Save on 2009 BMW 3 Series Insurance Rates

Looking for the cheapest insurance coverage rates for your BMW 3 Series? Are you tired of robbing Peter to pay Paul to keep your car insured? Your situation is no different than many other consumers.

Numerous insurers battle for your insurance dollar, so it can be very hard to choose a insurer to discover the definitive best rates possible.

Cheaper insurance rates with discounts

Some companies don’t always list every disount available in an easy-to-find place, so we took the time to find a few of the more common and also the more inconspicuous discounts that you can inquire about if you buy auto insurance online.

  • ABS Brakes – Cars, trucks, and SUVs with ABS and/or traction control have fewer accidents and the ABS can save up to 10%.
  • Good Student – Being a good student may save as much as 25% on a auto insurance quote. You can use this discount normally up to age 25.
  • Military Rewards – Having a family member in the military could qualify you for better insurance rates.
  • Distant College Student Discount – Children who are enrolled in a college that is more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Accident Waiver – but some insurance companies will turn a blind eye to one accident before your rates go up with the catch being you have to be claim-free prior to the accident.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts could see savings of more than 20%.
  • Mature Driver Discount – Seniors may receive better insurance rates on 3 Series insurance.
  • Safe Driver Discounts – Drivers without accidents may save up to 50% more on 3 Series insurance as compared to drivers with claims.
  • Savings for New Vehicles – Buying a new car instead of a used car can save up to 30% because new vehicles are generally safer.

You can save money using discounts, but most discount credits are not given the the whole policy. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like you could get a free insurance policy, insurance companies wouldn’t stay in business.

A few popular companies and some of the premium reductions they offer include:

  • Progressive may have discounts that include continuous coverage, online quote discount, online signing, multi-policy, good student, and homeowner.
  • AAA offers discounts including pay-in-full, good driver, multi-policy, multi-car, and anti-theft.
  • Farmers Insurance policyholders can earn discounts including pay in full, teen driver, bundle discounts, electronic funds transfer, and homeowner.
  • GEICO has savings for driver training, membership and employees, seat belt use, five-year accident-free, multi-vehicle, good student, and air bags.
  • Esurance may include discounts for multi-car, renters, anti-theft, defensive driver, online shopper, and emergency road assistance.
  • SAFECO may offer discounts for teen safe driver, anti-lock brakes, bundle discounts, accident prevention training, homeowner, and drive less.
  • State Farm includes discounts for Steer Clear safe driver discount, good driver, accident-free, good student, student away at school, multiple policy, and passive restraint.

If you need cheap auto insurance quotes, ask all companies you are considering how many discounts you can get. Savings may not apply to policyholders in your area.

Low cost auto insurance quotes

There are several ways to compare auto insurance quotes, and some are less labor-intensive and much quicker. You can waste hours discussing policy coverages with agents in your area, or you could save time and use the web to maximize your effort.

Most of the best insurance companies take part in a program that enables customers to submit their information once, and each participating company provides a quote. This system prevents you from having to do quotation requests to every company.

To fill out one form to compare multiple rates now click here to open in new window.

The one downside to using this type of system is buyers cannot specifically choose which companies you want pricing from. So if you want to choose from a list of companies to compare rates, we have a listing of low cost auto insurance companies in your area. View list of insurance companies.

The approach you take is up to you, just do your best to enter the exact same coverages and limits for every company. If the quotes have different limits and deductibles on each one you will not be able to find the best deal for your BMW 3 Series. Quoting even small variations in coverage limits can result in a big premium difference. And when price shopping your coverage, making a lot of price comparisons helps you find a lower rate. Some smaller insurers to not give rate quotes online, so it’s important to also get price quotes from them as well.

Buy BMW 3 Series insurance at a discount

Lots of things are part of the equation when you get a price on insurance. Most are fairly basic like your driving record, but others are less obvious like your continuous coverage or your vehicle rating.

  • Lower rates for being claim-free – Car insurance companies award most affordable rates to insureds that do not abuse their auto insurance. If you file a lot of claims you can expect higher rates. Your insurance policy is meant to be used in the event of more catestrophic claims.
  • Auto insurance policy lapses lead to higher premiums – Having a lapse in insurance coverage will be a guaranteed way to bump up your auto insurance costs. And not only will insurance be more expensive, getting caught without coverage might get you a revoked license or a big fine. You could then be forced to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Accidents can be expensive – Your driving citation history has a huge affect on how much you pay. Drivers with clean records get better rates as compared to those with violations. Getting just one ticket can increase rates to the point where it’s not affordable. Drivers who have multiple tickets such as DWI, reckless driving or hit and run convictions may find they need to file a SR-22 with their state DMV in order to prevent a license revocation.
  • Men tend to take more risk – Over time, data shows women tend to be less risk to insure than men. The data does not necessarily mean that men are WORSE drivers than women. Both sexes are in auto accidents in similar numbers, but guys cause more damage. Not only are claims higher, but men have more aggressive citations such as DWI and reckless driving. Males from age 16 to 21 tend to get in the most accidents so it costs more to insure them.
  • City dwellers may pay more – Having an address in smaller towns and rural areas of the country can be a good thing when it comes to auto insurance. People in densly populated areas tend to have more auto accidents and longer commute times. Lower population translates into fewer accidents and lower theft and vandalism rates.
  • Having a spouse can lower costs – Having a significant other can get you a discount on your policy. Having a significant other means you’re more stable financially and it’s statistically proven that married drivers get in fewer accidents.
  • Safer cars mean better rates – Vehicles with good safety scores can get you lower premiums. Vehicles engineered for safety reduce injuries and reduced instances of injuries translates directly to fewer claims and more competitive rates for policyholders.
  • Theft deterrents lowers auto insurance rates – Owning a car with an alarm system can help lower your premiums. Advanced theft deterrents such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop your car from being stolen.

Tailor your insurance coverage coverage to you

When it comes to choosing the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions might help in determining if you might need professional guidance.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • What is an SR-22 filing?
  • What can I do if my company denied a claim?
  • Does insurance cover tools stolen from my truck?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Can my teen drive my company car?
  • Will my rates increase for filing one claim?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Car insurance coverages for a BMW 3 Series

Having a good grasp of your car insurance policy can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the usual coverages available from car insurance companies.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your BMW 3 Series.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive coverages

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like hitting a deer, rock chips in glass, hitting a bird and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Coverage for medical payments

Med pay and PIP coverage kick in for expenses like prosthetic devices, nursing services and EMT expenses. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not available in all states and may carry a deductible

Collision insurance

This coverage covers damage to your 3 Series caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as hitting a parking meter, damaging your car on a curb, sustaining damage from a pot hole and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also raise the deductible to save money on collision insurance.

Auto liability

Liability coverage will cover damage that occurs to a person or their property by causing an accident. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as court costs, funeral expenses, repair costs for stationary objects and medical expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase higher limits if possible.

Online plus local equals savings

Low-cost 2009 BMW 3 Series insurance can be found on the web in addition to many insurance agents, so get free auto insurance quotes from both of them to have the best chance of lowering rates. A few companies may not provide online quoting and most of the time these regional carriers only sell through local independent agencies.

In this article, we covered many ideas to lower your 2009 BMW 3 Series insurance car insurance rates. It’s most important to understand that the more you quote auto insurance, the higher your chance of finding cheap auto insurance. Consumers could even find that the most savings is with an unexpected company. Some small companies may cover specific market segments cheaper than their larger competitors like GEICO and State Farm.

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