BMW 5 Series Insurance

Finding cheaper car insurance by comparing rates online saves time, is easy to do and there is a good chance you may find lower rates. The key to finding lower rates is getting rates from all companies in order to have every possible rate.

Finding the best direct price on car insurance can be a challenge if you are a beginner to quoting online. But don't be discouraged because we're going to show you how. The are a couple different ways to compare quotes from local car insurance companies. The best way to compare 5 Series insurance cost is to perform an online rate comparison. This can be accomplished by comparing rates here.

Insurance premiums on a BMW 5 Series can be significantly different and are calculated by many factors. Some of these factors include:

Tickets increase premiums
Better credit means lower rates
The size of your community
The number of annual miles
Your gender can raise or lower rates
Deductible amount directly impacts your rate
Safety rating of your 5 Series
Your job
Your coverage level
Whether you own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old cost less compared to new BMW models so the cost to replace them may end up costing you less. On the flip side, newer models have more advanced features like a collision avoidance system, all-wheel drive, a telematics system, and tire pressure monitors that may help lower rates.

For you to have a better understanding of how rates are influenced for your specific model year, select the year of your vehicle below.

Auto liability insurance

This protects you from damage that occurs to people or other property that is your fault. Liability coverage protects against things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so buy as large an amount as possible.

Collision coverage protection

This pays for damage to your BMW 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 coverage for your 5 Series can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to get cheaper 5 Series insurance quotes.

Comprehensive insurance

This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay. The highest amount you'll receive from a claim is the cash value of the vehicle, so if it's not worth much more than your deductible consider dropping full coverage.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle's occupants when other motorists do not carry enough liability coverage. Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for short-term medical expenses like nursing services, prosthetic devices, and dental work. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. PIP coverage is not available in all states and gives slightly broader coverage than med pay.

How Much are BMW 5 Series Insurance Rates?

BMW 5 Series Insurance Quotes

Compare BMW 5 Series insurance rates