Vehicles > BMW > 1 Series

BMW 1 Series Insurance Cost

Comparing auto insurance on the web can be fast and easy, plus you may find lower rates. The most important part is to take the time to get as many rate quotes as possible so you can compare the lowest rate quotes.

If you've never shopped for auto insurance online, you may be overwhelmed by the hoards of auto insurance companies selling insurance. Lowering your 1 Series insurance rates isn't really that difficult. You just need to take a few minutes to compare quotes provided by online insurance companies. This can be done by visiting this page.

Rates are determined by the following

Insurance premiums for a BMW 1 Series can vary widely depending on several factors. Including but not limited to:

  • A clean driving record keeps rates low
  • Credit rating
  • Male rates may be higher
  • Higher deductibles save money
  • Crash test rating for your 1 Series
  • Whether or not you have claims
  • Having current coverage saves
  • Home ownership saves money

One important consideration that can impact your rates is the age of the vehicle. A newer vehicle have a higher value compared to older BMW models so the cost to replace them can inflate annual premiums. On the flip side, newer vehicles have more advanced features like a telematics system, blind-spot warning system, and sideview assist mirrors which can provide discounts that lower premiums.

For you to have a better understanding of how rates are influenced for your specific model year, select the year of your vehicle from the list below.

Liability car insurance

This coverage can cover damage or injury you incur to other people or property. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Coverage is generally pretty cheap so buy higher limits if possible.

Collision insurance

This coverage covers damage to your BMW caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in. 1 Series collision insurance is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper 1 Series insurance cost.

Comprehensive auto insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Because many people only purchase the least amount of liability that is required, it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for immediate expenses like EMT expenses, pain medications, and nursing services. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage.

How Much are BMW 1 Series Insurance Rates?