2007 BMW ALPINA B7 Insurance Rates

I really doubt anyone gets a kick out of paying for car insurance, especially when it costs too dang much. You have multiple auto insurance companies to insure vehicles with, and though it is a good thing to have multiple companies, more options can take longer to find the best rates for your vehicles.

It’s smart to price shop coverage before your policy renews because car insurance prices tend to go up over time. Even if you think you had the lowest quotes on ALPINA B7 insurance last year the chances are good that you can find a lower rate today. Ignore everything you know about car insurance because I’m going to let you in on the secrets to the proper way to buy cheaper car insurance.

Discounts for affordable car insurance rates

Companies that sell car insurance do not list every policy discount very well, so we researched both well-publicized as well as some of the hidden credits available to bring down your rates.

• Anti-lock Brakes – Cars and trucks with ABS braking systems or traction control can avoid accidents and earn discounts up to 10%.
• Multi-policy Discount – If you insure your home and vehicles with one company you may save nearly 15% which can help you find the cheapest car insurance.
• Memberships – Participating in a civic or occupational organization could qualify you for a break on car insurance.
• Low Mileage Discounts – Maintaining low annual mileage could be rewarded with lower rates due to less chance of an accident.
• Mature Driver Discount – Mature drivers may receive better car insurance rates on ALPINA B7 insurance.

Remember that most credits do not apply to your bottom line cost. Most cut the price of certain insurance coverages like liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, it doesn’t quite work that way.

The best car insurance companies and a summarized list of policyholder discounts are shown below.

• Farm Bureau policyholders can earn discounts including multi-policy, renewal discount, multi-vehicle, good student, driver training, 55 and retired, and youthful driver.
• Liberty Mutual may include discounts for new vehicle discount, preferred payment discount, newly married, multi-policy, good student, and newly retired.
• State Farm may offer discounts for accident-free, good student, defensive driving training, Drive Safe & Save, driver’s education, and anti-theft.
• Auto-Owners Insurance discounts include multiple vehicles, safe vehicle, air bags, multi-policy, paid in full, and safe driver.
• Geico offers discounts for multi-policy, defensive driver, daytime running lights, military active duty, federal employee, emergency military deployment, and anti-theft.
• SAFECO offers discounts including anti-lock brakes, accident prevention training, safe driver, drive less, and teen safety rewards.

When getting free car insurance quotes, it’s a good idea to every company which discounts they offer. Savings might not be offered on policies in your area. To locate insurers that have a full spectrum of discounts, follow this link.

Why you might pay higher rates

Many things are taken into consideration when you get your auto insurance bill. Most are fairly basic like your driving record, although others are more transparent like your continuous coverage or your vehicle rating.

• Bad credit will cost you – A driver’s credit score is likely to be a major factor in determining what you pay for car insurance. Insureds with high credit ratings tend to be more responsible than drivers with poor credit. So if your credit is lower than you’d like, you could pay less to insure your 2007 BMW ALPINA B7 if you improve your credit rating.
• Save by driving less – Driving more miles in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers calculate prices based upon how you use the vehicle. Autos that do not get driven very much receive lower rates than cars that get driven a lot. Make sure your car insurance coverage is rated on annual mileage, because it can save money. Improper usage on your ALPINA B7 may be costing you.
• Raising coverage deductibles lowers costs – Comprehensive and collision coverage deductibles state the amount of money you are required to spend out-of-pocket if a covered claim is submitted. Physical damage insurance, also called comprehensive and collision insurance, protects your car from damage. A few examples of covered claims are a windshield broken by a bird, damage caused by hail, or theft of your vehicle. The larger the amount you pay before a claim is paid (deductible), the bigger discount you will receive on ALPINA B7 insurance.
• Always keep your policy in force – Not having insurance can get you a ticket and any future policy may cost more because you let your insurance coverage expire. Not only will you pay more, getting caught without coverage will get you a hefty fine and possibly a revoked license. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
• Lower rates with a multi-policy discount – Most major companies will give a discount to buyers that buy multiple policies. It’s known as a multi-policy discount. Discounts can be ten or even fifteen percent. Even with this discount applied, consumers should still compare other company rates to confirm you are receiving the best rates possible. Drivers may still save money even if you insure with multiple companies
• Stay claim-free and save – If you file claims often, don’t be surprised to see higher rates. Car insurance companies provide the lowest premiums to drivers that do not abuse their auto insurance. Insurance coverage is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.

You may need specialized insurance coverage coverage

When choosing adequate coverage for your vehicles, there is no perfect coverage plan. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions may help highlight if you will benefit from professional help.

• How much liability coverage do I need in my state?
• Can I afford to pay high deductible claims out of pocket?
• Should I have combined single limit or split liability limits?
• Should I waive the damage coverage when renting a car?
• Do I need replacement cost coverage on my 2007 BMW ALPINA B7?
• Should I buy more coverage than the required minimum liability coverage?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and you can get the answers you need.

Do drivers who switch really save $391 a year?

Consumers constantly see and hear ads that promise big savings from companies such as State Farm and Allstate. All the ads advertise claims about how much you will save if you switch your coverage.

How can each company charge you less for car insurance? It’s all in how they say it.

All companies require specific criteria for the type of customer that earns them the most money. For instance, a profitable insured might be described as over the age of 50, insures multiple vehicles, and drives less than 5,000 miles a year. Any new insured who meets those qualifications will get low prices and therefore will save quite a bit of money when switching.

Drivers who do not match those criteria may be required to pay higher prices which results in the customer not purchasing. The ad wording is “people that switch” not “all people who quote” save that much money. That is how insurance companies can claim big savings. That is why you really should get price quotes at each policy renewal. It’s just not possible to know which company will have the lowest rates.

Car insurance 101

Learning about specific coverages of your car insurance policy can help you determine the right coverages at the best deductibles and correct limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages found on the average car insurance policy.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for bills for chiropractic care, nursing services, rehabilitation expenses and surgery. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability car insurance

This coverage will cover damages or injuries you inflict on a person or their property. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like emergency aid, pain and suffering and funeral expenses. How much coverage you buy is up to you, but buy higher limits if possible.

Coverage for collisions

Collision insurance pays for damage to your ALPINA B7 caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like colliding with another moving vehicle, sideswiping another vehicle, crashing into a building and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive coverage

This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as vandalism, theft, a tree branch falling on your vehicle, fire damage and hitting a bird. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

More quotes mean more savings

Cheaper insurance coverage can be found from both online companies and from local insurance agents, so you need to shop car insurance with both so you have a total pricing picture. There are still a few companies who don’t offer the ability to get quotes online and many times these small insurance companies prefer to sell through local independent agents.

Throughout this article, we presented a lot of information how to shop for 2007 BMW ALPINA B7 insurance online. The most important thing to understand is the more providers you compare, the better your chances of lowering your car insurance rates. Drivers may discover the most savings is with a small mutual company. These smaller insurers may cover specific market segments cheaper than their larger competitors like State Farm or Progressive.

Helpful resources

• Vehicle Size and Weight FAQ (iihs.org)
• Senior Drivers (Insurance Information Insitute)
• Coverage Information (Progressive Insurance)
• Keeping Children Safe in Crashes Video (iihs.org)