How Much Does 2017 BMW 6 Series Insurance Cost?

No sane person looks forward to paying premiums for car insurance, especially when they know they are paying too much. With drivers having so many companies and agents to choose from, it can be hard to locate the cheapest car insurance provider.

Smart consumers take time to do price comparisons on a regular basis because car insurance prices are rarely the same from one policy term to another. If you had the lowest price on 6 Series insurance a couple years back there is a good chance you can find better rate quotes now. Forget all the misinformation about car insurance because it’s time to teach you the quickest way to properly buy coverages and cut your premium.

Verify you’re receiving every discount

Not too many consumers would say insurance is affordable, but you may qualify for discounts that you may not even be aware of. Some of these disounts will be visible at the time of quoting, but lesser-known reductions have to be specially asked for before you get the savings.

  • Active Service Discounts – Being on active duty in the military may lower your prices slightly.
  • Low Mileage Discounts – Keeping the miles down on your BMW could earn substantially lower insurancerates.
  • Onboard Data Collection – People who choose to allow their company to study their driving habits remotely such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts as long as the data is positive.
  • Government Employee Discount – Active or retired federal employment could cut as much as 10% off on 6 Series insurance depending on your company.
  • No Claim Discounts – Claim-free drivers can earn big discounts when compared to bad drivers.
  • Early Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you can actually save on your bill.
  • Homeowners Savings – Owning a home can save a few bucks because of the fact that having a home is proof that your finances are in order.
  • Theft Deterent Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems help deter theft and earn discounts up to 10% off your car insurance quote.

As a footnote on discounts, most discount credits are not given to the entire policy premium. Most only reduce specific coverage prices like medical payments or collision. Despite the appearance that you could get a free insurance policy, companies don’t profit that way.

Popular insurance companies and a partial list of their discounts are detailed below.

  • Geico may have discounts that include five-year accident-free, federal employee, seat belt use, multi-vehicle, driver training, and emergency military deployment.
  • Travelers discounts include multi-car, save driver, home ownership, IntelliDrive, new car, and good student.
  • Nationwide offers premium reductions for family plan, accident-free, multi-policy, easy pay, business or organization, anti-theft, and defensive driving.
  • Farmers Insurance offers discounts for mature driver, alternative fuel, teen driver, distant student, switch companies, and homeowner.
  • Esurance offers discounts including renters, homeowner, Switch & Save, safety device, multi-car, multi-policy, and anti-theft.
  • State Farm may offer discounts for good driver, defensive driving training, good student, passive restraint, and anti-theft.
  • Progressive may include discounts for online signing, multi-policy, continuous coverage, good student, homeowner, multi-vehicle, and online quote discount.
  • Mercury Insurance includes discounts for anti-theft, professional/association, multi-car, annual mileage, and type of vehicle.

When getting free car insurance quotes, it’s a good idea to each company which discounts you may be entitled to. A few discounts may not be offered in your area. To locate companies that have a full spectrum of discounts, click this link.

When should I discuss my situation with an agent?

When buying the best car insurance coverage, there really is no perfect coverage plan. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that can aid in determining if you would benefit from an agent’s advice.

  • Can I afford to pay high deductible claims out of pocket?
  • Do I need motorclub coverage?
  • Does insurance cover tools stolen from my truck?
  • Am I covered when pulling a rental trailer?
  • When would I need rental car insurance?
  • Should I buy additional glass protection?
  • Am I covered when using my vehicle for business?
  • Am I covered when driving in Canada or Mexico?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Insurance companies are expert advertisers

Consumers can’t get away from all the ads for the lowest price insurance from the likes of Progressive, Geico, Allstate and State Farm. All the ads tend to make the same promise about savings after switching your policy.

How does every insurance company charge you a lower premium? Here is how they do it.

All companies have strict underwriting profiles for the type of driver that is profitable for them. For example, this type of driver might be described as over the age of 45, insures multiple vehicles, and drives a lower-performance vehicle. Anyone who matches that profile will get very good premium rates and is almost guaranteed to save money with a new company.

People who do not meet these standards may be forced to pay a higher rate and the prospect going elsewhere. If you listen to the ad wording, they say “drivers that switch” not “everyone that quotes” save that much. This is how insurance companies can make claims that they all have the best prices. This emphasizes why you absolutely need to get as many free car insurance quotes as possible. You cannot predict with any certainty which company will have the best premium rates at this point in time.

Coverages available on your insurance policy

Understanding the coverages of a insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Insurance terms can be ambiguous and reading a policy is terribly boring. These are the usual coverages found on the average insurance policy.

Medical costs insurance

Med pay and PIP coverage reimburse you for bills for things like dental work, nursing services, EMT expenses and hospital visits. They can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers you and your occupants and also covers getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Liability car insurance

This coverage provides protection from damage that occurs to people or other property by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability can pay for things such as medical expenses, loss of income, attorney fees, bail bonds and legal defense fees. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

UM/UIM Coverage

Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Auto collision coverage

This pays for damage to your 6 Series resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as colliding with a tree, backing into a parked car, rolling your car and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

This covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like falling objects, damage from getting keyed and theft. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

A fool and his money are soon parted

We’ve covered a lot of information how to shop for 2017 BMW 6 Series insurance online. The key thing to remember is the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. You may even find the best price on insurance is with a company that doesn’t do a lot of advertising. Some small companies can often provide lower car insurance rates in certain areas than the large multi-state companies such as Allstate, Geico and Progressive.

Affordable 2017 BMW 6 Series insurance is possible online and from local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance providers may not provide internet price quotes and many times these regional carriers prefer to sell through independent agents.

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