2006 BMW 6 Series Car Insurance Cost

Trying to find better insurance prices for a BMW 6 Series could be difficult, but you can learn the following methods and make it easy. There are more efficient ways to compare auto insurance rates and you need to know the absolute fastest way to get price quotes on a BMW and obtain the lowest price from both online companies and local agents.

The easiest way to compare car insurance company rates utilizes the fact most insurance companies actually pay money for the chance to give rate comparisons. The one thing you need to do is give them some information like how your vehicles are used, any included safety features, the year, make and model of vehicles, and whether you are married. Those rating factors is automatically sent to multiple different insurance companies and they provide comparison quotes quickly.

Cheaper car insurance quotes with discounts

Some insurance providers don’t always list the entire discount list in an easy-to-find place, so the list below contains a few of the more common and also the more inconspicuous credits that you can use to lower your rates.

  • Life Insurance Discount – Insurance carriers who offer life insurance give a break if you buy life insurance from them.
  • Defensive Driver Discount – Taking time to complete a driver safety course can save you 5% or more and easily recoup the cost of the course.
  • Drivers Ed for Students – Require your teen driver to sucessfully take a drivers education course as it will make them better drivers and lower rates.
  • Pay Early and Save – By paying your entire bill at once as opposed to paying monthly you could save 5% or more.
  • Discount for Home Ownership – Just being a homeowner may trigger a policy discount on car insurance due to the fact that maintaining a home is proof of financial responsibility.
  • Distant Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from home without a vehicle on campus could qualify for this discount.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or motorized seat belts may get savings of more than 20%.
  • Discounts for New Vehicles – Insuring a new car can save you some money compared to insuring an older model.

One thing to note about discounts is that some credits don’t apply to all coverage premiums. A few only apply to the cost of specific coverages such as collision or personal injury protection. So even though you would think all those discounts means the company will pay you, it just doesn’t work that way.

A few popular companies and a summarized list of policyholder discounts include:

  • Progressive policyholders can earn discounts including multi-vehicle, multi-policy, good student, online signing, continuous coverage, and online quote discount.
  • SAFECO discounts include homeowner, safe driver, multi-car, bundle discounts, anti-lock brakes, and anti-theft.
  • American Family offers discounts including TimeAway discount, good driver, defensive driver, accident-free, and Steer into Savings.
  • MetLife may include discounts for good driver, defensive driver, multi-policy, claim-free, and accident-free.
  • GEICO has savings for good student, multi-policy, anti-lock brakes, defensive driver, five-year accident-free, and air bags.
  • The Hartford offers discounts for defensive driver, driver training, vehicle fuel type, air bag, and good student.

When quoting, ask every company which discounts can lower your rates. Some of the discounts discussed earlier might not be available to policyholders in every state. To find car insurance companies who offer car insurance discounts, click here.

Tailor your car insurance coverage to you

When it comes to buying the right insurance coverage, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs.

For instance, these questions might help in determining if your situation might need professional guidance.

  • Do I need to file an SR-22 for a DUI in my state?
  • Do I really need UM/UIM coverage?
  • Is there coverage for injuries to my pets?
  • Can I afford to pay high deductible claims out of pocket?
  • What is no-fault insurance?
  • Does my 2006 BMW 6 Series qualify for pleasure use?
  • What is the difference between comprehensive and collision coverage?
  • Why am I required to buy high-risk coverage?

If you can’t answer these questions, you might consider talking to a licensed 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.

Specific coverages for a 2006 BMW 6 Series

Having a good grasp of your insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Insurance terms can be difficult to understand and reading a policy is terribly boring.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for expenses such as funeral costs, nursing services and hospital visits. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Collision coverage protection

This will pay to fix damage to your 6 Series resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as damaging your car on a curb, crashing into a building, rolling your car and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Liability

Liability coverage protects you from damages or injuries you inflict on other’s property or people. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for things such as emergency aid, legal defense fees, loss of income, bail bonds and funeral expenses. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Comprehensive insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as theft, falling objects, damage from flooding and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and also any damage incurred to your 2006 BMW 6 Series.

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. So UM/UIM coverage is very important.

Comments About 2006 BMW 6 Series Insurance

  1. Georgette Blackburn

    I can’t pay high rates. Located in Fairbanks, Alaska. Not sure of all the companies but I ended up saving about $30 each month. Left State Farm to switch.

  2. Marshall Gates

    If you have a good history and are close to Gaithersburg, MD, check out GEICO. You might get cheaper rates. Left Hartford to switch. Highly recommended.

  3. Moriah Allen

    If you don’t have tickets and live around Bangor, Maine, check out Allstate. I saved quite a bit. BTW speeding tickets are not good. Just waiting to see how claims go.

  4. Apolonia Slater

    I’ve had State Farm for years. I’m in Salem, OR.

  5. Jacki Hoffman

    I live just to the west of Nashville, TN. Received prices from 21st Century, Auto-Owners, and some I forget for my 6 Series and I’m now saving $54 a month. Left Erie to switch. Teenage drivers are expensive!

  6. Malorie Baird

    I switched to Progressive. Quoted good rates in Saint Louis, Missouri. I get lower rates because of my clean driving record.

  7. Iva Bean

    I’m looking for cheaper coverage. Quoted with State Farm for my BMW and saved around $90 a year. Even increased my liability limits. Get lots of quotes to find the best rate.

  8. Melvin Ryan

    I compared a lot of rate quotes for a 2006 BMW 6 Series in Rockford, Illinois. Ended up at right around $220 every six months with American Family. I have a teen driver too.

  9. Vicki Grimes

    Any GEICO or Eastwood customers near Buffalo, NY?