2014 BMW ActiveHybrid 7 Insurance Quotes

Searching for better insurance prices for a BMW ActiveHybrid 7 could be a painful process, but you can learn a few tricks to make it easier. There are both good and bad ways to find insurance online so we’re going to tell you the quickest way to get price quotes for a new or used BMW and get the lowest price either online or from local insurance agents.

You need to shop coverage around every six months due to the fact that insurance prices change quite often. Just because you had the best rates on ActiveHybrid 7 coverage a couple years back you can probably find a better rate quote now. There are lots of tips to save on insurance online, but we’re going to give you a lot of great tips on how to find affordable insurance.

These discounts can reduce insurance rates

Some providers don’t list all available discounts very well, so we researched some of the best known and the more hidden savings tricks you should be using when you buy auto insurance online.

  • Multiple Policy Discount – If you can combine your auto and homeowners policy and place coverage with the same company you may earn 10% to 20% off each policy.
  • Senior Citizen Discount – If you’re over the age of 55, you may be able to get lower premium rates on ActiveHybrid 7 coverage.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle up before driving can save up to 15% off the PIP or medical payment premium.
  • Early Payment Discounts – By paying your entire bill at once rather than spreading payments over time you could save 5% or more.
  • Homeowners Pay Less – Owning a house may earn you a small savings because maintaining a house shows financial diligence.
  • Responsible Driver Discount – Insureds who avoid accidents can get discounts for up to 45% lower rates on ActiveHybrid 7 coverage compared to accident prone drivers.
  • Anti-lock Brake Discount – Cars and trucks with anti-lock braking systems can avoid accidents and the ABS can save up to 10%.
  • Driving Data Discount – Drivers who elect to allow companies to spy on driving patterns remotely such as State Farm’s In-Drive could see a rate decrease if they have good driving habits.
  • Claim Free – Drivers who stay claim-free pay much less as opposed to accident-prone drivers.

A little disclaimer on discounts, some credits don’t apply the the whole policy. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears having all the discounts means you get insurance for free, it doesn’t quite work that way.

Some of the insurance companies that may offer policyholders most of these discounts possibly include:

Before buying, ask each company or agent which credits you are entitled to. A few discounts may not apply to policies in your area. To see companies that offer discounts, follow this link.

When do I need an agent’s advice?

When it comes to buying the right insurance coverage, there isn’t really a one size fits all plan. Every situation is different.

Here are some questions about coverages that might point out whether or not you will benefit from professional help.

  • Can I afford to buy a different vehicle if my 2014 BMW ActiveHybrid 7 is totaled?
  • Does insurance cover damages from a DUI accident?
  • What is no-fault insurance?
  • Am I better off with higher deductibles on my 2014 BMW ActiveHybrid 7?
  • Will I lose any money if I cancel my policy before it expires?
  • Is my trailer covered?
  • What vehicles should carry emergency assistance coverage?
  • Does my liability insurance cover pulling a trailer or camper?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form. It’s fast, free and can provide invaluable advice.

Save $473 a year. For real?

Consumers constantly see and hear ads for the lowest price auto insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim about saving some big amount if you move your policy.

How does every auto insurance company give you a better price? It’s all in the wording.

Different companies look for specific characteristics for the right customer that will generate a profit. For instance, a desirable insured could be over the age of 40, has no tickets, and has a high credit rating. A driver who meets those qualifications will probably get the lowest prices and will probably save if they switch.

Consumers who are not a match for this stringent profile will get a more expensive rate with the end result being the driver buying from a lower-cost company. If you pay close attention to the ads, they say “people that switch” not “everyone that quotes” can save as much as they claim. That’s the way companies can make those claims. Because of this risk profiling, you really should compare free auto insurance quotes often. Because you never know the company that will have the best premium rates for your profile.

Auto insurance coverage specifics

Learning about specific coverages of a auto insurance policy can help you determine the best coverages and the correct deductibles and limits. Auto insurance terms can be impossible to understand and reading a policy is terribly boring.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like chiropractic care, prosthetic devices, dental work, X-ray expenses and doctor visits. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your BMW ActiveHybrid 7.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Collision coverage protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like scraping a guard rail, crashing into a ditch and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to bring the cost down.

Comprehensive auto coverage

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like damage from flooding, hitting a bird, a tree branch falling on your vehicle, damage from a tornado or hurricane and hitting a deer. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability car insurance

This coverage protects you from 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 sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things like medical services, pain and suffering and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but buy as much as you can afford.

Buy Smart and Save

Budget-friendly insurance coverage can be bought online as well as from independent agents, and you should compare rates from both so you have a total pricing picture. A few companies do not provide rate quotes online and many times these small insurance companies sell through independent agents.

Consumers change insurance companies for any number of reasons including policy cancellation, extreme rates for teen drivers, poor customer service and delays in responding to claim requests. It doesn’t matter what your reason, choosing a new insurance company is actually quite simple.

When getting auto insurance quotes online, make sure you don’t reduce coverage to reduce premium. There are a lot of situations where someone sacrificed liability coverage limits only to find out that the savings was not a smart move. Your focus should be to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.

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