Lower Your 1999 BMW M Insurance Quotes

Searching for cheaper auto insurance rates for your BMW M? If you are new to getting car insurance quotes online, you can be bewildered because of the huge number of auto insurance companies all promising to save you money.

The method we recommend to get rate comparisons is to take advantage of the fact car insurance companies actually pay money for the chance to provide you with a free rate quote. To get started, all you need to do is give the companies some data like if you went to college, your general credit rating, whether you are single or married, and driver details. Your rating data is automatically sent to multiple different insurance companies and you receive quotes with very little delay.

If you wish to get multiple quotes for your 1999 BMW M now, click here and find out if lower rates are available.

Use discounts on car insurance

Properly insuring your vehicles can get expensive, but you may find discounts that you may not know about. Some discounts will apply when you get a quote, but lesser-known reductions have to be requested specifically before you will receive the discount.

• Air Bags and Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20 to 30 percent.
• Renewal Discounts – A few car insurance companies offer discounts for buying a new policy prior to your current policy expiration. This discount can save up to 10%.
• Savings for New Vehicles – Buying a new car model is cheaper because newer vehicles keep occupants safer.
• Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems have a lower chance of being stolen and will qualify for a discount on a car insurance quote.
• Life Insurance – If the company offers life insurance, you could get a discounted premium rate on car insurance if you buy life insurance from them.
• Save with More Vehicles Insured – Buying a policy with multiple cars or trucks with one company can get a discount on all vehicles.
• Good Grades Discount – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.

A little note about advertised discounts, some credits don’t apply to the overall cost of the policy. Most only cut individual premiums such as liability and collision coverage. So even though it sounds like it’s possible to get free car insurance, you won’t be that lucky.

Popular car insurance companies and their offered discounts include:

• Geico includes discounts for defensive driver, seat belt use, emergency military deployment, anti-theft, and multi-policy.
• MetLife may offer discounts for claim-free, multi-policy, good student, defensive driver, accident-free, and good driver.
• State Farm has savings for student away at school, safe vehicle, accident-free, Steer Clear safe driver discount, good driver, anti-theft, and Drive Safe & Save.
• Progressive offers discounts including homeowner, good student, online signing, multi-policy, and continuous coverage.
• Mercury Insurance discounts include low natural disaster claims, good driver, annual mileage, age of vehicle, accident-free, location of vehicle, and multi-policy.
• 21st Century may include discounts for air bags, defensive driver, 55 and older, theft prevention, early bird, driver training, and homeowners.
• Allstate offers discounts for farm vehicle, premier plus, safe driver, EZ pay plan discount, and anti-theft.

Before purchasing a policy, check with every company to give you their best rates. Some discounts listed above may not apply to policies in every state. If you would like to choose from a list of companies that can offer you the previously mentioned discounts, click here to view.

Insurance rates are influenced by these factors

Many different elements are considered when you get a price on insurance. Most are fairly basic such as traffic violations, although some other factors are less apparent such as your marital status and annual miles driven.

• Rates also based on gender – Over time, data shows that women are safer drivers than men. However, don’t assume that women are BETTER drivers than men. Males and females tend to get into at-fault accidents at a similar rate, but the male of the species cause more damage. Men also get cited for more serious violations like driving under the influence (DUI). Male drivers age 16 to 19 generally have the highest accident percentage and thus pay the highest rates.
• Your credit rating is important – An insured’s credit score is a big factor in calculating your premium rate. Insureds that have high credit ratings tend to file fewer claims and have better driving records as compared to drivers with lower credit ratings. So if your credit score is lower than you’d like, you could pay less to insure your 1999 BMW M by repairing your credit.
• Lower rates for married couples – Having a wife or husband actually saves money when shopping for auto insurance. It may mean you are more mature than a single person and it’s statistically proven that married couples file fewer claims.
• Prices may be higher where you live – Having an address in a rural area can be a good thing when insuring your vehicles. Less people translates into fewer accidents and also fewer theft and vandalism claims. City drivers have more aggressive driving styles and more severe claims. More time commuting means more chance of being in an accident.
• Cheaper auto insurance rates with safer cars – Cars with high safety ratings cost less to insure. These vehicles result in less severe injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims and thus lower rates.
• Expect high rates for teens – Teen drivers are statistically proven to be more careless when driving with friends so they pay higher auto insurance rates. Older drivers are more responsible, tend to file fewer claims , and usually have better credit.
• No auto insurance gaps is important – Not maintaining insurance is a misdemeanor and auto insurance companies will penalize you for letting your insurance lapse. Not only will you pay higher rates, being ticketed for driving with no insurance will get you fines or a revoked license.
• Better drivers pay the best costs – Being a careful driver impacts premiums far more than you think. Good drivers get better rates as compared to careless drivers. Even one ticket may increase your cost by twenty percent. Drivers with flagrant citations such as hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 form with their state’s licensing department in order to prevent a license revocation.

Tailor your auto insurance coverage to you

When choosing coverage, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out if you might need professional guidance.

• Does my liability insurance cover pulling a trailer or camper?
• Does my insurance cover a custom paint job?
• Am I covered if I break a side mirror?
• Is my teen driver covered when they drive my company car?
• Are rental cars covered under my policy?
• When would I need rental car insurance?
• Where can I get insurance after a DUI in my state?
• Will my rates increase for filing one claim?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form.

Car insurance coverages for a 1999 BMW M

Knowing the specifics of your policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Liability car insurance

This coverage protects you from damages or injuries you inflict on a person or their property by causing an accident. This insurance protects YOU against other people’s claims. 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. Your policy might show limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability can pay for things like court costs, repair bills for other people’s vehicles, medical expenses and pain and suffering. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Comprehensive insurance

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as fire damage, a tree branch falling on your vehicle, theft and damage from flooding. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision insurance

This will pay to fix damage to your M resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as driving through your garage door, damaging your car on a curb, backing into a parked car and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for chiropractic care, surgery, pain medications, X-ray expenses and rehabilitation expenses. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Get your money’s worth

You just learned many ways to save on 1999 BMW M insurance. The most important thing to understand is the more times you quote, the better your comparison will be. Drivers may discover the biggest savings come from a smaller regional carrier.

Consumers change insurance companies for a number of reasons such as not issuing a premium refund, policy non-renewal, high prices and policy cancellation. It doesn’t matter what your reason, switching companies is not as difficult as it may seem.

Some companies do not provide price quotes online and most of the time these smaller companies sell through independent agents. Cheap 1999 BMW M insurance can be purchased from both online companies and from local agencies, and you need to comparison shop both to have the best rate selection.

Much more information about car insurance can be found at these links:

• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Avoiding Deer Collisions (Insurance Information Insitute)
• Child Safety FAQ (iihs.org)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)