2015 BMW 3 Series Insurance Rates – 9 Discounts for Cheapest Quotes

Looking for cheaper car insurance rates for your BMW 3 Series? Nobody looks forward to paying for car insurance, especially knowing the price is too high. You have multiple auto insurance companies to buy insurance from, and although it’s a good thing to have a selection, it can be more challenging to compare rates and cut insurance costs.

Choosing the best insurance company for you is not that difficult. If you have insurance now or are shopping for new coverage, you can use these tips to reduce the price you pay and possibly find even better coverage. Drivers just need to know the most effective way to compare company rates on the web.

Don’t miss out on these nine money-saving discounts

Auto insurance companies don’t always publicize all their discounts in a way that’s easy to find, so we took the time to find some of the best known and the harder-to-find discounts you could be receiving. If you aren’t receiving every discount you qualify for, you are paying more than you should be.

  • Save with a New Car – Adding a new car to your policy can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • College Student – Any of your kids who attend school more than 100 miles from home and do not have a car may be able to be covered for less.
  • Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Organization Discounts – Participating in a qualifying organization is a good way to get lower rates on insurance on 3 Series insurance.
  • Military Discounts – Having a deployed family member could be rewarded with lower premiums.
  • Low Mileage Discounts – Driving fewer miles could qualify for discounted rates on garaged vehicles.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts may earn rate discounts up to 30%.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to buckle their seat belts could save 15% off your medical payments premium.
  • Safety Course Discount – Completing a course in driver safety can save you 5% or more depending on where you live.

It’s important to note that some credits don’t apply to your bottom line cost. A few only apply to the price of certain insurance coverages like comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, insurance companies aren’t that generous.

To see a list of companies who offer insurance discounts, follow this link.

Do I need special coverages?

When it comes to choosing proper insurance coverage, there really is not a best way to insure your cars. Everyone’s needs are different so your insurance needs to address that. For instance, these questions could help you determine if your situation may require specific advice.

  • Am I covered by my spouse’s policy after a separation?
  • What is the ISO rating for a 2015 BMW 3 Series?
  • Do I need replacement cost coverage?
  • What if I total my 2015 BMW 3 Series and owe more than it’s worth?
  • How can I get high-risk coverage after a DUI?
  • How high should deductibles be on a 2015 BMW 3 Series?
  • Why am I required to buy high-risk coverage?
  • Am I covered if I crash into my own garage door?
  • Should I file a claim if it’s only slightly more than my deductible?
  • What are the best liability limits?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It is quick, free and can help protect your family.

Are car insurance companies telling the truth?

Consumers get pounded daily by advertisements for cheaper car insurance from the likes of Allstate and Progressive. They all have a common claim that you can save if you move your coverage to them.

How can each company make the same claim?

All companies have a certain “appetite” for the type of driver that earns them a profit. An example of a desirable insured might be over the age of 40, has no driving citations, and has excellent credit. Any new insured that hits that “sweet spot” will qualify for the lowest rates and therefore will save a lot of money.

Potential customers who fall outside these standards will be quoted higher rates and ends up with business not being written. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that much. This is how companies can truthfully advertise the savings. This emphasizes why it’s extremely important to compare as many rates as you can. It’s not possible to predict which insurance companies will provide you with the cheapest BMW 3 Series insurance rates.

Insurance coverages 101

Understanding the coverages of a insurance policy can be of help when determining the best coverages for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages found on most insurance policies.

Collision coverages – This coverage covers damage to your 3 Series from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with another moving vehicle, hitting a mailbox and rolling your car. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

Auto liability insurance – Liability insurance will cover damages or injuries you inflict on other people or property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability coverage protects against things such as funeral expenses, bail bonds, structural damage and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Uninsured/Underinsured Motorist coverage – This gives you protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your BMW 3 Series.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive coverage – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from flooding, a broken windshield, falling objects, a tree branch falling on your vehicle and damage from a tornado or hurricane. The most your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like rehabilitation expenses, X-ray expenses, funeral costs, prosthetic devices and surgery. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

In any little way, save everyday

In this article, we presented a lot of techniques to shop for 2015 BMW 3 Series insurance online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. Consumers could even find that the best price on insurance is with a lesser-known regional company. Some small companies can often provide lower rates in certain areas as compared to the big name companies such as State Farm and Allstate.

As you prepare to switch companies, do not buy poor coverage just to save money. In many cases, an insured dropped liability limits or collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

For more information, link through to these articles: