Save on 2015 BMW 3 Series Gran Turismo Insurance Quotes

Searching for the cheapest insurance rates? Consumers have a choice when looking for the best price on BMW 3 Series Gran Turismo insurance. You can either waste hours calling around to get rate comparisons or use the internet to compare rates. There are both good and bad ways to buy insurance so you’re going to learn the proper way to price shop coverage on a BMW and find the cheapest rates either online or from local insurance agents.

If you have insurance now or need a new policy, you can follow these tips to reduce the price you pay while maximizing coverage. This information will familiarize you with how to get online quotes and some tricks to saving. Consumers just need to learn how to shop on the web.

How to buy insurance coverage

Cutting your insurance coverage rates is a fairly straight forward process. All you need to do is take a couple of minutes comparing price quotes provided by online insurance companies. You can get a good selection of rate quotes in several different ways.

The first (and easiest) way consumers can make multiple comparisons would be an industry-wide quote request form like this one (opens in new window). This type of form keeps you from doing multiple quote forms for every prospective company. One form submission gets you coverage quotes from all major companies. It’s the fastest way to compare.

Another way to find lower rates requires a trip to each individual company website to complete their respective quote request forms. For sake of this example, we’ll assume you want rates from Auto-Owners, Safeco and Progressive. You would be required to navigate to each company’s site to enter your coverage information, which is why most consumers use the first method.

For a list of companies in your area, click here.

If you have time to kill, the last way to compare price estimates is going to all the different insurance agencies. Quoting and buying insurance online has made agencies unnecessary unless you have a need for the trained advice that you can only get from talking to an agent. Although you can comparison shop online and still use a local agent.

However you get your quotes, double check that you are using apples-to-apples coverage limits on every price quote you get. If your comparisons have unequal deductibles or liability limits then you won’t be able to make a fair rate comparison.

Advertising and car insurance

Consumers get pounded daily by advertisements that promise big savings from the likes of 21st Century, Allstate and State Farm. They all seem to say the same thing about saving some big amount if you move to their company.

How do they all sell you cheaper insurance coverage? This is the trick they use.

Most companies look for specific characteristics for the right customer they prefer to insure. One example of a profitable customer might be described as between 30 and 50, insures multiple vehicles, and drives newer vehicles. Any customer that meets those criteria will probably get the lowest prices and will probably save when switching.

Consumers who cannot meet the “perfect” profile may receive a higher rate and the prospect going elsewhere. The trick is to say “customers who switch” but not “all drivers who get quotes” save that much money. That’s the way insurance companies can claim big savings. This really illustrates why it’s extremely important to do a price quote comparison at every renewal. It’s just not possible to know which car insurance company will provide the lowest auto insurance rates.

Save a ton with these discounts

Insurance can be pricey, but you may be missing some discounts that you may not even be aware of. A few discounts will automatically apply at the time you complete a quote, but some must be inquired about before being credited.

• Payment Discounts – By paying your policy upfront rather than paying in monthly installments you can avoid the installment charge.
• Bundle and Save – When you have multiple policies with the same insurance company you could save up to 20% off your total premium.
• Use Seat Belts – Buckling up and requiring all passengers to buckle up can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
• Air Bags and Passive Restraints – Options like air bags or motorized seat belts may earn rate discounts of more than 20%.
• Student in College – Older children who live away from home to go to college and don’t have a car may be insured at a cheaper rate.
• Save over 55 – Older drivers can get a discount up to 10% on 3 Series Gran Turismo coverage.
• Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents so companies give up to a 10% discount.
• Claim-Free Discount – Drivers with accident-free driving histories pay less in comparison with drivers who are more careless.
• Discounts for Good Drivers – Safe drivers could pay up to 40% less on 3 Series Gran Turismo coverage as compared to drivers with claims.
• Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% on 3 Series Gran Turismo coverage depending on your insurance provider.

Remember that most of the big mark downs will not be given to all coverage premiums. The majority will only reduce individual premiums such as comp or med pay. Just because it seems like you could get a free insurance policy, it’s just not the way it works.

Insurance companies that may offer quotes with some of the above discounts possibly include:

• Progressive
• The Hartford
• Mercury Insurance
• Geico
• AAA
• State Farm

When getting a coverage quote, ask each company which credits you are entitled to. Some discounts might not be offered on policies everywhere. To locate insurance companies who offer insurance discounts, click here.

Insurance coverage can be complex

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs.

These are some specific questions may help you determine if you would benefit from an agent’s advice.

• Can I rate high risk drivers on liability-only vehicles?
• Should I bundle my homeowners policy with my auto?
• At what point should I drop full coverage?
• Will I be non-renewed for getting a DUI or other conviction?
• How high should my medical payments coverage be?
• Who is covered when they drive my 2015 BMW 3 Series Gran Turismo?
• How can I get my company to pay me more for my totalled car?
• Can I pay claims out-of-pocket if I buy high deductibles?
• How much can I save by bundling my policies?
• Am I covered if I hit a deer?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and you can get the answers you need.

Specific coverage details

Understanding the coverages of a insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like a tree branch falling on your vehicle, damage from flooding, rock chips in glass and hitting a deer. The most you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as hospital visits, rehabilitation expenses, doctor visits, X-ray expenses and prosthetic devices. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your BMW 3 Series Gran Turismo.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Liability insurance

This protects you from damages or injuries you inflict on other people or property. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability insurance covers claims like legal defense fees, medical expenses, attorney fees, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Collision insurance

This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as sustaining damage from a pot hole, scraping a guard rail and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Don’t be a big spender

People switch companies for a variety of reasons including lack of trust in their agent, being labeled a high risk driver, extreme rates for teen drivers or denial of a claim. No matter why you want to switch, finding a new company is actually quite simple.

We just covered some good ideas how to shop for 2015 BMW 3 Series Gran Turismo insurance online. The key thing to remember is the more you quote auto insurance, the better likelihood of getting low cost auto insurance. Consumers could even find that the most savings is with a small local company.

When you buy auto insurance online, it’s a bad idea to reduce coverage to reduce premium. In too many instances, someone sacrificed liability limits or collision coverage and discovered at claim time that the small savings ended up costing them much more. Your focus should be to get the best coverage possible at the best cost but still have enough coverage for asset protection.

More detailed insurance information can be found in the articles below:

• Keeping Children Safe in Crashes Video (iihs.org)
• What if I Can’t Find Coverage? (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Bodily Injury Coverage (Liberty Mutual)