2014 BMW 4 Series Insurance Quotes – 6 Ideas for Best Rates

Searching for cheaper car insurance rates for your BMW 4 Series? Nobody I know looks forward to buying car insurance, especially knowing their premiums are through the roof.

There are many car insurance companies to pick from, and although it’s nice to have a selection, it can be more challenging to find a good deal.

It is always a good idea to check car insurance prices quite often because rates change quite often. Just because you found the best rates for 4 Series coverage a couple years back you may be paying too much now. Starting right now, block out anything you think you know about car insurance because you’re going to get a crash course in the things you must know in order to reduce your cost while increasing coverage.

Buying car insurance is quite easy. Basically, anyone who is shopping for auto insurance will most likely be able to lower their premiums. Although drivers can benefit from knowing how companies market insurance on the web and use this information to your advantage.

Lots of discounts mean lots of savings

Companies don’t necessarily list every discount very well, so we researched some of the more common and also the lesser-known discounts you could be receiving.

  • Passive Restraint Discount – Cars that have air bags or automatic seat belts can receive discounts of up to 25% or more.
  • Multi-car Discount – Insuring more than one vehicle on one policy may reduce the rate for each vehicle.
  • Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates for 4 Series coverage than their less cautious counterparts.
  • Anti-theft Discount – Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
  • Fewer Miles Equal More Savings – Driving fewer miles can earn lower rates on the low mileage vehicles.
  • Auto/Home Discount – When you combine your home and auto insurance with the same insurance company you may earn up to 20% off your total premium.

It’s important to note that some credits don’t apply to the entire policy premium. Some only apply to the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like it’s possible to get free car insurance, you won’t be that lucky.

For a list of insurers with the best insurance coverage discounts, click here.

Situations that might require an agent

When buying proper insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is unique so your insurance needs to address that. For instance, these questions could help you determine if your situation would benefit from an agent’s advice.

  • Exactly who is provided coverage by my policy?
  • Can I get a multi-policy discount?
  • Can my babysitter drive my car?
  • Are all vehicle passengers covered by medical payments coverage?
  • Will my insurance pay for OEM parts?
  • What should my uninsured motorist coverage limits be in my state?
  • Do I need higher collision deductibles?
  • Am I covered if I hit my neighbor’s mailbox?

If you don’t know the answers to these questions then you might want to talk to 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

Buyer beware of auto insurance advertising tricks

Progressive, Geico, Allstate and State Farm constantly bombard you with ads on TV and radio. All the companies make an identical promise that you can save if you switch your coverage to them. How do they all claim to save you money? This is how they do it.

All the different companies can use profiling for the type of customer that is profitable for them. A good example of a profitable customer might be profiled as between 25 and 40, has no prior claims, and chooses high deductibles. Any new insured who matches those parameters will get the preferred rates and most likely will save quite a bit of money when switching.

Potential insureds who don’t meet the requirements will be quoted a more expensive rate which usually ends up with the customer not buying. The ads state “drivers who switch” not “people who quote” save that much money. That’s why companies can truthfully advertise the way they do. This emphasizes why you should quote coverage with many companies. You cannot predict which auto insurance company will provide you with the cheapest BMW 4 Series insurance rates.

Insurance coverage basics

Understanding the coverages of insurance aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages found on most insurance policies.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your BMW 4 Series.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Auto liability insurance

This protects you from injuries or damage you cause to other people or property by causing an accident. 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. As an example, you may have liability limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for claims such as attorney fees, court costs and repair costs for stationary objects. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive (Other than Collision)

This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hail damage, hitting a deer and falling objects. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision insurance

This coverage pays for damage to your 4 Series from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as sideswiping another vehicle, backing into a parked car, hitting a mailbox, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for immediate expenses like doctor visits, hospital visits, dental work, ambulance fees and funeral costs. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

More quotes mean more savings

Cost effective 2014 BMW 4 Series insurance is definitely available from both online companies and also from your neighborhood agents, so compare prices from both to have the best selection. Some insurance companies may not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

As you shop your coverage around, it’s not a good idea to skimp on coverage in order to save money. There are too many instances where drivers have reduced liability coverage limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to buy a smart amount of coverage at the best price while not skimping on critical coverages.

Additional insurance information can be read at these links: