1999 BMW 3 Series Insurance Rates – 8 Tips for Best Quotes

Want better auto insurance rates for your BMW 3 Series? Trying to find better insurance prices for your BMW 3 Series can be a painful process, but you can use a few tricks to make it easier. There is a better way to shop for auto insurance and you need to know the proper way to get price quotes for a new or used BMW and find the cheapest rates from local insurance agents and online providers.

It’s important to do rate comparisons once or twice a year due to the fact that insurance prices tend to go up over time. Even if you think you had the lowest rates for 3 Series coverage at your last renewal you may be paying too much now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to the fastest way to get good coverage at a lower rate.

If you have a current insurance coverage policy or need new coverage, you can learn to find the best rates and possibly find even better coverage. Finding cheaper insurance coverage coverage is easy if you know what you’re doing. Drivers just need to learn the best way to compare prices over the internet.

Compare insurance price quotes online

Performing a rate comparison can be a lot of work if you don’t understand the easiest way. You could spend the better part of a day talking about coverages with insurance companies in your area, or you could save time and use the web to get rate comparisons in just a few minutes.

Most car insurance companies are enrolled in a marketplace where prospective buyers enter their policy data once, and at least one company can provide price quotes. This eliminates the need for form submissions to every company. To find out how much you’re overpaying now click here (opens in new window).

One minor caviat to using this type of system is you can’t choose the companies to receive prices from. So if you want to choose from a list of companies for rate comparison, we have a listing of low cost insurance companies in your area. Click to view list.

Whichever way you choose to compare rates, be sure to compare nearly identical information for every quote you compare. If you have different liability limits you will not be able to make a fair rate comparison.

Get cheap insurance with discounts

Insurance can be pricey, but there’s a good chance there are discounts that many people don’t even know exist. Some of these disounts will be visible when you purchase, but some must be specifically requested prior to getting the savings. If they aren’t giving you every credit you qualify for, it’s possible you qualify for a lower rate.

  • Early Renewal Discounts – Select insurance companies give a discount for renewing your policy early. This discount can save up to 10%.
  • Employee of Federal Government – Being employed by or retired from a federal job may reduce rates when you quote car insurance for 3 Series coverage but check with your company.
  • Theft Prevention System – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen and that can save you a little bit as well.
  • Low Mileage – Driving fewer miles could be rewarded with discounted premium rates on garaged vehicles.
  • Life Insurance – Larger insurance companies have a break if you buy some life insurance too.
  • Military Discounts – Having a family member in the military may lower your prices slightly.
  • Driving Data Discount – Insureds that choose to allow data collection to scrutinize driving manner by using a small device installed in their vehicle like In-Drive from State Farm and Progressive’s Snapshot might see lower rates as long as they are good drivers.
  • Seat Belt Usage – Drivers who always wear seat belts and also require passengers to wear their seat belts can save a little off the PIP or medical payment premium.

As a sidenote, most discount credits are not given to the entire policy premium. Some only reduce specific coverage prices like comprehensive or collision. Just because it seems like adding up those discounts means a free policy, companies don’t profit that way.

To see a list of insurance companies that have a full spectrum of discounts, click here.

Tailor your insurance coverage coverage to you

When choosing adequate coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s needs are different.

For example, these questions might help in determining if you would benefit from an agent’s advice.

  • Do I need an umbrella policy?
  • Am I covered by my spouse’s policy after a separation?
  • Can my teen driver be rated on a liability-only vehicle?
  • Does car insurance cover theft of personal property?
  • If my 1999 BMW 3 Series is totaled, can I afford another vehicle?
  • What is the difference between comprehensive and collision coverage?
  • When should I remove comp and collision on my 1999 BMW 3 Series?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and you can get the answers you need.

Car insurance coverage basics

Understanding the coverages of car insurance aids in choosing which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as X-ray expenses, prosthetic devices, funeral costs and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Coverage for liability

This protects you from damage that occurs to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage protects against things such as structural damage, emergency aid, court costs, funeral expenses and attorney fees. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Collision coverage

This coverage covers damage to your 3 Series caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like crashing into a building, backing into a parked car and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible to save money on collision insurance.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your BMW 3 Series.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Comprehensive or Other Than Collision

This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, falling objects, vandalism, a broken windshield and hail damage. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

In conclusion

In this article, we covered a lot of information how to reduce 1999 BMW 3 Series insurance auto insurance rates online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even discover the best price on car insurance is with an unexpected company.

As you shop your coverage around, it’s a bad idea to reduce needed coverages to save money. In many cases, an accident victim reduced uninsured motorist or liability limits and learned later that the small savings ended up costing them much more. The proper strategy is to find the BEST coverage at the best price, but do not skimp to save money.

Cheaper car insurance can be purchased online and from local insurance agents, and you need to price shop both so you have a total pricing picture. A few companies may not offer internet price quotes and usually these regional carriers prefer to sell through independent agents.

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