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BMW 5 Series Insurance Quotes

Finding cheaper car insurance by getting online quotes is simple to do, in addition you can save money. The critical component is to take the time to get rates from all providers so you can get every possible rate.

Finding the best direct price on car insurance can be complicated if you have never used online quotes. But relax because it's actually quite easy. There are several ways to compare rate quotes and find the best price. The best way to find competitive 5 Series insurance cost is to perform an online rate comparison. This is very easy and can be done by completing this short form.

Criteria which help determine car insurance premiums

Car insurance premiums paid to insure a BMW 5 Series can vary widely subject to many criteria. A few of these criteria are:

  • Traffic citations increase rates
  • Credit rating
  • The size of your community
  • Annual mileage can affect rates
  • Male drivers pay higher rates
  • Low deductibles cost more
  • NTSB crash rating for your vehicle
  • Your occupation
  • Insurance coverage level
  • Owning a home can lower rates

An additional factor which can affect 5 Series insurance quotes is the year of the vehicle. Models that are a few years old have a much lower replacement value than newer models so the costs to repair can decrease annual premiums. Although new BMW models may have safety features included like blind-spot warning system, dual-stage airbags, and automatic crash notification which can give discounted rates.

To get a better understanding how rates are influenced for your specific model year, select the year of your vehicle from the following list.

Liability

5 Series liability coverage provides protection from injuries or damage you cause to a person or their property that is your fault. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. This coverage is usually fairly inexpensive so you should buy higher limits if possible.

Collision coverage protection

This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. This coverage can be expensive, so consider removing coverage from older vehicles. It's also possible to raise the deductible in order to get cheaper 5 Series insurance quotes.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle's value is low consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Since a lot of drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for bills such as ambulance fees, surgery, and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage.

How Much are BMW 5 Series Insurance Rates?