View 2012 BMW 3 Series Insurance Quotes

Trying to find the cheapest insurance for a BMW 3 Series can be an all-consuming task, but you can learn our auto insurance buying tips to save time.

There are more efficient ways to buy auto insurance and you need to know the quickest way to price shop coverage for your BMW and get the best price possible from both online companies and local agents.

Consumers need to do rate comparisons before your policy renews due to the fact that insurance rates are variable and change quite frequently. If you had the best premium rates on 3 Series coverage a few years ago you will most likely find a better price today. Forget all the misinformation about auto insurance because we’re going to demonstrate how to use online quotes to find better coverage at a better price.

Shop insurance coverage online

Most larger insurance companies allow consumers to get coverage prices directly from their websites. The process is pretty easy as you simply type in your coverage information into a form. When complete, the company’s rating system pulls your driving and credit reports and returns pricing information based on the information you submitted.

Online quotes helps simplify price comparisons, but having to visit a lot of sites and type in the same data can be a bit tiresome and repetitive. But it’s very important to have as many quotes as possible in order to get the lowest possible prices on insurance coverage.

Rate comparisons made easy

A more efficient way to lower your insurance coverage bill utilizes a single form to return rates from more than one company. It saves time, reduces the work, and makes comparison shopping a little more enjoyable. Immediately after you send the form, it is rated with multiple companies and you can pick any one of the quotes that you receive.

If a lower price is quoted, you simply finish the application and purchase the new policy. This process takes 15 minutes at the most and you will find out if you’re overpaying now.

If you want to fill out one form to compare multiple rates now, click here to open in a new tab and submit your coverage information. If you have coverage now, it’s recommended you duplicate the limits and deductibles as close as possible to your current policy. This helps ensure you will have an apples-to-apples comparison based on the exact same insurance coverage.

Lower-cost insurance coverage quotes with discounts

Car insurance is not cheap, but you may be missing some discounts to help bring down the price. A few discounts will automatically apply when you purchase, but some discounts are required to be specifically requested before being credited.

  • Passive Restraint Discount – Factory options such as air bags or automatic seat belts may get savings of 20% or more.
  • Auto/Life Discount – Larger companies have better insurance coveragerates if you take out some life insurance too.
  • Discount for New Cars – Buying a new car model may earn a small discount compared to insuring an older model.
  • Driver Safety – Taking part in a safe driver course could save 5% or more and make you a better driver.
  • ABS Braking Discount – Vehicles equipped with ABS or steering control have fewer accidents so companies give up to a 10% discount.
  • Military Discounts – Being deployed with a military unit could mean lower insurance coverage rates.
  • Anti-theft System – Cars, trucks, and SUVs with anti-theft systems are less likely to be stolen and will save you 10% or more.
  • Payment Method – By paying your policy upfront rather than paying monthly you can avoid monthly service charges.
  • Distant Student Discount – College-age children living away from home attending college and do not have access to a covered vehicle may qualify for this discount.

While discounts sound great, it’s important to understand that most discounts do not apply to all coverage premiums. Most only reduce the cost of specific coverages such as medical payments or collision. Just because it seems like all those discounts means the company will pay you, companies wouldn’t make money that way.

Companies that may have some of the above discounts include:

If you want inexpensive car insurance quotes, ask every company which discounts you may be entitled to. Depending on the company, some discounts may not apply to policyholders in your state. For a list of insurance companies that offer multiple discounts, follow this link.

Smart consumers save money

When buying car insurance it’s important to understand the rating factors that are used to determine car insurance rates. When you understand what positively or negatively impacts your premiums, this allows you to make good choices that may result in cheaper rates.

  • Multi-policy discounts can save money – Some insurers provide discounts to clients who have multiple policies with them such as combining an auto and homeowners policy. If you currently are using one company, it’s in your best interest to compare other insurance prices to confirm you are receiving the best rates possible.There is a good possibility that you can find better rates even if you have your coverage with different companies
  • Certain occupations raise rates – Do you work in a high-stress field? Careers such as military personnel, executives and accountants usually pay higher average rates attributed to intense work-related stress and lengthy work days. Conversely, professions such as professors, engineers and retirees receive lower rates on 3 Series coverage.
  • A lpolicy lapse is a bad thing – Allowing your car insurance policy to lapse will be a sure-fire way to increase your car insurance rates. Not only will you pay higher rates, not being able to provide proof of insurance could earn you a hefty fine and possibly a revoked license.
  • Traffic violations increase prices – Having a clean driving record has a big impact on rates. Even one speeding ticket could increase your next policy renewal by as much as thirty percent. Attentive drivers have lower premiums than their less careful counterparts. Drivers who have careless violations like reckless driving or DUI may need to complete a SR-22 with their state’s licensing department in order to legally drive.

Tailor your insurance coverage coverage to you

When it comes to buying proper insurance coverage, there really is no cookie cutter policy. Everyone’s situation is a little different.

Here are some questions about coverages that can aid in determining if you would benefit from professional advice.

  • Does insurance cover tools stolen from my truck?
  • Exactly who is provided coverage by my policy?
  • What is roadside assistance coverage?
  • Should I buy additional glass protection?
  • Is my nanny covered when driving my vehicle?
  • Does having multiple vehicles earn me a discount?
  • Is my camper covered by my car insurance policy?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Will my insurance pay for OEM parts?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form. It is quick, free and may give you better protection.

Do car insurance companies bend the truth?

Consumers can’t get away from ads for the lowest price car insurance from the likes of State Farm, Allstate and GEICO. They all seem to state the claim that you can save if you switch your car insurance policy to them.

Is it even possible that every company can charge less that you’re paying now?

Insurance providers quote the lowest rates for the type of customer that earns them the highest profit. For instance, this type of driver might have to be a mature driver, has had continuous coverage, and drives a lower-performance vehicle. Anybody that matches those criteria will get low rates and as a result will probably save some money.

Potential customers who don’t qualify for these stringent criteria will have to pay a higher premium which translates to the customer buying from a different company. If you pay close attention to the ads, they say “customers who switch” not “everyone who quotes” save that kind of money. This is how insurance companies can claim big savings.

This really emphasizes why it’s extremely important to compare price quotes frequently. It is just not possible to predict with any certainty which company will give you the biggest savings.

Insurance coverage specifics

Understanding the coverages of your insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as vandalism, rock chips in glass and hail damage. The most your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers – This gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and damage to your BMW 3 Series.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Usually these coverages are identical to your policy’s liability coverage.

Liability car insurance – Liability insurance can cover damage or injury you incur to other people or property that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Another option is a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers things like court costs, loss of income, pain and suffering and attorney fees. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as rehabilitation expenses, nursing services, doctor visits, prosthetic devices and pain medications. They are often utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible

Collision coverage – This coverage will pay to fix damage to your 3 Series resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as sustaining damage from a pot hole, colliding with a tree and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Be a penny pincher

People who switch companies do it for a number of reasons such as high rates after DUI convictions, unfair underwriting practices, extreme rates for teen drivers and even not issuing a premium refund. Regardless of your reason, finding a new insurance coverage company is easier than you think.

In this article, we presented many ways to reduce 2012 BMW 3 Series insurance rates online. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. Drivers may discover the lowest priced insurance coverage comes from a small local company.

Cheaper insurance coverage can be sourced on the web in addition to many insurance agents, and you need to price shop both to have the best selection. Some insurance companies do not offer online rate quotes and these small insurance companies prefer to sell through local independent agencies.

More detailed insurance coverage information can be found in the articles below: