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BMW 2 Series Insurance Quotes

Finding cheaper auto insurance by quoting online is easy, in addition you might just save a little. The key is getting rates from as many companies as possible in order to have every possible rate.

Consumers who are new to the process of comparing rates may think shopping for cut-rate 2 Series insurance is hard. Reducing your 2 Series insurance cost is a fairly straight forward process. All that's required is to spend a few minutes on the computer to get quotes from different insurance companies. It is quite easy and can be accomplished by comparing rates here.

Criteria which help determine your insurance rates

Auto insurance rates for your BMW 2 Series can be significantly different based upon several criteria. A few of these criteria are:

  • Your driving record
  • Better credit means lower rates
  • The size of your community
  • High miles vs. low miles
  • Male rates may be higher
  • Deductible amount directly impacts your rate
  • NTSB crash rating for your vehicle
  • Claims drive up premiums
  • No coverage lapses saves money
  • Owning a home can lower rates

A final factor which can affect 2 Series insurance quotes is the model year. Newer models have a higher actual cash value in comparison to later models so repair costs are higher which may end up costing you more. Conversely, newer vehicles may have a trim level with safety features such as dual-stage airbags, sideview assist mirrors, and active head restraints that may help lower rates.

To get a better idea how rates are influenced for your specific model year, select the year of your vehicle from the following list.

Liability coverages

Liability insurance can cover injuries or damage you cause to other's property or people that is your fault. Liability coverage protects against claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so consider buying as large an amount as possible.

Collision coverage protection

This covers damage to your BMW resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also bump up the deductible to bring the cost down.

Comprehensive coverages

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by your BMW 2 Series comprehensive insurance. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle's occupants from other drivers when they either are underinsured or have no liability coverage at all. Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for bills (i.e. ambulance fees, surgery, and doctor visits). They are often utilized in addition to your health insurance policy or if you do not have health coverage. PIP is not an option in every state and gives slightly broader coverage than med pay.

How Much are BMW 2 Series Insurance Rates?