2008 BMW Z4 Insurance Quotes

Want cheaper car insurance rates for your BMW Z4? There isn’t anyone who looks forward to paying premiums for car insurance, particularly when they could find better prices if they shop around. Insurance companies such as Geico, Progressive and Allstate constantly bombard you with advertising and it is challenging if not impossible to separate fact from fiction and do the work needed to find the best deal.

If you have a policy now or are looking for a new policy, you can learn to get lower rates and possibly find even better coverage. Buying car insurance is not rocket science. Consumers just need to know the best way to buy auto insurance over the internet.

Where can I get low cost auto insurance?

Getting a cheaper price on 2008 BMW Z4 insurance can be surprisingly simple. Just spend a little time comparing rates from different insurance companies. This can be done by using one of the methods below.

1. The best way to get quotes for comparison is an all-inclusive rate comparison (click to open form in new window). This form saves time by eliminating repetitive form submissions for every auto insurance company. One form submission will get you rate comparisons from all major companies.
2. A slightly less efficient method to analyze rates is to take the time to go to each company’s website and request a quote. For examples sake, we’ll assume you want to compare USAA, Safeco and Progressive. You would have to navigate to each company’s site and type in your information over and over, which is why the first method is quicker.

   To view a list of companies in your area, click here.

The method you choose is up to you, but try to keep exactly the same coverages and limits for every quote you compare. If you compare different liability limits it will be nearly impossible to decipher which rate is best.

Get cheaper insurance with discounts

The cost of insuring your cars can be expensive, but there could be significant discounts that many consumers don’t even know exist. Some of these disounts will be visible at the time of purchase, but once in a while a discount must be requested specifically prior to receiving the credit.

• Policy Bundle Discount – If you insure your home and vehicles and place coverage with the same company you will save approximately 10% to 15%.
• Homeowners Pay Less – Owning a house can help you save on insurance since owning and maintaining a home shows financial diligence.
• Use Seat Belts – Forcing all vehicle occupants to use their safety belts can save 10% or more off the medical payments premium.
• Theft Deterent Discount – Vehicles with anti-theft systems are stolen less frequently and that can save you a little bit as well.
• No Accidents – Claim-free drivers have much lower rates when compared to drivers with a long claim history.
• Paperless Signup – A handful of insurance companies provide a small discount for signing up digitally online.
• Defensive Driver Discounts – Taking a class that teaches safe driver techniques could possibly earn you a 5% discount and easily pay for the cost of the class.
• Passenger Safety Discount – Factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
• Service Members Pay Less – Being on active duty in the military could be rewarded with lower rates.

One thing to note about discounts is that some of the credits will not apply to the entire cost. The majority will only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears adding up those discounts means a free policy, insurance companies aren’t that generous.

Companies and some of their more popular discounts include:

• Geico offers discounts for anti-theft, membership and employees, federal employee, emergency military deployment, seat belt use, and five-year accident-free.
• SAFECO offers premium reductions for anti-lock brakes, bundle discounts, homeowner, teen safe driver, drive less, and teen safety rewards.
• State Farm offers discounts including Drive Safe & Save, driver’s education, defensive driving training, good student, good driver, anti-theft, and Steer Clear safe driver discount.
• MetLife includes discounts for claim-free, multi-policy, good student, good driver, accident-free, defensive driver
• 21st Century discounts include driver training, anti-lock brakes, teen driver, 55 and older, early bird, and defensive driver.
• Progressive may include discounts for homeowner, multi-policy, good student, online signing, and online quote discount.

If you need lower rates, check with every prospective company the best way to save money. Some of the earlier mentioned discounts may not apply to policies in your area. For a list of insurance companies who offer discounts, click here to view.

Tailor your car insurance coverage to you

When choosing proper insurance coverage, there really is not a “best” method to buy coverage. Everyone’s needs are different and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine if you would benefit from professional advice.

• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Is business equipment covered while in my vehicle?
• Do I have coverage when using my vehicle for my home business?
• Why am I required to buy liability insurance?
• How much can I save by bundling my policies?
• Am I covered when driving on a suspended license?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Coverages available on your auto insurance policy

Knowing the specifics of a auto insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages found on the average auto insurance policy.

Comprehensive auto coverage

This pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a bird, damage from a tornado or hurricane and damage from getting keyed. The most your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability auto insurance

This coverage provides protection from injuries or damage you cause to a person or their property that is your fault. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which means 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 things like court costs, attorney fees, structural damage, medical services and emergency aid. How much coverage you buy is a decision to put some thought into, but you should buy as high a limit as you can afford.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like funeral costs, rehabilitation expenses, doctor visits and chiropractic care. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Collision insurance

Collision insurance covers damage to your Z4 resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like hitting a parking meter, crashing into a building and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as damage to your BMW Z4.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.