BMW i3 Insurance Quotes

You have lots of choices when attempting to insure your BMW vehicle. You can either contact a local agent or go online to check prices from insurance providers. Shopping for auto insurance by comparing rates online can be fast and easy and at the same time you might just save a little.

If shopping for auto insurance online is new to you, it's easy to be confused by the hoards of online companies vying for your business. Getting cheaper insurance rates can be quick and easy. The only requirement is to invest a few minutes to get quotes provided by online insurance companies. This is very easy and can be done by completing this short form.

Which factors influence car insurance premiums?

Auto insurance rates paid to insure a BMW i3 can be significantly different depending on several factors. Taken into consideration are:

Higher performance i3 vehicles cost more
How many accidents you have had
Whether you insure your home with the same company
How you use your vehicle
Special coverage such as replacement cost
Claims drive up premiums
Having current coverage saves
Whether you rent or own your home

A final factor that will help determine i3 insurance rates is the model year. New vehicles have a higher replacement value in comparison to later models so the cost to replace them may end up costing you more. On the flip side, new BMW models may have a trim level with safety features like a backup camera, dual-stage airbags, and an advanced theft deterrent system that may help give discounted rates.

For you to have a better understanding of how much rates will be for your vehicle, select the year of your i3 from available model years below.

Auto liability insurance

This coverage provides protection from damages or injuries you inflict on a person or their property by causing an accident. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so consider buying as large an amount as possible.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from vehicles that are older. It's also possible to bump up the deductible to get cheaper i3 insurance rates.

Comprehensive insurance

This pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by your BMW i3 comprehensive insurance. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle's value is low consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle when other motorists either have no liability insurance or not enough. Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for expenses (i.e. doctor visits, EMT expenses, and X-ray expenses). They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage.

How Much are BMW i3 Insurance Rates?