View 2003 BMW 5 Series Car Insurance Quotes

Searching for the cheapest insurance rates for your BMW 5 Series? Locating the cheapest insurance for a new or used BMW 5 Series can turn out to be an all-consuming task, but you can learn our insurance buying tips and make it easy.

There are more efficient ways to find insurance online so you’re going to learn the best way to price shop coverage for your BMW and locate the lowest possible price from both online companies and local agents.

It’s smart to shop coverage around before your policy renews due to the fact that insurance prices change regularly. If you had the best deal on 5 Series coverage on your last policy you can probably find a lower rate today. Ignore everything you know about insurance because you’re about to find out how to quote online to lower your rates without sacrificing coverage.

If you have a current insurance coverage policy or are just looking to switch companies, you can learn to cut your premiums while maximizing coverage. Finding more affordable insurance coverage is simple if you know the tricks. Drivers only need to know the best way to compare prices on the web.

How to get free insurance coverage quotes online

Many insurance companies provide pricing directly from their websites. The process is pretty painless as you just type in your personal and coverage information as requested by the quote form. When the form is submitted, the system will obtain reports for credit and driving violations and gives you a price quote based on these factors.

Online price estimates streamlines rate comparisons, but the time required to go to many different websites and complete many quote forms is repetitive and time-consuming. But it’s also necessary to perform this step if you want to find a better rate.

Keep reading for an easier way to compare prices

The smarter way to compare rates utilizes a single form that analyzes rates from a bunch of companies at once. This type of form saves time, reduces the work, and makes online shopping much simpler. Immediately after submitting the form, it gets priced and you can select any of the price quotes you receive.

If a lower price is quoted, you simply finish the application and purchase coverage. This process can be completed in a matter of minutes and may save quite a bit of money.

To find out how much you can save on insurance coverage, click here and begin entering your coverage information. If you have coverage now, it’s recommended you input coverages and limits exactly as shown on your declarations page. Doing this assures you will have comparison quotes for similar insurance coverage.

Are you qualifying for every discount?

Companies offering auto insurance don’t list the entire discount list very clearly, so we break down both well-publicized as well as some of the hidden credits available to bring down your rates. If you don’t get every credit available, you could be paying more than you need to.

  • College Student Discount – College-age children who are enrolled in a college that is more than 100 miles from home and leave their car at home may be able to be covered for less.
  • Safety Course Discount – Taking time to complete a class that teaches defensive driver techniques may get you a small discount and also improve your driving technique.
  • Paper-free Discount – Many companies provide a small discount for buying your policy online.
  • Seat Belt Discounts – Requiring all passengers to use a seat belt may be able to save a few bucks on the premium charged for medical payments and/or PIP.
  • Pay Now and Pay Less – By paying your entire bill at once rather than spreading payments over time you can avoid monthly service charges.
  • Theft Deterent System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are less likely to be stolen and earn discounts up to 10% off your car insurance quote.
  • Multiple Policy Discount – If you can bundle your home and auto insurance and place coverage with the same company you may earn at least 10% off all policies.
  • ABS Brakes – Cars, trucks, and SUVs equipped with ABS or steering control are much safer to drive so companies give up to a 10% discount.
  • Clubs and Organizations – Being a member of certain professional organizations can get you a small discount on your next renewal.

One last thing about discounts, some credits don’t apply the the whole policy. Most only apply to individual premiums such as comprehensive or collision. Just because it seems like adding up those discounts means a free policy, it’s just not the way it works.

Companies that have some of the discounts shown above include:

Before buying, ask each company how many discounts you can get. Depending on the company, some discounts might not be available to policyholders in your state. If you would like to view insurance companies who offer free insurance quotes, click this link.

When in doubt talk to an agent

When buying adequate coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different.

For instance, these questions may help you determine if your situation will benefit from professional help.

  • What if I total my 2003 BMW 5 Series and owe more than it’s worth?
  • How much liability insurance is required?
  • Am I insured when driving a different vehicle?
  • What are the best liability limits?
  • Does insurance cover tools stolen from my truck?
  • Do I really need UM/UIM coverage?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form. It only takes a few minutes and you can get the answers you need.

Insurance policy specifics

Having a good grasp of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive insurance – Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like theft, damage from getting keyed and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for uninsured or underinsured drivers – This protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Liability coverages – This coverage will cover damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Alternatively, you may have a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things such as emergency aid, pain and suffering, bail bonds and medical expenses. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage – Collision coverage pays to fix your vehicle from damage caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like scraping a guard rail, damaging your car on a curb, sideswiping another vehicle, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Coverage for medical expenses – Coverage for medical payments and/or PIP provide coverage for expenses for things like pain medications, doctor visits and hospital visits. They are used in conjunction with a health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage