2017 BMW 4 Series Gran Coupe Insurance Rates

Trying to find better car insurance rates for your BMW 4 Series Gran Coupe? Paying for overpriced BMW 4 Series Gran Coupe insurance can bleed your funds and put the squeeze on your family’s finances.

Big-name insurance companies like GEICO, Farmers Insurance and State Farm continually hit you with TV and radio ads and it can be hard to see through the cute green geckos and mayhem and take the time to shop coverage around.

First Step: Get free car insurance quotes

When shopping for car insurance there are multiple ways to compare rate quotes from many available car insurance companies in your state. The recommended way to compare BMW 4 Series Gran Coupe insurance prices is to get quotes online. It’s really quite simple and can be done in a couple minutes as outlined below.

  1. The first (and easiest) way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This method saves time by eliminating separate quotation requests for every car insurance company. A single form gets insurance cost estimates from multiple companies.
  2. A harder way to find better pricing is to take the time to go to the website of each company and repeat the quote process again and again. For sake of this example, let’s assume you need rates from Nationwide, Liberty Mutual and GMAC. To find out each rate you need to visit each site and enter your policy data, which explains why we recommend starting with the first method. For a list of links to insurance companies in your area, click here.

However you get your quotes, be certain you are entering exactly the same coverages and limits with each company. If the quotes have differing limits it’s not possible to decipher which rate is best. Just slight variations in insurance coverages can mean a large discrepancy in price. Keep in mind that comparing a large number of companies gives you a better chance of getting a lower rate.

Discounts to earn lower-cost auto insurance rates

Some providers don’t always advertise every discount in a way that’s easy to find, so the list below contains some of the more common in addition to some of the lesser obvious ways to save on auto insurance. If you do not check that you are getting every discount you deserve, you’re just leaving money on the table.

  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off the PIP or medical payment premium.
  • Switch and Save Discount – A few larger companies offer discounts for buying a policy prior to your current policy expiring. It can save you around 10%.
  • Anti-theft System – Cars that have factory anti-theft systems are stolen less frequently and will qualify for a discount on a auto insurance quote.
  • Telematics Data Discounts – Drivers that enable companies to study driving patterns by installing a telematics device such as State Farm’s In-Drive might see lower rates if they show good driving skills.
  • Senior Citizen Rates – Drivers that qualify as senior citizens are able to get a slight reduction on a auto insurance quote for 4 Series Gran Coupe coverage.
  • Military Deployment Discount – Being on active deployment in the military could trigger a small discount.
  • Accident Forgiveness – Not a discount per se, but companies like Allstate and State Farm permit an accident without the usual rate increase as long as you don’t have any claims for a particular time prior to the accident.
  • Pay Early and Save – By paying your entire bill at once as opposed to paying monthly you could save up to 5%.
  • Accident Free – Drivers with accident-free driving histories have much lower rates when compared with drivers with a long claim history.
  • Discounts for Government Workers – Being employed by or retired from a federal job can earn a discount up to 10% for 4 Series Gran Coupe coverage but check with your company.

Keep in mind that most discounts do not apply to the entire cost. Most only cut the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears having all the discounts means you get insurance for free, it’s just not the way it works.

A few of the larger companies and a selection of discounts can be found below.

  • GEICO discounts include daytime running lights, membership and employees, anti-theft, federal employee, and multi-policy.
  • USAA offers premium reductions for multi-policy, multi-vehicle, annual mileage, new vehicle, loyalty savings, and driver training.
  • Progressive offers discounts for continuous coverage, multi-policy, online quote discount, multi-vehicle, and online signing.
  • American Family may have discounts that include air bags, bundled insurance, early bird, multi-vehicle, mySafetyValet, good student, and good driver.
  • Esurance may offer discounts for good student, online shopper, anti-lock brakes, DriveSense, and good driver.
  • Farmers Insurance has savings for bundle discounts, early shopping, switch companies, youthful driver, mature driver, and multi-car.
  • State Farm has discounts for good driver, good student, driver’s education, accident-free, and defensive driving training.

Before purchasing a policy, check with all companies you are considering which discounts they offer. Some credits may not be offered in your area. To find auto insurance companies that have a full spectrum of discounts, follow this link.

Tailor your auto insurance coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there is no one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For example, these questions may help highlight if your insurance needs may require specific advice.

  • How do I buy GAP insurance?
  • Does medical payments coverage apply to all occupants?
  • Does my medical payments coverage pay my health insurance deductible?
  • Is motorclub coverage worth it?
  • If my pet gets injured in an accident are they covered?
  • Is extra glass coverage worth it?
  • Can my teen drive my company car?
  • Should I have a commercial auto policy?
  • Is my custom paint covered by insurance?
  • Does coverage extend to my business vehicle?

If you’re not sure about those questions but a few of them apply, 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

BMW 4 Series Gran Coupe insurance cost factors

Consumers need to have an understanding of a few of the rating criteria that play a part in calculating the rates you pay for car insurance. If you have some idea of what determines base rates, this allows you to make good choices that could result in big savings. Many different elements are taken into consideration when pricing auto insurance. Most are fairly basic like your driving record, but other criteria are less apparent like your vehicle usage or your vehicle rating.

  • Don’t cut corners with liability insurance – The liability section of your policy is the coverage that protects you when you are determined to be liable for personal injury or accident damage. Liability insurance provides you with a defense in court up to the limits shown on your policy. Liability insurance is pretty cheap as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.
  • Alarms and GPS tracking systems cut car insurance rates – Selecting a car model with anti-theft technology or alarm system can earn a premium discount. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your vehicle from being stolen.
  • Lower coverage deductibles cost more – Physical damage protection, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. A few examples of covered claims would be a broken side mirror, hail damage, or theft. Physical damage deductibles state the amount of money you are required to spend if the claim is covered. The more money you are required to pay out-of-pocket, the lower your rates will be for 4 Series Gran Coupe coverage.
  • Poor driving habits means higher rates – Your driving record has a big impact on rates. Drivers who don’t get tickets pay lower auto insurance prices compared to bad drivers. Getting just one driving citation can boost insurance rates substantially. Drivers who have dangerous citations such as reckless driving, hit and run or driving under the influence might be required by their state to prove financial responsibility with their state’s department of motor vehicles in order to prevent a license revocation.
  • More traffic means higher claims – Choosing to live in a rural area is a positive aspect if you are looking for the lowest rates. Less people living in that area translates into fewer accidents and a lower car theft rate. Urban drivers regularly have much more traffic and longer commutes to work. The longer drive time statistically corresponds to a higher accident and claim rate.

Buyer beware of insurance advertising tricks

Well-known insurance companies like State Farm and Allstate constantly bombard you with television, radio, and online ads. All the ads make the same claim of big savings if you move your policy. How is it possible that every company can sell you cheaper insurance coverage? It’s all in the numbers.

Companies quote their best rates for the driver that earns them the highest profit. For instance, a profitable risk profile may need to be over the age of 50, has no claims, and drives less than 7,500 miles a year. Any customer that fits those parameters is entitled to the best price and will also save quite a bit of money when switching.

Potential customers who cannot meet these criteria will have to pay more expensive rates with the end result being business going elsewhere. If you pay close attention to the ads, they say “people who switch” not “everyone that quotes” save that much when switching. This is how insurance companies can make those claims.

This illustrates why drivers must get auto insurance quotes as often as possible. Because you never know with any certainty which company will have the lowest rates.

Information about specific coverages

Having a good grasp of your car insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on the average car insurance policy.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for expenses such as surgery, rehabilitation expenses, ambulance fees, doctor visits and hospital visits. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

UM/UIM Coverage

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2017 BMW 4 Series Gran Coupe.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages are set the same as your liablity limits.

Liability car insurance

Liability coverage will cover damages or injuries you inflict on other people or property by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for 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. As an example, you may have values of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit which provides one coverage limit without having the split limit caps.

Liability can pay for things such as repair bills for other people’s vehicles, loss of income, pain and suffering, structural damage and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, rock chips in glass, hitting a bird and damage from getting keyed. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage protection

This will pay to fix damage to your 4 Series Gran Coupe resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as damaging your car on a curb, sideswiping another vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.

More choices the merrier

We just showed you a lot of information how to compare 2017 BMW 4 Series Gran Coupe insurance prices online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may even find the lowest prices are with some of the lesser-known companies. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate, GEICO and Progressive.

As you shop your coverage around, do not skimp on coverage in order to save money. There have been many cases where an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim they didn’t have enough coverage. Your strategy should be to purchase plenty of coverage at the best possible price, but don’t skip important coverages to save money.

Lower-priced insurance coverage can be bought on the web and from local agencies, and you need to price shop both to have the best selection. Some insurance companies do not provide online quoting and most of the time these smaller companies sell through independent insurance agencies.

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