2017 BMW 3 Series Car Insurance Rates

Want cheaper insurance rates for your BMW 3 Series? Nobody likes buying insurance, especially when they know their premiums are too high. Due to the increasing number of insurance providers from which to choose, it can be challenging to pick the right insurance company.

Finding affordable coverage is quite easy. If you currently have a car insurance policy, you should be able to cut costs considerably using these techniques. Drivers just need to know the most effective way to compare company rates online.

Ways to get auto insurance rate quotes

All major auto insurance companies like State Farm and Allstate allow you to get coverage prices on their websites. Getting prices online is fairly simple as you simply enter the coverage amounts you desire as detailed in the form. After you submit the form their quoting system automatically retrieves information on your driving record and credit history and generates pricing information determined by many factors. Online quotes makes comparing rates easy, but the work required to visit each company’s website and repetitively fill out multiple forms is a waste of time. Unfortunately, it is important to do this in order to find the best price on auto insurance.

A less time-consuming method to lower your auto insurance bill uses one simple form that obtains quotes from many companies. The form is fast, requires much less work on your part, and makes price shopping online much more enjoyable and efficient. Once the form is submitted, it is quoted and you can choose your choice of the price quotes you receive. If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase the new policy. It can be completed in a matter of minutes and you will find out if you’re overpaying now.

To save time and compare pricing, click here to open in new window and input your coverage information. If you have a policy now, it’s recommended you complete the form with the limits and deductibles as shown on your current policy. Doing this assures you will have rate quotes based on similar coverages.

Drivers can save with with these discounts

Some insurance providers do not list the entire discount list in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find credits that you can use to lower your rates.

  • Multi-line Discount – If the company offers life insurance, you could get a discounted rate on car insurance if you buy auto and life insurance together.
  • Discount for Good Grades – Being a good student may save you up to 25%. Many companies even apply the discount to college students up to age 25.
  • Discounts for New Vehicles – Insuring a vehicle that is new can cost up to 25% less due to better safety requirements for new vehicles.
  • Student Driver Training – Have your child take driver’s ed class in high school.
  • Membership in Organizations – Affiliation with certain professional organizations is a simple method to lower premiums when shopping for insurance.
  • ABS and Traction Control Discounts – Cars that have anti-lock braking systems can avoid accidents and earn discounts up to 10%.
  • Early Renewal Discounts – Some companies reward drivers for buying a new policy prior to your current policy expiring. This discount can save up to 10%.
  • Bundle and Save – When you combine your homeowners and auto insurance and place coverage with the same company you will save at least 10 to 15 percent or more.

You should keep in mind that most of the big mark downs will not be given to your bottom line cost. Most cut individual premiums such as collision or personal injury protection. Just because you may think adding up those discounts means a free policy, you’re out of luck.

To find providers with the best insurance discounts, click here to view.

Your situation helps dictate your coverage

When buying coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions may help highlight whether you might need professional guidance.

  • Do I have any recourse if my insurance company denies a claim?
  • How high should my medical payments coverage be?
  • How much liability coverage do I need in my state?
  • Is my dog or cat covered if injured in an accident?
  • Where can I get insurance after a DUI in my state?
  • Does having multiple vehicles earn me a discount?
  • What is high-risk coverage and where do I buy it?

If you can’t answer these questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and can help protect your family.

Auto insurance coverages

Knowing the specifics of your insurance policy helps when choosing which coverages you need for your vehicles. Insurance terms can be confusing and coverage can change by endorsement. Listed below are the normal coverages offered by insurance companies.

Comprehensive or Other Than Collision

This covers damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from flooding, damage from a tornado or hurricane, fire damage and vandalism. The most your insurance company will pay 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.

Collision coverage

Collision coverage covers damage to your 3 Series resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like sideswiping another vehicle, damaging your car on a curb and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

UM/UIM Coverage

This coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your 2017 BMW 3 Series.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability coverage

This coverage provides protection from damage or injury you incur to other people or property that is your fault. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers claims like emergency aid, structural damage, funeral expenses and bail bonds. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like hospital visits, surgery, funeral costs, chiropractic care and ambulance fees. They are used in conjunction with a health insurance policy or if you do not have health coverage. They cover you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Online plus local equals savings

As you shop your coverage around, don’t be tempted to skimp on coverage in order to save money. In many instances, someone sacrificed physical damage coverage to discover at claim time that the small savings ended up costing them much more. Your focus should be to buy enough coverage at a price you can afford and still be able to protect your assets.

In this article, we presented some good ideas how you can compare 2017 BMW 3 Series insurance rates online. The most important thing to understand is the more quotes you get, the better your comparison will be. You may be surprised to find that the lowest priced car insurance comes from some of the lesser-known companies. Regional companies can often provide lower auto insurance rates in certain areas compared to the large companies like Progressive or GEICO.

More resources