Cheap 1993 BMW 8 Series Car Insurance Rates

No sane person gets a kick out of paying for auto insurance, in particular when the cost is too high.

Many auto insurance companies vie to insure your vehicles, so it’s not easy to compare every insurance company and uncover the absolute lowest rate possible.

Quote insurance coverage online

There are multiple methods to compare insurance coverage quotes, but there is one way that is less time-consuming than others. You could spend the better part of a day talking about coverages with agents in your area, or you could use online quotes to get prices fast.

Most car insurance companies belong to a marketplace that allows shoppers to submit one quote, and each company returns a rated price based on that information. This prevents consumers from doing quotation requests for each company you want a rate for.

To use this form to compare rates click to open in new window.

The one disadvantage to getting quotes like this is buyers cannot specifically choose which providers to receive prices from. So if you want to choose specific providers to request quotes from, we have assembled a list of the cheapest insurance coverage companies in your area. Click here to view list.

Compare rates however you want, just double check that you are using the same coverages and limits for each price quote. If you are comparing different data it will be next to impossible to make an equal comparison. Slightly different limits could throw off the whole comparison. And when comparison shopping, comparing a large number of companies will increase your chances of finding a lower rate than you’re paying now.

Tailor your insurance coverage to you

When it comes to buying the right insurance coverage for your vehicles, there is no cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions may help highlight if you could use an agent’s help.

• Are all vehicle passengers covered by medical payments coverage?
• Should I put collision coverage on all my vehicles?
• Am I covered when using my vehicle for business?
• How high should my medical payments coverage be?
• How much liability coverage do I need in my state?
• Should I sign the liability waiver when renting a car?
• Does insurance cover damages from a DUI accident?
• When can my company non-renew my policy?
• Am I getting all the discounts available?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Specific coverage details

Learning about specific coverages of insurance can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Shown next are the normal coverages found on most insurance policies.

Uninsured and underinsured coverage

This coverage gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries to you and your family and damage to your 1993 BMW 8 Series.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Comprehensive coverages

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as a broken windshield, a tree branch falling on your vehicle, theft and falling objects. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like surgery, doctor visits, nursing services, ambulance fees and funeral costs. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Collision protection

This coverage will pay to fix damage to your 8 Series from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, colliding with a tree, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Liability coverages

Liability insurance can cover injuries or damage you cause to people or other property. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

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. You might see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability can pay for things like medical services, repair bills for other people’s vehicles and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.