2018 BMW 3 Series Car Insurance Quotes – 5 Policy Discounts

Searching for the cheapest insurance rates for your BMW 3 Series? Have you had enough of sacrificing other expenses each month for insurance? Your situation is no different than many other consumers.

People have multiple auto insurance companies to buy insurance from, and though it is a good thing to have a selection, so many choices can make it hard to compare rates and cut insurance costs.

It’s a good habit to quote other rates every six months because prices are variable and change quite frequently. Even if you think you had the best price on 3 Series insurance on your last policy there may be better deals available now. You’ll find quite a bit of inaccurate information about insurance on the web, but in just a couple of minutes you can learn some good information on how to save money.

Choosing the best insurance company for you is quite easy. If you currently have car insurance, you will be able to reduce your rates substantially using these tips. But car owners should learn the way companies price online insurance.

Which insurance is cheapest?

Most major insurance companies such as 21st Century, Allstate and State Farm provide pricing from their websites. Obtaining pricing is easy for anyone because it’s just a matter of typing in your personal and coverage information into a form. Once entered, the quote system requests reports for credit and driving violations and returns a price based on these factors. This helps simplify price comparisons, but the time required to go to several different sites and type in the same information can get tiresome after awhile. But it’s also necessary to have as many quotes as possible in order to find lower prices.

An easier way to find better insurance pricing requires only one form to get prices from a lot of companies. It saves time, requires less work, and makes rate comparisons a lot less work. After sending your information, your coverage is rated and you are able to buy any or none of the resulting price quotes. If you find a better price it’s easy to complete the application and purchase the new policy. This process only takes a few minutes and may save quite a bit of money.

To find out what other companies charge, simply click here to open in new window and submit your coverage information. If you have your current policy handy, we recommend you replicate the coverage information exactly as they are listed on your policy. This ensures you’re receiving rate quotes for the exact same coverage.

Cheaper car insurance quotes with discounts

The price of auto insurance can be rather high, but you may find discounts that could help you make your next renewal payment. Some of these disounts will be visible at the time of quoting, but a few must be specially asked for prior to getting the savings.

  • Auto/Life Discount – Select companies reward you with a lower price if you buy some life insurance in addition to your auto policy.
  • Safety Course Discount – Taking a class that teaches safe driver techniques is a good idea and can lower rates depending on where you live.
  • Seat Belts Save – Drivers who require all occupants to buckle up may be able to save a few bucks off the personal injury premium cost.
  • Low Miles Discount – Low annual miles could qualify for substantially lower premium rates.
  • Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off on 3 Series insurance with select insurance companies.

While discounts sound great, it’s important to understand that most credits do not apply the the whole policy. Some only reduce specific coverage prices like physical damage coverage or medical payments. Even though it may seem like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

Insurance companies that possibly offer some of the above discounts include:

Double check with every prospective company which discounts they offer. Some discounts listed above might not be offered in your area. To find companies offering car insurance discounts, follow this link.

Tailor your insurance coverage to you

When it comes to choosing the right insurance coverage, there really is no single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions can help discover whether your personal situation may require specific advice.

  • Is my custom paint covered by insurance?
  • Do I have coverage when using my vehicle for my home business?
  • Are my friends covered when driving my car?
  • What is an SR-22 filing?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Can my teen drive my company car?
  • Are my tools covered if they get stolen from my vehicle?
  • Are my friends covered when driving my 2018 BMW 3 Series?
  • Will my rates increase for filing one claim?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Educate yourself about auto insurance coverages

Having a good grasp of auto insurance helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Listed below are typical coverage types found on the average auto insurance policy.

Comprehensive auto insurance – This coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as falling objects, theft, damage from flooding, hail damage and fire damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision – Collision coverage pays for damage to your 3 Series caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a mailbox, sustaining damage from a pot hole and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as ambulance fees, chiropractic care and surgery. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible

Liability – This provides protection from injuries or damage you cause to a person or their property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against claims like funeral expenses, structural damage and bail bonds. How much liability should you purchase? That is a personal decision, but buy as high a limit as you can afford.