How Much Does 2005 BMW 3 Series Car Insurance Cost?

Sick and tired of being strong-armed to insure your BMW every month? You’re in the same situation as many other drivers.

Numerous auto insurance companies battle for your business, so it can be very hard to choose a provider to get the lowest price

Smart consumers take time to compare rates yearly due to the fact that insurance rates change regularly. Despite the fact that you may have had the best deal on 3 Series coverage a year ago the chances are good that you can find a lower rate today. Starting right now, forget all the misinformation about car insurance because you’re going to learn the best methods to save on car insurance.

The method we recommend to compare insurance rates from multiple companies utilizes the fact almost all companies actually pay money for the chance to give rate comparisons. To get started, all you need to do is provide information like whether or not you need a SR-22, what your job is, level of coverage desired, and the make and model of your vehicles. Your details is automatically sent to many of the top insurers and they return quotes immediately.

To compare multiple company rates now, click here and complete the form.

Save on 2005 BMW 3 Series insurance

Companies that sell car insurance do not advertise every available discount very well, so the following is a list of some of the best known as well as the least known savings tricks you should be using.

Accident Free – Drivers with accident-free driving histories pay less compared to bad drivers.
Drivers Education – Have your child complete a driver education course in school.
Multiple Cars – Insuring all your vehicles on one policy can get a discount on all vehicles.
Discount for Good Grades – This discount can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
Lower Rates for Military – Having a deployed family member can result in better rates.

A little note about advertised discounts, most credits do not apply to the overall cost of the policy. Most only cut specific coverage prices like collision or personal injury protection. So even though it sounds like you can get free auto insurance, it just doesn’t work that way.

To see a list of providers offering insurance coverage discounts, click here to view.

Tailor your coverage to you

When buying the right insurance coverage for your personal vehicles, there is no cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions could help you determine if your insurance needs will benefit from professional help.

Do I need higher collision deductibles?
What should my uninsured motorist coverage limits be in my state?
What is covered by UM/UIM coverage?
What if I total my 2005 BMW 3 Series and owe more than it’s worth?
Are all vehicle passengers covered by medical payments coverage?
What companies insure drivers after a DUI or DWI?
Why is insurance for a teen driver so high?
Should I have combined single limit or split liability limits?
Do I need replacement cost coverage?
Does my personal policy cover me when driving out-of-state?

If you can’t answer these questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.

Insurance coverages explained

Learning about specific coverages of a insurance policy can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are the usual coverages offered by insurance companies.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like doctor visits, surgery, ambulance fees and EMT expenses. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Liability coverage

This coverage can cover damage or injury you incur to a person or their property in an accident. It protects YOU against claims from other people, 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. You commonly see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims like pain and suffering, repair bills for other people’s vehicles and emergency aid. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Comprehensive coverages

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from getting keyed, falling objects, vandalism and hitting a deer. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like scraping a guard rail, colliding with a tree, colliding with another moving vehicle, hitting a mailbox and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to save money on collision insurance.