2013 BMW 3 Series Insurance Quotes

Trying to find better insurance rates for your BMW 3 Series? Purchasing the cheapest insurance on the web is challenging for beginners to shopping for insurance online. With so many companies in the marketplace, how can you effectively compare every one to find the lowest price available?

The quickest way to compare insurance rates from multiple companies is to take advantage of the fact most of the larger companies provide online access to compare rate quotes. The only thing you need to do is provide the companies a bit of rating information including driver ages, your job, marital status, and the year, make and model of vehicles. That information gets transmitted to many different companies and they return cost estimate quickly.

Are you getting all your discounts?

Companies that sell car insurance don’t always advertise every discount very well, so we took the time to find both the well known and the harder-to-find discounts you could be receiving.

  • Accident Forgiveness – A few companies permit an accident without raising rates so long as you haven’t had any claims for a set time period.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off your medical payments premium.
  • Service Members Pay Less – Being deployed with a military unit can result in better rates.
  • Government Employees – Active or retired federal employment can earn a discount up to 10% for 3 Series insurance with a few car insurance companies.
  • Drive Safe and Save – Drivers who don’t get into accidents can pay as much as 50% less for 3 Series insurance than their less cautious counterparts.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in school.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.

A little note about advertised discounts, most discount credits are not given to the entire policy premium. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like adding up those discounts means a free policy, it just doesn’t work that way.

To see a list of companies who offer car insurance discounts, click here.

When might I need an agent?

When buying the best insurance coverage for your personal vehicles, there really is no one size fits all plan. Your needs are not the same as everyone else’s.

For example, these questions can help discover if you might need an agent’s assistance.

  • Are split liability limits better than a combined single limit?
  • Should I rate my 2013 BMW 3 Series as pleasure use or commute?
  • When can my company non-renew my policy?
  • Should I buy additional glass protection?
  • Who is covered by my policy?
  • Do I have any recourse if my insurance company denies a claim?
  • Should I buy full coverage?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

BMW 3 Series rates are in the details

It’s important that you understand the different types of things that help determine your auto insurance rates. Knowing what determines base rates helps enable you to make changes that could result in much lower annual insurance costs.

The following are a few of the “ingredients” that factor into premiums.

  • Rates may be lower depending on your job – Occupations like doctors, business owners and stock brokers have the highest rates due to high stress and lots of time spent at work. On the other hand, occupations such as scientists, students and retirees get better rates for 3 Series insurance.
  • Lower deductibles cost more – Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your BMW from damage. Examples of covered claims could be collision with another vehicle, damage from fire, and windstorm damage. Your deductibles are the amount of money you are willing to pay out-of-pocket before a claim is paid by your company. The higher the amount you’re willing to pay, the less your company will charge you for insurance for 3 Series insurance.
  • Safe vehicles cost less to insure – Vehicles with high crash test scores get lower rates. These vehicles reduce injuries and any reduction in injury severity means lower claim amounts and lower rates for you. If your BMW scored better than four stars on Safercar.gov you are probably receiving a discount.
  • Theft deterrents lower rates – Driving a car with anti-theft technology or alarm system can save you a little every year. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder car theft.
  • Keep rates low by being claim-free – Insurance companies award cheaper rates to drivers who do not rely on their insurance for small claims. If you frequently file small claims, you can pretty much guarantee either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • The more you drive the more you pay – Driving more miles each year the higher your rate. Most insurance companies charge to insure your cars based on their usage. Autos not used for work or commuting get more affordable rates than those used for commuting. Ask your agent if your auto insurance coverage shows the proper vehicle usage. If your policy improperly rates your 3 Series may be wasting your money.

Educate yourself about insurance coverages

Learning about specific coverages of your policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, damage from getting keyed and damage from a tornado or hurricane. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability car insurance

Liability insurance will cover injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU against claims from 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 limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability insurance covers claims such as court costs, medical services, loss of income, repair costs for stationary objects and bail bonds. How much coverage you buy is your choice, but you should buy higher limits if possible.

Auto collision coverage

This will pay to fix damage to your 3 Series from colliding 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 coverage protects against claims like hitting a mailbox, scraping a guard rail, backing into a parked car and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for expenses such as nursing services, X-ray expenses, funeral costs, rehabilitation expenses and ambulance fees. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers

This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your BMW 3 Series.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Buy Smart and Save

As you shop your coverage around, you should never sacrifice coverage to reduce premiums. There are too many instances where an insured cut collision coverage only to regret at claim time that the few dollars in savings costed them thousands. Your focus should be to buy enough coverage for the lowest price.

The cheapest 2013 BMW 3 Series insurance is available both online as well as from independent agents, and you should be comparing both in order to have the best price selection to choose from. Some insurance companies don’t offer online price quotes and these small, regional companies work with independent agents.

In this article, we covered quite a bit of information on how to shop for insurance online. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. You may even find the biggest savings come from a small mutual company.

Additional information can be read at the links below