2006 BMW 3 Series Insurance Quotes – 8 Tips for Cheaper Rates

Searching for better insurance coverage rates for your BMW 3 Series? Trying to come up with a payment for pricey insurance coverage can stress out your savings account and possibly require postponing other expenditures. Price shopping at each renewal is a great way to slash your bill and have more diposable income.

Big companies like Allstate and Progressive all claim big savings with advertising and it can be hard to ignore the flashy ads and effectively compare rates to find the best deal.

If you are paying for car insurance now, you will most likely be able to reduce your rates substantially using this strategy. Buying car insurance is easy if you know what you’re doing. But consumers must learn the methods companies use to price insurance differently.

Compare free car insurance price quotes

Shopping for lower car insurance rates can be a lot of work if you don’t understand the easiest way. You can spend your afternoon discussing policy coverages with agents in your area, or you can stay home and use the internet to get prices fast.

Most of the larger companies belong to an insurance system where insurance shoppers submit their information once, and every company then returns a price quote based on that information. This prevents consumers from doing quote requests for every car insurance company.

To find out how much you can save on car insurance click here to start a free quote.

The only drawback to using this type of form is buyers cannot specifically choose the providers you want pricing from. If you prefer to choose from a list of companies to compare rates, we put together a list of low cost car insurance companies in your area. View list of insurance companies.

Take whichever approach you prefer, but double check that you are using apples-to-apples deductibles and coverage limits on every quote you get. If you use mixed coverages it will be impossible to determine the best price for your BMW 3 Series. Just slight variations in insurance coverages or limits can make a big difference in price. And when price shopping your coverage, comparing a wide range of rates helps increase your odds of locating the best price. Not every company provides price estimates online, so you also need to get price quotes from them as well.

Tailor your insurance coverage to you

When it comes to buying coverage for your personal vehicles, there really is not a best way to insure your cars. Every situation is different and your policy should reflect that. For example, these questions might help in determining whether your personal situation may require specific advice.

• Do all my vehicles need collision coverage?
• Am I covered when delivering products for my home-based business?
• Will my vehicle be repaired with OEM or aftermarket parts?
• I have health insurance so do I need medical payments coverage?
• What vehicles should carry emergency assistance coverage?
• Do I pay less if my vehicle is kept in my garage?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Parts of your insurance policy

Knowing the specifics of your policy can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages found on the average insurance policy.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your BMW 3 Series.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision coverage

This coverage pays to fix your vehicle from damage from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as hitting a mailbox, backing into a parked car, scraping a guard rail and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as vandalism, hitting a deer and hitting a bird. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like EMT expenses, chiropractic care and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Auto liability

This provides protection from damage or injury you incur to a person or their property. 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 limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Another option is a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as bail bonds, court costs, emergency aid, structural damage and medical services. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.