Cheaper 2017 BMW 3 Series Insurance Cost

Trying to find lower auto insurance rates for your BMW 3 Series? Are you a victim of high-priced auto insurance? Say no more because many consumers feel financially strained by their auto insurance policy.

With so many insurance companies to choose from, it is hard for the average consumer to choose the most cost effective auto insurance provider.

Buying car insurance is not rocket science. Basically, anyone who has to buy insurance will more than likely be able to find lower rates. But consumers must learn the way insurance companies price online insurance and use this information to your advantage.

Compare insurance coverage rate quotes online

There are several ways of comparing rate quotes from local insurance coverage companies. The recommended way to find affordable 2017 BMW 3 Series insurance rates is to jump online and get quotes. This is very easy and can be done using a couple different methods.

One of the simplest ways to get quotes for comparison is a comparison rater form like this one (opens in new window). This form eliminates the need for multiple quote forms for each price estimate. Just one form will get you price quotes from many national carriers.

A more difficult way to get quotes online requires a visit to each company website and go through the quote process again. For examples sake, we’ll pretend you want to compare prices for Farmers, Safeco and Allstate. You would need to visit each site and repeatedly enter your information, which explains why we recommend starting with the first method.

For a list of links to insurance companies in your area, click here.

The last way to shop rates is to drive around to each insurance agency near you. Doing it all online eliminates the middleman unless you have a need for the guidance of a local agency. It is possible to find lower rates online and still use a local agent.

You can choose any of those ways to find more affodable coverage, but try to use the same coverages and limits with each company. If the quotes have different limits and deductibles on each one you will not be able to make a fair rate comparison. Slightly different coverage limits could mean much higher rates. Just keep in mind that comparing a wide range of rates will increase your chances of finding lower pricing.

Car Insurance Discounts

Some providers don’t always advertise all their discounts in a way that’s easy to find, so the list below gives a summary of a few of the more well known and also the more inconspicuous credits available to you.

  • Drive Safe and Save – Insureds without accidents may receive a discount up to 45% for 3 Series coverage compared to accident prone drivers.
  • More Vehicles More Savings – Purchasing coverage when you have more than one vehicle with one company could earn a price break for each car.
  • Online Discount – Some larger companies may give you up to $50 shop insurance on their website.
  • Discount for Multiple Policies – When you combine your home and auto insurance with the same company you will save 10% to 20% off each policy.
  • Federal Employees – Federal government employees may reduce rates when you quote insurance for 3 Series coverage with some car insurance companies.
  • No Accidents – Drivers who stay claim-free can save substantially when compared to drivers who are more careless.
  • Payment Method – If you pay your entire premium ahead of time rather than spreading payments over time you may have a lower total premium amount.
  • Theft Deterent System – Anti-theft and alarm system equipped vehicles prevent vehicle theft and qualify for as much as a 10% discount.
  • Distant Student – Children who attend college more than 100 miles from home and do not have a car may be insured at a cheaper rate.
  • Lower Rates for Military – Being deployed with a military unit could be rewarded with lower rates.

As is typical with insurance, most discounts do not apply to all coverage premiums. Most only cut individual premiums such as liability and collision coverage. Just because it seems like all the discounts add up to a free policy, that’s just not realistic.

Car insurance companies who might offer some of the discounts shown above possibly include:

Before purchasing a policy, check with each insurance company how many discounts you can get. All car insurance discounts might not apply in every state. For a list of car insurance companies that have a full spectrum of discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to choosing coverage for your vehicles, there is no cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions may help highlight whether your personal situation could use an agent’s help.

  • Why do I need rental car insurance?
  • Are all vehicle passengers covered by medical payments coverage?
  • Should I have combined single limit or split liability limits?
  • I don’t drive much so do I pay less?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I need medical payments coverage since I have good health insurance?
  • Can I drive in Mexico and have coverage?
  • When does my teenage driver need to be added to my policy?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.

Auto insurance policy coverages for a BMW 3 Series

Understanding the coverages of your policy helps when choosing which coverages you need and proper limits and deductibles. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages available from auto insurance companies.

Collision coverage – Collision insurance pays for damage to your 3 Series from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as crashing into a ditch, scraping a guard rail, sustaining damage from a pot hole, 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. It’s also possible to raise the deductible to get cheaper collision coverage.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like chiropractic care, surgery, funeral costs, dental work and pain medications. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Comprehensive protection – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like hitting a bird, a tree branch falling on your vehicle and fire damage. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability insurance – Liability insurance will cover damage or injury you incur to people or other property that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims like bail bonds, legal defense fees, medical expenses, attorney fees and repair costs for stationary objects. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.

Uninsured or underinsured coverage – This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2017 BMW 3 Series.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.