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BMW 1 Series Insurance Rates

Shopping for auto insurance on the web saves time, is easy to do and at the same time you may find lower rates. The key to finding lower rates is getting as many rate quotes as possible in order to have the cheapest rate quotes.

Comparing auto insurance rates direct online is challenging if you are a beginner to quoting online. But don't let that discourage you because we're going to show you how. Finding lower 1 Series insurance cost isn't really that difficult. You just have to spend a little time to compare quotes online from several insurance companies. This is very easy and can be done by comparing rates here.

What factors determine car insurance premiums?

Insurance premiums for a BMW 1 Series can be significantly different and are calculated by many factors. Taken into consideration are:

  • Tickets increase premiums
  • Better credit means lower rates
  • Your gender can raise or lower rates
  • Deductible amount directly impacts your rate
  • Your vehicle's safety rating
  • Whether or not you have claims
  • No coverage lapses saves money
  • Whether you rent or own your home

One important consideration that will help determine your rates is the age of the vehicle. Newer models have a higher replacement value compared to older BMW models so the costs to repair may end up costing you more. Conversely, newer models have more advanced features such as tire pressure monitors, active head restraints, and pedestrian detection that may help lower rates.

To get a better idea how rates are influenced for your specific model year, select the year of your vehicle from available model years below.

Liability car insurance - This protects you from damages or injuries you inflict on other people or property by causing an accident. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy as large an amount as possible.

Collision coverage - Collision coverage pays for damage to your BMW caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company. 1 Series collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive auto insurance - Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it's not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - This protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Coverage for medical expenses - Med pay and PIP coverage kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. PIP coverage is not available in all states and gives slightly broader coverage than med pay.

How Much are BMW 1 Series Insurance Rates?