2014 BMW X6 Insurance Quotes

Shoppers have lots of choices when shopping for the lowest priced BMW X6 insurance. You can either waste hours driving around trying to get quotes or save time using the internet to compare rates. There is a better way to buy insurance and we’ll show you the absolute fastest way to quote coverages on a BMW and locate the cheapest rates from local insurance agents and online providers.

Ways to get insurance coverage quotes

There are multiple methods to compare insurance coverage prices but one way is less labor-intensive and much quicker. You could spend your day discussing policy coverages with insurance companies in your area, or you could save time and use online quoting to accomplish the same thing much quicker.

Most of the best insurance companies participate in a marketplace that allows shoppers to send in one quote, and at least one company then returns a price quote based on that data. This saves time by eliminating quote forms to each individual insurance coverage company.

To submit your quote information now, click to open in new window.

The only drawback to doing it this way is you don’t know exactly the insurers to get quotes from. If you wish to select individual companies for rate comparison, we put together a list of the cheapest insurance coverage companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just make sure you are using exactly the same deductibles and coverage limits for each price quote. If your comparisons have unequal deductibles or liability limits it’s not possible to determine which rate is truly the best.

Beware of misleading insurance ads

Consumers can’t ignore all the ads that claim the lowest premium rates by companies like Progressive, Allstate and Geico. All the ads advertise the message that drivers can save some big amount just by switching to them.

It sounds good, but how can they all charge less that you’re paying now? It’s all in how they say it.

Insurance providers give the best rates for the type of customer that will not have excessive claims. For example, this type of risk profile might be a female over age 40, owns a home, and has a short commute. Someone that meets those criteria will get the preferred car insurance rates and will most likely save if they switch.

Drivers who may not quite match the ideal profile will probably have to pay higher prices and ends up with the driver buying from a lower-cost company. If you listen closely, the ads state “customers who switch” but not “everyone who gets a quote” save that much when switching. This is how insurance companies can state the savings. This emphasizes why it is so important to compare quotes as often as possible. It is impossible to predict which insurance companies will have the lowest car insurance rates for your situation.

Why your insurance costs might be higher

Many factors are used when you get a price on insurance. Most are fairly basic such as traffic violations, but some are not quite as obvious like your continuous coverage or your commute time.

The items below are a partial list of the pieces utilized by car insurance companies to help set your rates.

  • Liability coverage is critical – A critical coverage on your policy, liability insurance is the coverage that protects you in the event that you are determined to be liable for damages caused by your negligence. Liability provides for a legal defense to attempt to prove you were not liable. This coverage is relatively inexpensive compared to physical damage coverage, so drivers should carry high limits.
  • Consolidate and save – Most major insurance coverage companies give lower prices to clients who consolidate policies with them in the form of a multi-policy discount. Even if you qualify for this discount already, it’s always a smart idea to get quotes from other companies to confirm you are receiving the best rates possible. Drivers may still save even more by insuring with multiple companies.
  • Physical damage deductibles – Insurance for physical damage to your car, aka comp and collision, insures against damage to your BMW. Examples of some claims that would be covered are running into the backend of another car, hail damage, and windstorm damage. Physical damage deductibles define the amount you are willing to pay before a claim is paid by your company. The more money you pay before a claim is paid (deductible), the lower your rates will be on X6 coverage.
  • Lower premiums for safer vehicles – Vehicles with high crash test scores get lower rates. Safe vehicles help reduce the chance of injuries in an accident and fewer serious injuries means lower claim amounts which can mean better rates for you. If your BMW X6 scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.
  • Guys pay higher costs – Statistics have proven that females tend to be a little less risky than males. That doesn’t necessarily mean that males are worse at driving than females. Both sexes are responsible for accidents at a similar rate, but the males cause more damage. Not only that, but men also get cited for more serious violations like reckless driving and DUI.
  • Drive fewer miles and save – The more you drive each year the higher your rates will be. A lot of companies rate vehicles based on their usage. Cars and trucks that sit idle most of the time can be on a lower rate level than vehicles that are driven to work every day. Ask your agent if your vehicle rating is rated on annual mileage. Having the wrong rating on your X6 may be costing you.

Cheaper rates with these insurance discounts

Companies offering auto insurance don’t always publicize every available discount in an easy-to-find place, so we break down both well-publicized and also the lesser-known credits available to bring down your rates.

  • Good Student Discount – This discount can save 20 to 25%. The good student discount can last until age 25.
  • Seat Belts Save – Buckling up and requiring all passengers to fasten their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • Policy Bundle Discount – If you can bundle your auto and home insurance and place coverage with the same company you may earn 10% to 20% off each policy.
  • Discount for New Cars – Insuring a new car can be considerably cheaper because newer models have to meet stringent safety requirements.
  • Discounts for Responsible Drivers – Insureds who avoid accidents could pay up to 40% less on X6 coverage than drivers with accidents.
  • Membership in Organizations – Joining certain professional organizations could trigger savings when shopping for insurance.
  • Include Life Insurance and Save – Insurance carriers who offer life insurance give a small discount if you purchase some life insurance too.
  • Save over 55 – Drivers that qualify as senior citizens can possibly qualify for reduced rates on X6 coverage.

You should keep in mind that most of the big mark downs will not be given to the entire cost. Most only cut specific coverage prices like collision or personal injury protection. So when it seems like adding up those discounts means a free policy, companies don’t profit that way.

A few of the larger companies and their possible discounts include:

  • Geico has discounts for anti-lock brakes, emergency military deployment, federal employee, membership and employees, defensive driver, and seat belt use.
  • Travelers offers premium reductions for early quote, new car, driver training, good student, and multi-car.
  • Nationwide discounts include easy pay, Farm Bureau membership, good student, accident-free, multi-policy, defensive driving, and anti-theft.
  • Farmers Insurance includes discounts for bundle discounts, teen driver, switch companies, homeowner, and business and professional.
  • Esurance may have discounts that include emergency road assistance, defensive driver, multi-car, claim free, renters, and homeowner.
  • State Farm may include discounts for good driver, good student, student away at school, Steer Clear safe driver discount, defensive driving training, and Drive Safe & Save.
  • Progressive offers discounts including good student, multi-vehicle, homeowner, online signing, continuous coverage, online quote discount, and multi-policy.
  • Mercury Insurance may offer discounts for anti-theft, ease of repair, good student, multi-car, low natural disaster claims, multi-policy, and annual mileage.

If you need lower rates, check with each company or agent which discounts can lower your rates. Some of the discounts discussed earlier may not apply to policies in your area. To choose companies that offer many of these discounts, follow this link.

Auto insurance can get complicated

When it comes to choosing adequate coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might help in determining if you might need an agent’s assistance.

  • Is other people’s property covered if stolen from my vehicle?
  • Are my friends covered when driving my car?
  • When should my teen driver be added to my policy?
  • Am I missing any policy discounts?
  • Am I covered if I wreck a rental car?
  • How much underlying liability do I need for an umbrella policy?
  • Is my camper covered by my car insurance policy?
  • What is the rate difference between pleasure use and commuting?
  • Should I have a commercial auto policy?
  • How does medical payments coverage work?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form. It only takes a few minutes and you can get the answers you need.

Car insurance 101

Understanding the coverages of your auto insurance policy helps when choosing appropriate coverage for your vehicles. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as hitting a bird, rock chips in glass, damage from a tornado or hurricane, damage from getting keyed and theft. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage protection

This will pay to fix damage to your X6 caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as rolling your car, scraping a guard rail and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like prosthetic devices, chiropractic care and dental work. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers you and your occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Liability car insurance

This protects you from injuries or damage you cause to people or other property by causing an accident. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

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. As an example, you may have policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things like repair bills for other people’s vehicles, medical expenses, pain and suffering and attorney fees. The amount of liability coverage you purchase is up to you, but you should buy higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your BMW X6.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

In Summary

We just presented a lot of information how to lower your 2014 BMW X6 insurance premium rates. The most important thing to understand is the more price quotes you have, the better likelihood of getting the cheapest insurance coverage. Consumers could even find that the biggest savings come from a lesser-known regional company.

When getting insurance coverage quotes online, it’s very important that you do not skimp on coverage in order to save money. There are a lot of situations where drivers have reduced liability coverage limits only to find out that it was a big mistake. The goal is to find the BEST coverage at a price you can afford, but do not skimp to save money.

Budget-friendly insurance coverage can be found online and with local insurance agents, and you should be comparing both in order to have the best chance of saving money. Some companies may not provide online rate quotes and these smaller companies sell through local independent agents.

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