2016 BMW 3 Series Insurance Quotes

Trying to find the cheapest insurance coverage rates for your BMW 3 Series? Are you sick and tired of not being able to scrape enough together each month for insurance coverage? You’re in the same situation as many other vehicle owners.

Insurance companies such as Allstate, Progressive and GEICO promote their brand names with fancy advertisements and it is challenging if not impossible to ignore the flashy ads and find the best price available.

If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using these methods. Finding the best rates is quite easy. But consumers can benefit by having an understanding of the way companies determine prices because it can help you find the best coverage.

First Step: Get free auto insurance quotes

There are a lot of ways to compare auto insurance prices but one way is less time-consuming than others. You could waste time talking to insurance companies in your area, or you can utilize online quoting to quickly compare rates.

Many popular insurance companies enroll in a system that enables customers to submit one quote, and each participating company provides a quote for coverage. This eliminates the need for quote forms for each company you want a rate for.

To submit your quote information now, click here to open in new window.

The only downside to doing it this way is you are unable to specify the providers to receive prices from. So if you want to choose from a list of companies for rate comparison, we put together a list of low cost auto insurance companies in your area. View list of insurance companies.

It doesn’t matter which method you choose, just make darn sure you compare the exact same coverage information with every price quote. If the quotes have unequal deductibles or liability limits it will be next to impossible to make an equal comparison. Having just a slight variation in limits could skew the results. And when price shopping your coverage, getting more free quotes gives you a better chance of getting lower pricing. Some companies don’t provide prices over the internet, so it’s important to compare rates from the smaller companies as well.

Cut your insurance coverage rates with discounts

Not many people think insurance is cheap, but there could be available discounts that you may not know about. Most are applied at the time you complete a quote, but some discounts are required to be specifically requested in order for you to get them.

  • E-sign Discounts – Some of the larger companies may give you up to $50 for buying your policy digitally online.
  • Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in high school.
  • Bundled Policy Discount – If you combine your auto and homeowners policies with the same company you could save over 10 percent off each policy depending on the company.
  • Discount for Swiching Early – A few insurance companies give discounts for renewing your policy early. This discount can save up to 10%.
  • Defensive Driver Discount – Passing a safe driver course could possibly earn you a 5% discount if you qualify.

A little disclaimer on discounts, most discount credits are not given to the overall cost of the policy. A few only apply to specific coverage prices like liability, collision or medical payments. Despite the appearance that having all the discounts means you get insurance for free, companies wouldn’t make money that way.

To find insurers that provide some of the discounts listed above, click here to view.

You are unique and your insurance coverage should be too

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different so your insurance needs to address that. For example, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.

  • Is my camper covered by my car insurance policy?
  • Do I benefit by insuring my home with the same company?
  • How can I get high-risk coverage after a DUI?
  • Do I need to file an SR-22 for a DUI in my state?
  • Am I covered if I hit my neighbor’s mailbox?
  • Can I pay claims out-of-pocket if I buy high deductibles?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Coverages available on your auto insurance policy

Learning about specific coverages of your policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverages found on most auto insurance policies.

Liability auto insurance – This coverage will cover damage or injury you incur to other people or property that is your fault. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as medical services, funeral expenses and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as scraping a guard rail, backing into a parked car, crashing into a building, rolling your car and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive auto coverage – This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hitting a bird, falling objects, damage from a tornado or hurricane, damage from flooding and hail damage. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your BMW 3 Series.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for immediate expenses for things like X-ray expenses, pain medications and ambulance fees. They are used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage