2015 BMW Z4 Car Insurance Quotes

Nobody I know likes paying for car insurance, especially knowing the cost is too high.

You have so many auto insurance companies to choose from, and even though it’s nice to be able to choose, so many choices can make it hard to locate the cheapest rates.

Automobile Insurance Quotes

There are a variety of methods to compare 2015 BMW Z4 insurance prices but some are easier and takes less work. You could waste time driving to insurance companies in your area, or you can stay home and use the internet to get pricing more quickly.

Many companies participate in a marketplace that enables customers to submit one quote, and each participating company provides a quote. This prevents consumers from doing quote forms for each company you want a rate for.

To compare pricing click here to open in new window.

One minor caviat to getting quotes like this is buyers cannot specifically choose which companies to get quotes from. So if you prefer to choose specific providers to compare rates, we put together a list of the cheapest insurance companies in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just ensure you’re using exactly the same information on every quote you get. If each company quotes unequal deductibles or liability limits you will not be able to determine which rate is truly the best. Just a small difference in insurance coverages can result in a big premium difference. It’s important to know that more quotes provides better odds of finding the best price.

Pay less by taking advantage of discounts

Companies offering auto insurance do not advertise every available discount in an easy-to-find place, so we break down both well-publicized and also the lesser-known savings tricks you should be using.

  • Low Mileage – Keeping the miles down on your BMW can earn lower rates on the low mileage vehicles.
  • Early Switch Discount – Some companies give discounts for buying a policy before your current expiration date. It’s a savings of about 10%.
  • Homeowners Discount – Being a homeowner may earn you a small savings because of the fact that having a home shows financial diligence.
  • New Vehicle Savings – Insuring a new car is cheaper since new cars are generally safer.
  • Government Employees – Employees or retirees of the government can earn a discount up to 10% for Z4 insurance with certain companies.
  • Paperwork-free – A handful of insurance companies will give a small break for buying your policy on their website.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Auto/Home Discount – If you have multiple policies with one company you will save up to 20% off your total premium.
  • Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for better auto insurance rates for Z4 insurance.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt can save 10% or more off your medical payments premium.

Keep in mind that some of the credits will not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like all those discounts means the company will pay you, companies wouldn’t make money that way.

Car insurance companies who might offer these discounts include:

Check with each company which discounts they offer. Discounts may not be available everywhere.

Why you might be paying too much to insure your BMW Z4

It’s important that you understand some of the elements that come into play when calculating your car insurance rates. Understanding what impacts premium levels allows you to make educated decisions that could result in better car insurance rates.

The list below includes some of the items companies use to determine premiums.

  • Traffic citations inflate rates – Your driving citation history has a big impact on rates. Just one speeding ticket can increase rates forty percent or more. Good drivers receive lower rates compared to drivers with tickets. Drivers who have flagrant citations such as DWI, reckless driving or hit and run convictions may need to submit a SR-22 form with their state DMV in order to keep their license.
  • Being married is a good thing – Being married can actually save you money on your car insurance policy. Having a significant other usually means you are more mature and responsible and it’s statistically proven that drivers who are married are more cautious.
  • Your car insurance rates can be influenced by your job – Occupations such as lawyers, social workers and financial analysts are shown to have higher average rates because of high stress and long work hours. Conversely, occupations like pilots, engineers and retirees pay the least for Z4 insurance.
  • How many coverages with the same company – Most insurers will award you with lower prices to people who buy several policies from them in the form of a multi-policy discount. Even though this discount sounds good, it’s still a good idea to compare rates to ensure the best deal.
  • Never go without insurance – Driving without insurance can get your license suspended and your next policy will cost more because you let your insurance expire. And not only will insurance be more expensive, but being ticketed for driving with no insurance will get you a steep fine or even jail time.Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state DMV.
  • Liability coverage is peace of mind – Liability insurance will protect you if you are found to be at fault for personal injury or accident damage. Liability insurance provides you with a defense in court which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
  • Older drivers pay less – Teenage drivers tend to be careless and easily distracted in a vehicle so they pay higher car insurance rates. Mature drivers are more cautious drivers, statistically cause fewer accidents and get fewer tickets.
  • Better credit scores mean better rates – A driver’s credit history is a large factor in your rate calculation. If your credit history is not that good, you could potentially save money when insuring your 2015 BMW Z4 by improving your rating. Drivers who have excellent credit tend to be better drivers and file fewer claims than those with lower credit scores.

Your coverage should be tailored to you

When it comes to choosing the right insurance coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions may help highlight if your insurance needs would benefit from professional advice.

  • Is my trailer covered?
  • Is my camper covered by my car insurance policy?
  • What is the rate difference between pleasure use and commuting?
  • Do I need PIP coverage since I have good health insurance?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is my cargo covered for damage or theft?
  • Exactly who is provided coverage by my policy?
  • Does insurance cover damages from a DUI accident?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of car insurance companies in your area.

Ads can be misleading

Insurance coverage providers like Geico, State Farm and Progressive regularly use ads on TV and radio. They all say the same thing of big savings if you move to them. But how can every company claim to save you money? This is how they do it.

All the different companies are able to cherry pick for the right customer they prefer to insure. A good example of a profitable customer might be a mature driver, is a homeowner, and drives less than 7,500 miles a year. Any driver who matches those parameters will get the preferred rates and therefore will cut their rates substantially.

Consumers who don’t qualify for the “perfect” profile must pay higher rates which usually ends up with business going elsewhere. The ad wording is “customers that switch” not “everybody who quotes” save money. That is how companies can truthfully advertise the way they do. This illustrates why you should get a wide range of price quotes. You cannot predict which company will give you the biggest savings on BMW Z4 insurance.

Car insurance coverages for a 2015 BMW Z4

Knowing the specifics of car insurance aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and reading a policy is terribly boring. These are typical coverages found on the average car insurance policy.

Liability coverages

This provides protection from damage or injury you incur to people or other property that is your fault. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims like structural damage, medical services, loss of income and emergency aid. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your BMW Z4.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive car insurance

This pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like fire damage, damage from a tornado or hurricane, a broken windshield, vandalism and falling objects. The highest amount a car insurance company will pay at claim time 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.

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as sustaining damage from a pot hole, colliding with a tree, colliding with another moving vehicle and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for short-term medical expenses like rehabilitation expenses, pain medications, funeral costs and prosthetic devices. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Save your cold hard cash

Lower-priced 2015 BMW Z4 insurance can be bought online in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not provide online quoting and usually these smaller companies provide coverage only through local independent agents.

We just presented quite a bit of information on how to save on insurance. The key concept to understand is the more companies you get rates for, the better your chances of lowering your rates. Consumers may even find the most savings is with a smaller regional carrier. Some small companies may only write in your state and offer lower rates than the large multi-state companies such as Progressive and Geico.

Additional car insurance information is available at the links below