2007 BMW 3 Series Insurance Quotes

Looking for better insurance rates for your BMW 3 Series? Trying to come up with a payment for high-priced insurance can diminish your accounts and make it tough to pay other bills.

Numerous car insurance companies battle for your hard-earned dollar, and it can be difficult to compare rates to discover the definitive cheapest price

Cheap insurance rate quotes

Most major insurance companies allow you to get coverage prices direct online. Comparing prices online is quite simple as you simply type in the amount of coverage you want on the page. When the form is submitted, their system orders your credit score and driving record and provides a quote based on many factors. Online price estimates helps simplify price comparisons, but the time it takes to visit each company’s website and repetitively complete many quote forms is monotonous and tiresome. But it’s absolutely necessary to have as many quotes as possible if you want to find a better rate.

Quote rates the easy way

The quickest way to get multiple rate quotes makes use of a single form to get prices from several different companies. It saves time, eliminates repetitive work, and makes price shopping online much simpler. Immediately after you send the form, it is quoted and you can choose any one of the quotes that you receive. If a lower price is quoted, you can simply submit the application and purchase the new policy. The whole process can be completed in a matter of minutes and you will find out if you’re overpaying now.

If you want to compare pricing, click here to open in new window and submit the form. If you have a policy now, it’s recommended that you enter exactly as shown on your declarations page. Using the same limits helps guarantee you will be getting rate quotes based on the exact same insurance coverage.

Discounts to earn cheaper car insurance rates

Car insurance can cost a lot, but you might already qualify for some discounts that you may not even know about. A few discounts will automatically apply at the time of quoting, but a few must be specifically requested before you get the savings. If you do not check that you are getting every discount you qualify for, you could be paying more than you need to.

• Cautious Drivers – Safe drivers can get discounts for up to 45% lower rates for 3 Series insurance than drivers with accidents.
• Early Switch Discount – Some companies reward drivers for switching to them prior to your current policy expiration. You can save around 10% with this discount.
• Good Student Discount – Performing well in school can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
• Air Bag Discount – Vehicles equipped with air bags or automatic seat belts can get savings up to 30%.
• Save over 55 – If you’re over the age of 55, you could receive reduced rates for 3 Series insurance.
• Professional Memberships – Participating in qualifying employment or professional organizations is a simple method to lower premiums on your next car insurance statement.

It’s important to understand that many deductions do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, you aren’t that lucky.

For a list of insurance companies that offer some of these discounts, click here to view.

Tailor your car insurance coverage to you

When buying the right insurance coverage, there really is no “best” method to buy coverage. Each situation is unique so this has to be addressed. Here are some questions about coverages that might help in determining if you would benefit from an agent’s advice.

• Are split liability limits better than a combined single limit?
• Do I need to file an SR-22 for a DUI in my state?
• Do I need added coverage for expensive stereo equipment?
• Does my 2007 BMW 3 Series qualify for pleasure use?
• Do I need an umbrella policy?
• Do I have coverage when using my vehicle for my home business?
• Am I covered when delivering products for my home-based business?
• Does my insurance cover damage caused when ticketed for reckless driving?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area.

Insurance coverages and their meanings

Having a good grasp of a insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are typical coverages found on most insurance policies.

Liability insurance

This will cover injuries or damage you cause to a person or their property. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against things like loss of income, medical services, attorney fees, funeral expenses and pain and suffering. The amount of liability coverage you purchase is your choice, but buy higher limits if possible.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like EMT expenses, surgery and chiropractic care. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Collision coverage protection

This coverage will pay to fix damage to your 3 Series from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like sideswiping another vehicle, sustaining damage from a pot hole, colliding with a tree, crashing into a building and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your 2007 BMW 3 Series.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like hail damage, hitting a bird and vandalism. The maximum payout your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.