2011 BMW X3 Insurance Quotes

Searching for the cheapest car insurance rates for your BMW X3? Are you irritated from trying to scrape together enough money each month for car insurance? Your situation is no different than most other people. With so many companies and agents to choose from, it’s nearly impossible to pick a more affordable car insurance company.

It’s a good idea to shop coverage around once or twice a year because insurance prices tend to go up over time. Even if you think you had the best price for X3 insurance last year you can probably find a better rate now. Block out anything you think you know about car insurance because you’re about to learn how to quote online to buy cheaper car insurance.

Quote insurance coverage online

Lowering your 2011 BMW X3 insurance coverage rates can be relatively painless. You just need to spend a little time to compare rate quotes to see which company has low cost car insurance quotes. This is very easy and can be done in a couple of different ways.

  1. One of the fastest ways to get quotes would be an industry-wide quote request form like this one (opens in new window). This form prevents you from having to do separate quotation requests for each price estimate. A single form compares rates from all major companies.
  2. A more difficult way to shop for insurance coverage online requires visiting the website for each individual company and complete a new quote form. For instance, we’ll assume you want to compare rates from Allstate, State Farm and Geico. To get each rate you have to spend time on each company’s site and enter your policy data, which can get old fast. For a handy list of car insurance company links in your area, click here.

It’s up to you which method you use, but make sure you compare the same coverage data with each company. If the quotes have different data you will not be able to get a fair rate comparison.

Find discounts on car insurance

Companies offering auto insurance do not list every policy discount in a way that’s easy to find, so below is a list both the well known and also the more inconspicuous credits available to you.

  • Telematics Data – Drivers that enable companies to analyze driving manner by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates if they show good driving skills.
  • Paperless Signup – A few car insurance companies give back up to $50 for buying a policy and signing up on the web.
  • Theft Deterent – Cars, trucks, and SUVs optioned with advanced anti-theft systems prevent vehicle theft and can earn a small discount on your policy.
  • Employee of Federal Government – Federal government employees could qualify for a slight premium decrease for X3 insurance with a few car insurance companies.
  • Smart Student Discounts – Getting good grades can save 20 to 25%. You can use this discount normally until age 25.
  • Resident Student – Kids who live away from home to go to college and do not have a car can receive lower rates.
  • Claim-Free Discount – Claim-free drivers pay less when compared with drivers with a long claim history.

It’s important to understand that some credits don’t apply the the whole policy. Some only reduce the price of certain insurance coverages like comp or med pay. Even though it appears you can get free auto insurance, you’re out of luck.

Larger car insurance companies and their possible discounts include:

  • Geico offers discounts including multi-vehicle, anti-theft, emergency military deployment, good student, multi-policy, and daytime running lights.
  • MetLife may include discounts for accident-free, good driver, claim-free, multi-policy, good student, defensive driver
  • State Farm offers premium reductions for safe vehicle, student away at school, defensive driving training, anti-theft, driver’s education, good driver, and Drive Safe & Save.
  • Progressive has discounts for online signing, online quote discount, good student, homeowner, and continuous coverage.
  • Mercury Insurance may offer discounts for good student, multi-car, annual mileage, ease of repair, age of vehicle, good driver, and type of vehicle.
  • 21st Century discounts include air bags, student driver, homeowners, theft prevention, automatic seat belts, early bird, and 55 and older.
  • Allstate includes discounts for early signing, utility vehicle, FullPay discount, anti-theft, EZ pay plan discount, and farm vehicle.

Before you buy a policy, ask every insurance company to give you their best rates. Some discounts might not be available to policyholders in every state. If you would like to choose from a list of car insurance companies who offer car insurance discounts, click here to view.

BMW X3 insurance cost factors

Lots of factors are considered when premium rates are determined. Most are fairly basic such as your driving history, but some are not as apparent like where you live and annual miles driven.It’s important that you understand the factors that play a part in calculating your premiums. When you understand what controls the rates you pay, this empowers consumers to make smart changes that will entitle you to lower rates.

The following are some of the major factors used by companies to determine premiums.

  • Drivers with good credit save – Having a bad credit score can be a huge factor in determining what you pay. People with excellent credit scores tend to file fewer claims than those with bad credit. Therefore, if your credit is low, you could potentially save money when insuring your 2011 BMW X3 if you clean up your credit.
  • Do you really need roadside assistance? – Policies have add-on coverages that may not really be needed if you aren’t careful. Coverage for things like rental car reimbursement, death and dismemberment, and Farm Bureau memberships are probably not needed. You may think they are a good idea when talking to your agent, but your money might be better spent on other coverage so remove them from your policy.
  • With age comes responsibility – Older, more experienced drivers are viewed as being more responsible, tend to file fewer claims and receive fewer citations.Drivers with little experience are statistically proven to be more careless when driving so car insurance rates are higher.
  • Driving citations inflate rates – Careful drivers have lower premiums compared to drivers with tickets. Having a single ticket can increase rates forty percent or more. Drivers unfortunate enough to have multiple tickets such as reckless driving, hit and run or driving under the influence might be required by their state to submit a SR-22 form with their state’s licensing department in order to continue driving.
  • Insurance rates and driver gender – Over time, data shows women are more cautious behind the wheel. That doesn’t necessarily mean that women are BETTER drivers than men. They both get in accidents at a similar rate, but men tend to have more serious accidents. Men also tend to get cited for more serious violations like DWI (DUI) or reckless driving. Male teenagers generally have the highest accident percentage and therefore pay the highest rates.

Tailor your insurance coverage coverage to you

When it comes to choosing coverage for your vehicles, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions might help in determining whether your personal situation would benefit from professional advice.

  • Why am I required to buy liability insurance?
  • When should I not file a claim?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I covered if I break a side mirror?
  • Who is covered by my policy?
  • Does my policy pay for OEM or aftermarket parts?
  • What is an SR-22 filing?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Insurance coverage basics

Knowing the specifics of your policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on the average insurance policy.

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Usually these coverages are similar to your liability insurance amounts.

Collision coverage protection

This coverage covers damage to your X3 from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like driving through your garage door, damaging your car on a curb, hitting a mailbox, crashing into a building and crashing into a ditch. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Medical expense insurance

Med pay and PIP coverage provide coverage for short-term medical expenses for things like funeral costs, hospital visits and ambulance fees. They are utilized in addition to your health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability car insurance

Liability coverage can cover damage or injury you incur to other’s property or people. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as funeral expenses, medical services, medical expenses and attorney fees. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like theft, vandalism and hitting a bird. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Quote more, save more

Low-cost 2011 BMW X3 insurance is possible on the web in addition to many insurance agents, so you should compare both to have the best selection. Some car insurance companies may not have online price quotes and these smaller companies work with independent agencies.

When buying insurance coverage, it’s a bad idea to reduce coverage to reduce premium. In too many instances, an accident victim reduced liability coverage limits and discovered at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to buy the best coverage you can find for the lowest cost, but do not skimp to save money.

You just learned some good ideas how you can get a better price on 2011 BMW X3 insurance. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding the cheapest car insurance. Consumers could even find that the best price on car insurance is with the smaller companies. They may only write in your state and offer lower auto insurance rates than the large multi-state companies such as State Farm or Progressive.

Additional detailed information is located by following these links:

Comments About 2011 BMW X3 Insurance

  1. Kali Fernandez

    From northwest of Charleston, SC. I quoted with Allstate, American Family, and some I forget for my BMW and saved just over $410 a year. BTW speeding tickets are not good.

  2. Trevor Ortega

    Well-written and thought out article. I live on the north side of Columbia, SC. Got quotes from American Family, Esurance, and Nationwide for my X3 and I think I saved about $60 each month.

  3. Juliann Williamson

    I’ve had Progressive for years. I’m in Philadelphia, PA.

  4. Caleb Wade

    Here’s my quote info. I live just outside Henderson, NV. Got car insurance prices from Liberty Mutual, American Family, Safeco, and a couple others for my X3 and saved $312 a year. Hopefully won’t need it.

  5. Tara Trujillo

    If you have a clean record and live in the vicinity of Kansas City, MO, check out Progressive. You might save some money. Insured with Mercury before. It never hurts to quote around.

  6. Marylynn Torres

    I live on the south side of Nampa, ID. Received prices from State Farm, AIG Insurance, and Encompass for my 2011 BMW X3 and saved just over $380 a year. Insured with Erie before. I just quoted rates online.

  7. Billie Bradshaw

    I’m in Biloxi, Mississippi. Went online for free insurance quotes for a 2011 BMW X3. Ended up at about $220 savings annually. Went with Allstate. I have several vehicles insured with them. I just quoted rates online.

  8. Concha Guthrie

    If you have a good history and live in the vicinity of San Diego, California, check out State Farm. They seem to be cheaper.

  9. Shani Weaver

    I live in a small town just outside of Billings, MT. Got car insurance rates from GEICO, American Family, and some I forget for my BMW and saved about $560 a year. Left 21st Century to switch. It was easy to get rates.

  10. Trinity Bridges

    State Farm quoted the best rates in Vermont.

  11. Corey Singleton

    If you’re around Reno, NV try State Farm and Progressive and see which is cheaper.

  12. Armanda Rocha

    Does Progressive prorate premiums at cancellation?

  13. Jeri Kirkland

    Hope my rates come down. Checking in from Billings, MT. Quoted prices from Amica, MetLife, and Travelers for my 2011 BMW X3 and I’m now saving $46 a month. Did it all online.

  14. Adrianna Walter

    Anyone know if State Farm does SR-22s?

  15. Ahmad Fernandez

    Does Mississippi require a SR-22 after a DUI?