2014 BMW i3 Car Insurance Quotes

Searching for the cheapest insurance coverage rates for your BMW i3? Finding more affordable coverage rates on insurance coverage can be a challenge for beginners to online price comparisons. There are so many companies to choose from that it can quickly become a lot of work to find the perfect company for you.

Smart consumers take time to compare prices before your policy renews because insurance coverage prices change frequently. If you had the best deal on i3 insurance a few years ago there may be better deals available now. There are a lot of ways to save on insurance coverage on the web, but in this article, you’re going to get some of the best techniques to quit paying high insurance coverage rates.

The most recommended method to compare insurance rates in your area is to know the trick almost all companies allow for online access to give you rate quotes. To begin a comparison, all you need to do is give them rating details such as whether the vehicles are used for commuting, if a SR-22 is required, deductibles desired, and driver ages. Those rating factors is automatically sent to multiple different insurance companies and they return rate quotes immediately.

Get cheap auto insurance quotes with discounts

Auto insurance companies don’t always publicize all disounts very well, so here is a list a few of the more well known as well as some of the hidden savings tricks you should be using when you buy auto insurance online. If you are not receiving all the discounts you qualify for, you could be getting lower rates.

  • Accident-Free Discounts – Claim-free drivers have much lower rates when compared with insureds who have frequent claims or accidents.
  • No Charge for an Accident – Not a discount per se, but a handful of insurance companies will let one accident slide before they charge you more for coverage as long as you don’t have any claims prior to the accident.
  • Multi-line Discount – Larger auto insurance companies have a lower premium rate if you buy a life insurance policy as well.
  • Discounts for New Vehicles – Buying a new car model may earn a small discount because new vehicles are generally safer.
  • Theft Prevention System – Cars, trucks, and SUVs with anti-theft systems have a lower chance of being stolen and qualify for as much as a 10% discount.
  • Multiple Vehicles – Insuring multiple cars or trucks on one policy can get a discount on all vehicles.
  • Student Discounts – Getting good grades may save as much as 25% on a auto insurance quote. Earning this discount can benefit you up until you turn 25.
  • Discount for Multiple Policies – If you insure your home and vehicles and insure them with the same company you could earn a discount of at least 10% off all policies.
  • Senior Citizens – Seniors may receive reduced rates on i3 insurance.

Consumers should know that most credits do not apply the the whole policy. Most only apply to specific coverage prices like liability, collision or medical payments. If you do the math and it seems like you could get a free auto insurance policy, you’re out of luck.

A few of the larger companies and a partial list of their discounts are outlined below.

  • State Farm offers discounts for good driver, student away at school, multiple autos, good student, and accident-free.
  • GEICO may include discounts for multi-vehicle, anti-lock brakes, good student, multi-policy, and driver training.
  • Progressive includes discounts for online quote discount, good student, multi-vehicle, online signing, multi-policy, continuous coverage, and homeowner.
  • 21st Century may have discounts that include teen driver, student driver, air bags, defensive driver, driver training, and early bird.
  • American Family offers discounts including bundled insurance, multi-vehicle, defensive driver, accident-free, and early bird.
  • The Hartford has discounts for bundle, air bag, vehicle fuel type, anti-theft, good student, and defensive driver.
  • AAA discounts include good student, education and occupation, pay-in-full, anti-theft, AAA membership discount, multi-policy, and good driver.

Double check with every company how you can save money. Discounts may not be offered everywhere. To locate companies offering auto insurance discounts, click here to view.

Tailor your car insurance coverage to you

When it comes to buying adequate coverage, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out whether you could use an agent’s help.

  • Do I have newly-aquired coverage?
  • Does having multiple vehicles earn me a discount?
  • Is pleasure use cheaper than using my 2014 BMW i3 to commute?
  • Does my personal policy cover me when driving out-of-state?
  • Am I insured when driving a different vehicle?
  • What vehicles should carry emergency assistance coverage?
  • Where can I get insurance after a DUI in my state?
  • What can I do if my company won’t pay a claim?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I need PIP (personal injury protection) coverage in my state?

If you can’t answer these questions then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form.

Insurance coverages and their meanings

Understanding the coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. Insurance terms can be difficult to understand and reading a policy is terribly boring.

Collision coverages – This coverage will pay to fix damage to your i3 caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like sustaining damage from a pot hole, scraping a guard rail, crashing into a ditch and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This provides protection when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your 2014 BMW i3.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently these coverages are similar to your liability insurance amounts.

Comprehensive auto coverage – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like rock chips in glass, theft and damage from getting keyed. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like prosthetic devices, EMT expenses and pain medications. They are often used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability coverages – Liability coverage will cover damage that occurs to a person or their property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things like structural damage, pain and suffering, medical services and attorney fees. How much coverage you buy is up to you, but you should buy as large an amount as possible.