apply to the overall cost of the policy. Most only apply to individual premiums such as comp or med pay. Even though it may seem like all those discounts means the company will pay you, it just doesn’t work that way.

Insurance companies that possibly offer these money-saving discounts are:

Before buying, ask all companies you are considering which discounts they offer. Savings might not apply in your area.

How to Get Auto Insurance

There are a lot of ways to compare auto insurance prices but one way is more efficient than others. You can spend your afternoon talking to local insurance agents in your area, or you could save time and use online quoting to get prices fast.

Many of the larger companies participate in a marketplace that allows shoppers to submit one quote, and at least one company returns a rated price for coverage. This eliminates the need for quote forms to each individual auto insurance company.

To submit your quote information now, click to open in new window.

One minor caviat to comparing rates this way is that you can’t choose which carriers to get pricing from. So if you prefer to choose individual companies to receive pricing from, we put together a list of the cheapest auto insurance companies in your area. Click here to view list.

Which method you use is up to you, but ensure you’re using exactly the same coverages and limits with each company. If you enter unequal deductibles or liability limits it’s not possible to determine which rate is truly the best.

BMW 3 Series rates influenced by many factors

An important part of buying insurance is that you know some of the elements that go into determining your insurance rates. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that could result in better insurance rates.

Listed below are some of the factors used by your company to calculate premiums.

  • Bad driving skills means higher rates – Whether or not you get tickets has a lot to do with how much you pay for insurance. Only having one speeding ticket may increase your cost by twenty percent. Drivers with clean records receive lower rates than bad drivers. Drivers with serious tickets such as hit and run, DWI or reckless driving convictions are required to file a SR-22 with the DMV in their state in order to continue driving.
  • Do you know your deductibles? – Your deductibles represent how much money you are required to spend out-of-pocket if you file a covered claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. A few examples of covered claims would be colliding with a building, vandalism, or theft. The higher the amount you have to pay, the less your insurance will be on 3 Series coverage.
  • High numbers of claims are not good – Insurance companies award discounts to policyholders who do not rely on their insurance for small claims. If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Car insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Bundling policies can get discounts – Most companies provide better rates to insureds who carry more than one policy such as combining an auto and homeowners policy. Discounts can add up to anywhere from five to ten percent in most cases. Even if you’re getting this discount you still need to comparison shop to verify if the discount is saving money. You may still be able to find better rates by insuring with multiple companies.
  • Your occupation can affect rates – Did you know your occupation can influence how much you pay for insurance? Jobs such as doctors, architects and financial analysts are shown to have higher average rates in part from stressful work requirements and lots of time spent at work. Conversely, professions such as pilots, engineers and performers pay the least on 3 Series coverage.
  • Better credit means lower rates – Credit rating is a huge factor in your rate calculation. People with excellent credit tend to be more responsible than those with lower ratings. If your credit score can use some improvement, you could be paying less to insure your 2000 BMW 3 Series by spending a little time repairing your credit.
  • Women pay lower rates – The statistics show women are more cautious behind the wheel. Now that doesn’t mean women are BETTER drivers than men. They both are in accidents at a similar rate, but the men tend to have more serious accidents. Men also statistically get more serious tickets such as reckless driving.
  • Liability insurance protects assets – Your policy’s liability coverage provides coverage when a jury decides you are liable for causing damage or personal injury in an accident. It will provide legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so do not skimp.

But I don’t know anything about car insurance

When it comes to buying proper insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help you determine whether or not you will benefit from professional help.

  • Will my insurance pay for OEM parts?
  • Do I have coverage for damage caused while driving under the influence?
  • Is my BMW 3 Series covered if I use it for business?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Is a blown tire covered by insurance?
  • What is covered by UM/UIM coverage?
  • I have a DUI can I still get coverage?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Can I make deliveries for my home business?

If you can’t answer these questions but you know they apply to you then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area. It is quick, free and you can get the answers you need.

Insurance coverages explained

Knowing the specifics of insurance can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverages offered by insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your BMW 3 Series.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive auto coverage

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from flooding, a tree branch falling on your vehicle and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage

This will pay to fix damage to your 3 Series resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like backing into a parked car, sideswiping another vehicle, crashing into a building and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like rehabilitation expenses, EMT expenses, surgery and pain medications. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage


This protects you from damage or injury you incur to people or other property by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims like repair bills for other people’s vehicles, funeral expenses, pain and suffering and loss of income. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Buy Smart and Save

We’ve covered a lot of ways to shop for 2000 BMW 3 Series insurance online. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers could even find that the lowest premiums are with a lesser-known regional company. Regional companies may only write in your state and offer lower rates than their larger competitors like State Farm and Allstate.

As you restructure your insurance plan, you should never reduce needed coverages to save money. In many instances, an accident victim reduced collision coverage only to find out that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

Affordable insurance can be sourced online as well as from independent agents, and you should compare price quotes from both to have the best chance of lowering rates. Some auto insurance companies don’t offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

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