Cheaper 2014 BMW 3 Series Car Insurance Quotes

Trying to find the cheapest auto insurance rates for your BMW 3 Series? Finding lower premiums on auto insurance is always a challenge for consumers not familiar with buying insurance online. You have so many options that it can easily become a big hassle to compare prices.

Finding the best car insurance coverage is not that difficult. In a nutshell, everyone who shops for car insurance stands a good chance to be able to save money. But car owners must comprehend how big insurance companies price insurance differently and take advantage of how the system works.

The quickest method to compare insurance rates in your area is to know the fact most of the larger companies participate in online systems to provide you with a free rate quote. The one thing you need to do is give the companies some data like whether your vehicle is owned or leased, the type of vehicles you drive, if your license is active, and how much school you completed. Those rating factors gets sent immediately to multiple insurance providers and they respond with quotes quickly.

To check rates for your , click here and see if a lower rate is available.

Save $403 a year? Really?

Auto insurance companies such as GEICO, State Farm and Progressive continually stream television and radio advertisements. They all seem to say the same thing about savings after switching your coverage to them. How does each company make almost identical claims? It’s all in the numbers.

Different companies can use profiling for the type of driver that makes them money. A good example of a profitable customer could be a mature driver, is a homeowner, and chooses high deductibles. A customer who matches those parameters gets the lowest rates and most likely will save when switching.

Drivers who are not a match for these standards will be quoted a more expensive rate and this can result in business not being written. The ad wording is “customers who switch” not “people who quote” save that much money. That’s the way insurance companies can advertise the savings.

This emphasizes why drivers should compare as many rates as you can. It is impossible to predict which auto insurance company will have the lowest BMW 3 Series insurance rates.

Cut prices on BMW 3 Series insurance

Car insurance can cost a lot, but companies offer discounts that many people don’t even know exist. A few discounts will automatically apply at the time of purchase, but some must be manually applied in order for you to get them.

  • Homeowners Savings – Owning a house can save you money because maintaining a house is proof that your finances are in order.
  • Low Mileage Discounts – Driving fewer miles can qualify you for a substantially lower rate.
  • 55 and Retired – If you’re over the age of 55, you may receive a discount up to 10% for 3 Series coverage.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
  • Air Bag Discount – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • Student in College – Kids in college who are attending college and do not have access to a covered vehicle may qualify for this discount.

Keep in mind that some credits don’t apply to the entire cost. The majority will only reduce individual premiums such as collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, companies wouldn’t make money that way. Any amount of discount will help reduce the amount you have to pay.

For a list of insurers offering auto insurance discounts, follow this link.

Tailor your coverage to you

When it comes to buying coverage, there isn’t really a single plan that fits everyone. Each situation is unique.

For instance, these questions may help highlight if your situation could use an agent’s help.

  • When can my company non-renew my policy?
  • Should I bundle my homeowners policy with my auto?
  • When should I buy a commercial auto policy?
  • Is my custom paint covered by insurance?
  • How can I get high-risk coverage after a DUI?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Are my friends covered when driving my 2014 BMW 3 Series?
  • What is UM/UIM insurance?
  • Am I better off with higher deductibles on my 2014 BMW 3 Series?
  • Is my nanny covered when driving my vehicle?

If you can’t answer these questions but you know they apply to you then you might want to talk to an agent. If you don’t have a local agent, fill out this quick form.

Educate yourself about auto insurance coverages

Learning about specific coverages of auto insurance can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Liability coverages

This will cover damage that occurs to other’s property or people. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like legal defense fees, attorney fees and bail bonds. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your BMW 3 Series.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Normally these coverages do not exceed the liability coverage limits.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like EMT expenses, doctor visits, X-ray expenses and dental work. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive coverage (or Other than Collision)

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as damage from getting keyed, rock chips in glass, hitting a deer, theft and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision insurance

Collision insurance covers damage to your 3 Series resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as driving through your garage door, colliding with a tree and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

Never pay more for less

Drivers switch companies for a variety of reasons including high rates after DUI convictions, lack of trust in their agent, being labeled a high risk driver and unfair underwriting practices. It doesn’t matter what your reason, finding a new insurance coverage company is actually quite simple.

When buying insurance coverage, do not sacrifice coverage to reduce premiums. Too many times, someone sacrificed physical damage coverage only to find out that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible at an affordable rate.

You just learned a lot of ways to save on 2014 BMW 3 Series insurance. The key concept to understand is the more quotes you get, the higher the chance of saving money. Consumers may even find the best price on insurance coverage is with a smaller regional carrier.

Additional insurance coverage information is available on the following sites: