2012 BMW Z4 Car Insurance Quotes – 10 Tips to Save

Trying to find better insurance coverage rates for your BMW Z4? Searching for better insurance prices for a BMW Z4 can be an all-consuming task, but you can use our insurance coverage buying tips to make it easier.

There is a better way to shop for insurance coverage so we’re going to tell you the proper way to get price quotes for your BMW and obtain the lowest possible price from local insurance agents and online providers.

It’s a good idea to shop coverage around before your policy renews because prices are variable and change quite frequently. Just because you found the lowest quotes on Z4 insurance a few years ago you may be paying too much now. Block out anything you think you know about insurance coverage because I’m going to teach you the easiest way to remove unneeded coverages and save money.

Insurance quotes comparison

Getting a cheaper price on 2012 BMW Z4 insurance is pretty simple and can save money. All you need to do is take a couple of minutes to compare rate quotes from some recommended companies. It’s really simple and can be done using one of these methods.

The recommended way to compare a lot of rates at once would be an industry-wide quote request form click to view form in new window. This type of form prevents you from having to do separate forms for every company. Filling out one form will get you rate comparisons from many national carriers. Recommended for those who want to invest the least amount of time.

A different way to find better pricing is to manually visit the website for every company you want to comare to complete their respective quote request forms. For example, we’ll assume you want to get rates from USAA, State Farm and Travelers. You would have to spend time on each company’s site to input your insurance information, which can get old fast. For a handy list of car insurance company links in your area, click here.

Compare rates however you want, just make darn sure you compare exactly the same coverage limits for every company. If you are comparing different coverage information it will be very difficult to determine which rate is truly the best.

Do you really save 40% when you switch?

Drivers can’t escape the ads for car insurance savings from companies such as Allstate and Progressive. They all convey the message about how much you will save just by switching your policy.

How does every car insurance company offer drivers better rates?

Car insurance companies have an ideal profile for the type of driver that earns them the most money. For instance, a preferred risk may be a married male, owns a home, and drives newer vehicles. Anyone that hits that “sweet spot” will get a cheap rate quote and therefore will save some money.

Consumers who are not a match for those standards will have to pay higher premiums and ends up with the driver buying from a lower-cost company. If you listen closely, the ads state “drivers who switch” but not “all drivers who get quotes” save that much when switching. That is how companies can state the savings.

Each company has different criteria, so you really need to compare free insurance coverage quotes often. It is impossible to guess which company will have the best auto insurance rates at this point in time.

Get lower rates with these ten discounts

Companies do not advertise every discount they offer in a way that’s easy to find, so we break down some of the best known as well as the least known discounts that you can inquire about if you buy insurance coverage online. If you do not check that you are getting every discount you qualify for, you are just wasting money.

• Early Signing – Some insurance companies give discounts for buying a new policy before your current policy expires. You could save around 10% when you buy insurance coverage online.
• Professional Organizations – Participating in a professional or civic organization is a good way to get lower rates when shopping for insurance.
• Theft Deterent System – Cars and trucks that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
• Good Students Pay Less – This discount may save as much as 25% on a insurance coverage quote. Earning this discount can benefit you well after school through age 25.
• Pay Early and Save – By making one initial payment as opposed to paying monthly you can actually save on your bill.
• Passive Restraint Discount – Vehicles equipped with air bags could see savings of 20% or more.
• Multi-Vehicle Discounts – Buying insurance for multiple cars or trucks on the same insurance policy qualifies for this discount.
• Military Discounts – Having an actively deployed family member could mean lower insurance rates.
• Save with a New Car – Adding a new car to your policy can save up to 30% because new model year vehicles have to meet stringent safety requirements.
• College Student Discount – College-age children who are enrolled in a college that is more than 100 miles from home without a vehicle on campus can be insured at a reduced rate.

As a sidenote, most discounts do not apply to the entire cost. Most only apply to the cost of specific coverages such as medical payments or collision. Even though the math looks like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

Insurance companies who might offer most of the discounts above possibly include:

• Esurance
• The Hartford
• AAA
• Geico
• State Farm

If you need lower rates, check with each company which discounts can lower your rates. Depending on the company, some discounts might not be available to policyholders in your area. To find companies with the best insurance discounts, follow this link.

What is the best insurance coverage?

When choosing adequate coverage for your personal vehicles, there really is not a single plan that fits everyone. Each situation is unique.

For example, these questions can aid in determining whether or not you would benefit from professional advice.

• When should I remove comp and collision on my 2012 BMW Z4?
• Do all my vehicles need collision coverage?
• Are split liability limits better than a combined single limit?
• Do I have newly-aquired coverage?
• Do I need special endorsements for business use of my vehicle?
• How can I find cheaper teen driver insurance?
• Are there companies who specialize in insuring high-risk drivers?
• Can my teen drive my company car?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, free and may give you better protection.

Insurance coverages and their meanings

Understanding the coverages of your insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for expenses for prosthetic devices, rehabilitation expenses and chiropractic care. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like fire damage, theft, damage from getting keyed, a broken windshield and hitting a deer. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability

Liability coverage can cover damage or injury you incur to other’s property or people. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as legal defense fees, medical expenses, medical services, repair bills for other people’s vehicles and bail bonds. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for collisions

Collision coverage will pay to fix damage to your Z4 caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with another moving vehicle, hitting a mailbox and crashing into a building. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also raise the deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

In Summary

Lower-priced insurance coverage is possible online in addition to local insurance agencies, and you should compare price quotes from both in order to have the best chance of saving money. A few companies do not offer the ability to get a quote online and usually these small, regional companies prefer to sell through local independent agencies.

When getting insurance coverage quotes online, you should never reduce needed coverages to save money. Too many times, an insured cut full coverage only to regret that it was a big mistake. Your goal is to get the best coverage possible at a price you can afford, but do not skimp to save money.

You just learned a lot of information how to shop for 2012 BMW Z4 insurance online. The most important thing to understand is the more price quotes you have, the better your comparison will be. You may be surprised to find that the best rates are with the smaller companies.

Much more information about insurance coverage can be read below:

• Auto Insurance 101 (About.com)
• Senior Drivers (Insurance Information Insitute)
• Things to Know Before you Cancel Insurance (Allstate)
• Electronic Stability Control FAQ (iihs.org)
• Comprehensive Coverage (Liberty Mutual)