1997 BMW 7 Series Insurance Quotes

Want the cheapest insurance rates for your BMW 7 Series? Are you at wits end from being strong-armed to insure your BMW every month? You are no different than many other consumers.

Popular companies such as Allstate and Progressive continually hit you with advertising and it is challenging if not impossible to sift through the bull and find the best price available.

It’s important to compare rates before your policy renews because insurance rates fluctuate regularly. Just because you found the best rate for 7 Series insurance a year ago other companies may now be cheaper. Block out anything you think you know about insurance because you’re about to find out how to quote online to get good coverage at a lower rate.

Insurance coverage rates and discounts

Companies don’t list their entire list of discounts in an easy-to-find place, so we break down both the well known and the harder-to-find discounts that you can inquire about if you buy insurance coverage online.

  • Senior Discount – Mature drivers may receive a discount up to 10% for 7 Series insurance.
  • Driving Data Discount – Drivers who elect to allow their company to monitor when and where they use their vehicle by using a telematics device in their vehicle such as Progressive’s Snapshot might see lower rates if their driving habits are good.
  • Save with More Vehicles Insured – Buying a policy with primary and secondary vehicles on one policy qualifies for this discount.
  • Discounts for Federal Employees – Active or former government employment could qualify for a slight premium decrease for 7 Series insurance with certain companies.
  • Active Military Service – Being deployed with a military unit can result in better insurance coverage rates.
  • Distant Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from home and do not have access to a covered vehicle could qualify for this discount.

Remember that some of the credits will not apply to the overall cost of the policy. Some only apply to specific coverage prices like comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

To view insurance companies with discount rates, follow this link.

Situations that may require an agent’s advice

When choosing adequate coverage, there is no single plan that fits everyone. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions may help you determine if you will benefit from professional help.

  • Am I covered when using my vehicle for business?
  • Why am I required to get a high-risk car insurance policy?
  • What vehicles should carry emergency assistance coverage?
  • When would I need rental car insurance?
  • Can I rent a car in Mexico?
  • Does insurance cover damages from a DUI accident?
  • What is covered by UM/UIM coverage?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Do drivers who switch really save $434 a year?

State Farm, Allstate and GEICO regularly use television, radio, and online ads. All the companies make the same claim that people will save just by switching your insurance coverage policy to them. How does each company offer you a better deal?

All the different companies quote the lowest rates for the driver that earns them the most money. One example of this type of driver may need to be between the ages of 30 and 45, carries high limits, and insures a new vehicle. A propective insured that meets those criteria is entitled to the best price and will also save a lot if they switch.

Potential customers who cannot meet this stringent profile will be charged a more expensive rate and this results in the customer not purchasing. The trick is to say “drivers who switch” not “everyone that quotes” save that kind of money. That is how companies can state the savings. Because every company is different, it’s extremely important to compare free insurance coverage quotes often. You cannot predict the company that will fit you best based on your risk profile.

Auto insurance coverages

Understanding the coverages of insurance can be of help when determining the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverages available from insurance companies.

Comprehensive insurance – This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like falling objects, vandalism and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto liability – Liability coverage will cover damage or injury you incur to other’s property or people. It protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things such as repair costs for stationary objects, attorney fees and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Coverage for uninsured or underinsured drivers – This coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision – Collision insurance will pay to fix damage to your 7 Series caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things such as crashing into a building, sustaining damage from a pot hole, backing into a parked car, colliding with a tree and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for doctor visits, X-ray expenses, prosthetic devices, rehabilitation expenses and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

The bottom line

We’ve covered some good ideas how you can shop for 1997 BMW 7 Series insurance online. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding affordable insurance coverage. You may even find the lowest car insurance rates are with a small mutual company. They may cover specific market segments cheaper than the large multi-state companies such as Progressive or GEICO.

Cheaper 1997 BMW 7 Series insurance is available on the web and from local agencies, so you need to quote insurance coverage with both so you have a total pricing picture. Some companies do not provide the ability to get quotes online and many times these smaller providers provide coverage only through independent insurance agents.

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