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BMW 1 Series Insurance Rates

There are many options when buying insurance for your BMW vehicle. You can either buy through an agent or get quotes online to compare insurance costs of car insurance companies. Shopping for auto insurance from online rate quotes saves time, is easy to do and there is a good chance you can save money.

Comparing auto insurance rates direct online can be a challenge if you are a beginner to quoting online. But don't be discouraged because it's actually quite easy. Finding lower 1 Series insurance cost doesn't have to be difficult. You just have to spend a little time getting comparison quotes online from several insurance companies. This is very easy and can be done by getting a quick quote here.

Car insurance premiums on a BMW 1 Series can be significantly different and are calculated by many factors. Some of these factors include:

  • High performance increases premiums
  • How many accidents you have had
  • Whether you insure your home with the same company
  • Pleasure use vs. commuting use
  • Extra coverages like towing and rental
  • Your claim history
  • Having current coverage saves
  • Whether you own your home

An additional factor that will help determine 1 Series insurance rates is the year of the vehicle. Models that are new have a higher replacement value than older models so the costs to repair may end up costing you more. On the flip side, newer models may have safety features like adaptive cruise control, anti-lock brakes, and active head restraints that may help help offset higher rates.

For you to have a better understanding of how much rates will be for your vehicle, select the year of your 1 Series below.

Liability insurance - This protects you from damage that occurs to people or other property by causing an accident. Liability coverage protects against things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so you should buy as large an amount as possible.

Collision coverage - Collision coverage pays for damage to your BMW resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 1 Series can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to get cheaper 1 Series insurance rates.

Comprehensive protection - This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage. The highest amount you'll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical expense coverage - Med pay and PIP coverage kick in for short-term medical expenses such as nursing services, prosthetic devices, and dental work. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. PIP coverage is not available in all states and may carry a deductible.

How Much are BMW 1 Series Insurance Rates?