Scraping up a payment for overpriced BMW 3 Series insurance can overdraw your personal savings and force you to make sacrifices. Comparison shopping is free, only takes a few minutes, and is a good way to cut your insurance bill.
Online insurance companies like State Farm and GEICO persitently shower you with catchy ads and it is difficult to see through the cute green geckos and mayhem and take the time to shop coverage around.
You should make it a habit to get comparison quotes quite often since insurance rates go up and down regularly. Even if you got the lowest rates for 3 Series insurance a year ago you can probably find a better price now. So ignore everything you know about insurance because I’m going to teach you how to quote online to save money, get proper coverage and the best rates.
The quickest way to compare policy rates is to know the trick most insurance companies have advanced systems to compare rate quotes. All consumers are required to do is provide information like your occupation, your credit rating estimate, if you require a SR-22, and the make and model of your vehicles. The data is sent automatically to multiple different insurance companies and they return quotes immediately.
To start a quote now, click here and enter your zip code.
Car insurance companies do not advertise every discount in a way that’s easy to find, so we took the time to find some of the more common and the harder-to-find ways to save on car insurance.
A little note about advertised discounts, many deductions do not apply to the entire cost. Most cut the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears all those discounts means the company will pay you, car insurance companies aren’t that generous.
Insurance companies that may offer these discounts include:
Before buying, ask every prospective company what discounts are available to you. All car insurance discounts might not apply in your state.
When buying adequate coverage for your vehicles, there is no cookie cutter policy. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions can aid in determining whether or not you would benefit from an agent’s advice.
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier
Having a good grasp of your policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and coverage can change by endorsement. These are typical coverage types found on most insurance policies.
Collision coverage – This coverage will pay to fix damage to your 3 Series caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like crashing into a building, driving through your garage door, scraping a guard rail, hitting a parking meter and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.
Liability – This coverage protects you from damages or injuries you inflict on a person or their property that is your fault. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.
Liability can pay for things such as legal defense fees, medical expenses, attorney fees and loss of income. How much liability should you purchase? That is a personal decision, but buy as high a limit as you can afford.
Comprehensive auto coverage – This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive can pay for claims such as falling objects, fire damage, a broken windshield and theft. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Medical payments and PIP coverage – Coverage for medical payments and/or PIP kick in for expenses for X-ray expenses, chiropractic care and nursing services. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
We just covered some good ideas how you can reduce 2013 BMW 3 Series insurance prices online. The key concept to understand is the more companies you get rates for, the better likelihood of reducing your rate. Consumers may even find the lowest rates come from the least-expected company. Regional companies can often provide lower rates in certain areas than their larger competitors like State Farm, GEICO and Nationwide.
As you go through the steps to switch your coverage, it’s not a good idea to reduce coverage to reduce premium. Too many times, someone dropped comprehensive coverage or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible at the best price, not the least amount of coverage.