Cheaper 2015 BMW 3 Series Gran Turismo Insurance Rates

Searching for the cheapest insurance coverage rates? Consumers have many options when looking for affordable BMW 3 Series Gran Turismo insurance. You can either waste hours calling around to get rate comparisons or utilize the internet to compare rates. There are both good and bad ways to compare insurance coverage rates so you’re going to learn the proper way to price shop coverage on a BMW and obtain the cheapest rates either online or from local insurance agents.

Cheap car insurance quotes online

Lowering your 2015 BMW 3 Series Gran Turismo car insurance rates isn’t really that difficult. You just have to spend a little time getting comparison quotes to discover which company has inexpensive car insurance quotes. It’s really simple and can be done using a couple different methods.

The most recommended method to compare a lot of rates at once would be an industry-wide quote request form like this one (opens in new window). This easy form prevents you from having to do separate quote forms for each price estimate. A single, simple form will get you rate comparisons from car insurance companies with the best prices.It’s the quickest way to get rates.

Another way to get comparison quotes requires a visit to the website of each company and complete a new quote form. For instance, we’ll assume you want rates from Farmers, Safeco and State Farm. To get each rate you have to visit each site to enter the same coverage data repeatedly, which is why the first method is more popular.

To view a list of companies in your area, click here.

The least efficient method to compare price estimates is making phone calls or going to different agent offices. Shopping for car insurance online eliminates this option unless you have a need for the professional advice that you can only get from talking to an agent. However, consumers can comparison shop online but have a local agent actually write the policy.

It’s up to you how you get prices quotes, just be sure to compare identical coverage data with every price quote. If each company quotes different values for each quote it will be nearly impossible to determine which company has the best rates.

Earn discounts to get lower-cost insurance quotes

Insurance is not an enjoyable expense, but there may be some discounts to reduce the price significantly. Some of these disounts will be visible at the time of quoting, but a few must be asked for before you get the savings. If you don’t get every credit you qualify for, you could be saving more on your insurance.

  • Accident Free – Insureds with no claims or accidents pay less compared to frequent claim filers.
  • New Car Discount – Putting coverage on a new car may earn a small discount because newer vehicles keep occupants safer.
  • Renewal Discounts – A few insurance companies offer discounts for switching policies before your current coverage expires. It could save around 10% when you buy car insurance online.
  • Auto/Home Discount – If you can bundle your homeowners and auto insurance with the same company you could save at least 10% off all policies.
  • Student in College – Kids who are enrolled in higher education away from home and do not take a car to college can receive lower rates.
  • Homeowners Savings – Being a homeowner may earn you a small savings because maintaining a house requires personal responsibility.
  • Active Military Service – Being on active deployment in the military may qualify for rate reductions.
  • Anti-lock Brake System – Vehicles that have anti-lock braking systems can avoid accidents so companies give up to a 10% discount.
  • Discounts for Multiple Vehicles – Insuring multiple cars on a single policy can reduce the rates for all insured vehicles.
  • Data Collection Discounts – Policyholders that allow their company to scrutinize driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot may see discounts if they are good drivers.

Please keep in mind that most discounts do not apply the the whole policy. The majority will only reduce individual premiums such as medical payments or collision. Despite the appearance that you could get a free insurance policy, it’s just not the way it works. But all discounts will cut the amount you have to pay.

A list of companies and their offered discounts are outlined below.

  • GEICO may include discounts for federal employee, multi-policy, multi-vehicle, daytime running lights, and air bags.
  • Auto-Owners Insurance has discounts for company car, anti-lock brakes, multiple vehicles, air bags, mature driver, and paperless.
  • American Family discounts include good student, bundled insurance, Steer into Savings, air bags, early bird, and multi-vehicle.
  • Esurance offers discounts including Switch & Save, safety device, anti-theft, good student, renters, homeowner, and DriveSense.
  • Progressive has savings for continuous coverage, multi-policy, good student, online quote discount, and online signing.
  • State Farm may have discounts that include multiple policy, accident-free, good student, passive restraint, and Steer Clear safe driver discount.
  • AAA policyholders can earn discounts including multi-car, anti-theft, education and occupation, pay-in-full, and multi-policy.

When getting a coverage quote, ask each insurance company to give you their best rates. Some of the earlier mentioned discounts might not be available to policyholders in every state. If you would like to see a list of insurance companies that offer the discounts shown above, click this link.

Insurance premium influencing factors

Multiple criteria are used when you get a price on insurance. Some are obvious like your driving record, although others are more transparent such as your marital status or how safe your car is.When buying auto insurance it’s important to understand some of the things that come into play when calculating the rates you pay for auto insurance. When you understand what influences your rates, this helps enable you to make changes that will entitle you to lower premium levels.

The list below includes some of the things used by companies to determine rates.

  • Cars with good safety ratings lower rates – Vehicles that have high safety ratings are cheaper to insure. These vehicles reduce injuries and better occupant protection translates into fewer and smaller insurance claims which can result in lower premiums.
  • Drive less and save – The more you drive your BMW each year the more you’ll pay to insure your vehicle. A lot of insurance companies calculate prices partially by how you use the vehicle. Cars and trucks left parked in the garage receive better premium rates than those used for commuting. It’s always a good idea to double check that your auto insurance policy shows the correct driver usage. A policy that improperly rates your 3 Series Gran Turismo can result in significantly higher rates.
  • Get married and get cheaper prices – Walking down the aisle can get you a discount on auto insurance. Having a significant other usually means you are more mature and responsible it has been statistically shown that being married results in fewer claims.
  • Credit rating impact auto insurance rates – A driver’s credit history is a big factor in determining premium rates. If your credit rating could use some work, you could be paying less to insure your 2015 BMW 3 Series Gran Turismo by taking the time to improve your credit score. People that have very high credit ratings tend to file fewer claims and have better driving records than those with lower ratings.
  • Insurance companies don’t like frequent claims – If you file claims often, you should expect either a policy non-renewal or much higher rates. Auto insurance companies generally give lower rates to policyholders who only file infrequent claims. Your insurance policy is intended to be relied upon for the large, substantial claims.
  • Gals tend to be lower risk – Statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that men are worse drivers. Both genders are in auto accidents in similar numbers, but men have costlier accidents. In addition to higher claims, males also get cited for more serious violations like reckless driving and DUI.
  • Older drivers save more – Older drivers are more responsible, file fewer claims and receive fewer citations.Beginning drivers tend to be careless and easily distracted when at the wheel of a vehicle and because of this, their auto insurance rates are much higher.

Tailor your insurance coverage to you

When buying the best insurance coverage, there isn’t really a best way to insure your cars. Every situation is different.

Here are some questions about coverages that may help you determine whether you would benefit from an agent’s advice.

  • Is other people’s property covered if stolen from my vehicle?
  • Does coverage extend to Mexico or Canada?
  • When should I remove comp and collision on my 2015 BMW 3 Series Gran Turismo?
  • Does my insurance cover my expensive audio equipment?
  • Is there coverage for injuries to my pets?
  • Why is insurance for a teen driver so high?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form. It’s fast, free and may give you better protection.

Auto insurance ads are enticing

Consumers get pounded daily by advertisements that promise big savings for switching from companies such as Allstate, GEICO and Progressive. They all seem to have a common claim about how much you will save if you move to their company.

How is it plausible that every one can say the same thing? It’s all in how they say it.

Insurance companies have a preferred profile for the type of customer that will generate a profit. An example of a driver they prefer might be over the age of 45, has had continuous coverage, and drives a vehicle with a low ISO rating. A propective insured who meets those qualifications will qualify for the lowest premium rates and as a result will probably save money with a new company.

Potential insureds who may not quite match the ideal profile may be forced to pay higher premiums which leads to the customer not purchasing. If you listen to the ad wording, they say “people who switch” not “everybody who quotes” save that much money. That is how companies can make the claims of big savings. Because of the profiling, you should compare as many free car insurance quotes as you can. Because you cannot predict the company that will be your best fit.

Auto insurance coverages

Knowing the specifics of your policy aids in choosing the right coverages at the best deductibles and correct limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Liability car insurance

Liability insurance will cover injuries or damage you cause to people or other property that is your fault. It protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims like emergency aid, funeral expenses, structural damage, medical services and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Collision protection

Collision coverage will pay to fix damage to your 3 Series Gran Turismo from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as sustaining damage from a pot hole, hitting a parking meter, colliding with a tree and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for bills for X-ray expenses, ambulance fees, pain medications, surgery and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Comprehensive coverage

This pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like rock chips in glass, hail damage and theft. The most your car insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your 2015 BMW 3 Series Gran Turismo.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Saving money is sweet as honey

We covered a lot of tips how to compare 2015 BMW 3 Series Gran Turismo insurance rates online. The key concept to understand is the more providers you compare, the better your comparison will be. Drivers may discover the lowest rates come from a smaller regional carrier.

When buying insurance coverage, never skimp on critical coverages to save a buck or two. Too many times, an insured cut uninsured motorist or liability limits and learned later that the savings was not a smart move. Your aim should be to get the best coverage possible at a price you can afford and still be able to protect your assets.

Drivers switch companies for a number of reasons such as delays in responding to claim requests, high prices, high rates after DUI convictions and questionable increases in premium. Whatever your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

More detailed auto insurance information is available by following these links: