Save on 1999 BMW 5 Series Car Insurance Quotes

Drivers have a choice when trying to find affordable BMW 5 Series insurance. They can either spend hours contacting agents to compare prices or use the internet to compare rates. There are both good and bad ways to compare insurance coverage rates and you need to know the quickest way to quote coverages on a BMW and find the lowest price either online or from local insurance agents.

Cheapest insurance coverage price quotes

Reducing your 1999 BMW 5 Series insurance rates can be surprisingly simple. The only thing you need to do is take a few minutes comparing free insurance quotes to find. Comparing prices online can be done using a couple different methods.

One of the best ways to get the best comparison quotes is to use a rate comparison form click here to open form in new window. This type of form keeps you from doing separate forms for every company. One form will return price quotes instantly. This is by far the quickest method.

A less efficient way to get comparison quotes is to take the time to go to each individual company website to complete a price quote. For sake of this example, we’ll assume you want to see prices from Nationwide, 21st Century and GMAC. In order to compare rates, you need to take the time to go to each site to enter the same coverage data repeatedly, which is why first method is reommended.

To view a list of companies in your area, click here.

The method you choose is up to you, but double check that you are using exactly the same quote data for every company. If you compare different values for each quote it will be impossible to determine the best price for your BMW 5 Series.

How much insurance coverage do I need?

When choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s.

For instance, these questions can aid in determining whether your personal situation might need an agent’s assistance.

  • Should I get collision insurance on every vehicle?
  • Is my dog or cat covered if injured in an accident?
  • Should I bundle my homeowners policy with my auto?
  • How much can I save by bundling my policies?
  • Should I have combined single limit or split liability limits?
  • Does insurance cover tools stolen from my truck?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can help protect your family.

Car insurance coverages for a BMW 5 Series

Learning about specific coverages of a auto insurance policy helps when choosing which coverages you need for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your BMW 5 Series.

Due to the fact that 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.

Collision insurance

Collision insurance pays for damage to your 5 Series from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like hitting a mailbox, crashing into a building, backing into a parked car, sideswiping another vehicle and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses such as surgery, dental work and prosthetic devices. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability

Liability coverage protects you from damages or injuries you inflict on people or other property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things such as repair costs for stationary objects, loss of income, repair bills for other people’s vehicles and legal defense fees. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive auto insurance

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like theft, a tree branch falling on your vehicle and damage from flooding. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.