1996 BMW 3 Series Car Insurance Rates – 7 Discounts for Cheapest Quotes

Purchasing discount car insurance might seem intimidating for consumers new to quoting and buying their car insurance on the web. With so many companies competing online, how can anyone possibly compare every one to find the best available rates?

Consumers should take time to do rate comparisons before your next renewal because rates change quite often. Even if you got the lowest premium rates on 3 Series insurance last year there may be better deals available now. There are a lot of ways to save on car insurance out there, but we’re going to give you some great ways to quit paying high car insurance rates.

Get lower rates by taking advantage of these seven discounts

Some insurers don’t list the entire discount list in an easy-to-find place, so here is a list some of the best known and also the more inconspicuous discounts that you can inquire about if you buy car insurance online.

  • Clubs and Organizations – Participating in qualifying employment or professional organizations is a simple method to lower premiums on your next insurance statement.
  • Discount for Passive Restraints – Factory air bags can get savings of more than 20%.
  • Save with a New Car – Putting insurance on a new car can save up to 30% because newer vehicles have to meet stringent safety requirements.
  • Theft Prevention System – Cars and trucks with anti-theft systems are stolen with less frequency and that can save you a little bit as well.
  • Driver’s Ed – Have your child successfully complete driver’s ed class as it will make them better drivers and lower rates.
  • Claim-Free Discount – Claim-free drivers have much lower rates when compared to insureds who have frequent claims or accidents.
  • Driving Data Discount – Insureds who allow data collection to monitor vehicle usage by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm might get better premium rates as long as they are good drivers.

One last thing about discounts, most discount credits are not given to the entire policy premium. Some only apply to the cost of specific coverages such as comprehensive or collision. Despite the appearance that all those discounts means the company will pay you, it doesn’t quite work that way.

If you would like to view companies that offer the discounts shown above, follow this link.

Save $491 a year? Really?

Allstate, Geico and Progressive continually stream ads in print and on television. They all advertise claims that drivers will save a bundle just by switching your coverage. But how can every company charge you a lower premium? It’s all in the wording.

Insurance providers have specific guidelines for the type of driver that will add to their bottom line. A good example of a profitable insured should be a female over age 40, carries high limits, and has excellent credit. Any person who matches that profile will get low rates and therefore will save money with a new company.

Potential insureds who don’t meet this ideal profile will be charged higher premium rates which usually ends up with the prospect going elsewhere. If you listen closely, the ads state “people who switch” not “all people who quote” save that much money. That is how insurance companies can confidently make those statements.

Because of these techniques, it is so important to compare free car insurance quotes often. Because without a comparison, you cannot know which company will provide the lowest prices.

How much insurance coverage do I need?

When buying the best insurance coverage coverage, there isn’t really a perfect coverage plan. Everyone’s situation is unique.

For instance, these questions could help you determine whether or not you might need an agent’s assistance.

  • Who is covered when they drive my 1996 BMW 3 Series?
  • Can I rent a car in Mexico?
  • Does my 1996 BMW 3 Series need full coverage?
  • Why do I need rental car insurance?
  • Do I really need UM/UIM coverage?
  • Why does it cost so much to insure a teen driver?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, complete this form.

Parts of your car insurance policy

Knowing the specifics of a car insurance policy can help you determine appropriate coverage for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement.

Collision coverages – This will pay to fix damage to your 3 Series resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things such as rolling your car, crashing into a building, sustaining damage from a pot hole and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Liability coverage – This coverage can cover injuries or damage you cause to other’s property or people by causing an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as medical expenses, court costs, legal defense fees, loss of income and bail bonds. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive coverage – This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, vandalism and a broken windshield. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Usually these limits do not exceed the liability coverage limits.

Medical payments coverage and PIP – Med pay and PIP coverage reimburse you for short-term medical expenses for hospital visits, surgery, funeral costs, dental work and chiropractic care. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Final thoughts

When getting car insurance quotes online, make sure you don’t skimp on critical coverages to save a buck or two. Too many times, someone sacrificed liability limits or collision coverage only to discover later that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find at a price you can afford, but don’t skip important coverages to save money.

Affordable 1996 BMW 3 Series insurance is possible online in addition to local insurance agencies, so you need to quote car insurance with both to have the best chance of lowering rates. Some insurance companies do not offer online price quotes and many times these smaller companies only sell coverage through independent agents.

People who switch companies do it for a number of reasons such as not issuing a premium refund, high prices, unfair underwriting practices and delays in responding to claim requests. It doesn’t matter what your reason, finding the right auto insurance provider is less work than it seems.

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