Trying to find better car insurance rates for your BMW 8 Series? Having to pay for pricey BMW 8 Series insurance can take a big chunk out of your savings account and possibly require you to analyze your spending habits. Doing a rate analysis is a smart way to ensure you are getting the best deal.
Due to the fact that there are so many companies to choose from, it can be diffult for drivers to pick the lowest price insurer.
Car insurance companies do not list all disounts very clearly, so we researched both well-publicized and the more hidden credits available to you. If you don’t get every credit possible, you are paying more than you should be.
Keep in mind that some of the credits will not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, it just doesn’t work that way.
Popular insurance companies and their offered discounts are:
If you need low cost car insurance quotes, ask every prospective company how many discounts you can get. Some discounts listed above might not apply everywhere. To see insurance companies that offer many of these discounts, click here to view.
When choosing proper insurance coverage, there really is not a single plan that fits everyone. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if your insurance needs would benefit from professional advice.
If you’re not sure about those questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.
Having a good grasp of your policy aids in choosing appropriate coverage for your vehicles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverage types available from insurance companies.
Personal Injury Protection (PIP) and medical payments coverage pay for expenses such as pain medications, chiropractic care and ambulance fees. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 1991 BMW 8 Series.
Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.
This coverage will pay to fix damage to your 8 Series caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like backing into a parked car, crashing into a building and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.
Liability coverage protects you from damage that occurs to people or other property by causing an accident. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.
Liability coverage pays for things such as court costs, attorney fees, structural damage, loss of income and emergency aid. How much coverage you buy is up to you, but consider buying as much as you can afford.
This coverage pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as a broken windshield, a tree branch falling on your vehicle and theft. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Some companies may not provide rates over the internet small insurance companies prefer to sell through local independent agencies. Lower-priced auto insurance can be sourced online and from local agencies, so you need to compare both so you have a total pricing picture.
When searching for affordable car insurance quotes, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many cases, consumers will sacrifice collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to find the BEST coverage at the lowest possible cost while still protecting your assets.
I’m in the west part of Allentown, PA. Went online for free insurance quotes for a 1991 BMW 8 Series. Ended up at about $110 savings annually. Went with State Farm. Hardly afford to drive anymore. Next renewal I’ll just do liability.
Cheaper car insurance is a myth. I live on the north side of Reno, NV. Quoted prices online for a 1991 BMW 8 Series. Ended up at about $90 savings annually. Went with State Farm. Left Allstate to switch. They have a lot of discounts available. They offer free online rate quotes. I dropped full coverage awhile back.
Nice info. Went with Erie for my BMW and saved about $100 a year. Insured with American Family before.
Will State Farm raise rates for a rock chip claim?
Cheaper car insurance is a myth. I live just to the west of Virginia Beach, VA. Got rates from Auto-Owners, Esurance, and MetLife for my BMW and I think I am saving around $20 each month. Was with MetLife. Ask about discounts. I just quoted rates online. My 8 Series doesn’t have full coverage.
Found cheapest coverage with Hartford for my 1991 BMW 8 Series and cut my rates about $100 a year. Left Western Auto Insurance to switch. I just quoted rates online.
Hope my car insurance gets cheaper. I’m from Fargo, ND. Quoted with Progressive, Amica, and some I forget for my 8 Series and I think I saved around $20 each month. Insured with Safeco before. I’m a pretty good driver though. I don’t put full coverage on it.
Good site, thanks. From northwest of Omaha, NE. Can’t remember who all I quoted but I ended up saving about $20 each month. Highly recommended. It’s too old for full coverage.
Cheaper not always better. I live on the west side of Philadelphia, PA. Got free quotes online for a 1991 BMW 8 Series. Ended up at about $100 savings annually. Went with 21st Century. I dropped full coverage awhile back.
Compared rates with 21st Century and AIG Insurance but still pricey.
Here’s what I found out. Located in Memphis, Tennessee. I got free quotes with Sentry, Erie, Progressive, and AAA for my BMW and saved just over $60 a year. Left The General to switch. I don’t have comp or collision coverage.
I’m from Portland, ME. Got prices from State Farm, Auto-Owners, Esurance, and GMAC for my BMW and saved $119 a year. Left Safeco to switch. I have kids on my policy, too. Not worth enough to pay for comprehensive and collision.
Cheapest quote for my 1991 BMW 8 Series was with Esurance. LOL When should I drop full coverage?
Cheapest quote for my 1991 BMW 8 Series was with Esurance. Left 21st Century to switch.
It all costs too much. I’m just west of Little Rock, Arkansas. Got car insurance quotes from 21st Century, American Family, and Farmers for my 1991 BMW 8 Series and saved around $90 a year. Just go online and compare their rates. Only insure liability on my 8 Series.
I’m in the suburbs of Bangor, ME. Got car insurance quotes with AIG Insurance, Nationwide, and Western Auto Insurance for my BMW and saved around $90 a year. Insured with State Farm before. Teenage drivers are expensive! I think I’ll get rid of full coverage next time.
If you have a good history and live around Buffalo, NY, check out Progressive. They seem to be cheaper. Left Auto-Owners to switch. I even had a DUI years ago. Can still barely afford it.
Allstate quoted the best rates in Arkansas.