Compare 2013 BMW ActiveHybrid 7 Insurance Quotes

Pretty sure you bought an overpriced insurance coverage policy? It’s quite common and many consumers are feeling buyer’s remorse and feel like there’s no way out. Insurance companies such as State Farm, Progressive and GEICO all claim big savings, bombarding you with ads and it is challenging if not impossible to separate fact from fiction and do the work needed to find the best deal.

If you have insurance now or are looking for a new policy, you will benefit by learning to shop for the lowest rates and still get good coverage. Choosing the best insurance company for you is quite easy. Vehicle owners only need an understanding of how to shop on the web.

Buy insurance online

Performing a rate comparison can be exhausting if you don’t utilize the easiest way. You can spend countless hours talking to insurance companies in your area, or you can stay home and use the web to quickly compare rates.

Many popular insurance companies take part in a program where insurance shoppers submit one quote, and every company returns a competitive quote determined by their information. This eliminates the need for quotation requests for each company you want a rate for.

To compare rates using this form now click here to start a free quote.

The only drawback to using this type of form is that you can’t choose which providers you will receive quotes from. So if you want to select from a list of companies for rate comparison, we have assembled a list of low cost insurance companies in your area. Click to view list.

Which method you use is up to you, but make absolute certain that you use apples-to-apples information with every price quote. If you enter different values for each quote it will be next to impossible to make a fair rate comparison.

The BMW ActiveHybrid 7 insurance cost equation

Lots of things are taken into consideration when premium rates are determined. Some are pretty understandable such as your driving record, but other criteria are not quite as obvious like your continuous coverage or your financial responsibility.

Shown below are some of the factors companies use to determine your premiums.

  • Cheaper to insure gals? – Statistics show that females take fewer risks when driving. That doesn’t necessarily mean that women are better drivers. Females and males tend to get into at-fault accidents in similar percentages, but males cause more damage. Not only that, but men also get higher numbers of serious violations like DWI (DUI) or reckless driving. Young men ages 16 to 20 are the most expensive to insure so they pay the highest premiums.
  • Getting married can lower rates – Having a wife or husband may cut your premiums on your policy. It usually means you are more mature it has been statistically shown that married drivers tend to file fewer claims.
  • Safer vehicles cost less to insure – Safer cars tend to be cheaper to insure. Safer cars protect occupants better and lower rates of occupant injuries translates directly to fewer claims and cheaper rates on your policy.
  • You might want pay the small insurance claims yourself – If you’re an insured who likes to file claims don’t be surprised to see higher premiums or even policy non-renewal. Companies generally give most affordable rates to insureds who do not file claims often. Your insurance policy is designed for more catestrophic claims.
  • Drive less and pay lower prices – The more you drive annually the more you’ll pay to insure it. Almost all companies charge to insure your cars based upon how much you drive. Cars left parked in the garage qualify for better rates than vehicles that have high annual mileage. Improper usage on your ActiveHybrid 7 is just wasting money. It’s a good idea to make sure your insurance coverage policy correctly shows the correct driver usage, because it can save money.
  • High coverage deductibles save money – Deductibles for physical damage are the amount of money you are required to pay before a claim is paid by your company. Physical damage coverage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some instances where coverage would apply would be collision with another vehicle, collision with a deer, or theft of your vehicle. The more damage repair cost you pay before a claim is paid (deductible), the better rate you will receive for ActiveHybrid 7 coverage.
  • Low stress job equals lower rates – Jobs such as military personnelair traffic controllers and stock brokers tend to pay higher average rates due to stressful work requirements and incredibly demanding work hours. Other occupations such as professors, students and homemakers get better rates for ActiveHybrid 7 coverage.

Get lower rates with these discounts

Buying insurance is not cheap, but there could be available discounts that may help make it more affordable. Some trigger automatically when you complete an application, but occassionally some discounts must be manually applied before you get the savings.

  • College Student Discount – who are enrolled in higher education away from home and leave their car at home could get you a discount.
  • Seat Belts Save more than Lives – Forcing all vehicle occupants to use a seat belt can save 10% or more on medical payment and PIP coverage.
  • Driver Education Discount – Make teen driver coverage more affordable by requiring them to complete a driver education course as it can save substantially.
  • Telematics Devices – Insureds that choose to allow their company to track where and when they drive by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they show good driving skills.
  • Early Switch Discount – Select insurance companies give a discount for switching companies before your current coverage expires. Ten percent is about the average savings.
  • Organization Discounts – Having an affiliation with a qualifying organization is a good way to get lower rates on your policy.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. A few only apply to individual premiums such as physical damage coverage or medical payments. Just because it seems like it’s possible to get free car insurance, that’s just not realistic.

To find providers with the best insurance discounts, click this link.

Auto insurance can be complex

When choosing proper insurance coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions can aid in determining if you could use an agent’s help.

  • Is my 2013 BMW ActiveHybrid 7 covered for flood damage?
  • Can I still get insurance after a DUI?
  • Do I have coverage when making deliveries for my home business?
  • Can I rate high risk drivers on liability-only vehicles?
  • Do I need special endorsements for business use of my vehicle?
  • Do I need roadside assistance coverage?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, free and can provide invaluable advice.

What auto insurance coverages do you need?

Having a good grasp of your auto insurance policy can be of help when determining the right coverages for your vehicles. Auto insurance terms can be confusing and reading a policy is terribly boring. Shown next are the usual coverages offered by auto insurance companies.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive (Other than Collision) – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as falling objects, theft, hitting a deer and hitting a bird. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability auto insurance – Liability insurance protects you from damage that occurs to a person or their property. This coverage protects you from claims by other people, and doesn’t cover 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. Your policy might show limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability can pay for claims like repair bills for other people’s vehicles, repair costs for stationary objects, structural damage and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for bills like doctor visits, dental work, pain medications and nursing services. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Collision coverage – Collision coverage will pay to fix damage to your ActiveHybrid 7 resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as sideswiping another vehicle, hitting a parking meter, colliding with a tree, hitting a mailbox and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Final considerations

When getting insurance coverage quotes online, it’s very important that you do not reduce needed coverages to save money. There are many occasions where someone sacrificed liability limits or collision coverage and learned later that the few dollars in savings costed them thousands. The goal is to buy enough coverage at the lowest possible cost, but do not sacrifice coverage to save money.

Some car insurance companies may not provide online price quotes and most of the time these small, regional companies provide coverage only through independent insurance agents. Budget-friendly car insurance can be sourced both online in addition to many insurance agents, and you should be comparing both in order to have the best price selection to choose from.

Additional car insurance information can be found on the following sites: