Save on 1998 BMW 3 Series Car Insurance Rates

Searching for lower car insurance rates for your BMW 3 Series? Did you fall for a flashy sales pitch and buy high-priced car insurance? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out.

Many insurers vie for your hard-earned dollar, so it’s not easy to compare every insurance company and get the best coverage at the cheapest price

It’s a great practice to take a look at other company’s rates periodically due to the fact that insurance rates change frequently. Even if you got the lowest rates for 3 Series insurance a couple years back you can probably find a lower rate today. Starting right now, block out anything you think you know about car insurance because we’re going to show you the fastest and easiest way to properly buy coverages and cut your premium.

If you are paying for car insurance now, you stand a good chance to be able to save some money using this strategy. Choosing the best insurance company for you is easy if you know what you’re doing. Nevertheless, consumers must comprehend how companies price online insurance and take advantage of how the system works.

Don’t pay full price with these discounts

Insurance can be prohibitively expensive, but there could be available discounts that you may not even be aware of. Certain discounts will be applied at the time you complete a quote, but less common discounts must be requested specifically in order for you to get them.

  • Auto/Life Discount – Select insurance companies reward you with lower rates if you buy a life insurance policy as well.
  • Drivers Education – Require your teen driver to enroll in driver’s education if offered at their school.
  • Multiple Cars – Insuring all your vehicles on the same insurance policy qualifies for this discount.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.
  • Accident Forgiveness – Some insurance companies permit an accident without raising rates so long as you haven’t had any claims for a certain period of time.

Drivers should understand that some credits don’t apply to the overall cost of the policy. Most only apply to individual premiums such as comprehensive or collision. Just because you may think you can get free auto insurance, you won’t be that lucky. But all discounts will help reduce your premiums.

Insurance companies that possibly offer these discounts may include but are not limited to:

It’s a good idea to ask all companies you are considering what discounts are available to you. Some discounts may not apply in every state.

The best way to compare car insurance rates is to understand almost all companies allow for online access to quote your coverage. All consumers are required to do is give the companies some data including deductibles desired, driver ages, how much school you completed, and any included safety features. Those rating factors is instantly sent to all major companies and you get price estimates within a short period of time.

To compare rates now, click here then complete the form.

Your personal situation dictates your coverage

When choosing the right insurance coverage, there really is not a “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. For instance, these questions can aid in determining if your situation would benefit from an agent’s advice.

  • What should my uninsured motorist coverage limits be in my state?
  • What vehicles should carry emergency assistance coverage?
  • How much liability insurance is required?
  • Are rock chip repairs covered?
  • Do all my vehicles need collision coverage?
  • Does my medical payments coverage pay my health insurance deductible?
  • Does my insurance cover a custom paint job?
  • Do I need replacement cost coverage?
  • Does coverage extend to my business vehicle?
  • How do I buy GAP insurance?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Auto insurance coverage considerations

Understanding the coverages of your auto insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages found on the average auto insurance policy.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for bills like chiropractic care, X-ray expenses and nursing services. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants and also covers getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Liability – This can cover damages or injuries you inflict on people or other property in an accident. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as attorney fees, emergency aid, bail bonds, medical expenses and funeral expenses. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage – Collision insurance pays for damage to your 3 Series caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a ditch, hitting a parking meter, rolling your car, damaging your car on a curb and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive coverage – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a bird, hail damage, vandalism and a tree branch falling on your vehicle. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage – This protects you and your vehicle from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your BMW 3 Series.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Make an honest buck

The cheapest 1998 BMW 3 Series insurance can be found both online in addition to many insurance agents, so compare prices from both so you have a total pricing picture. Some insurance companies do not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

When shopping online for car insurance, don’t be tempted to buy poor coverage just to save money. In many instances, an insured dropped comprehensive coverage or liability limits and found out when filing a claim that they should have had better coverage. Your focus should be to purchase plenty of coverage at the best price while not skimping on critical coverages.

Throughout this article, we presented many ideas to get a better price on insurance. The key concept to understand is the more you quote, the better chance you’ll have of finding lower rates. Drivers may discover the best price on car insurance is with some of the smallest insurance companies. They may only write in your state and offer lower rates than their larger competitors like State Farm and Allstate.

Additional car insurance information can be read on the following sites: