Cheap 2016 BMW 3 Series Gran Turismo Insurance Quotes

Trying to find cheap insurance coverage is difficult for drivers new to comparison shopping online. Since there are so many insurers to choose from, it can easily become a burden to find cheaper rates.

You should take the time to compare prices quite often since rates tend to go up over time. Despite the fact that you may have had the best deal for 3 Series Gran Turismo coverage six months ago you can probably find a better price now. You’ll find quite a bit of inaccurate information about insurance coverage online, but you can learn some tested techniques to slash your insurance coverage rates.

If you currently have a car insurance policy, you will be able to save some money using this strategy. Buying the cheapest coverage is easy if you know what you’re doing. But consumers must learn how big insurance companies sell online and take advantage of how the system works.

How to buy insurance

The are a couple different ways to obtain and compare prices from different companies. By far the easiest way to find the lowest 2016 BMW 3 Series Gran Turismo rates involves getting comparison quotes online. It is quite easy and can be accomplished using a couple different methods.

  1. Probably the best way to get quotes would be an industry-wide quote request form like this one (opens in new window). This form prevents you from having to do repetitive form entry for each company you want a rate for. One form gets you price quotes from many national carriers. Just one form and you’re done.
  2. A different way to compare rate quotes is to take the time to go to the website for every company you want to comare and fill out a new quote form. For examples sake, let’s assume you are doing a rate comparison from GEICO, Safeco and Farmers. In order to get each rate, you would have to go to every website and enter your policy data, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.
  3. The hardest method of comparing rate quotes is driving to different agent offices. Comparing rates online makes this unnecessary unless you’re the type of person who wants the extra assistance that only an agent can give. It is possible to find lower rates online but purchase the actual policy in an agency.

It’s up to you how you get prices quotes, just make sure you are using the same coverages and limits for each comparison quote. If your comparisons have different data it will be nearly impossible to decipher which rate is best. Quoting even small variations in insurance coverages or limits could mean much higher rates. And when comparing insurance rates, know that comparing a large number of companies helps improve the odds of finding the best rates.

Lower rate quotes with these insurance coverage discounts

Auto insurance companies do not list every disount available in an easy-to-find place, so we researched a few of the more common and also the lesser-known ways to save on insurance coverage.

  • Low Miles Discount – Driving fewer miles can qualify you for better premium rates on cars that stay parked.
  • New Car Discount – Insuring a vehicle that is new can save up to 30% since new model year vehicles are generally safer.
  • Sign Online – Some insurance companies provide a small discount for buying a policy and signing up on the internet.
  • Theft Prevention Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and therefore earn up to a 10% discount.
  • 55 and Retired – Drivers over the age of 55 can get reduced rates for 3 Series Gran Turismo coverage.
  • Resident Student – living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.

Drivers should understand that most discount credits are not given to all coverage premiums. Most only apply to the cost of specific coverages such as comp or med pay. So when it seems like having all the discounts means you get insurance for free, you won’t be that lucky.

Popular insurance coverage companies and some of the discounts are detailed below.

  • Progressive offers discounts including multi-vehicle, online signing, online quote discount, multi-policy, good student, and continuous coverage.
  • The Hartford includes discounts for defensive driver, air bag, good student, bundle, vehicle fuel type, anti-theft, and driver training.
  • Mercury Insurance discounts include location of vehicle, anti-theft, type of vehicle, ease of repair, age of vehicle, good student, and good driver.
  • GEICO may offer discounts for five-year accident-free, driver training, multi-policy, daytime running lights, and anti-lock brakes.
  • AAA has discounts for good student, pay-in-full, AAA membership discount, multi-policy, good driver, and anti-theft.
  • State Farm may include discounts for multiple policy, passive restraint, driver’s education, anti-theft, and Steer Clear safe driver discount.

If you are trying to find the cheapest insurance quotes, ask every company what discounts are available to you. Some discounts listed above might not be offered on policies in your state. To see a list of insurance companies with the best discounts, click here to view.

Auto insurance can get complicated

When it comes to choosing the right insurance coverage, there really is no “perfect” insurance plan. Everyone’s needs are different.

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

  • Does car insurance cover theft of personal property?
  • Is pleasure use cheaper than using my 2016 BMW 3 Series Gran Turismo to commute?
  • If my 2016 BMW 3 Series Gran Turismo is totaled, can I afford another vehicle?
  • Why do I need rental car insurance?
  • Does my insurance cover a custom paint job?
  • Is my BMW 3 Series Gran Turismo covered if I use it for business?
  • Do I have newly-aquired coverage?
  • How much liability do I need to cover my assets?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form.

Why your insurance prices might be higher

Many different elements are considered when you get a price on insurance. Some factors are common sense like your driving record, although some other factors are not as apparent such as your credit history or your financial responsibility.The best way to find cheaper car insurance is to take a look at a few of the rating criteria that help determine your premiums. When you understand what determines premiums, this empowers consumers to make smart changes that may reward you with cheaper rates.

The items below are some of the things used by your company to calculate your rate level.

  • Deter theft and pay less – Choosing to buy a car with a theft deterrent system can help bring down rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping auto theft and help lower rates.
  • City dwellers may pay more – Residing in less populated areas of the country has definite advantages when shopping for auto insurance. Fewer drivers means fewer accidents. Drivers in populated areas regularly have much more traffic and longer commutes to work. More time commuting means more chances of being involved in an auto accident.
  • Rates can drop if you have more than one policy – Some insurers apply better rates to clients who buy several policies from them such as combining an auto and homeowners policy. The amount of the discounts can be five, ten or even twenty percent. Even with this discount applied, it’s still a good idea to comparison shop to help ensure you have the lowest rates.There is a chance you can save money by buying car insurance from a different company.
  • Never allow your car insurance policy to lapse – Driving your car without having proper coverage is a misdemeanor and your next policy will cost more because you let your coverage cancel without a new policy in place. And not only will insurance be more expensive, failure to provide proof of insurance may result in a fine, jail time, or a revoked license. You may have to file a SR-22 with your state DMV.
  • Getting married is a bonus – Your spouse may earn you lower rates when buying car insurance. Having a significant other usually means you are more mature than a single person and insurance companies like that married drivers tend to have fewer serious accidents.
  • Save by driving safer vehicles – Vehicles with good safety scores tend to have better insurance rates. These vehicles protect occupants better and reduced instances of injuries means your insurance company pays less passed on to you as lower rates. If your BMW 3 Series Gran Turismo has at least four stars on Safercar.gov it is probably cheaper to insure.

Do drivers who switch really save?

Big name companies like Allstate, GEICO and Progressive constantly bombard you with ads in print and on television. All the ads state the claim that you can save just by moving to their company. That’s great but how can every company offer you a better deal? It’s all in the words they use.

Insurance providers have a preferred profile for the type of driver that will not have excessive claims. A good example of a desirable risk could possibly be between the ages of 30 and 50, is a homeowner, and has great credit. A customer who meets those qualifications will probably get the lowest rates and will probably save quite a bit of money when switching.

People who fall outside those criteria may be required to pay higher premium rates and ends up with business going elsewhere. The ad wording is “people who switch” not “all people who quote” can get the lowest rates when switching. That’s why insurance companies can claim big savings.

This really drives home the point why it’s extremely important to get as many free insurance quotes as possible. It’s impossible to know with any certainty which company will have the lowest rates.

Specific coverage details

Understanding the coverages of a car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for bills for chiropractic care, hospital visits and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your BMW 3 Series Gran Turismo.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Usually these limits are set the same as your liablity limits.

Comprehensive (Other than Collision)

Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hitting a bird, damage from flooding, a tree branch falling on your vehicle and hitting a deer. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability auto insurance

This coverage provides protection from damage that occurs to people or other property that is your fault. This coverage protects you against other people’s claims. Liability doesn’t 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. You commonly see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Some companies may use one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as repair bills for other people’s vehicles, loss of income and legal defense fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage

This will pay to fix damage to your 3 Series Gran Turismo from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims like colliding with another moving vehicle, sustaining damage from a pot hole, damaging your car on a curb, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.

The best insurance company isn’t always the cheapest

Cheap 2016 BMW 3 Series Gran Turismo insurance can be purchased online and from local agencies, so get free insurance quotes from both of them so you have a total pricing picture. A few companies do not offer rate quotes online and these small insurance companies sell through local independent agencies.

When searching for cheap insurance quotes, it’s a bad idea to reduce needed coverages to save money. In many cases, an accident victim reduced uninsured motorist or liability limits only to find out that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy enough coverage at the best cost and still be able to protect your assets.

In this article, we covered many tips how you can reduce 2016 BMW 3 Series Gran Turismo insurance car insurance rates online. The most important thing to understand is the more rate quotes you have, the higher your chance of finding cheap insurance. Consumers could even find that the most savings is with the smaller companies.

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