2016 BMW 3 Series Gran Turismo Insurance Rates

Want better insurance coverage rates for your BMW 3 Series Gran Turismo? Buying discount insurance coverage might seem rather challenging for vehicle owners not familiar with comparing prices over the internet. With dozens of online companies available, how can you efficiently compare all the different companies and get the lowest price?

It’s a good habit to compare prices on a regular basis because prices are variable and change quite frequently. If you had the lowest rate for 3 Series Gran Turismo insurance two years ago a different company probably has better premium rates today. You can find a lot of information about insurance coverage online, but you can learn a bunch of ideas how to lower your insurance coverage rates.

If you are paying for car insurance now, you will be able to save some money using these methods. The purpose of this post is to help you learn how to get online quotes and some tips to save money. Nevertheless, drivers do need to learn the methods companies use to sell insurance online and take advantage of how the system works.

How to get insurance price quotes

There are multiple methods to shop for insurance, and some are less time-consuming than others. You could waste a few hours talking about coverages with insurance companies in your area, or you could use the web to maximize your effort.

Many of the larger companies participate in an industry program where insurance shoppers only type in their quote data once, and every company provides a quote based on that data. This system prevents you from having to do quote forms to each company.

To access this free quoting program, click here to start a free quote.

One minor caviat to comparing rates this way is you don’t know exactly which providers you want to price. So if you prefer to pick specific providers to compare, we put together a list of low cost insurance companies in your area. Click to view list.

Whichever method you choose, be sure to compare apples-to-apples quote information with every price quote. If you compare higher or lower deductibles you can’t possibly make an equal comparison. Having just a slight variation in coverages could throw off the whole comparison. Keep in mind that having more price comparisons will improve the odds of getting more affordable insurance. Not every company allows you to get quotes online, so you also need to get rates from them, too.

Drivers save money with these discounts

Insurance coverage is easily one of your largest bills, but you might be missing out on some discounts that can help lower your rates. Many discounts should be triggered when you complete an application, but once in a while a discount must be asked for before you will receive the discount.

55 and Retired – If you qualify as a senior citizen, you can get better insurance coverage rates for 3 Series Gran Turismo insurance.
Driver Safety – Participating in a course that instructs on driving safety could earn you a small percentage discount and make you a better driver.
Discount for Life Insurance – Some insurance companies give lower insurance coveragerates if you buy some life insurance too.
Renewal Discounts – Select larger companies give a discount for signing up early. This can save 10% or more.
Homeowners Discount – Owning your own home or condo can earn you a little savings since owning and maintaining a home shows financial diligence.
Passive Restraints and Air Bags – Vehicles equipped with air bags can get savings of more than 20%.
Active Service Discounts – Being on active deployment in the military can result in better premium rates.
Anti-theft Discount – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and will qualify for a discount on a insurance quote.
Discount for Multiple Policies – If you insure your home and vehicles with one insurance company you may earn 10% to 20% off each policy.

Don’t be surprised that some credits don’t apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. So when the math indicates having all the discounts means you get insurance for free, companies wouldn’t make money that way.

Auto insurance companies that may include many of the previously listed discounts are:

Check with each company which discounts you may be entitled to. Some of the discounts discussed earlier may not be offered in every state. If you would like to view companies who offer insurance coverage discounts, click this link.

Special considerations

When it comes to choosing the best insurance coverage, there really is not a “best” method to buy coverage. Each situation is unique.

For instance, these questions might help in determining whether you might need professional guidance.

Does my personal policy cover me when driving out-of-state?
Can my babysitter drive my car?
When can my company non-renew my policy?
Is borrowed equipment or tools covered if stolen or damaged?
Am I covered if I drive in a foreign country?
Can I get a multi-policy discount?
Where can I find DUI or SR-22 insurance?
Should I buy more coverage than the required minimum liability coverage?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

Coverage specifics

Learning about specific coverages of your policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Coverage for medical payments

Med pay and PIP coverage pay for immediate expenses like nursing services, rehabilitation expenses, surgery, EMT expenses and hospital visits. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Liability auto insurance

Liability coverage protects you from damage that occurs to people or other property in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

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 policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Some companies may use a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for things like structural damage, loss of income, repair bills for other people’s vehicles and attorney fees. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as fire damage, rock chips in glass and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto collision coverage

This will pay to fix damage to your 3 Series Gran Turismo resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like backing into a parked car, crashing into a building, colliding with a tree and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your BMW 3 Series Gran Turismo.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.