2012 BMW X3 Insurance Rates

Searching for low-cost insurance for your BMW X3 could be difficult, but you can learn the following methods to make it easier.

There are more efficient ways to compare insurance rates so we’re going to tell you the quickest way to compare rates on a BMW and find the lowest price from both online companies and local agents.

If you have a current auto insurance policy or need a new policy, you can follow these tips to cut your premiums and still get good coverage. Locating the best auto insurance coverage is simple if you know the tricks. Drivers just need to learn the most effective way to compare prices online.

These discounts can cut car insurance rates

Some companies don’t list every discount very clearly, so the list below contains a few of the more well known and also the more inconspicuous credits that may apply to you.

  • Seat Belts Save – Drivers who require all vehicle occupants to buckle up could save 15% on the medical payments or PIP coverage costs.
  • Memberships – Having an affiliation with a civic or occupational organization may earn a discount on your next car insurance statement.
  • Distant Student – Older children living away from home attending college and leave their car at home could qualify for this discount.
  • E-sign Discounts
  • Renewal Discounts – Some insurance companies reward drivers for renewing your policy before your current policy expires. It’s a savings of about 10%.
  • Homeowners Pay Less – Owning a home may trigger a policy discount on car insurance because owning a home is proof that your finances are in order.

One thing to note about discounts is that most of the big mark downs will not be given to all coverage premiums. Most only reduce the cost of specific coverages such as liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, companies don’t profit that way. But all discounts will help lower your policy premium.

Car insurance companies that may offer quotes with some of the discounts shown above include:

Before you buy a policy, ask every company how you can save money. Depending on the company, some discounts might not be offered in your state.

Cheapest car insurance quotes

Shopping for lower car insurance rates is a ton of work if you don’t understand the easiest way. You could spend your day talking to agents in your area, or you can stay home and use the internet to get pricing more quickly.

Many companies take part in a program that enables customers to send in one quote, and at least one company returns a competitive quote for coverage. This eliminates the need for quotation requests for each company.

To fill out one form to compare multiple rates now click here to open in new window.

The only drawback to getting quotes like this is you don’t know exactly which carriers you want pricing from. So if you prefer to choose specific insurance companies to request quotes from, we put together a list of car insurance companies in your area. Click to view list.

Whichever way you choose to compare rates, do your best to enter apples-to-apples coverage information on every quote you get. If you are comparing different deductibles you can’t possibly truly determine the lowest rate.

Five things that affect your insurance premiums

Smart consumers have a good feel for some of the factors that go into determining insurance coverage rates. If you understand what determines premiums, this enables you to make decisions that may result in lower insurance coverage prices.

  • Save money with higher physical damage deductibles – Physical damage insurance, aka comp and collision, helps pay for damage to your vehicle. Some examples of covered claims are running into the backend of another car, damage from fire, and damage caused by flying debris. Your deductibles define the amount you are required to pay if a covered claim is submitted. The larger the amount you have to pay, the lower your rates will be on X3 coverage.
  • Credit rating impacts premium prices – An insured’s credit score will be a significant factor in determining what you pay. Insureds that have excellent credit scores tend to be better drivers and file fewer claims as compared to drivers with lower credit ratings. Therefore, if your credit score can use some improvement, you could pay less to insure your 2012 BMW X3 by improving your rating.
  • Save money by eliminating add-on coverages – There are a lot of add-on coverages you can purchase but may not be useful. Things like vanishing deductibles, high-cost glass coverage, and motor club memberships may be costing you every month. These may sound like a good investment when you first buy your policy, but your money might be better spent on other coverage so eliminate them to save money.
  • Expect high rates for teens – Older people are more responsible, cost insurance companies less in claims , and are generally more financially stable.Teenage drivers have a tendency to get distracted easily when driving therefore insurance coverage rates are much higher.
  • Lower rates for married couples – Having a wife or husband may cut your premiums when buying insurance coverage. Marriage may mean you are more mature and it’s statistically proven that drivers who are married are more cautious.

When do I need an agent’s advice?

When it comes to choosing the right insurance coverage, there is no perfect coverage plan. Everyone’s situation is a little different.

Here are some questions about coverages that can aid in determining if you may require specific advice.

  • Does having multiple vehicles earn me a discount?
  • Does coverage extend to Mexico or Canada?
  • Is a new car covered when I drive it off the dealer lot?
  • Do I need medical payments coverage since I have good health insurance?
  • Am I covered when pulling a rental trailer?
  • What discounts do I qualify for?
  • What exactly is covered by my policy?
  • Why does it cost so much to insure a teen driver?
  • Is my custom paint covered by insurance?
  • When does my teenage driver need to be added to my policy?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form. It is quick, free and you can get the answers you need.

Auto insurance coverage information

Understanding the coverages of a insurance policy helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Coverage for liability – This coverage protects you from damage or injury you incur to other’s property or people. This coverage protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as legal defense fees, medical expenses, loss of income and funeral expenses. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.

Uninsured and underinsured coverage – This coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits are set the same as your liablity limits.

Coverage for medical payments – Coverage for medical payments and/or PIP pay for short-term medical expenses such as doctor visits, hospital visits, EMT expenses, ambulance fees and rehabilitation expenses. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Collision coverages – Collision coverage will pay to fix damage to your X3 resulting from a collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as sustaining damage from a pot hole, hitting a parking meter and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive coverages – Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like rock chips in glass, a broken windshield, fire damage and hail damage. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Power to the consumer

When shopping online for insurance, it’s not a good idea to skimp on coverage in order to save money. Too many times, consumers will sacrifice liability coverage limits only to regret that it was a big mistake. Your goal is to buy the best coverage you can find at an affordable rate while still protecting your assets.

Affordable 2012 BMW X3 insurance is possible online and from local insurance agents, so get free car insurance quotes from both of them to get a complete price analysis. Some companies may not provide the ability to get quotes online and these regional insurance providers work with independent agents.

We’ve covered some good ideas how to lower your 2012 BMW X3 insurance rates. The most important thing to understand is the more times you quote, the better chance you’ll have of finding cheaper car insurance. You may be surprised to find that the lowest priced insurance comes from the smaller companies.

Additional detailed information can be found in these articles:

Comments About 2012 BMW X3 Insurance

  1. Cortney Joseph

    Mine is so expensive. From north side of Fort Wayne, Indiana. Quoted with AAA, Farmers, and Safeco for my X3 and I’m now saving $19 a month. I get a discount for insuring multiple vehicles.

  2. Sabina Lang

    I live just to the east of Tacoma, WA. I quoted with 21st Century, Auto-Owners, and some I forget for my 2012 BMW X3 and I’m now saving $41 a month.

  3. Celestine Blair

    Anyone understand their policy?

  4. Denae Mosley

    I live just outside Atlanta, Georgia. Quoted with State Farm, American Family, and Esurance for my 2012 BMW X3 and saved $390 a year. Good multi-policy discounts.

  5. Sacha Flores

    Found cheapest coverage with Mercury for my BMW and saved around $260 a year. It never hurts to quote around.

  6. Alethia Dalton

    Checking in from Portland, Maine. Quoted a bunch of companies. Saved darn near $40 a month. State Farm was the cheapest for me. Left Progressive to switch. I used their website to get prices.

  7. Owen Aguirre

    Thought I’d throw in my experience. From south side of Miami, FL. I got free rates from Amica, Mercury, and a few others for my BMW and I’m now saving $16 a month. Was with Farmers. Get lots of quotes to find the best rate.

  8. Jules Navarro

    From south side of Wichita, Kansas, and 21st Century rates were best.

  9. Jerry Raymond

    Will 21st Century give discounts for good grades?

  10. Amos Mcdaniel

    Are custom wheels covered by insurance?

  11. Claudia Mcmahon

    I found pretty cheap rate quotes for a 2012 BMW X3 in Denver, Colorado. Ended up at about $260 every six months with AAA. Can still barely afford it.

  12. Holley Barrett

    Live in the northern part of Columbus, Ohio. Got car insurance prices from GEICO, American Family, and some I forget for my 2012 BMW X3 and I think I saved about $50 each month. I even had a DUI years ago. Are quotes cheaper online?

  13. Myesha Knight

    I found pretty cheap rate quotes for a 2012 BMW X3 in Springfield, MO. Ended up at right around $200 every six months with AIG Insurance. Left Liberty Mutual to switch. I think they have home insurance too. They were helpful in switching over.