Cheap 1994 BMW 8 Series Car Insurance Quotes

Looking for lower car insurance rates for your BMW 8 Series? Finding low-cost insurance for a BMW 8 Series can be an all-consuming task, but you can follow our car insurance buying tips and make it easy.

There is a right way and a wrong way to buy car insurance and we’ll show you the proper way to compare rates for your BMW and obtain the cheapest rates.

Consumers should take time to get comparison quotes every six months since insurance prices are constantly changing. If you had the best rates on 8 Series insurance a year ago you can probably find a better premium rate now. Ignore everything you know about car insurance because you’re about to find out how to quote online to find great coverage at a great price.

Finding the lowest cost auto insurance coverage is simple if you know the tricks. If you have a policy now or are shopping for new coverage, you can use these tips to get lower rates and still get good coverage. Drivers just need to understand the tricks to compare rates online.

Get cheap auto insurance quotes with discounts

Properly insuring your vehicles can get expensive, but you may qualify for discounts to cut the cost considerably. Some of these disounts will be visible at the time of quoting, but some discounts are required to be asked for before they will apply.

• Defensive Driver Discount – Passing a course that instructs on driving safety could cut 5% off your bill and make you a better driver.
• Auto/Home Discount – When you combine your auto and homeowners insurance with one insurance company they may give you a discount of up to 20% and get you inexpensive car insurance.
• Payment Method – If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
• Claim Free – Insureds with no claims or accidents can earn big discounts when compared to bad drivers.
• Distant Student Discount – College-age children who are attending college and do not have a car may qualify for this discount.

As a disclaimer on discounts, most discount credits are not given to all coverage premiums. Most only cut the price of certain insurance coverages like medical payments or collision. So when the math indicates you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

A few of the larger companies and some of the discounts are outlined below.

• Progressive offers discounts for multi-vehicle, online quote discount, online signing, good student, homeowner, and multi-policy.
• The Hartford may include discounts for air bag, good student, driver training, bundle, defensive driver, anti-theft, and vehicle fuel type.
• Mercury Insurance policyholders can earn discounts including annual mileage, professional/association, accident-free, multi-car, good student, and location of vehicle.
• Geico may offer discounts for seat belt use, five-year accident-free, air bags, good student, defensive driver, and anti-theft.
• AAA may have discounts that include pay-in-full, good student, good driver, education and occupation, anti-theft, multi-car, and multi-policy.
• State Farm has discounts for Steer Clear safe driver discount, safe vehicle, multiple policy, good student, and Drive Safe & Save.

Check with each insurance company the best way to save money. Some credits may not apply to policyholders everywhere. If you would like to see a list of companies with the best auto insurance discounts, click here.

Tailor your auto insurance coverage to you

When choosing the best auto insurance coverage, there is no “perfect” insurance plan. Each situation is unique.

For instance, these questions may help highlight if your insurance needs might need an agent’s assistance.

• Should I buy additional glass protection?
• Am I covered if I wreck a rental car?
• Is a new car covered when I drive it off the dealer lot?
• I have a DUI can I still get coverage?
• Does insurance cover damages from a DUI accident?
• Should I buy only the required minimum liability coverage?
• Do I really need UM/UIM coverage?
• Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and can provide invaluable advice.

Coverage specifics

Having a good grasp of your auto insurance policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your 1994 BMW 8 Series.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Most of the time these limits are set the same as your liablity limits.

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as vandalism, theft, a tree branch falling on your vehicle and hitting a deer. The most a auto insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability coverages

This protects you from damage or injury you incur to people or other property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Another option is a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as medical expenses, bail bonds and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but buy as much as you can afford.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for immediate expenses like doctor visits, X-ray expenses, chiropractic care and funeral costs. They can be utilized in addition to your health insurance plan or if you do not have health coverage. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Coverage for collisions

This coverage will pay to fix damage to your 8 Series caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like rolling your car, sustaining damage from a pot hole, damaging your car on a curb and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Shop. Compare. Save.

Cheaper 1994 BMW 8 Series insurance can be found from both online companies and from local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some companies may not offer the ability to get a quote online and most of the time these small insurance companies only sell coverage through independent agents.

We covered many ideas to shop for 1994 BMW 8 Series insurance online. The key thing to remember is the more rate quotes you have, the better your comparison will be. You may even find the lowest prices are with some of the lesser-known companies.

As you go through the steps to switch your coverage, it’s a bad idea to buy poor coverage just to save money. There are many occasions where someone sacrificed full coverage only to find out that the small savings ended up costing them much more. Your goal should be to get the best coverage possible at the best cost while still protecting your assets.

Additional information

• How do I File a Claim? (Insurance Information Insitute)
• Auto Insurance Basics (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)
• Airbag FAQ (iihs.org)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Young Drivers: The High Risk Years Video (iihs.org)