How Much Does 2014 BMW 3 Series Gran Turismo Car Insurance Cost?

Locating cheaper insurance for your BMW 3 Series Gran Turismo can turn out to be an all-consuming task, but you can learn our insurance buying tips and make it easy. There are both good and bad ways to find insurance online so you’re going to learn the quickest way to quote coverages for your BMW and find the lowest price either online or from local insurance agents.

It’s a good idea to do rate comparisons yearly because prices go up and down regularly. Even if you got the lowest price for 3 Series Gran Turismo coverage last year the chances are good that you can find a lower rate quote today. You can search a lot of insurance on the web, but in this article, you’re going to get the easiest ways to reduce your insurance bill.

How to get free insurance coverage quotes online

Finding more affordable insurance coverage prices doesn’t have to be difficult. You just have to invest a few minutes comparing rates from different insurance companies. You can get a good selection of rate quotes by using one of the methods below.

  • The simplest way to get quotes for comparison is to use a rate comparison form click to view form in new window. This method eliminates the need for repetitive form submissions for each price estimate. Filling out one form compares rates from several companies. Just one form and you’re done.
  • A different way to obtain and compare quotes online consists of going to each company website and complete a new quote form. For example, we’ll pretend you are doing a rate comparison from Geico, Liberty Mutual and Farmers. You would have to go to each individual site and enter your information, and that’s why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

The method you choose is up to you, but try to use nearly identical quote information on every quote you get. If your comparisons have differing limits you will not be able to decipher which rate is best.

Insurance advertising tricks

Consumers can’t get away from all the ads that claim the best premium rates from the likes of State Farm and Allstate. They all seem to seem to make the promise that you can save just by switching to them.

How does every insurance coverage company lower your premium rates? It’s all in the numbers.

Insurance companies quote the lowest rates for the type of driver that will add to their bottom line. One example of a desirable insured may need to be between the ages of 30 and 45, has never had a claim, and does not commute to work. Anybody who matches those parameters receive the lowest rate quotes and have a good chance to save money with a new company.

Insureds who are not a match for these standards will probably be forced to pay higher premium rates and this results in the prospect going elsewhere. If you pay attention, the ads say “customers that switch” but not “everyone who gets a quote” save the amount stated. That is how insurance companies can confidently claim big savings. Because of this risk profiling, it is so important to compare rate quotes every year. It is impossible to predict the company that will have better rates than you’re paying now.

Find hidden discounts to get affordable auto insurance quotes

The price of auto insurance can be rather high, but there could be significant discounts that you may not know about. Some of these disounts will be visible when you purchase, but a few must be manually applied before they will apply.

  • Discounts for Government Workers – Being employed by or retired from a federal job could cut as much as 10% off for 3 Series Gran Turismo coverage with certain companies.
  • Discounts for Safe Drivers – Safe drivers can save as much as half off their rates for 3 Series Gran Turismo coverage as compared to drivers with claims.
  • Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices prevent vehicle theft and therefore earn up to a 10% discount.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to enroll in driver’s education as it will make them better drivers and lower rates.
  • Memberships – Belonging to a civic or occupational organization can get you a small discount on your next auto insurance statement.
  • Bundle and Save – If you can bundle your homeowners and auto insurance with one company you could save approximately 10% to 15%.
  • Life Insurance Discount – Not all insurance carriers offer life insurance, but some may give you a discount if you purchase some life insurance too.
  • Discount for Good Grades – A discount for being a good student may save as much as 25% on a auto insurance quote. Earning this discount can benefit you well after school through age 25.
  • Save with More Vehicles Insured – Drivers who insure more than one vehicle on one policy can get a discount for every vehicle.

A little disclaimer on discounts, most credits do not apply the the whole policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like all the discounts add up to a free policy, companies don’t profit that way.

To find insurers that have a full spectrum of discounts, follow this link.

Tailor your auto insurance coverage to you

When choosing proper insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s needs are different.

For example, these questions might point out whether you may require specific advice.

  • What if I don’t agree with a claim settlement offer?
  • Do I have coverage for damage caused while driving under the influence?
  • Do I really need UM/UIM coverage?
  • When can I cancel my policy?
  • What if I owe more than I can insure my car for?
  • What is PIP insurance?
  • Should I bundle my homeowners policy with my auto?
  • How much can I save by bundling my policies?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and may give you better protection.

Coverage specifics

Understanding the coverages of a insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Collision protection

Collision coverage pays for damage to your 3 Series Gran Turismo resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like sideswiping another vehicle, hitting a parking meter and rolling your car. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

UM/UIM Coverage

Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like a broken windshield, a tree branch falling on your vehicle, rock chips in glass, damage from a tornado or hurricane and hail damage. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability

This coverage can cover damage that occurs to people or other property in an accident. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for claims such as pain and suffering, court costs and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like ambulance fees, pain medications, hospital visits and funeral costs. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

A little work can save a LOT of money

As you prepare to switch companies, make sure you don’t sacrifice coverage to reduce premiums. There have been many situations where consumers will sacrifice collision coverage only to discover later they didn’t have enough coverage. The aim is to find the BEST coverage at a price you can afford, not the least amount of coverage.

Discount 2014 BMW 3 Series Gran Turismo insurance can be sourced from both online companies and from local agencies, so you need to quote auto insurance with both to have the best chance of lowering rates. Some auto insurance companies don’t offer the ability to get quotes online and these regional insurance providers provide coverage only through local independent agents.

We covered many ways to shop for 2014 BMW 3 Series Gran Turismo insurance online. It’s most important to understand that the more companies you get prices for, the higher the chance of saving money. You may even find the best premium rates are with an unexpected company.

Helpful articles